RLX Technology(US:RLX) Xin Lang Zheng Quan·2025-11-14 10:44Core Insights - RLX Technology Inc. reported strong financial performance for Q3 2025, with net revenue reaching RMB 1.1293 billion (USD 158.6 million), reflecting a quarter-over-quarter growth of 28.3% and a year-over-year growth of 49.3% [1][2] - The company’s adjusted net profit for the same period was RMB 295.4 million (USD 41.5 million), showing a quarter-over-quarter increase of 1.4% and a year-over-year increase of 12.1% [1] - The CEO highlighted the company's robust execution in international expansion and innovation, contributing to sustainable business growth despite macroeconomic challenges [1] Financial Performance - The international business contributed 72% to the total revenue, indicating a strong focus on global markets [2] - Operating profit under non-GAAP measures reached RMB 187.8 million, marking a significant year-over-year increase of 123.6% [2] - The company has returned over USD 500 million to shareholders through share buybacks and cash dividends, demonstrating a commitment to long-term value creation [2] Product Development - The company launched its self-developed oral film product in the UK, marking a significant step in product diversification and user experience enhancement [2] - This new product reflects the company's long-term vision to lead the next generation of consumer experiences [2] Market Position - The company is strengthening its leading position in key markets in the Asia-Pacific and Europe through localized product offerings and targeted retail network investments [1] - The regulatory environment in mainland China is becoming more orderly and compliant, creating a favorable backdrop for the company's business recovery [1]