Oct. 3 at 1:41 AM
$UXIN [Several Points] 1) Liquidity is the primary concern here (the reason for the shelf registration), and I have consistently mentioned this to the board; 2) Compare UXIN today with
$CVNA in 2017/18 and you will see similar financial positions - the Company 20-25X its valuation from 2017-2021; 3) UXIN has a more supportive government, 2X larger target market and first mover advantage to Omni channel marketing with Super Store model. 5 stores now, but by 2030, the Company plans to reach 50 stores and
$15B in sales (appx), further growing to 150 stores 2035. CVNA recorded
$15B in sales (2024FY) with an
$80B valuation. UXIN has a
$0.8B valuation. 4-acre Superstore model developed by Costco designer, Omni-channel sales, Industry leading NPS [65-70], 30D inventory turn, each new Superstore is EBITDA positive in 6mos, AI-driven sales model, diversification to insurance, maint/repair/service. 25-50X upside possible from this level (IMO) by 2030/35 with successful execution.
