Rlx Technology Stock Beta

RLX Stock

USD 2.26 0.09 3.83%

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.

Short Long Term Debt Total Total Assets

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RLX Technology Company Beta Analysis

RLX Technology's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.

Beta

Covariance

Variance

More About Beta | All Equity Analysis

Current RLX Technology Beta

0.92

Most of RLX Technology's fundamental indicators, such as Beta, 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 Beta 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 Beta. 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.

	Total Assets	Total Stockholder Equity	Net Tangible Assets	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Capital Surpluse	Total Liab	Net Invested Capital	Total Current Assets	Capital Stock	Cash And Equivalents	Net Working Capital	Short Term Debt	Common Stock	Property Plant Equipment	Good Will
Total Assets		0.95	0.95	0.45	-0.83	0.9	0.43	0.68	0.95	0.54	0.95	0.97	0.88	0.99	0.99	0.79	0.88	0.84	0.64
Total Stockholder Equity	0.95		1.0	0.33	-0.78	0.98	0.37	0.8	1.0	0.47	1.0	0.91	0.92	0.91	0.93	0.73	0.92	0.77	0.78
Net Tangible Assets	0.95	1.0		0.33	-0.78	0.98	0.37	0.8	1.0	0.47	1.0	0.91	0.92	0.91	0.93	0.73	0.92	0.77	0.78
Current Deferred Revenue	0.45	0.33	0.33		-0.67	0.18	0.96	0.09	0.37	0.92	0.33	0.59	0.2	0.55	0.47	0.8	0.2	0.74	0.0
Net Debt	-0.83	-0.78	-0.78	-0.67		-0.67	-0.71	-0.46	-0.82	-0.75	-0.78	-0.9	-0.66	-0.9	-0.86	-0.87	-0.66	-0.88	-0.46
Retained Earnings	0.9	0.98	0.98	0.18	-0.67		0.24	0.87	0.97	0.35	0.98	0.83	0.93	0.84	0.86	0.61	0.93	0.67	0.86
Accounts Payable	0.43	0.37	0.37	0.96	-0.71	0.24		0.24	0.41	0.97	0.37	0.57	0.25	0.53	0.45	0.83	0.25	0.79	0.14
Net Receivables	0.68	0.8	0.8	0.09	-0.46	0.87	0.24		0.78	0.32	0.8	0.58	0.83	0.6	0.59	0.46	0.83	0.58	0.95
Capital Surpluse	0.95	1.0	1.0	0.37	-0.82	0.97	0.41	0.78		0.51	1.0	0.93	0.91	0.93	0.94	0.76	0.91	0.8	0.76
Total Liab	0.54	0.47	0.47	0.92	-0.75	0.35	0.97	0.32	0.51		0.47	0.67	0.34	0.62	0.56	0.92	0.34	0.89	0.18
Net Invested Capital	0.95	1.0	1.0	0.33	-0.78	0.98	0.37	0.8	1.0	0.47		0.91	0.92	0.91	0.93	0.73	0.92	0.77	0.78
Total Current Assets	0.97	0.91	0.91	0.59	-0.9	0.83	0.57	0.58	0.93	0.67	0.91		0.8	0.99	0.99	0.89	0.8	0.9	0.52
Capital Stock	0.88	0.92	0.92	0.2	-0.66	0.93	0.25	0.83	0.91	0.34	0.92	0.8		0.83	0.83	0.57	1.0	0.66	0.83
Cash And Equivalents	0.99	0.91	0.91	0.55	-0.9	0.84	0.53	0.6	0.93	0.62	0.91	0.99	0.83		0.99	0.84	0.83	0.88	0.56
Net Working Capital	0.99	0.93	0.93	0.47	-0.86	0.86	0.45	0.59	0.94	0.56	0.93	0.99	0.83	0.99		0.82	0.83	0.85	0.55
Short Term Debt	0.79	0.73	0.73	0.8	-0.87	0.61	0.83	0.46	0.76	0.92	0.73	0.89	0.57	0.84	0.82		0.57	0.98	0.32
Common Stock	0.88	0.92	0.92	0.2	-0.66	0.93	0.25	0.83	0.91	0.34	0.92	0.8	1.0	0.83	0.83	0.57		0.66	0.83
Property Plant Equipment	0.84	0.77	0.77	0.74	-0.88	0.67	0.79	0.58	0.8	0.89	0.77	0.9	0.66	0.88	0.85	0.98	0.66		0.44
Good Will	0.64	0.78	0.78	0.0	-0.46	0.86	0.14	0.95	0.76	0.18	0.78	0.52	0.83	0.56	0.55	0.32	0.83	0.44

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In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.

Competition

Predict RLX Technology

In accordance with the recently published financial statements, RLX Technology has a Beta of 0.923. This is 24.96% lower than that of the Food Products sector and about the same as Consumer Staples (which currently averages 0.93) industry. The beta for all United States stocks is notably lower than that of the firm.

RLX Beta 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 Beta 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 beta 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.

	2020	2021	2022	2023	2024	2025 (projected)
Market Cap	299.1B	34.7B	20.9B	19.0B	21.9B	20.8B
Enterprise Value	298.1B	29.7B	19.8B	16.7B	19.2B	18.2B

RLX Technology ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, RLX Technology's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to RLX Technology's managers, analysts, and investors.

Environmental

Governance

Social

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
Oasis Management Co. Ltd		5.6 M
Jpmorgan Chase & Co	2024-12-31	5.5 M
State Street Corp	2024-12-31	5.3 M
Morgan Stanley - Brokerage Accounts	2024-12-31	4.6 M
Nomura Holdings Inc	2024-12-31	3.6 M
Millennium Management Llc	2024-12-31	3.5 M
Man Group Plc	2024-12-31	3.2 M
D. E. Shaw & Co Lp	2024-12-31	2.1 M
Vista Wealth Management, Llc	2024-12-31	2.1 M
Idg China Venture Capital Fund V Associates L.p.	2024-12-31	60.1 M
Vanguard Group Inc	2024-12-31	27.8 M

RLX Technology returns are very sensitive to returns on the market. As the market goes up or down, RLX Technology is expected to follow.

RLX Fundamentals

	Return On Equity	0.0413
	Return On Asset	-0.009
	Profit Margin	0.30 %
	Operating Margin	(0.02) %
	Current Valuation	2.38 B
	Shares Outstanding	1.26 B
	Shares Owned By Insiders	86.42 %
	Shares Owned By Institutions	27.81 %
	Number Of Shares Shorted	11.47 M
	Price To Earning	8.85 X
	Price To Book	1.61 X
	Price To Sales	1.64 X
	Revenue	1.24 B
	Gross Profit	630.02 M
	EBITDA	(400.11 M)
	Net Income	540.99 M
	Cash And Equivalents	1.27 B
	Cash Per Share	10.96 X
	Total Debt	53.85 M
	Debt To Equity	0.01 %
	Current Ratio	10.76 X
	Book Value Per Share	12.78 X
	Cash Flow From Operations	198.7 M
	Short Ratio	2.10 X
	Earnings Per Share	0.06 X
	Price To Earnings To Growth	8.62 X
	Target Price	3.14
	Number Of Employees	397
	Beta	0.92
	Market Capitalization	3.55 B
	Total Asset	16.32 B
	Retained Earnings	3.77 B
	Working Capital	8.32 B
	Net Asset	16.32 B

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.

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