RLX Technology (RLX)

Net assets on the balance sheet as of September 2024 : HK$17.38 Billion

According to RLX Technology's latest financial reports the company has HK$17.38 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
2023-12-31	$HK$17.23 B	-2.1%
2022-12-31	$HK$17.60 B	6.42%
2021-12-31	$HK$16.54 B	822.57%
2020-12-31	$HK$1.79 B	1413.35%
2019-12-31	$HK$0.11 B	1471.15%
2018-12-31	$HK$7.54 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
RLX Technology RLX	HK$17.38 B	0.00%	🇨🇳 China
Turning Point Brands TPB	HK$1.48 B	-91.48%	🇺🇸 USA
Vector Group VGR	-HK$5.56 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 : HK$17.38 Billion