Rlx Technology Stock Net Income

RLX Stock  USD 1.80  0.02  1.12%   
RLX Technology fundamentals help investors to digest information that contributes to RLX Technology's financial success or failures. It also enables traders to predict the movement of RLX Stock. The fundamental analysis module provides a way to measure RLX Technology's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to RLX Technology stock.
Last ReportedProjected for Next Year
Net Income From Continuing Ops96 M91.2 M
Net Income Applicable To Common Shares1.7 B1.7 B
Net Income541 M714.5 M
Net Income Per Share 0.40  0.38 
Net Income Per E B T 0.90  0.95 
At this time, RLX Technology's Net Income Applicable To Common Shares is fairly stable compared to the past year. Net Income is likely to rise to about 714.5 M in 2024, whereas Net Income From Continuing Ops is likely to drop slightly above 91.2 M in 2024.
  
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RLX Technology Company Net Income Analysis

RLX Technology's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

More About Net Income | All Equity Analysis

Current RLX Technology Net Income

    
  540.99 M  
Most of RLX Technology's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, RLX Technology is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

RLX Net Income Driver Correlations

Understanding the fundamental principles of building solid financial models for RLX Technology is extremely important. It helps to project a fair market value of RLX Stock properly, considering its historical fundamentals such as Net Income. Since RLX Technology's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of RLX Technology's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of RLX Technology's interrelated accounts and indicators.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

RLX Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

1.06 Billion

At this time, RLX Technology's Accumulated Other Comprehensive Income is fairly stable compared to the past year.
Based on the recorded statements, RLX Technology reported net income of 540.99 M. This is 51.05% lower than that of the Food Products sector and 95.25% lower than that of the Consumer Staples industry. The net income for all United States stocks is 5.25% higher than that of the company.

RLX Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses RLX Technology's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of RLX Technology could also be used in its relative valuation, which is a method of valuing RLX Technology by comparing valuation metrics of similar companies.
RLX Technology is currently under evaluation in net income category among its peers.

RLX Technology Current Valuation Drivers

We derive many important indicators used in calculating different scores of RLX Technology from analyzing RLX Technology's financial statements. These drivers represent accounts that assess RLX Technology's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of RLX Technology's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap319.1B299.1B34.7B20.9B19.0B18.1B
Enterprise Value319.1B298.1B29.7B19.8B16.7B15.8B

RLX Technology Institutional Holders

Institutional Holdings refers to the ownership stake in RLX Technology that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of RLX Technology's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing RLX Technology's value.
Shares
Fidelity International Ltd2024-06-30
5.2 M
Citadel Advisors Llc2024-09-30
4.9 M
Oasis Management Co. Ltd2024-06-30
4.9 M
Canada Pension Plan Investment Board2024-09-30
3.2 M
Vista Wealth Management, Llc2024-09-30
2.1 M
Legal & General Group Plc2024-06-30
1.5 M
Man Group Plc2024-09-30
1.4 M
S.a.c. Capital Advisors (hong Kong) Ltd.2024-09-30
1.3 M
Point72 Asset Management, L.p.2024-09-30
1.3 M
Idg China Venture Capital Fund V Associates L.p.2024-09-30
60.1 M
Vanguard Group Inc2024-09-30
29.7 M

RLX Fundamentals

About RLX Technology Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze RLX Technology's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of RLX Technology using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of RLX Technology based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Additional Tools for RLX Stock Analysis

When running RLX Technology's price analysis, check to measure RLX Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy RLX Technology is operating at the current time. Most of RLX Technology's value examination focuses on studying past and present price action to predict the probability of RLX Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move RLX Technology's price. Additionally, you may evaluate how the addition of RLX Technology to your portfolios can decrease your overall portfolio volatility.