RLX Technology's 2022 revenue will be 5.333 billion yuan, with a net profit of 1.441 billion yuan

2023-03-11

Net revenue in the fourth quarter was 343 million yuan, compared with 1.904 billion yuan in the same period last year, a year-on-year decrease of 82.1%.


Blue Hole New Consumer Report, news on March 10, RLX Technology (NYSE: RLX), the parent company of RELX Electronic Cigarettes, today released its 2022 full-year financial report and fourth quarter financial report, which is also a milestone in the national standard era. First quarterly earnings report.

The financial report shows that the net revenue of RLX Technology in the fourth quarter was 343 million yuan, compared with 1.904 billion yuan in the same period last year, a year-on-year decrease of 82.1%. The net loss was 225 million yuan, compared with 494 million yuan in the same period last year. Not in accordance with the US General Accounting Standards (Non-GAAP), the net profit was 250 million yuan, and the net profit in the same period last year was 537 million yuan, a year-on-year decrease of 53.5%.


The financial report shows that the annual net revenue in 2022 will be 5.333 billion yuan, compared with 8.521 billion yuan in 2021, a year-on-year decrease of 37.4%. The net profit was 1.409 billion yuan, compared with 2.028 billion yuan in 2021. Not in accordance with the US General Accounting Standards (Non-GAAP), the net profit was 1.575 billion yuan, while the net profit in 2021 was 2.252 billion yuan, a year-on-year decrease of 30.1%.

Fogcore Technology's net revenue in the fourth quarter of 2022 was RMB 340 million (US$49.3 million), a year-on-year decrease of 82.1%.

The data in the fourth quarter is very worthy of attention. From October 1, 2022, fruit flavors are not allowed to be re-sold, and only national-standard tobacco flavor products are allowed to be sold. E-cigarette consumption tax will be levied in November, which is 82.1% lower than the fourth quarter of last year. , the impact can be said to be huge.
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