Security
RLX Technology Inc. American Depositary Shares, each representing the right to receive one (1) Class A ordinary share · RLX
RLXNYSERightCurrentCIK 1828365Updated Oct 6, 2026
RLX price & chart
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About the company
RLX Technology Inc. (NYSE: RLX) is a leading global branded e-vapor company. The Company leverages its strong in-house technology, product development capabilities and in-depth insights into adult smokers' needs to develop superior e-vapor products.
In the news
RLX Technology Files 2025 Annual Report on Form 20-F ↗
Recent filings
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 2,563,895,000Source | 2,311,324,000Source | 2,297,936,000Source | 2,374,706,000Source |
| Property, Plant and Equipment, NetUSD | 35,175,000Source | 6,958,000Source | 10,896,000Source | 12,740,000Source |
| GoodwillUSD | 81,106,000Source | 8,163,000Source | 9,367,000Source | — |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 767,491,000Source | 766,305,000Source | 336,666,000Source | 183,917,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentCNY | — | — | — | 51,381,000Source |
| Inventory, NetUSD | 42,568,000Source | 19,530,000Source | 20,402,000Source | 18,979,000Source |
| Assets, CurrentUSD | 1,602,156,000Source | 1,274,229,000Source | 1,265,350,000Source | 1,623,580,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 45,685,000Source | 25,357,000Source | 71,612,000Source | 28,842,000Source |
| Operating Lease, Right-of-Use AssetUSD | 11,787,000Source | 3,303,000Source | 7,403,000Source | 10,875,000Source |
| Other Assets, NoncurrentUSD | 4,206,000Source | 1,358,000Source | 686,000Source | 1,951,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 314,305,000Source | 120,710,000Source | 100,942,000Source | 121,566,000Source |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 15,000Source | 14,000Source | 15,000Source | 15,000Source |
| Additional Paid in CapitalUSD | 1,846,145,000Source | 1,743,172,000Source | 1,706,434,000Source | 1,748,866,000Source |
| Retained Earnings (Accumulated Deficit)USD | 589,123,000Source | 578,095,000Source | 530,386,000Source | 482,024,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | 123,359,000Source | 153,841,000Source | 138,213,000Source | 113,399,000Source |
| Stockholders' Equity Attributable to ParentUSD | 2,235,596,000Source | 2,190,376,000Source | 2,198,540,000Source | 2,257,301,000Source |
| Liabilities and EquityUSD | 2,563,895,000Source | 2,311,324,000Source | 2,297,936,000Source | 2,374,706,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 281,004,000Source | 117,525,000Source | 94,180,000Source | 114,516,000Source |
| Operating Lease, Liability, CurrentUSD | 4,088,000Source | 1,568,000Source | 4,146,000Source | 6,663,000Source |
| Accounts Payable, CurrentCNY | 303,551,000Source | 295,490,000Source | 109,410,000Source | 52,493,000Source |
| Operating Lease, Liability, NoncurrentUSD | 7,961,000Source | 966,000Source | 3,439,000Source | 5,795,000Source |
| Deferred Income Tax Liabilities, NetUSD | 16,146,000Source | 2,219,000Source | 3,323,000Source | 1,255,000Source |
| Other Liabilities, NoncurrentUSD | 9,194,000Source | — | — | — |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | 13,994,000Source | 238,000Source | -1,546,000Source | -4,161,000Source |
| Additional Financial Items | ||||
| Dividends Payable, CurrentUSD | 68,475,000Source | 157,000Source | 124,000Source | — |
| Short-term InvestmentsUSD | 332,701,000Source | 98,606,000Source | 435,659,000Source | 353,022,000Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | 133,615,000Source | 77,315,000Source | 76,196,000Source | 204,245,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Share-based Payment Arrangement, Noncash ExpenseUSD | 26,631,000Source | 50,642,000Source | 51,108,000Source | 24,091,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in InventoriesUSD | 7,878,000Source | 2,979,000Source | 5,501,000Source | -40,378,000Source |
| Deferred Income Tax Expense (Benefit)USD | -391,000Source | 1,324,000Source | 633,000Source | -5,640,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 157,948,000Source | 117,045,000Source | 27,987,000Source | 70,584,000Source |
| Cash flows from investing activities: | ||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | 85,669,000Source | — | — | — |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -117,572,000Source | 413,464,000Source | 294,532,000Source | -599,234,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 16,835,000Source | 1,382,000Source | 3,975,000Source | 5,602,000Source |
| Cash flows from financing activities: | ||||
| Payments for Repurchase of Common StockUSD | 26,302,000Source | 80,741,000Source | 140,372,000Source | 72,547,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -40,432,000Source | -92,890,000Source | -168,061,000Source | -69,198,000Source |
| Dividends paid | —Source | —Source | —Source | — |
| Proceeds from (Payments for) Other Financing ActivitiesUSD | -225,000Source | -24,000Source | 569,000Source | 93,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -14,206,000Source | 441,727,000Source | 159,294,000Source | -568,402,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 792,927,000Source | 773,274,000Source | 340,858,000Source | 186,900,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 225,000Source | 24,000Source | — | 203,000Source |
| Income Taxes Paid, NetUSD | 12,197,000Source | 5,590,000Source | 10,542,000Source | 107,801,000Source |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseCNY | 186,235,000Source | 369,655,000Source | 362,868,000Source | 166,161,000Source |
| Amortization of Intangible AssetsUSD | 4,207,000Source | 1,714,000Source | 1,252,000Source | 778,000Source |
| DepreciationUSD | 4,415,000Source | 3,800,000Source | 5,299,000Source | 11,025,000Source |
| Dividends Payable, CurrentUSD | 68,475,000Source | 157,000Source | 124,000Source | — |
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual AmountCNY | 0Source | 0Source | 0Source | 4,000,000Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | 427,000Source | -1,926,000Source | 81,000Source | -844,000Source |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | -26,000Source | -752,000Source | -421,000Source | -178,000Source |
| General and Administrative ExpenseUSD | 48,178,000Source | 70,676,000Source | 70,144,000Source | 83,630,000Source |
| GoodwillUSD | 81,106,000Source | 8,163,000Source | 9,367,000Source | — |
| Goodwill, Impairment LossCNY | 0Source | 0Source | 0Source | — |
| Income Tax Expense (Benefit)USD | 17,015,000Source | 12,941,000Source | 7,149,000Source | 53,874,000Source |
| Inventory Write-downUSD | 5,291,000Source | 3,335,000Source | 5,028,000Source | 26,052,000Source |
| Net Income (Loss) Attributable to ParentUSD | 131,826,000Source | 75,602,000Source | 75,258,000Source | 208,955,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | 1,789,000Source | 1,713,000Source | 938,000Source | -4,710,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicCNY | 854,095,000Source | 551,837,000Source | 534,328,000Source | 1,441,219,000Source |
| Operating ExpensesUSD | 122,270,000Source | 114,211,000Source | 124,568,000Source | 180,033,000Source |
| Other Nonoperating Income (Expense)USD | 16,126,000Source | 13,690,000Source | 30,264,000Source | 57,942,000Source |
| Proceeds from Contributions from ParentCNY | — | — | 0Source | 0Source |
| Proceeds from Noncontrolling InterestsUSD | — | — | 1,556,000Source | — |
| Proceeds from Stock Options ExercisedUSD | 165,000Source | 198,000Source | 1,232,000Source | 3,459,000Source |
| Financing Receivable, Credit Loss, Expense (Reversal)USD | 327,000Source | 554,000Source | 227,000Source | 3,630,000Source |
| Unrealized Gain (Loss) on InvestmentsUSD | -311,000Source | -297,000Source | 89,000Source | -787,000Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 566,110,000Source | 376,553,000Source | 223,439,000Source | 773,180,000Source |
| Cost of Goods and Services Sold | —Source | —Source | —Source | —Source |
| Operating Income (Loss)USD | 46,984,000Source | -14,679,000Source | -69,960,000Source | 154,179,000Source |
| Other Nonoperating Income (Expense)USD | 16,126,000Source | 13,690,000Source | 30,264,000Source | 57,942,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 150,630,000Source | 90,256,000Source | 83,345,000Source | 258,119,000Source |
| Income Tax Expense (Benefit)USD | 17,015,000Source | 12,941,000Source | 7,149,000Source | 53,874,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | 1,789,000Source | 1,713,000Source | 938,000Source | -4,710,000Source |
| Net Income (Loss) Attributable to ParentUSD | 131,826,000Source | 75,602,000Source | 75,258,000Source | 208,955,000Source |
| Earnings Per Share, BasicUSD per share | 0.1Source | 0.06Source | 0.06Source | 0.16Source |
| Earnings Per Share, DilutedUSD per share | 0.1Source | 0.06Source | 0.06Source | 0.16Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 1,223,656,660Source | 1,232,148,531Source | 1,311,401,901Source | 1,319,732,802Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 1,223,955,737Source | 1,288,911,783Source | 1,340,445,653Source | 1,328,144,092Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 4,207,000Source | 1,714,000Source | 1,252,000Source | 778,000Source |
| Common Stock, Dividends, Per Share, DeclaredUSD per share | 0.11Source | — | — | — |
| Current Income Tax Expense (Benefit)CNY | 121,725,000Source | 84,798,000Source | 46,260,000Source | 410,478,000Source |
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual AmountCNY | 0Source | 0Source | 0Source | 4,000,000Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | 427,000Source | -1,926,000Source | 81,000Source | -844,000Source |
| General and Administrative ExpenseUSD | 48,178,000Source | 70,676,000Source | 70,144,000Source | 83,630,000Source |
| Goodwill, Impairment LossCNY | 0Source | 0Source | 0Source | — |
| Gross ProfitUSD | 169,254,000Source | 99,532,000Source | 54,608,000Source | 334,212,000Source |
| Interest ExpenseUSD | 914,000Source | 24,000Source | — | 203,000Source |
| Interest Income (Expense), Nonoperating, NetUSD | 80,139,000Source | 84,445,000Source | 88,435,000Source | 26,203,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicCNY | 854,095,000Source | 551,837,000Source | 534,328,000Source | 1,441,219,000Source |
| Operating ExpensesUSD | 122,270,000Source | 114,211,000Source | 124,568,000Source | 180,033,000Source |
| Research and Development ExpenseUSD | 18,734,000Source | 12,098,000Source | 24,322,000Source | 45,977,000Source |
| Selling ExpenseUSD | 55,358,000Source | 31,437,000Source | 30,102,000Source | 50,426,000Source |
Filing attachments
tm2622298d1_ex99-1.htm · 6-K · 2026-08-14
Exhibit 99.1 RLX Technology Announces Unaudited Second Quarter 2026 Financial Results SHENZHEN, August 14, 2026 /PRNEWSWIRE/ - RLX Technology Inc. ("RLX Technology" or the "Company") (NYSE: RLX), a leading global branded e-vapor company, today announced its unaudited financial results for the second quarter ended June 30, 2026. Second Quarter 2026 Financial Highlights Net revenues were RMB1,010.5 million (US$148.9 million) in the second quarter of 2026, increasing by 14.8% from RMB880.0 …
Read attachment ↗tm2615066d1_ex99-1.htm · 6-K · 2026-05-20
Exhibit 99.1 RLX Technology Announces Unaudited First Quarter 2026 Financial Results SHENZHEN, May 20, 2026 - RLX Technology Inc. (“RLX Technology” or the “Company”) (NYSE: RLX), a leading global branded e-vapor company, today announced its unaudited financial results for the first quarter ended March 31, 2026. First Quarter 2026 Financial Highlights Net revenues were RMB1,585.8 million (US$229.9 million) in the first quarter of 2026, increasing by 96.2% from RMB808.3 million in the sa…
Read attachment ↗