ATRenew Inc. (RERE) Stock
ATRenew Inc., operating through its various subsidiaries, oversees a comprehensive platform in the People's Republic of China dedicated to the exchange and support of used consumer electronic devices. The company primarily engages in the resale of a diverse range of products, including smartphones, laptop computers, tablets, unmanned aerial vehicles, digital cameras, household items, and bags.
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About ATRenew Inc.
ATRenew Inc., operating through its various subsidiaries, oversees a comprehensive platform in the People's Republic of China dedicated to the exchange and support of used consumer electronic devices. The company primarily engages in the resale of a diverse range of products, including smartphones, laptop computers, tablets, unmanned aerial vehicles, digital cameras, household items, and bags. These goods are distributed both via its digital online portals and through a network of physical retail establishments. Furthermore, ATRenew offers its platform as a service to independent merchants, facilitating their sale of products. By December 31, 2021, the company had established a significant presence, managing 1,287 AHS stores and 21 Paipai stores across 214 urban centers. Initially founded in 2011 as AiHuiShou International Co. Ltd., the enterprise adopted its current name, ATRenew Inc., in November 2021. Its principal corporate office is situated in Shanghai, China.
ATRenew Inc. is headquartered in CN.
ATRenew Inc. (RERE) stock trades at $3.95 with a market capitalization of $1.43B. The stock is valued at a price-to-earnings (P/E) ratio of 20.56, price-to-book of 2.46, price-to-sales of 0.43. Over the past 52 weeks the stock has ranged between $3.07 and $6.47, and currently trades 38.9% below its 52-week high. It pays a dividend yielding 10.13%.
On profitability, ATRenew Inc. generates a return on equity (ROE) of 10.99%, return on capital employed of 14.24%, an operating margin of 2.52%, a net profit margin of 1.90%.
Official website: www.atrenew.com