OverviewSuggest Edit

RLX Technology is a company that produces e-vapor products for adult smokers. It offers rechargeable electronic cigarettes with value-added features and accessories. The company also conducts research, technology and product development and provides supply chain management and offline distribution.

TypePublic
Founded2018
HQBeijing, CN
Websiterelxtech.com

Latest Updates

Employees (est.) (May 2021)725(+10%)
Job Openings349
Revenue (FY, 2020)$3.8 B(+147%)
Share Price (Jun 2021)$9.3
Cybersecurity ratingBMore

Key People/Management at RLX Technology

Ying Wang

Ying Wang

Co-founder, Chairperson of the Board of Directors and Chief Executive Officer
Long Jiang

Long Jiang

Co-founder and Director
Yilong Wen

Yilong Wen

Co-founder and Director
Zhenjing Zhu

Zhenjing Zhu

Independent Director
Yueduo Zhang

Yueduo Zhang

Head of Finance
Show more

RLX Technology Office Locations

RLX Technology has an office in Beijing
Beijing, CN (HQ)
19/F, Building 1, Junhao Central Park Plaza, No. 10, Chaoyang Park Rd, Chaoyang Qu
Show all (1)

RLX Technology Financials and Metrics

RLX Technology Revenue

Embed Graph
View revenue for all periods
RLX Technology's revenue was reported to be $3.82 b in FY, 2020
USD

Revenue (FY, 2020)

3.8b

Gross profit (FY, 2020)

3.5b

Gross profit margin (FY, 2020), %

90.8%

Net income (FY, 2020)

(19.6m)

EBIT (FY, 2020)

2.0m

Market capitalization (15-Jun-2021)

9.0b

Closing stock price (15-Jun-2021)

9.4

Cash (31-Dec-2020)

1.1b

EV

7.9b
RLX Technology's current market capitalization is $9 b.
Annual
CNYFY, 2018FY, 2019FY, 2020

Revenue

132.6m1.5b3.8b

Revenue growth, %

1068%

Cost of goods sold

73.4m968.4m351.3m

Gross profit

59.2m580.9m3.5b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

199.0m383.6m556.3m368.6m712.5m1.1b

Cost of goods sold

111.6m229.3m338.5m235.2m450.1m682.6m

Gross profit

87.5m154.2m217.8m133.5m262.4m437.5m

Gross profit Margin, %

44%40%39%36%37%39%
Annual
CNYFY, 2018FY, 2019FY, 2020

Cash

68.2m135.5m1.1b

Accounts Receivable

11.1m38.8m3.1m

Prepaid Expenses

1.5m53.5m11.4m

Inventories

14.2m219.3m329.1m
Quarterly
CNYQ3, 2020

Cash

273.0m

Accounts Receivable

20.4m

Prepaid Expenses

52.6m

Inventories

138.4m
Annual
CNYFY, 2018FY, 2019FY, 2020

Net Income

(287.0k)47.7m(19.6m)

Depreciation and Amortization

37.0k13.4m6.4m

Inventories

(14.2m)(207.8m)(109.8m)

Accounts Payable

17.2m481.8m960.8m
Quarterly
CNYQ3, 2019Q3, 2020

Net Income

98.0m108.6m

Depreciation and Amortization

4.7m47.8m

Inventories

(97.3m)80.9m

Accounts Payable

375.1m388.9m
USDFY, 2018

Revenue/Employee

1.3m

Debt/Equity

0.1 x

Financial Leverage

16 x
Show all financial metrics

RLX Technology Operating Metrics

Q3, 2020

Active Cities

250

Distributors

110

Partner Shops

5 k

Retail Locations

100 k
Show all operating metrics

RLX Technology Acquisitions / Subsidiaries

Company NameDateDeal Size
Beijing Yueke Technology Co., Ltd.
Relx HK Limited

RLX Technology Revenue Breakdown

Embed Graph

RLX Technology revenue breakdown by business segment: 73.5% from Sales to Offline Distributors, 8.0% from Sales to Third-Party E-Commerce Platform Distributors, 18.1% from Sales to End Users Through Third-Party E-Commerce Platforms and 0.4% from Other

RLX Technology Cybersecurity Score

Cybersecurity ratingPremium dataset

B

84/100

SecurityScorecard logo

RLX Technology Online and Social Media Presence

Embed Graph

RLX Technology News and Updates

RLX Investor Alert: Bronstein, Gewirtz & Grossman, LLC Notifies RLX Technology, Inc. Investors of Class Action and Encourages Investors to Contact the Firm

NEW YORK, June 15, 2021 (GLOBE NEWSWIRE) -- Attorney Advertising-- Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against RLX Technology, Inc. ("RLX" or "the Company") (NYSE: RLX) and certain of its directors, officers, and underwriters on beha…

RLX Technology Announces First Quarter 2021 Unaudited Financial Results

BEIJING, June 2, 2021 /PRNewswire/ -- RLX Technology Inc. ("RLX Technology" or the "Company") (NYSE: RLX), a leading branded e-vapor company in China, today announced its unaudited financial results for the first quarter ended March 31, 2021. First Quarter 2021 Financial Highlights Net...

RLX Technology Files 2020 Annual Report on Form 20-F and Publishes First ESG Report

BEIJING, April 26, 2021 /PRNewswire/ -- RLX Technology Inc. ("RLX Technology" or the "Company") (NYSE: RLX), a leading branded e-vapor company in China, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2020 with the U.S. Securities and...

RLX Technology Published Latest Finding in Journal of Applied Toxicology on the Inhalation Safety Assessment of the Cooling agent WS-23 in E-Cigarette

BEIJING, March 29, 2021 /PRNewswire/ -- RLX Technology(RELX)'s latest peer-reviewed study published in Journal of Applied Toxicology showed the cooling agent WS-23 widely used in e-cigarette has limited impact on the experiment animals at the tested dose. The study showed that there were...

RLX Technology Announces Fourth Quarter and Fiscal Year 2020 Unaudited Financial Results

BEIJING, March 26, 2021 /PRNewswire/ -- RLX Technology Inc. ("RLX Technology" or the "Company") (NYSE: RLX), a leading branded e-vapor company in China, today announced its unaudited financial results for the fourth quarter and the fiscal year ended December 31, 2020. Fourth Quarter 2020...

RLX Technology Inc. Announces Share Distribution

BEIJING, March 26, 2021 /PRNewswire/ -- RLX Technology Inc. ("RLX Technology" or the "Company") (NYSE: RLX), a leading branded e-vapor company in China, today announced that RELX Inc. ("RELX"), the parent company of RLX Technology, has approved the distribution of the Company's ordinary...
Show more

RLX Technology Frequently Asked Questions

  • When was RLX Technology founded?

    RLX Technology was founded in 2018.

  • Who are RLX Technology key executives?

    RLX Technology's key executives are Ying Wang, Long Jiang and Yilong Wen.

  • How many employees does RLX Technology have?

    RLX Technology has 725 employees.

  • What is RLX Technology revenue?

    Latest RLX Technology annual revenue is $3.8 b.

  • What is RLX Technology revenue per employee?

    Latest RLX Technology revenue per employee is $5.3 m.

  • Who are RLX Technology competitors?

    Competitors of RLX Technology include Juul Labs, Gudang Garam and Vector Group.

  • Where is RLX Technology headquarters?

    RLX Technology headquarters is located at 19/F, Building 1, Junhao Central Park Plaza, No. 10, Chaoyang Park Rd, Chaoyang Qu, Beijing.

  • Where are RLX Technology offices?

    RLX Technology has an office in Beijing.

  • How many offices does RLX Technology have?

    RLX Technology has 1 office.