Fact Check News said:
RLX Technology Inc. reported unaudited third quarter financial results for the period ending September 30 2025. The company recorded net revenues of RMB1,129.3 million (US$158.6 million), marking a 49.3% increase compared to RMB756.3 million in the same quarter of the previous year.
The gross margin improved to 31.2%, up from 27.2% year over year. Non GAAP income from operations reached RMB187.8 million (US$26.4 million), more than doubling from RMB84.0 million in the third quarter of 2024. Non GAAP net income was RMB295.4 million (US$41.5 million), up from RMB263.6 million a year earlier. U S GAAP net income rose to RMB206.8 million (US$29.1 million), compared to RMB169.4 million in the same period last year. Basic earnings per ADS were RMB0.167 (US$0.023) and diluted earnings per ADS were RMB0.157 (US$0.022).
The company attributed its growth to investments in international markets and a rebound in its Mainland China operations amid improved regulatory conditions. CEO Ying (Kate) Wang highlighted successful product rollouts, particularly in the United Kingdom.
For the quarter, cash generated from operating activities was RMB357.5 million (US$50.2 million). The Board of Directors declared a cash dividend of US$0.1 per share, with payment expected around February 2 2026, for ordinary shares and around February 9 2026, for ADSs.
#Investor Takeaway
RLX Technology's strong revenue growth highlights robust demand and operational improvements.
#Market Impact
The substantial increase in revenues and net income could enhance investor confidence, potentially supporting share price performance. The company’s commitment to shareholder returns through dividends and buybacks may further strengthen its appeal.
#What’s Next
Investors should monitor the upcoming earnings conference call scheduled for November 14, 2025, and anticipate developments related to the cash dividend payments scheduled in early February.