Company data sheet · RLX Technology
RLX Technology: growth far beyond its economy.
- Industry
- Cigarettes Manufacturing
- Headquarters
- China
- Largest market
- Hong Kong
- Ticker
- RLX (NYSE)
- Sources
- SEC filings (2020–2026), Stratrix's verified Decision Cases, market data and official economic statistics for China
- Data as of
- October 18, 2026
- It outgrew its own economy many times over. Revenue rose from CN¥0.1 billion in 2018 to CN¥4 billion in 2025: 29.9 times as much. China's economy, counted the same way in money terms, grew about 55%. Whatever drove it, the economy around it does not account for growth of that size.
- Still smaller than it was. Revenue reached CN¥4 billion in 2025, 54% below its 2021 peak of CN¥8.5 billion.
Financial results
| Fiscal year | Revenue | Net income | |
|---|---|---|---|
| 2018 | CN¥0.1 billion | −CN¥0 billion | |
| 2019 | CN¥1.5 billion | CN¥0 billion | |
| 2020 | CN¥3.8 billion | −CN¥0.1 billion | |
| 2021 | CN¥8.5 billion | CN¥2 billion | |
| 2022 | CN¥5.3 billion | CN¥1.4 billion | |
| 2023 | CN¥1.6 billion | CN¥0.5 billion | |
| 2024 | CN¥2.7 billion | CN¥0.6 billion | |
| 2025 | CN¥4 billion | CN¥0.9 billion |
As reported in its annual filings, in CNY. Losses in red.
The full data sheet · Data Plan
Everything behind these findings, ready for your board deck.
- Economic context: 3 measures for China, every year since 2016, from the official sources.
- Peer comparison: against 953 companies of its size in its sector.
- Financial results: ten years of revenue, operating and net income, and every annual report, linked.
- Methods and sources, so each number can be checked and cited.
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