RLX Technology Inc. (RLX)

RLX Technology Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	5,593	2,390	1,269	5,209	1,114
Short-Term Investments	2,900	5,724	9,520	7,211	1,363
Cash & Short-Term Investments	8,493	8,115	10,788	12,420	2,477
Cash Growth	4.66%	-24.78%	-13.14%	401.32%	434.86%
Accounts Receivable	429.34	164.7	54.38	25.97	20.95
Other Receivables	-	478.31	151.32	139.5	12.6
Receivables	429.34	643.01	205.7	165.46	33.55
Inventory	142.55	144.85	130.9	589.09	329.12
Prepaid Expenses	-	7.84	9	20.99	28.69
Restricted Cash	50.87	29.76	20.57	0.5	340.81
Other Current Assets	185.09	43.7	43.73	754.93	657.28
Total Current Assets	9,301	8,984	11,198	13,951	3,867
Property, Plant & Equipment	74.9	129.92	162.88	319.41	166.24
Long-Term Investments	7,335	7,002	4,933	2,017	4
Goodwill	59.58	66.51	-	-	-
Other Intangible Assets	52.8	69.78	7.55	8.37	5.39
Long-Term Deferred Tax Assets	38.07	58.26	63.89	20.86	6
Other Long-Term Assets	9.91	4.87	13.46	48.96	11.35
Total Assets	16,871	16,315	16,379	16,365	4,060
Accounts Payable	458.54	321.74	269.35	1,289	1,460
Accrued Expenses	182.56	110.17	238.25	262	205.08
Short-Term Debt	40	41.11	-	-	11.17
Current Portion of Leases	11.45	29.44	45.96	80.58	45.07
Current Income Taxes Payable	126.15	77.16	109.68	597.76	363.64
Current Unearned Revenue	10.61	49.59	75.23	286.65	320.43
Other Current Liabilities	28.55	39.47	51.38	221.79	91.41
Total Current Liabilities	857.85	668.67	789.83	2,738	2,497
Long-Term Leases	7.05	24.42	39.97	104.23	49.45
Long-Term Deferred Tax Liabilities	16.2	23.59	8.65	4.51	5.21
Total Liabilities	881.1	716.68	838.45	2,846	2,551
Common Stock	15,988	0.1	0.1	0.1	0.09
Additional Paid-In Capital	-	12,115	12,062	11,881	1,590
Retained Earnings	-	3,793	3,352	1,911	-80.64
Treasury Stock	-	-1,281	-627.89	-127.52	-
Comprehensive Income & Other	-	981.3	782.14	-149.87	-0.68
Total Common Equity	15,988	15,609	15,569	13,515	1,509
Minority Interest	1.74	-10.98	-28.69	3.8	-
Shareholders' Equity	15,990	15,598	15,540	13,519	1,509
Total Liabilities & Equity	16,871	16,315	16,379	16,365	4,060
Total Debt	58.5	94.96	85.92	184.81	105.7
Net Cash (Debt)	8,435	8,020	10,702	12,235	2,372
Net Cash Growth	5.17%	-25.07%	-12.53%	415.87%	540.29%
Net Cash Per Share	6.54	5.98	8.06	8.68	1.65
Filing Date Shares Outstanding	1,225	1,272	1,313	1,548	1,571
Total Common Shares Outstanding	1,225	1,272	1,313	1,566	1,437
Working Capital	8,443	8,315	10,408	11,213	1,370
Book Value Per Share	13.05	12.28	11.86	8.63	1.05
Tangible Book Value	15,876	15,473	15,562	13,507	1,503
Tangible Book Value Per Share	12.96	12.17	11.85	8.63	1.05
Land	-	8.38	-	-	-
Buildings	-	8.33	-	-	-
Machinery	-	133.05	131.86	139.81	63.98
Leasehold Improvements	-	97.51	94.34	65.81	32.54

Source: S&P Capital IQ. Standard template. Financial Sources.