RLX Technology Inc. (RLX)

RLX Technology Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	4,711	5,593	2,390	1,269	5,209	1,114
Short-Term Investments	3,452	2,900	5,724	9,520	7,211	1,363
Cash & Short-Term Investments	8,163	8,493	8,115	10,788	12,420	2,477
Cash Growth	11.30%	4.66%	-24.78%	-13.14%	401.32%	434.86%
Accounts Receivable	147.14	417.64	164.7	54.38	25.97	20.95
Other Receivables	184.61	124.88	478.31	151.32	139.5	12.6
Receivables	331.75	542.52	643.01	205.7	165.46	33.55
Inventory	116.5	142.55	144.85	130.9	589.09	329.12
Prepaid Expenses	-	10.89	7.84	9	20.99	28.69
Restricted Cash	159.52	50.87	29.76	20.57	0.5	340.81
Other Current Assets	223.59	61.02	43.7	43.73	754.93	657.28
Total Current Assets	8,994	9,301	8,984	11,198	13,951	3,867
Property, Plant & Equipment	73.64	74.9	129.92	162.88	319.41	166.24
Long-Term Investments	7,845	7,335	7,002	4,933	2,017	4
Goodwill	59.73	59.58	66.51	-	-	-
Other Intangible Assets	50.29	52.8	69.78	7.55	8.37	5.39
Long-Term Deferred Tax Assets	38.07	38.07	58.26	63.89	20.86	6
Other Long-Term Assets	11.98	9.91	4.87	13.46	48.96	11.35
Total Assets	17,073	16,871	16,315	16,379	16,365	4,060
Accounts Payable	396.16	458.55	321.74	269.35	1,289	1,460
Accrued Expenses	170.13	169.8	110.17	238.25	262	205.08
Short-Term Debt	60	40	41.11	-	-	11.17
Current Portion of Leases	10.3	11.45	29.44	45.96	80.58	45.07
Current Income Taxes Payable	152.15	126.15	77.16	109.68	597.76	363.64
Current Unearned Revenue	5.55	10.61	49.59	75.23	286.65	320.43
Other Current Liabilities	25.35	41.29	39.47	51.38	221.79	91.41
Total Current Liabilities	819.65	857.85	668.67	789.83	2,738	2,497
Long-Term Leases	13.26	7.05	24.42	39.97	104.23	49.45
Long-Term Deferred Tax Liabilities	16.23	16.2	23.59	8.65	4.51	5.21
Total Liabilities	849.13	881.1	716.68	838.45	2,846	2,551
Common Stock	16,222	0.1	0.1	0.1	0.1	0.09
Additional Paid-In Capital	-	12,724	12,115	12,062	11,881	1,590
Retained Earnings	-	4,247	3,793	3,352	1,911	-80.64
Treasury Stock	-	-2,106	-1,281	-627.89	-127.52	-
Comprehensive Income & Other	-	1,123	981.3	782.14	-149.87	-0.68
Total Common Equity	16,222	15,988	15,609	15,569	13,515	1,509
Minority Interest	2.37	1.74	-10.98	-28.69	3.8	-
Shareholders' Equity	16,224	15,990	15,598	15,540	13,519	1,509
Total Liabilities & Equity	17,073	16,871	16,315	16,379	16,365	4,060
Total Debt	83.56	58.5	94.96	85.92	184.81	105.7
Net Cash (Debt)	8,079	8,435	8,020	10,702	12,235	2,372
Net Cash Growth	10.90%	5.17%	-25.07%	-12.53%	415.87%	540.28%
Net Cash Per Share	6.26	6.54	5.98	8.06	8.68	1.65
Filing Date Shares Outstanding	1,226	1,218	1,272	1,313	1,548	1,571
Total Common Shares Outstanding	1,226	1,218	1,272	1,313	1,566	1,437
Working Capital	8,175	8,443	8,315	10,408	11,213	1,370
Book Value Per Share	13.23	13.12	12.28	11.86	8.63	1.05
Tangible Book Value	16,112	15,876	15,473	15,562	13,507	1,503
Tangible Book Value Per Share	13.14	13.03	12.17	11.85	8.63	1.05
Land	-	7.5	8.38	-	-	-
Buildings	-	7.46	8.33	-	-	-
Machinery	-	141.33	133.05	131.86	139.81	63.98
Leasehold Improvements	-	97.77	97.51	94.34	65.81	32.54

Updated May 16, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q