RLX Technology (RLX)

Net assets on the balance sheet as of September 2024 : S$2.99 Billion

According to RLX Technology's latest financial reports the company has S$2.99 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	$S$3.02 B	5.32%
2021-12-31	$S$2.86 B	837.29%
2020-12-31	$S$0.30 B	1391.9%
2019-12-31	$S$20.51 M	1459.01%
2018-12-31	$S$1.31 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
RLX Technology RLX	S$2.99 B	0.00%	🇨🇳 China
Turning Point Brands TPB	S$0.25 B	-91.64%	🇺🇸 USA
Vector Group VGR	-S$0.96 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 : S$2.99 Billion