RLX Technology Inc

Company Profile

RLX Technology Inc had its IPO on 2021-01-22 under the ticker symbol RLX.

The company operates in the Consumer Defensive sector and Tobacco industry. RLX Technology Inc has a staff strength of 707 employees.

Stock update

Shares of RLX Technology Inc opened at $1.49 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $1.44 - $1.51, and closed at $1.47.

This is a -2% slip from the previous day's closing price.

A total volume of 2,933,977 shares were traded at the close of the day’s session.

In the last one week, shares of RLX Technology Inc have slipped by -6.96%.

RLX Technology Inc's Key Ratios

RLX Technology Inc has a market cap of $2.43 billion, indicating a price to book ratio of 1.8398 and a price to sales ratio of 0.5498.

In the last 12-months RLX Technology Inc’s revenue was $1.73 billion with a gross profit of $2.31 billion and an EBITDA of $-229536496. The EBITDA ratio measures RLX Technology Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, RLX Technology Inc’s operating margin was -19.05% while its return on assets stood at -1.2% with a return of equity of 2.8%.

In Q2, RLX Technology Inc’s quarterly earnings growth was a negative -56.8% while revenue growth was a negative 87.9%.

RLX Technology Inc’s PE and PEG Ratio

Forward PE

8.8652

Trailing PE

38.75

PEG

Its diluted EPS in the last 12-months stands at $0.04 per share while it has a forward price to earnings multiple of 8.8652 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into RLX Technology Inc’s profitability.

RLX Technology Inc stock is trading at a EV to sales ratio of 0.2976 and a EV to EBITDA ratio of 0.9919. Its price to sales ratio in the trailing 12-months stood at 0.5498.

RLX Technology Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$16.65 billion

Total Liabilities

$572.41 million

Operating Cash Flow

$0

Capital Expenditure

$0

Dividend Payout Ratio

0%

RLX Technology Inc ended 2024 with $16.65 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $16.65 billion while shareholder equity stood at $16.06 billion.

RLX Technology Inc ended 2024 with $0 in deferred long-term liabilities, $572.41 million in other current liabilities, in common stock, $0 in retained earnings and $0 in goodwill. Its cash balance stood at $1.76 billion and cash and short-term investments were $9.19 billion. The company’s total short-term debt was $49,286,000 while long-term debt stood at $0.

RLX Technology Inc’s total current assets stands at $9.83 billion while long-term investments were $6.59 billion and short-term investments were $7.43 billion. Its net receivables were $130.71 million compared to accounts payable of $132.19 million and inventory worth $90.18 million.

In 2024, RLX Technology Inc's operating cash flow was $0 while its capital expenditure stood at $0.

Comparatively, RLX Technology Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$1.47

52-Week High

$3.06

52-Week Low

$0.901

Analyst Target Price

$3.8

RLX Technology Inc stock is currently trading at $1.47 per share. It touched a 52-week high of $3.06 and a 52-week low of $3.06. Analysts tracking the stock have a 12-month average target price of $3.8.

Its 50-day moving average was $1.59 and 200-day moving average was $2.16 The short ratio stood at 3.49 indicating a short percent outstanding of 0%.

Around 4270.2% of the company’s stock are held by insiders while 2792.9% are held by institutions.