China-based ATRenew's Q2 revenue jumps 32.2%

Reuters
Aug 20
China-based ATRenew's <a href="https://laohu8.com/S/QTWO">Q2</a> revenue jumps 32.2%

Overview

  • ATRenew Q2 revenue grows 32.2% yr/yr to RMB4,991.5 mln

  • Income from operations turns positive at RMB91.1 mln from a loss last year

  • Co repurchased 1.6 mln ADSs, announced new $50 mln share repurchase program

Outlook

  • Company expects Q3 2025 revenues between RMB5,050 mln and RMB5,150 mln

  • ATRenew anticipates 24.7% to 27.1% revenue growth in Q3 2025

  • Company plans to expand premium retail and overseas sales channels

  • ATRenew aims to enhance recycling penetration through diverse supply-sourcing

Result Drivers

  • TRADE-IN SUBSIDIES - Growth driven by China's national subsidies for consumer electronics trade-ins, per CEO Kerry Xuefeng Chen

  • RETAIL REVENUE - Increase in adjusted operating profit attributed to higher retail product revenue and effective expense management, per CFO Rex Chen

  • FULFILLMENT CAPABILITIES - Strengthened fulfillment capabilities and brand influence contributed to revenue growth

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q2 Revenue

RMB 4.99 bln

Q2 EPS

RMB 0.44

Q2 Adjusted Net Income

RMB 99.90 mln

Q2 Net Income

RMB 72.30 mln

Q2 Adjusted Income from Operations

RMB 121.30 mln

Q2 Income from Operations

RMB 91.10 mln

Analyst Coverage

  • Wall Street's median 12-month price target for ATRenew Inc is $5.00, about 7.2% above its August 19 closing price of $4.64

  • The stock recently traded at 102 times the next 12-month earnings vs. a P/E of 5 three months ago

Press Release: ID:nPn2fZrq2a

(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.)

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