RLX Technology (RLX) Debt to Equity (2019 - 2026)

RLX Technology (RLX) posted Debt to Equity of $0.01 for Q1 2026, up 43.77% quarter-over-quarter from $0.01 in Q4 2025.

RLX Technology (RLX) Debt to Equity (2019 - 2026) Analysis & Trends

RLX Technology (RLX) has reported Debt to Equity for 7 consecutive years, with $0.01 the latest figure, recorded in Q1 2026.

Debt to Equity for Q1 2026 came in at $0.01, changed N/A year-over-year; the trailing twelve-month figure through Mar 2026 was $0.01 (changed N/A YoY), and the FY2025 annual result was $0.01, up 129.14% from the prior year.
Debt to Equity was $0.01 for Q1 2026 at RLX Technology, up from $0.01 in the prior quarter.
Over five years, Debt to Equity peaked at $0.01 in Q1 2026 and troughed at $0.0 in Q4 2022.
Average Debt to Equity over 4 years is $0.0, with a median of $0.0 recorded in 2024.
Year-over-year, Debt to Equity surged 1373.84% in 2022 and jumped 134.01% in 2025.
Over 4 years, Debt to Equity stood at $0.0 in 2022, then surged by 9091.39% to $0.0 in 2024, then surged by 134.01% to $0.01 in 2025, then jumped by 43.77% to $0.01 in 2026.
Per Business Quant data, the three most recent Debt to Equity figures were $0.01 in Q1 2026, $0.01 in Q4 2025, and $0.0 in Q4 2024.

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	Debt/Equity (Qtr)
1	Altria	66.91 Bn	63.43 Bn	3.51 Bn	-7.78
2	RLX Technology	2.38 Bn	1.75 Bn	73.10 Mn	0.01
3	Turning Point Brands	1.68 Bn	1.51 Bn	68.30 Mn	0.76
4	Universal	1.30 Bn	1.29 Bn	98.47 Mn	0.42
5	Ispire Technology	65.31 Mn	47.02 Mn	1.99 Mn	-0.07
6	Rythm	54.80 Mn	21.54 Mn	10.40 Mn	0.24
7	Greenlane Holdings	9.60 Mn	-28.63 Mn	217,000.00	-
8	VPR Brands	4.59 Mn	1.87 Mn	138,574.00	0.10
9	Lftd Partners	2.96 Mn	873,406.64	-1.71 Mn	0.10
10	22nd Century	128,296.63	-9.42 Mn	-636,000.00	-

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