RLX Technology Inc
Research RLX Technology Inc (RLX) on Bullrun: market cap USD 1.58B, P/E 15.8. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerRLX
- ExchangeNYSE
- CountryChina
- SectorConsumer Defensive
- IndustryTobacco
- CurrencyUSD
- Market capUSD 1.58B
- P/E15.8
- Financial periodQ2 2026
- RevenueCNY 916.89M
- Net incomeCNY 217.75M
- Free cash flow-CNY 63.23M
- Gross margin39.0%
Valuation Snapshot
latest market cap is USD 1.58B; P/E is 15.8.
Peer valuation comparison
Latest P/E is 15.78x versus a Consumer Defensive sector median of 17.24x (8.4% below).
Latest P/E is 15.78x versus a China median of 13.93x (13.3% above).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | CNY 3.62B | CNY 921.87M | CNY 985.83M | 32.7% | 0.7 | CNY 5.37B | CNY 191.85M | CNY 15.63B |
| FY2024 | CNY 2.44B | CNY 551.84M | CNY 842.09M | 29.7% | 0.43 | CNY 5.59B | CNY 58.50M | CNY 15.99B |
| FY2023 | CNY 1.24B | CNY 534.33M | CNY 166.29M | 31.2% | 0.4 | CNY 2.39B | CNY 53.85M | CNY 15.61B |
| FY2022 | CNY 5.28B | CNY 1.44B | CNY 442.26M | 43.7% | 1.09 | CNY 1.27B | CNY 85.92M | CNY 15.57B |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-10-09 | USD 1.58B | 15.8 | 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 |
| FY2023 | 0.01 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 1.58B.
What is RLX Technology Inc's P/E ratio?
RLX Technology Inc's price-to-earnings (P/E) ratio is 15.8.
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.