RLX Technology Inc (RLX) is a fully integrated manufacturer of e-cigarette products based in Shenzhen, China. The vaping industry is estimated to see 10x growth from 2025 to 2033 and reach $462bn. RLX had a payout ratio of 103% in 2025, is cash rich, carries no debt and the dividend is expected to grow over the next few years.
RLX Technology Inc. (RLX) Q1 2026 Earnings Call Transcript
RLX Technology NYSE: RLX reported a sharp increase in first-quarter 2026 revenue, driven by international expansion, contributions from a European investment and continued stability in mainland China, executives said on the company's earnings call.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
Point72 Asset Management LP Point72 Asset Management LP | 179,295 | $394,449 | $363,968.85 | -$30,480.15 | -7.73% |
| JC Joseph Castro Nuveen LLC | 208,700 | $392,356 | $423,661 | $31,305 | 7.98% |
| TK Taro Kuriyama Axq Capita LLP | 12,941 | $30,153 | $26,140.82 | -$4,012.18 | -13.31% |
Mathieu Cornu Pictet Asset Management Holding SA | 3.75M | $8.23M | $7.62M | -$609,404.48 | -7.41% |
| MS Mark Schafer Police & Firemen's Retirement System of New Jersey | 363,833 | $793,213.87 | $738,580.99 | -$54,632.88 | -6.89% |
| Tobacco Industry | Consumer Staples Sector | Wang Ying CEO | NYSE Exchange | 74969N103 CUSIP |
| CN Country | 381 Employees | 9 Feb 2026 Last Dividend | - Last Split | 22 Jan 2021 IPO Date |
RLX Technology Inc. is a prominent player in the e-vapor industry, based in the People's Republic of China. Since its establishment in 2018, the company has dedicated itself to the manufacture and sales of e-vapor products, catering to the vast Chinese market. It operates through a network of partner distributors and retail outlets, ensuring wide accessibility and availability of its products across the country. With its headquarters in Beijing, China, RLX Technology Inc. has swiftly captured a significant share of the e-vapor market by focusing on innovative solutions and customer satisfaction.
RLX Technology Inc. offers a wide range of e-vapor products designed to meet the diverse needs of its clientele. These products include: