RLX TECH. SP.ADR/1 CL.A (3CM) — Cash Flow Quality Index
RLX TECH. SP.ADR/1 CL.A (3CM) has a Cash Flow Quality Index of 1.11x as of December 2025. Operating cash flow of €310.22 Million exceeds net income of €279.55 Million, indicating high earnings quality where cash backs reported profits. Explore 3CM debt coverage from operations to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
RLX TECH. SP.ADR/1 CL.A Cash Flow Quality Index (2021–2025)
Historical Cash Flow Quality Index for RLX TECH. SP.ADR/1 CL.A across 5 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see 3CM cash flow conversion.
Annual Cash Flow Quality Index for RLX TECH. SP.ADR/1 CL.A (2021–2025)
Year-by-year earnings quality comparison for RLX TECH. SP.ADR/1 CL.A.
| Year | Quality Index | Operating CF (EUR) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.20x | €1.10 Billion | €921.87 Million | ▼ -22.6% |
| 2024 | 1.55x | €854.35 Million | €551.84 Million | ▲ +316.3% |
| 2023 | 0.37x | €198.70 Million | €534.33 Million | ▲ +10.1% |
| 2022 | 0.34x | €486.83 Million | €1.44 Billion | ▼ -62.0% |
| 2021 | 0.89x | €1.80 Billion | €2.02 Billion | — |