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

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

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

RLX Technology's Asset Utilization Ratio history runs 6 years deep, the most recent figure standing at 0.27 for 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 was 0.27 for Q1 2026 at RLX Technology, up from 0.22 in the prior quarter.
  • Across five years, Asset Utilization Ratio topped out at 0.48 in Q1 2022 and bottomed at 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 sank 80.45% — and 2024, when it surged 82.55%.
  • RLX Technology's Asset Utilization Ratio stood at 0.34 in 2022, then slumped by 72.7% to 0.09 in 2023, then soared by 74.78% to 0.16 in 2024, then soared by 37.1% to 0.22 in 2025, then rose by 19.0% to 0.27 in 2026.
  • Business Quant data shows RLX's Asset Utilization Ratio at 0.27 in Q1 2026, 0.22 in Q4 2025, and 0.21 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Philip Morris International 300.23 Bn 294.78 Bn 6.91 Bn 0.60
2 British American Tobacco p.l.c 133.32 Bn 128.01 Bn - -
3 Altria 121.70 Bn 118.17 Bn 3.51 Bn 0.67
4 RLX Technology 2.50 Bn 1.83 Bn 73.10 Mn 0.27
5 Turning Point Brands 1.47 Bn 1.43 Bn 68.30 Mn 0.63
6 Universal 1.35 Bn 1.11 Bn 98.47 Mn 1.01
7 Ispire Technology 89.38 Mn 71.30 Mn 1.99 Mn 1.12
8 Rythm 42.81 Mn 9.55 Mn 10.40 Mn 0.55
9 VPR Brands 11.01 Mn 8.30 Mn 138,574.00 1.15
10 Greenlane Holdings 8.50 Mn -29.73 Mn 217,000.00 0.05

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