RLX Technology

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.) (Jun 2022)1,235(+71%)
Job Openings21
Revenue (FY, 2021)¥8.5 B(+124%)
Share Price (Jun 2022)$2.3(-3%)
Cybersecurity ratingBMore
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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
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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
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RLX Technology Financials and Metrics

RLX Technology Revenue

RLX Technology's revenue was reported to be ¥8.52 b in FY, 2021
CNY

Revenue (Q1, 2022)

1.7b

Gross profit (Q1, 2022)

723.4m

Net income (Q1, 2022)

687.1m

EBITDA (Q1, 2022)

623.4m

EBIT (Q1, 2022)

740.3m

Market capitalization (17-Jun-2022)

3.6b

Closing stock price (17-Jun-2022)

2.3

Cash (31-Mar-2022)

4.4b

EV

(640.0m)
RLX Technology's current market capitalization is $3.6 b.
Annual
CNYFY, 2018FY, 2019FY, 2020FY, 2021

Revenue

132.6m1.5b3.8b8.5b

Cost of goods sold

(73.4m)(965.3m)(2.3b)(4.8b)

Gross profit

59.2m584.1m1.6b3.7b

R&D expense

(2.1m)(31.9m)(299.3m)(179.9m)
Quarterly
CNYQ1, 2020Q1, 2021Q2, 2021Q1, 2022

Revenue

2.2b2.4b2.5b1.7b

Cost of goods sold

(1.4b)(1.3b)(1.4b)(1.1b)

Gross profit

850.0m1.1b1.1b723.4m

R&D expense

(90.4m)(211.6m)4.9m(24.0m)
Annual
CNYFY, 2018FY, 2019FY, 2020FY, 2021

Cash

68.2m135.5m1.1b5.2b

Accounts Receivable

11.1m38.8m14.6m12.5m

Prepaid Expenses

1.5m53.5m47.5m300.6m

Inventories

14.2m219.3m329.1m589.1m
Quarterly
CNYQ1, 2020Q1, 2021Q2, 2021Q1, 2022

Cash

273.0m9.6b6.5b4.4b

Accounts Receivable

17.4m33.5m22.8m67.0m

Prepaid Expenses

52.6m129.1m316.6m263.3m

Inventories

138.4m197.5m649.7m266.5m
Annual
CNYFY, 2018FY, 2019FY, 2020FY, 2021

Net Income

(287.0k)47.7m(128.1m)2.0b

Depreciation and Amortization

3.2m23.1m45.6m

Inventories

(14.2m)(207.8m)(109.8m)(349.0m)

Accounts Payable

17.2m481.8m960.8m(170.9m)
Quarterly
CNYQ1, 2020Q1, 2021Q2, 2021Q1, 2022

Net Income

108.6m

Depreciation and Amortization

16.6m

Inventories

80.9m

Accounts Payable

388.9m
CNYFY, 2018

Revenue/Employee

1.3m
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RLX Technology Operating Metrics

Q3, 2020

Active Cities

250

Distributors

110

Partner Shops

5 k

Retail Locations

100 k

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: 100.0% from CIGARETTES

RLX Technology Cybersecurity Score

Cybersecurity ratingPremium dataset

B

87/100

SecurityScorecard logo

RLX Technology Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

RLX Technology Online and Social Media Presence

Embed Graph

RLX Technology News and Updates

RLX Technology Announces Unaudited First Quarter 2022 Financial Results

BEIJING, May 20, 2022 /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, 2022. First Quarter 2022 Financial Highlights Net...

RLX Technology Inc. to Report First Quarter 2022 Financial Results on May 20, 2022

- Earnings Call Scheduled for 8:00 a.m. ET on May 20, 2022 – BEIJING, May 10, 2022 /PRNewswire/ -- RLX Technology Inc. ("RLX" or the "Company") (NYSE: RLX), a leading branded e-vapor company in China, today announced that it will report its unaudited financial results for first quarter...

Aim for Zero: RLX Technology Plans to Achieve Carbon Neutrality By 2050

BEIJING, May 6, 2022 /PRNewswire/ -- RLX Technology Inc. (NYSE: RLX, "RLX") today announced its net-zero carbon emission plan, "Aim for Zero," to achieve carbon neutrality in its operation by 2033 and along RLX's value chain by 2050. According to Aim for Zero, RLX, known for its...

RLX Technology Filed 2021 Annual Report on Form 20-F and Published ESG Report

BEIJING, May 2, 2022 /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, 2021 with the U.S. Securities and...

Thinking about buying stock in Polarityte, RLX Technology, Bitnile, Aterian, or Cyclacel Pharmaceuticals?

NEW YORK, April 12, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for PTE, RLX, NILE, ATER, and CYCC. To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link....

RLX Technology Announces Changes to Board Committee Composition

BEIJING, April 9, 2022 /PRNewswire/ -- RLX Technology Inc. ("RLX Technology" or the "Company") (NYSE: RLX), a leading branded e-vapor company in China, today announced that Ms. Ying (Kate) Wang has resigned as a member and the chairperson of the compensation committee (the "Compensation...
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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 1,235 employees.

  • What is RLX Technology revenue?

    Latest RLX Technology annual revenue is ¥8.5 b.

  • What is RLX Technology revenue per employee?

    Latest RLX Technology revenue per employee is ¥6.9 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.