RLX Technology (RLX) Asset Utilization Ratio (2021 - 2026)

RLX Technology (RLX) reported Asset Utilization Ratio of 0.27 for Q1 2026, up 49.95% on a YoY basis from 0.18 in Q1 2025, and up 19.0% quarter-over-quarter from 0.22 in Q4 2025.

RLX Technology (RLX) Asset Utilization Ratio (2021 - 2026) Analysis & Trends

RLX Technology has reported Asset Utilization Ratio for 6 years, with the latest figure at 0.27 in Q1 2026.

  • For the quarter ending Q1 2026, Asset Utilization Ratio rose 49.95% year-over-year to 0.27; the trailing twelve-month figure through Mar 2026 stood at 0.27 (up 49.95% YoY), and the FY2025 full-year result was 0.23, up 42.14% from the prior year.
  • Asset Utilization Ratio for Q1 2026 stood at 0.27, up from 0.22 in the prior quarter.
  • The five-year high for Asset Utilization Ratio was 0.48 in Q1 2022, with the low at 0.08 in Q3 2023.
  • Historically, Asset Utilization Ratio has averaged 0.23 across 5 years, with a median of 0.19 in 2025.
  • Annual changes were most pronounced in 2023 — Asset Utilization Ratio slumped 80.45% — and 2024, when it surged 82.55%.
  • RLX Technology's Asset Utilization Ratio 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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Philip Morris International 277.78 Bn 274.30 Bn 6.91 Bn 0.60
2 Altria 120.77 Bn 117.29 Bn 3.51 Bn 0.67
3 British American Tobacco p.l.c 45.84 Bn 40.53 Bn - -
4 Turning Point Brands 1.66 Bn 1.49 Bn 68.30 Mn 0.63
5 Universal 1.35 Bn 1.30 Bn 98.47 Mn 1.01
6 RLX Technology 355.86 Mn -269.04 Mn 73.10 Mn 0.27
7 Ispire Technology 97.40 Mn 79.11 Mn 1.99 Mn 1.12
8 Rythm 54.37 Mn 21.11 Mn 10.40 Mn 0.26
9 Greenlane Holdings 11.69 Mn -26.54 Mn 217,000.00 0.05
10 22nd Century 2.50 Mn -7.04 Mn -636,000.00 0.55

Historic Data

Download Data
DateValue
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