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Side-by-side financial comparison of NEW ENGLAND REALTY ASSOCIATES LIMITED PARTNERSHIP (NEN) 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 $23.6M, roughly 1.8× NEW ENGLAND REALTY ASSOCIATES LIMITED PARTNERSHIP). ATRenew Inc. runs the higher net margin — 16.9% vs -677.3%, a 694.2% gap on every dollar of revenue.

New England Realty Associates Limited Partnership is a real estate investment entity that owns, operates and manages residential and commercial properties primarily across the U.S. New England region. Its core assets include multifamily apartments, mixed-use properties and small commercial spaces, serving tenants across Massachusetts, New Hampshire and adjacent states, delivering steady returns to unitholders via rental income and property value growth.

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.

NEN vs RERE — Head-to-Head

Bigger by revenue
RERE
RERE
1.8× larger
RERE
$43.2M
$23.6M
NEN
Higher net margin
RERE
RERE
694.2% more per $
RERE
16.9%
-677.3%
NEN

Income Statement — Q4 FY2025 vs Q1 FY2023

Metric
NEN
NEN
RERE
RERE
Revenue
$23.6M
$43.2M
Net Profit
$-1.4M
$7.3M
Gross Margin
Operating Margin
14.0%
Net Margin
-677.3%
16.9%
Revenue YoY
15.7%
Net Profit YoY
-133.0%
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.

Revenue
NEN
NEN
RERE
RERE
Q4 25
$23.6M
Q3 25
$23.7M
Q2 25
$21.2M
Q1 25
$20.7M
Q4 24
$20.4M
Q3 24
$20.2M
Q2 24
$20.1M
Q1 24
$19.9M
Net Profit
NEN
NEN
RERE
RERE
Q4 25
$-1.4M
Q3 25
$-521.8K
Q2 25
$4.1M
Q1 25
$3.8M
Q4 24
$4.2M
Q3 24
$3.9M
Q2 24
$4.1M
Q1 24
$3.5M
Operating Margin
NEN
NEN
RERE
RERE
Q4 25
14.0%
Q3 25
20.0%
Q2 25
33.3%
Q1 25
30.1%
Q4 24
32.4%
Q3 24
32.0%
Q2 24
32.6%
Q1 24
28.9%
Net Margin
NEN
NEN
RERE
RERE
Q4 25
-677.3%
Q3 25
-2.2%
Q2 25
19.5%
Q1 25
18.3%
Q4 24
20.7%
Q3 24
19.3%
Q2 24
20.3%
Q1 24
17.4%

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
NEN
NEN
RERE
RERE
Cash + ST InvestmentsLiquidity on hand
$26.7M
$228.0M
Total DebtLower is stronger
$531.0M
Stockholders' EquityBook value
$557.1M
Total Assets
$505.3M
$722.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NEN
NEN
RERE
RERE
Q4 25
$26.7M
Q3 25
$13.4M
Q2 25
$16.7M
Q1 25
$30.9M
Q4 24
$17.6M
Q3 24
$15.1M
Q2 24
$13.5M
Q1 24
$28.8M
Total Debt
NEN
NEN
RERE
RERE
Q4 25
$531.0M
Q3 25
$514.2M
Q2 25
$514.3M
Q1 25
$407.8M
Q4 24
$408.6M
Q3 24
$409.3M
Q2 24
$410.0M
Q1 24
$410.7M
Total Assets
NEN
NEN
RERE
RERE
Q4 25
$505.3M
Q3 25
$492.9M
Q2 25
$494.8M
Q1 25
$385.2M
Q4 24
$393.5M
Q3 24
$387.4M
Q2 24
$383.7M
Q1 24
$381.2M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
NEN
NEN
RERE
RERE
Operating Cash FlowLast quarter
$27.7M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NEN
NEN
RERE
RERE
Q4 25
$27.7M
Q3 25
$2.3M
Q2 25
$12.5M
Q1 25
$5.5M
Q4 24
$31.9M
Q3 24
$8.5M
Q2 24
$5.4M
Q1 24
$6.1M
Cash Conversion
NEN
NEN
RERE
RERE
Q4 25
Q3 25
Q2 25
3.02×
Q1 25
1.44×
Q4 24
7.57×
Q3 24
2.17×
Q2 24
1.32×
Q1 24
1.77×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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