China's ATRenew Q3 revenue rises driven by higher pre-owned electronics sales

ATRenew

20/11/2025 08:21

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

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(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.)