RERE (RERE) financial statements
Net income was 336M CNY.
Free cash flow was -559M CNY, and the company returned 92M CNY in net buybacks.
The diluted share count rose 764% over the period (dilution).
Income statement
Fiscal years, in CNY, from RERE's 10-K filings with the SEC.
| Fiscal year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Research and development | — | — | — | — | 196M CNY | 210M CNY | 244M CNY |
| Selling, general and admin | 708M CNY | 918M CNY | 1.6B CNY | 1.8B CNY | 1.5B CNY | 1.7B CNY | 1.9B CNY |
| Operating income | -732M CNY | -459M CNY | -895M CNY | -2.6B CNY | -173M CNY | 29M CNY | 456M CNY |
| Interest expense | 12M CNY | 21M CNY | 17M CNY | 6M CNY | 7M CNY | 15M CNY | 6M CNY |
| Pre-tax income | -733M CNY | -510M CNY | -954M CNY | -2.6B CNY | -148M CNY | -442,000 CNY | 460M CNY |
| Income tax | -30M CNY | -47M CNY | -144M CNY | -112M CNY | -43M CNY | -57M CNY | 57M CNY |
| Net income | -705M CNY | -471M CNY | -817M CNY | -2.5B CNY | -156M CNY | -8M CNY | 336M CNY |
| EPS (diluted) | -84.27 CNY | -94.51 CNY | -13.76 CNY | -15.16 CNY | -0.96 CNY | -0.05 CNY | 2.07 CNY |
| Diluted shares | 19M | 19M | 96M | 163M | 162M | 162M | 162M |
Balance sheet
Fiscal years, in CNY, from RERE's 10-K filings with the SEC.
| Fiscal year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Cash and short-term investments | 411M CNY | 1.0B CNY | 1.9B CNY | 2.5B CNY | 2.4B CNY | 2.6B CNY | 1.8B CNY |
| Receivables | — | — | 17M CNY | 151M CNY | 57M CNY | 59M CNY | 132M CNY |
| Inventory | — | 177M CNY | 479M CNY | 433M CNY | 1.0B CNY | 535M CNY | 1.1B CNY |
| Total current assets | — | 1.9B CNY | 4.2B CNY | 3.9B CNY | 4.5B CNY | 4.2B CNY | 4.7B CNY |
| Property, plant and equipment | — | 70M CNY | 104M CNY | 119M CNY | 148M CNY | 157M CNY | 239M CNY |
| Goodwill | — | 1.8B CNY | 1.8B CNY | — | — | — | — |
| Total assets | — | 5.2B CNY | 7.5B CNY | 5.0B CNY | 5.5B CNY | 5.1B CNY | 6.0B CNY |
| Total current liabilities | — | 1.2B CNY | 825M CNY | 1.0B CNY | 1.7B CNY | 1.3B CNY | 1.9B CNY |
| Long-term debt | — | 33M CNY | — | — | — | — | — |
| Total liabilities | — | 1.6B CNY | 1.1B CNY | 1.2B CNY | 1.8B CNY | 1.4B CNY | 2.0B CNY |
| Shareholders' equity | -3.4B CNY | -5.2B CNY | 6.4B CNY | 3.9B CNY | 3.7B CNY | 3.7B CNY | 4.0B CNY |
| Net debt | -411M CNY | -885M CNY | -1.4B CNY | -1.7B CNY | -2.0B CNY | -2.0B CNY | -1.5B CNY |
Cash flow
Fiscal years, in CNY, from RERE's 10-K filings with the SEC.
| Fiscal year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Operating cash flow | -411M CNY | -413M CNY | -1.0B CNY | 881M CNY | 244M CNY | 643M CNY | -415M CNY |
| Capital spending | 103M CNY | 38M CNY | 74M CNY | 61M CNY | 85M CNY | 60M CNY | 144M CNY |
| Free cash flow | -514M CNY | -451M CNY | -1.1B CNY | 820M CNY | 159M CNY | 583M CNY | -559M CNY |
| Stock-based compensation | — | — | 455M CNY | 174M CNY | 134M CNY | 167M CNY | 53M CNY |
| Share buybacks (net) | — | — | — | -218M CNY | -160M CNY | -184M CNY | -92M CNY |
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How much free cash flow does RERE generate?
-559M CNY in fiscal 2025 (operating cash flow minus capital spending).
From RERE's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.