AiHuiShou International Co Ltd

ATRenew Inc. is a consumer-oriented single service provider focused on sourcing electronic devices. It operates and manages a platform for pre-owned consumer electronics transactions and services. Its platform standardized and digitalized the mobile phone market by creating inspection, grading, and pricing processes. It procures its supply of pre-owned consumer electronics; processes devices for resale using proprietary inspection, grading, and pricing; and distributes processed devices to a variety of purchasers. It transacts with consumers and small merchants at both the supply and demand sides. The company was founded in 2011 and is headquartered in Shanghai, China.

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

AiHuiShou reports robust Q1 earnings, eyes growth through strategic partnerships

AiHuiShou International Co Ltd (RERE) delivered a strong performance in Q1 2024, marked by revenue growth, efficient expense management, and a solid cash position.
The company's strategic focus on recycling scenarios, supply chain capabilities, and key partnerships positions it well for future growth and market expansion.
While challenges in maintaining growth momentum exist, AiHuiShou has opportunities to drive further revenue growth through partnerships, innovation, and market diversification.

AiHuiShou International Co Ltd reports strong Q2 earnings and expands partnerships

AiHuiShou International Co Ltd delivered robust Q2 2024 results, showcasing revenue growth, margin improvement, and strategic expansion initiatives.
While facing challenges in margin maintenance and market dynamics, the company's focus on partnerships and brand promotion positions it well for future growth.
Opportunities lie in upcoming product launches, expanded partnerships, and customer-centric strategies to drive further revenue and market penetration.

AiHuiShou International Co Ltd (RERE) excels in Q3, eyes sustainable growth in China's secondhand electronics market

AiHuiShou International Co Ltd (RERE) delivered robust Q3 results, with revenue growth, operational income improvements, and strategic partnerships driving performance. The company's focus on physical stores, supply chain enhancement, and eco-friendly initiatives position it well for future growth.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

ATRenew Inc. is a consumer-oriented single service provider focused on sourcing electronic devices. It operates and manages a platform for pre-owned consumer electronics transactions and services. Its platform standardized and digitalized the mobile phone market by creating inspection, grading, and pricing processes. It procures its supply of pre-owned consumer electronics; processes devices for resale using proprietary inspection, grading, and pricing; and distributes processed devices to a variety of purchasers. It transacts with consumers and small merchants at both the supply and demand sides. The company was founded by Xue Feng Chen in 2011 and is headquartered in Shanghai, China.

SHANGHAI , Dec. 3, 2024 /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 it has been recognized by the United Nations Global Compact's ("UNGC") "Forward Faster: 20 Examples of Private Sector's Sustainable Development in China" campaign (the "Campaign"). This prestigious acknowledgment highlights ATRenew's commitment to environmental, social, and governance (ESG) practices, and reaffirms the Company's role as a transformative force in the development of China's circular economy.

ATRenew Inc. Included in UNGC's Forward Faster Campaign for Sustainable Development Contributions in China's Private Sector

ATRenew Inc. (NYSE: RERE) achieved strong Q3 2024 results with 12.8% YoY revenue growth and first-ever GAAP profitability, driving a 20% stock price surge. The company's robust cash position and innovative AI-powered technologies position it well for future growth and sustainable margins in the circular economy market. ATRenew's undervaluation, despite strong financials and ESG credentials, presents a significant investment opportunity, supported by a forward price-to-sales ratio below sector peers.

ATRenew: Positioned For Growth In Pre-Owned Electronics Recycling Sector

ATRenew's 3Q 2024 earnings report shows a 24.4% sales increase and a shift from operational loss to profit, driven by cost optimizations and lower amortization expenses. The company's multi-category recycling business surged by 270% YOY, and its 1P-to-consumer sales increased by 120% YOY, indicating strong market demand. ATRenew's strong cash and debt fundamentals, along with sustainable sales growth, suggest potential for future net GAAP profitability and stock appreciation.

ATRenew Reports Strong Q3 Earnings, Growth Likely To Continue

ATRenew Inc. (NYSE:RERE ) Q3 2024 Earnings Conference Call November 20, 2024 7:00 AM ET Company Participants Jeremy Ji - Director, Corporate Development & Investor Relations Kerry Chen - Founder, Chairman & Chief Executive Officer Rex Chen - Chief Financial Officer Conference Call Participants Joyce Ju - Bank of America Wan Jiao - CICC Michael Kim - Zacks Small-Cap Research Operator Good morning and good evening, ladies and gentlemen. Thank you for standing by, and welcome to ATRenew Inc.'s Third Quarter 2024 Earnings Conference Call.

ATRenew Inc. (RERE) Q3 2024 Earnings Call Transcript

SHANGHAI , Nov. 20, 2024 /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 September 30, 2024.  Third Quarter 2024 Highlights Total net revenues grew by 24.4% to RMB4,051.2 million (US$577.3 million) from RMB3,256.8 million in the third quarter of 2023.

ATRenew Inc. Reports Unaudited Third Quarter 2024 Financial Results

SHANGHAI , Nov. 6, 2024 /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 that it plans to release its unaudited financial results for the third quarter of 2024 before the U.S. market opens on Wednesday, November 20, 2024. The Company's management will hold an earnings conference call at 07:00 A.M.

ATRenew to Report Third Quarter 2024 Financial Results on November 20, 2024

Vasta Platform Limited

If you're interested in investing in penny stocks, making educated investment decisions is essential.

2 Penny Stocks Growing Earnings Over 100% This Year

Hesai Group

Investing is centered around the concept of risk and reward.

2 Penny Stocks to Buy With $300

SHANGHAI , Aug. 29, 2024 /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 latest Environmental, Social and Governance (ESG) scores as assessed by S&P Global's Corporate Sustainability Assessment ("CSA") released on August 23, 2024. ATRenew achieved a notable improvement with an S&P Global ESG Score of 35 in 2024, up from 33 in the previous year.

ATRenew Inc. Announces Improvement in S&P Global Corporate Sustainability Assessment ESG Score for 2024

RERE reported Q2-24 results with strong topline growth and improved margins. ATRenew is positioned well for continued growth, driven by the notable consumption downgrade trend in China. Maintain a buy recommendation for RERE with a target price of $3.3 (+33% upside).

ATRenew: Expecting Boosted Demand And Margin Expansion

eBay

Pinduoduo Inc - ADR

Global consumer spending growth exhibited some resilience in the second quarter of 2024.

Watch These Second-Hand, Refurbished Stocks That Rocked In Q2 As Customer Trends Shift

ATRenew reported strong earnings results for Q2 2024, with total net revenues increasing by 27.4% year-over-year. The company's balance sheet remains strong, with sustainable sales growth and decreasing operating losses. ATRenew's management is optimistic about growth potential, citing increased recycling opportunities and partnerships with major brands like JD and Apple.

ATRenew's Quarterly Earnings Hit Record Highs, Maintain Buy

ATRenew Inc. (NYSE:RERE ) Q2 2024 Earnings Conference Call August 20, 2024 8:00 AM ET Company Participants Jeremy Ji - Director of Corporate Development and IR Kerry Chen - Founder, Chairman, and CEO Rex Chen - CFO Conference Call Participants Joyce Ju - Bank of America Xiaoxin Chen - CICC Michael Kim - Zacks Small Cap Research Operator Good morning and good evening, ladies and gentlemen. Thank you for standing by and welcome to ATRenew's Incorporated Second Quarter 2024 Earnings Conference Call.

ATRenew Inc. (RERE) Q2 2024 Earnings Call Transcript

SHANGHAI , Aug. 20, 2024 /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, 2024.  Second Quarter 2024 Highlights Total net revenues grew by 27.4% to RMB3,776.7 million (US$519.7 million) from RMB2,963.7 million in the second quarter of 2023.

ATRenew Inc. Reports Unaudited Second Quarter 2024 Financial Results

SHANGHAI , Aug. 6, 2024 /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 that it plans to release its unaudited financial results for the second quarter of 2024 before the U.S. market opens on Tuesday, August 20, 2024. The Company's management will hold an earnings conference call at 08:00 A.M.

ATRenew to Report Second Quarter 2024 Financial Results on August 20, 2024

Bombardier Inc.

Celsius Holdings

Direct Digital Holdings

IAC/InterActiveCorp

PaySign Inc

The broader market rally has left many investors wondering if there are any growth stocks to buy before a correction. I believe that there absolutely are.

7 Growth Stocks to Buy With $1,000 or You'll Be Kicking Yourself in 2025

SHANGHAI , June 26, 2024 /PRNewswire/ -- ATRenew Inc. ("ATRenew" or the "Company") (NYSE: RERE), a leading technology-driven pre-owned consumer electronics transactions and services platform in China, today released its 2023 environmental, social, and governance ("ESG") report (the "Report"). This marks the fourth consecutive year of disclosing the Company's steadfast commitment to advancing the circular economy and promoting sustainable consumption.

ATRenew Releases 2023 ESG Report

SHANGHAI , June 21, 2024 /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 that the Company's board of directors has approved modifications to the size and term of its existing share repurchase program adopted in March 2024, increasing the aggregate value of shares that may be repurchased from US$20 million to US$50 million and extending the effective term to June 27, 2025.  About ATRenew Inc. Headquartered in Shanghai, ATRenew Inc. operates a leading technology-driven pre-owned consumer electronics transactions and services platform in China under the brand ATRenew.

ATRenew Announces Upsizing and Extension of Share Repurchase Program

SHANGHAI , June 20, 2024 /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 that it will attend the Bank of America Internet Tour in Shanghai on June 28, 2024. ATRenew's management will attend in-person and host one group meeting for interested investors and analysts.

ATRenew to Attend Bank of America Internet Tour

SHANGHAI , May 31, 2024 /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 that it renewed the business cooperation agreement with JD.com (NASDAQ: JD and HKEX: 9618 (HKD counter) and 89618 (RMB counter)) for a term from June 1, 2024 to December 31, 2027. The two parties will continue to cooperate in the second-hand business by integrating resources and leveraging their respective strengths.

ATRenew Inc. Renews Business Cooperation Agreement with JD.com

ATRenew Inc. (NYSE:RERE ) Q1 2024 Earnings Conference Call May 20, 2024 8:00 AM ET Company Participants Jeremy Ji - Director of Corporate Development and Investor Relations Kerry Chen - Founder, Chairman, and Chief Executive Officer Rex Chen - Chief Financial Officer Conference Call Participants Joyce Ju - Bank of America Xiaoxin Chen - CICC Michael Kim - Zacks Small Cap Research Operator Good morning and good evening, ladies and gentlemen. Thank you for standing by and welcome to ATRenew Inc.'s First Quarter 2024 Earnings Conference Call.

ATRenew Inc. (RERE) Q1 2024 Earnings Call Transcript

SHANGHAI , May 20, 2024 /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 March 31, 2024.  First Quarter 2024 Highlights Total net revenues grew by 27.1% to RMB3,651.1 million (US$505.7 million) from RMB2,871.8 million in the first quarter of 2023.

ATRenew Inc. Reports Unaudited First Quarter 2024 Financial Results

SHANGHAI , May 7, 2024 /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 that the Company will attend the Goldman Sachs TechNet Conference Asia Pacific 2024 in Hong Kong from May 22-23, 2024. ATRenew's management will attend in-person and host one-on-one or group meetings for interested investors and analysts.

ATRenew to Attend Goldman Sachs TechNet Conference Asia Pacific 2024

SHANGHAI , May 6, 2024 /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 that it plans to release its unaudited financial results for the first quarter of 2024 before the U.S. market opens on Monday, May 20, 2024. The Company's management will hold an earnings conference call at 08:00 A.M.

ATRenew to Report First Quarter 2024 Financial Results on May 20, 2024

SHANGHAI , April 26, 2024 /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 that Mr. Mervin Ye Zhou has been appointed as a new member of the Company's board of directors (the "Board"), the compensation committee of the Board, and the nominating and corporate governance committee of the Board, effective immediately, to fill the vacancies arising from the resignation of Mr.

News for AiHuiShou International Co Ltd Stock (RERE)