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Side-by-side financial comparison of RING ENERGY, INC. (REI) and ATRenew Inc. (RERE). Click either name above to swap in a different company.

RING ENERGY, INC. is the larger business by last-quarter revenue ($66.9M vs $43.2M, roughly 1.5× ATRenew Inc.).

Siemens Energy AG is a German publicly traded energy corporation formed through the spin-off of the former Gas and Power division of Siemens, and it includes full ownership of Siemens Gamesa.

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.

REI vs RERE — Head-to-Head

Bigger by revenue
REI
REI
1.5× larger
REI
$66.9M
$43.2M
RERE

Income Statement — Q4 FY2025 vs Q1 FY2023

Metric
REI
REI
RERE
RERE
Revenue
$66.9M
$43.2M
Net Profit
$7.3M
Gross Margin
Operating Margin
-37.6%
Net Margin
16.9%
Revenue YoY
-19.8%
Net Profit YoY
EPS (diluted)
$-0.07

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
REI
REI
RERE
RERE
Q4 25
$66.9M
Q3 25
$78.6M
Q2 25
$82.6M
Q1 25
$79.1M
Q4 24
$83.4M
Q3 24
$89.2M
Q2 24
$99.1M
Q1 24
$94.5M
Net Profit
REI
REI
RERE
RERE
Q4 25
Q3 25
$-51.6M
Q2 25
$20.6M
Q1 25
$9.1M
Q4 24
Q3 24
$33.9M
Q2 24
$22.4M
Q1 24
$5.5M
Operating Margin
REI
REI
RERE
RERE
Q4 25
-37.6%
Q3 25
-70.0%
Q2 25
28.4%
Q1 25
28.3%
Q4 24
28.3%
Q3 24
33.4%
Q2 24
42.2%
Q1 24
39.8%
Net Margin
REI
REI
RERE
RERE
Q4 25
Q3 25
-65.7%
Q2 25
25.0%
Q1 25
11.5%
Q4 24
Q3 24
38.0%
Q2 24
22.6%
Q1 24
5.8%
EPS (diluted)
REI
REI
RERE
RERE
Q4 25
$-0.07
Q3 25
$-0.25
Q2 25
$0.10
Q1 25
$0.05
Q4 24
$0.03
Q3 24
$0.17
Q2 24
$0.11
Q1 24
$0.03

Balance Sheet & Financial Strength

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

Metric
REI
REI
RERE
RERE
Cash + ST InvestmentsLiquidity on hand
$902.9K
$228.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$836.3M
$557.1M
Total Assets
$1.4B
$722.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
REI
REI
RERE
RERE
Q4 25
$902.9K
Q3 25
$286.9K
Q2 25
Q1 25
$1.1M
Q4 24
$1.9M
Q3 24
Q2 24
$1.2M
Q1 24
$1.4M
Stockholders' Equity
REI
REI
RERE
RERE
Q4 25
$836.3M
Q3 25
$847.7M
Q2 25
$897.9M
Q1 25
$876.0M
Q4 24
$858.6M
Q3 24
$851.3M
Q2 24
$817.4M
Q1 24
$793.0M
Total Assets
REI
REI
RERE
RERE
Q4 25
$1.4B
Q3 25
$1.4B
Q2 25
$1.5B
Q1 25
$1.5B
Q4 24
$1.4B
Q3 24
$1.4B
Q2 24
$1.4B
Q1 24
$1.4B

Cash Flow & Capital Efficiency

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

Metric
REI
REI
RERE
RERE
Operating Cash FlowLast quarter
$44.7M
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
REI
REI
RERE
RERE
Q4 25
$44.7M
Q3 25
$44.5M
Q2 25
$33.3M
Q1 25
$28.4M
Q4 24
$47.3M
Q3 24
$51.3M
Q2 24
$50.6M
Q1 24
$45.2M
Cash Conversion
REI
REI
RERE
RERE
Q4 25
Q3 25
Q2 25
1.61×
Q1 25
3.11×
Q4 24
Q3 24
1.52×
Q2 24
2.26×
Q1 24
8.19×

Financial Flow Comparison

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

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