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{"i18n":{"language":"zh_CN"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":601202415,"tweetId":"601202415","gmtCreate":1638530014553,"gmtModify":1638530014675,"author":{"id":3572529600057361,"idStr":"3572529600057361","authorId":3572529600057361,"authorIdStr":"3572529600057361","name":"Ygh","avatar":"https://static.tigerbbs.com/09f51a5273fd07aa4765ea2a333521d1","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":22,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"extraTitle":"","html":"<html><head></head><body>Hi</body></html>","htmlText":"<html><head></head><body>Hi</body></html>","text":"Hi","highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"favoriteSize":0,"link":"https://laohu8.com/post/601202415","repostId":1118864312,"repostType":4,"repost":{"id":"1118864312","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1638529375,"share":"https://www.laohu8.com/m/news/1118864312?lang=&edition=full","pubTime":"2021-12-03 19:02","market":"us","language":"en","title":"RLX Technology Q3 net revenues decreased by 34%","url":"https://stock-news.laohu8.com/highlight/detail?id=1118864312","media":"Tiger Newspress","summary":"RLX Technology stock tumbled 10% in premarket trading after reporting quarterly results.\n\nRLX Techno","content":"RLX Technology stock tumbled 10% in premarket trading after reporting quarterly results.\n<img src=\"https://static.tigerbbs.com/e8acbbffd3f14c3429c67447451525f1\" tg-width=\"850\" tg-height=\"618\" referrerpolicy=\"no-referrer\">\nRLX Technology Inc., a&nbsp;branded e-vapor company in&nbsp;China, today announced its unaudited financial results for the third quarter ended&nbsp;September 30, 2021.\nThird Quarter 2021 Financial Highlights\n<ul>\n <li>Net revenueswereRMB1,676.7 million(US$260.2 million), representing a decrease of 34.0% fromRMB2,541.4 millionin the second quarter of 2021.</li>\n <li>Gross marginwas 39.1%, compared to 45.1% in the second quarter of 2021.</li>\n <li>U.S. GAAP&nbsp;netincomewasRMB976.4 million(US$151.5 million), compared withRMB824.3 millionin the second quarter of 2021.</li>\n <li>Non-GAAP net income[1]wasRMB452.7 million(US$70.3 million), compared withRMB651.8 millionin the second quarter of 2021.</li>\n</ul>\nThird Quarter 2021 Unaudited Financial Results\nNet revenues&nbsp;decreased by 34.0% toRMB1,676.7 million(US$260.2 million) in the third quarter of 2021 fromRMB2,541.4 millionin the second quarter of 2021. The decrease was as a result of volatile market conditions, including (i) the negative publicity on the e-vapor industry since the latter half of the&nbsp;second&nbsp;quarter, (ii) the fact that the draft new rules announced onMarch 22, 2021had not been formally confirmed in this quarter, and (iii) evolving COVID-19&nbsp;restrictions in response to outbreaks inChina, which had an adverse impact on our sales&nbsp;and channel inventory management.\nGross profit&nbsp;decreased by 42.8% to&nbsp;RMB656.0 million (US$101.8 million) in the third quarter of 2021 fromRMB1,146.5 millionin the second quarter of 2021.\nGross margin&nbsp;was 39.1% in the third quarter of 2021, compared to 45.1% in the second quarter of 2021. The decrease was primarily due to (i) an increase in direct cost related to promotional activities and (ii) an increase in inventory provision.\nOperating expenses&nbsp;were positiveRMB241.3 million(US$37.5 million) in the third quarter of 2021, representing a decrease of 244.4% fromRMB167.2 millionin the second quarter of 2021. The significant decrease in operating expenses was primarily due to the recognition of share-based compensation expenses of positiveRMB523.7 million(US$81.3 million), consisting of (i) share-based compensation expenses of positiveRMB90.8 million(US$14.1 million) recognized in selling expenses, (ii) share-based compensation expenses of positiveRMB320.1 million(US$49.7 million) recognized in general and administrative expenses, and (iii) share-based compensation expenses of positiveRMB112.8 million(US$17.5 million) recognized in research and development expenses. The significant fluctuations in share-based compensation expenses were primarily due to the changes in the fair value of the share incentive awards that the Company granted to its employees as affected by the significant fluctuations of the share price of the Company.\nSelling expenses&nbsp;decreased by 55.1% to&nbsp;RMB56.5 million (US$8.8 million) in the third quarter of 2021 fromRMB126.0 millionin the second quarter of 2021. The decrease was mainly driven by the (i) fluctuation of share-based compensation expenses and (ii) a decrease in salaries and welfare benefits, partially offset by an increase in branding material expenses.\nGeneral and administrative expenses&nbsp;decreased by 649.8% to positiveRMB253.2 million(US$39.3 million) in the third quarter of 2021 fromRMB46.1 millionin the second quarter of 2021. The decrease was mainly driven by&nbsp;the (i) fluctuation of the share-based compensation expenses and (ii) a decrease in salaries and welfare benefits.\nResearch and development expensesdecreased by 808.3% to&nbsp;positiveRMB44.6 million(US$6.9 million) in the third quarter of 2021 from positiveRMB4.9 millionin the second quarter of 2021. The decrease was mainly driven by the (i) fluctuation of the share-based compensation expenses and (ii) a decrease in salaries and welfare benefits, partially offset by (i) an increase in software and technical expenses and (ii) an increase in consulting expenses.\nIncome from operations&nbsp;wasRMB897.3&nbsp;million (US$139.3&nbsp;million) in the third quarter of 2021, compared withRMB979.3&nbsp;&nbsp;million in the second quarter of 2021.\nIncome tax expense&nbsp;wasRMB121.4&nbsp;million (US$18.8&nbsp;million) in the third quarter of 2021, compared withRMB204.2&nbsp;million in the second quarter of 2021. The decrease was primarily due to a decrease&nbsp;in taxable income.\nU.S. GAAPnet income&nbsp;wasRMB976.4&nbsp;million (US$151.5 million) in the third&nbsp;quarter of 2021, compared withRMB824.3&nbsp;million in the second quarter of 2021.\nNon-GAAP&nbsp;net incomewasRMB452.7 million(US$70.3&nbsp;million) in the third&nbsp;quarter of 2021, representing a decrease of 30.5% fromRMB651.8 millionin the second quarter of 2021.\nU.S. GAAP basic and diluted net income per American depositary share (\"ADS\")&nbsp;wereRMB0.724(US$0.112)&nbsp;andRMB0.717(US$0.111), respectively, in the third quarter of 2021, compared to U.S. GAAP basic and diluted net income per ADS ofRMB0.595andRMB0.591, respectively, in the second quarter of 2021.\nNon-GAAP basic and diluted netincome&nbsp;per ADS[2]wereRMB0.334(US$0.052)&nbsp;andRMB0.332(US$0.051), respectively, in the third quarter of 2021, compared to non-GAAP basic and diluted net income per ADS ofRMB0.470andRMB0.467, respectively, in the second quarter of 2021.","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>RLX Technology Q3 net revenues decreased by 34%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRLX Technology Q3 net revenues decreased by 34%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\nTiger Newspress \n2021-12-03 19:02\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\nRLX Technology stock tumbled 10% in premarket trading after reporting quarterly results.\n<img src=\"https://static.tigerbbs.com/e8acbbffd3f14c3429c67447451525f1\" tg-width=\"850\" tg-height=\"618\" referrerpolicy=\"no-referrer\">\nRLX Technology Inc., a&nbsp;branded e-vapor company in&nbsp;China, today announced its unaudited financial results for the third quarter ended&nbsp;September 30, 2021.\nThird Quarter 2021 Financial Highlights\n<ul>\n <li>Net revenueswereRMB1,676.7 million(US$260.2 million), representing a decrease of 34.0% fromRMB2,541.4 millionin the second quarter of 2021.</li>\n <li>Gross marginwas 39.1%, compared to 45.1% in the second quarter of 2021.</li>\n <li>U.S. GAAP&nbsp;netincomewasRMB976.4 million(US$151.5 million), compared withRMB824.3 millionin the second quarter of 2021.</li>\n <li>Non-GAAP net income[1]wasRMB452.7 million(US$70.3 million), compared withRMB651.8 millionin the second quarter of 2021.</li>\n</ul>\nThird Quarter 2021 Unaudited Financial Results\nNet revenues&nbsp;decreased by 34.0% toRMB1,676.7 million(US$260.2 million) in the third quarter of 2021 fromRMB2,541.4 millionin the second quarter of 2021. The decrease was as a result of volatile market conditions, including (i) the negative publicity on the e-vapor industry since the latter half of the&nbsp;second&nbsp;quarter, (ii) the fact that the draft new rules announced onMarch 22, 2021had not been formally confirmed in this quarter, and (iii) evolving COVID-19&nbsp;restrictions in response to outbreaks inChina, which had an adverse impact on our sales&nbsp;and channel inventory management.\nGross profit&nbsp;decreased by 42.8% to&nbsp;RMB656.0 million (US$101.8 million) in the third quarter of 2021 fromRMB1,146.5 millionin the second quarter of 2021.\nGross margin&nbsp;was 39.1% in the third quarter of 2021, compared to 45.1% in the second quarter of 2021. The decrease was primarily due to (i) an increase in direct cost related to promotional activities and (ii) an increase in inventory provision.\nOperating expenses&nbsp;were positiveRMB241.3 million(US$37.5 million) in the third quarter of 2021, representing a decrease of 244.4% fromRMB167.2 millionin the second quarter of 2021. The significant decrease in operating expenses was primarily due to the recognition of share-based compensation expenses of positiveRMB523.7 million(US$81.3 million), consisting of (i) share-based compensation expenses of positiveRMB90.8 million(US$14.1 million) recognized in selling expenses, (ii) share-based compensation expenses of positiveRMB320.1 million(US$49.7 million) recognized in general and administrative expenses, and (iii) share-based compensation expenses of positiveRMB112.8 million(US$17.5 million) recognized in research and development expenses. The significant fluctuations in share-based compensation expenses were primarily due to the changes in the fair value of the share incentive awards that the Company granted to its employees as affected by the significant fluctuations of the share price of the Company.\nSelling expenses&nbsp;decreased by 55.1% to&nbsp;RMB56.5 million (US$8.8 million) in the third quarter of 2021 fromRMB126.0 millionin the second quarter of 2021. The decrease was mainly driven by the (i) fluctuation of share-based compensation expenses and (ii) a decrease in salaries and welfare benefits, partially offset by an increase in branding material expenses.\nGeneral and administrative expenses&nbsp;decreased by 649.8% to positiveRMB253.2 million(US$39.3 million) in the third quarter of 2021 fromRMB46.1 millionin the second quarter of 2021. The decrease was mainly driven by&nbsp;the (i) fluctuation of the share-based compensation expenses and (ii) a decrease in salaries and welfare benefits.\nResearch and development expensesdecreased by 808.3% to&nbsp;positiveRMB44.6 million(US$6.9 million) in the third quarter of 2021 from positiveRMB4.9 millionin the second quarter of 2021. The decrease was mainly driven by the (i) fluctuation of the share-based compensation expenses and (ii) a decrease in salaries and welfare benefits, partially offset by (i) an increase in software and technical expenses and (ii) an increase in consulting expenses.\nIncome from operations&nbsp;wasRMB897.3&nbsp;million (US$139.3&nbsp;million) in the third quarter of 2021, compared withRMB979.3&nbsp;&nbsp;million in the second quarter of 2021.\nIncome tax expense&nbsp;wasRMB121.4&nbsp;million (US$18.8&nbsp;million) in the third quarter of 2021, compared withRMB204.2&nbsp;million in the second quarter of 2021. The decrease was primarily due to a decrease&nbsp;in taxable income.\nU.S. GAAPnet income&nbsp;wasRMB976.4&nbsp;million (US$151.5 million) in the third&nbsp;quarter of 2021, compared withRMB824.3&nbsp;million in the second quarter of 2021.\nNon-GAAP&nbsp;net incomewasRMB452.7 million(US$70.3&nbsp;million) in the third&nbsp;quarter of 2021, representing a decrease of 30.5% fromRMB651.8 millionin the second quarter of 2021.\nU.S. GAAP basic and diluted net income per American depositary share (\"ADS\")&nbsp;wereRMB0.724(US$0.112)&nbsp;andRMB0.717(US$0.111), respectively, in the third quarter of 2021, compared to U.S. GAAP basic and diluted net income per ADS ofRMB0.595andRMB0.591, respectively, in the second quarter of 2021.\nNon-GAAP basic and diluted netincome&nbsp;per ADS[2]wereRMB0.334(US$0.052)&nbsp;andRMB0.332(US$0.051), respectively, in the third quarter of 2021, compared to non-GAAP basic and diluted net income per ADS ofRMB0.470andRMB0.467, respectively, in the second quarter of 2021.\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RLX":"雾芯科技"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1118864312","content_text":"RLX Technology stock tumbled 10% in premarket trading after reporting quarterly results.\n\nRLX Technology Inc., a branded e-vapor company in China, today announced its unaudited financial results for the third quarter ended September 30, 2021.\nThird Quarter 2021 Financial Highlights\n\nNet revenueswereRMB1,676.7 million(US$260.2 million), representing a decrease of 34.0% fromRMB2,541.4 millionin the second quarter of 2021.\nGross marginwas 39.1%, compared to 45.1% in the second quarter of 2021.\nU.S. GAAP netincomewasRMB976.4 million(US$151.5 million), compared withRMB824.3 millionin the second quarter of 2021.\nNon-GAAP net income[1]wasRMB452.7 million(US$70.3 million), compared withRMB651.8 millionin the second quarter of 2021.\n\nThird Quarter 2021 Unaudited Financial Results\nNet revenues decreased by 34.0% toRMB1,676.7 million(US$260.2 million) in the third quarter of 2021 fromRMB2,541.4 millionin the second quarter of 2021. The decrease was as a result of volatile market conditions, including (i) the negative publicity on the e-vapor industry since the latter half of the second quarter, (ii) the fact that the draft new rules announced onMarch 22, 2021had not been formally confirmed in this quarter, and (iii) evolving COVID-19 restrictions in response to outbreaks inChina, which had an adverse impact on our sales and channel inventory management.\nGross profit decreased by 42.8% to RMB656.0 million (US$101.8 million) in the third quarter of 2021 fromRMB1,146.5 millionin the second quarter of 2021.\nGross margin was 39.1% in the third quarter of 2021, compared to 45.1% in the second quarter of 2021. The decrease was primarily due to (i) an increase in direct cost related to promotional activities and (ii) an increase in inventory provision.\nOperating expenses were positiveRMB241.3 million(US$37.5 million) in the third quarter of 2021, representing a decrease of 244.4% fromRMB167.2 millionin the second quarter of 2021. The significant decrease in operating expenses was primarily due to the recognition of share-based compensation expenses of positiveRMB523.7 million(US$81.3 million), consisting of (i) share-based compensation expenses of positiveRMB90.8 million(US$14.1 million) recognized in selling expenses, (ii) share-based compensation expenses of positiveRMB320.1 million(US$49.7 million) recognized in general and administrative expenses, and (iii) share-based compensation expenses of positiveRMB112.8 million(US$17.5 million) recognized in research and development expenses. The significant fluctuations in share-based compensation expenses were primarily due to the changes in the fair value of the share incentive awards that the Company granted to its employees as affected by the significant fluctuations of the share price of the Company.\nSelling expenses decreased by 55.1% to RMB56.5 million (US$8.8 million) in the third quarter of 2021 fromRMB126.0 millionin the second quarter of 2021. The decrease was mainly driven by the (i) fluctuation of share-based compensation expenses and (ii) a decrease in salaries and welfare benefits, partially offset by an increase in branding material expenses.\nGeneral and administrative expenses decreased by 649.8% to positiveRMB253.2 million(US$39.3 million) in the third quarter of 2021 fromRMB46.1 millionin the second quarter of 2021. The decrease was mainly driven by the (i) fluctuation of the share-based compensation expenses and (ii) a decrease in salaries and welfare benefits.\nResearch and development expensesdecreased by 808.3% to positiveRMB44.6 million(US$6.9 million) in the third quarter of 2021 from positiveRMB4.9 millionin the second quarter of 2021. The decrease was mainly driven by the (i) fluctuation of the share-based compensation expenses and (ii) a decrease in salaries and welfare benefits, partially offset by (i) an increase in software and technical expenses and (ii) an increase in consulting expenses.\nIncome from operations wasRMB897.3 million (US$139.3 million) in the third quarter of 2021, compared withRMB979.3  million in the second quarter of 2021.\nIncome tax expense wasRMB121.4 million (US$18.8 million) in the third quarter of 2021, compared withRMB204.2 million in the second quarter of 2021. The decrease was primarily due to a decrease in taxable income.\nU.S. GAAPnet income wasRMB976.4 million (US$151.5 million) in the third quarter of 2021, compared withRMB824.3 million in the second quarter of 2021.\nNon-GAAP net incomewasRMB452.7 million(US$70.3 million) in the third quarter of 2021, representing a decrease of 30.5% fromRMB651.8 millionin the second quarter of 2021.\nU.S. GAAP basic and diluted net income per American depositary share (\"ADS\") wereRMB0.724(US$0.112) andRMB0.717(US$0.111), respectively, in the third quarter of 2021, compared to U.S. GAAP basic and diluted net income per ADS ofRMB0.595andRMB0.591, respectively, in the second quarter of 2021.\nNon-GAAP basic and diluted netincome per ADS[2]wereRMB0.334(US$0.052) andRMB0.332(US$0.051), respectively, in the third quarter of 2021, compared to non-GAAP basic and diluted net income per ADS ofRMB0.470andRMB0.467, respectively, in the second quarter of 2021.","news_type":1},"isVote":1,"tweetType":1,"viewCount":370,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":2,"xxTargetLangEnum":"ZH_CN"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/601202415"}