RLX Technology
Market Cap
US$7.3b
Last Updated
2021/08/02 22:37 UTC
Data Sources
Company Financials +
Executive Summary
RLX Technology Inc., together with its subsidiaries, researchers, develops, manufactures, distributes, and sells e-vapor products in the People's Republic of China. More Details
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet with exceptional growth potential.
Share Price & News
How has RLX Technology's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: RLX is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 10% a week.
Volatility Over Time: RLX's weekly volatility has decreased from 17% to 10% over the past year, but is still higher than 75% of US stocks.
Market Performance
7 Day Return
4.3%
RLX
0.2%
US Tobacco
-0.4%
US Market
1 Year Return
n/a
RLX
18.0%
US Tobacco
35.9%
US Market
Return vs Industry: Insufficient data to determine how RLX performed against the US Tobacco industry.
Return vs Market: Insufficient data to determine how RLX performed against the US Market.
Shareholder returns
| RLX | Industry | Market | |
|---|---|---|---|
| 7 Day | 4.3% | 0.2% | -0.4% |
| 30 Day | -44.8% | -5.5% | -0.3% |
| 90 Day | -55.8% | -10.8% | 3.1% |
| 1 Year | n/a | 27.0%18.0% | 38.0%35.9% |
| 3 Year | n/a | 0.7%-18.8% | 62.9%52.7% |
| 5 Year | n/a | -1.3%-26.4% | 121.3%96.9% |
Long-Term Price Volatility Vs. Market
How volatile is RLX Technology's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall St
Is RLX Technology Inc. (NYSE:RLX) Trading At A 30% Discount?Valuation
Is RLX Technology undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: RLX ($4.65) is trading below our estimate of fair value ($22.87)
Significantly Below Fair Value: RLX is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: RLX is unprofitable, so we can't compare its PE Ratio to the Global Tobacco industry average.
PE vs Market: RLX is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate RLX's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: RLX is good value based on its PB Ratio (3.8x) compared to the US Tobacco industry average (8.5x).
Future Growth
How is RLX Technology forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
58.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: RLX is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).
Earnings vs Market: RLX is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: RLX's is expected to become profitable in the next 3 years.
Revenue vs Market: RLX's revenue (41.7% per year) is forecast to grow faster than the US market (9.2% per year).
High Growth Revenue: RLX's revenue (41.7% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: RLX's Return on Equity is forecast to be very high in 3 years time (40.9%).
Past Performance
How has RLX Technology performed over the past 5 years?
-894.3%
Last years earnings growth
Earnings and Revenue History
Quality Earnings: RLX is currently unprofitable.
Growing Profit Margin: RLX is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if RLX's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Unable to compare RLX's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: RLX is unprofitable, making it difficult to compare its past year earnings growth to the Tobacco industry (2.4%).
Return on Equity
High ROE: RLX has a negative Return on Equity (-3.3%), as it is currently unprofitable.
Financial Health
How is RLX Technology's financial position?
Financial Position Analysis
Short Term Liabilities: RLX's short term assets (CN¥12.9B) exceed its short term liabilities (CN¥2.6B).
Long Term Liabilities: RLX's short term assets (CN¥12.9B) exceed its long term liabilities (CN¥54.9M).
Debt to Equity History and Analysis
Debt Level: RLX is debt free.
Reducing Debt: RLX had no debt 5 years ago.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable RLX has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: RLX is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 96.5% per year.
Dividend
What is RLX Technology current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate RLX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate RLX's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if RLX's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if RLX's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of RLX's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.9yrs
Average management tenure
CEO
Kate Ying (39 yo)
3.58yrs
Tenure
Ms. Wang Ying, also known as Kate, is co-founder of RLX Technology Inc. and has been its Chairperson of Board of Directors and Chief Executive Officer since January 2, 2018. Ms. Wang has also served as the...
Leadership Team
Experienced Management: RLX's management team is considered experienced (2.9 years average tenure).
Board Members
Experienced Board: RLX's board of directors are not considered experienced ( 0.8 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: RLX only recently listed within the past 12 months.
Top Shareholders
Company Information
RLX Technology Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: RLX Technology Inc.
- Ticker: RLX
- Exchange: NYSE
- Founded: 2018
- Industry: Tobacco
- Sector: Food, Beverage & Tobacco
- Market Cap: US$7.304b
- Shares outstanding: 1.57b
- Website: https://www.relxtech.com
Number of Employees
Location
- RLX Technology Inc.
- Junhao Central Park Plaza
- 19th Floor, Building 1
- Beijing
- 100026
- China
Listings
Biography
RLX Technology Inc., together with its subsidiaries, researchers, develops, manufactures, distributes, and sells e-vapor products in the People's Republic of China. It serves RELX branded partner stores an...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/08/02 22:37 |
| End of Day Share Price | 2021/08/02 00:00 |
| Earnings | 2021/03/31 |
| Annual Earnings | 2020/12/31 |
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.