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RLX Technology Inc. (RLX)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Company Info

ISIN

US74969N1037

CUSIP

74969N103

Industry

Tobacco

IPO Date

Jan 22, 2021

Highlights

Market Cap

$2.42B

EPS (TTM)

$0.07

PE Ratio

28.43

Total Revenue (TTM)

$2.71B

Gross Profit (TTM)

$803.65M

EBITDA (TTM)

-$43.83M

Year Range

$1.49 - $2.69

Target Price

$2.75

Short %

3.90%

Short Ratio

5.28

Share Price Chart


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Compare to other instruments

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RLX Technology Inc.

Popular comparisons:
RLX vs. MSCI
Popular comparisons:

Performance

Performance Chart


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S&P 500

Returns By Period

RLX Technology Inc. (RLX) returned -6.48% year-to-date (YTD) and 6.91% over the past 12 months.


RLX

YTD

-6.48%

1M

10.38%

6M

4.17%

1Y

6.91%

3Y*

0.17%

5Y*

N/A

10Y*

N/A

^GSPC (Benchmark)

YTD

0.51%

1M

6.15%

6M

-2.00%

1Y

12.92%

3Y*

12.68%

5Y*

14.19%

10Y*

10.85%

*Annualized

Monthly Returns

The table below presents the monthly returns of RLX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20252.78%12.16%-24.50%-1.06%8.60%-6.48%
2024-9.00%7.14%-1.54%1.04%-2.58%-2.65%-2.72%-5.58%7.10%-10.50%22.23%9.69%8.60%
20237.83%-21.37%48.72%-15.17%-30.49%3.51%-1.13%-12.57%-1.31%12.58%31.17%-9.91%-12.65%
2022-14.10%-8.06%-41.88%13.41%-2.46%7.58%-23.94%-11.73%-26.58%19.05%84.01%-0.00%-41.02%
2021-23.75%-22.18%-40.83%5.12%3.86%-22.81%-50.06%17.89%-12.06%7.52%-15.43%-5.11%-86.78%
Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of RLX is 54, indicating average performance compared to other stocks on our website. Here’s a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of RLX is 5454
Overall Rank
The Sharpe Ratio Rank of RLX is 5757
Sharpe Ratio Rank
The Sortino Ratio Rank of RLX is 5050
Sortino Ratio Rank
The Omega Ratio Rank of RLX is 5151
Omega Ratio Rank
The Calmar Ratio Rank of RLX is 5353
Calmar Ratio Rank
The Martin Ratio Rank of RLX is 5757
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for RLX Technology Inc. (RLX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

RLX Technology Inc. Sharpe ratios as of May 30, 2025 (values are recalculated daily):

  • 1-Year: 0.16
  • All Time: -0.53

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

The chart below shows the rolling Sharpe ratio of RLX Technology Inc. compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.


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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

Dividend History

RLX Technology Inc. provided a 0.50% dividend yield over the last twelve months, with an annual payout of $0.01 per share.


0.46%0.47%0.48%0.49%0.50%$0.00$0.00$0.00$0.01$0.01$0.0120232024
Dividends
Dividend Yield
PeriodTTM20242023
Dividend$0.01$0.01$0.01

Dividend yield

0.50%0.46%0.50%

Monthly Dividends

The table displays the monthly dividend distributions for RLX Technology Inc.. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025$0.00$0.00$0.00$0.00$0.00$0.00
2024$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.01$0.01
2023$0.01$0.00$0.01

Dividend Yield & Payout


Dividend Yield

RLX Technology Inc. has a dividend yield of 0.50%, which signifies it pays a smaller percentage of its stock price in dividends to its shareholders compared to other companies in the market.

Payout Ratio

RLX Technology Inc. has a payout ratio of 1.35%, which is below the market average. This means RLX Technology Inc. returns a smaller proportion of its earnings to shareholders as dividends, suggesting it retains a higher portion for reinvestment, growth, or debt payment.

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the RLX Technology Inc.. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the RLX Technology Inc. was 96.80%, occurring on Oct 7, 2022. The portfolio has not yet recovered.

The current RLX Technology Inc. drawdown is 93.09%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-96.8%Jan 25, 2021431Oct 7, 2022
Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Financials

Financial Performance

The chart below illustrates the trends in the financial health of RLX Technology Inc. over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.


Annual
Quarterly

0.0

Earnings Per Share

The chart presents the Earnings Per Share (EPS) performance of RLX Technology Inc., comparing actual results with analytics estimates. The company has exceeded analyst expectations for EPS in the past quarter, achieving a 11.8% positive surprise.


0.000.100.200.30202020212022202320242025
0.19
0.17
Actual
Estimate

Valuation

The Valuation section provides an overview of how RLX Technology Inc. is priced in the market compared to other companies in the Tobacco industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.


PE Ratio

The chart displays the Price-to-Earnings (P/E) ratio for RLX, comparing it with other companies in the Tobacco industry. Currently, RLX has a P/E ratio of 28.4. This P/E ratio is significantly higher than those of industry peers. This could indicate that the stock is overvalued or that investors expect strong future growth.

PS Ratio

This chart shows the Price-to-Sales (P/S) ratio for RLX relative to other companies in the Tobacco industry. Currently, RLX has a P/S ratio of 0.9. This P/S ratio is low compared to the industry average. It may indicate that the stock is undervalued relative to its revenue, or that the market expects slower growth or lower margins.

PB Ratio

The chart illustrates the Price-to-Book (P/B) ratio for RLX in comparison with other companies in the Tobacco industry. Currently, RLX has a P/B value of 1.1. This P/B ratio is in line with the industry average, suggesting the stock is valued fairly in relation to its book value.

Income Statement



TTM
Revenue

Total Revenue

Cost Of Revenue

Gross Profit

Operating Expenses

Selling, General & Admin Expenses

R&D Expenses

Depreciation And Amortization

Total Operating Expenses

Income

Income Before Tax

Operating Income

EBITDA

EBIT

Earnings From Continuing Operations

Net Income

Income Tax Expense

Other Non-Operating Income (Expenses)

Extraordinary Items

Discontinued Operations

Effect Of Accounting Charges

Non Recurring

Minority Interest

Other Items

Interest Income

Interest Expense

Net Interest Income

Values in undefined except per share items