ATRENEW INC. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 2.31 USD | +0.87% |
|
-18.37% | +20.31% |
| May. 20 | ATRenew Shares Fall After Lower Q1 Adjusted Earnings | MT |
| May. 20 | Transcript : ATRenew Inc., Q1 2024 Earnings Call, May 20, 2024 |
Valuation
| Fiscal Period: December | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Capitalization 1 | 8,316 | 4,513 | 3,050 | 3,672 | - |
| Enterprise Value (EV) 1 | 7,055 | 2,933 | 3,050 | 3,672 | 3,672 |
| P/E ratio | -2.74 x | -1.31 x | - | -20.2 x | 16.2 x |
| Yield | - | - | - | - | - |
| Capitalization / Revenue | 1.07 x | 0.46 x | 0.24 x | 0.23 x | 0.18 x |
| EV / Revenue | 1.07 x | 0.46 x | 0.24 x | 0.23 x | 0.18 x |
| EV / EBITDA | -16 x | 10.9 x | - | 12.6 x | - |
| EV / FCF | -7,616,477 x | 5,504,894 x | - | - | - |
| FCF Yield | -0% | 0% | - | - | - |
| Price to Book | 0.57 x | - | - | - | - |
| Nbr of stocks (in thousands) | 220,407 | 226,415 | 223,823 | 219,484 | - |
| Reference price 2 | 37.73 | 19.93 | 13.63 | 16.73 | 16.73 |
| Announcement Date | 3/10/22 | 3/13/23 | 3/12/24 | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Net sales 1 | - | 7,780 | 9,869 | 12,966 | 16,133 | 20,532 |
| EBITDA 1 | - | -521.3 | 412.3 | - | 290.3 | - |
| EBIT 1 | - | -895.1 | 6.904 | 251.7 | 396.1 | 693.1 |
| Operating Margin | - | -11.5% | 0.07% | 1.94% | 2.46% | 3.38% |
| Earnings before Tax (EBT) 1 | - | -953.8 | -2,573 | -148.4 | -133.6 | 204.2 |
| Net income 1 | -470.6 | -1,325 | -2,468 | -156.2 | -134 | 163.4 |
| Net margin | - | -17.03% | -25.01% | -1.21% | -0.83% | 0.8% |
| EPS 2 | -94.51 | -13.76 | -15.16 | - | -0.8300 | 1.030 |
| Free Cash Flow | - | -1,092 | 819.8 | - | - | - |
| FCF margin | - | -14.03% | 8.31% | - | - | - |
| FCF Conversion (EBITDA) | - | - | 198.84% | - | - | - |
| FCF Conversion (Net income) | - | - | - | - | - | - |
| Dividend per Share 2 | - | - | - | - | - | - |
| Announcement Date | 5/28/21 | 3/10/22 | 3/13/23 | 3/12/24 | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 1,962 | 2,436 | 2,207 | 2,146 | 2,536 | 2,981 | 2,872 | 2,964 | 3,651 | 3,719 | 4,069 | 4,703 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - |
| EBIT 1 | -28.51 | -125.9 | -134.8 | -42.28 | 10.77 | 34.56 | - | - | 80.22 | 84.4 | 101.5 | 130 |
| Operating Margin | -1.45% | -5.17% | -6.11% | -1.97% | 0.42% | 1.16% | - | - | 2.2% | 2.27% | 2.49% | 2.76% |
| Earnings before Tax (EBT) 1 | - | - | - | - | - | - | - | - | -82.21 | -38.1 | -20.9 | 7.6 |
| Net income 1 | - | - | - | - | - | - | - | - | -92.86 | -30.5 | -16.7 | 6.1 |
| Net margin | - | - | - | - | - | - | - | - | -2.54% | -0.82% | -0.41% | 0.13% |
| EPS 2 | - | -0.6300 | -0.9900 | -0.7800 | -0.1900 | - | - | - | -0.5800 | -0.1900 | -0.1000 | 0.0400 |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 11/18/21 | 3/10/22 | 5/24/22 | 8/24/22 | 11/22/22 | 3/13/23 | 5/23/23 | 8/23/23 | 5/20/24 | - | - | - |
1CNY in Million2CNY
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Net Debt | - | - | - | - | - | - |
| Net Cash position | - | 1,261 | 1,580 | - | - | - |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - |
| Free Cash Flow | - | -1,092 | 820 | - | - | - |
| ROE (net income / shareholders' equity) | - | -27.9% | -24% | - | - | - |
| ROA (Net income/ Total Assets) | - | -2.65% | -39.3% | - | - | - |
| Assets 1 | - | 49,970 | 6,276 | - | - | - |
| Book Value Per Share | - | 66.70 | - | - | - | - |
| Cash Flow per Share | - | - | - | - | - | - |
| Capex | - | 73.9 | 61.5 | - | - | - |
| Capex / Sales | - | 0.95% | 0.62% | - | - | - |
| Announcement Date | 5/28/21 | 3/10/22 | 3/13/23 | 3/12/24 | - | - |
1CNY in Million
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Sell
Buy
Mean consensus
BUY
Number of Analysts
1
Last Close Price
16.73
CNY
Average target price
22.77
CNY
Spread / Average Target
+36.13%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +20.31% | 507M | |
| +18.96% | 1,881B | |
| +4.78% | 46.22B | |
| +38.05% | 39.96B | |
| +20.03% | 10.76B | |
| -0.84% | 7.46B | |
| -25.21% | 7.09B | |
| +14.74% | 6.89B | |
| -3.36% | 5.78B | |
| +4.06% | 5.07B |
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- Financials ATRenew Inc.
