RLX TECH. SP.ADR/1 CL.A (3CM) — Capital Reinvestment Ratio
RLX TECH. SP.ADR/1 CL.A (3CM) has a Capital Reinvestment Ratio of 0.11x as of December 2025, meaning it reinvests 0% of its operating cash flow (€1.10 Billion) in capital expenditures (€118.72 Million). Check 3CM tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
RLX TECH. SP.ADR/1 CL.A Capital Reinvestment Ratio (2021–2025)
This chart tracks RLX TECH. SP.ADR/1 CL.A's Capital Reinvestment Ratio across 5 annual periods. For the full cash flow conversion analysis, see cash efficiency ratio of RLX TECH. SP.ADR/1 CL.A.
Annual Capital Reinvestment Ratio for RLX TECH. SP.ADR/1 CL.A (2021–2025)
Year-by-year Capital Reinvestment Ratio for RLX TECH. SP.ADR/1 CL.A from 2021 to 2025. See 3CM free cash flow to operating cash ratio to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (EUR) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.11x | €1.10 Billion | €118.72 Million | ▲ +648.8% |
| 2024 | 0.01x | €854.35 Million | €12.26 Million | ▼ -91.2% |
| 2023 | 0.16x | €198.70 Million | €32.41 Million | ▲ +78.2% |
| 2022 | 0.09x | €486.83 Million | €44.57 Million | ▲ +18.7% |
| 2021 | 0.08x | €1.80 Billion | €138.84 Million | — |