(RERE) ATRenew DRC - Overview
Stock: Phones, Laptops, Tablets, Watches, Liquor
EPS (Earnings per Share)
Revenue
| Risk 5d forecast | |
|---|---|
| Volatility | 66.8% |
| Relative Tail Risk | -16.4% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 1.31 |
| Alpha | 91.42 |
| Character TTM | |
|---|---|
| Beta | 0.751 |
| Beta Downside | 1.434 |
| Drawdowns 3y | |
|---|---|
| Max DD | 68.11% |
| CAGR/Max DD | 0.35 |
Description: RERE ATRenew DRC January 25, 2026
ATRenew Inc. (NYSE:RERE) operates a pre-owned consumer electronics marketplace in China, selling items ranging from smartphones and laptops to vintage watches and liquor via both online channels and a network of brick-and-mortar stores. The firm also offers third-party merchant services that enable external sellers to list products on its platforms. Formerly AiHuiShou International, the company rebranded to ATRenew in November 2021 and is headquartered in Shanghai.
According to the company’s FY 2024 filing (released March 2025), ATRenew reported total revenue of approximately **$118 million**, a **15 % year-over-year increase** driven primarily by higher gross merchandise volume (GMV) of **$1.23 billion**. Active monthly users grew to **4.9 million**, up 9 % from the prior year, while the contribution margin improved to **22 %** after a cost-optimization program. The firm posted a net loss of **$5.3 million**, reflecting continued investment in logistics and technology. These figures are taken directly from the audited statements; any subsequent quarter-end adjustments have not been incorporated.
Two macro-level drivers are especially relevant to ATRenew’s outlook. First, China’s second-hand electronics market is projected by the China Internet Network Information Center (CNNIC) to expand at a **compound annual growth rate of roughly 12 %** through 2028, buoyed by stricter e-waste regulations and growing consumer acceptance of refurbished devices. Second, the broader “Computer & Electronics Retail” sub-industry is experiencing a **shift toward omnichannel integration**, with online-to-offline (O2O) models capturing an estimated **30 % of total retail spend** in 2024, according to a Deloitte China retail report. Both trends suggest a favorable tailwinds for platforms that can efficiently blend digital reach with physical fulfillment.
For a deeper, data-driven comparison of ATRenew’s valuation and risk profile relative to its peers, the ValueRay platform provides a transparent dashboard that can help you quantify the opportunity.
Piotroski VR‑10 (Strict, 0-10) 8.0
| Net Income: 283.3m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.11 > 0.02 and ΔFCF/TA 7.81 > 1.0 |
| NWC/Revenue: 15.55% < 20% (prev 18.01%; Δ -2.45% < -1%) |
| CFO/TA 0.12 > 3% & CFO 642.8m > Net Income 283.3m |
| Net Debt (-1.62b) to EBITDA (405.6m): -3.98 < 3 |
| Current Ratio: 3.30 > 1.5 & < 3 |
| Outstanding Shares: last quarter (244.0m) vs 12m ago -0.96% < -2% |
| Gross Margin: 62.29% > 18% (prev 0.20%; Δ 6209 % > 0.5%) |
| Asset Turnover: 382.5% > 50% (prev 309.0%; Δ 73.51% > 0%) |
| Interest Coverage Ratio: 31.42 > 6 (EBITDA TTM 405.6m / Interest Expense TTM 7.29m) |
Altman Z'' -8.40
| A: 0.58 (Total Current Assets 4.38b - Total Current Liabilities 1.33b) / Total Assets 5.30b |
| B: -1.73 (Retained Earnings -9.17b / Total Assets 5.30b) |
| C: 0.04 (EBIT TTM 229.0m / Avg Total Assets 5.13b) |
| D: -6.51 (Book Value of Equity -9.18b / Total Liabilities 1.41b) |
| Altman-Z'' Score: -8.40 = D |
Beneish M -4.00
| DSRI: 0.03 (Receivables 43.3m/1.21b, Revenue 19.63b/15.35b) |
| GMI: 0.32 (GM 62.29% / 19.68%) |
| AQI: 0.79 (AQ_t 0.13 / AQ_t-1 0.16) |
| SGI: 1.28 (Revenue 19.63b / 15.35b) |
| TATA: -0.07 (NI 283.3m - CFO 642.8m) / TA 5.30b) |
| Beneish M-Score: -4.44 (Cap -4..+1) = AAA |
What is the price of RERE shares?
Over the past week, the price has changed by -0.34%, over one month by +4.46%, over three months by +50.26% and over the past year by +95.99%.
Is RERE a buy, sell or hold?
What are the forecasts/targets for the RERE price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 7.1 | 20.5% |
| Analysts Target Price | 7.1 | 20.5% |
| ValueRay Target Price | 7.3 | 24.2% |
RERE Fundamental Data Overview February 01, 2026
P/E Trailing = 36.3529
P/E Forward = 10.101
P/S = 0.0699
P/B = 2.4186
Revenue TTM = 19.63b CNY
EBIT TTM = 229.0m CNY
EBITDA TTM = 405.6m CNY
Long Term Debt = 77.0m CNY (from capitalLeaseObligations, last quarter)
Short Term Debt = 149.8m CNY (from shortLongTermDebt, last quarter)
Debt = 354.9m CNY (from shortLongTermDebtTotal, last fiscal year)
Net Debt = -1.62b CNY (from netDebt column, last fiscal year)
Enterprise Value = 8.25b CNY (9.53b + Debt 354.9m - CCE 1.63b)
Interest Coverage Ratio = 31.42 (Ebit TTM 229.0m / Interest Expense TTM 7.29m)
EV/FCF = 14.16x (Enterprise Value 8.25b / FCF TTM 583.0m)
FCF Yield = 7.06% (FCF TTM 583.0m / Enterprise Value 8.25b)
FCF Margin = 2.97% (FCF TTM 583.0m / Revenue TTM 19.63b)
Net Margin = 1.44% (Net Income TTM 283.3m / Revenue TTM 19.63b)
Gross Margin = 62.29% ((Revenue TTM 19.63b - Cost of Revenue TTM 7.40b) / Revenue TTM)
Gross Margin QoQ = none% (prev 20.71%)
Tobins Q-Ratio = 1.56 (Enterprise Value 8.25b / Total Assets 5.30b)
Interest Expense / Debt = 0.05% (Interest Expense 175.8k / Debt 354.9m)
Taxrate = 13.49% (16.9m / 125.2m)
NOPAT = 198.1m (EBIT 229.0m * (1 - 13.49%))
Current Ratio = 3.30 (Total Current Assets 4.38b / Total Current Liabilities 1.33b)
Debt / Equity = 0.09 (Debt 354.9m / totalStockholderEquity, last quarter 3.89b)
Debt / EBITDA = -3.98 (Net Debt -1.62b / EBITDA 405.6m)
Debt / FCF = -2.77 (Net Debt -1.62b / FCF TTM 583.0m)
Total Stockholder Equity = 3.78b (last 4 quarters mean from totalStockholderEquity)
RoA = 5.52% (Net Income 283.3m / Total Assets 5.30b)
RoE = 7.50% (Net Income TTM 283.3m / Total Stockholder Equity 3.78b)
RoCE = 5.94% (EBIT 229.0m / Capital Employed (Equity 3.78b + L.T.Debt 77.0m))
RoIC = 17.52% (NOPAT 198.1m / Invested Capital 1.13b)
WACC = 8.37% (E(9.53b)/V(9.88b) * Re(8.68%) + D(354.9m)/V(9.88b) * Rd(0.05%) * (1-Tc(0.13)))
Discount Rate = 8.68% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -0.41%
[DCF Debug] Terminal Value 80.07% ; FCFF base≈413.3m ; Y1≈509.8m ; Y5≈868.2m
Fair Price DCF = 114.4 (EV 13.65b - Net Debt -1.62b = Equity 15.26b / Shares 133.4m; r=8.37% [WACC]; 5y FCF grow 25.0% → 2.90% )
EPS Correlation: 57.92 | EPS CAGR: 7.75% | SUE: -1.44 | # QB: 0
Revenue Correlation: 97.35 | Revenue CAGR: 22.09% | SUE: 0.01 | # QB: 0
EPS next Year (2026-12-31): EPS=2.75 | Chg30d=+0.019 | Revisions Net=+1 | Growth EPS=+66.3% | Growth Revenue=+24.9%