RLX TECH. SP.ADR/1 CL.A (3CM) - Total Assets
Based on the latest financial reports, RLX TECH. SP.ADR/1 CL.A (3CM) holds total assets worth €17.93 Billion EUR (≈ $20.96 Billion USD) as of December 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Explore 3CM long-term investment intensity to see how much of total assets are deployed in long-term investments.
RLX TECH. SP.ADR/1 CL.A - Total Assets Trend (2021–2025)
This chart illustrates how RLX TECH. SP.ADR/1 CL.A's total assets have evolved over time, based on quarterly financial data. Check 3CM financial resilience to evaluate the company's liquid asset resilience ratio.
RLX TECH. SP.ADR/1 CL.A - Asset Composition Analysis
Current Asset Composition (December 2025)
RLX TECH. SP.ADR/1 CL.A's total assets of €17.93 Billion consist of 62.5% current assets and 37.5% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 29.9% |
| Accounts Receivable | €194.52 Million | 1.1% |
| Inventory | €297.68 Million | 1.7% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €213.14 Million | 1.2% |
| Goodwill | €567.18 Million | 3.2% |
Asset Composition Trend (2021–2025)
This chart illustrates how RLX TECH. SP.ADR/1 CL.A's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see 3CM market cap overview.
Key Asset Composition Facts
- Current vs. Non-Current Assets: RLX TECH. SP.ADR/1 CL.A's current assets represent 62.5% of total assets in 2025, a decrease from 85.3% in 2021.
- Cash Position: Cash and equivalents constituted 29.9% of total assets in 2025, down from 31.8% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 4.0% of total assets, an increase from 0.0% in 2021.
- Asset Diversification: The largest asset category is goodwill at 3.2% of total assets.
RLX TECH. SP.ADR/1 CL.A Competitors by Total Assets
Key competitors of RLX TECH. SP.ADR/1 CL.A based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Kaival Brands Innovations Group Inc
NASDAQ:KAVL
|
USA | $931.43K |
|
Philip Morris CR A.S.
PR:TABAK
|
Czech Republic | Kč18.50 Billion |
|
Scandinavian Tobacco Group A/S
CO:STG
|
Denmark | Dkr16.36 Billion |
|
IMPERIAL BRANDS PLC ADR/1
F:ITBA
|
Germany | €28.71 Billion |
|
Karelia Tobacco Company Inc
AT:KARE
|
Greece | €968.15 Million |
|
ITC Limited
NSE:ITC
|
India | Rs908.03 Billion |
|
VST Industries Limited
NSE:VSTIND
|
India | Rs18.86 Billion |
|
Golden Tobacco Limited
NSE:GOLDENTOBC
|
India | Rs1.49 Billion |
RLX TECH. SP.ADR/1 CL.A - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 5.70 | 10.84 | 12.42 |
| Quick Ratio | 5.55 | 10.68 | 12.31 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €9.24 Billion | €8.44 Billion | €8.16 Billion |
RLX TECH. SP.ADR/1 CL.A - Advanced Valuation Insights
This section examines the relationship between RLX TECH. SP.ADR/1 CL.A's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.10 |
| Latest Market Cap to Assets Ratio | 0.11 |
| Asset Growth Rate (YoY) | 6.3% |
| Total Assets | €17.93 Billion |
| Market Capitalization | $1.99 Billion USD |
Valuation Analysis
Below Book Valuation: The market values RLX TECH. SP.ADR/1 CL.A's assets below their book value (0.11x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: RLX TECH. SP.ADR/1 CL.A's assets grew by 6.3% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for RLX TECH. SP.ADR/1 CL.A (2021–2025)
The table below shows the annual total assets of RLX TECH. SP.ADR/1 CL.A from 2021 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | €17.93 Billion ≈ $20.96 Billion |
+6.27% |
| 2024-12-31 | €16.87 Billion ≈ $19.72 Billion |
+3.41% |
| 2023-12-31 | €16.32 Billion ≈ $19.07 Billion |
-0.39% |
| 2022-12-31 | €16.38 Billion ≈ $19.15 Billion |
+0.08% |
| 2021-12-31 | €16.37 Billion ≈ $19.13 Billion |
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About RLX TECH. SP.ADR/1 CL.A
RLX Technology Inc., through its subsidiaries, develops, manufactures, and sells e-vapor products in the People's Republic of China and internationally. It serves the product through offline distributors. The company was founded in 2018 and is headquartered in Shenzhen, the People's Republic of China.