ATRenew Net Tangible Assets vs Property Plant Equipment Analysis

RERE Stock  USD 2.31  0.07  2.94%   
ATRenew financial indicator trend analysis is way more than just evaluating ATRenew Inc DRC prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ATRenew Inc DRC is a good investment. Please check the relationship between ATRenew Net Tangible Assets and its Property Plant Equipment accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ATRenew Inc DRC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Net Tangible Assets vs Property Plant Equipment

Net Tangible Assets vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ATRenew Inc DRC Net Tangible Assets account and Property Plant Equipment. At this time, the significance of the direction appears to have strong relationship.
The correlation between ATRenew's Net Tangible Assets and Property Plant Equipment is 0.72. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of ATRenew Inc DRC, assuming nothing else is changed. The correlation between historical values of ATRenew's Net Tangible Assets and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of ATRenew Inc DRC are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Net Tangible Assets i.e., ATRenew's Net Tangible Assets and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.72
Relationship DirectionPositive 
Relationship StrengthSignificant

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Property Plant Equipment

Most indicators from ATRenew's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ATRenew Inc DRC current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ATRenew Inc DRC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
At present, ATRenew's Enterprise Value Multiple is projected to increase significantly based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Gross Profit2.0B2.3B2.6B1.7B
Total Revenue7.8B9.9B13.0B7.8B

ATRenew fundamental ratios Correlations

-0.140.870.740.640.820.350.880.79-0.69-0.850.440.70.840.50.610.760.88-0.41-0.39-0.030.690.40.510.130.39
-0.140.00.22-0.710.22-0.72-0.45-0.630.460.23-0.02-0.270.12-0.54-0.31-0.38-0.510.060.460.75-0.19-0.33-0.680.77-0.42
0.870.00.920.580.660.390.740.73-0.8-0.950.590.870.590.690.80.880.7-0.50.0-0.090.780.440.550.10.49
0.740.220.920.480.540.360.650.53-0.74-0.860.750.840.430.460.790.790.54-0.60.21-0.090.830.290.490.10.58
0.64-0.710.580.480.130.930.890.92-0.91-0.760.560.820.180.640.760.850.88-0.5-0.4-0.790.770.250.97-0.670.81
0.820.220.660.540.13-0.190.510.33-0.23-0.560.240.250.960.170.290.320.49-0.29-0.180.490.370.46-0.010.640.0
0.35-0.720.390.360.93-0.190.690.76-0.86-0.620.60.75-0.180.590.750.750.65-0.54-0.18-0.940.730.150.98-0.840.89
0.88-0.450.740.650.890.510.690.89-0.83-0.820.550.80.560.520.70.840.96-0.46-0.46-0.450.780.360.79-0.310.67
0.79-0.630.730.530.920.330.760.89-0.88-0.810.360.840.410.770.70.910.95-0.3-0.5-0.550.660.330.85-0.450.58
-0.690.46-0.8-0.74-0.91-0.23-0.86-0.83-0.880.93-0.73-0.95-0.2-0.76-0.94-0.96-0.790.650.090.66-0.9-0.34-0.940.48-0.85
-0.850.23-0.95-0.86-0.76-0.56-0.62-0.82-0.810.93-0.73-0.9-0.48-0.73-0.93-0.93-0.780.680.020.34-0.91-0.47-0.750.12-0.71
0.44-0.020.590.750.560.240.60.550.36-0.73-0.730.660.070.270.850.590.37-0.950.37-0.440.930.240.64-0.190.9
0.7-0.270.870.840.820.250.750.80.84-0.95-0.90.660.220.740.880.980.75-0.51-0.06-0.540.850.280.84-0.390.74
0.840.120.590.430.180.96-0.180.560.41-0.2-0.480.070.220.140.160.310.59-0.11-0.430.460.270.350.00.56-0.09
0.5-0.540.690.460.640.170.590.520.77-0.76-0.730.270.740.140.730.820.55-0.220.01-0.440.490.620.67-0.360.44
0.61-0.310.80.790.760.290.750.70.7-0.94-0.930.850.880.160.730.870.6-0.790.22-0.540.930.490.82-0.320.87
0.76-0.380.880.790.850.320.750.840.91-0.96-0.930.590.980.310.820.870.81-0.47-0.14-0.520.810.380.85-0.380.7
0.88-0.510.70.540.880.490.650.960.95-0.79-0.780.370.750.590.550.60.81-0.34-0.63-0.420.670.240.76-0.310.53
-0.410.06-0.5-0.6-0.5-0.29-0.54-0.46-0.30.650.68-0.95-0.51-0.11-0.22-0.79-0.47-0.34-0.320.38-0.88-0.21-0.580.11-0.83
-0.390.460.00.21-0.4-0.18-0.18-0.46-0.50.090.020.37-0.06-0.430.010.22-0.14-0.63-0.320.130.080.23-0.210.210.13
-0.030.75-0.09-0.09-0.790.49-0.94-0.45-0.550.660.34-0.44-0.540.46-0.44-0.54-0.52-0.420.380.13-0.5-0.01-0.870.96-0.78
0.69-0.190.780.830.770.370.730.780.66-0.9-0.910.930.850.270.490.930.810.67-0.880.08-0.50.280.8-0.260.9
0.4-0.330.440.290.250.460.150.360.33-0.34-0.470.240.280.350.620.490.380.24-0.210.23-0.010.280.230.070.23
0.51-0.680.550.490.97-0.010.980.790.85-0.94-0.750.640.840.00.670.820.850.76-0.58-0.21-0.870.80.23-0.730.89
0.130.770.10.1-0.670.64-0.84-0.31-0.450.480.12-0.19-0.390.56-0.36-0.32-0.38-0.310.110.210.96-0.260.07-0.73-0.59
0.39-0.420.490.580.810.00.890.670.58-0.85-0.710.90.74-0.090.440.870.70.53-0.830.13-0.780.90.230.89-0.59
Click cells to compare fundamentals

ATRenew Account Relationship Matchups

ATRenew fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.8B5.2B7.5B5.0B5.5B5.4B
Short Long Term Debt Total361.6M595.7M165.4M157.5M405.9M269.3M
Other Current Liab332.1M559.4M440.4M629.6M656.0M514.0M
Total Current Liabilities755.1M1.2B824.7M1.0B1.7B1.1B
Total Stockholder Equity(3.4B)(5.2B)6.4B3.9B3.7B3.9B
Other Liab389.3M342.0M223.1M111.3M128.0M235.2M
Net Tangible Assets(6.9B)(8.4B)3.5B3.3B3.8B4.0B
Property Plant And Equipment Net99.2M69.6M173.5M118.6M148.2M124.0M
Current Deferred Revenue25.6M33.9M212.0M195.4M119.7M112.7M
Net Debt(49.2M)(322.4M)(1.2B)(1.5B)(1.6B)(1.5B)
Retained Earnings(3.4B)(5.2B)(6.5B)(9.0B)(9.2B)(9.6B)
Accounts Payable35.7M27.2M41.3M73.3M532.3M558.9M
Cash410.8M918.1M1.4B1.7B2.0B1.3B
Non Current Assets Total3.7B3.4B3.4B1.2B966.4M1.7B
Non Currrent Assets Other15.6M14.5M57.7M275.7M80.4M83.8M
Other Assets15.6M14.5M57.7M197.3M226.9M238.2M
Cash And Short Term Investments536.4M1.0B1.9B2.5B2.4B1.6B
Net Receivables493.0M476.0M1.7B970.9M910.3M884.4M
Short Term Investments125.6M97.9M510.5M782.2M410.5M353.2M
Liabilities And Stockholders Equity4.8B5.2B7.5B5.0B5.5B5.4B
Non Current Liabilities Total7.5B9.3B257.6M144.8M90.2M85.6M
Inventory65.6M177.0M478.8M433.5M1.0B1.1B
Other Current Assets474.8M27.7M65.9M431.8M210M240.3M
Other Stockholder Equity(7.1B)(8.9B)13.0B12.9B12.9B13.5B
Total Liab8.2B10.4B1.1B1.2B1.8B3.4B
Net Invested Capital(3.1B)(4.6B)130.9M124.0M4.1B4.3B
Long Term Investments89.3M96.4M241.5M219.6M467.1M490.4M
Property Plant And Equipment Gross99.2M69.6M173.5M284.8M348.0M191.1M
Short Long Term Debt361.6M563.1M130.9M124.0M349.9M248.4M
Total Current Assets1.1B1.9B4.2B3.9B4.5B3.0B
Accumulated Other Comprehensive Income(358K)2.1M4.3M(25.7M)(16.8M)(16.0M)
Net Working Capital339.8M691.1M3.3B2.9B2.8B1.9B
Short Term Debt361.6M563.1M130.9M124.0M383.4M252.9M
Intangible Assets1.7B1.4B1.1B544.7M270.6M257.1M
Property Plant Equipment99.2M69.6M173.5M197.1M226.6M133.5M

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When determining whether ATRenew Inc DRC is a strong investment it is important to analyze ATRenew's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ATRenew's future performance. For an informed investment choice regarding ATRenew Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ATRenew Inc DRC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..

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Is ATRenew's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ATRenew. If investors know ATRenew will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ATRenew listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.12)
Revenue Per Share
53.304
Quarterly Revenue Growth
0.299
Return On Assets
(0.02)
Return On Equity
(0.04)
The market value of ATRenew Inc DRC is measured differently than its book value, which is the value of ATRenew that is recorded on the company's balance sheet. Investors also form their own opinion of ATRenew's value that differs from its market value or its book value, called intrinsic value, which is ATRenew's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ATRenew's market value can be influenced by many factors that don't directly affect ATRenew's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ATRenew's value and its price as these two are different measures arrived at by different means. Investors typically determine if ATRenew is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ATRenew's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.