RLX Technology Income Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018
Revenue	1,586	5,333	8,521	3,820	1,549	Upgrade
Revenue Growth (YoY)	-70.25%	-37.42%	123.08%	146.54%	1068.33%	Upgrade
Cost of Revenue	1,199	3,028	4,849	2,292	968.41	Upgrade
Gross Profit	387.71	2,305	3,672	1,528	580.94	Upgrade
Selling, General & Admin	711.74	924.61	1,193	1,215	492.63	Upgrade
Research & Development	172.69	317.11	179.91	299.29	31.93	Upgrade
Operating Expenses	884.42	1,242	1,373	1,514	524.56	Upgrade
Operating Income	-496.71	1,063	2,299	13.15	56.39	Upgrade
Interest Expense / Income	-627.88	-180.73	-72.41	-32.41	-0.75	Upgrade
Other Expense / Income	-453.91	-568.66	-285.02	-56.88	-16.54	Upgrade
Pretax Income	585.08	1,813	2,656	102.43	73.67	Upgrade
Income Tax	50.76	371.58	631.43	230.53	25.92	Upgrade
Net Income	534.33	1,441	2,025	-128.1	47.75	Upgrade
Net Income Growth	-62.93%	-28.82%	-	-	-	Upgrade
Shares Outstanding (Basic)	1,311	1,320	1,401	1,437	1,437	Upgrade
Shares Outstanding (Diluted)	1,340	1,328	1,410	1,437	1,437	Upgrade
Shares Change	0.93%	-5.78%	-1.89%	-	20.34%	Upgrade
EPS (Basic)	0.41	1.09	1.45	-0.09	0.03	Upgrade
EPS (Diluted)	0.40	1.08	1.44	-0.09	0.03	Upgrade
EPS Growth	-63.23%	-24.44%	-	-	-	Upgrade
Free Cash Flow	170.48	448.19	1,669	2,577	253.16	Upgrade
Free Cash Flow Per Share	0.13	0.34	1.19	1.79	0.18	Upgrade
Gross Margin	24.44%	43.23%	43.09%	39.99%	37.50%	Upgrade
Operating Margin	-31.31%	19.94%	26.98%	0.34%	3.64%	Upgrade
Profit Margin	33.68%	27.03%	23.76%	-3.35%	3.08%	Upgrade
Free Cash Flow Margin	10.75%	8.40%	19.59%	67.46%	16.34%	Upgrade
Effective Tax Rate	8.67%	20.50%	23.77%	225.06%	35.19%	Upgrade
EBITDA	53.81	1,797	2,697	132.47	86.33	Upgrade
EBITDA Margin	3.39%	33.69%	31.65%	3.47%	5.57%	Upgrade
Depreciation & Amortization	96.6	164.46	113.55	62.45	13.41	Upgrade
EBIT	-42.8	1,632	2,584	70.02	72.93	Upgrade
EBIT Margin	-2.70%	30.60%	30.32%	1.83%	4.71%	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from audited reports submitted to the Securities and Exchange Commission (SEC).