Rlx Technology Stock Piotroski F Score
| RLX Stock | USD 1.84 0.06 3.37% |
RLX | Piotroski F Score |
At this time, it appears that RLX Technology's Piotroski F Score is Healthy. Although some professional money managers and academia have recently criticized Piotroski F-Score model, we still consider it an effective method of predicting the state of the financial strength of any organization that is not predisposed to accounting gimmicks and manipulations. Using this score on the criteria to originate an efficient long-term portfolio can help investors filter out the purely speculative stocks or equities playing fundamental games by manipulating their earnings..
6.0
Piotroski F Score - Healthy
| Current Return On Assets | Positive |
| Change in Return on Assets | Decreased |
| Cash Flow Return on Assets | Positive |
| Current Quality of Earnings (accrual) | Decreasing |
| Asset Turnover Growth | Decrease |
| Current Ratio Change | Increase |
| Long Term Debt Over Assets Change | N/A |
| Change In Outstending Shares | Decrease |
| Change in Gross Margin | Increase |
RLX Technology Piotroski F Score Drivers
The critical factor to consider when applying the Piotroski F Score to RLX Technology is to make sure RLX is not a subject of accounting manipulations and runs a healthy internal audit department. So, if RLX Technology's auditors report directly to the board (not management), the managers will be reluctant to manipulate simply due to the fear of punishment. On the other hand, the auditors will be free to investigate the ledgers properly because they know that the board has their back. Below are the main accounts that are used in the Piotroski F Score model. By analyzing the historical trends of the mains drivers, investors can determine if RLX Technology's financial numbers are properly reported.
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
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| Asset Turnover | 0.0724 | 0.0763 |
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| Gross Profit Margin | 0.44 | 0.3117 |
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| Total Current Liabilities | 635.2 M | 668.7 M |
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| Non Current Liabilities Total | 45.6 M | 48 M |
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| Total Assets | 10 B | 16.3 B |
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| Total Current Assets | 7.2 B | 9 B |
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RLX Technology F Score Driver Matrix
One of the toughest challenges investors face today is learning how to quickly synthesize historical financial statements and information provided by the company, SEC reporting, and various external parties in order to project the various growth rates. Understanding the correlation between RLX Technology's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards RLX Technology in a much-optimized way.
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About RLX Technology Piotroski F Score
F-Score is one of many stock grading techniques developed by Joseph Piotroski, a professor of accounting at the Stanford University Graduate School of Business. It was published in 2002 under the paper titled Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers. Piotroski F Score is based on binary analysis strategy in which stocks are given one point for passing 9 very simple fundamental tests, and zero point otherwise. According to Mr. Piotroski's analysis, his F-Score binary model can help to predict the performance of low price-to-book stocks.Common Stock Shares Outstanding |
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RLX Technology Current Valuation Drivers
We derive many important indicators used in calculating different scores of RLX Technology from analyzing RLX Technology's financial statements. These drivers represent accounts that assess RLX Technology's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of RLX Technology's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 319.0B | 299.1B | 34.8B | 20.9B | 19.0B | 18.1B | |
| Enterprise Value | 319.0B | 298.1B | 29.8B | 19.8B | 16.6B | 15.8B |
About RLX Technology Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze RLX Technology's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of RLX Technology using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of RLX Technology based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Currently Active Assets on Macroaxis
When determining whether RLX Technology offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of RLX Technology's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Rlx Technology Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Rlx Technology Stock:Check out RLX Technology Altman Z Score, RLX Technology Correlation, RLX Technology Valuation, as well as analyze RLX Technology Alpha and Beta and RLX Technology Hype Analysis. For more information on how to buy RLX Stock please use our How to Invest in RLX Technology guide.You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Complementary Tools for RLX Stock analysis
When running RLX Technology's price analysis, check to measure RLX Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy RLX Technology is operating at the current time. Most of RLX Technology's value examination focuses on studying past and present price action to predict the probability of RLX Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move RLX Technology's price. Additionally, you may evaluate how the addition of RLX Technology to your portfolios can decrease your overall portfolio volatility.
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Is RLX Technology's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of RLX Technology. If investors know RLX will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about RLX Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.67) | Dividend Share 0.071 | Earnings Share 0.06 | Revenue Per Share 0.949 | Quarterly Revenue Growth 0.815 |
The market value of RLX Technology is measured differently than its book value, which is the value of RLX that is recorded on the company's balance sheet. Investors also form their own opinion of RLX Technology's value that differs from its market value or its book value, called intrinsic value, which is RLX Technology's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because RLX Technology's market value can be influenced by many factors that don't directly affect RLX Technology's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between RLX Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if RLX Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RLX Technology's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.