RLX Technology Inc (RLX) - Total Liabilities
Based on the latest financial reports, RLX Technology Inc (RLX) has total liabilities worth $1.24 Billion USD as of September 2025. Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities.
RLX Technology Inc - Total Liabilities Trend (2018–2024)
This chart illustrates how RLX Technology Inc's total liabilities have evolved over time, based on quarterly financial data. See RLX Technology Inc (RLX) working capital ratio to evaluate short-term liquidity relative to the company's equity base.
RLX Technology Inc Competitors by Total Liabilities
The table below lists competitors of RLX Technology Inc ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Expro Group Holdings NV
NYSE:XPRO
|
USA | $729.48 Million |
|
SIRIUS REAL ESTATE LTD.
F:EYI
|
Germany | €1.66 Billion |
|
Compañía Cervecerías Unidas S.A
F:CVU
|
Germany | €2.03 Trillion |
|
Zhengzhou GL Tech Co Ltd
SHE:300480
|
China | CN¥641.74 Million |
|
Ruentex Engineering & Construction Co Ltd
TW:2597
|
Taiwan | NT$15.91 Billion |
|
Kajaria Ceramics Limited
NSE:KAJARIACER
|
India | Rs9.71 Billion |
|
Harmony Biosciences Holdings
NASDAQ:HRMY
|
USA | $361.48 Million |
|
Proto Labs Inc
NYSE:PRLB
|
USA | $95.44 Million |
Liability Composition Analysis (2018–2024)
This chart breaks down RLX Technology Inc's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted. For the full company profile including market capitalisation, see RLX market cap overview.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 9.30 | Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities) |
| Quick Ratio | N/A | More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities) |
| Cash Ratio | 3.36 | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | 0.08 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.07 | Portion of assets financed with debt (Total Liabilities ÷ Total Assets) |
Liability Trends Comparison
This chart compares key liability metrics across different time periods, showing how RLX Technology Inc's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for RLX Technology Inc (2018–2024)
The table below shows the annual total liabilities of RLX Technology Inc from 2018 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 2024-12-31 | $881.10 Million | +22.94% |
| 2023-12-31 | $716.68 Million | -14.52% |
| 2022-12-31 | $838.45 Million | -70.54% |
| 2021-12-31 | $2.85 Billion | +629.63% |
| 2020-12-31 | $390.11 Million | -70.84% |
| 2019-12-31 | $1.34 Billion | +1249.78% |
| 2018-12-31 | $99.11 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 serves the product through offline distributors. The company was founded in 2018 and is headquartered in Shenzhen, the People's Republic of China.