$RLX Technology(RLX)$Results is not that bad if you compare y-o-y. 

In addition, the company remains super cash rich. "As of September 30, 2021, the company had cash and cash equivalents, restricted cash, short-term bank deposits, short-term investments and long-term bank deposits of $2,284.6M, compared to RMB14,880.8M as of June 30, 2021."