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Side-by-side financial comparison of NaaS Technology Inc. (NAAS) and ATRenew Inc. (RERE). Click either name above to swap in a different company.
ATRenew Inc. is the larger business by last-quarter revenue ($43.2M vs $1.3M, roughly 33.7× NaaS Technology Inc.).
NaaS Technology Inc. is a leading electric vehicle energy service provider based in China. It delivers one-stop solutions covering charging network operation, software and hardware support for charging station operators, and value-added services such as charging location search and payment for EV owners, serving both enterprise and individual customers across domestic and select overseas markets.
ATRenew Inc.REREEarnings & Financial Report
ATRenew Inc. operates a leading pre-owned consumer electronics transaction and servicing ecosystem primarily in China. Its core services include end-to-end device recycling, professional quality inspection, certified refurbishment, and resale of smartphones, laptops, tablets and other digital products, serving both individual consumers and enterprise clients across domestic and select Southeast Asian markets.
NAAS vs RERE — Head-to-Head
Income Statement — Q2 2025 vs Q1 2023
| Metric | | |
|---|---|---|
| Revenue | $1.3M | $43.2M |
| Net Profit | — | $7.3M |
| Gross Margin | 96.7% | — |
| Operating Margin | -58.7% | — |
| Net Margin | — | 16.9% |
| Revenue YoY | -95.0% | — |
| Net Profit YoY | — | — |
| EPS (diluted) | — | — |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q2 25 | $1.3M | — | ||
| Q3 24 | $874.1K | — | ||
| Q2 24 | $25.9M | — | ||
| Q1 24 | $1.8M | — | ||
| Q1 23 | — | $43.2M |
| Q2 25 | — | — | ||
| Q3 24 | $-163.4K | — | ||
| Q2 24 | $-50.0M | — | ||
| Q1 24 | $-4.4M | — | ||
| Q1 23 | — | $7.3M |
| Q2 25 | 96.7% | — | ||
| Q3 24 | 56.6% | — | ||
| Q2 24 | 29.2% | — | ||
| Q1 24 | 25.3% | — | ||
| Q1 23 | — | — |
| Q2 25 | -58.7% | — | ||
| Q3 24 | -112.9% | — | ||
| Q2 24 | -144.2% | — | ||
| Q1 24 | -193.9% | — | ||
| Q1 23 | — | — |
| Q2 25 | — | — | ||
| Q3 24 | -18.7% | — | ||
| Q2 24 | -193.3% | — | ||
| Q1 24 | -236.7% | — | ||
| Q1 23 | — | 16.9% |
| Q2 25 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | $-0.02 | — | ||
| Q1 24 | — | — | ||
| Q1 23 | — | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $228.0M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | — | $557.1M |
| Total Assets | — | $722.9M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q2 25 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | $24.7M | — | ||
| Q1 24 | — | — | ||
| Q1 23 | — | $228.0M |
| Q2 25 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | $-33.4M | — | ||
| Q1 24 | — | — | ||
| Q1 23 | — | $557.1M |
| Q2 25 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | $180.2M | — | ||
| Q1 24 | — | — | ||
| Q1 23 | — | $722.9M |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
