RLX Technology Inc
Research RLX Technology Inc (RLX) on Bullrun: market cap USD 1.63B, P/E 16.6. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerRLX
- ExchangeNYSE
- CountryChina
- SectorConsumer Defensive
- IndustryTobacco
- CurrencyUSD
- Market capUSD 1.63B
- P/E16.6
- Financial periodQ1 2026
- RevenueCNY 4.38B
- Net incomeCNY 983.96M
- Free cash flow-CNY 68.84M
- Gross margin33.3%
Valuation Snapshot
latest market cap is USD 1.63B; P/E is 16.6.
Peer valuation comparison
Latest P/E is 16.57x versus a Consumer Defensive sector median of 17.41x (4.8% below).
Latest P/E is 16.57x versus a China median of 10.67x (55.3% above).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | CNY 566.11M | CNY 131.83M | CNY 141.11M | 29.9% | 0.1 | CNY 767.49M | CNY 13.17M | CNY 2.24B |
| FY2024 | CNY 2.44B | CNY 551.84M | CNY 842.09M | 29.7% | 0.42 | CNY 5.59B | CNY 58.50M | CNY 15.99B |
| FY2023 | CNY 1.31B | CNY 538.37M | CNY 181.69M | 30.6% | 0.4 | CNY 2.39B | CNY 53.85M | CNY 15.61B |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-08-25 | USD 1.63B | 16.6 | n/a | n/a |
| 2025 | 2025-12-31 | USD 2.84B | 23.3 | n/a | n/a |
| 2024 | 2024-12-31 | USD 2.63B | 36.0 | n/a | n/a |
| 2023 | 2023-12-29 | USD 3.14B | 200.0 | 0.5% | 0.01 |
| 2022 | 2022-12-30 | USD 3.56B | 9.2 | n/a | n/a |
| 2021 | 2021-12-31 | USD 6.11B | 17.0 | n/a | n/a |
Dividend history
| Year | Dividends/share |
|---|---|
| FY2025 | 0.11 CNY |
About RLX Technology Inc
RLX Technology Inc., through its subsidiaries, develops, manufactures, and sells e-vapor products in the People's Republic of China and internationally. It offers rechargeable e-vapor products under the Qingyu, Phantom, Phantom Pro, Zeus, Leili, and Daqian names; and disposable e-vapor products under the Feiliu and Feiliu Mega names. The company also provides closed-system rechargeable products, open-system products, closed-system disposable products, and modern oral products.
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Frequently asked questions
What is RLX Technology Inc's market cap?
RLX Technology Inc's market capitalization is USD 1.63B.
What is RLX Technology Inc's P/E ratio?
RLX Technology Inc's price-to-earnings (P/E) ratio is 16.6.
What does RLX Technology Inc do?
RLX Technology Inc., through its subsidiaries, develops, manufactures, and sells e-vapor products in the People's Republic of China and internationally. It offers rechargeable e-vapor products under the Qingyu, Phantom, Phantom Pro, Zeus, Leili, and Daqian names; and disposable e-vapor products under the Feiliu and Feiliu Mega names. The company also provides closed-system rechargeable products, open-system products, closed-system disposable products, and modern oral products.