Market cap
$2,066 Mln
Revenue (TTM)
$4,475 Mln
P/E Ratio
15.4
P/B Ratio
0.9
Div. Yield
5.9 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | -37.41 | 15.13 | 53.35 | 34.62 | -10.24 |
| EBIT | -61.35 | 234.67 | 462.71 | 67.27 | 5.24 |
| Net Profit | -21.85 | -1.33 | 33.28 | 32.19 | 23.77 |
| EPS | -22.76 | 0.16 | 36.37 | 34.80 | 23.10 |
| Book Value | -- | -- | 2.56 | 2.22 | 143.42 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Dec-25 | Dec-24 |
| EBIT-Margin
| 34.55 | 33.65 | 22.77 | 29.12 | 26.95 |
| Net Margin
| -- | -- | 21.86 | -- | -- |
| Return on equity
| 4.20 | 10.39 | 6.12 | 5.67 | 3.49 |
| Return on Capital
| 4.17 | 10.22 | -- | 5.63 | 3.48 |
| Return on Assets
| 3.92 | 8.88 | 5.38 | 5.15 | 3.33 |
| Debt to Equity (x)
| -- | -- | 0.00 | 0.01 | 0.00 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
RLX Technology Inc (RLX)
|
--
|
5.63
|
3.48
|
3.41
|
9.82
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
ROE
6.12
Lower than Peers by 1.72
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
RLX Technology Inc (RLX)
|
6.12
|
5.67
|
3.49
|
3.43
|
9.91
|
|
Peer Median
|
7.84
|
--
|
--
|
--
|
--
|
ROA
5.38
Higher than Peers by 1.74
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
RLX Technology Inc (RLX)
|
5.38
|
5.15
|
3.33
|
3.27
|
8.80
|
|
Peer Median
|
3.64
|
--
|
--
|
--
|
--
|
EBIT Margin
22.77
Higher than Peers by 15.77
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
RLX Technology Inc (RLX)
|
22.77
|
29.12
|
26.95
|
47.57
|
33.38
|
|
Peer Median
|
7.00
|
--
|
--
|
--
|
--
|
Net Margin
21.86
Higher than Peers by 12.10
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
RLX Technology Inc (RLX)
|
21.86
|
25.49
|
22.57
|
42.95
|
27.03
|
|
Peer Median
|
9.76
|
--
|
--
|
--
|
--
|
Revenue Growth
53.35
Higher than Peers by 46.22
Year on year growth in net sales
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
RLX Technology Inc (RLX)
|
53.35
|
0.44
|
0.96
|
-0.77
|
-0.37
|
|
Peer Median
|
7.12
|
--
|
--
|
--
|
--
|
EBIT Growth
462.71
Higher than Peers by 453.80
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
RLX Technology Inc (RLX)
|
462.71
|
55.53
|
11.33
|
-66.76
|
-33.06
|
|
Peer Median
|
8.91
|
--
|
--
|
--
|
--
|
Net Profit Growth
33.28
Higher than Peers by 34.28
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
RLX Technology Inc (RLX)
|
33.28
|
62.50
|
3.28
|
-62.93
|
-28.82
|
|
Peer Median
|
-0.99
|
--
|
--
|
--
|
--
|
EPS Growth
36.37
Higher than Peers by 31.67
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
RLX Technology Inc (RLX)
|
36.37
|
0.70
|
0.06
|
-0.63
|
-0.26
|
|
Peer Median
|
4.71
|
--
|
--
|
--
|
--
|
Book Value Growth
-3.78
Lower than Peers by 6.60
Year on year growth in book value per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
RLX Technology Inc (RLX)
|
-3.78
|
--
|
--
|
--
|
--
|
|
Peer Median
|
2.82
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
--
--
Total debt / Net worth
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
RLX Technology Inc (RLX)
|
--
|
0.01
|
0.00
|
0.01
|
0.01
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Short term debt to equity ratio
0.01
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
RLX Technology Inc (RLX)
|
0.01
|
0.01
|
0.00
|
0.00
|
0.00
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
10.61
Higher than Peers by 8.14
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
RLX Technology Inc (RLX)
|
10.61
|
5.70
|
10.84
|
13.44
|
14.18
|
|
Peer Median
|
2.47
|
--
|
--
|
--
|
--
|
Quick Ratio
10.20
Higher than Peers by 9.22
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
RLX Technology Inc (RLX)
|
10.20
|
5.55
|
10.68
|
13.22
|
14.01
|
|
Peer Median
|
0.98
|
--
|
--
|
--
|
--
|
Interest Coverage
--
--
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
RLX Technology Inc (RLX)
|
--
|
--
|
--
|
--
|
9.85
|
|
Peer Median
|
5.13
|
--
|
--
|
--
|
--
|
Operating Efficiency
Debtors to sales
18.48
Higher than Peers by 8.90
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
RLX Technology Inc (RLX)
|
18.48
|
11.51
|
23.16
|
53.27
|
1.12
|
|
Peer Median
|
9.58
|
--
|
--
|
--
|
--
|
Asset Turnover
0.25
Lower than Peers by 0.25
Sales / Average Total Assets
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
RLX Technology Inc (RLX)
|
0.25
|
0.20
|
0.15
|
0.08
|
0.33
|
|
Peer Median
|
0.49
|
--
|
--
|
--
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
RLX Technology Inc (RLX)
|
--
|
50.41
|
91.81
|
106.02
|
2.93
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
RLX Technology Inc (RLX)
|
--
|
33.98
|
30.55
|
58.81
|
43.43
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
RLX Technology Inc (RLX)
|
--
|
53.96
|
43.04
|
34.53
|
33.69
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
RLX Technology Inc (RLX)
|
--
|
30.43
|
79.32
|
130.30
|
12.66
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|