Stocktoria
RLX Technology Inc. RLX
NYSE · XNYS · stock · Cigarettes · website · IPO 2021-01-22
Chart by TradingView
7/9
Piotroski F — financial health
11.77
Altman Z″ — distress risk · safe
9.9%
Dividend payout · safe
Financials & ratios (annual, from 10-K)
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Financials | |||||
| Revenue | $566.1M | $376.6M | $223.4M | $773.2M | $1.3B |
| Gross profit | $169.3M | $99.5M | $54.6M | $334.2M | $576.2M |
| Operating income | $47.0M | -$14.7M | -$70.0M | $154.2M | $360.7M |
| Net income | $131.8M | $75.6M | $75.3M | $209.0M | $317.7M |
| Operating cash flow | $157.9M | $117.0M | $28.0M | $70.6M | $282.4M |
| Free cash flow | $141.1M | $115.7M | $24.0M | $65.0M | $261.9M |
| Total assets | $2.6B | $2.3B | $2.3B | $2.4B | $2.6B |
| Total liabilities | $314.3M | $120.7M | $100.9M | $121.6M | $446.7M |
| Shareholders' equity | $2.2B | $2.2B | $2.2B | $2.3B | $2.1B |
| Ratios | |||||
| Gross margin | 29.9% | 26.4% | 24.4% | 43.2% | 43.1% |
| Operating margin | 8.3% | -3.9% | -31.3% | 19.9% | 27.0% |
| Net margin | 23.3% | 20.1% | 33.7% | 27.0% | 23.8% |
| FCF margin | 24.9% | 30.7% | 10.7% | 8.4% | 19.6% |
| Return on assets | 5.1% | 3.3% | 3.3% | 8.8% | 12.4% |
| Return on equity | 5.9% | 3.5% | 3.4% | 9.3% | 15.0% |
| Current ratio | 5.70 | 10.84 | 13.44 | 14.18 | 5.10 |
| Revenue growth | 50.3% | 68.5% | -71.1% | -42.2% | 128.4% |
Notable holders (13F)
| Investor | Shares | Value |
|---|---|---|
| RENAISSANCE TECHNOLOGIES LLC | 898,360 | $2.0M |
| Point72 Asset Management, L.P. | 179,295 | $394,449 |
Why these scores methodology →
Piotroski F-score: 7/9
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″: 11.77 (safe)
- Working capital / assets 0.515
- Retained earnings / assets 0.23
- EBIT / assets 0.018
- Equity / liabilities 7.157
Sector peers
VFS · TM · HMC · SONY · AAPL · XOM · all Manufacturing →
Source: SEC EDGAR filings · CIK 0001828365 · as of 2025-12-31. Figures are facts from filings plus Stocktoria's own computed scores — not investment advice.