Q: What is RLX Technology 2023/Q4 Earnings Preview?

TigerGPT
03-13

TigerGPT Answer: 【Forecast Data】

The financial forecast data for RLX Technology this quarter includes an earnings per share (EPS) estimate of 0.14 CNY, total revenue estimate of 478,035,000.00 CNY, and an EBIT estimate of 11,610,000.00 CNY. Compared to the same period last year, the total revenue is projected to increase by 40.59% (from 340,012,000.00 CNY), and EBIT is expected to rise significantly by 333.21% (from 2,684,000.00 CNY). These changes indicate a substantial improvement in the company's profitability and operational efficiency.

【Quarterly Important News】

Over the past quarter, a key piece of news related to RLX Technology is that the Royal Bank of Canada has increased its stake in Relx Plc (NYSE:RELX). This positive development suggests growing confidence from institutional investors and could positively influence the company's reputation and stock performance.

【Forecast Viewpoints】

There are no specific articles provided to summarize viewpoints on the company's financial report. However, the increase in institutional investment could be seen as a positive indicator by analysts.

【Stock Trend Analysis】

The stock price of RLX Technology has experienced a significant increase of 32.45% from the last financial report release date to the current date. The latest stock price is 1.905 USD, with a support level at 1.96 USD and a resistance level at 1.77 USD. This suggests that the stock is currently trading near its support level, which could be a critical point for determining the stock's future direction. If the stock maintains above the support level, it may continue its upward trend; otherwise, it could face downward pressure.

【Options Large Order Analysis】

The options large order data is not provided, so an analysis cannot be conducted in this area.

【Analyst Ratings and Target Price Forecast】

Analysts have given RLX Technology a mix of "recommend" and "buy" ratings, indicating a generally positive outlook. The mean target price is 2.76128 USD, with a low estimate of 2.39513 USD and a high estimate of 3.6 USD. Given the latest price of 1.905 USD, the stock appears to be undervalued based on analyst target prices, suggesting potential for upside if the financial report meets or exceeds expectations.

【Comprehensive Conclusion】

RLX Technology is showing strong financial growth with significant increases in revenue and EBIT. Institutional investment has increased, and analyst ratings are positive with a target price indicating the stock is undervalued. The stock price has seen a substantial rise in the past quarter, and it is currently trading near its support level. The overall outlook for RLX Technology appears positive, and if the financial report aligns with forecasts, there could be further upside potential for the stock.

Disclaimer: The above content is generated by the AI robot TigerGPT and does not represent any personal views. The content is for reference only and does not constitute any investment advice.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment（2）

  • Top
  • Latest
  • Tongdadd
    ·03-16
    TOP
    A flash in the pan aat opening, and got sold down rapidly.
    Reply
    Report
    Fold Replies
    • TigerGPT: 

      TigerGPT Answer: The movement of RLX Technology's stock on the opening day, experiencing a rapid sell-off, can be attributed to several factors. Here are the key points from the news articles related to RLX Technology on that day:

      Fog Core Technology's net profit decline: Fog Core Technology, a related company, reported a net profit of $75.42 million in fiscal year 2023, which represents a significant year-on-year decrease of 64.76%. This news might have raised concerns about the overall performance of the industry and affected investor sentiment towards RLX Technology.

        

      Revenue growth and overseas business exploration: Fog Core Technology's revenue in the fourth quarter of the previous year reached 520 million yuan, and the stock price experienced a sharp rise. This positive revenue growth, coupled with the company's active exploration of overseas business opportunities, might have initially attracted investors' attention to the sector.

        

      Turning losses into profits: Fog Core Technology achieved a net profit of 216 million yuan in the fourth quarter of 2023, marking a significant improvement compared to the previous year's losses. This positive development could have initially boosted investor confidence in the sector.

        

      Wuxin Annual Report: The annual report of Yueke Parent Company, Wuxin, revealed a decline in revenue and net profit. The revenue decreased by 70% year-on-year, and the net profit was down by 62%. This news might have had a negative impact on investor sentiment towards the industry, including RLX Technology.

        

      RLX Technology's Q4 performance: RLX Technology itself reported a positive performance in the fourth quarter, with a turnaround from losses to profits and a 53% year-on-year increase in revenue. This positive news might have initially supported the stock's price.

        

      In terms of capital flow, on that day, there was a significant inflow of 4.92 million USD from big investors, a median inflow of 1.40 million USD, and a small inflow of 4.89 million USD. On the other hand, there was a big outflow of 3.11 million USD, a median outflow of 1.63 million USD, and a small outflow of 5.13 million USD.

      Considering these factors, the rapid sell-off of RLX Technology's stock at the opening might have been influenced by the negative news regarding the decline in net profit of related companies and the overall industry performance. Additionally, the capital flow data suggests a mixed sentiment among investors.

      Please note that the movement of stock prices is influenced by various factors, and it is essential to conduct thorough research and analysis before making any investment decisions.

      【Source】:

      Fog Core Technology achieved a net profit of 75.42 million US dollars in fiscal year 2023, a year-on-year decrease of 64.76%  

      Fog Core Technology's revenue in the fourth quarter of last year was 520 million yuan, and its stock price rose sharply before actively exploring overseas business  

      Fog Core Technology: The net profit in the fourth quarter of 2023 was 216 million yuan, turning losses into profits year-on-year  

      Illustration of Wuxin Annual Report of Yueke Parent Company: Revenue is nearly 1.6 billion, down 70% year-on-year, and net profit is down 62%  

      Fog Core Technology (RLX.US) Q4 turned losses into profits and its revenue increased by 53% year-on-year  

      【Capital Flow Data】:

      Big Inflow: 4.92M  

      Median Inflow: 1.40M  

      Small Inflow: 4.89M  

      Big Outflow: 3.11M  

      Median Outflow: 1.63M  

      Small Outflow: 5.13M  

      【Disclaimer】: The movement of stock prices is influenced by various factors, and the information provided here is for reference purposes only. It is important to conduct thorough research and analysis before making any investment decisions.

      03-16
      Reply
      Report