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RLX NYSE CN

RLX Technology Inc. American Depositary Shares, each representing the right to receive one (1) Class A ordinary share

Consumer Staples · Tobacco Website · IPO Jan 2021
$2.20
▲ +$0.02 (+0.69%)
Vol 14K
Mkt Cap
$2.7B
P/E
19.7
ROE
5.8%
Margin
23.3%
Beta
1.20
Div Yield
4.95%
52W
$2–$3

Wall Street Consensus

7 analysts · Apr 2026
1
Strong Buy
4
Buy
2
Hold
0
Sell
0
Strong Sell
71.4%
Buy Rating

Price Chart

Earnings

Beat rate: 50.0%
Next Report May 14, 2026
EPS Estimate: $0.21
Quarter EPS Est EPS Act Surprise
Mar 2026 $0.21
Dec 2025 $0.23 $0.25 +$0.02
Sep 2025 $0.22 $0.21 $-0.01
Jun 2025 $0.18 $0.14 $-0.04

Quarterly Revenue & Earnings

Quarter 2024-0… 2024-1… 2025-0… 2025-0… 2025-0… 2025-1…
Revenue $679.4M $736.2M $708.5M $794.1M $1.0B
Net Income $165.7M $122.0M $222.0M $217.1M $203.2M

Fundamentals Trend

Metric 2026-04-12 2026-04-17
ROE (TTM) 5.8% 5.8%
P/E (TTM) 19.05 19.66
Net Margin 23.3% 23.3%
Gross Margin 29.9% 29.9%
D/E Ratio
Current Ratio 5.70 5.70

Key Ratios

ROA (TTM)
5.3%
P/S (TTM)
4.58
P/B
1.2
EPS (TTM)
$0.72
Rev Growth 3Y
-9.5%
52W High
$2.84
52W Low
$1.66
$1.66 52-Week Range $2.84

Financial Health

Free Cash Flow
$357.5M
Net Debt
-$3.3B
Cash
$3.5B
Total Debt
$165.5M
As of Sep 30, 2025

How does RLX compare to Tobacco peers?

Peer group: Upper Mid · Tobacco (Upper Mid) · 2 companies

RLX BTI

RLX valuation vs Tobacco peers

P/E ratio
19.1
22% above peers (15.6)
vs Peers
vs Industry
Overvalued
P/S ratio
4.4
10% above peers (4.1)
vs Peers
vs Industry
Overvalued
P/B ratio
1.2
24% below peers (1.5)
vs Peers
vs Industry
Undervalued
Div yield
5.1%
5% below peers (5.4%)
vs Peers
vs Industry
Low yield

RLX profitability vs Tobacco peers

ROE
5.8%
5% below peers (6.1%)
vs Peers
vs Industry
Weak
Net margin
23.3%
13% below peers (26.8%)
vs Peers
vs Industry
Weak
Gross margin
29.9%
47% below peers (56.7%)
vs Peers
vs Industry
Weak
ROA
5.3%
32% above peers (4.0%)
vs Peers
vs Industry
Top tier

RLX financial health vs Tobacco peers

D/E ratio
vs Peers
vs Industry
Low debt
Current ratio
5.7
74% above peers (3.3)
vs Peers
vs Industry
Strong liquidity
Beta
1.2
37% above peers (0.9)
vs Peers
vs Industry
More volatile

RLX fundamentals radar

RLX Peer median Industry

RLX profitability vs leverage

Bubble size = market cap · X = net margin · Y = D/E ratio

RLX vs peers: key metrics

Top Holders

Top 5: 13.29%
First Beijing Investment Ltd
4.98%
$131.4M
IDG China Venture Capital F…
4.70%
$124.0M
Vanguard Group Inc
2.15%
$56.7M
Shaw D.E. & Co., Inc.
0.75%
$19.7M
Blackrock Inc.
0.71%
$18.8M
As of Dec 31, 2025

Dividends

$0.02
/ year
Dec 06, 2024 $0.0100
Nov 30, 2023 $0.0100

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