RLX TECHNOLOGY INC-ADR (RLX) Stock Fundamental Analysis

NYSE:RLX • US74969N1037

2.41 USD
+0.02 (+0.84%)
Last: Feb 24, 2026, 10:40 AM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

6

RLX gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 8 industry peers in the Tobacco industry. RLX is in great health and has no worries on liquidiy or solvency at all, but the profibility rating is only average. RLX is showing excellent growth while it is valued at reasonable prices. Keep and eye on this one!


Dividend Valuation Growth Profitability Health

4

1. Profitability

1.1 Basic Checks

  • RLX had positive earnings in the past year.
  • In the past year RLX had a positive cash flow from operations.
  • Of the past 5 years RLX 4 years were profitable.
  • Each year in the past 5 years RLX had a positive operating cash flow.
RLX Yearly Net Income VS EBIT VS OCF VS FCFRLX Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2018 2019 2020 2021 2022 2023 2024 0 1B 2B

1.2 Ratios

  • RLX has a better Return On Assets (4.38%) than 62.50% of its industry peers.
  • The Return On Equity of RLX (4.75%) is better than 62.50% of its industry peers.
  • With a Return On Invested Capital value of 1.06%, RLX is not doing good in the industry: 62.50% of the companies in the same industry are doing better.
Industry RankSector Rank
ROA 4.38%
ROE 4.75%
ROIC 1.06%
ROA(3y)5.12%
ROA(5y)4.91%
ROE(3y)5.38%
ROE(5y)4.52%
ROIC(3y)N/A
ROIC(5y)N/A
RLX Yearly ROA, ROE, ROICRLX Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2018 2019 2020 2021 2022 2023 2024 0 10 20 30 40

1.3 Margins

  • RLX has a better Profit Margin (21.05%) than 75.00% of its industry peers.
  • RLX's Profit Margin has improved in the last couple of years.
  • With a Operating Margin value of 5.46%, RLX is not doing good in the industry: 62.50% of the companies in the same industry are doing better.
  • With a Gross Margin value of 28.79%, RLX perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
  • In the last couple of years the Gross Margin of RLX has declined.
Industry RankSector Rank
OM 5.46%
PM (TTM) 21.05%
GM 28.79%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-5.46%
PM growth 5Y45.47%
GM growth 3Y-15.04%
GM growth 5Y-6.75%
RLX Yearly Profit, Operating, Gross MarginsRLX Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2018 2019 2020 2021 2022 2023 2024 0 20 -20 40

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ROAROEROICOperating and Profit MarginShow most profitable peers

8

2. Health

2.1 Basic Checks

  • RLX has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
  • The number of shares outstanding for RLX has been reduced compared to 1 year ago.
  • Compared to 5 years ago, RLX has less shares outstanding
  • Compared to 1 year ago, RLX has an improved debt to assets ratio.
RLX Yearly Shares OutstandingRLX Yearly Shares OutstandingYearly Shares Outstanding 2018 2019 2020 2021 2022 2023 2024 500M 1B
RLX Yearly Total Debt VS Total AssetsRLX Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2018 2019 2020 2021 2022 2023 2024 5B 10B 15B

2.2 Solvency

  • The Debt to FCF ratio of RLX is 0.09, which is an excellent value as it means it would take RLX, only 0.09 years of fcf income to pay off all of its debts.
  • The Debt to FCF ratio of RLX (0.09) is better than 100.00% of its industry peers.
  • A Debt/Equity ratio of 0.01 indicates that RLX is not too dependend on debt financing.
  • RLX has a better Debt to Equity ratio (0.01) than 87.50% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.01
Debt/FCF 0.09
Altman-Z N/A
ROIC/WACC0.14
WACC7.65%
RLX Yearly LT Debt VS Equity VS FCFRLX Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2018 2019 2020 2021 2022 2023 2024 0 5B 10B 15B

2.3 Liquidity

  • A Current Ratio of 9.30 indicates that RLX has no problem at all paying its short term obligations.
  • The Current ratio of RLX (9.30) is better than 100.00% of its industry peers.
  • A Quick Ratio of 9.08 indicates that RLX has no problem at all paying its short term obligations.
  • With an excellent Quick ratio value of 9.08, RLX belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 9.3
Quick Ratio 9.08
RLX Yearly Current Assets VS Current LiabilitesRLX Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B 8B 10B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

7

3. Growth

3.1 Past

  • RLX shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -13.37%.
  • Measured over the past years, RLX shows a very strong growth in Earnings Per Share. The EPS has been growing by 70.32% on average per year.
  • RLX shows a strong growth in Revenue. In the last year, the Revenue has grown by 43.72%.
  • Measured over the past years, RLX shows a quite strong growth in Revenue. The Revenue has been growing by 12.15% on average per year.
EPS 1Y (TTM)-13.37%
EPS 3Y-33.16%
EPS 5Y70.32%
EPS Q2Q%5%
Revenue 1Y (TTM)43.72%
Revenue growth 3Y-31.42%
Revenue growth 5Y12.15%
Sales Q2Q%49.32%

3.2 Future

  • Based on estimates for the next years, RLX will show a quite strong growth in Earnings Per Share. The EPS will grow by 9.15% on average per year.
  • RLX is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 27.69% yearly.
EPS Next Y18.19%
EPS Next 2Y12.14%
EPS Next 3Y9.15%
EPS Next 5YN/A
Revenue Next Year45.09%
Revenue Next 2Y35.29%
Revenue Next 3Y27.69%
Revenue Next 5YN/A

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
RLX Yearly Revenue VS EstimatesRLX Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2B 4B 6B 8B
RLX Yearly EPS VS EstimatesRLX Yearly EPS VS EstimatesYearly EPS VS Estimates 2020 2021 2022 2023 2024 2025 2026 2027 0.5 1

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Find the best growth stocksShow best growing peers

4

4. Valuation

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 21.91, the valuation of RLX can be described as rather expensive.
  • RLX's Price/Earnings ratio is a bit cheaper when compared to the industry. RLX is cheaper than 62.50% of the companies in the same industry.
  • Compared to an average S&P500 Price/Earnings ratio of 26.64, RLX is valued at the same level.
  • RLX is valuated rather expensively with a Price/Forward Earnings ratio of 18.57.
  • Based on the Price/Forward Earnings ratio, RLX is valued a bit cheaper than the industry average as 62.50% of the companies are valued more expensively.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 27.75, RLX is valued a bit cheaper.
Industry RankSector Rank
PE 21.91
Fwd PE 18.57
RLX Price Earnings VS Forward Price EarningsRLX Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40

4.2 Price Multiples

  • RLX's Enterprise Value to EBITDA is on the same level as the industry average.
  • RLX's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. RLX is cheaper than 75.00% of the companies in the same industry.
Industry RankSector Rank
P/FCF 15.71
EV/EBITDA 24.23
RLX Per share dataRLX EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0.5 1 1.5

4.3 Compensation for Growth

  • RLX's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PEG (NY)1.2
PEG (5Y)0.31
EPS Next 2Y12.14%
EPS Next 3Y9.15%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

4

5. Dividend

5.1 Amount

  • With a Yearly Dividend Yield of 4.64%, RLX is a good candidate for dividend investing.
  • Compared to an average industry Dividend Yield of 3.23, RLX pays a bit more dividend than its industry peers.
  • RLX's Dividend Yield is rather good when compared to the S&P500 average which is at 1.80.
Industry RankSector Rank
Dividend Yield 4.64%

5.2 History

  • RLX has been paying a dividend for less than 5 years, so it still needs to build a track record.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
RLX Yearly Dividends per shareRLX Yearly Dividends per shareYearly Dividends per share 2023 2024 2025 2026 0.02 0.04 0.06 0.08

5.3 Sustainability

DPN/A
EPS Next 2Y12.14%
EPS Next 3Y9.15%
RLX Yearly Income VS Free CF VS DividendRLX Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2018 2019 2020 2021 2022 2023 2024 0 500M 1B 1.5B 2B 2.5B

More info and screens

Find the best dividend stocksShow peers with best dividend

RLX TECHNOLOGY INC-ADR

NYSE:RLX (2/24/2026, 10:40:36 AM)

2.41

+0.02 (+0.84%)

Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryTobacco
Earnings (Last)11-14
Earnings (Next)03-12
Inst Owners27.87%
Inst Owner Change-2.08%
Ins Owners47.75%
Ins Owner ChangeN/A
Market Cap2.94B
Revenue(TTM)3.63B
Net Income(TTM)764.28M
Analysts77.14
Price Target3.14 (30.29%)
Short Float %5.06%
Short Ratio1.84
Dividend
Industry RankSector Rank
Dividend Yield 4.64%
Yearly Dividend0.01
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-Date01-26
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-13.25%
Min EPS beat(2)-21.02%
Max EPS beat(2)-5.49%
EPS beat(4)1
Avg EPS beat(4)-5.3%
Min EPS beat(4)-21.02%
Max EPS beat(4)11.24%
EPS beat(8)2
Avg EPS beat(8)11.83%
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)2
Avg Revenue beat(2)15.9%
Min Revenue beat(2)11.59%
Max Revenue beat(2)20.2%
Revenue beat(4)4
Avg Revenue beat(4)10.49%
Min Revenue beat(4)4.84%
Max Revenue beat(4)20.2%
Revenue beat(8)7
Avg Revenue beat(8)6.44%
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)0.82%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)3%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.56%
Valuation
Industry RankSector Rank
PE 21.91
Fwd PE 18.57
P/S 5.59
P/FCF 15.71
P/OCF 15.71
P/B 1.26
P/tB 1.33
EV/EBITDA 24.23
EPS(TTM)0.11
EY4.56%
EPS(NY)0.13
Fwd EY5.38%
FCF(TTM)0.15
FCFY6.37%
OCF(TTM)0.15
OCFY6.37%
SpS0.43
BVpS1.91
TBVpS1.82
PEG (NY)1.2
PEG (5Y)0.31
Graham Number2.18
Profitability
Industry RankSector Rank
ROA 4.38%
ROE 4.75%
ROCE 1.21%
ROIC 1.06%
ROICexc 2.18%
ROICexgc 2.42%
OM 5.46%
PM (TTM) 21.05%
GM 28.79%
FCFM 35.56%
ROA(3y)5.12%
ROA(5y)4.91%
ROE(3y)5.38%
ROE(5y)4.52%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-5.46%
PM growth 5Y45.47%
GM growth 3Y-15.04%
GM growth 5Y-6.75%
F-Score7
Asset Turnover0.21
Health
Industry RankSector Rank
Debt/Equity 0.01
Debt/FCF 0.09
Debt/EBITDA 0.41
Cap/Depr N/A
Cap/Sales N/A
Interest Coverage 250
Cash Conversion 471.47%
Profit Quality 168.96%
Current Ratio 9.3
Quick Ratio 9.08
Altman-Z N/A
F-Score7
WACC7.65%
ROIC/WACC0.14
Cap/Depr(3y)25.61%
Cap/Depr(5y)45.41%
Cap/Sales(3y)1.11%
Cap/Sales(5y)1.08%
Profit Quality(3y)71.47%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-13.37%
EPS 3Y-33.16%
EPS 5Y70.32%
EPS Q2Q%5%
EPS Next Y18.19%
EPS Next 2Y12.14%
EPS Next 3Y9.15%
EPS Next 5YN/A
Revenue 1Y (TTM)43.72%
Revenue growth 3Y-31.42%
Revenue growth 5Y12.15%
Sales Q2Q%49.32%
Revenue Next Year45.09%
Revenue Next 2Y35.29%
Revenue Next 3Y27.69%
Revenue Next 5YN/A
EBIT growth 1Y185.7%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year113.33%
EBIT Next 3Y53.59%
EBIT Next 5YN/A
FCF growth 1Y422.89%
FCF growth 3Y-20.26%
FCF growth 5Y27.93%
OCF growth 1Y463.39%
OCF growth 3Y-21.99%
OCF growth 5Y20.37%

RLX TECHNOLOGY INC-ADR / RLX FAQ

What is the fundamental rating for RLX stock?

ChartMill assigns a fundamental rating of 6 / 10 to RLX.


Can you provide the valuation status for RLX TECHNOLOGY INC-ADR?

ChartMill assigns a valuation rating of 4 / 10 to RLX TECHNOLOGY INC-ADR (RLX). This can be considered as Fairly Valued.


What is the profitability of RLX stock?

RLX TECHNOLOGY INC-ADR (RLX) has a profitability rating of 4 / 10.


What are the PE and PB ratios of RLX TECHNOLOGY INC-ADR (RLX) stock?

The Price/Earnings (PE) ratio for RLX TECHNOLOGY INC-ADR (RLX) is 21.91 and the Price/Book (PB) ratio is 1.26.


Can you provide the financial health for RLX stock?

The financial health rating of RLX TECHNOLOGY INC-ADR (RLX) is 8 / 10.