RLX Technology Inc (RLX) - Total Assets
Based on the latest financial reports, RLX Technology Inc (RLX) holds total assets worth $17.49 Billion USD as of March 2026. 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.
RLX Technology Inc - Total Assets Trend (2018–2025)
This chart illustrates how RLX Technology Inc's total assets have evolved over time, based on quarterly financial data. Also see RLX market cap for the company's overall valuation and market capitalisation.
RLX Technology Inc - Asset Composition Analysis
Current Asset Composition (December 2025)
RLX Technology Inc's total assets of $17.49 Billion consist of 62.5% current assets and 37.5% non-current assets. Review RLX Technology Inc debt and liabilities to assess the company's total debt and financial obligations.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 30.9% |
| Accounts Receivable | $405.02 Million | 2.3% |
| Inventory | $297.87 Million | 1.7% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $213.28 Million | 1.2% |
| Goodwill | $567.54 Million | 3.2% |
Asset Composition Trend (2018–2025)
This chart illustrates how RLX Technology Inc'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. See RLX Technology Inc stock quote for real-time trading data and today's change.
Key Asset Composition Facts
- Current vs. Non-Current Assets: RLX Technology Inc's current assets represent 62.5% of total assets in 2025, a decrease from 98.7% in 2018.
- Cash Position: Cash and equivalents constituted 30.9% of total assets in 2025, down from 64.5% in 2018.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 4.0% of total assets, an increase from 0.0% in 2018.
- Asset Diversification: The largest asset category is goodwill at 3.2% of total assets.
RLX Technology Inc Competitors by Total Assets
Key competitors of RLX Technology Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
British American Tobacco PLC
LSE:BATS
|
UK | GBX108.39 Billion |
|
Kaival Brands Innovations Group Inc
NASDAQ:KAVL
|
USA | $931.43K |
|
Philip Morris CR A.S.
PR:TABAK
|
Czech Republic | Kč17.54 Billion |
|
Scandinavian Tobacco Group A/S
CO:STG
|
Denmark | Dkr16.39 Billion |
|
RLX TECH. SP.ADR/1 CL.A
F:3CM
|
Germany | €17.93 Billion |
|
Karelia Tobacco Company Inc
AT:KARE
|
Greece | €968.15 Million |
|
ITC Limited
NSE:ITC
|
India | Rs937.92 Billion |
|
VST Industries Limited
NSE:VSTIND
|
India | Rs20.16 Billion |
RLX Technology Inc - 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 | 8.53 | 10.97 | 4.06 |
| Quick Ratio | 8.26 | 10.83 | 3.86 |
| Cash Ratio | 0.00 | 5.75 | 12.80 |
| Working Capital | $10.16 Billion | $8.17 Billion | $1.56 Billion |
RLX Technology Inc - Advanced Valuation Insights
This section examines the relationship between RLX Technology Inc'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 | 1.04 |
| Latest Market Cap to Assets Ratio | 0.09 |
| Asset Growth Rate (YoY) | 6.3% |
| Total Assets | $17.94 Billion |
| Market Capitalization | $1.58 Billion USD |
Valuation Analysis
Below Book Valuation: The market values RLX Technology Inc's assets below their book value (0.09x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: RLX Technology Inc's assets grew by 6.3% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for RLX Technology Inc (2018–2025)
The table below shows the annual total assets of RLX Technology Inc from 2018 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | $17.94 Billion | +6.34% |
| 2024-12-31 | $16.87 Billion | +3.41% |
| 2023-12-31 | $16.32 Billion | -0.39% |
| 2022-12-31 | $16.38 Billion | +0.08% |
| 2021-12-31 | $16.37 Billion | +2536.15% |
| 2020-12-31 | $620.80 Million | -57.01% |
| 2019-12-31 | $1.44 Billion | +1265.75% |
| 2018-12-31 | $105.74 Million | -- |
About RLX Technology Inc
RLX Technology Inc., through its subsidiaries, develops, manufactures, and sells e-vapor products in the People's Republic of China and internationally. It offers rechargeable e-vapor products under the Qingyu, Phantom, Phantom Pro, Zeus, Leili, and Daqian names; and disposable e-vapor products under the Feiliu and Feiliu Mega names. The company also provides closed-system rechargeable products, … Read more