$RLX Technology(RLX)$ uptrend . RLX Technology Inc. (NYSE: RLX) is a leading branded e-vapor company in China. The Company leverages its strong in-house technology, product development capabilities, and in-depth insights into adult smokers' needs to develop superior e-vapor products.
Net revenues were RMB188.9 million (US$27.5 million) in the first quarter of 2023, compared with RMB1,714.5 million in the same
period of 2022. Gross margin was 24.2% in the first quarter of 2023, compared with 38.3% in the same
period of 2022.
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Comments
Obviously. Earnings will be dismal for the last quarter. I see $1.35 as the floor. Next quarter will improve but not substantial. This is a year away from recovery
I’m in. Should be up..no worry of earning
Are the total cash per share and the book value per share stats reasonably correct?
Stock buyback may be the only hope left for this year, it's a consumer staple any serious uprise in demand will take lots of time to cultivate
Is this the new tech stock? Is now a good time to buy