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Company Analysis

RLX Technology Inc. RLX

A comprehensive view of key metrics, scores, and financial health for RLX Technology Inc.

Overview of RLX Technology Inc.

RLX NYQ
Consumer Defensive Tobacco Mid Cap
RLX Technology Inc. (RLX), is a Mid Cap company, in the Tobacco industry, last closed at $2.25, about 21.3% undervalued vs fair value, +14.8% 1Y return, ranked 64/242 in sector.
$2.25
-0.88%
As of March 13, 2026
Previous close • Vol 90d: 31.2%
52-Week Range
Market Cap
$2.74B
Enterprise Value
$-550.12M
Overall Score
Scores locked

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Top Beats
No strong beats yet

Quick Facts

Website https://ir.relxtech.com
HQ Shenzhen
Employees 381
Fiscal year Dec 31

Next Events

No upcoming events available.

Fair Value Snapshot

Bear Base Bull
$2
$3
$3
Current: $2.25 +21% vs base

Engine Room Money Flow™

Mid Cap

Corporate Free Cash Flow - Where revenue goes and how value is created

Flow Steps
Revenue
$2.4B
96.5%%
Gross Profit
$726.5M
87.4%%
Operating Income
$-107.1M
78.4%%
Net Income
$551.8M
3.3%%
Money Flow Bridge
Flow Direction: Money moves from left to right
Components: Breakdown shows composition of each stage
Industry-Specific: Corporate Free Cash Flow

Quality & Reliability Indicators

Cash Conversion Ratio
152.6%
Excellent

FCF / Net Income - measures how well earnings convert to cash

Locked Metric
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Owner's Pocket - Capital Allocation

Total Returned to Shareholders

Combined dividends, buybacks, and debt reduction

$678.2M
80.5% of FCF

Where It Leaks

Cash Flow Health some concerns
Moderate efficiency issues detected. Review active leaks below for improvement areas.
3
Active Leaks
2/3
Improving
1
High Impact
0
Critical
Locked Leak
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Locked Leak
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Moat Analysis Corporate Default

Competitive Advantage Assessment

Evaluating RLX Technology Inc.'s durable competitive advantages across 6 defense dimensions

Overall Moat Strength
46
/100
Developing
Scores based on quantitative metrics and qualitative factors

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Pricing Power

Developing
30
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For informational purposes only. Not investment advice.

Trade-Off Ledger™

Where management spends the performance budget - Growth, Profitability, or Safety

Generic Industrial / Default vs Industry Peers 100% Coverage
Trade-Off Triangle Visualization A ternary plot showing RLX's balance between Growth (30.7%), Profitability (33.5%), and Safety (35.8%). Growth 31% Safety 36% Profitability 33%

Click axes to expand details. Marker shows current allocation.

3-Year Trend Analysis Locked
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Growth

52th percentile vs peers
52
Key Signals
Rev Growth YoY 96.5% 90p EPS Growth YoY 7.4% 50p Revenue CAGR 3Y -34.1% 30p TSR -40.3% 37p EPS CAGR 3Y -33.2% 25p
Strengths
  • Rev Growth Yoy in top 20% of peers (96.5%, 90th percentile)
  • Fcf Margin in top 20% of peers (34.4%, 80th percentile)
  • Current Ratio in top 20% of peers (10.84, 90th percentile)
  • Quick Ratio in top 20% of peers (10.68, 90th percentile)
Risks

No significant risks identified for this axis.

Profitability

56th percentile vs peers
57
Key Signals
Strengths
Risks
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Safety

60th percentile vs peers
61
Key Signals
Strengths
Safety drilldowns are available to premium members.

Two Futures

Scenario-based fair value ranges for RLX Technology Inc..

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Unable to Compute Fair Value

This company cannot be valued using standard models.

What this means: The Scenario Theatre requires financial data (revenue, cash flow, shares outstanding) to calculate fair value estimates. This data may be unavailable for:

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  • Shell companies or holding companies
  • Companies that haven't filed recent financials
  • Foreign companies with limited data coverage
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Bear
-
- - -
- upside
-
Base
$2.73
- - -
+21.3% vs current
Snapshot base estimate
Bull
-
- - -
- upside
-
Fair Value Range Current: $-
$- $- $-
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