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| 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 |