v3.25.3
Interim Condensed Consolidated Balance Sheets (Unaudited)
¥ in Thousands, $ in Thousands
Jun. 30, 2025
USD ($)
Jun. 30, 2025
CNY (¥)
Dec. 31, 2024
CNY (¥)
Current assets:      
Cash and cash equivalents $ 9,530 ¥ 68,300 ¥ 25,112
Restricted cash 5 37 767
Accounts receivable, net 502 3,597 4,150
Inventory, net 39,009 279,400 207,390
Loans recognized as a result of payments under guarantees, net of provision for credit losses of RMB10,337 and RMB7,995 as of March 31, 2023 and 2024, respectively
Other receivables, net of provision for credit losses of RMB26,541 and RMB22,739 as of March 31, 2023 and 2024, respectively 1,825 13,077 14,998
Prepaid expenses and other current assets 11,599 83,087 86,977
Total current assets 62,470 447,511 339,394
Non-current assets:      
Property, equipment and software, net 10,539 75,499 71,420
Finance lease right-of-use assets, net 186,067 1,332,908 1,346,728
Operating lease right-of-use assets, net 26,213 187,781 194,388
Total non-current assets 222,819 1,596,188 1,612,536
Total assets 285,289 2,043,699 1,951,930
Current liabilities      
Accounts payable 10,537 75,485 81,584
Other payables and other current liabilities 38,923 278,826 306,391
Current portion of finance lease liabilities 8,085 57,921 183,852
Current portion of operating lease liabilities 2,226 15,943 14,563
Total current liabilities 90,703 649,757 762,006
Non-current liabilities      
Consideration payable to WeBank 905 6,485 27,237
Finance lease liabilities 164,448 1,178,042 1,141,118
Operating lease liabilities 24,506 175,552 180,920
Total non-current liabilities 191,859 1,374,396 1,403,188
Total liabilities 282,562 2,024,153 2,165,194
Mezzanine equity      
Redeemable non-controlling interests 42,536 304,709 154,977
Total Mezzanine equity 42,536 304,709 154,977
Shareholders’ deficit      
Ordinary shares (US$0.0001 par value, 190,100,000,000 and 190,100,000,000 shares authorized as of December 31, 2024 and June 30, 2025, respectively; 56,354,853,138 Class A ordinary shares and 61,809,943,258 Class A ordinary shares issued and outstanding as of December 31, 2024 and June 30, 2025, respectively; 40,809,861 Class B ordinary shares issued and 40,809,861 Class B ordinary shares issued and outstanding as of December 31, 2024 and June 30, 2025, respectively) 6,105 43,733 39,816
Additional paid-in capital 2,682,169 19,213,990 19,007,948
Subscription receivable from shareholders (8,441) (60,467) (60,467)
Accumulated other comprehensive income 31,801 227,809 227,718
Accumulated deficit (2,751,395) (19,700,000) (19,583,017)
Total Uxin Limited shareholders’ deficit (39,761) (284,820) (368,002)
Non-controlling interests (48) (343) (239)
Total shareholders’ deficit (39,809) (285,163) (368,241)
Total liabilities, mezzanine equity and shareholders’ deficit 285,289 2,043,699 1,951,930
Third Parties [Member]      
Current liabilities      
Short-term borrowing 30,932 221,582 174,616
Non-current liabilities      
Long term borrowing 2,000 14,317
Related Party [Member]      
Current liabilities      
Short-term borrowing 1,000
Non-current liabilities      
Long term borrowing ¥ 53,913