RLX Technology Inc. RLX
What this company does
Written from the business description in RLX Technology Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 23 April 2026. Every sentence was checked against that document before publication.
Revenue compounded at +0.7% a year over five years.
Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.
Each CNY of equity produced 6 cents of profit this year.
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue CNY B | 4.0 | 2.7 | 1.6 | 5.3 | 8.5 | 3.8 | 1.5 | 0.1 |
| Operating income CNY B | 0.3 | −0.1 | −0.5 | 1.1 | 2.3 | 0.0 | 0.1 | 0.0 |
| EBITDA CNY B | 0.4 | −0.1 | −0.5 | 1.1 | 2.3 | 0.0 | 0.1 | 0.0 |
| Income tax CNY B | 0.1 | 0.1 | 0.1 | 0.4 | 0.6 | 0.2 | 0.0 | 0.0 |
| Net income CNY B | 0.9 | 0.6 | 0.5 | 1.4 | 2.0 | −0.1 | 0.0 | −0.0 |
| Free cash flow CNY B | 1.0 | 0.8 | 0.2 | 0.4 | 1.7 | 2.6 | 0.3 | −0.0 |
| EPS, diluted CNY | 0.70 | 0.43 | 0.40 | 1.08 | 1.44 | −0.09 | 0.03 | −0.00 |
| Dividend / sh $ | 0.11 | · | · | · | · | · | · | · |
| Payout % | 10 | 16 | 17 | · | · | · | 75 | · |
| ROE % | 5.8 | 3.5 | 3.4 | 9.9 | 27.0 | −15.9 | 84.6 | −4.3 |
| Shares out B | · | · | · | 1.53 | 1.57 | 1.44 | 1.44 | · |
Slide the table for earlier years · "·" marks a figure not available in our data for that year.
Reconciled in 4 of 19 fiscal years. 4 of those reconciliations are divergences — the figures exist but don't fit the formula this check expects; that isn't the same as an error. 57 checks could not be computed.