RLX Technology Inc Working Capital to Net Assets Ratio
RLX Technology Inc working capital to net assets ratio. RLX Technology Inc (RLX) has a Working Capital to Net Assets ratio of 63.8% as of March 2026. Working capital of $10.16 Billion (current assets of $11.51 Billion minus current liabilities of $1.35 Billion) is measured against net assets of $15.93 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check RLX goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of RLX Technology Inc (2018–2025)
Working capital to net assets ratio of RLX Technology Inc from 2018 to 2025. This chart shows how RLX Technology Inc's Working Capital to Net Assets ratio has evolved across 8 annual periods from 2018 to 2025. As of March 2026, the ratio stands at 63.8%, reflecting working capital of $10.16 Billion against net assets of $15.93 Billion USD. See RLX Technology Inc defensive interval ratio to measure how many days the company can operate on defensive assets alone.
RLX Technology Inc Working Capital to Net Assets Ratio by Year (2018–2025)
RLX Technology Inc working capital to net assets ratio by year from 2018 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for RLX Technology Inc from 2018 to 2025, covering 8 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see RLX asset base.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 58.7% | $9.24 Billion | $15.74 Billion | $11.21 Billion | $1.97 Billion | ▲ +5.9 pp |
| 2024 | 52.8% | $8.44 Billion | $15.99 Billion | $9.30 Billion | $857.85 Million | ▼ -0.5 pp |
| 2023 | 53.3% | $8.32 Billion | $15.60 Billion | $8.98 Billion | $668.67 Million | ▼ -13.7 pp |
| 2022 | 67.0% | $10.41 Billion | $15.54 Billion | $11.20 Billion | $789.83 Million | ▼ -16.0 pp |
| 2021 | 82.9% | $11.21 Billion | $13.52 Billion | $13.95 Billion | $2.74 Billion | ▼ -7.9 pp |
| 2020 | 90.8% | $209.53 Million | $230.68 Million | $591.29 Million | $381.75 Million | ▼ -438.9 pp |
| 2019 | 529.7% | $562.97 Million | $106.28 Million | $1.18 Billion | $619.90 Million | ▲ +430.0 pp |
| 2018 | 99.7% | $6.60 Million | $6.62 Million | $104.34 Million | $97.73 Million | — |