RLX Technology Inc (RLX) — Net Asset Quality Index

Latest as of March 2026: 91.1%

RLX Technology Inc (RLX) has a Net Asset Quality Index of 91.1% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $17.49 Billion minus total liabilities of $1.56 Billion yields net assets of $15.93 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Read how much debt does RLX Technology Inc carry for a breakdown of total debt and financial obligations.

Quality Index

91.1%
Equity / Total Assets

Net Assets

$15.93 Billion
USD

Total Assets

$17.49 Billion
USD

Total Liabilities

$1.56 Billion
USD

RLX Technology Inc Net Asset Quality Index Over Time (2018–2025)

This chart shows how RLX Technology Inc's Net Asset Quality Index has evolved across 8 annual periods from 2018 to 2025. As of March 2026, the index stands at 91.1%, representing net assets of $15.93 Billion against total assets of $17.49 Billion USD. For live market cap and overall valuation, see RLX stock market capitalisation.

Annual Net Asset Quality Index for RLX Technology Inc (2018–2025)

The table below presents the year-by-year Net Asset Quality Index for RLX Technology Inc from 2018 to 2025, covering 8 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 RLX strategic asset allocation to assess the company's strategic physical and investment asset allocation.

Year Quality Index Net Assets (USD) Total Assets Total Liabilities Change (pp)
2025 87.7% $15.74 Billion $17.94 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 ▲ +45.4 pp
2020 37.2% $230.68 Million $620.80 Million $390.11 Million ▲ +29.8 pp
2019 7.4% $106.28 Million $1.44 Billion $1.34 Billion ▲ +1.1 pp
2018 6.3% $6.62 Million $105.74 Million $99.11 Million
pp = percentage points