Quality Investor

RLX

Rank #455

Rank #455 by gross profitability (GP/assets 0.07) · ROE 5.9% · Piotroski F-Score 7 / 9.

As-of 2026-07-22 · CIK 0001828365 · all metrics point-in-time as of the filing date.

Financials

Weakening

Direction over 5 fiscal years

  • Free cash flowdeteriorating
  • Gross margindeteriorating
  • Gross profitabilitydeteriorating
  • Net cashn/a
  • Operating margindeteriorating
  • Return on equitydeteriorating
  • Share count (dilution)improving

Monitoring diagnostic of business direction — not a prediction of returns.

Each fiscal year is read as-of that year’s own 10-K filing, so nothing restated after the fact leaks backwards. Line items this filer never tagged are omitted. Hover or tap a badge for the diagnostic behind it.

USD in millions, except per-share (EPS) and percentage rows. Values are as originally filed; em-dash = not tagged in that year's filing.
Fiscal year end2025-12-31filed 2026-04-232024-12-31filed 2025-04-172023-12-31filed 2024-04-192022-12-31filed 2023-04-21
Income statement
Revenue3,958.92,748.61,586.45,332.8
Revenue growth (YoY)44.0%73.3%-70.3%-37.4%
Gross profit1,183.6726.5387.72,305.1
Gross margin29.9%26.4%24.4%43.2%
Net income921.9551.8534.31,441.2
Net margin23.3%20.1%33.7%27.0%
EPS (diluted)$0.70$0.43$0.40$1.08
EPS growth (YoY)63.1%7.3%-63.2%
Cash flow
Operating cash flow1,104.5854.3198.7486.8
Capital expenditures117.710.128.238.6
Free cash flow986.8844.3170.5448.2

Figures are as originally filed with the SEC (point-in-time), not restated, so they can differ slightly from sites that show later-restated numbers. Why point-in-time?