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| 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 |