RLX Technology Inc Tangible Net Worth Ratio

Latest as of March 2026: 98.8%

RLX Technology Inc tangible net worth ratio. RLX Technology Inc (RLX) has a Tangible Net Worth Ratio of 98.8% as of March 2026. This metric is calculated by deducting intangible assets ($194.10 Million) from net assets ($15.93 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore RLX Technology Inc net asset momentum to track the company's year-over-year net asset growth rate.

Tangible NW Ratio

98.8%
Tangible equity / total equity

Net Assets (Equity)

$15.93 Billion
USD

Intangible Assets

$194.10 Million
Goodwill, patents, brand value

Total Assets

$17.49 Billion
USD

Tangible Net Worth Ratio of RLX Technology Inc (2018–2025)

Tangible net worth ratio of RLX Technology Inc from 2018 to 2025. This chart shows how RLX Technology Inc's Tangible Net Worth Ratio has changed across 8 annual periods from 2018 to 2025. As of March 2026, the ratio stands at 98.8%, reflecting net assets of $15.93 Billion with intangible assets of $194.10 Million USD. Check RLX Technology Inc (RLX) strategic asset index to assess the company's strategic physical and investment asset allocation.

RLX Technology Inc Tangible Net Worth Ratio by Year (2018–2025)

RLX Technology Inc tangible net worth ratio by year from 2018 to 2025. The table below presents the year-by-year Tangible Net Worth Ratio for RLX Technology Inc from 2018 to 2025, covering 8 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For live market cap and overall valuation, see market cap of RLX Technology Inc.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2025 98.6% $15.74 Billion $213.28 Million $17.94 Billion ▼ -1.0 pp
2024 99.7% $15.99 Billion $52.80 Million $16.87 Billion ▲ +0.1 pp
2023 99.6% $15.60 Billion $69.78 Million $16.32 Billion ▼ -0.4 pp
2022 100.0% $15.54 Billion $4.72 Million $16.38 Billion ▲ +0.0 pp
2021 99.9% $13.52 Billion $8.37 Million $16.37 Billion ▲ +0.3 pp
2020 99.6% $230.68 Million $824.64K $620.80 Million ▲ +4.7 pp
2019 94.9% $106.28 Million $5.40 Million $1.44 Billion ▼ -5.1 pp
2018 100.0% $6.62 Million $0.00 $105.74 Million —
pp = percentage points