Apr. 28 at 6:38 PM
$RLX Technology Inc., together with its subsidiaries, develops, manufactures, and sells e-vapor products around the world. 2024 sales were
$377MM. The Company had Net Income of
$99MM and pays a cash dividend of $.01/share. What’s wrong with
$RLX?? The Company has ZERO products with active PMTAs in the United States, the most profitable vapor products market in the world.
But all is not lost...
From the RLX Business Overview Section of the Company’s Annual Report:
“We are a leading global branded e-vapor company… We relentlessly pursue our strategy to expand international presence by collaborating with established international partners, acquiring well-known brands, or setting up joint ventures in international markets.”
(Even after selling 12 skus to Reynolds this month,
$CHUC has MORE THAN 600 active PMTAs.)