KXIN (Kaixin Holdings) Scaled Net Operating Assets: 1.08 (As of Dec. 2025)


KXIN Kaixin Holdings KXIN
22 GF Score
Price $4.03
GF Value $0.55
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Kaixin Holdings Scaled Net Operating Assets?

Kaixin Holdings KXIN 22 Scaled Net Operating Assets is 1.08 as of Dec. 2025. GuruFocus rates KXIN with a GF Score™ of 22/100 and a GF Value™ of $0.55 (Significantly Overvalued). The stock has 5 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Kaixin Holdings's operating assets for the quarter that ended in Dec. 2025 was $32.16 Mil. Kaixin Holdings's operating liabilities for the quarter that ended in Dec. 2025 was $9.63 Mil. Kaixin Holdings's Total Assets for the quarter that ended in Jun. 2025 was $20.77 Mil. Therefore, Kaixin Holdings's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 1.08.

Kaixin Holdings Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Kaixin Holdings's Scaled Net Operating Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Kaixin Holdings Scaled Net Operating Assets Chart

Kaixin Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.62 0.51 0.90 0.18 0.91

Kaixin Holdings Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.92 0.74 0.18 0.43 1.09

KXIN vs AZI, JZXN, EICCF: Scaled Net Operating Assets Comparison

For the Auto & Truck Dealerships subindustry, Kaixin Holdings's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Kaixin Holdings Scaled Net Operating Assets vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Kaixin Holdings's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Kaixin Holdings's Scaled Net Operating Assets falls into.


KXIN
22GF Score
Kaixin Holdings KXIN
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Kaixin Holdings Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Kaixin Holdings's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(32.157-9.625)/24.645
=0.91

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=33.016 - 0.859
=32.157

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=11.087 - 0 - 1.462
=9.625

Kaixin Holdings's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2025 )
=(Operating Assets (Q: Dec. 2025 )-Operating Liabilities (Q: Dec. 2025 ))/Total Assets (Q: Jun. 2025 )
=(32.157-9.625)/20.774
=1.08

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=33.016 - 0.859
=32.157

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=11.087 - 0 - 1.462
=9.625

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Scaled Net Operating Assets of 1.08 mean?
Kaixin Holdings (KXIN) has a Scaled Net Operating Assets of 1.08 as of Dec. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Kaixin Holdings and its competitors.
Is Kaixin Holdings' Scaled Net Operating Assets too high?
Kaixin Holdings' current Scaled Net Operating Assets is 1.08. Overall, Kaixin Holdings has a GF Score™ of 22/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kaixin Holdings' Scaled Net Operating Assets compare to AZI and JZXN?
Kaixin Holdings' Scaled Net Operating Assets of 1.08 can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a Vehicles & Parts company?
A good Scaled Net Operating Assets depends on the Vehicles & Parts industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Kaixin Holdings and its competitors. Kaixin Holdings's current Scaled Net Operating Assets is 1.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kaixin Holdings stock overvalued right now?
Based on GuruFocus' analysis, Kaixin Holdings (KXIN) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.55, compared to a current price of $4.03 — trading 632.7% above its estimated fair value. The current Scaled Net Operating Assets is 1.08. Kaixin Holdings' overall GF Score™ is 22/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Kaixin Holdings (KXIN), the current Scaled Net Operating Assets is 1.08 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Kaixin Holdings (KXIN) Overvalued in 2026?

Based on GuruFocus' analysis, Kaixin Holdings stock appears to be overvalued. The current stock price of $4.03 is trading 632.7% above its estimated GF Value™ of $0.55. GuruFocus considers Kaixin Holdings to be Significantly Overvalued.

Key valuation signals for KXIN:

  • Scaled Net Operating Assets: 1.08
  • GF Value™: $0.55 vs. price of $4.03 (632.7% above fair value)
  • GF Score™: 22/100 with 5 warning signs

No single metric tells the full story. See the KXIN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Kaixin Holdings Business Description

Address 198 Qidi Road, Unit B2-303-137, Unit B2-303-137, Beigan Community, Xiaoshan District, Zhejiang Province, Hangzhou, CHN
Kaixin Holdings is an auto dealership company mainly engaged in the sale of domestic and imported automobiles in China. The company provides new and used car buyers in China with access to a wide selection of used vehicles across its network of dealerships, with a focus on premium brands such as Audi, BMW, Mercedes-Benz, Land Rover, and Porsche. The company generates revenue from automobile sales and related services.
22GF Score

Get the complete analysis for KXIN

Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$4.03
Price
$0.55
GF Value