RLX Technology (RLX)

Net assets on the balance sheet as of June 2024 : A$3.29 Billion

According to RLX Technology's latest financial reports the company has A$3.29 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

RLX Technology - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$3.31 B	13.15%
2021-12-31	$A$2.92 B	872.8%
2020-12-31	$A$0.30 B	1284.35%
2019-12-31	$A$21.72 M	1489.57%
2018-12-31	$A$1.36 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
RLX Technology RLX	A$3.29 B	0.00%	🇨🇳 China
Turning Point Brands TPB	A$0.26 B	-91.92%	🇺🇸 USA
Vector Group VGR	-A$1.1 Billion	-133.13%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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RLX Technology (RLX) - Net assets

Net assets on the balance sheet as of June 2024 : A$3.29 Billion