# RLX Technology share price today (RLX Technology Inc., RLX)

> RLX Technology Inc.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. RLX · Consumer Staples · Tobacco · data as of 3 November 2026. Page: https://www.sectoralpha.in/us/stocks/rlx

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## Key numbers

- Business trend: Mixed, from fewer quarters than usual
- Price: $1.63 (−33.2% in a year)
- P/E: 14.8×, against its own history
- Revenue (Jun 2026): ₹0.9 B (+15.5% on a year ago)
- Profit (Jun 2026): ₹0.2 B (+0.3% on a year ago)
- Operating margin: 14.2% (+9.3 points on a year ago)
- ROE: 6%, FY25
- Profit that came in as cash: 107%, last 3 years

Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business. ## What is the RLX Technology share price today? RLX Technology Inc.'s share price was $1.63 at the close on 3 November 2026. It has been falling for 14 weeks. That is 19.3% below its average price over the last 200 trading days. In the last 52 weeks it traded between $2 and $3, and at that close it sat 2% of the way up from that low. Over the past 13 weeks it has done worse than the S&P 500, and it has been behind for 32 weeks running. Over the last 5.8 years the share price moved −93% while the S&P 500 moved +104%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 27 March 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does RLX Technology pay? RLX Technology Inc. declared ₹0.71 per local share for Sep 2025, and ₹0.86 over the last four reported quarters. It reports in its home currency, and one US-listed share can stand for several local shares, so we do not set this against the dollar price or show a yield. ## Which stock lists is RLX Technology on? RLX Technology is not in the Nasdaq 100, the S&P 500 or the Dow Jones 30, and is not on the US tech stocks list. ## Is RLX Technology profitable? RLX Technology Inc. earned ₹0.2 B of net profit in the Jun 2026 quarter, +0.3% on the same quarter a year earlier. That is the 6th quarter in a row of profit growth. Full-year FY25 profit was ₹0.9 B. Over 4 years profit has grown −17.9% a year on average. That is 23.7% of the quarter's revenue. The same quarter a year earlier earned ₹0.2 B. For the full year, FY25 profit was ₹0.9 B (+67.1% on the year before). Why profit moved: revenue changed +15.5% on a year earlier and the margin moved +9.3 percentage points. Most of the change came from keeping more of each sale. On average over the last four quarters, profit changed +45.0% and revenue +55.5%. Profit is growing slower than sales: rising costs are taking part of the growth. This company reports in its home currency, not US dollars, so the money charts are left out here. The figures in the text are in that currency (₹); nothing is converted. ## How much revenue does RLX Technology make, and is it growing? RLX Technology Inc. reported ₹0.9 B of revenue in the Jun 2026 quarter, +15.5% on the same quarter a year earlier. That is the 11th quarter in a row with growth on the year before. Over 4 years it has grown −19.3% a year on average. The last full year, FY25, came in at ₹3.6 B. The last four reported quarters add to ₹4.5 B. FY25 revenue was ₹3.6 B, +48.0% on the year before. Recent pace: the last four quarters grew +55.5% on average, against −19.3% a year over the longer run, so this year is growing faster than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +54.3%, against +54.8% a year over the last 8 quarters (stabilising); profit over the last 12 months grew +35.5%, against +22.8% a year (accelerating). This company reports in its home currency, not US dollars, so the money charts are left out here. The figures in the text are in that currency (₹); nothing is converted. ## How much of its sales does RLX Technology keep? RLX Technology Inc.'s operating margin was 14.2% in the Jun 2026 quarter, 9.3 percentage points higher than the same quarter a year ago. Across 5 years it has been between −39.9% and 27.0%. The latest quarter is within that range. Why the margin moved: operating margin changed +9.3 percentage points on the year while gross margin changed +8.5 points. So the gain came mostly from the gross margin, which means input costs and prices charged. ## Is RLX Technology's profit turning into cash? Over the last 3 years, 107% of RLX Technology Inc.'s reported profit came in as cash from its operations, so the profit is backed by cash. In FY25 it brought in ₹1.1 B of operating cash against ₹0.9 B of profit. After ₹0.1 B of spending on assets, ₹1.0 B was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason. What to look at next: it spends almost nothing on new assets, so the cash goes on running the business. The next section shows the spending figures. This company reports in its home currency, not US dollars, so the money charts are left out here. The figures in the text are in that currency (₹); nothing is converted. ## Where does RLX Technology's cash go? RLX Technology Inc. does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent ₹0.0 B on assets over the last 3 years. Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn. Spending on assets: ₹0.0 B over the last 3 years. In short: almost nothing is being spent on new assets, so the cash goes on running the business. This company reports in its home currency, not US dollars, so the money charts are left out here. The figures in the text are in that currency (₹); nothing is converted. ## What is RLX Technology's P/E ratio, and how does it compare with its own history? RLX Technology Inc.'s P/E is 14.8×, with too little history to compare. This compares the share price with the company’s own past. It does not say what the business is worth. In short: there is too little history to say whether the multiple is high or low for this company, so the earnings trend underneath matters more than the multiple. ## Is the RLX Technology business getting better or worse? RLX Technology Inc.'s business is giving mixed signals. Growth has been steadily positive, but ROCE at 3.6% is below the 15% level needed to call it steady growth. This is based on 12 quarters of 3 measures, with some gaps. Why it matters: when the lines disagree, each line above matters more than any single label. This reading has some gaps: at least one line is short, or the return line is not the quarterly series, so treat it with a little more caution. ## How much does RLX Technology earn on its capital? RLX Technology Inc. earned a ROE of 6% in FY25. That is up from a low of 3% in FY23. Its return on capital used (ROIC) is left out: on sales this small it reads 834%, a number that says nothing useful about the business. It comes from a 25.5% net margin and 0.20× asset turnover (sales divided by assets). Why the return is what it is (FY25): a 25.5% net margin × 0.20× asset turnover × 1.14× leverage (assets divided by equity) ≈ 5.8% on equity. The margin does most of the work; borrowing plays a small part, so this return is earned, not borrowed. ## Does RLX Technology have too much debt? RLX Technology Inc. has total debt of ₹0.2 B against shareholder equity of ₹15.6 B as of Jun 2026, so its debt is 0.02× its equity, which is very little. Year by year, that ratio went from 0.01 in FY21 to 0.01 in FY25. So the returns on this page come from the business, not from borrowed money. This company reports in its home currency, not US dollars, so the money charts are left out here. The figures in the text are in that currency (₹); nothing is converted. ## What is the RLX Technology shareholding pattern? We have no ownership or short-position figures for RLX Technology Inc., so this section says so rather than fill the gap. At normal trading volumes, closing those positions would take about 2.3 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. ## How far is RLX Technology from balance-sheet trouble? For RLX Technology Inc., the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does RLX Technology rank in its industry? There is no score against its industry: RLX Technology Inc. is not among the largest members shown in this industry comparison for Tobacco. The score ranks a company within its industry: each measure is scored against the other members. Without that group there is no score, so none is shown. ## Which companies is RLX Technology compared with? No sector comparison is shown here, not among the largest members shown in this industry comparison. ## Which companies are close to RLX Technology in size? RLX Technology is the 4th largest of 6 Tobacco companies on Sector Alpha by market value (scores of 3 November 2026). Just above it: Philip Morris International Inc., British American Tobacco p.l.c. and Altria Group, Inc. Just below it: Turning Point Brands, Inc. and Universal Corporation. ### Tobacco companies close in size

1. [Philip Morris International Inc.](https://www.sectoralpha.in/us/stocks/pm) $324.2 billion
2. [British American Tobacco p.l.c.](https://www.sectoralpha.in/us/stocks/bti) $128.5 billion
3. [Altria Group, Inc.](https://www.sectoralpha.in/us/stocks/mo) $128 billion
4. RLX Technology Inc. $2 billion
5. [Turning Point Brands, Inc.](https://www.sectoralpha.in/us/stocks/tpb) $1.3 billion
6. [Universal Corporation](https://www.sectoralpha.in/us/stocks/uvv) $983 million

[All 6 Tobacco companies, largest first](https://www.sectoralpha.in/us/sectors/tobacco#all-companies)

### Companies close in size in other industries

1. [Ouster, Inc.](https://www.sectoralpha.in/us/stocks/oust) $2 billion · Electronic Components
2. [Kimbell Royalty Partners, LP](https://www.sectoralpha.in/us/stocks/krp) $2 billion · Oil & Gas Exploration & Production
3. RLX Technology Inc. $2 billion
4. [Insperity, Inc.](https://www.sectoralpha.in/us/stocks/nsp) $2 billion · Staffing & Employment Services
5. [Monarch Casino & Resort, Inc.](https://www.sectoralpha.in/us/stocks/mcri) $2 billion · Resorts & Casinos

## What else do people ask about RLX Technology? ### What is RLX Technology's stock price today? RLX Technology Inc.'s stock price is $1.63, −33.2% over the past year. The whole company is worth $2.0 B on the market. In the last 52 weeks it traded between $2 to $3; today it is 2% of the way up from the low, 19.3% below its 200-day average (as of 3 November 2026). ### What were RLX Technology's latest quarterly results? RLX Technology Inc. reported revenue of ₹0.9 B and net profit of ₹0.2 B for the Jun 2026 quarter. Revenue rose 15.5% and profit rose 0.3% compared with a year earlier. The operating margin was 14.2%, 9.3 percentage points higher than a year earlier (as of 3 November 2026). ### What is RLX Technology's market cap? RLX Technology Inc.'s market capitalisation is $2.0 B at a stock price of $1.63. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is RLX Technology performing? RLX Technology Inc.'s share price has been falling for 14 weeks. In its latest quarter, revenue rose 15.5% and profit rose 0.3% compared with a year earlier. Over the past 13 weeks it has done worse than the S&P 500, for 32 weeks running (as of 3 November 2026). ### Will RLX Technology's stock price go up? This page does not forecast RLX Technology Inc.'s stock price. What it shows instead: the stock price is $1.63, and it has been falling for 14 weeks. Nobody can reliably say which way a price will move, and this site does not try (as of 3 November 2026). ### Where is RLX Technology in its business cycle? RLX Technology Inc.'s FY25 operating margin was 9.1%, against a 5-year range of −39.9% to 27.0%: the middle of its own range, neither a peak nor a low. The latest quarter was 14.2%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the RLX Technology story? Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is RLX Technology a stock worth studying right now? What the numbers show: RLX Technology Inc.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: the next one or two quarters of results. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). This is research, not advice. We’re not SEBI-registered.