In This Article:
RLX Technology (NYSE:RLX) Full Year 2024 Results
Key Financial Results
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Revenue: CN¥2.44b (up 97% from FY 2023).
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Net income: CN¥551.8m (up 3.3% from FY 2023).
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Profit margin: 23% (down from 43% in FY 2023). The decrease in margin was driven by higher expenses.
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EPS: CN¥0.45 (up from CN¥0.41 in FY 2023).
Our free stock report includes 1 warning sign investors should be aware of before investing in RLX Technology. Read for free now.
All figures shown in the chart above are for the trailing 12 month (TTM) period
RLX Technology Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 2.1%. Earnings per share (EPS) missed analyst estimates by 41%.
Looking ahead, revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Global Tobacco industry.
Performance of the market in the US.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
You should learn about the 1 warning sign we've spotted with RLX Technology.
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