RLX Technology (RLX) Financials

$2.16 +0.06 (+2.61%)

Closing price 05/15/2026 03:59 PM Eastern

Extended Trading

$2.16 0.00 (0.00%)

As of 05/15/2026 07:42 PM Eastern

Annual Income Statements for RLX Technology

This table shows RLX Technology's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Income / (Loss) Attributable to Common Shareholders	-0.04	6.86	-20	318	209	75	76	132
Consolidated Net Income / (Loss)	-0.04	6.86	-20	318	204	76	77	134
Net Income / (Loss) Continuing Operations	-0.04	6.86	-20	318	204	76	77	134
Total Pre-Tax Income	0.31	11	16	417	258	83	90	151
Total Operating Income	0.32	8.10	2.02	361	154	-70	-15	47
Total Gross Profit	8.62	83	235	576	334	55	100	169
Total Revenue	19	222	587	1,337	773	223	335	566
Operating Revenue	19	222	587	1,337	773	223	335	566
Total Cost of Revenue	11	139	353	761	439	169	235	397
Operating Cost of Revenue	11	139	353	761	439	169	235	397
Total Operating Expenses	8.30	75	233	216	180	125	114	122
Selling, General & Admin Expense	8.00	71	187	187	134	100	102	104
Research & Development Expense	0.30	4.58	46	28	46	24	12	19
Total Other Income / (Expense), net	-0.02	2.48	14	57	104	153	105	104
Interest & Investment Income	-0.02	0.11	8.11	26	46	123	91	88
Other Income / (Expense), net	-0.00	2.37	5.62	30	58	30	14	16
Income Tax Expense	0.35	3.72	35	99	54	7.15	13	17
Net Income / (Loss) Attributable to Noncontrolling Interest	-	0.00	0.00	0.54	-4.71	0.94	1.71	1.79
Basic Earnings per Share	$0.00	$0.03	($0.09)	$1.45	$0.16	$0.06	$0.06	$0.10
Weighted Average Basic Shares Outstanding	1.19B	1.44B	1.44B	1.40B	1.32B	1.31B	1.23B	1.22B
Diluted Earnings per Share	$0.00	$0.03	($0.09)	$1.44	$0.16	$0.06	$0.06	$0.10
Weighted Average Diluted Shares Outstanding	1.19B	1.44B	1.44B	1.41B	1.33B	1.34B	1.29B	1.22B
Weighted Average Basic & Diluted Shares Outstanding	-	-	1.44B	1.57B	1.57B	1.57B	1.57B	3.10B
Cash Dividends to Common per Share	-	-	-	-	-	-	-	$0.11

No quarterly income statements for RLX Technology are available.

This table details how cash moves in and out of RLX Technology's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Change in Cash & Equivalents	9.93	60	149	589	-568	159	442	-14
Net Cash From Operating Activities	-0.14	49	398	282	71	28	117	158
Net Cash From Continuing Operating Activities	-0.14	49	398	282	71	28	117	158
Net Income / (Loss) Continuing Operations	-0.04	6.86	-20	318	204	76	77	134
Consolidated Net Income / (Loss)	-0.04	6.86	-20	318	204	76	77	134
Depreciation Expense	0.00	0.34	3.03	6.41	11	5.30	3.80	4.42
Amortization Expense	0.01	1.58	6.58	11	13	8.31	6.58	8.67
Non-Cash Adjustments To Reconcile Net Income	0.39	7.23	289	19	-95	-24	71	19
Changes in Operating Assets and Liabilities, net	-0.50	33	119	-73	-62	-38	-42	-7.85
Net Cash From Investing Activities	-0.06	-71	-279	-1,235	-599	295	413	-118
Net Cash From Continuing Investing Activities	-0.06	-71	-279	-1,235	-599	295	413	-118
Purchase of Property, Plant & Equipment	-0.00	-12	-1.94	-21	-5.60	-3.97	-1.38	-17
Acquisitions	-0.05	-1.07	-0.75	-1.24	-0.86	-0.59	-0.30	-86
Purchase of Investments	0.00	-14	-848	-2,248	-2,672	-1,621	-1,614	-2,068
Sale of Property, Plant & Equipment	-	-	-	-	0.00	0.00	0.04	0.08
Sale and/or Maturity of Investments	0.00	0.00	883	2,192	6,046	2,712	2,189	2,436
Other Investing Activities, net	0.00	-44	-311	-1,157	-3,967	-792	-160	-383
Net Cash From Financing Activities	10	83	27	1,554	-69	-168	-93	-40
Net Cash From Continuing Financing Activities	10	83	27	1,554	-69	-168	-93	-40
Repayment of Debt	0.00	-0.00	-0.05	0.00	-29	0.57	-5.66	-14
Repurchase of Common Equity	-	0.00	0.00	-20	-73	-140	-81	-26
Payment of Dividends	0.00	-5.17	-	0.00	0.00	-13	-12	-13
Issuance of Debt	0.73	-	0.00	0.00	29	5.79	5.48	13
Issuance of Common Equity	-	0.00	0.00	1,576	0.00	1.56	0.00	0.00
Other Financing Activities, net	4.89	88	27	-1.75	3.46	-23	0.20	0.16
Effect of Exchange Rate Changes	-0.00	-0.12	2.97	-12	29	4.84	4.11	-14
Cash Interest Paid	-	-	0.00	0.00	0.20	0.00	0.02	0.23
Cash Income Taxes Paid	0.06	4.00	1.74	74	108	11	5.59	12

No quarterly cash flow statements for RLX Technology are available.

This table presents RLX Technology's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Total Assets	207	624	2,568	2,375	2,298	2,311	2,564
Total Current Assets	170	595	2,189	1,624	1,265	1,274	1,602
Cash & Equivalents	19	171	817	184	337	766	767
Restricted Cash	50	52	0.08	2.98	4.19	6.97	25
Short-Term Investments	5.74	227	568	353	436	99	333
Note & Lease Receivable	5.57	3.09	2.20	7.45	8.52	11	27
Accounts Receivable	0.00	3.23	0.30	0.74	17	47	30
Inventories, net	31	51	92	19	20	20	43
Prepaid Expenses	15	11	76	29	72	25	46
Other Current Assets	43	76	633	1,028	372	299	331
Plant, Property, & Equipment, net	9.54	11	22	13	11	6.96	35
Total Noncurrent Assets	28	18	356	738	1,022	1,030	927
Long-Term Investments	0.72	0.62	1.88	1.16	1.13	1.10	1.19
Goodwill	-	-	-	0.00	9.37	8.16	81
Intangible Assets	0.78	0.83	1.31	1.09	9.83	7.23	30
Noncurrent Deferred & Refundable Income Taxes	0.01	0.92	3.27	9.26	8.21	5.22	4.16
Other Noncurrent Operating Assets	16	16	350	727	993	1,008	810
Total Liabilities & Shareholders' Equity	207	624	2,568	2,375	2,298	2,311	2,564
Total Liabilities	192	392	447	122	101	121	314
Total Current Liabilities	89	384	430	115	94	118	281
Short-Term Debt	-	-	-	-	0.00	5.48	13
Accrued Expenses	3.68	18	49	23	15	15	21
Dividends Payable	-	-	-	0.00	0.12	0.16	68
Current Deferred Revenue	2.64	49	45	11	6.98	1.45	12
Current Deferred & Payable Income Tax Liabilities	0.40	56	94	16	11	17	23
Current Employee Benefit Liabilities	6.08	28	27	19	5.53	10	13
Other Current Liabilities	76	231	215	46	56	68	130
Total Noncurrent Liabilities	103	8.41	17	7.05	6.76	3.18	33
Noncurrent Deferred & Payable Income Tax Liabilities	1.52	0.80	0.71	1.25	3.32	2.22	16
Other Noncurrent Operating Liabilities	8.81	7.61	16	5.79	3.44	0.97	17
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	15	232	2,121	2,253	2,197	2,191	2,250
Total Preferred & Common Equity	15	232	2,121	2,257	2,199	2,190	2,236
Total Common Equity	15	232	2,121	2,257	2,199	2,190	2,236
Common Stock	8.56	245	1,864	1,749	1,706	1,743	1,846
Retained Earnings	6.67	-13	300	482	530	578	589
Treasury Stock	-	0.00	-20	-91	-180	-288	-327
Accumulated Other Comprehensive Income / (Loss)	-0.12	-0.10	-24	113	138	154	123
Other Equity Adjustments	0.14	0.15	0.36	4.03	3.92	3.74	3.90
Noncontrolling Interest	-	0.00	0.60	-4.16	-1.55	0.24	14

No quarterly balance sheets for RLX Technology are available.

This table displays calculated financial ratios and metrics derived from RLX Technology's official financial filings.

Metric	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
DEI Shares Outstanding	-	-	-	-	-	-	-	1,570,790,570.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	-	1,570,790,570.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	-	0.08
Growth Metrics	-	-	-	-	-	-	-	-
Revenue Growth	0.00%	1,052.47%	164.10%	127.60%	-42.18%	-71.10%	49.88%	69.04%
EBITDA Growth	0.00%	3,698.47%	39.12%	2,271.79%	-42.31%	-111.06%	136.01%	711.05%
EBIT Growth	0.00%	3,162.47%	-27.04%	5,020.44%	-45.78%	-118.71%	97.51%	6,479.34%
NOPAT Growth	0.00%	12,018.68%	-148.20%	10,975.96%	-55.65%	-152.43%	80.34%	431.44%
Net Income Growth	0.00%	16,511.17%	-387.40%	1,715.30%	-35.82%	-62.69%	1.47%	72.82%
EPS Growth	0.00%	16,600.00%	-369.70%	1,713.48%	-24.44%	-63.23%	4.27%	70.31%
Operating Cash Flow Growth	0.00%	34,238.85%	720.37%	-29.08%	-75.01%	-60.35%	318.22%	34.95%
Free Cash Flow Firm Growth	0.00%	0.00%	1,027.12%	-372.71%	-26.38%	126.70%	-63.42%	91.98%
Invested Capital Growth	0.00%	0.00%	-783.22%	435.11%	133.34%	-17.09%	-6.78%	-8.98%
Revenue Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EBITDA Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EBIT Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
NOPAT Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Net Income Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EPS Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Invested Capital Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Profitability Metrics	-	-	-	-	-	-	-	-
Gross Margin	44.68%	37.50%	39.99%	43.09%	43.23%	24.44%	29.72%	29.90%
EBITDA Margin	1.69%	5.57%	2.94%	30.59%	30.52%	-11.68%	2.81%	13.46%
Operating Margin	1.67%	3.64%	0.34%	26.98%	19.94%	-31.31%	-4.38%	8.30%
EBIT Margin	1.66%	4.71%	1.30%	29.26%	27.44%	-17.77%	-0.30%	11.15%
Profit (Net Income) Margin	-0.22%	3.08%	-3.35%	23.80%	26.42%	34.10%	23.09%	23.60%
Tax Burden Percent	-13.68%	64.81%	-125.06%	76.26%	79.13%	91.42%	85.66%	88.70%
Interest Burden Percent	95.15%	101.02%	206.21%	106.68%	121.68%	-209.96%	-9,123.43%	238.68%
Effective Tax Rate	113.68%	35.19%	225.06%	23.74%	20.87%	8.58%	14.34%	11.30%
Return on Invested Capital (ROIC)	0.00%	32.75%	0.00%	106.87%	9.98%	-4.08%	-0.92%	3.30%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	51.91%	0.00%	102.18%	1.45%	-25.34%	-11.85%	-6.32%
Return on Net Nonoperating Assets (RNNOA)	0.00%	57.11%	0.00%	-79.83%	-0.64%	7.51%	4.44%	2.72%
Return on Equity (ROE)	0.00%	89.85%	-15.93%	27.05%	9.34%	3.42%	3.52%	6.02%
Cash Return on Invested Capital (CROIC)	0.00%	-167.25%	0.00%	-92.35%	-70.03%	14.60%	6.10%	12.70%
Operating Return on Assets (OROA)	0.00%	5.05%	1.84%	24.51%	8.58%	-1.70%	-0.04%	2.59%
Return on Assets (ROA)	0.00%	3.31%	-4.74%	19.94%	8.26%	3.26%	3.35%	5.48%
Return on Common Equity (ROCE)	0.00%	89.85%	-15.93%	27.04%	9.35%	3.43%	3.53%	6.00%
Return on Equity Simple (ROE_SIMPLE)	0.00%	44.93%	-8.49%	15.01%	9.05%	3.47%	3.53%	0.00%
Net Operating Profit after Tax (NOPAT)	-0.04	5.25	-2.53	275	122	-64	-13	42
NOPAT Margin	-0.23%	2.36%	-0.43%	20.57%	15.78%	-28.63%	-3.75%	7.36%
Net Nonoperating Expense Percent (NNEP)	0.00%	-19.16%	-7.91%	4.70%	8.53%	21.26%	10.93%	9.61%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-0.57%	1.84%
Cost of Revenue to Revenue	55.32%	62.50%	60.01%	56.91%	56.77%	75.56%	70.28%	70.10%
SG&A Expenses to Revenue	41.45%	31.80%	31.81%	14.01%	17.34%	44.87%	30.49%	18.29%
R&D to Revenue	1.56%	2.06%	7.84%	2.11%	5.95%	10.89%	3.61%	3.31%
Operating Expenses to Revenue	43.01%	33.86%	39.65%	16.12%	23.28%	55.75%	34.10%	21.60%
Earnings before Interest and Taxes (EBIT)	0.32	10	7.64	391	212	-40	-0.99	63
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	0.33	12	17	409	236	-26	9.39	76
Valuation Ratios	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	91.62	6.02	2.63	1.59	1.43	1.55	1.57
Price to Tangible Book Value (P/TBV)	0.00	96.52	6.05	2.63	1.59	1.44	1.56	1.65
Price to Revenue (P/Rev)	72.43	6.28	2.38	4.17	4.64	14.06	10.13	6.19
Price to Earnings (P/E)	0.00	203.92	0.00	17.56	17.16	41.74	44.88	26.60
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.50%	0.46%	0.90%
Earnings Yield	0.00%	0.49%	0.00%	5.70%	5.83%	2.40%	2.23%	3.76%
Enterprise Value to Invested Capital (EV/IC)	0.00	41.25	0.00	5.71	1.78	1.66	1.91	2.00
Enterprise Value to Revenue (EV/Rev)	0.00	5.94	1.61	3.13	3.93	10.57	7.54	4.25
Enterprise Value to EBITDA (EV/EBITDA)	0.00	106.66	54.92	10.25	12.88	0.00	268.84	31.59
Enterprise Value to EBIT (EV/EBIT)	0.00	126.26	123.96	10.71	14.33	0.00	0.00	38.14
Enterprise Value to NOPAT (EV/NOPAT)	0.00	251.96	0.00	15.24	24.92	0.00	0.00	57.76
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	27.23	2.38	14.84	43.07	84.41	21.58	15.24
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	3.81	0.00	0.00	10.33	30.20	14.99
Leverage & Solvency	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.01
Long-Term Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Financial Leverage	0.00	1.10	-1.76	-0.78	-0.44	-0.30	-0.37	-0.43
Leverage Ratio	0.00	13.59	3.36	1.36	1.13	1.05	1.05	1.10
Compound Leverage Factor	0.00	13.73	6.94	1.45	1.37	-2.20	-95.84	2.62
Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.25%	0.58%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.25%	0.58%
Long-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.03%	-0.18%	-0.07%	0.01%	0.62%
Common Equity to Total Capital	0.00%	100.00%	100.00%	99.97%	100.18%	100.07%	99.74%	98.80%
Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.58	0.17
Net Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	-92.34	-14.62
Long-Term Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	-0.44	0.32
Net Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	68.99	-26.72
Long-Term Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Altman Z-Score	0.00	6.12	3.50	9.50	19.36	19.65	17.96	7.94
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.03%	-0.08%	-0.13%	-0.03%	0.32%
Liquidity Ratios	-	-	-	-	-	-	-	-
Current Ratio	0.00	1.91	1.55	5.10	14.18	13.44	10.84	5.70
Quick Ratio	0.00	0.35	1.05	3.23	4.76	8.47	7.85	4.12
Cash Flow Metrics	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	-27	248	-678	-856	229	84	161
Operating Cash Flow to CapEx	-3,368.96%	397.96%	20,575.15%	1,374.59%	1,259.97%	704.10%	8,716.96%	942.79%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-
Asset Turnover	0.00	1.07	1.41	0.84	0.31	0.10	0.15	0.23
Accounts Receivable Turnover	0.00	0.00	0.00	756.59	1,479.81	25.59	10.44	14.61
Inventory Turnover	0.00	4.42	8.59	10.64	7.88	8.57	11.79	12.78
Fixed Asset Turnover	0.00	23.32	55.95	78.83	43.93	18.91	37.52	26.87
Accounts Payable Turnover	0.00	3,249.68	400.30	0.00	0.00	0.00	0.00	0.00
Days Sales Outstanding (DSO)	0.00	0.00	0.00	0.48	0.25	14.26	34.95	24.98
Days Inventory Outstanding (DIO)	0.00	82.66	42.50	34.31	46.32	42.57	30.96	28.56
Days Payable Outstanding (DPO)	0.00	0.11	0.91	0.00	0.00	0.00	0.00	0.00
Cash Conversion Cycle (CCC)	0.00	82.55	41.59	34.80	46.57	56.83	65.92	53.54
Capital & Investment Metrics	-	-	-	-	-	-	-	-
Invested Capital	0.00	32	-219	734	1,712	1,419	1,323	1,204
Invested Capital Turnover	0.00	13.88	-6.29	5.20	0.63	0.14	0.24	0.45
Increase / (Decrease) in Invested Capital	0.00	32	-251	953	978	-293	-96	-119
Enterprise Value (EV)	0.00	1,322	947	4,191	3,040	2,362	2,526	2,407
Market Capitalization	1,398	1,398	1,398	5,579	3,585	3,142	3,393	3,507
Book Value per Share	$0.00	$0.01	$0.16	$1.48	$1.44	$1.40	$1.39	$1.42
Tangible Book Value per Share	$0.00	$0.01	$0.16	$1.48	$1.44	$1.39	$1.38	$1.35
Total Capital	0.00	15	232	2,121	2,253	2,197	2,196	2,263
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00	5.48	13
Total Long-Term Debt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt	0.00	-76	-451	-1,388	-541	-778	-867	-1,114
Capital Expenditures (CapEx)	0.00	12	1.94	21	5.60	3.97	1.34	17
Debt-free, Cash-free Net Working Capital (DFCFNWC)	0.00	5.58	-240	374	969	395	290	209
Debt-free Net Working Capital (DFNWC)	0.00	81	211	1,760	1,509	1,171	1,162	1,334
Net Working Capital (NWC)	0.00	81	211	1,760	1,509	1,171	1,157	1,321
Net Nonoperating Expense (NNE)	-0.00	-1.61	17	-43	-82	-140	-90	-92
Net Nonoperating Obligations (NNO)	0.00	17	-451	-1,388	-541	-778	-867	-1,045
Total Depreciation and Amortization (D&A)	0.01	1.92	9.60	18	24	14	10	13
Debt-free, Cash-free Net Working Capital to Revenue	0.00%	2.51%	-40.78%	27.96%	125.35%	176.63%	86.68%	36.86%
Debt-free Net Working Capital to Revenue	0.00%	36.34%	35.87%	131.60%	195.18%	524.15%	347.03%	235.70%
Net Working Capital to Revenue	0.00%	36.34%	35.87%	131.60%	195.18%	524.15%	345.39%	233.37%
Earnings Adjustments	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	$0.00	($0.01)	$1.45	$1.09	$0.41	$0.06	$0.10
Adjusted Weighted Average Basic Shares Outstanding	0.00	0.00	1.44B	1.40B	1.32B	1.31B	1.23B	1.22B
Adjusted Diluted Earnings per Share	$0.00	$0.00	($0.01)	$1.44	$1.09	$0.40	$0.06	$0.10
Adjusted Weighted Average Diluted Shares Outstanding	0.00	0.00	1.44B	1.41B	1.33B	1.34B	1.29B	1.22B
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	0.00	1.44B	1.57B	1.57B	1.57B	1.57B	3.10B
Normalized Net Operating Profit after Tax (NOPAT)	0.23	5.25	1.42	275	122	-64	-13	42
Normalized NOPAT Margin	1.17%	2.36%	0.24%	20.57%	15.78%	-28.63%	-3.75%	7.36%
Pre Tax Income Margin	1.58%	4.76%	2.68%	31.21%	33.38%	37.30%	26.95%	26.61%
Debt Service Ratios	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	75.40%	0.00%	0.00%	0.00%	17.08%	15.74%	9.79%
Augmented Payout Ratio	0.00%	75.40%	0.00%	6.29%	35.52%	201.30%	120.17%	29.47%

No quarterly metrics and ratios for RLX Technology are available.

Financials Breakdown Chart

RLX Technology Financials - Frequently Asked Questions

According to the most recent income statement we have on file, RLX Technology's fiscal year ends in December. Their fiscal year 2025 ended on December 31, 2025.

RLX Technology's net income appears to be on an upward trend, with a most recent value of $133.61 million in 2025, falling from -$41.77 thousand in 2018. The previous period was $77.31 million in 2024. Find out what analysts predict for RLX Technology in the coming months.

RLX Technology's total operating income in 2025 was $46.98 million, based on the following breakdown:

Total Gross Profit: $169.25 million
Total Operating Expenses: $122.27 million

Over the last 7 years, RLX Technology's total revenue changed from $19.30 million in 2018 to $566.11 million in 2025, a change of 2,832.9%.

RLX Technology's total liabilities were at $314.30 million at the end of 2025, a 160.4% increase from 2024, and a 63.6% increase since 2019.

In the past 6 years, RLX Technology's cash and equivalents has ranged from $19.46 million in 2019 to $817.40 million in 2021, and is currently $767.49 million as of their latest financial filing in 2025.

Over the last 7 years, RLX Technology's book value per share changed from 0.00 in 2018 to 1.42 in 2025, a change of 142.3%.

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Financial statements for NYSE:RLX last updated on 4/28/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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RLX Technology (RLX) Financials

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RLX Technology Financials - Frequently Asked Questions

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RLX Technology (RLX) Financials

Annual Income Statements for RLX Technology

Quarterly Income Statements for RLX Technology

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Quarterly Cash Flow Statements for RLX Technology

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Quarterly Balance Sheets for RLX Technology

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Quarterly Metrics And Ratios for RLX Technology

Financials Breakdown Chart

RLX Technology Financials - Frequently Asked Questions

When does RLX Technology's financial year end?

How has RLX Technology's net income changed over the last 7 years?

What is RLX Technology's operating income?

How has RLX Technology's revenue changed over the last 7 years?

How much debt does RLX Technology have?

How much cash does RLX Technology have?

How has RLX Technology's book value per share changed over the last 7 years?

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