RLX vs HSAI

Comparison between RLX Technology Inc (RLX, Company) and Hesai Group (HSAI, Company).

RLX is from the Consumer Defensive sector, while HSAI is from the Consumer Cyclical sector.

RLX vs HSAI - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	RLX(COMPANY)	HSAI(COMPANY)
Market Cap	$2.45B	$2.44B
Max Drawdown	96.80%	84.17%
Sharpe Ratio	-0.06	0.23
5Y Beta	0.28	1.77
Industry	Tobacco	Auto Parts
P/E Ratio	18.57	39.14
Forward P/E	6.66	27.93
PEG Ratio	0.25	0.62
Dividend Yield	5.00%	N/A
Debt to Equity	0.59%	4.41%
Free Cash Flow Yield	5.76%	-1.13%
P/S Ratio	0.56	0.87
P/B Ratio	1.04	2.09

Market Cap

Winner

RLX

$2.45B

HSAI

$2.44B

Max Drawdown

RLX

96.80%

Winner

HSAI

84.17%

Sharpe Ratio

RLX

-0.06

Winner

HSAI

0.23

5Y Beta

Winner

RLX

0.28

HSAI

1.77

Industry

RLX

Tobacco

HSAI

Auto Parts

P/E Ratio

Winner

RLX

18.57

HSAI

39.14

Forward P/E

Winner

RLX

6.66

HSAI

27.93

PEG Ratio

Winner

RLX

0.25

HSAI

0.62

Dividend Yield

RLX

5.00%

HSAI

N/A

Debt to Equity

Winner

RLX

0.59%

HSAI

4.41%

Free Cash Flow Yield

Winner

RLX

5.76%

HSAI

-1.13%

P/S Ratio

Winner

RLX

0.56

HSAI

0.87

P/B Ratio

Winner

RLX

1.04

HSAI

2.09

RLX vs HSAI - Historical Returns

Returns include dividend reinvestment.

Period	RLX	HSAI
1 month	-5.09%	-15.15%
3 months	-9.69%	-25.43%
6 months	-9.45%	-11.33%
1 year	-2.05%	-12.49%
5 years(CAGR)	-25.55%	N/A
Max(CAGR)	-38.43%	-4.34%

Winner

RLX

-5.09%

HSAI

-15.15%

Winner

RLX

-9.69%

HSAI

-25.43%

Winner

RLX

-9.45%

HSAI

-11.33%

Winner

RLX

-2.05%

HSAI

-12.49%

5Y(CAGR)

RLX

-25.55%

HSAI

N/A

Max(CAGR)

RLX

-38.43%

Winner

HSAI

-4.34%

RLX vs HSAI - Annual Returns (2021 - 2026)

Returns include dividend reinvestment.

Year	RLX	HSAI
2026	-7.89%	-24.63%
2025	+5.83%	+38.87%
2024	+11.37%	+68.95%
2023	-18.33%	-57.67%
2022	-43.07%	N/A
2021	-86.78%	N/A

RLX vs HSAI Drawdown Comparison

The maximum drawdown for RLX was -96.80%, occurring on Oct 7, 2022. This drawdown has not yet recovered.

The maximum drawdown for HSAI was -84.17%, occurring on Aug 9, 2024. Recovery took 519 trading sessions.

The current RLX drawdown is -92.66%. The current HSAI drawdown is -39.09%.

Rank	RLX	HSAI
#1	-96.80% Jan 22, 2021 - Oct 7, 2022	-84.17% Feb 13, 2023 - Mar 11, 2025
#2	N/A	-54.53% Mar 11, 2025 - Jul 15, 2025
#3	N/A	-49.56% Sep 15, 2025 - Nov 20, 2025
#4	N/A	-22.28% Jul 15, 2025 - Aug 15, 2025
#5	N/A	-13.37% Aug 18, 2025 - Aug 26, 2025
#6	N/A	-6.75% Aug 28, 2025 - Sep 8, 2025
#7	N/A	-3.65% Sep 9, 2025 - Sep 15, 2025
#8	N/A	-2.51% Aug 26, 2025 - Aug 28, 2025