ATRenew Inc. (RERE) — Financial statements
Income statement, balance sheet, and cash flow for ATRenew Inc. — annual and quarterly history with growth and margin analysis.
| Metric (CNY Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 20,475↑25.4% | 16,328↑25.9% | 12,966↑31.4% | 9,869↑26.9% | 7,780 | |
| Cost of Revenue | 17,959↑37.2% | 13,086↑26.6% | 10,339↑36.1% | 7,597↑32.5% | 5,735 | |
| Gross Profit | 2,516↓22.4% | 3,242↑23.4% | 2,627↑15.6% | 2,273↑11.1% | 2,045 | |
| Operating Expenses | ||||||
| R&D Expenses | 237↑12.8% | 210↑7.5% | 196↓14.1% | 228↓13.9% | 265 | |
| General & Administrative Expenses | 275↓10.4% | 307↑15.3% | 266↑15.4% | 230↓46.9% | 434 | |
| Selling & Marketing Expenses | 1,654↑21.0% | 1,367↑9.3% | 1,251↓18.6% | 1,536↑27.3% | 1,207 | |
| SG&A Expenses | 1,929↑15.2% | 1,674↑10.3% | 1,517↓14.1% | 1,766↑7.7% | 1,640 | |
| Other Expenses | -53↓104.0% | 1,329↑22.2% | 1,088↓62.5% | 2,902↑180.4% | 1,035 | |
| Operating Expenses | 2,113↓34.2% | 3,213↑14.7% | 2,800↓42.8% | 4,896↑66.5% | 2,940 | |
| Total Costs & Expenses | 20,072↑23.1% | 16,299↑24.1% | 13,139↑5.2% | 12,493↑44.0% | 8,675 | |
| Operating Results | ||||||
| Operating Income | 403↑1290.0% | 29↑116.7% | -173↑93.4% | -2,624↓193.1% | -895 | |
| Depreciation & Amortization | 113↓66.1% | 334↑0.0% | 334↓17.7% | 405↑8.5% | 374 | |
| EBITDA | 516↑42.2% | 363↑88.5% | 192↑108.9% | -2,162↓314.6% | -521 | |
| EBIT | 403↑1290.0% | 29↑120.5% | -141↑94.5% | -2,567↓186.8% | -895 | |
| Interest & Other Income | ||||||
| Net Interest Income | 14↑18.8% | 12↓61.6% | 31↑165.3% | 12↑238.2% | -8 | |
| Interest Income | 20↓25.7% | 27↓29.1% | 38↑113.0% | 18↑112.4% | 8 | |
| Interest Expense | 6↓60.9% | 15↑112.8% | 7↑14.5% | 6↓63.3% | 17 | |
| Non-Operating Income | 0.00 | 0.00↑100.0% | -32↑43.5% | -57↓234.7% | 42 | |
| Other Income / Expenses | -20↑78.4% | -94↓269.8% | -25↓157.9% | 44↑167.2% | -65 | |
| Income Before Tax | 382↑687.2% | -65↑67.2% | -199↑92.3% | -2,580↓168.6% | -960 | |
| Income Tax Expense | 55↑197.1% | -57↓33.7% | -43↑62.0% | -112↑22.3% | -144 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 327↑4075.3% | -8↑94.7% | -156↑93.7% | -2,468↓202.2% | -817 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 327↑4075.3% | -8↑94.7% | -156↑93.7% | -2,468↓202.2% | -817 | |
| Bottom-Line Net Income | 327↑4075.3% | -8↑94.7% | -156↑93.7% | -2,468↓86.2% | -1,325 | |
| EPS (Basic) | 0.89↑2725.4% | -0.03↑94.7% | -0.64↑93.7% | -10.11↓10.3% | -9.17 | |
| EPS (Diluted) | 0.89↑2725.4% | -0.03↑94.7% | -0.64↑93.7% | -10.11↓10.3% | -9.17 | |
| Weighted Average Shares | 363↑49.7% | 242↓0.3% | 243↓0.4% | 244↑174.3% | 89 | |
| Weighted Average Diluted Shares | 365↑50.5% | 242↓0.3% | 243↓0.4% | 244↑69.1% | 144 | |
* All figures in Millions of CNY, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.