RLX Technology (RLX) Asset Utilization Ratio (2021 - 2026)
RLX Technology's (RLX) quarterly Asset Utilization Ratio came in at 0.27 in Q1 2026, up 49.95% YoY from 0.18 in Q1 2025, and up 19.0% on a QoQ basis from 0.22 in Q4 2025.
RLX Technology (RLX) Asset Utilization Ratio (2021 - 2026) Analysis & Trends
RLX Technology (RLX) has 6 years of Asset Utilization Ratio data on file, last reported at 0.27 in Q1 2026.
- Quarterly Asset Utilization Ratio rose 49.95% year-over-year to 0.27 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.27 (up 49.95% YoY) and the FY2025 annual result came in at 0.23, up 42.14% from the prior year.
- Asset Utilization Ratio rose to 0.27 in Q1 2026, from 0.22 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 0.48 in Q1 2022 to a low of 0.08 in Q3 2023.
- A 5-year average of 0.23 and a median of 0.19 in 2025 frame the typical range for Asset Utilization Ratio.
- Annual changes were most pronounced in 2023 — Asset Utilization Ratio slumped 80.45% — and 2024, when it surged 82.55%.
- Tracing RLX's Asset Utilization Ratio over 5 years: stood at 0.34 in 2022, then plunged by 72.7% to 0.09 in 2023, then jumped by 74.78% to 0.16 in 2024, then jumped by 37.1% to 0.22 in 2025, then grew by 19.0% to 0.27 in 2026.
- The last three Asset Utilization Ratio figures came in at 0.27 (Q1 2026), 0.22 (Q4 2025), and 0.21 (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 293.70 Bn | 287.70 Bn | 7.66 Bn | 0.62 |
| 2 | British American Tobacco p.l.c | 121.86 Bn | 118.16 Bn | - | - |
| 3 | Altria | 110.41 Bn | 108.05 Bn | 3.82 Bn | 0.69 |
| 4 | RLX Technology | 2.21 Bn | 1.47 Bn | 52.74 Mn | 0.28 |
| 5 | Turning Point Brands | 1.69 Bn | 1.42 Bn | 93.70 Mn | 0.62 |
| 6 | Universal | 1.13 Bn | 850.18 Mn | 83.09 Mn | 0.98 |
| 7 | Ispire Technology | 85.42 Mn | 66.19 Mn | 1.99 Mn | 1.12 |
| 8 | Rythm | 51.22 Mn | 9.30 Mn | 18.54 Mn | 0.78 |
| 9 | Greenlane Holdings | 12.21 Mn | -12.29 Mn | 32,000.00 | 0.06 |
| 10 | VPR Brands | 8.26 Mn | 5.92 Mn | 161,075.00 | 0.79 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.27 |
| Dec 31, 2025 | 0.22 |
| Sep 30, 2025 | 0.21 |
| Jun 30, 2025 | 0.19 |
| Mar 31, 2025 | 0.18 |
| Dec 31, 2024 | 0.16 |
| Sep 30, 2024 | 0.15 |
| Jun 30, 2024 | 0.13 |
| Mar 31, 2024 | 0.12 |
| Dec 31, 2023 | 0.09 |
| Sep 30, 2023 | 0.08 |
| Jun 30, 2023 | 0.12 |
| Mar 31, 2023 | 0.24 |
| Dec 31, 2022 | 0.34 |
| Sep 30, 2022 | 0.42 |
| Jun 30, 2022 | 0.45 |
| Mar 31, 2022 | 0.48 |
| Dec 31, 2021 | 0.52 |
| Sep 30, 2021 | 0.51 |
| Jun 30, 2021 | 0.49 |