RLX Technology (RLX) Common Equity (2018 - 2025)

RLX Technology (RLX) reported Common Equity of $2.2 billion for Q4 2025, little changed on a YoY basis from $2.2 billion in Q4 2024, and down 2.48% quarter-over-quarter from $2.3 billion in Q3 2025.

RLX Technology (RLX) Common Equity (2018 - 2025) Analysis & Trends

RLX Technology has reported Common Equity for 8 years, with the latest figure at $2.2 billion in Q4 2025.

  • For the quarter ending Q4 2025, Common Equity changed 0.35% year-over-year to $2.2 billion; the trailing twelve-month figure through Dec 2025 stood at $2.2 billion (changed 0.35% YoY), and the FY2025 full-year result was $2.2 billion, up 2.7% from the prior year.
  • Common Equity for Q4 2025 stood at $2.2 billion, down from $2.3 billion in the prior quarter.
  • The five-year high for Common Equity was $2.3 billion in Q3 2025, with the low at $2.1 billion in Q4 2021.
  • Historically, Common Equity has averaged $2.2 billion across 5 years, with a median of $2.2 billion in 2023.
  • Annual changes were most pronounced in 2021 — Common Equity jumped 828.85% — and 2024, when it declined 2.61%.
  • RLX Technology's Common Equity stood at $2.1 billion in 2021, then rose by 3.34% to $2.2 billion in 2022, then slipped by 0.85% to $2.2 billion in 2023, then gained by 2.74% to $2.2 billion in 2024, then declined by 0.35% to $2.2 billion in 2025.
  • The last three Common Equity figures came in at $2.2 billion (Q4 2025), $2.3 billion (Q3 2025), and $2.3 billion (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Common Equity (Qtr)
1 Philip Morris International 277.78 Bn 274.30 Bn 6.91 Bn -9.28 Bn
2 Altria 120.77 Bn 117.29 Bn 3.51 Bn -3.21 Bn
3 British American Tobacco p.l.c 45.84 Bn 40.53 Bn - 64.04 Bn
4 Turning Point Brands 1.66 Bn 1.49 Bn 68.30 Mn 385.49 Mn
5 Universal 1.35 Bn 1.30 Bn 98.47 Mn 1.46 Bn
6 RLX Technology 355.86 Mn -269.04 Mn 73.10 Mn -
7 Ispire Technology 97.40 Mn 79.11 Mn 1.99 Mn -16.20 Mn
8 Rythm 54.37 Mn 21.11 Mn 10.40 Mn 36.58 Mn
9 Greenlane Holdings 11.69 Mn -26.54 Mn 217,000.00 50.08 Mn
10 22nd Century 2.50 Mn -7.04 Mn -636,000.00 21.22 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 2.22 Bn
Sep 30, 2025 2.27 Bn
Jun 30, 2025 2.27 Bn
Mar 31, 2025 2.24 Bn
Dec 31, 2024 2.23 Bn
Sep 30, 2024 2.23 Bn
Jun 30, 2024 2.15 Bn
Dec 31, 2023 2.17 Bn
Jun 30, 2023 2.21 Bn
Mar 31, 2023 2.27 Bn
Dec 31, 2022 2.19 Bn
Sep 30, 2022 2.18 Bn
Jun 30, 2022 2.18 Bn
Dec 31, 2021 2.11 Bn
Dec 31, 2020 227.64 Mn
Dec 31, 2019 15.08 Mn
Dec 31, 2018 957,881.75