XNYSRLX
Market cap2.50bUSD
Dec 23, Last price
2.01USD
1D
2.55%
1Q
13.56%
IPO
-92.98%
Name
RLX Technology Inc
Chart & Performance
P/E
34.21
P/S
14.69
EPS
0.43
Div Yield, %
3.69%
Shrs. gr., 5y
-2.90%
Rev. gr., 5y
56.48%
Revenues
1.24b
-76.67%
Net income
534m
-62.93%
CFO
199m
-59.18%
Dividend
Nov 30, 20230.008 USD/sh
Earnings
Mar 13, 2025
Profile
RLX Technology Inc., together with its subsidiaries, researchers, develops, manufactures, distributes, and sells e-vapor products in the People's Republic of China. It serves RELX branded partner stores and other retail outlets through distributors. RLX Technology Inc. was founded in 2018 and is based in Beijing, China.
Valuation
Title CNY in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY |
|---|---|---|---|---|---|---|
| 2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | |
| Income | ||||||
Revenues | 1,244,043 -76.67% | 5,332,779 -37.42% | 8,520,978 123.08% | |||
Cost of revenue | 1,740,753 | 4,269,368 | 6,222,273 | |||
Unusual Expense (Income) | ||||||
NOPBT | (496,710) | 1,063,411 | 2,298,705 | |||
NOPBT Margin | 19.94% | 26.98% | ||||
Operating Taxes | 50,755 | 371,580 | 631,426 | |||
Tax Rate | 34.94% | 27.47% | ||||
NOPAT | (547,465) | 691,831 | 1,667,279 | |||
Net income | 534,328 -62.93% | 1,441,219 -28.82% | 2,024,713 -1,680.56% | |||
Dividends | (92,384) | (640) | (325,447) | |||
Dividend yield | 3.45% | 0.02% | 5.92% | |||
Proceeds from repurchase of equity | (996,628) | (500,370) | 9,914,906 | |||
BB yield | 37.18% | 16.38% | -180.34% | |||
| Debt | ||||||
Debt current | 29,435 | 45,955 | 80,582 | |||
Long-term debt | 78,273 | 125,891 | 289,046 | |||
Deferred revenue | (8,653) | (4,513) | ||||
Other long-term liabilities | 23,591 | 8,653 | 4,513 | |||
Net debt | (15,008,892) | (15,549,295) | (14,499,688) | |||
| Cash flow | ||||||
Cash from operating activities | 198,703 | 486,829 | 1,799,892 | |||
CAPEX | (28,221) | (38,638) | (138,836) | |||
Cash from investing activities | 2,091,145 | (4,133,040) | (7,870,660) | |||
Cash from financing activities | (1,193,216) | (477,270) | 9,904,121 | |||
FCF | (821,590) | 848,365 | 1,514,109 | |||
| Balance | ||||||
Cash | 8,114,687 | 10,788,255 | 12,852,723 | |||
Long term investments | 7,001,913 | 4,932,886 | 2,016,593 | |||
Excess cash | 15,054,398 | 15,454,502 | 14,443,267 | |||
Stockholders' equity | 4,736,109 | 4,105,981 | 1,765,245 | |||
Invested Capital | 10,939,752 | 11,410,639 | 11,340,560 | |||
ROIC | 6.08% | 26.34% | ||||
ROCE | 6.85% | 17.53% | ||||
| EV | ||||||
Common stock shares outstanding | 1,340,446 | 1,328,144 | 1,409,691 | |||
Price | 2.00 -13.04% | 2.30 -41.03% | 3.90 | |||
Market cap | 2,680,891 -12.24% | 3,054,731 -44.44% | 5,497,794 | |||
EV | (12,338,978) | (12,523,251) | (8,998,094) | |||
EBITDA | (400,109) | 1,222,503 | 2,412,251 | |||
EV/EBITDA | 30.84 | |||||
Interest | 180,729 | |||||
Interest/NOPBT | 17.00% | |||||