RLX Technology Inc. (RLX)
Full history for every metric is available with a Kvantra account
No price history available.
Key financial summary
Financials in CNY| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | 2026E | ||
|---|---|---|---|---|---|---|---|---|---|
| Total revenue | CNY m | 3,820 | 8,521 | 5,333 | 1,244 | 2,445 | 3,519 | 4,475 | 5,971 |
| Operating profit | CNY m | 320 | 584 | ||||||
| Net profit | CNY m | -128 | 2,025 | 1,441 | 534 | 552 | 897 | 978 | 1,038 |
| EPS reported | CNY | 0.70 | 0.76 | ||||||
| Operating cashflow per share | CNY | 0.90 | 0.67 | ||||||
| Capex per share | CNY | 0.10 | 0.10 | ||||||
| FCF per share | CNY | 0.81 | 0.58 | ||||||
| Free cash flow | CNY m | 986 | 417 | ||||||
| Net debt | CNY m | -10,068 | -8,729 | ||||||
| Book value equity | CNY m | 15,644 | 15,518 | ||||||
| Book value per share | CNY | 12.78 | 11.87 | ||||||
| Number of shares | m | 1,223.96 | 1,307.48 | ||||||
| DPS (TTM paid) | CNY | 0.77 | 0.70 |
Financial summary
Financials in CNY| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | 2026E | ||
|---|---|---|---|---|---|---|---|---|---|
| Value | |||||||||
| P/E TTM | x | 23.28 | 15.54 | ||||||
| P/B LTM | x | 1.27 | 1.28 | ||||||
| P/S LTM | x | 5.67 | 4.46 | ||||||
| P/FCF LTM | x | 20.22 | 47.81 | ||||||
| EV/EBITDA LTM | x | 13.05 | 12.88 | ||||||
| EV/Sales LTM | x | 4.14 | 2.70 | ||||||
| Earnings Yield LTM | % | +4.30% | +6.44% | ||||||
| FCF Yield | % | +4.94% | +2.09% | ||||||
| Quality | |||||||||
| ROE | % | +5.73% | +6.14% | ||||||
| ROIC | % | +1.76% | +2.66% | ||||||
| Operating margin | % | +9.08% | +11.31% | ||||||
| Gross margin | % | +32.72% | +33.03% | ||||||
| FCF/Sales | % | +28.02% | +16.30% | ||||||
| Growth and momentum | |||||||||
| EPS Growth YoY | % | +62.79% | +76.74% | ||||||
| Sales Growth YoY | % | +43.94% | +83.06% | ||||||
| Net Income Growth YoY | % | +62.50% | +77.30% | ||||||
| FCF Growth | % | +17.07% | -50.48% | ||||||
| Operating Profit Growth | % | - | - | ||||||
| Dividend and capital structure | |||||||||
| Dividend Yield | % | +0.46% | +5.67% | ||||||
| Dividend Growth | % | +22.49% | +1095.7% | ||||||
| Payout Ratio | % | +10.68% | +9.35% | ||||||
| FCF/Debt | x | 5.59 | 1.71 | ||||||
| Net Debt/EBITDA | x | -4.81 | -3.38 | ||||||
| EBIT/Net interest | x | 0.00 | 0.00 | ||||||
| Net debt/market cap | % | +0.61% | +1.01% | ||||||
| Net debt/Equity | x | -0.64 | -0.56 | ||||||
| Gross debt/equity | x | 0.01 | 0.02 | ||||||
Price target estimates
Based on consensus from external analysts. Not Kvantra's opinion.
Ratings
Based on consensus from external analysts. Not Kvantra's opinion.
ESG
| Metric | 2024 | 2025 | 2026 |
|---|---|---|---|
| ESG-score | |||
| Environmental score | |||
| Social score | |||
| Governance score | |||
| Risk rating |
Company overview
RLX Technology Inc., along with its affiliated entities, operates within the People's Republic of China, focusing on the entire lifecycle of electronic vapor products, from conceptualization and development to manufacturing, distribution, and direct sales. The company's offerings are made available to customers via a network of distributors who supply both dedicated RELX-branded partner stores and other independent retail outlets. This firm was established in 2018 and has its principal operations located in Beijing, China.
Similar companies
For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.
No price history available.
Consensus from external analysts. Not Kvantra's opinion.
Based on consensus from external analysts. Not Kvantra's opinion.
RLX Technology Inc., along with its affiliated entities, operates within the People's Republic of China, focusing on the entire lifecycle of electronic vapor products, from conceptualization and development to manufacturing, distribution, and direct sales. The company's offerings are made available to customers via a network of distributors who supply both dedicated RELX-branded partner stores and other independent retail outlets. This firm was established in 2018 and has its principal operations located in Beijing, China.
Unlock all fundamental data
Sign up for FreeUnlock all fundamental data
Sign up for Free