RLX Technology (RLX)

Net assets on the balance sheet as of September 2024 : $2.23 Billion USD

According to RLX Technology's latest financial reports the company has $2.23 Billion USD 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	$$2.25 B	6.21%
2021-12-31	$$2.12 B	817.2%
2020-12-31	$$0.23 B	1420.37%
2019-12-31	$$15.21 M	1479.79%
2018-12-31	$$0.96 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
RLX Technology RLX	$2.23 B	0.00%	🇨🇳 China
Turning Point Brands TPB	$0.18 B	-91.64%	🇺🇸 USA
Vector Group VGR	-$0.72 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 : $2.23 Billion USD