RLX Technology (RLX)

Net assets on the balance sheet as of September 2024 : £1.79 Billion

According to RLX Technology's latest financial reports the company has £1.79 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	$£1.86 B	18.5%
2021-12-31	$£1.57 B	826.19%
2020-12-31	$£0.16 B	1362.63%
2019-12-31	$£11.6 M	1429.25%
2018-12-31	$£0.75 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
RLX Technology RLX	£1.79 B	0.00%	🇨🇳 China
Turning Point Brands TPB	£0.14 B	-91.64%	🇺🇸 USA
Vector Group VGR	-£0.58 Billion	-131.93%	🇺🇸 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 September 2024 : £1.79 Billion