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RLX Technology Inc. (RLX)

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CIK 0001828365 · NYSE · Cigarettes

  • Sector Manufacturing
  • Fiscal year ends Dec 31

For the year ended 2025-12-31, RLX Technology Inc. reported revenue of 3.96B CNY. Revenue grew 44.0% from the prior annual period.

Key ratios (year ended 2025-12-31)

29.9%
Gross margin
8.3%
Operating margin
23.3%
Net margin
5.9%
Return on year-end equity
44.0%
Revenue growth (YoY)

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Latest selected filing: Form 6-K (current report) · 2026-08-14

Annual financials

Annual flows and balances are grouped by their actual period end. Select a figure to open its SEC filing. n/a means a matching observation is unavailable. Free cash flow is operating cash flow minus capital expenditures, and EBITDA is operating income plus depreciation and amortization, for the same period, computed by TickerFacts.

Period ended2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-31
Revenue3.96B CNY2.75B CNY1.59B CNY5.33B CNY8.52B CNY3.82B CNY1.55B CNY132.61M CNY
Cost of Revenue2.43B CNY1.72B CNY856.33M CNY2.97B CNY4.85B CNY2.29B CNY968.41M CNY73.37M CNY
Gross Profit1.18B CNY726.52M CNY387.71M CNY2.31B CNY3.67B CNY1.53B CNY580.94M CNY59.25M CNY
R&D Expense131.01M CNY88.31M CNY172.69M CNY317.11M CNY179.91M CNY299.29M CNY31.93M CNY2.06M CNY
Operating Income328.56M CNY-107.14M CNY-496.71M CNY1.06B CNY2.30B CNY13.15M CNY56.39M CNY2.21M CNY
Net Income921.87M CNY551.84M CNY534.33M CNY1.44B CNY2.02B CNY-128.10M CNY47.75M CNY-287.0K CNY
EPS (Diluted)0.70 CNY0.43 CNY0.40 CNY1.08 CNY1.44 CNY-0.09 CNY0.03 CNY-0.00 CNY
Total Assets17.93B CNY16.87B CNY16.32B CNY16.38B CNY16.37B CNY4.06B CNY1.44B CNYn/a
Total Liabilities2.20B CNY881.10M CNY716.68M CNY838.45M CNY2.85B CNY2.55B CNY1.34B CNYn/a
Shareholders' Equity15.63B CNY15.99B CNY15.61B CNY15.57B CNY13.51B CNY1.51B CNY106.28M CNY6.62M CNY
Cash & Equivalents5.37B CNY5.59B CNY2.39B CNY1.27B CNY5.21B CNY1.11B CNY135.54M CNY68.17M CNY
Operating Cash Flow1.10B CNY854.35M CNY198.70M CNY486.83M CNY1.80B CNY2.59B CNY338.12M CNY-977.0K CNY
Capital Expenditures117.73M CNY10.09M CNY28.22M CNY38.64M CNY130.94M CNY12.59M CNY84.97M CNY29.0K CNY
Free Cash Flow986.82M CNY844.26M CNY170.48M CNY448.19M CNY1.67B CNY2.58B CNY253.16M CNY-1.01M CNY
Share Repurchases183.93M CNY589.36M CNY996.63M CNY500.37M CNY127.52M CNYn/an/an/a
Dividends Paid91.47M CNY88.84M CNY92.38M CNYn/an/an/a36.00M CNYn/a
Shares Outstandingn/an/an/a1.53B1.57B1.44B1.44Bn/a
Weighted Average Diluted Shares1.22B1.29B1.34B1.33B1.41B1.44B1.44B1.19B
EPS (Basic)0.70 CNY0.45 CNY0.41 CNY1.09 CNY1.45 CNY-0.09 CNY0.03 CNY-0.00 CNY

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