Mar. 20 at 8:02 AM
ATRenew (
$RERE) could be an interesting one
With the market cap is
$1.141B, and keeping the intrinsic value of the company, Rere is actually objectively worth to me. For the big picture with my own gaudge, RERE holds smth. Consistently at 25% growth for a strong top-line engine. The profitability inflection is noted by the rising EPS. The gross margin is 13.4% (up from 11.7% YoY), a controlled inventory + resale model, which structurally lifts margins, yeah its proving guys. Operating income growth also increases 385% YoY, its being absorbed at scale.
In short, it's much smarter to make your own mistakes. The information you get is much more valuable than losses you make, whatever your portfolio is. Do not leverage, though.
#ATRenew #RERE
