RLX Technology Inc.

DB:3CM Stock Report

Market Cap: €2.7b

RLX Technology Past Earnings Performance

Past criteria checks 5/6

RLX Technology has been growing earnings at an average annual rate of 9.5%, while the Tobacco industry saw earnings growing at 8.6% annually. Revenues have been declining at an average rate of 18% per year. RLX Technology's return on equity is 4.2%, and it has net margins of 29.8%.

Key information

9.5%

Earnings growth rate

10.7%

EPS growth rate

Tobacco Industry Growth8.0%
Revenue growth rate-18.0%
Return on equity4.2%
Net Margin29.8%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How RLX Technology makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

DB:3CM Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 242,15964378878
30 Jun 241,87865372084
31 Mar 241,590723532128
31 Dec 231,244534712173
30 Sep 231,08192961280
30 Jun 231,726421848296
31 Mar 233,6906791,257370
31 Dec 225,2801,441925317
30 Sep 226,8972,163647205
30 Jun 227,5292,634440115
31 Mar 227,8372,997199-8
31 Dec 218,5212,0251,193180
30 Sep 218,2351,2941,623371
30 Jun 217,6793282,162454
31 Mar 215,850-4072,112487
31 Dec 203,820-1281,215299
30 Sep 202,61258740105
31 Dec 191,5494849332
31 Dec 181330552

Quality Earnings: 3CM has high quality earnings.

Growing Profit Margin: 3CM's current net profit margins (29.8%) are higher than last year (8.5%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 3CM's earnings have grown by 9.5% per year over the past 5 years.

Accelerating Growth: 3CM's earnings growth over the past year (596.5%) exceeds its 5-year average (9.5% per year).

Earnings vs Industry: 3CM earnings growth over the past year (596.5%) exceeded the Tobacco industry 7.3%.

Return on Equity

High ROE: 3CM's Return on Equity (4.2%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/31 03:42
End of Day Share Price 2025/01/31 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

RLX Technology Inc. is covered by 13 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Luzi LiBofA Global Research
Lucy YuBofA Global Research
Zhuonan XuChina International Capital Corporation Limited