RLX Technology Inc. (RLX)

RLX Technology Income Statement

Financials in millions CNY. Fiscal year is January - December.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	1,949	1,586	5,333	8,521	3,820	1,549
Revenue Growth (YoY)	-48.80%	-70.25%	-37.42%	123.08%	146.54%	1068.33%
Cost of Revenue	1,464	1,199	3,028	4,849	2,292	968.41
Gross Profit	484.76	387.71	2,305	3,672	1,528	580.94
Selling, General & Admin	532.31	711.74	924.61	1,193	1,215	492.63
Research & Development	127.54	172.69	317.11	179.91	299.29	31.93
Operating Expenses	659.86	884.42	1,242	1,373	1,514	524.56
Operating Income	-175.1	-496.71	1,063	2,299	13.15	56.39
Interest Expense / Income	-637.93	-627.88	-180.73	-72.41	-32.41	-0.75
Other Expense / Income	-345.04	-453.91	-568.66	-285.02	-56.88	-16.54
Pretax Income	807.87	585.08	1,813	2,656	102.43	73.67
Income Tax	84.67	50.76	371.58	631.43	230.53	25.92
Net Income	723.2	534.33	1,441	2,025	-128.1	47.75
Net Income Growth	6.51%	-62.93%	-28.82%	-	-	-
Shares Outstanding (Basic)	1,249	1,311	1,320	1,401	1,437	1,437
Shares Outstanding (Diluted)	1,301	1,340	1,328	1,410	1,437	1,437
Shares Change	-1.17%	0.93%	-5.78%	-1.89%	-	20.34%
EPS (Basic)	0.56	0.41	1.09	1.45	-0.09	0.03
EPS (Diluted)	0.54	0.40	1.08	1.44	-0.09	0.03
EPS Growth	3.44%	-63.23%	-24.44%	-	-	-
Free Cash Flow	433.41	170.48	448.19	1,669	2,577	253.16
Free Cash Flow Per Share	0.35	0.13	0.34	1.19	1.79	0.18
Gross Margin	24.87%	24.44%	43.23%	43.09%	39.99%	37.50%
Operating Margin	-8.98%	-31.31%	19.94%	26.98%	0.34%	3.64%
Profit Margin	37.10%	33.68%	27.03%	23.76%	-3.35%	3.08%
Free Cash Flow Margin	22.24%	10.75%	8.40%	19.59%	67.46%	16.34%
Effective Tax Rate	10.48%	8.67%	20.50%	23.77%	225.06%	35.19%
EBITDA	-	53.81	1,797	2,697	132.47	86.33
EBITDA Margin	-	3.39%	33.69%	31.65%	3.47%	5.57%
Depreciation & Amortization	-	96.6	164.46	113.55	62.45	13.41
EBIT	169.94	-42.8	1,632	2,584	70.02	72.93
EBIT Margin	8.72%	-2.70%	30.60%	30.32%	1.83%	4.71%

Source: Financials are provided by Nasdaq Data Link and sourced from audited reports submitted to the Securities and Exchange Commission (SEC).