GRAPHIC-Resiliency test: How well can Chinese firms cope financially from a virus hit? [Reuters]
Uxin Limited - American Depositary Shares (UXIN)
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Source: Reuters
GRAPHIC-Resiliency test: How well can Chinese firms cope financially from a virus hit? March 4 (Reuters) - As companies in China gradually restart business following the extended Lunar New Year break, investors are fretting over the financial impact of the coronavirus outbreak that has squeezed cash flow and hammered revenues in many sectors. The flu-like epidemic has killed nearly 3,000 people and infected more than 80,000 across the country. Reuters analyzed balance sheets of nearly 4,000 listed Chinese companies to see how well they are financially prepared to cope with the impact. A look at days of cash on hand, which estimates how long a business can run daily operations without additional revenue, showed that the airline industry is most vulnerable with just 48 days of cash on hand as of end-September, down from 72 days a year earlier. Carriers faced immense pressure in the first quarter as the outbreak escalated, as many airlines were forced to cancel thousands of flights and p
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News
- Uxin Announces Strategic Partnership with CATL's Subsidiary to Develop Battery Swapping Ecosystem for Used Cars [Yahoo! Finance]Yahoo! Finance
- Uxin Announces Strategic Partnership with CATL's Subsidiary to Develop Battery Swapping Ecosystem for Used CarsPR Newswire
- Uxin Second Quarter 2025 Earnings: CN¥0.32 loss per share (vs CN¥70.56 loss in 2Q 2024) [Yahoo! Finance]Yahoo! Finance
- Uxin Reports Unaudited Financial Results for the Quarter Ended September 30, 2024 [Yahoo! Finance]Yahoo! Finance
- Uxin Announces Change of Fiscal Year End [Yahoo! Finance]Yahoo! Finance
UXIN
Sec Filings
- 11/25/24 - Form 6-K
- 11/6/24 - Form SC
- 11/4/24 - Form 6-K
- UXIN's page on the SEC website