Rlx Technology Stock Return On Equity

RLX Stock  USD 1.65  0.05  3.12%   
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.
Last ReportedProjected for Next Year
Return On Equity 0.03  0.03 
Return On Equity is likely to drop to 0.03 in 2024.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

RLX Technology Company Return On Equity Analysis

RLX Technology's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.

Return On Equity

 = 

Net Income

Total Equity

More About Return On Equity | All Equity Analysis

Current RLX Technology Return On Equity

    
  0.0417  
Most of RLX Technology's fundamental indicators, such as Return On Equity, 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 Return On Equity 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 Return On Equity. 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.
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For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Competition

RLX Total Stockholder Equity

Total Stockholder Equity

8.49 Billion

At this time, RLX Technology's Total Stockholder Equity is fairly stable compared to the past year.
Based on the latest financial disclosure, RLX Technology has a Return On Equity of 0.0417. This is 98.42% lower than that of the Food Products sector and 99.9% lower than that of the Consumer Staples industry. The return on equity for all United States stocks is 113.45% lower than that of the firm.

RLX Return On Equity 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 Return On Equity 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 return on equity 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.
201920202021202220232024 (projected)
Market Cap319.1B299.1B34.7B20.9B18.6B17.7B
Enterprise Value319.1B298.1B29.7B19.8B16.3B15.5B

RLX Fundamentals

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.