WallStSmart

RLX Technology Inc (RLX)vsWalmart Inc. (WMT)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Walmart Inc. generates 16465% more annual revenue ($725.30B vs $4.38B). RLX leads profitability with a 22.5% profit margin vs 3.1%. RLX trades at a lower P/E of 18.7x. RLX earns a higher WallStSmart Score of 68/100 (B-).

RLX

Strong Buy

68

out of 100

Grade: B-

Growth: 6.7Profit: 6.0Value: 5.3Quality: 9.0
Piotroski: 5/9Altman Z: 5.62

WMT

Hold

49

out of 100

Grade: D+

Growth: 6.7Profit: 5.5Value: 3.7Quality: 6.0
Piotroski: 4/9Altman Z: 3.66

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

RLX6 strengths · Avg: 9.5/10
Price/BookValuation
1.0x10/10

Reasonable price relative to book value

Revenue GrowthGrowth
107.4%10/10

Revenue surging 107.4% year-over-year

Debt/EquityHealth
0.0110/10

Conservative balance sheet, low leverage

Altman Z-ScoreHealth
5.6210/10

Safe zone — low bankruptcy risk

Profit MarginProfitability
22.5%9/10

Keeps 23 of every $100 in revenue as profit

EPS GrowthGrowth
27.1%8/10

Earnings expanding 27.1% YoY

WMT3 strengths · Avg: 9.7/10
Market CapQuality
$870.06B10/10

Mega-cap, among the largest globally

Altman Z-ScoreHealth
3.6610/10

Safe zone — low bankruptcy risk

Return on EquityProfitability
24.1%9/10

Every $100 of equity generates 24 in profit

Areas to Watch

RLX2 concerns · Avg: 2.5/10
Return on EquityProfitability
6.2%3/10

ROE of 6.2% — below average capital efficiency

Free Cash FlowQuality
$-187.56M2/10

Negative free cash flow — burning cash

WMT4 concerns · Avg: 3.5/10
P/E RatioValuation
38.9x4/10

Premium valuation, high expectations priced in

Price/BookValuation
9.5x4/10

Trading at 9.5x book value

Profit MarginProfitability
3.1%3/10

3.1% margin — thin

Operating MarginProfitability
4.2%3/10

Operating margin of 4.2%

Comparative Analysis Report

WallStSmart Research

Bull Case : RLX

The strongest argument for RLX centers on Price/Book, Revenue Growth, Debt/Equity. Profitability is solid with margins at 22.5% and operating margin at 16.7%. Revenue growth of 107.4% demonstrates continued momentum.

Bull Case : WMT

The strongest argument for WMT centers on Market Cap, Altman Z-Score, Return on Equity.

Bear Case : RLX

The primary concerns for RLX are Return on Equity, Free Cash Flow.

Bear Case : WMT

The primary concerns for WMT are P/E Ratio, Price/Book, Profit Margin. Thin 3.1% margins leave little buffer for downturns.

Key Dynamics to Monitor

RLX profiles as a growth stock while WMT is a value play — different risk/reward profiles.

RLX carries more volatility with a beta of 1.15 — expect wider price swings.

RLX is growing revenue faster at 107.4% — sustainability is the question.

RLX generates stronger free cash flow (-188M), providing more financial flexibility.

Bottom Line

RLX scores higher overall (68/100 vs 49/100), backed by strong 22.5% margins and 107.4% revenue growth. Both earn "Strong Buy" and "Hold" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

RLX Technology Inc

CONSUMER DEFENSIVE · TOBACCO · China

RLX Technology Inc., researches, develops, manufactures, distributes and sells e-vapor products in the People's Republic of China. The company is headquartered in Beijing, China.

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Walmart Inc.

CONSUMER DEFENSIVE · DISCOUNT STORES · USA

Walmart Inc. is an American multinational retail corporation that operates a chain of hypermarkets, discount department stores, and grocery stores from the United States, headquartered in Bentonville, Arkansas. It also owns and operates Sam's Club retail warehouses.

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