According to Zhitong Finance APP, rlx technology (RLX.US) announced its Q3 2024 performance. The data shows that the company's net revenue in Q3 was 0.7563 billion yuan (RMB, same below), a 51.59% increase compared to 0.4989 billion yuan in the same period last year; net income was 0.1694 billion yuan, compared to 0.1766 billion yuan in the same period last year; basic and diluted earnings per ADS were 0.135 and 0.129 yuan, compared to 0.133 and 0.130 yuan in the same period last year.

Non-GAAP net income was 0.2619 billion yuan, compared to 0.2014 billion yuan in the same period last year, with basic and diluted earnings per ADS of 0.211 and 0.200 yuan.

Gross profit was 0.206 billion yuan, compared to 0.12 billion yuan in the same period last year, with a gross margin of 27.2%, compared to 24.1% in the same period last year.

Operating loss was 10.7 million yuan, compared to a loss of 34.3 million yuan in the same period last year.

As of September 30, 2024, the company had cash and cash equivalents, restricted cash, short-term bank deposits, short-term investments, long-term bank deposits, and long-term investment securities totaling 15.3617 billion yuan.

In addition, rlx technology announced the distribution of its second cash dividend since the company went public. The company stated that its board of directors approved, as of the close of business on December 6, 2024, Beijing/Hong Kong time and New York time, cash dividends of 0.01 USD per share of common stock or 0.01 USD per ADS for common stock and ADS holders, payable in USD.

After the financial report was released, as of the time of this article, rlx technology rose 3.68% in pre-market trading.