RLX Technology Inc (RLX) — Financial Flexibility Index

Latest as of March 2026: 0.03x

RLX Technology Inc (RLX) has a Financial Flexibility Index of 0.03x as of March 2026. Free cash flow of $49.88 Million (operating CF $-68.84 Million minus capex $118.72 Million) represents 0% of total liabilities ($1.56 Billion). Check RLX Technology Inc total reinvestment intensity to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

0.03x
Free Cash Flow / Total Liabilities

Free Cash Flow

$49.88 Million
Operating CF − Capex

Total Liabilities

$1.56 Billion
USD

Capital Expenditures

$118.72 Million
USD

RLX Technology Inc Financial Flexibility Index (2018–2025)

Historical Financial Flexibility Index trend for RLX Technology Inc across 8 annual periods. For the full cash flow conversion analysis, see RLX operating cash flow.

Annual Financial Flexibility Index for RLX Technology Inc (2018–2025)

Year-by-year free cash flow to debt coverage for RLX Technology Inc. Explore RLX Technology Inc debt service capacity to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2025 0.56x $1.22 Billion $1.10 Billion $2.20 Billion ▼ -43.5%
2024 0.98x $866.61 Million $854.35 Million $881.10 Million ▲ +205.0%
2023 0.32x $231.12 Million $198.70 Million $716.68 Million ▼ -48.5%
2022 0.63x $525.47 Million $486.83 Million $838.45 Million ▼ -8.0%
2021 0.68x $1.94 Billion $1.80 Billion $2.85 Billion ▼ -89.8%
2020 6.68x $2.61 Billion $2.59 Billion $390.11 Million ▲ +1976.5%
2019 0.32x $430.52 Million $338.12 Million $1.34 Billion ▲ +5599.2%
2018 -0.01x $-580.00K $-977.00K $99.11 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities