RERE - ATRenew Inc.
Price:
--
--
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CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$5.50
DETAILS
HIGH:
$5.50
LOW:
$5.50
MEDIAN:
$5.50
CONSENSUS:
$5.50
UPSIDE:
32.21%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||
| Revenue | 20,474.8 | 16,328.4 | 12,965.8 | 9,869.4 | 7,780.3 | 4,858.2 | 3,931.9 | 3,261.5 |
| Cost of Revenue | 17,958.7 | 13,086.4 | 10,338.9 | 7,596.6 | 5,735.4 | 3,610.4 | 3,176.4 | 2,801.4 |
| Gross Profit | 2,516.1 | 3,242.0 | 2,626.9 | 2,272.8 | 2,044.9 | 1,247.8 | 755.5 | 460.1 |
| Operating Expenses | ||||||||
| R&D Expenses | 237.3 | 210.4 | 195.7 | 227.8 | 264.6 | 151.5 | 142.9 | 65.8 |
| SG&A Expenses | 1,928.7 | 1,673.8 | 1,516.8 | 1,766.5 | 1,640.3 | 918.1 | 1,365.8 | 672.5 |
| Other Expenses | (52.5) | 1,328.8 | 1,087.7 | 2,902.2 | 1,035.1 | 636.9 | (21.4) | (21.7) |
| Operating Expenses | 2,113.4 | 3,213.0 | 2,800.2 | 4,896.5 | 2,940.0 | 1,706.5 | 1,487.3 | 716.5 |
| Operating Income | ||||||||
| Operating Income | 402.7 | 29.0 | (173.3) | (2,623.7) | (895.1) | (458.8) | (731.8) | (256.5) |
| Interest Expense | 5.9 | 15.0 | 7.1 | 6.2 | 16.8 | 21.1 | 12.4 | 6.5 |
| Interest Income | 19.9 | 26.9 | 37.9 | 17.8 | 8.4 | 9.3 | 7.8 | 8.3 |
| Profitability | ||||||||
| EBITDA | 515.8 | 362.7 | 192.4 | (2,161.7) | (521.3) | (128.5) | (485.7) | (188.5) |
| EBIT | 402.7 | 29.0 | (141.3) | (2,567.1) | (895.1) | (489.3) | (720.4) | (202.8) |
| Income Before Tax | 382.3 | (65.1) | (198.8) | (2,579.7) | (960.4) | (517.9) | (735.0) | (209.4) |
| Income Tax Expense | 55.2 | (56.9) | (42.5) | (111.8) | (143.9) | (47.3) | (30.1) | (1.9) |
| Net Income | 327.1 | (8.2) | (156.2) | (2,467.9) | (816.5) | (470.6) | (704.9) | (207.9) |
| Per Share Data | ||||||||
| EPS (Basic) | 0.91 | -0.03 | -0.64 | -10.11 | -9.17 | -63.01 | -56.18 | -37.32 |
| EPS (Diluted) | 0.89 | -0.03 | -0.64 | -10.11 | -9.17 | -63.01 | -56.18 | -37.32 |
| Shares Outstanding | 363.0 | 242.4 | 243.2 | 244.2 | 89.0 | 7.5 | 12.5 | 5.6 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||
| Cash & Cash Equivalents | 1,538.9 | 1,970.2 | 1,978.7 | 1,703.6 | 1,356.3 | 918.1 | 410.8 | 665.6 |
| Short-Term Investments | 267.8 | 643.6 | 452.0 | 818.0 | 537.3 | 115.4 | 142.4 | 7.6 |
| Net Receivables | 796.6 | 43.3 | 40.8 | 148.3 | 16.3 | 12.3 | 1.4 | 6.2 |
| Inventory | 1,074.8 | 535.1 | 1,017.2 | 433.5 | 478.8 | 177.0 | 65.6 | 75.2 |
| Other Current Assets | 1,066.2 | 977.2 | 1,038.1 | 786.8 | 1,762.1 | 651.8 | 474.8 | 304.9 |
| Total Current Assets | 4,744.3 | 4,169.4 | 4,526.7 | 3,890.2 | 4,150.8 | 1,874.6 | 1,094.9 | 1,059.5 |
| Non-Current Assets | ||||||||
| Property, Plant & Equipment | 239.5 | 284.4 | 204.2 | 118.6 | 173.5 | 69.6 | 99.2 | 67.5 |
| Goodwill | 0 | 0 | 0 | 0 | 1,803.4 | 1,803.4 | 1,803.4 | 0 |
| Intangible Assets | 10.7 | 56.6 | 270.6 | 544.6 | 1,075.8 | 1,367.8 | 1,683.0 | 19.0 |
| Long-Term Investments | 485.7 | 556.1 | 467.1 | 219.6 | 241.5 | 96.4 | 89.3 | 71.2 |
| Other Non-Current Assets | 489.5 | 24.3 | 24.5 | 275.7 | 57.7 | 14.5 | 15.6 | 13.2 |
| Total Non-Current Assets | 1,225.4 | 921.4 | 966.4 | 1,158.6 | 3,351.9 | 3,351.7 | 3,690.5 | 170.9 |
| Total Assets | 5,969.7 | 5,090.7 | 5,493.1 | 5,048.8 | 7,502.8 | 5,226.3 | 4,785.4 | 1,230.5 |
| Current Liabilities | ||||||||
| Account Payables | 335.8 | 171.4 | 532.3 | 73.3 | 41.3 | 27.2 | 35.7 | 42.7 |
| Short-Term Debt | 323.1 | 225 | 349.9 | 124.0 | 95.0 | 563.1 | 361.6 | 333.7 |
| Deferred Revenue | 231.9 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 823.5 | 681.0 | 629.4 | 646.0 | 546.6 | 477.9 | 241.9 | 157.4 |
| Total Current Liabilities | 1,904.4 | 1,307.0 | 1,691.5 | 1,022.2 | 824.7 | 1,183.5 | 755.1 | 590.7 |
| Non-Current Liabilities | ||||||||
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 32.6 | 0 | 0 |
| Deferred Tax Liabilities | 2.4 | 0 | 0 | 0 | 0 | 342.0 | 0 | 0 |
| Other Non-Current Liabilities | 0.0 | 9.2 | 67.7 | 111.3 | 223.1 | 8,879.9 | 389.3 | 3.5 |
| Total Non-Current Liabilities | 72.4 | 89.2 | 90.2 | 144.8 | 257.6 | 9,254.5 | 7,469.4 | 2,495.5 |
| Total Liabilities | 1,976.8 | 1,396.2 | 1,781.6 | 1,167.1 | 1,082.3 | 10,438.0 | 8,224.5 | 3,086.2 |
| Stockholders' Equity | ||||||||
| Common Stock | 0 | 1.0 | 0.9 | 0.9 | 0.9 | 0.0 | 0.0 | 0.0 |
| Retained Earnings | 3,992.9 | (9,171.4) | (9,163.1) | (9,006.9) | (6,538.9) | (5,202.3) | (3,438.7) | (1,855.8) |
| Accumulated Other Comprehensive Income | 0 | (9.5) | (16.8) | (25.7) | 4.3 | 2.1 | (0.4) | 0.0 |
| Total Stockholders' Equity | 3,992.9 | 3,694.6 | 3,711.5 | 3,881.7 | 6,420.5 | (5,200.2) | (3,439.0) | (1,855.7) |
| Total Liabilities & Equity | 5,969.7 | 5,090.7 | 5,493.1 | 5,048.8 | 7,502.8 | 5,226.3 | 4,785.4 | 1,230.5 |
| Debt Metrics | ||||||||
| Total Debt | 393.1 | 354.9 | 405.9 | 203.9 | 165.4 | 595.7 | 361.6 | 333.7 |
| Net Debt | (1,145.8) | (1,615.3) | (1,572.8) | (1,499.7) | (1,190.9) | (322.4) | (49.2) | (331.9) |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | 336.3 | (8.2) | (156.2) | (2,467.9) | (816.5) | (470.6) | (704.9) | (207.9) |
| Depreciation & Amortization | 116.3 | 267.1 | 333.7 | 405.4 | 373.7 | 360.8 | 234.7 | 38.1 |
| Stock-Based Compensation | 52.9 | 166.7 | 134.4 | 174.2 | 454.6 | 0 | 0 | 0 |
| Change in Working Capital | (1,069.2) | 32.7 | (256.1) | 595.4 | (1,126.6) | (370.6) | 45.3 | (141.8) |
| Other Non-Cash Items | 160.4 | 184.5 | 188.1 | 2,286.0 | 40.2 | 67.6 | 14.2 | (46.4) |
| Operating Cash Flow | (403.3) | 642.8 | 243.9 | 881.3 | (1,018.0) | (412.9) | (410.8) | (358.0) |
| Investing Activities | ||||||||
| Capital Expenditure | (140.3) | (59.9) | (85.2) | (61.5) | (73.9) | (37.8) | (103.3) | (64.3) |
| Acquisitions | 5.6 | 0 | 1.2 | 29.9 | 2.9 | (20) | (5.8) | (52.3) |
| Purchases of Investments | (753.7) | 0 | (542.7) | (878.1) | (1,002.7) | (99.8) | (143.2) | 1.7 |
| Sales/Maturities of Investments | 754.1 | 0 | 792.2 | 394.5 | 373.7 | 125.6 | 8.6 | 19.0 |
| Other Investing Activities | 1.9 | (424.4) | 6.5 | (1.5) | 29.6 | 50.7 | (60.6) | (13.4) |
| Investing Cash Flow | (132.4) | (424.4) | 172.0 | (516.7) | (670.4) | 18.6 | (304.3) | (109.3) |
| Financing Activities | ||||||||
| Net Debt Issuance | 95.2 | (124.9) | 225.9 | 29.0 | (307.3) | 234.0 | (12.0) | 0 |
| Stock Repurchased | (89.8) | (184.3) | (160.1) | (217.9) | 0 | 0 | 0 | (22.1) |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | (21.1) | 1.5 | 2.8 | 2.9 | (30.2) | (1.8) | 467.8 | (53.4) |
| Financing Cash Flow | (13.3) | (307.7) | 68.7 | (186.0) | 2,289.6 | 930.0 | 455.8 | 904.0 |
| Cash Position | ||||||||
| Net Change in Cash | (474.9) | (88.0) | 487.1 | 197.0 | 588.3 | 507.3 | (254.9) | 469.9 |
| Cash at Beginning | 2,013.9 | 2,190.7 | 1,703.6 | 1,506.6 | 918.4 | 411.1 | 666.0 | 196.0 |
| Cash at End | 1,538.9 | 2,102.7 | 2,190.7 | 1,703.6 | 1,506.6 | 918.4 | 411.1 | 666.0 |
| Free Cash Flow | (543.6) | 583.0 | 158.7 | 819.8 | (1,091.9) | (450.7) | (514.1) | (422.3) |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||
| Revenue | 20,474.8 | 16,328.4 | 12,965.8 | 9,869.4 | 7,780.3 | 4,858.2 | 3,931.9 | 3,261.5 |
| Gross Profit | 2,516.1 | 3,242.0 | 2,626.9 | 2,272.8 | 2,044.9 | 1,247.8 | 755.5 | 460.1 |
| Operating Income | 402.7 | 29.0 | (173.3) | (2,623.7) | (895.1) | (458.8) | (731.8) | (256.5) |
| Net Income | 327.1 | (8.2) | (156.2) | (2,467.9) | (816.5) | (470.6) | (704.9) | (207.9) |
| EPS (Diluted) | 0.89 | -0.03 | -0.64 | -10.11 | -9.17 | -63.01 | -56.18 | -37.32 |
| Balance Sheet | ||||||||
| Cash & Equivalents | 1,538.9 | 1,970.2 | 1,978.7 | 1,703.6 | 1,356.3 | 918.1 | 410.8 | 665.6 |
| Total Assets | 5,969.7 | 5,090.7 | 5,493.1 | 5,048.8 | 7,502.8 | 5,226.3 | 4,785.4 | 1,230.5 |
| Total Debt | 393.1 | 354.9 | 405.9 | 203.9 | 165.4 | 595.7 | 361.6 | 333.7 |
| Stockholders' Equity | 3,992.9 | 3,694.6 | 3,711.5 | 3,881.7 | 6,420.5 | (5,200.2) | (3,439.0) | (1,855.7) |
| Cash Flow | ||||||||
| Operating Cash Flow | (403.3) | 642.8 | 243.9 | 881.3 | (1,018.0) | (412.9) | (410.8) | (358.0) |
| Capital Expenditure | (140.3) | (59.9) | (85.2) | (61.5) | (73.9) | (37.8) | (103.3) | (64.3) |
| Free Cash Flow | (543.6) | 583.0 | 158.7 | 819.8 | (1,091.9) | (450.7) | (514.1) | (422.3) |