RLX TECH. SP.ADR/1 CL.A (3CM) — Net Asset Quality Index
RLX TECH. SP.ADR/1 CL.A (3CM) has a Net Asset Quality Index of 87.7% as of December 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of €17.93 Billion minus total liabilities of €2.20 Billion yields net assets of €15.73 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Read 3CM current and long-term liabilities for a breakdown of total debt and financial obligations.
Quality Index
Net Assets
Total Assets
Total Liabilities
RLX TECH. SP.ADR/1 CL.A Net Asset Quality Index Over Time (2021–2025)
This chart shows how RLX TECH. SP.ADR/1 CL.A's Net Asset Quality Index has evolved across 5 annual periods from 2021 to 2025. As of December 2025, the index stands at 87.7%, representing net assets of €15.73 Billion against total assets of €17.93 Billion EUR. For live market cap and overall valuation, see RLX TECH. SP.ADR/1 CL.A (3CM) total market value.
Annual Net Asset Quality Index for RLX TECH. SP.ADR/1 CL.A (2021–2025)
The table below presents the year-by-year Net Asset Quality Index for RLX TECH. SP.ADR/1 CL.A from 2021 to 2025, covering 5 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. Check asset allocation strategy of RLX TECH. SP.ADR/1 CL.A to assess the company's strategic physical and investment asset allocation.
| Year | Quality Index | Net Assets (EUR) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 87.7% | €15.73 Billion | €17.93 Billion | €2.20 Billion | ▼ -7.0 pp |
| 2024 | 94.8% | €15.99 Billion | €16.87 Billion | €881.10 Million | ▼ -0.8 pp |
| 2023 | 95.6% | €15.60 Billion | €16.32 Billion | €716.68 Million | ▲ +0.7 pp |
| 2022 | 94.9% | €15.54 Billion | €16.38 Billion | €838.45 Million | ▲ +12.3 pp |
| 2021 | 82.6% | €13.52 Billion | €16.37 Billion | €2.85 Billion | — |