Overview
ATRenew Q3 revenue grows 27.1% yr/yr, driven by pre-owned electronics sales
Income from operations for Q3 rises 385.1% yr/yr
Company repurchased 0.5 mln ADSs for US$2.1 mln in Q3
Outlook
Company expects Q4 2025 revenue between RMB6,080 mln and RMB6,180 mln
Company anticipates leveraging economies of scale for improved profitability
Result Drivers
SCENARIO AND SUPPLY CHAIN - Co attributes growth to enhanced scenario and supply chain capabilities, improving transaction efficiency and user experience
FULFILLMENT EXPANSION - Expansion of fulfillment capabilities contributed to improved results
MULTI-CATEGORY RECYCLING - Growth driven by multi-category recycling services and AHS Recycles brand power
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 Revenue | RMB 5.15 bln | ||
Q3 Adjusted Net Income | RMB 110.20 mln | ||
Q3 Net Income | RMB 90.80 mln | ||
Q3 Adjusted Income from Operations | RMB 140.30 mln | ||
Q3 Income from Operations | RMB 120.80 mln |
Analyst Coverage
Wall Street's median 12-month price target for ATRenew Inc is $5.00, about 19.4% above its November 19 closing price of $4.03
The stock recently traded at 87 times the next 12-month earnings vs. a P/E of 8 three months ago
Press Release: ID:nPn6FS27Ma
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)