ATRenew(RERE)
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万物新生(爱回收)二季度营收近50亿元超指引区间高端,线下门店突破2000家
IPO早知道· 2025-08-20 10:24
Core Viewpoint - The company, Wanwu Xinxing (Aihuishou), reported strong financial performance in Q2 2025, with total revenue reaching 4.99 billion yuan, a year-on-year increase of 32.2%, exceeding the high end of its revenue guidance and setting a historical record [2][11]. Revenue Composition - The revenue from 1P (self-operated) product sales was 4.56 billion yuan, up 34.0% year-on-year [4][6]. - The revenue from 3P (platform) services was 430 million yuan, reflecting a year-on-year growth of 15.4% [4][6]. Transaction Volume and Profitability - The total transaction volume for second-hand goods across all platforms reached 10.3 million orders, marking a year-on-year increase of 22.6% [4][6]. - The non-GAAP operating profit for Q2 was 120 million yuan, a year-on-year increase of 28.9%, with a non-GAAP operating profit margin of 2.4% [4][6]. Cash Position - As of the end of Q2 2025, the company had a total of 2.35 billion yuan in cash and cash equivalents, restricted funds, short-term investments, and third-party payment platform account balances, ensuring stable operations [6]. Infrastructure and Service Expansion - The company has strengthened its offline recycling infrastructure, with 2,092 stores covering 291 cities nationwide by the end of Q2 2025 [6]. - The number of self-operated on-site teams reached 1,160, enhancing delivery efficiency and coverage [6]. Multi-category Recycling Growth - The company has expanded its multi-category recycling services, with 804 stores offering such services, resulting in a GMV of 1.87 billion yuan, a year-on-year increase of over 110% [7]. - Notable growth was observed in gold and luxury goods recycling, with gold recycling GMV increasing by 118% and luxury goods by 63% [7]. C2B Recycling Performance - The C2B recycling segment maintained rapid double-digit growth, supported by national subsidies and e-commerce promotions [9]. - The platform "Paijitang" registered over 1.16 million signed merchants, achieving healthy double-digit growth [9]. ESG Initiatives - The company set carbon reduction targets, aiming to reduce greenhouse gas emissions intensity by 35% for scopes 1 and 2 and 50% for scope 3 by 2030 [10]. - In 2024, the company responsibly disposed of 137,000 old electronic devices, reducing electronic waste pollution by 21.92 tons [10]. Shareholder Return Plan - The company announced a three-year shareholder return plan, committing to return at least 60% of annual non-GAAP net profit to shareholders through dividends or buybacks from 2025 to 2027 [11].
ATRenew(RERE) - 2025 Q2 - Quarterly Report
2025-08-20 10:10
Exhibit 99.1 ATRenew Inc. Reports Unaudited Second Quarter 2025 Financial Results SHANGHAI, August 20, 2025 /PRNewswire/ -- ATRenew Inc. ("ATRenew" or the "Company") (NYSE: RERE), a leading technology-driven pre-owned consumer electronics transactions and services platform in China, today announced its unaudited financial results for the three months ended June 30, 2025. Second Quarter 2025 Highlights Mr. Kerry Xuefeng Chen, Founder, Chairman, and Chief Executive Officer of ATRenew, commented, "We are pleas ...
ATRenew Inc. Reports Unaudited Second Quarter 2025 Financial Results
Prnewswire· 2025-08-20 08:00
Core Viewpoint - ATRenew Inc. reported strong operational performance in Q2 2025, with total revenue increasing by 32.2% year-over-year, driven by demand for recycling and upgrades in consumer electronics, supported by national subsidies in China [2][4]. Financial Performance - Total net revenues for Q2 2025 reached RMB4,991.5 million (US$696.8 million), up from RMB3,776.7 million in Q2 2024, marking a 32.2% increase [4][6]. - Adjusted income from operations (non-GAAP) was RMB121.3 million (US$16.9 million), compared to RMB94.1 million in the same period of 2024 [6][8]. - Net income for Q2 2025 was RMB72.3 million (US$10.1 million), a significant recovery from a net loss of RMB10.7 million in Q2 2024 [9][10]. Revenue Breakdown - Net product revenues increased by 34.0% to RMB4,558.7 million (US$636.4 million) due to higher sales of pre-owned consumer electronics [7]. - Net service revenues rose by 15.4% to RMB432.8 million (US$60.4 million), attributed to growth in multi-category recycling services [7]. Operating Costs - Operating costs and expenses totaled RMB4,918.1 million (US$686.5 million), reflecting a 29.6% increase from RMB3,795.3 million in Q2 2024 [5]. - Merchandise costs increased by 32.3% to RMB3,957.6 million (US$552.5 million), driven by higher product sales [7]. Business Outlook - For Q3 2025, ATRenew expects total revenues to be between RMB5,050.0 million and RMB5,150.0 million, indicating a year-over-year increase of 24.7% to 27.1% [12]. Recent Developments - ATRenew repurchased approximately 1.6 million ADSs for about US$4.0 million under its share repurchase program, which has a total authorization of US$50 million [13]. - As of June 30, 2025, ATRenew operated a network of 2,092 AHS stores across 291 cities in China [14]. - The company released its 2024 ESG Report, highlighting its commitment to green recycling and emissions reduction goals aligned with China's "Dual Carbon" objectives [15]. Shareholder Returns - The Board approved a three-year shareholder return plan, committing to allocate no less than 60% of adjusted net income (non-GAAP) for shareholder returns through dividends or share repurchases [16].
万物新生上涨2.16%,报4.495美元/股,总市值9.88亿美元
Jin Rong Jie· 2025-08-19 14:09
Core Viewpoint - The company, 万物新生 (RERE), has shown a positive financial performance with significant revenue and profit growth, and is set to release its mid-year financial report soon [1]. Financial Performance - As of March 31, 2025, 万物新生 reported total revenue of 4.653 billion RMB, representing a year-on-year increase of 27.45% [1]. - The net profit attributable to the parent company reached 42.8 million RMB, marking a substantial year-on-year growth of 146.09% [1]. Stock Performance - On August 19, the stock price of 万物新生 increased by 2.16%, closing at $4.495 per share, with a trading volume of $2.9886 million and a total market capitalization of $988 million [1]. Company Overview - 万物新生 is a Cayman Islands-registered holding company that operates primarily through its domestic subsidiary, 上海万物新生环保科技集团有限公司 [1]. - Established in 2011, the company positions itself as a "Internet + Environmental Protection" circular economy enterprise, focusing on sustainability and social responsibility [1]. - The company operates four main business lines: 爱回收, 拍机堂, 拍拍, and overseas business AHS Device [1].
万物新生上涨4.28%,报4.39美元/股,总市值9.65亿美元
Jin Rong Jie· 2025-08-18 13:53
Core Insights - The company, 万物新生 (RERE), opened with a 4.28% increase, reaching $4.39 per share, with a total market capitalization of $965 million as of August 18 [1] - Financial data indicates that as of March 31, 2025, the total revenue of 万物新生 is 4.653 billion RMB, reflecting a year-on-year growth of 27.45%, while the net profit attributable to shareholders is 42.8 million RMB, showing a significant increase of 146.09% [1] - The company is set to disclose its fiscal year 2025 mid-term report on August 20, prior to the market opening in the Eastern Time Zone [1] Company Overview - 万物新生 is a Cayman Islands-registered holding company primarily operating through its domestic subsidiary, 上海万物新生环保科技集团有限公司 [1] - Established in 2011, the company positions itself as a "Internet + Environmental Protection" circular economy enterprise [1] - The company operates four main business lines: 爱回收, 拍机堂, 拍拍, and overseas business AHS Device [1] - 万物新生 aims to integrate social responsibility into its business practices, adhering to the mission of maximizing the use of idle resources and striving to be a model enterprise in ESG (Environmental, Social, and Governance) [1]
万物新生上涨10.03%,报4.39美元/股,总市值9.65亿美元
Jin Rong Jie· 2025-08-13 14:13
Core Viewpoint - The company Wanwu Xingsheng (RERE) has shown significant stock performance and financial growth, indicating a positive outlook for its operations and upcoming financial disclosures [1]. Financial Performance - As of March 31, 2025, Wanwu Xingsheng reported total revenue of 4.653 billion RMB, representing a year-on-year growth of 27.45% [1]. - The net profit attributable to the parent company reached 42.8 million RMB, marking a substantial increase of 146.09% year-on-year [1]. Stock Performance - On August 13, the stock price of Wanwu Xingsheng increased by 10.03%, closing at $4.39 per share, with a trading volume of $9.2885 million and a total market capitalization of $965 million [1]. Upcoming Events - Wanwu Xingsheng is scheduled to disclose its fiscal year 2025 mid-term report on August 20, prior to the market opening in the Eastern Time Zone [1]. Company Overview - Wanwu Xingsheng is a Cayman Islands-registered holding company primarily operating through its domestic subsidiary, Shanghai Wanwu Xingsheng Environmental Technology Group Co., Ltd. [1]. - Established in 2011, the company focuses on the "Internet + Environmental Protection" model within the circular economy sector [1]. - The company operates four main business lines: Aihuishou, Pajitang, Paipai, and overseas business AHS Device, with a mission to integrate social responsibility into its business practices [1].
万物新生上涨3.81%,报4.142美元/股,总市值9.11亿美元
Jin Rong Jie· 2025-08-13 13:47
Core Insights - The company, 万物新生 (RERE), opened with a 3.81% increase, reaching $4.142 per share, with a total market capitalization of $911 million as of August 13 [1] - Financial data indicates that as of March 31, 2025, the total revenue of 万物新生 is 4.653 billion RMB, reflecting a year-on-year growth of 27.45%, while the net profit attributable to shareholders is 42.8 million RMB, showing a significant increase of 146.09% [1] - The company is set to release its fiscal year 2025 interim report on August 20, prior to the market opening [1] Company Overview - 万物新生 is a Cayman Islands-registered holding company primarily operating through its domestic subsidiary, 上海万物新生环保科技集团有限公司 [1] - Established in 2011, the company positions itself as a "Internet + Environmental Protection" circular economy enterprise [1] - The company operates four main business lines: 爱回收, 拍机堂, 拍拍, and overseas business AHS Device, with a mission to maximize the utility of idle resources and integrate social responsibility into its business practices [1]
万物新生上涨2.05%,报3.98美元/股,总市值8.75亿美元
Jin Rong Jie· 2025-08-12 13:42
Core Insights - The company, 万物新生 (RERE), opened with a 2.05% increase, reaching $3.98 per share, with a total market capitalization of $875 million [1] - As of March 31, 2025, the company reported total revenue of 4.653 billion RMB, reflecting a year-on-year growth of 27.45%, and a net profit attributable to shareholders of 42.8 million RMB, which is a significant increase of 146.09% [1] - The company is set to release its fiscal year 2025 interim report on August 20, prior to the market opening [1] Company Overview - 万物新生 is a Cayman Islands-registered holding company primarily operating through its domestic subsidiary, 上海万物新生环保科技集团有限公司 [1] - Established in 2011, the company positions itself as a "Internet + Environmental Protection" circular economy enterprise [1] - The company operates four main business lines: 爱回收, 拍机堂, 拍拍, and overseas business AHS Device [1] - The mission of the company is to maximize the utility of idle resources, aiming to become a model enterprise for ESG (Environmental, Social, and Governance) practices [1]
万物新生上涨2.22%,报3.68美元/股,总市值8.09亿美元
Jin Rong Jie· 2025-08-11 13:55
Core Insights - The company, 万物新生 (RERE), experienced a stock price increase of 2.22%, reaching $3.68 per share with a total market capitalization of $809 million as of August 11 [1] - Financial data indicates that for the fiscal year ending March 31, 2025, the company reported total revenue of 4.653 billion RMB, reflecting a year-on-year growth of 27.45%, and a net profit attributable to shareholders of 42.8 million RMB, which is a significant increase of 146.09% [1] - The company is set to release its fiscal year 2025 mid-term report on August 20, prior to the market opening in the Eastern Time Zone [1] Company Overview - 万物新生 is a Cayman Islands-registered holding company primarily operating through its domestic subsidiary, 上海万物新生环保科技集团有限公司 [1] - Established in 2011, the company positions itself as a "Internet + Environmental Protection" circular economy enterprise [1] - The company operates four main business lines: 爱回收, 拍机堂, 拍拍, and overseas business AHS Device, with a mission to maximize the utility of idle resources and integrate social responsibility into its business practices [1]
万物新生上涨2.15%,报3.565美元/股,总市值7.84亿美元
Jin Rong Jie· 2025-08-08 13:49
Group 1 - The core viewpoint of the article highlights the positive financial performance of Wanwu Xingsheng (RERE), with a significant increase in revenue and net profit year-on-year [1] - As of August 8, the stock price of Wanwu Xingsheng opened at $3.565 per share, reflecting a 2.15% increase, with a total market capitalization of $784 million [1] - Financial data shows that by March 31, 2025, Wanwu Xingsheng's total revenue reached 4.653 billion RMB, representing a year-on-year growth of 27.45%, while the net profit attributable to shareholders was 42.8 million RMB, up 146.09% year-on-year [1] Group 2 - Wanwu Xingsheng is set to disclose its fiscal year 2025 mid-term report on August 20, prior to the market opening in the Eastern Time Zone [1] - The company, established in 2011 and registered in the Cayman Islands, operates primarily through its domestic subsidiary, Shanghai Wanwu Xingsheng Environmental Technology Group Co., Ltd. [1] - Wanwu Xingsheng positions itself as a "Internet + Environmental Protection" circular economy enterprise, with four main business lines: Aihui Shou, Pajitang, Paipai, and overseas business AHS Device [1] - The company aims to integrate social responsibility into its business practices, adhering to the mission of maximizing the use of idle resources and striving to become a model enterprise in ESG (Environmental, Social, and Governance) [1]