RLX Technology/$RLX

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About RLX Technology

RLX Technology Inc is engaged in the manufacturing of e-vapor products for adult smokers. It has an integrated offline distribution and "Branded store plus" retail model tailored to China's e-vapor market.

Ticker

$RLX

Primary listing

NYSE

Employees

381

RLX Technology Metrics

BasicAdvanced
$3.3B
34.26
$0.08
1.08
$0.01
0.30%

What the Analysts think about RLX Technology

Analyst ratings (Buy, Hold, Sell) for RLX Technology stock.

Bulls say / Bears say

RLX posted net revenue of RMB 880.0 million for the second quarter of 2025, a year-over-year increase of 40.3%, driven by expansion in international markets (Reuters)
Non-GAAP operating income jumped 147.6% year-over-year to RMB 116.2 million in Q2 2025, achieving positive operating profit for the seventh consecutive quarter on the back of disciplined cost control and an optimized product mix (Reuters)
As of June 30, 2025, RLX held RMB 15.5 billion (US$2.17 billion) in cash, cash equivalents and investments, ensuring strong liquidity for R&D and future international expansion (Investing.com)
RLX’s reliance on a limited number of licensed manufacturers under China’s E-Cigarettes Administrative Measures creates production risk, as failure to renew or expand Tobacco Monopoly Licenses in a timely manner could constrain its manufacturing capacity and hamper supply (SEC Filing)
Unauthorized disposable vapes are estimated to comprise 70% of U.S. vape sales (≈£10 billion), intensifying competition from illicit imports and potentially limiting RLX’s lawful product market share even upon entry (Reuters)
The U.S. FDA’s Pre-Market Tobacco Product Application process has imposed significant compliance burdens and slow approval timelines, leaving many e-vapor products—including RLX’s—without final authorization and creating legal uncertainty that delays its U.S. expansion (SEC Filing)
Data summarised monthly by Lightyear AI. Last updated on 2 Sept 2025.

RLX Technology Financial Performance

Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%

RLX Technology Earnings Performance

Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

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RLX Technology
DividendPayment
$0.01Per share
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