RLX
RLX Technology Inc.
NYSEUSDEQUITY
Consumer Defensive
DELAYED
Last price
1.81
■ 0.00 (0.00%)
MARKET · —
Price
Open
1.85
Prev close
1.81
Day high
1.84
Day low
1.79
Volume
1.86M
Market cap
$2.21B
P/E (TTM)
16.45
52W range
1.76 – 2.84
Trailing performance
Returnvs SPY
1W
-6.70%
-5.3%
1M
-10.40%
-14.1%
3M
-15.81%
-18.9%
6M
-23.63%
-34.7%
YTD
-22.32%
-34.6%
1Y
-19.20%
-39.2%
3Y
+22.30%
-51.9%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Fundamentals
Market cap$2.21B
Enterprise value$-6.18B
Revenue (TTM)$4.50B
Gross profit$1.57B
EBITDA$657.50M
Net income$984.59M
EPS (TTM)$0.11
Free cash flow$-621.44M
Total cash$8.76B
Total debt$244.04M
Book value / share$1.90
Shares outstanding913.54M
Float334.46M
Short % of float1.04%
Dividend yield5.52%
Beta (5Y)1.17
Valuation & profitability ratios
Trailing P/E16.45
Forward P/E10.98
PEG ratio—
Price / sales—
Price / book0.95
EV / revenue-1.37
EV / EBITDA-9.40
Gross margin34.94%
Operating margin14.22%
Profit margin21.87%
Return on equity6.33%
Return on assets2.14%
Debt / equity1.56
Current ratio10.61
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Total revenue | $3.96B | $2.75B | $1.59B | $5.33B |
| Cost of revenue | $0 | $0 | $0 | $0 |
| Gross profit | $0 | $0 | $0 | $0 |
| R&D | — | — | — | — |
| SG&A | — | — | — | — |
| Operating income | — | — | — | — |
| Pre-tax income | — | — | — | — |
| Tax provision | $0 | $0 | $0 | $0 |
| Net income | $921.87M | $551.84M | $534.33M | $1.44B |
| EBIT | $0 | $0 | $0 | $0 |
| Line item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Cash & equivalents | — | — | — | — |
| Short-term investments | — | — | — | — |
| Net receivables | — | — | — | — |
| Inventory | — | — | — | — |
| Total current assets | — | — | — | — |
| Total assets | — | — | — | — |
| Total current liabilities | — | — | — | — |
| Long-term debt | — | — | — | — |
| Total liabilities | — | — | — | — |
| Retained earnings | — | — | — | — |
| Shareholder equity | — | — | — | — |
| Line item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Net income | $921.87M | $551.84M | $534.33M | $1.44B |
| Depreciation | — | — | — | — |
| Change in working capital | — | — | — | — |
| Operating cash flow | — | — | — | — |
| Capital expenditure | — | — | — | — |
| Investing cash flow | — | — | — | — |
| Dividends paid | — | — | — | — |
| Buybacks | — | — | — | — |
| Financing cash flow | — | — | — | — |
| Net change in cash | — | — | — | — |
Earnings
Reported vs expected · EPS
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | 0.63 | 0.18 | -71.6% |
| Mar 2026 | 0.21 | 0.26 | +22.9% |
| Dec 2025 | 0.23 | 0.20 | -13.9% |
| Sep 2025 | 0.22 | 0.22 | +2.0% |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | 0.25 | 1 | $1.61B | +42.6% |
| Next quarter | -0.11 | 1 | $1.63B | +42.6% |
| Current year | 0.93 | 5 | $5.81B | +46.8% |
| Next year | 1.11 | 6 | $7.06B | +21.5% |
Analyst targets & ownership
Mean target$2.84
High target$3.61
Low target$2.09
Implied upside56.72%
Analyst count6
ConsensusSTRONG BUY
Strong buy / Buy0 / 5
Hold1
Sell / Strong sell0 / 0
Held by insiders88.70%
Held by institutions29.81%
Institutions holding135
Price targets, consensus spread, insider and institutional ownership.
Insider net activity
Net shares
0
Net selling
Buy transactions
0
0 shares
Sell transactions
0
—
Net transactions
0
Buys less sells
Sell : buy shares
—
Not enough filings
Insider-held shares
1.09B
Total on file
Moving averages & technicals
SMA 10
1.91
-5.19% from price
SMA 20
1.95
-7.06% from price
SMA 50
1.95
-7.23% from price
SMA 100
2.04
-11.15% from price
SMA 200
2.19
-17.19% from price
EMA 12
1.90
-4.50% from price
EMA 26
1.94
-6.53% from price
EMA 50
1.97
-8.12% from price
RSI (14)
33.2
Neutral
MACD (12,26,9)
-0.04
Hist -0.02
ATR (14)
0.07
4.10% of price
Realised vol 30D
26.7%
Annualised
Bollinger upper
2.09
20, 2σ
Bollinger lower
1.80
20, 2σ
50 / 200 cross
Death
1.95 vs 2.19
Trend bias
Below 200
-17.19%
Risk profile
Beta vs SPY
0.51
Less volatile than market
Correlation to SPY
0.21
Largely independent
Realised vol 30D
26.7%
Annualised
Market vol 1Y
12.9%
SPY, annualised
Max drawdown 1Y
-34.4%
Peak to trough
Max drawdown 5Y
-86.5%
Peak to trough
ATR 14
0.07
4.10% of price
Beta (reported)
1.17
5Y monthly, from filing
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Options analytics
Put / call volume
0.00
Call-heavy session
Put / call open interest
1.22
Positioning, not flow
Max pain
2.00
+10.5% from spot
ATM implied vol
57.8%
Nearest strike to spot
Skew (10% OTM)
+58.6%
Puts bid over calls
Call volume
1
Contracts, this expiry
Put volume
0
Contracts, this expiry
Heaviest call OI
2.00
11 contracts
Heaviest put OI
2.00
33 contracts
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Headlines
AIR Global Reports 1H Revenue & Gross Profit Growth, Maintains 2026 Guidance
Exec Edge · 2d ago
RLX Technology Inc (RLX) (Q2 2026) Earnings Call Highlights: International Expansion Drives 14. ...
GuruFocus.com · 5d ago
Sector Update: Consumer Stocks Lean Lower Premarket Friday
MT Newswires · 8d ago
RLX Technology Q2 Earnings Call Highlights
MarketBeat · 8d ago
RLX Technology Announces Unaudited Second Quarter 2026 Financial Results
PR Newswire · 8d ago
RLX Technology to Report Second Quarter 2026 Financial Results on August 14, 2026
PR Newswire · 17d ago
RLX Technology (RLX) Trading Below Sector Average, Is It The Best Undervalued Stocks Under $5
Insider Monkey · 63d ago
Profitability Lift From Global Expansion Might Change The Case For Investing In RLX Technology (RLX)
Simply Wall St. · 74d ago
PRIVATE STRATEGY · BY QUALIFICATION
The same data. A different seat.
The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.