# ATRenew Inc DRC (RERE.US)

Canonical: https://gigainvestors.com/s/RERE

Analysis as of: 2026-10-16T07:31:31.345Z. 

Listing currency: USD. Reporting currency: CNY.

## Verdict

Not enough history yet

Quality tests for Buy: not passed (profit record: fail; earnings resilience is evidence only). Published buy qualification: no.

Share price: $3.94 per share; close as of 2026-10-15.

## Checklist

### understandable: na

### moat: na

### economics: na

### management: na

### accounting: na

## Holders

- [Chase Coleman](https://gigainvestors.com/TGM): tracked 13F investor; follow the investor page for holding quarter and amounts.

## Price story

Down 50% since Oct 2021

Story as of 2026-10-16T10:01:29.404Z; price observation 2026-10-15.

## Owner memo

Memo as of 2026-10-16T08:06:05.509Z.

### How it makes money

Operates in internet retail; annual sales are CNY 20.5 billion.

- Source: https://www.sec.gov/Archives/edgar/data/1838957/000119312526146260/rere-20251231.htm (filed 2026-04-08); FY2025: revenue 20474799793; grossProfit 2516085709; margin = grossProfit / revenue.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-15); RERE.US: ATRenew Inc., together with its subsidiaries, sell pre-owned consumer electronics through its online platforms and other channels in the People's Republic of China. It provides services to third-party merchants to sell the products through its platforms. ATRenew Inc. was formerly known as AiHuiShou International Co. Ltd. and changed its name to ATRenew Inc. November 2021. The company was incorporated in 2011 and is headquartered in Shanghai, the People's Republic of China.

### Why customers stay

Margins ranged from 12.3% to 20.3% during 2023–25.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-04-08); FY2023: grossProfit / revenue = 20.3%.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-04-08); FY2024: grossProfit / revenue = 19.9%.

- Source: https://www.sec.gov/Archives/edgar/data/1838957/000119312526146260/rere-20251231.htm (filed 2026-04-08); FY2025: grossProfit / revenue = 12.3%.

### Where the cash goes

Spends 7.4% of cash earnings on expansion; paid no dividends in 5 years.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-04-08); FY2023: growth capex 0; upkeep 85183000; cash acquisitions 0; owner earnings 92298000. Growth capex plus acquisitions / owner earnings = 0.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-04-08); FY2024: growth capex 0; upkeep 59857000; cash acquisitions 0; owner earnings 198977000. Growth capex plus acquisitions / owner earnings = 0.

- Source: https://www.sec.gov/Archives/edgar/data/1838957/000119312526146260/rere-20251231.htm (filed 2026-04-08); FY2025: growth capex 24053117; upkeep 116296000; owner earnings 327125883. Growth capex / owner earnings = 0.07352862689865479.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-04-08); Dividend observations: [[2021,0],[2022,0],[2023,0],[2024,0],[2025,0]]. Zero only counted when supported by a complete cash-flow statement.

- Source: https://www.sec.gov/Archives/edgar/data/1838957/000119312526146260/rere-20251231.htm (filed 2026-04-08); FY2025: cash repurchases 89760006 CNY.

### Are managers owners

Insiders own 9.7% of the company.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-15); RERE.US SharesStats.PercentInsiders = 9.746 percentage points; cache date 2026-10-15.

### What the price says

The price is 0.2 times annual sales.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-04-08); Closing price 3.94 USD; reporting-to-trading FX 0.14944; FY2025 annual sales per share 126.2381356602366; price multiple 0.2088520732807979. FY2025 cash earnings/share 2.01690673479733. Closing-price date 2026-10-15.

## Monthly share-price history (USD per share)

- 2021-06: $14.95 per share

- 2021-07: $11.00 per share

- 2021-08: $9.23 per share

- 2021-09: $10.03 per share

- 2021-10: $7.88 per share

- 2021-11: $6.99 per share

- 2021-12: $5.94 per share

- 2022-01: $6.40 per share

- 2022-02: $4.46 per share

- 2022-03: $3.54 per share

- 2022-04: $2.84 per share

- 2022-05: $3.00 per share

- 2022-06: $2.99 per share

- 2022-07: $2.54 per share

- 2022-08: $2.99 per share

- 2022-09: $2.30 per share

- 2022-10: $1.65 per share

- 2022-11: $1.72 per share

- 2022-12: $2.89 per share

- 2023-01: $2.79 per share

- 2023-02: $2.49 per share

- 2023-03: $3.05 per share

- 2023-04: $2.20 per share

- 2023-05: $2.79 per share

- 2023-06: $2.92 per share

- 2023-07: $3.06 per share

- 2023-08: $2.26 per share

- 2023-09: $2.28 per share

- 2023-10: $1.47 per share

- 2023-11: $1.79 per share

- 2023-12: $1.92 per share

- 2024-01: $1.08 per share

- 2024-02: $1.18 per share

- 2024-03: $1.76 per share

- 2024-04: $2.08 per share

- 2024-05: $2.31 per share

- 2024-06: $2.37 per share

- 2024-07: $2.68 per share

- 2024-08: $2.37 per share

- 2024-09: $2.78 per share

- 2024-10: $2.38 per share

- 2024-11: $3.29 per share

- 2024-12: $2.88 per share

- 2025-01: $2.65 per share

- 2025-02: $2.83 per share

- 2025-03: $2.94 per share

- 2025-04: $2.47 per share

- 2025-05: $2.58 per share

- 2025-06: $3.31 per share

- 2025-07: $3.18 per share

- 2025-08: $4.72 per share

- 2025-09: $4.60 per share

- 2025-10: $3.87 per share

- 2025-11: $4.54 per share

- 2025-12: $5.30 per share

- 2026-01: $5.88 per share

- 2026-02: $5.79 per share

- 2026-03: $4.69 per share

- 2026-04: $4.51 per share

- 2026-05: $4.65 per share

- 2026-06: $3.87 per share

- 2026-07: $4.24 per share

- 2026-08: $4.12 per share

- 2026-09: $3.73 per share

- 2026-10: $3.94 per share

## Annual estimated value (USD per share)

Historical values use today's bond yield for every fiscal year

Historical values use today's FX rate into trading currency for every fiscal year

Historical values use current restated fundamentals and current commodity classification; they are not point-in-time estimates

## Sources

[Original 20-F filing](https://www.sec.gov/Archives/edgar/data/1838957/000119312526146260/rere-20251231.htm); period 2025-12-31, filed 2026-04-08.

Estimates depend on assumptions and are not guarantees or investment advice. Underlying data remains subject to its source licenses; public reading does not grant bulk redistribution rights.

## Reported holder observations

- [Chase Coleman](https://gigainvestors.com/TGM): 9,831,218 RERE shares; USD 38,047,000 reported position value; 0.16% of portfolio; hold; quarter 2026 Q2.

# RERE — AiHuiShou International Co. Ltd. ADS

Held by 1 investor · USD 38,047,000 total · 2026 Q2 · reported price USD 3.87 (split-adjusted).
Page: https://gigainvestors.com/s/RERE

## Holders (2026 Q2)

| Investor | Value | % of their portfolio | This quarter |
|---|---:|---:|---|
| Chase Coleman (https://gigainvestors.com/TGM) | USD 38,047,000 | 0.2% | hold |

## Total held by quarter

- 2021 Q2: USD 41,112,500 · 1 holder · USD 14.95
- 2021 Q3: USD 17,965,666 · 1 holder · USD 10.03
- 2021 Q4: USD 98,811,264 · 1 holder · USD 5.94
- 2022 Q1: USD 52,987,722 · 1 holder · USD 3.54
- 2022 Q2: USD 42,969,942 · 1 holder · USD 2.99
- 2022 Q3: USD 33,053,801 · 1 holder · USD 2.30
- 2022 Q4: USD 33,180,720 · 1 holder · USD 2.89
- 2023 Q1: USD 35,017,715 · 1 holder · USD 3.05
- 2023 Q2: USD 33,525,157 · 1 holder · USD 2.92
- 2023 Q3: USD 26,177,177 · 1 holder · USD 2.28
- 2023 Q4: USD 22,043,939 · 1 holder · USD 1.92
- 2024 Q1: USD 20,206,944 · 1 holder · USD 1.76
- 2024 Q2: USD 27,210,487 · 1 holder · USD 2.37
- 2024 Q3: USD 31,917,786 · 1 holder · USD 2.78
- 2024 Q4: USD 33,065,908 · 1 holder · USD 2.88
- 2025 Q1: USD 33,754,781 · 1 holder · USD 2.94
- 2025 Q2: USD 32,541,332 · 1 holder · USD 3.31
- 2025 Q3: USD 45,223,603 · 1 holder · USD 4.60
- 2025 Q4: USD 52,105,455 · 1 holder · USD 5.30
- 2026 Q1: USD 46,108,412 · 1 holder · USD 4.69
- 2026 Q2: USD 38,047,000 · 1 holder · USD 3.87