v3.26.1
Consolidated Balance Sheets
¥ in Thousands, $ in Thousands
Dec. 31, 2025
USD ($)
Dec. 31, 2025
CNY (¥)
Dec. 31, 2024
CNY (¥)
Current assets      
Cash and cash equivalents $ 11,870 ¥ 83,006 ¥ 25,112
Restricted cash 10 71 767
Accounts receivable, net 660 4,613 4,150
Inventory, net 78,013 545,554 207,390
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 3,316 23,186 14,998
Prepaid expenses and other current assets 12,506 87,466 86,977
Total current assets 106,375 743,896 339,394
Non-current assets      
Property, equipment and software, net 12,219 85,447 71,420
Finance lease right-of-use assets, net 188,627 1,319,087 1,346,728
Operating lease right-of-use assets, net 38,656 270,325 194,388
Total non-current assets 239,502 1,674,859 1,612,536
Total assets 345,877 2,418,755 1,951,930
Current liabilities      
Accounts payable 9,296 65,009 81,584
Other payables and other current liabilities 41,661 291,338 306,391
Current portion of finance lease liabilities 26,818 187,541 183,852
Current portion of operating lease liabilities 5,125 35,842 14,563
Total current liabilities 139,693 976,891 762,006
Non-current liabilities      
Consideration payable to WeBank 27,237
Finance lease liabilities 154,627 1,081,322 1,141,118
Operating lease liabilities 35,088 245,373 180,920
Total non-current liabilities 191,145 1,336,695 1,403,188
Total liabilities 330,838 2,313,586 2,165,194
Mezzanine equity      
Redeemable non-controlling interests 54,462 380,857 154,977
Subscription receivable from non-controlling interests (6,406) (44,800)
Total Mezzanine equity 48,056 336,057 154,977
Shareholders’ deficit      
Ordinary shares (US$0.0001 par value, 8,280,000,000 and 190,100,000,000 shares authorized as of March 31, 2023 and 2024, respectively; 1,370,016,554 Class A ordinary shares and 56,340,671,538 Class A ordinary shares issued and outstanding as of March 31, 2023 and 2024, respectively; 40,809,861 Class B ordinary shares issued and outstanding as of March 31, 2023 and 2024) 6,567 45,922 39,816
Additional paid-in capital 2,769,913 19,370,282 19,007,948
Subscription receivable from shareholders (3,027) (21,165) (60,467)
Accumulated other comprehensive income 33,552 234,630 227,718
Accumulated deficit (2,840,022) (19,900,000) (19,583,017)
Total Uxin Limited shareholders’ deficit (33,017) (230,888) (368,002)
Non-controlling interests (239)
Total shareholders’ deficit (33,017) (230,888) (368,241)
Total liabilities, mezzanine equity and shareholders’ deficit 345,877 2,418,755 1,951,930
Third Parties [Member]      
Current liabilities      
Short-term borrowing 56,793 397,161 174,616
Non-current liabilities      
Long-term borrowing 1,430 10,000
Related Party [Member]      
Current liabilities      
Short-term borrowing 1,000
Non-current liabilities      
Long-term borrowing ¥ 53,913