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RLX

RLX Technology Inc.

Price Chart
Latest Quote

$1.79

-0.03 (-1.64%)
Current Price
Previous Close $1.82
Open $1.82
Day High $1.82
Day Low $1.79
Volume 62,227
Fetched: 2026-09-01T13:43:05
Stock Information
Note: Financial values converted from CNY to USD
Quarterly Dividend / Yield $0.10 / 5.46%
Shares Outstanding 913.54M
Quarterly Dividend Yield 5.46%
Quarterly Dividend $0.10
Total Debt $36.37M
Cash Equivalents $1.31B
Revenue $670.80M
Net Income $146.73M
Sector Consumer Defensive
Industry Tobacco
Market Cap $2.19B
P/E Ratio 16.32
EPS (TTM) $0.11
Exchange NYQ
🌐 Visit Website
📊 Comprehensive Analysis
Company Data
Enterprise Value$-6.16B
Sales$670.80M
Income$146.73M
Book/sh$1.88
Cash/sh$9.59
Employees897
Financial Ratios
Quick Ratio9.43
Current Ratio10.61
Debt/Eq1.56
EPS Growth TTM0.30%
Returns & Margins
ROA2.14%
ROE6.33%
Gross Margin34.94%
Operating Margin14.22%
Profit Margin21.87%
Ownership
Insider Ownership88.70%
Institutional Ownership29.81%
Insider & Institutional transactions data not available
Valuation Ratios
Forward P/E11.06
P/S0.49
P/B0.95
Analyst Data
Recommendationstrong_buy
Target Price$2.77
Technical Indicators
SMA20$1.89
SMA50$1.93
SMA200$2.17
RSI23.19
ATR0.0679
Shares Float334.46M
Short Float1.17%
Short Ratio2.68
Volatility1.17
Rel Volume0.02
Performance History
Week-0.83%
Month-11.14%
Quarter-12.86%
6 Months-22.96%
YTD-22.63%
Year-27.33%
3 Years+29.50%
5 Years-52.54%
10 Years-93.86%
Stock Score: ⭐ Premium
Based on debt, profitability, growth, and cash flow metrics
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Recent Price History
Date Close Volume
2026-09-01 $1.79 62,227
2026-08-31 $1.83 3,749,300
2026-08-27 $1.80 2,573,700
2026-08-26 $1.79 2,715,300
2026-08-25 $1.79 3,280,300
2026-08-24 $1.81 3,400,300
2026-08-21 $1.81 1,864,800
2026-08-20 $1.81 2,262,300
2026-08-19 $1.83 3,695,200
2026-08-18 $1.83 4,206,400
2026-08-17 $1.87 7,607,700
2026-08-14 $1.94 8,778,400
2026-08-13 $2.00 3,012,800
2026-08-12 $2.02 2,273,700
2026-08-11 $1.98 1,773,800
2026-08-10 $2.00 1,171,300
2026-08-07 $2.01 1,546,300
2026-08-06 $1.99 2,473,100
2026-08-05 $1.94 2,201,000
2026-08-04 $1.96 1,636,200
2026-08-03 $1.99 1,471,900
About RLX Technology Inc.

RLX Technology Inc., through its subsidiaries, develops, manufactures, and sells e-vapor products in the People's Republic of China and internationally. It offers rechargeable e-vapor products under the Qingyu, Phantom, Phantom Pro, Zeus, Leili, and Daqian names; and disposable e-vapor products under the Feiliu and Feiliu Mega names. The company also provides closed-system rechargeable products, open-system products, closed-system disposable products, and modern oral products. It sells its products through local channels, third-party distribution channels, and distribution channels co-managed with third parties, as well as online and offline end users. The company was founded in 2018 and is headquartered in Shenzhen, the People's Republic of China.

Period:
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Income Statement (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Revenue
Reconciled Cost Of Revenue $362,593,644 $255,967,999 $127,585,597 $443,246,376
Cost Of Revenue $362,593,644 $255,967,999 $127,585,597 $443,246,376
Total Revenue $538,941,272 $364,212,733 $185,351,621 $786,690,760
Operating Revenue $557,654,136 $388,860,816 $224,394,799 $770,070,480
Expenses
Total Expenses $489,988,681 $380,176,409 $259,357,105 $628,251,741
Other Income Expense $24,491,940 $22,283,143 $68,621,533 $79,884,979
Other Non Operating Income Expenses $16,801,454 $14,887,810 $32,014,363 $59,543,044
Net Non Operating Interest Income Expense $83,497,870 $91,836,468 $93,548,527 $26,927,054
Operating Expense $127,395,037 $124,208,410 $131,771,508 $185,005,365
Selling And Marketing Expense $57,678,567 $34,188,445 $31,842,874 $51,818,887
General And Administrative Expense $50,197,414 $76,862,690 $74,199,917 $85,939,838
Total Other Finance Cost - - - $-26,927,054
Income & Earnings
Net Income From Continuing Operation Net Minority Interest $137,350,190 $82,218,929 $79,610,239 $214,729,136
Net Interest Income $83,497,870 $91,836,468 $93,548,527 $26,927,054
Interest Income $83,497,870 $91,836,468 $93,548,527 $26,927,054
Normalized Income $130,528,730 $75,883,936 $46,142,941 $198,659,007
Net Income From Continuing And Discontinued Operation $137,350,190 $82,218,929 $79,610,239 $214,729,136
Total Operating Income As Reported $48,952,591 $-15,963,676 $-74,005,484 $158,439,019
Net Income Common Stockholders $137,350,190 $82,218,929 $79,610,239 $214,729,136
Net Income $137,350,190 $82,218,929 $79,610,239 $214,729,136
Net Income Including Noncontrolling Interests $139,214,072 $84,082,363 $80,602,522 $209,888,854
Net Income Continuous Operations $139,214,072 $84,082,363 $80,602,522 $209,888,854
Pretax Income $156,942,401 $98,155,935 $88,164,577 $265,251,053
Interest Income Non Operating $83,497,870 $91,836,468 $93,548,527 $26,927,054
Operating Income $48,952,591 $-15,963,676 $-74,005,484 $158,439,019
Gross Profit $176,347,628 $108,244,734 $57,766,025 $343,444,385
Per Share
Diluted EPS $0.10 $0.06 $0.06 $0.16
Basic EPS $0.10 $0.07 $0.06 $0.16
Other
Tax Effect Of Unusual Items $869,025 $1,060,341 $3,139,871 $4,271,806
Tax Rate For Calcs $0 $0 $0 $0
Normalized EBITDA (Bullshit earnings) $54,897,494 $-12,066,063 $-96,219,942 $162,600,049
Total Unusual Items $7,690,485 $7,395,334 $36,607,170 $20,341,935
Total Unusual Items Excluding Goodwill $7,690,485 $7,395,334 $36,607,170 $20,341,935
Reconciled Depreciation $13,635,389 $11,292,947 $14,392,711 $24,502,965
EBITDA (Bullshit earnings) $62,587,980 $-4,670,729 $-59,612,772 $182,941,984
EBIT $48,952,591 $-15,963,676 $-74,005,484 $158,439,019
Diluted Average Shares $182,358,793 $192,036,681 $199,714,781 $197,881,955
Basic Average Shares $182,314,233 $183,579,448 $195,387,513 $196,628,745
Diluted NI Availto Com Stockholders $137,350,190 $82,218,929 $79,610,239 $214,729,136
Minority Interests $-1,863,882 $-1,863,435 $-992,282 $4,840,281
Tax Provision $17,728,329 $14,073,572 $7,562,055 $55,362,198
Gain On Sale Of Security $7,690,485 $7,395,334 $36,607,170 $20,341,935
Research And Development $19,519,056 $13,157,275 $25,728,717 $47,246,641
Selling General And Administration $107,875,981 $111,051,135 $106,042,791 $137,758,725
Other Gand A $50,197,414 $76,862,690 $74,199,917 $85,939,838
Excise Taxes $50,894,693 $45,301,261 $51,007,778 $7,847,075
Fetched: 2026-08-23
Balance Sheet (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Assets
Net Tangible Assets $2,213,031,844 $2,365,362,367 $2,305,359,089 $2,318,529,774
Total Assets $2,671,349,289 $2,513,640,029 $2,430,808,001 $2,440,302,772
Total Non Current Assets $1,002,046,107 $1,127,874,500 $1,092,293,284 $771,874,765
Other Non Current Assets $-122,918 $-499,717 $-897,822 $2,005,125
Non Current Prepaid Assets $728,717 $925,832 $623,231 -
Non Current Deferred Assets $4,336,244 $5,671,653 $8,680,682 $9,519,652
Non Current Deferred Taxes Assets $4,336,244 $5,671,653 $8,680,682 $9,519,652
Investmentin Financial Assets $826,895,028 $1,091,631,614 $1,042,032,400 $733,765,315
Goodwill And Other Intangible Assets $116,261,213 $16,743,199 $20,305,134 $1,125,183
Other Intangible Assets $31,756,161 $7,866,146 $10,396,317 $1,125,183
Current Assets $1,669,303,182 $1,385,765,529 $1,338,514,717 $1,668,428,007
Other Current Assets $7,071,427 $2,250,216 $1,231,711 $29,639,143
Current Deferred Assets $905,867 $692,959 $196,818 -
Restricted Cash $26,501,535 $7,578,742 $4,433,982 $3,065,348
Prepaid Assets $11,468,906 $4,237,164 $3,309,246 -
Inventory $44,352,037 $21,239,012 $21,581,394 $19,503,114
Receivables $88,459,132 $84,364,255 $98,743,557 $8,863,941
Other Receivables $278,018 $918,085 $225,126 -
Taxes Receivable $6,491,552 $2,918,740 $4,260,705 -
Accrued Interest Receivable $21,383,683 $16,559,790 $66,528,801 -
Accounts Receivable $28,982,091 $12,396,973 $10,038,291 $8,102,298
Allowance For Doubtful Accounts Receivable $-1,115,796 $-538,157 $-450,848 $-29,947
Gross Accounts Receivable $30,097,888 $12,935,129 $10,489,139 $8,132,245
Cash Cash Equivalents And Short Term Investments $1,490,544,278 $1,265,403,182 $1,209,018,009 $1,607,356,461
Cash And Cash Equivalents $799,657,178 $833,381,812 $356,133,678 $188,997,290
Cash Equivalents $116,242,589 $50,337,466 $23,215,680 $7,861,826
Cash Financial $683,414,589 $783,044,347 $332,917,998 $181,135,464
Notes Receivable - - - $0
Debt
Total Debt $28,584,434 $8,715,546 $8,023,779 $12,801,782
Long Term Debt And Capital Lease Obligation $8,294,496 $1,050,389 $3,638,219 $5,954,885
Current Debt And Capital Lease Obligation $20,289,937 $7,665,157 $4,385,560 $6,846,897
Current Debt $16,030,573 $5,959,653 - -
Other Current Borrowings $16,030,573 $5,959,653 - -
Liabilities
Total Liabilities Net Minority Interest $327,475,494 $131,275,665 $106,779,255 $124,921,930
Total Non Current Liabilities Net Minority Interest $34,696,207 $3,463,452 $7,153,074 $7,244,107
Other Non Current Liabilities $9,578,802 - - -
Non Current Deferred Liabilities $16,822,909 $2,413,064 $3,514,854 $1,289,222
Non Current Deferred Taxes Liabilities $16,822,909 $2,413,064 $3,514,854 $1,289,222
Current Liabilities $292,779,287 $127,812,212 $99,626,182 $117,677,822
Other Current Liabilities $4,695,015 $4,355,911 $5,500,611 $5,686,105
Current Deferred Liabilities $12,515,719 $1,580,798 $7,387,884 $11,208,022
Payables And Accrued Expenses $255,278,616 $114,210,347 $82,352,127 $93,936,799
Payables $252,347,957 $108,668,763 $75,775,650 $83,073,990
Other Payable $41,267,619 $41,594,506 $32,660,240 $58,849,191
Dividends Payable $71,341,966 $170,446 $131,261 $0
Total Tax Payable $23,796,597 $18,795,852 $11,496,767 $16,340,773
Accounts Payable $45,226,467 $44,025,448 $16,301,141 $7,821,002
Equity
Common Stock Equity $2,329,293,056 $2,382,105,566 $2,325,664,224 $2,319,654,956
Total Equity Gross Minority Interest $2,343,873,795 $2,382,364,364 $2,324,028,746 $2,315,380,842
Stockholders Equity $2,329,293,056 $2,382,105,566 $2,325,664,224 $2,319,654,956
Gains Losses Not Affecting Retained Earnings $132,596,771 $171,375,638 $150,349,237 $120,675,230
Other Equity Adjustments $132,596,771 $171,375,638 $150,349,237 $120,675,230
Retained Earnings $613,814,034 $628,697,076 $561,053,523 $495,338,960
Other
Treasury Shares Number $52,697,373 $52,496,642 $44,576,541 $38,398,195
Ordinary Shares Number $181,336,803 $181,537,534 $189,457,635 $227,711,931
Share Issued $234,034,176 $234,034,176 $234,034,176 $266,110,126
Tangible Book Value $2,213,031,844 $2,365,362,367 $2,305,359,089 $2,318,529,774
Invested Capital $2,345,323,630 $2,388,065,219 $2,325,664,224 $2,319,654,956
Working Capital $1,376,523,895 $1,257,953,317 $1,238,888,535 $1,550,750,185
Capital Lease Obligations $12,553,860 $2,755,893 $8,023,779 $12,801,782
Total Capitalization $2,329,293,056 $2,382,105,566 $2,325,664,224 $2,319,654,956
Minority Interest $14,580,739 $258,798 $-1,635,478 $-4,274,114
Treasury Stock $340,652,436 $313,739,089 $190,856,255 $93,549,570
Additional Paid In Capital $1,923,519,192 $1,895,756,445 $1,805,102,224 $1,797,174,842
Capital Stock $15,495 $15,495 $15,495 $15,495
Common Stock $15,495 $15,495 $15,495 $15,495
Long Term Capital Lease Obligation $8,294,496 $1,050,389 $3,638,219 $5,954,885
Current Deferred Revenue $12,515,719 $1,580,798 $7,387,884 $11,208,022
Current Capital Lease Obligation $4,259,364 $1,705,504 $4,385,560 $6,846,897
Current Accrued Expenses $2,930,659 $5,541,584 $6,576,477 $10,862,809
Dueto Related Parties Current $70,715,308 $4,082,511 $15,186,239 $63,023
Investments And Advances $828,136,126 $1,092,823,544 $1,043,224,330 $734,957,246
Other Investments $1,241,098 $1,191,931 $1,191,931 $1,191,931
Available For Sale Securities $826,895,028 $1,091,631,614 $1,042,032,400 $733,765,315
Goodwill $84,505,052 $8,877,052 $9,908,817 $0
Net PPE $52,706,726 $12,209,988 $20,357,728 $24,267,559
Accumulated Depreciation $-44,533,211 $-30,285,617 $-25,313,776 $-20,608,630
Gross PPE $97,239,936 $42,495,605 $45,671,504 $44,876,189
Leases $29,211,985 $14,566,435 $14,527,996 $14,055,246
Construction In Progress $4,235,973 $1,050,985 $1,000,775 -
Other Properties $13,942,162 $4,003,248 $8,100,808 $11,495,724
Machinery Furniture Equipment $34,414,166 $20,646,325 $19,553,175 $19,325,218
Buildings And Improvements $12,764,683 $1,111,028 $1,240,800 $0
Land And Improvements $2,670,968 $1,117,584 $1,247,951 $0
Properties $0 $0 $0 $0
Finished Goods $40,949,522 $18,092,911 $17,531,065 $18,426,056
Raw Materials $3,402,515 $3,146,101 $4,050,329 $1,077,058
Duefrom Related Parties Current $31,323,788 $51,570,667 $17,690,635 $761,644
Other Short Term Investments $690,887,100 $432,021,369 $852,884,331 $1,418,359,171
Inventories Adjustments Allowances - - - -
Fetched: 2026-08-23
Cash Flow Statement (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Free Cash Flow
Free Cash Flow $146,879,676 $125,463,513 $24,775,768 $65,893,055
Operating Activities
Operating Cash Flow $164,568,076 $127,290,594 $29,605,024 $72,533,300
Cash Flow From Continuing Operating Activities $164,568,076 $127,290,594 $29,605,024 $72,533,300
Operating Gains Losses $-418,219 $2,721,625 $-24,231,503 $954,438
Investing Activities
Capital Expenditure $-17,688,400 $-1,827,081 $-4,829,256 $-6,640,246
Investing Cash Flow $-122,499,331 $449,655,983 $311,562,475 $-615,787,127
Cash Flow From Continuing Investing Activities $-122,499,331 $449,655,983 $311,562,475 $-615,787,127
Financing Activities
Repurchase Of Capital Stock $-27,403,975 $-87,809,083 $-148,488,931 $-74,550,792
Financing Cash Flow $-42,126,852 $-101,020,740 $-177,778,839 $-71,109,092
Cash Flow From Continuing Financing Activities $-42,126,852 $-101,020,740 $-177,778,839 $-71,109,092
Net Other Financing Charges $-235,257 $-6,150,809 $-16,830,210 $95,354
Cash Dividends Paid $-13,628,386 $-13,236,241 $-13,764,415 $0
Common Stock Dividend Paid $-13,628,386 $-13,236,241 $-13,764,415 $0
Net Common Stock Issuance $-27,403,975 $-87,809,083 $-148,488,931 $-74,550,792
Dividends Received Cfi $0 $190,709 $95,354 $0
Issuance Of Capital Stock - - $0 $0
Common Stock Issuance - - $0 $0
Other
Repayment Of Debt $-14,752,973 $0 $0 $-29,798,266
Issuance Of Debt $13,722,101 $5,959,653 $0 $29,589,380
Interest Paid Supplemental Data $235,257 $26,222 $0 $208,886
Income Tax Paid Supplemental Data $12,707,918 $6,079,591 $11,151,107 $110,779,226
End Cash Position $826,158,713 $840,960,554 $360,567,660 $192,062,638
Beginning Cash Position $840,960,554 $360,567,660 $192,062,638 $776,165,417
Effect Of Exchange Rate Changes $-14,743,735 $4,467,058 $5,116,362 $30,260,139
Changes In Cash $-58,107 $475,925,836 $163,388,660 $-614,362,918
Proceeds From Stock Option Exercised $171,638 $215,739 $1,304,717 $3,555,231
Common Stock Payments $-27,403,975 $-87,809,083 $-148,488,931 $-74,550,792
Net Issuance Payments Of Debt $-1,030,871 $5,959,653 $0 $-208,886
Net Short Term Debt Issuance $13,722,101 $5,959,653 $0 $-208,886
Short Term Debt Issuance $13,722,101 $5,959,653 $0 $29,589,380
Net Long Term Debt Issuance $-14,752,973 $0 $0 $-208,886
Long Term Debt Payments $-14,752,973 $0 $0 $-29,798,266
Net Investment Purchase And Sale $-15,636,342 $451,249,892 $316,296,376 $-609,146,881
Sale Of Investment $2,537,690,358 $2,395,573,935 $2,868,733,599 $6,213,117,847
Purchase Of Investment $-2,553,326,701 $-1,944,324,043 $-2,552,437,222 $-6,822,264,728
Net Business Purchase And Sale $-89,259,812 $0 $0 -
Purchase Of Business $-89,259,812 $0 $0 -
Net Intangibles Purchase And Sale $-147,799 $-324,354 $-624,572 $-883,519
Purchase Of Intangibles $-147,799 $-324,354 $-624,572 $-883,519
Net PPE Purchase And Sale $-17,455,377 $-1,460,264 $-4,204,684 $-5,756,727
Sale Of PPE $85,223 $42,463 $0 $0
Purchase Of PPE $-17,540,600 $-1,502,727 $-4,204,684 $-5,756,727
Change In Working Capital $-15,231,235 $-17,974,463 $-45,869,067 $-209,156,860
Change In Other Working Capital $-90,140 $-5,807,086 $-3,843,678 $-31,500,492
Change In Other Current Liabilities $-3,434,995 $-6,324,980 $-8,896,272 $-12,022,408
Change In Other Current Assets $-580,023 $-700,557 $333,741 $1,662,594
Change In Payables And Accrued Expense $-6,860,753 $34,856,224 $-18,614,679 $-257,105,846
Change In Accrued Expense $-1,984,565 $122,024 $-4,458,417 $-25,816,920
Change In Payable $-4,876,188 $34,734,200 $-14,156,262 $-231,288,926
Change In Account Payable $-8,277,511 $28,623,022 $-4,478,232 $-151,896,512
Change In Tax Payable $1,025,358 $7,299,085 $-5,491,969 $-73,101,851
Change In Income Tax Payable $1,025,358 $7,299,085 $-5,491,969 $-73,101,851
Change In Prepaid Assets $-11,567,687 $-324,950 $4,460,353 $53,320,421
Change In Inventory $-8,208,528 $-3,239,518 $-5,818,707 $41,493,042
Change In Receivables $15,510,891 $-36,433,595 $-13,489,824 $-5,004,172
Changes In Account Receivables $-4,735,987 $-2,553,562 $3,439,167 $-4,530,975
Other Non Cash Items $952,800 $26,222 - $208,886
Stock Based Compensation $27,747,400 $55,075,390 $54,064,186 $24,756,548
Unrealized Gain Loss On Investment Securities $-6,777,318 $-13,602,610 $-56,339,284 $-10,261,927
Provisionand Write Offof Assets $340,296 $602,670 $240,621 $3,730,594
Asset Impairment Charge $5,512,530 $3,627,045 $6,075,121 $33,705,266
Deferred Tax $-407,640 $1,439,405 $669,716 $-5,795,465
Deferred Income Tax $-407,640 $1,439,405 $669,716 $-5,795,465
Depreciation Amortization Depletion $13,635,389 $11,292,947 $14,392,711 $24,502,965
Depreciation And Amortization $13,635,389 $11,292,947 $14,392,711 $24,502,965
Amortization Cash Flow $4,383,176 $1,863,882 $1,324,831 $799,636
Amortization Of Intangibles $4,383,176 $1,863,882 $1,324,831 $799,636
Depreciation $9,252,213 $9,429,065 $13,067,881 $23,703,329
Net Foreign Currency Exchange Gain Loss $-445,037 $2,094,967 $-87,309 $866,832
Net Income From Continuing Operations $139,214,072 $84,082,363 $80,602,522 $209,888,854
Short Term Debt Payments - $0 $0 $-29,798,266
Gain Loss On Investment Securities - $-190,709 $-24,589,529 $-95,354
Long Term Debt Issuance - - $0 $29,589,380
Gain Loss On Sale Of PPE - - - -
Fetched: 2026-08-23