Consumer Defensive
Live Price
Offline$1.84
-3.66% today
1Y Change
-12.80%
Window
Jun 23, 2025 → Jun 18, 2026
Coverage: 249 bars · Jun 23, 2025 → Jun 18, 2026
Research Briefing
A compact read on the setup, peer context, quarterly changes, and recent earnings reaction.
Research Snapshot
RLX Technology Inc. (RLX) is a Consumer Defensive stock with a market cap of $18.28B and listed on NYSE. The stock last traded around $1.84 and down 12.8% across the available one-year price window (Jun 23, 2025 → Jun 18, 2026). Baseline metrics include revenue growth of +43.9%, EPS growth of +55.6%, a dividend yield of 4.6%. What stands out right now is revenue +43.9%, EPS +55.6%, free cash flow +17.1% with operating margin 9.1% and ROIC 1.8%. The dividend matters to the case here, with a current yield around 4.6%. Valuation sits in the middle of the pack at P/E 20.1 and price/sales 5.1. Overall, the current profile looks closer to a higher-growth but lower-margin setup than a generic broad-market placeholder. Stock Foundry combines RLX price history, valuation, growth, dividend context, earnings, analyst forecasts, news, related Consumer Defensive peers on this page.
Benchmark Comparison
Compare this ticker against a broad index, growth benchmark, or sector ETF using a shared 1Y normalization window.
RLX
—
Normalized return
SPY
—
S&P 500
Excess Return
—
Relative to SPY
RLX Max Drawdown
-32.60%
Trailing 1Y
SPY Max Drawdown
—
Trailing 1Y
Uses the longest available daily history for RLX and SPY.
Financial profile
Profitability, balance sheet stamina, and cash efficiency drawn from the latest filings.
FY Revenue
$8.5B
+59.8% YoY
FY Net Income
$2.0B
+40.5% YoY
Free Cash Flow
$2.6B
+54.8% YoY
Revenue Growth
+43.9%
EPS Growth
+55.6%
Gross Margin
32.7%
Net Margin
25.5%
Income statement
CNY
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | 3.5B | 2.4B | 1.2B | 5.3B | 8.5B |
| Gross Profit | 1.2B | 727M | 388M | 2.3B | 3.7B |
| Operating Income | 320M | -107M | -497M | 1.1B | 2.3B |
| EBITDA | 320M | -61M | -400M | 1.1B | 2.3B |
| Net Income | 897M | 552M | 534M | 1.4B | 2.0B |
| EPS (Diluted) | — | — | — | — | — |
Balance sheet
CNY
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Cash & Equivalents | 5.5B | 5.6B | 2.4B | 1.3B | 5.2B |
| Total Assets | 17.9B | 16.9B | 16.3B | 16.4B | 16.4B |
| Total Liabilities | 2.2B | 881M | 717M | 838M | 2.8B |
| Shareholder Equity | 15.6B | 16.0B | 15.6B | 15.6B | 13.5B |
| Total Debt | 176M | 58M | 95M | 86M | 185M |
| Net Debt | -5.4B | -5.5B | -2.3B | -1.2B | -5.0B |
Cash flow positioning
Latest Full Year
Operating Cash Flow
2.6B
+43.9% YoY
Capital Expenditures
17M
+87.4% YoY
Free Cash Flow
2.6B
+54.8% YoY
Key ratios
Gross Margin
32.7%
Operating Margin
9.1%
Net Margin
25.5%
ROE
5.7%
Debt / Equity
0.01x
Next Step
Use the numbers to decide whether this is a growth candidate, a quality compounder, or just an interesting outlier.