Research analysts who have asked questions during ATRenew earnings calls.
Michael Kim
Imperial Capital, LLC
6 questions for RERE
Joyce Ju
Analyst
3 questions for RERE
Jiao Wan
China International Capital Corporation
2 questions for RERE
Rafael Wei
DBS
2 questions for RERE
Wang Zhao
China International Capital Corporation
2 questions for RERE
Joyce Yu
Bank of America
1 question for RERE
Won Zhao
CICC
1 question for RERE
Recent press releases and 8-K filings for RERE.
- ATRenew reported Q3 2025 total net revenue of RMB 5.15 billion, marking a 27.1% year-over-year increase, with non-GAAP operating profits growing 34.9% to RMB 140 million.
- Revenue growth was primarily driven by 1P product revenue increasing 28.7% to RMB 4.73 billion and 3P platform service revenue rising 11.6% to RMB 420 million. Combined refurbished product revenue surged 102% year-over-year.
- The company expanded its AHS store network to 2,195 locations and saw multi-category recycling transaction volume increase by 95% year-over-year in Q3 2025.
- During Q3 2025, ATRenew repurchased approximately 500,000 ADSs for about $2.1 million. As of September 30, 2025, cash and cash equivalents, restricted cash, short-term investments, and funds receivable totaled RMB 2.54 billion.
- For Q4 2025, total revenues are anticipated to be between RMB 6.08 billion and RMB 6.18 billion, and for the full year 2025, total revenues are estimated to be between RMB 20.87 billion and RMB 20.97 billion, representing a year-over-year increase of 27.8%-28.5%.
- ATRenew achieved record-high total net revenue of RMB 5.15 billion in Q3 2025, marking a 27.1% year-over-year increase, with non-GAAP operating profits reaching RMB 140 million, up 34.9% year-over-year.
- The company provided Q4 2025 total revenue guidance of RMB 6,080 million to RMB 6,180 million (a 25.4%-27.4% year-over-year increase) and full-year 2025 guidance of RMB 20.87 billion to RMB 20.97 billion (a 27.8%-28.5% year-over-year increase).
- Growth was primarily driven by strong 1P product revenue of RMB 4.73 billion (up 28.7%) and 3P platform service revenue of RMB 420 million (up 11.6%), with the 1P2C proportion expanding to 36.4% of product revenue.
- ATRenew's AHS store network grew to 2,195 locations, and its multi-category recycling business contributed nearly RMB 53 million to service revenue in Q3 2025.
- During Q3 2025, the company repurchased approximately 500,000 ADSs for about $2.1 million and was recognized as a finalist for the prestigious Earthshot Prize.
- ATRenew reported record-high total net revenue of RMB 5.15 billion in Q3 2025, marking a 27.1% year-over-year increase, with 1P product revenue growing 28.7% to RMB 4.73 billion and 3P platform service revenue increasing 11.6% to RMB 420 million.
- Non-GAAP operating profits reached a record RMB 140 million, up 34.9% year-over-year, with the non-GAAP operating profit margin improving to 2.7%.
- The company forecasts Q4 2025 total revenue to be between RMB 6.08 billion and RMB 6.18 billion (up 25.4%-27.4% year-over-year), and full-year 2025 total revenue between RMB 20.87 billion and RMB 20.97 billion (up 27.8%-28.5% year-over-year).
- Growth was significantly driven by the 1P2C business, with revenue surging 70% year-over-year and comprising 36.4% of product revenue, and the multi-category recycling business contributing nearly RMB 53 million to service revenue.
- During Q3 2025, ATRenew repurchased approximately 0.5 million ADSs for about $2.1 million.
- ATRenew Inc. reported total net revenues of RMB 5,149.2 million in Q3 2025, marking a 27.1% year-over-year increase, and non-GAAP operating income grew by 34.9% to RMB 140.3 million.
- The company's cash and cash equivalents, restricted cash, short-term investments, and funds receivable totaled RMB 2.54 billion as of September 30, 2025, and it repurchased approximately 0.5 million ADSs for US$ 2.1 million during the quarter.
- Operational growth was evident with the total AHS store count reaching 2,195 as of September 30, 2025, reflecting a net increase of 558 stores year-over-year, while transaction volumes rose 19.8% to 10.9 million units.
- Non-GAAP fulfillment expenses as a percentage of total net revenues were 8.4% in Q3 2025, indicating continued operational efficiency.
- ATRenew Inc. reported total net revenues of RMB5,149.2 million (US$723.3 million) for the third quarter of 2025, representing a 27.1% increase year-on-year.
- Income from operations increased by 385.1% to RMB120.8 million (US$17.0 million), and adjusted income from operations (non-GAAP) grew by 34.9% to RMB140.3 million (US$19.7 million) in Q3 2025.
- The number of consumer products transacted reached 10.9 million in Q3 2025, compared to 9.1 million in the same period of 2024.
- For the fourth quarter of 2025, the company expects total revenues to range between RMB6,080.0 million and RMB6,180.0 million, indicating a year-over-year increase of 25.4% to 27.4%.
- During the third quarter of 2025, ATRenew repurchased approximately 0.5 million ADSs for about US$2.1 million under its US$50 million share repurchase program.
- For the third quarter of 2025, ATRenew Inc. reported total net revenues of RMB5,149.2 million (US$723.3 million), an increase of 27.1% year-on-year.
- Income from operations for Q3 2025 was RMB120.8 million (US$17.0 million), growing 385.1% year-on-year, while adjusted income from operations (non-GAAP) increased 34.9% year-on-year to RMB140.3 million (US$19.7 million).
- The number of consumer products transacted reached 10.9 million in Q3 2025, up from 9.1 million in the same period of 2024.
- Net income for the quarter was RMB90.8 million (US$12.8 million), a 407.3% increase from the same period in 2024.
- For the fourth quarter of 2025, the company expects total revenues to be between RMB6,080.0 million and RMB6,180.0 million, representing a year-over-year increase of 25.4% to 27.4%.
-
ATRenew achieved strong financial performance in Q4 2024 and full year 2024, with total revenues reaching RMB 4.85 billion (up 25.2% year-over-year) and RMB 16.33 billion (up 25.9% year-over-year), respectively. Non-GAAP operating income for Q4 2024 was RMB 131 million (up 61% year-over-year) and RMB 410 million for the full year 2024 (up 62.8% year-over-year).
-
The growth was primarily driven by a 26.6% increase in net product revenues to RMB 4.461 billion in Q4 2024 and a 10.7% increase in net service revenues to RMB 389 million. The company achieved a 2.7% Non-GAAP operating margin in Q4 2024 and 2.5% for the full year 2024, up from 2.1% and 1.9% respectively in the prior year.
-
For Q1 2025, ATRenew anticipates total revenues to be between RMB 4.55 billion and RMB 4.65 billion, representing a year-over-year increase of 24.6% to 27.4%.
-
Strategically, ATRenew plans to accelerate store openings and expand its two-door service team in 2025, aiming to add 800 new stores and 1,000 two-door service team members to enhance its national fulfillment network. The company also intends to boost brand investment on new media platforms and leverage national subsidies for consumer electronics trade-ins to drive growth.
-
In Q4 2024, the company repurchased approximately 2.1 million ADSes for $5.8 million. As of December 31, 2024, a total of $25.9 million has been returned to shareholders for 10.3 million ADSes under the current buyback program.
Quarterly earnings call transcripts for ATRenew.
Ask Fintool AI Agent
Get instant answers from SEC filings, earnings calls & more