RLX Technology Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018
Revenue	1,586	5,333	8,521	3,820	1,549	132.61
Revenue Growth (YoY)	-70.25%	-37.42%	123.08%	146.54%	1068.33%	-
Cost of Revenue	1,199	3,028	4,849	2,292	968.41	73.37
Gross Profit	387.71	2,305	3,672	1,528	580.94	59.25
Selling, General & Admin	711.74	924.61	1,193	1,215	492.63	54.97
Research & Development	172.69	317.11	179.91	299.29	31.93	2.07
Operating Expenses	884.42	1,242	1,373	1,514	524.56	57.04
Operating Income	-496.71	1,063	2,299	13.15	56.39	2.21
Interest Expense / Income	-627.88	-180.73	-72.41	-32.41	-0.75	0.11
Other Expense / Income	-453.91	-568.66	-285.02	-56.88	-16.54	0.01
Pretax Income	585.08	1,813	2,656	102.43	73.67	2.1
Income Tax	50.76	371.58	631.43	230.53	25.92	2.39
Net Income	534.33	1,441	2,025	-128.1	47.75	-0.29
Net Income Growth	-62.93%	-28.82%	-	-	-	-
Shares Outstanding (Basic)	1,311	1,320	1,401	1,437	1,437	1,194
Shares Outstanding (Diluted)	1,340	1,328	1,410	1,437	1,437	1,194
Shares Change	0.93%	-5.78%	-1.89%	-	20.34%	-
EPS (Basic)	0.41	1.09	1.45	-0.09	0.03	-
EPS (Diluted)	0.40	1.08	1.44	-0.09	0.03	-
EPS Growth	-63.23%	-24.44%	-	-	-	-
Free Cash Flow	198.7	486.83	1,669	2,577	253.16	-1.01
Free Cash Flow Per Share	0.15	0.37	1.19	1.79	0.18	-0.00
Gross Margin	24.44%	43.23%	43.09%	39.99%	37.50%	44.68%
Operating Margin	-31.31%	19.94%	26.98%	0.34%	3.64%	1.67%
Profit Margin	33.68%	27.03%	23.76%	-3.35%	3.08%	-0.22%
Free Cash Flow Margin	12.53%	9.13%	19.59%	67.46%	16.34%	-0.76%
Effective Tax Rate	8.67%	20.50%	23.77%	225.06%	35.19%	113.68%
EBITDA	-	1,797	2,697	132.47	86.33	2.24
EBITDA Margin	-	33.69%	31.65%	3.47%	5.57%	1.69%
Depreciation & Amortization	-	164.46	113.55	62.45	13.41	0.04
EBIT	-42.8	1,632	2,584	70.02	72.93	2.21
EBIT Margin	-2.70%	30.60%	30.32%	1.83%	4.71%	1.66%

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