RLX Chart
About

RLX Technology Inc., through its subsidiaries, develops, manufactures, and sells e-vapor products in the People's Republic of China and internationally. It serves the product through offline distributors. The company was founded in 2018 and is headquartered in Shenzhen, the People's Republic of China.

Fundamentals
Scroll to Statements
Sector Consumer Defensive Industry Tobacco Market Cap 3.08B
Enterprise Value -5.27B Income 764.28M Sales 3.27B
Book/sh 1.92 Cash/sh 6.97 Dividend Yield 4.13%
Payout 24.34% Employees 381 IPO —
P/E 26.89 Forward P/E 17.63 PEG —
P/S 0.94 P/B 1.26 P/C —
EV/EBITDA -22.56 EV/Sales -1.61 Quick Ratio 8.56
Current Ratio 9.30 Debt/Eq 1.02 LT Debt/Eq —
EPS (ttm) 0.09 EPS next Y 0.14 EPS Growth 21.70%
Revenue Growth 52.20% Earnings 2026-03-13 ROA 0.73%
ROE 4.87% ROIC — Gross Margin 31.95%
Oper. Margin 9.02% Profit Margin 23.35% Shs Outstand 909.73M
Shs Float 447.92M Short Float 0.93% Short Ratio 1.60
Short Interest — 52W High 2.84 52W Low 1.66
Beta 1.12 Avg Volume 2.12M Volume 1.98M
Target Price $2.94 Recom None Prev Close $2.39
Price $2.42 Change 1.26%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$2.94
Mean price target
2. Current target
$2.42
Latest analyst target
3. DCF / Fair value
$7.27
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$2.42
Low
$2.69
High
$3.09
Mean
$2.94

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2025-05-19 main Citigroup Neutral → Neutral $2
2025-03-17 down Citigroup Buy → Neutral $3
2024-03-18 main Citigroup Buy → Buy $3
2023-08-08 init UBS — → Buy $3
2023-03-13 main Citigroup — → Buy $3
2021-11-01 init B of A Securities — → Neutral $6
2021-03-12 init Citigroup — → Buy $20
Insider Transactions

No recent insider transactions.

Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems6.95M21.07M28.67M22.61M
TaxRateForCalcs0.140.090.210.24
NormalizedEBITDA-80.98M-645.81M1.09B2.32B
TotalUnusualItems49.64M245.70M136.53M94.22M
TotalUnusualItemsExcludingGoodwill49.64M245.70M136.53M94.22M
NetIncomeFromContinuingOperationNetMinorityInterest551.84M534.33M1.44B2.02B
ReconciledDepreciation75.80M96.60M164.46M113.55M
ReconciledCostOfRevenue1.72B856.33M2.97B4.85B
EBITDA-31.35M-400.11M1.23B2.41B
EBIT-107.14M-496.71M1.06B2.30B
NetInterestIncome616.39M627.88M180.73M72.41M
InterestIncome616.39M627.88M180.73M72.41M
NormalizedIncome509.15M309.70M1.33B1.95B
NetIncomeFromContinuingAndDiscontinuedOperation551.84M534.33M1.44B2.02B
TotalExpenses2.55B1.74B4.22B6.22B
TotalOperatingIncomeAsReported-107.14M-496.71M1.06B2.30B
DilutedAverageShares1.29B1.34B1.33B1.41B
BasicAverageShares1.23B1.31B1.32B1.40B
DilutedEPS0.430.401.081.44
BasicEPS0.450.411.091.45
DilutedNIAvailtoComStockholders551.84M534.33M1.44B2.02B
NetIncomeCommonStockholders551.84M534.33M1.44B2.02B
NetIncome551.84M534.33M1.44B2.02B
MinorityInterests-12.51M-6.66M32.49M-3.41M
NetIncomeIncludingNoncontrollingInterests564.34M540.99M1.41B2.03B
NetIncomeContinuousOperations564.34M540.99M1.41B2.03B
TaxProvision94.46M50.76M371.58M631.43M
PretaxIncome658.80M591.74M1.78B2.66B
OtherIncomeExpense149.56M460.57M536.17M288.43M
OtherNonOperatingIncomeExpenses99.92M214.87M399.64M194.21M
GainOnSaleOfSecurity49.64M245.70M136.53M94.22M
NetNonOperatingInterestIncomeExpense616.39M627.88M180.73M72.41M
TotalOtherFinanceCost-180.73M-72.41M
InterestIncomeNonOperating616.39M627.88M180.73M72.41M
OperatingIncome-107.14M-496.71M1.06B2.30B
OperatingExpense833.66M884.42M1.24B1.37B
ResearchAndDevelopment88.31M172.69M317.11M179.91M
SellingGeneralAndAdministration745.35M711.74M924.61M1.19B
SellingAndMarketingExpense229.47M213.72M347.80M520.69M
GeneralAndAdministrativeExpense515.89M498.01M576.81M672.75M
OtherGandA515.89M498.01M576.81M672.75M
GrossProfit726.52M387.71M2.31B3.67B
CostOfRevenue1.72B856.33M2.97B4.85B
TotalRevenue2.44B1.24B5.28B8.52B
ExciseTaxes304.05M342.35M52.67M0.00
OperatingRevenue2.59B1.49B5.17B8.36B
Line Item2024-12-312023-12-312022-12-312021-12-31
TreasurySharesNumber352.35M299.19M257.72M230.00M
OrdinarySharesNumber1.22B1.27B1.53B1.57B
ShareIssued1.57B1.57B1.79B1.80B
TotalDebt58.50M53.85M85.92M184.81M
TangibleBookValue15.88B15.47B15.56B13.51B
InvestedCapital16.03B15.61B15.57B13.51B
WorkingCapital8.44B8.32B10.41B11.21B
NetTangibleAssets15.88B15.47B15.56B13.51B
CapitalLeaseObligations18.50M53.85M85.92M184.81M
CommonStockEquity15.99B15.61B15.57B13.51B
TotalCapitalization15.99B15.61B15.57B13.51B
TotalEquityGrossMinorityInterest15.99B15.60B15.54B13.52B
MinorityInterest1.74M-10.98M-28.69M3.80M
StockholdersEquity15.99B15.61B15.57B13.51B
GainsLossesNotAffectingRetainedEarnings1.15B1.01B809.95M-147.55M
OtherEquityAdjustments1.15B1.01B809.95M-147.55M
TreasuryStock2.11B1.28B627.89M127.52M
RetainedEarnings4.22B3.77B3.32B1.91B
AdditionalPaidInCapital12.72B12.12B12.06B11.88B
CapitalStock104.00K104.00K104.00K103.00K
CommonStock104.00K104.00K104.00K103.00K
TotalLiabilitiesNetMinorityInterest881.10M716.68M838.45M2.85B
TotalNonCurrentLiabilitiesNetMinorityInterest23.25M48.01M48.62M108.75M
NonCurrentDeferredLiabilities16.20M23.59M8.65M4.51M
NonCurrentDeferredTaxesLiabilities16.20M23.59M8.65M4.51M
LongTermDebtAndCapitalLeaseObligation7.05M24.42M39.97M104.23M
LongTermCapitalLeaseObligation7.05M24.42M39.97M104.23M
CurrentLiabilities857.85M668.67M789.83M2.74B
OtherCurrentLiabilities29.24M36.92M38.16M214.92M
CurrentDeferredLiabilities10.61M49.59M75.23M286.65M
CurrentDeferredRevenue10.61M49.59M75.23M286.65M
CurrentDebtAndCapitalLeaseObligation51.45M29.43M45.95M80.58M
CurrentCapitalLeaseObligation11.45M29.43M45.95M80.58M
CurrentDebt40.00M
OtherCurrentBorrowings40.00M
PayablesAndAccruedExpenses766.56M552.73M630.49M2.16B
CurrentAccruedExpenses37.19M44.14M72.91M61.53M
Payables729.36M508.59M557.58M2.09B
OtherPayable279.17M219.21M394.98M990.09M
DuetoRelatedPartiesCurrent27.40M101.93M423.00K0.00
DividendsPayable1.14M881.00K0.00
TotalTaxPayable126.15M77.16M109.68M597.76M
AccountsPayable295.49M109.41M52.49M506.09M
TotalAssets16.87B16.32B16.38B16.37B
TotalNonCurrentAssets7.57B7.33B5.18B2.41B
OtherNonCurrentAssets-3.35M-6.03M13.46M48.96M
NonCurrentPrepaidAssets6.21M4.18M
NonCurrentDeferredAssets38.07M58.26M63.89M20.86M
NonCurrentDeferredTaxesAssets38.07M58.26M63.89M20.86M
InvestmentsAndAdvances7.33B7.00B4.93B2.02B
OtherInvestments8.00M8.00M8.00M12.00M
InvestmentinFinancialAssets7.33B6.99B4.92B2.00B
AvailableForSaleSecurities7.33B6.99B4.92B2.00B
GoodwillAndOtherIntangibleAssets112.38M136.28M7.55M8.37M
OtherIntangibleAssets52.80M69.78M7.55M8.37M
Goodwill59.58M66.51M0.00
NetPPE81.95M136.64M162.88M319.41M
AccumulatedDepreciation-203.27M-169.90M-138.32M-62.47M
GrossPPE285.22M306.54M301.20M381.88M
Leases97.77M97.51M94.34M65.81M
ConstructionInProgress7.05M6.72M31.38M
OtherProperties26.87M54.37M77.16M178.48M
MachineryFurnitureEquipment138.57M131.24M129.71M137.59M
BuildingsAndImprovements7.46M8.33M0.00176.26M
LandAndImprovements7.50M8.38M0.00
Properties0.000.000.000.00
CurrentAssets9.30B8.98B11.20B13.95B
OtherCurrentAssets15.10M8.27M198.93M482.66M
CurrentDeferredAssets4.65M1.32M27.22M
RestrictedCash50.87M29.76M20.57M500.00K
PrepaidAssets28.44M22.21M308.35M
Inventory142.55M144.85M130.90M589.09M
InventoriesAdjustmentsAllowances-89.07M
FinishedGoods121.44M117.67M123.67M524.57M
RawMaterials21.12M27.18M7.23M64.52M
Receivables566.24M662.75M59.49M25.97M
OtherReceivables6.16M1.51M35.36M
DuefromRelatedPartiesCurrent346.13M118.74M5.11M1.94M
TaxesReceivable19.59M28.60M65.27M
AccruedInterestReceivable111.15M446.53M39.02M
NotesReceivable0.001.53M
AccountsReceivable83.21M67.38M54.38M22.50M
AllowanceForDoubtfulAccountsReceivable-3.61M-3.03M-201.00K
GrossAccountsReceivable86.82M70.40M54.58M
CashCashEquivalentsAndShortTermInvestments8.49B8.11B10.79B12.85B
OtherShortTermInvestments2.90B5.72B9.52B7.64B
CashAndCashEquivalents5.59B2.39B1.27B5.21B
CashEquivalents337.86M155.82M52.77M1.69B
CashFinancial5.26B2.23B1.22B3.52B
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow842.09M166.29M442.26M1.66B
RepurchaseOfCapitalStock-589.36M-996.63M-500.37M-127.52M
RepaymentOfDebt0.000.00-200.00M0.00
IssuanceOfDebt40.00M0.00198.60M0.00
IssuanceOfCapitalStock0.000.0010.04B
CapitalExpenditure-12.26M-32.41M-44.57M-138.84M
InterestPaidSupplementalData176.00K0.001.40M0.00
IncomeTaxPaidSupplementalData40.80M74.84M743.53M471.25M
EndCashPosition5.64B2.42B1.29B5.21B
BeginningCashPosition2.42B1.29B5.21B1.45B
EffectOfExchangeRateChanges29.98M34.34M203.10M-78.69M
ChangesInCash3.19B1.10B-4.12B3.83B
FinancingCashFlow-678.03M-1.19B-477.27M9.90B
CashFlowFromContinuingFinancingActivities-678.03M-1.19B-477.27M9.90B
NetOtherFinancingCharges-41.28M-112.96M640.00K-10.79M
ProceedsFromStockOptionExercised1.45M8.76M23.86M0.00
CashDividendsPaid-88.84M-92.38M0.000.00
CommonStockDividendPaid-88.84M-92.38M0.000.00
NetCommonStockIssuance-589.36M-996.63M-500.37M9.91B
CommonStockPayments-589.36M-996.63M-500.37M-127.52M
CommonStockIssuance0.000.0010.04B
NetIssuancePaymentsOfDebt40.00M0.00-1.40M0.00
NetShortTermDebtIssuance40.00M0.00-1.40M
ShortTermDebtPayments0.000.00-200.00M
ShortTermDebtIssuance40.00M0.00198.60M
NetLongTermDebtIssuance0.00-1.40M0.00
LongTermDebtPayments0.00-200.00M0.00
LongTermDebtIssuance0.00198.60M0.00
InvestingCashFlow3.02B2.09B-4.13B-7.87B
CashFlowFromContinuingInvestingActivities3.02B2.09B-4.13B-7.87B
DividendsReceivedCFI1.28M640.00K0.000.00
NetInvestmentPurchaseAndSale3.03B2.12B-4.09B-7.73B
SaleOfInvestment16.08B19.25B41.70B13.99B
PurchaseOfInvestment-13.05B-17.13B-45.79B-21.72B
NetIntangiblesPurchaseAndSale-2.18M-4.19M-5.93M-7.90M
PurchaseOfIntangibles-2.18M-4.19M-5.93M-7.90M
NetPPEPurchaseAndSale-9.80M-28.22M-38.64M-130.94M
SaleOfPPE285.00K0.000.00
PurchaseOfPPE-10.09M-28.22M-38.64M-130.94M
OperatingCashFlow854.35M198.70M486.83M1.80B
CashFlowFromContinuingOperatingActivities854.35M198.70M486.83M1.80B
ChangeInWorkingCapital-120.64M-307.86M-1.40B-628.18M
ChangeInOtherWorkingCapital-38.98M-25.80M-211.43M-33.78M
ChangeInOtherCurrentLiabilities-42.45M-59.71M-80.69M-62.13M
ChangeInOtherCurrentAssets-4.70M2.24M11.16M-17.58M
ChangeInPayablesAndAccruedExpense233.95M-124.94M-1.73B247.93M
ChangeInAccruedExpense819.00K-29.92M-173.28M193.92M
ChangeInPayable233.13M-95.01M-1.55B54.02M
ChangeInAccountPayable192.11M-30.06M-1.02B-170.94M
ChangeInTaxPayable48.99M-36.86M-490.64M234.12M
ChangeInIncomeTaxPayable48.99M-36.86M-490.64M234.12M
ChangeInPrepaidAssets-2.18M29.94M357.88M-408.43M
ChangeInInventory-21.74M-39.05M278.49M-349.04M
ChangeInReceivables-244.53M-90.54M-33.59M-5.16M
ChangesInAccountReceivables-17.14M23.08M-30.41M-3.22M
OtherNonCashItems176.00K1.40M
StockBasedCompensation369.65M362.87M166.16M223.34M
UnrealizedGainLossOnInvestmentSecurities-91.30M-378.14M-68.88M-15.79M
ProvisionandWriteOffofAssets4.04M1.61M25.04M2.56M
AssetImpairmentCharge24.34M40.77M226.22M89.07M
DeferredTax9.66M4.50M-38.90M-15.55M
DeferredIncomeTax9.66M4.50M-38.90M-15.55M
DepreciationAmortizationDepletion75.80M96.60M164.46M113.55M
DepreciationAndAmortization75.80M96.60M164.46M113.55M
AmortizationCashFlow12.51M8.89M5.37M4.77M
AmortizationOfIntangibles12.51M8.89M5.37M4.77M
Depreciation63.29M87.71M159.09M108.77M
OperatingGainsLosses18.27M-162.64M6.41M2.77M
GainLossOnInvestmentSecurities-1.28M-165.04M-640.00K
NetForeignCurrencyExchangeGainLoss14.06M-586.00K5.82M-1.33M
GainLossOnSaleOfPPE4.10M
NetIncomeFromContinuingOperations564.34M540.99M1.41B2.03B
SEC Filings

No SEC filings found for this symbol (may be non-US or ticker not in SEC index).

Public Trades for RLX
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