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Joeyloh

Lost alot on $Tigr, hope to regain what i’ve lost

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- JoeylohJoeyloh
  ·06-19
  Lost close to SGD 100k investing in $Tigr
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- JoeylohJoeyloh
  ·06-14
  I held Tiger from a few years back and is sitting on 60-70% losses but im still holding on.
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- JoeylohJoeyloh
  ·05-18
  Expectations too high
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- JoeylohJoeyloh
  ·2023-04-12
  Dead company, Q1 23 volume is gonna be lower then Q4 22. Management dillusional
  Press Release: Uxin Reports Unaudited Third Quarter of Fiscal Year 2023 Financial Results
  fair value change to be charged into the profit and loss. The second closing in the amount of US
  Press Release: Uxin Reports Unaudited Third Quarter of Fiscal Year 2023 Financial Results
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- JoeylohJoeyloh
  ·2023-04-05
  Disney Disney Huat Huat
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- JoeylohJoeyloh
  ·2022-12-20
  Tiger huat ah
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- JoeylohJoeyloh
  ·2022-12-15
  Huat ah
  144 Comment
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- JoeylohJoeyloh
  ·2022-12-14
  Huat bigbig
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- JoeylohJoeyloh
  ·2022-12-12
  Good job
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- JoeylohJoeyloh
  ·2022-12-10
  Brazil out
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close to SGD 100k investing in $Tigr","listText":"Lost close to SGD 100k investing in $Tigr","text":"Lost close to SGD 100k investing in $Tigr","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/318575025332448","isVote":1,"tweetType":1,"viewCount":111,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":316511260061992,"gmtCreate":1718300992807,"gmtModify":1718300996710,"author":{"id":"3553944380434641","authorId":"3553944380434641","name":"Joeyloh","avatar":"https://community-static.tradeup.com/news/cc9ef8ba79fd4db45b06b0344f967b60","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3553944380434641","authorIdStr":"3553944380434641"},"themes":[],"htmlText":"I held Tiger from a few years back and is sitting on 60-70% losses but im still holding on.","listText":"I held Tiger from a few years back and is sitting on 60-70% losses but im still holding on.","text":"I held Tiger from a few years back and is sitting on 60-70% losses but im still holding on.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/316511260061992","isVote":1,"tweetType":1,"viewCount":44,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":306908854632512,"gmtCreate":1715964172442,"gmtModify":1715964176466,"author":{"id":"3553944380434641","authorId":"3553944380434641","name":"Joeyloh","avatar":"https://community-static.tradeup.com/news/cc9ef8ba79fd4db45b06b0344f967b60","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3553944380434641","authorIdStr":"3553944380434641"},"themes":[],"htmlText":"Expectations too high","listText":"Expectations too high","text":"Expectations too high","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/306908854632512","isVote":1,"tweetType":1,"viewCount":215,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9942270873,"gmtCreate":1681238164793,"gmtModify":1681238167998,"author":{"id":"3553944380434641","authorId":"3553944380434641","name":"Joeyloh","avatar":"https://community-static.tradeup.com/news/cc9ef8ba79fd4db45b06b0344f967b60","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3553944380434641","authorIdStr":"3553944380434641"},"themes":[],"htmlText":"Dead company,&nbsp;Q1 23 volume is gonna be lower then Q4 22. Management dillusional","listText":"Dead company,&nbsp;Q1 23 volume is gonna be lower then Q4 22. Management dillusional","text":"Dead company, Q1 23 volume is gonna be lower then Q4 22. Management dillusional","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9942270873","repostId":"2326660552","repostType":2,"repost":{"id":"2326660552","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1681201200,"share":"https://ttm.financial/m/news/2326660552?lang=&edition=fundamental","pubTime":"2023-04-11 16:20","market":"us","language":"en","title":"Press Release: Uxin Reports Unaudited Third Quarter of Fiscal Year 2023 Financial Results","url":"https://stock-news.laohu8.com/highlight/detail?id=2326660552","media":"Dow Jones","summary":"fair value change to be charged into the profit and \n loss. \n The second closing in the amount of US","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n fair value change to be charged into the profit and \n loss. \n The second closing in the amount of US$50 million \n is expected to be received subject to customary closing \n conditions, out of which US$27.5 million, US$10 million \n and US$7.5 million were received in November 2021, \n March and June 2022, respectively. For the remaining \n US$5 million, on July 27, 2022, NIO Capital assigned \n its rights and obligations to an independent third \n party, from whom we received this remaining US$5 million. \n The corresponding fair value was transferred from \n forward contract liabilities to mezzanine equity on \n the same day. \n (ii) In June 2021, we entered into a supplemental \n agreement with affiliates of 58.com, Warburg Pincus, \n TPG and certain other investors who held a total of \n US$230.0 million convertible notes (\"2024 Notes\"). \n Pursuant to the supplemental agreement, 30% of the \n outstanding 2024 Notes principal amount will be converted \n into a total of 66,990,291 Class A ordinary shares \n at a price of US$1.03 per Class A ordinary share upon \n the first closing. On July 12, 2021, aforementioned \n conversion was completed and related Class A ordinary \n shares were issued. Remaining principal amount will \n be repaid by instalments by us from July 2021 to June \n 2024 and recorded as current portion of long-term \n debt and long-term debt. Besides, interest term was \n modified and 2024 Notes bear no interest from the \n original issuance date. \n On July 18 and August 29, 2022, the Company issued \n 183,495,146 and 36,699,029 Class A ordinary shares \n with par value of US$0.0001 per share to 58.com and \n ClearVue Uxin Holdings, Ltd. (\"ClearVue\") in exchange \n for the full release of the Company's obligations \n under the 2024 Notes issued to 58.com and ClearVue \n on June 10, 2019. These shares were issued at a price \n equivalent to US$1.03 per ADS. \n In connection with the foregoing transaction, we and \n 58.com have mutually released the other party from \n claims arising out of certain obligations under certain \n historical transactions, primarily including 2B unreceived \n disposal consideration and accrued advertising expenses. \n The related impact of RMB2.8 million to our second \n quarter result was recognized in \"losses from extinguishment \n of debt\". \n (iii) Pursuant to contractual payment schedule contained \n in the supplemental agreements signed with one of \n our suppliers, in order to settle all payables due \n to this supplier, a total of RMB56.1 million will \n be waived after full payment is made by us as long \n as we make payments on schedule. As of December 31, \n 2022, a total of RMB96.1 million was recorded. Currently, \n we made the payments on schedule. \n (iv) On July 23, 2020, we entered into a supplemental \n agreement with WeBank to settle our remaining guarantee \n liabilities associated with the historically-facilitated \n loans for WeBank. Pursuant to the supplemental agreement, \n we will pay an aggregate amount of RMB372 million \n to WeBank from 2020 to 2025 as guarantee settlement \n with a maximum annual settlement amount of no more \n than RMB84 million. Upon the signing of the supplemental \n agreement, we are also no longer subject to guarantee \n obligations in relation to our historically-facilitated \n loans for WeBank under the condition that we make \n the instalment payments based on the agreed-upon schedule \n set forth in the supplemental agreement. \n \n \n* Share-based compensation charges included \nare as follows: \n \n                 For the three months ended      For the nine months \n                        December 31,             ended December 31, \n                 ---------------------------  ------------------------ \n                  2021           2022          2021         2022 \n                 -------  ------------------  ------  ---------------- \n                   RMB     RMB       US$       RMB      RMB      US$ \nSales and \n marketing             -     318          46       -    1,108      161 \nGeneral and \n administrative    4,282  10,306       1,494  13,166   34,258    4,967 \nResearch and \n development           -     348          50       -    1,235      179 \n \n \n \n \n                                                     Uxin Limited \n                                Unaudited Reconciliations of GAAP And Non-GAAP Results \n                                  (In thousands except for number of shares and per \n                                                      share data) \n \n                      For the three months ended December 31,           For the nine months ended December 31, \n                   ----------------------------------------------  ------------------------------------------------ \n                       2021                    2022                    2021                    2022 \n                   -------------   -----------------------------   -------------   ----------------------------- \n                        RMB             RMB             US$             RMB             RMB              US$ \nLoss from \n operations              (72,832)        (96,536)        (13,998)       (169,442)       (299,522)        (43,427) \nAdd: Share-based \n compensation \n expenses                  4,282          10,972           1,590          13,166          36,601           5,307 \n  - Sales and \n   marketing                   -             318              46               -           1,108             161 \n  - General and \n   administrative          4,282          10,306           1,494          13,166          34,258           4,967 \n  - Research and \n   development                 -             348              50               -           1,235             179 \n                   -------------   -------------   -------------   -------------   -------------   ------------- \n \nNon-GAAP adjusted \n loss from \n operations              (68,550)        (85,564)        (12,408)       (156,276)       (262,921)        (38,120) \n                   =============   =============   =============   =============   =============   ============= \n \n                       For the three months ended December 31,          For the nine months ended December 31, \n                   ----------------------------------------------  ------------------------------------------------ \n                            2021               2022                         2021               2022 \n                   -------------   -----------------------------   -------------   ----------------------------- \n                        RMB             RMB             US$             RMB             RMB              US$ \nNet income/(loss) \n from operations       1,279,742        (100,840)        (14,622)       (504,044)        (57,373)         (8,319) \n \nAdd: Share-based \n compensation \n expenses                  4,282          10,972           1,590          13,166          36,601           5,307 \n  - Sales and \n   marketing                   -             318              46               -           1,108             161 \n  - General and \n   administrative          4,282          10,306           1,494          13,166          34,258           4,967 \n  - Research and \n   development                 -             348              50               -           1,235             179 \nFair value impact \n of the issuance \n of senior \n convertible \n preferred \n shares               (1,364,348)         (1,495)           (217)        290,601        (242,226)        (35,119) \n                   -------------   -------------   -------------   -------------   -------------   ------------- \n \n \nNon-GAAP adjusted \n net loss from \n operations              (80,324)        (91,363)        (13,249)       (200,277)       (262,998)        (38,131) \n                   =============   =============   =============   =============   =============   ============= \n \nNet income/(loss) \n from operations \n per share -- \n basic                      1.08           (0.03)              -           (0.43)          (0.02)              - \nNet loss from \n operations per \n share -- \n diluted                   (0.06)          (0.03)              -           (1.94)          (0.02)              - \nNon-GAAP adjusted \n net loss from \n operations per \n share -- basic            (0.07)          (0.06)          (0.01)          (0.17)          (0.21)          (0.03) \nNon-GAAP adjusted \n net loss from \n operations per \n share -- \n diluted                   (0.07)          (0.06)          (0.01)          (0.17)          (0.21)          (0.03) \nWeighted average \n shares \n outstanding -- \n basic             1,188,344,202   1,415,417,989   1,415,417,989   1,161,855,136   1,273,202,916   1,273,202,916 \nWeighted average \n shares \n outstanding -- \n diluted           1,497,381,204   1,415,417,989   1,415,417,989   1,391,609,921   1,273,202,916   1,273,202,916 \n \nNote: The conversion of Renminbi (RMB) into U.S. dollars \n <a href=\"https://laohu8.com/S/USD\">$(USD)$</a> is based on the certified exchange rate of USD1.00 \n = RMB6.8972 as of December 30, 2022 set forth in the \n H.10 statistical release of the Board of Governors \n of the Federal Reserve System. \n \n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 11, 2023 04:20 ET (08:20 GMT)\n</p>\n</font>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Press Release: Uxin Reports Unaudited Third Quarter of Fiscal Year 2023 Financial Results</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPress Release: Uxin Reports Unaudited Third Quarter of Fiscal Year 2023 Financial Results\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2023-04-11 16:20</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n fair value change to be charged into the profit and \n loss. \n The second closing in the amount of US$50 million \n is expected to be received subject to customary closing \n conditions, out of which US$27.5 million, US$10 million \n and US$7.5 million were received in November 2021, \n March and June 2022, respectively. For the remaining \n US$5 million, on July 27, 2022, NIO Capital assigned \n its rights and obligations to an independent third \n party, from whom we received this remaining US$5 million. \n The corresponding fair value was transferred from \n forward contract liabilities to mezzanine equity on \n the same day. \n (ii) In June 2021, we entered into a supplemental \n agreement with affiliates of 58.com, Warburg Pincus, \n TPG and certain other investors who held a total of \n US$230.0 million convertible notes (\"2024 Notes\"). \n Pursuant to the supplemental agreement, 30% of the \n outstanding 2024 Notes principal amount will be converted \n into a total of 66,990,291 Class A ordinary shares \n at a price of US$1.03 per Class A ordinary share upon \n the first closing. On July 12, 2021, aforementioned \n conversion was completed and related Class A ordinary \n shares were issued. Remaining principal amount will \n be repaid by instalments by us from July 2021 to June \n 2024 and recorded as current portion of long-term \n debt and long-term debt. Besides, interest term was \n modified and 2024 Notes bear no interest from the \n original issuance date. \n On July 18 and August 29, 2022, the Company issued \n 183,495,146 and 36,699,029 Class A ordinary shares \n with par value of US$0.0001 per share to 58.com and \n ClearVue Uxin Holdings, Ltd. (\"ClearVue\") in exchange \n for the full release of the Company's obligations \n under the 2024 Notes issued to 58.com and ClearVue \n on June 10, 2019. These shares were issued at a price \n equivalent to US$1.03 per ADS. \n In connection with the foregoing transaction, we and \n 58.com have mutually released the other party from \n claims arising out of certain obligations under certain \n historical transactions, primarily including 2B unreceived \n disposal consideration and accrued advertising expenses. \n The related impact of RMB2.8 million to our second \n quarter result was recognized in \"losses from extinguishment \n of debt\". \n (iii) Pursuant to contractual payment schedule contained \n in the supplemental agreements signed with one of \n our suppliers, in order to settle all payables due \n to this supplier, a total of RMB56.1 million will \n be waived after full payment is made by us as long \n as we make payments on schedule. As of December 31, \n 2022, a total of RMB96.1 million was recorded. Currently, \n we made the payments on schedule. \n (iv) On July 23, 2020, we entered into a supplemental \n agreement with WeBank to settle our remaining guarantee \n liabilities associated with the historically-facilitated \n loans for WeBank. Pursuant to the supplemental agreement, \n we will pay an aggregate amount of RMB372 million \n to WeBank from 2020 to 2025 as guarantee settlement \n with a maximum annual settlement amount of no more \n than RMB84 million. Upon the signing of the supplemental \n agreement, we are also no longer subject to guarantee \n obligations in relation to our historically-facilitated \n loans for WeBank under the condition that we make \n the instalment payments based on the agreed-upon schedule \n set forth in the supplemental agreement. \n \n \n* Share-based compensation charges included \nare as follows: \n \n                 For the three months ended      For the nine months \n                        December 31,             ended December 31, \n                 ---------------------------  ------------------------ \n                  2021           2022          2021         2022 \n                 -------  ------------------  ------  ---------------- \n                   RMB     RMB       US$       RMB      RMB      US$ \nSales and \n marketing             -     318          46       -    1,108      161 \nGeneral and \n administrative    4,282  10,306       1,494  13,166   34,258    4,967 \nResearch and \n development           -     348          50       -    1,235      179 \n \n \n \n \n                                                     Uxin Limited \n                                Unaudited Reconciliations of GAAP And Non-GAAP Results \n                                  (In thousands except for number of shares and per \n                                                      share data) \n \n                      For the three months ended December 31,           For the nine months ended December 31, \n                   ----------------------------------------------  ------------------------------------------------ \n                       2021                    2022                    2021                    2022 \n                   -------------   -----------------------------   -------------   ----------------------------- \n                        RMB             RMB             US$             RMB             RMB              US$ \nLoss from \n operations              (72,832)        (96,536)        (13,998)       (169,442)       (299,522)        (43,427) \nAdd: Share-based \n compensation \n expenses                  4,282          10,972           1,590          13,166          36,601           5,307 \n  - Sales and \n   marketing                   -             318              46               -           1,108             161 \n  - General and \n   administrative          4,282          10,306           1,494          13,166          34,258           4,967 \n  - Research and \n   development                 -             348              50               -           1,235             179 \n                   -------------   -------------   -------------   -------------   -------------   ------------- \n \nNon-GAAP adjusted \n loss from \n operations              (68,550)        (85,564)        (12,408)       (156,276)       (262,921)        (38,120) \n                   =============   =============   =============   =============   =============   ============= \n \n                       For the three months ended December 31,          For the nine months ended December 31, \n                   ----------------------------------------------  ------------------------------------------------ \n                            2021               2022                         2021               2022 \n                   -------------   -----------------------------   -------------   ----------------------------- \n                        RMB             RMB             US$             RMB             RMB              US$ \nNet income/(loss) \n from operations       1,279,742        (100,840)        (14,622)       (504,044)        (57,373)         (8,319) \n \nAdd: Share-based \n compensation \n expenses                  4,282          10,972           1,590          13,166          36,601           5,307 \n  - Sales and \n   marketing                   -             318              46               -           1,108             161 \n  - General and \n   administrative          4,282          10,306           1,494          13,166          34,258           4,967 \n  - Research and \n   development                 -             348              50               -           1,235             179 \nFair value impact \n of the issuance \n of senior \n convertible \n preferred \n shares               (1,364,348)         (1,495)           (217)        290,601        (242,226)        (35,119) \n                   -------------   -------------   -------------   -------------   -------------   ------------- \n \n \nNon-GAAP adjusted \n net loss from \n operations              (80,324)        (91,363)        (13,249)       (200,277)       (262,998)        (38,131) \n                   =============   =============   =============   =============   =============   ============= \n \nNet income/(loss) \n from operations \n per share -- \n basic                      1.08           (0.03)              -           (0.43)          (0.02)              - \nNet loss from \n operations per \n share -- \n diluted                   (0.06)          (0.03)              -           (1.94)          (0.02)              - \nNon-GAAP adjusted \n net loss from \n operations per \n share -- basic            (0.07)          (0.06)          (0.01)          (0.17)          (0.21)          (0.03) \nNon-GAAP adjusted \n net loss from \n operations per \n share -- \n diluted                   (0.07)          (0.06)          (0.01)          (0.17)          (0.21)          (0.03) \nWeighted average \n shares \n outstanding -- \n basic             1,188,344,202   1,415,417,989   1,415,417,989   1,161,855,136   1,273,202,916   1,273,202,916 \nWeighted average \n shares \n outstanding -- \n diluted           1,497,381,204   1,415,417,989   1,415,417,989   1,391,609,921   1,273,202,916   1,273,202,916 \n \nNote: The conversion of Renminbi (RMB) into U.S. dollars \n <a href=\"https://laohu8.com/S/USD\">$(USD)$</a> is based on the certified exchange rate of USD1.00 \n = RMB6.8972 as of December 30, 2022 set forth in the \n H.10 statistical release of the Board of Governors \n of the Federal Reserve System. \n \n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 11, 2023 04:20 ET (08:20 GMT)\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4214":"汽车零售","UXIN":"优信","BK4122":"互联网与直销零售","BK4563":"昨日强势股","BK4505":"高瓴资本持仓"},"source_url":"http://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2326660552","content_text":"fair value change to be charged into the profit and \n loss. \n The second closing in the amount of US$50 million \n is expected to be received subject to customary closing \n conditions, out of which US$27.5 million, US$10 million \n and US$7.5 million were received in November 2021, \n March and June 2022, respectively. For the remaining \n US$5 million, on July 27, 2022, NIO Capital assigned \n its rights and obligations to an independent third \n party, from whom we received this remaining US$5 million. \n The corresponding fair value was transferred from \n forward contract liabilities to mezzanine equity on \n the same day. \n (ii) In June 2021, we entered into a supplemental \n agreement with affiliates of 58.com, Warburg Pincus, \n TPG and certain other investors who held a total of \n US$230.0 million convertible notes (\"2024 Notes\"). \n Pursuant to the supplemental agreement, 30% of the \n outstanding 2024 Notes principal amount will be converted \n into a total of 66,990,291 Class A ordinary shares \n at a price of US$1.03 per Class A ordinary share upon \n the first closing. On July 12, 2021, aforementioned \n conversion was completed and related Class A ordinary \n shares were issued. Remaining principal amount will \n be repaid by instalments by us from July 2021 to June \n 2024 and recorded as current portion of long-term \n debt and long-term debt. Besides, interest term was \n modified and 2024 Notes bear no interest from the \n original issuance date. \n On July 18 and August 29, 2022, the Company issued \n 183,495,146 and 36,699,029 Class A ordinary shares \n with par value of US$0.0001 per share to 58.com and \n ClearVue Uxin Holdings, Ltd. (\"ClearVue\") in exchange \n for the full release of the Company's obligations \n under the 2024 Notes issued to 58.com and ClearVue \n on June 10, 2019. These shares were issued at a price \n equivalent to US$1.03 per ADS. \n In connection with the foregoing transaction, we and \n 58.com have mutually released the other party from \n claims arising out of certain obligations under certain \n historical transactions, primarily including 2B unreceived \n disposal consideration and accrued advertising expenses. \n The related impact of RMB2.8 million to our second \n quarter result was recognized in \"losses from extinguishment \n of debt\". \n (iii) Pursuant to contractual payment schedule contained \n in the supplemental agreements signed with one of \n our suppliers, in order to settle all payables due \n to this supplier, a total of RMB56.1 million will \n be waived after full payment is made by us as long \n as we make payments on schedule. As of December 31, \n 2022, a total of RMB96.1 million was recorded. Currently, \n we made the payments on schedule. \n (iv) On July 23, 2020, we entered into a supplemental \n agreement with WeBank to settle our remaining guarantee \n liabilities associated with the historically-facilitated \n loans for WeBank. Pursuant to the supplemental agreement, \n we will pay an aggregate amount of RMB372 million \n to WeBank from 2020 to 2025 as guarantee settlement \n with a maximum annual settlement amount of no more \n than RMB84 million. Upon the signing of the supplemental \n agreement, we are also no longer subject to guarantee \n obligations in relation to our historically-facilitated \n loans for WeBank under the condition that we make \n the instalment payments based on the agreed-upon schedule \n set forth in the supplemental agreement. \n \n \n* Share-based compensation charges included \nare as follows: \n \n                 For the three months ended      For the nine months \n                        December 31,             ended December 31, \n                 ---------------------------  ------------------------ \n                  2021           2022          2021         2022 \n                 -------  ------------------  ------  ---------------- \n                   RMB     RMB       US$       RMB      RMB      US$ \nSales and \n marketing             -     318          46       -    1,108      161 \nGeneral and \n administrative    4,282  10,306       1,494  13,166   34,258    4,967 \nResearch and \n development           -     348          50       -    1,235      179 \n \n \n \n \n                                                     Uxin Limited \n                                Unaudited Reconciliations of GAAP And Non-GAAP Results \n                                  (In thousands except for number of shares and per \n                                                      share data) \n \n                      For the three months ended December 31,           For the nine months ended December 31, \n                   ----------------------------------------------  ------------------------------------------------ \n                       2021                    2022                    2021                    2022 \n                   -------------   -----------------------------   -------------   ----------------------------- \n                        RMB             RMB             US$             RMB             RMB              US$ \nLoss from \n operations              (72,832)        (96,536)        (13,998)       (169,442)       (299,522)        (43,427) \nAdd: Share-based \n compensation \n expenses                  4,282          10,972           1,590          13,166          36,601           5,307 \n  - Sales and \n   marketing                   -             318              46               -           1,108             161 \n  - General and \n   administrative          4,282          10,306           1,494          13,166          34,258           4,967 \n  - Research and \n   development                 -             348              50               -           1,235             179 \n                   -------------   -------------   -------------   -------------   -------------   ------------- \n \nNon-GAAP adjusted \n loss from \n operations              (68,550)        (85,564)        (12,408)       (156,276)       (262,921)        (38,120) \n                   =============   =============   =============   =============   =============   ============= \n \n                       For the three months ended December 31,          For the nine months ended December 31, \n                   ----------------------------------------------  ------------------------------------------------ \n                            2021               2022                         2021               2022 \n                   -------------   -----------------------------   -------------   ----------------------------- \n                        RMB             RMB             US$             RMB             RMB              US$ \nNet income/(loss) \n from operations       1,279,742        (100,840)        (14,622)       (504,044)        (57,373)         (8,319) \n \nAdd: Share-based \n compensation \n expenses                  4,282          10,972           1,590          13,166          36,601           5,307 \n  - Sales and \n   marketing                   -             318              46               -           1,108             161 \n  - General and \n   administrative          4,282          10,306           1,494          13,166          34,258           4,967 \n  - Research and \n   development                 -             348              50               -           1,235             179 \nFair value impact \n of the issuance \n of senior \n convertible \n preferred \n shares               (1,364,348)         (1,495)           (217)        290,601        (242,226)        (35,119) \n                   -------------   -------------   -------------   -------------   -------------   ------------- \n \n \nNon-GAAP adjusted \n net loss from \n operations              (80,324)        (91,363)        (13,249)       (200,277)       (262,998)        (38,131) \n                   =============   =============   =============   =============   =============   ============= \n \nNet income/(loss) \n from operations \n per share -- \n basic                      1.08           (0.03)              -           (0.43)          (0.02)              - \nNet loss from \n operations per \n share -- \n diluted                   (0.06)          (0.03)              -           (1.94)          (0.02)              - \nNon-GAAP adjusted \n net loss from \n operations per \n share -- basic            (0.07)          (0.06)          (0.01)          (0.17)          (0.21)          (0.03) \nNon-GAAP adjusted \n net loss from \n operations per \n share -- \n diluted                   (0.07)          (0.06)          (0.01)          (0.17)          (0.21)          (0.03) \nWeighted average \n shares \n outstanding -- \n basic             1,188,344,202   1,415,417,989   1,415,417,989   1,161,855,136   1,273,202,916   1,273,202,916 \nWeighted average \n shares \n outstanding -- \n diluted           1,497,381,204   1,415,417,989   1,415,417,989   1,391,609,921   1,273,202,916   1,273,202,916 \n \nNote: The conversion of Renminbi (RMB) into U.S. dollars \n $(USD)$ is based on the certified exchange rate of USD1.00 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