Financial Statements — RERE
Balance Sheet
(in billions CNY)| Metric | FY
2025 | FY
2024 | FY
2023 | FY
2022 | FY
2021 |
|---|
| Cash & Equivalents | 1.54 | 0.27 | 0.28 | 0.25 | 1.36 |
| Short-term Investments | 0.27 | 0.58 | 0.06 | 0.78 | 0.08 |
| Accounts Receivable | 0.02 | 0.06 | 0.06 | 0.15 | -- |
| Inventory | 1.07 | 0.54 | 1.02 | 0.06 | 0.48 |
| Total Current Assets | 0.68 | 4.17 | 0.64 | 3.89 | 0.65 |
| Property, Plant & Equipment | 0.03 | 0.16 | 0.15 | 0.02 | 0.10 |
| Goodwill | -- | -- | -- | 1.80 | 1.80 |
| Intangible Assets | 0.01 | 0.06 | 0.27 | 0.54 | 1.08 |
| Total Non-current Assets | 0.18 | 0.92 | 0.97 | 1.16 | 0.53 |
| Total Assets | 5.97 | 0.70 | 5.49 | 5.05 | 1.18 |
| Accounts Payable | 0.34 | 0.17 | 0.53 | 0.01 | 0.04 |
| Short-term Debt | 0.05 | 0.23 | 0.05 | 0.02 | 0.01 |
| Total Current Liabilities | 0.27 | 1.31 | 1.69 | 0.15 | 0.82 |
| Long-term Debt | -- | -- | -- | -- | 0.03 |
| Total Non-current Liabilities | 0.07 | 0.09 | 0.09 | 0.14 | 0.04 |
| Total Liabilities | 0.28 | 1.40 | 1.78 | 1.17 | 1.08 |
| Retained Earnings | (1.26) | (9.17) | (9.16) | (1.31) | (6.54) |
| Total Stockholder Equity | 0.57 | 0.51 | 3.71 | 3.88 | 1.01 |
Income Statement
(in billions CNY) (except per-share rows)| Metric | FY
2025 | FY
2024 | FY
2023 | FY
2022 | FY
2021 |
|---|
| Research & Development | 0.24 | -- | -- | -- | -- |
| Selling, General & Admin | 0.28 | 0.31 | 0.27 | 0.23 | 0.43 |
| Total Operating Expenses | -- | -- | -- | -- | 8.70 |
| Operating Income | 0.07 | 0.03 | (0.02) | (2.62) | (0.90) |
| Interest Expense | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 |
| Pretax Income | 0.07 | -0.00 | (0.15) | (2.57) | (0.95) |
| Tax Provision | 0.01 | (0.06) | (0.01) | (0.11) | (0.14) |
| Net Income | 0.34 | (0.01) | (0.16) | (2.47) | (0.13) |
| Basic EPS | 2.08 | (0.05) | (0.14) | (15.16) | -- |
| Diluted EPS | 2.07 | (0.05) | (0.96) | (2.20) | -- |
Cash Flow Statement
(in billions CNY)| Metric | FY
2025 | FY
2024 | FY
2023 | FY
2022 | FY
2021 |
|---|
| Operating Cash Flow | (0.06) | 0.64 | 0.24 | 0.13 | (1.02) |
| Capital Expenditures | 0.14 | 0.06 | 0.01 | 0.06 | 0.01 |
| Free Cash Flow* | (0.20) | 0.58 | 0.23 | 0.07 | (1.03) |
| Investing Cash Flow | (0.14) | (0.42) | 0.02 | (0.07) | (0.67) |
| Financing Cash Flow | (0.01) | (0.31) | 0.07 | (0.19) | 2.29 |
* Derived from reported values
