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RLX (RLX Technology) Gross Profit : $100.9 Mil (TTM As of Dec. 2024)


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What is RLX Technology Gross Profit?

RLX Technology's gross profit for the three months ended in Dec. 2024 was $30.2 Mil. RLX Technology's gross profit for the trailing twelve months (TTM) ended in Dec. 2024 was $100.9 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. RLX Technology's gross profit for the three months ended in Dec. 2024 was $30.2 Mil. RLX Technology's Revenue for the three months ended in Dec. 2024 was $101.1 Mil. Therefore, RLX Technology's Gross Margin % for the quarter that ended in Dec. 2024 was 29.87%.

RLX Technology had a gross margin of 29.87% for the quarter that ended in Dec. 2024 => Competition eroding margins

During the past 7 years, the highest Gross Margin % of RLX Technology was 44.67%. The lowest was 29.72%. And the median was 39.99%.

Warning Sign:

RLX Technology Inc gross margin has been in long-term decline. The average rate of decline per year is -5.3%.


RLX Technology Gross Profit Historical Data

The historical data trend for RLX Technology's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

RLX Technology Gross Profit Chart

RLX Technology Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross Profit
Get a 7-Day Free Trial 233.60 576.53 330.64 54.30 99.79

RLX Technology Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.28 19.83 21.76 29.11 30.20

Competitive Comparison of RLX Technology's Gross Profit

For the Tobacco subindustry, RLX Technology's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


RLX Technology's Gross Profit Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, RLX Technology's Gross Profit distribution charts can be found below:

* The bar in red indicates where RLX Technology's Gross Profit falls into.


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RLX Technology Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

RLX Technology's Gross Profit for the fiscal year that ended in Dec. 2024 is calculated as

Gross Profit (A: Dec. 2024 )=Revenue - Cost of Goods Sold
=335.754 - 235.967
=99.8

RLX Technology's Gross Profit for the quarter that ended in Dec. 2024 is calculated as

Gross Profit (Q: Dec. 2024 )=Revenue - Cost of Goods Sold
=101.118 - 70.914
=30.2

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $100.9 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

RLX Technology's Gross Margin % for the quarter that ended in Dec. 2024 is calculated as

Gross Margin % (Q: Dec. 2024 )=Gross Profit (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=30.2 / 101.118
=29.87 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


RLX Technology  (NYSE:RLX) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

RLX Technology had a gross margin of 29.87% for the quarter that ended in Dec. 2024 => Competition eroding margins


RLX Technology Gross Profit Related Terms

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RLX Technology Business Description

Traded in Other Exchanges
Address
No. 9 Jian’an First Road, Financial Street, 35/F, Pearl International Financial Center, Third District, Bao’an District, Shenzhen, CHN, 518101
RLX Technology Inc is engaged in the manufacturing of e-vapor products for adult smokers. It has an integrated offline distribution and "Branded store plus" retail model tailored to China's e-vapor market.