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

RLX Technology (RLX) reported 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 has reported Debt to Equity for 6 years, with the latest figure at $0.01 in Q1 2026.

For the quarter ending Q1 2026, Debt to Equity changed N/A year-over-year to $0.01; the trailing twelve-month figure through Mar 2026 stood at $0.01 (changed N/A YoY), and the FY2025 full-year result was $0.01, up 135.47% from the prior year.
Debt to Equity for Q1 2026 stood at $0.01, up from $0.01 in the prior quarter.
The five-year high for Debt to Equity was $0.01 in Q1 2026, with the low at $0.0 in Q4 2022.
Historically, Debt to Equity has averaged $0.0 across 4 years, with a median of $0.01 in 2025.
The largest YoY upside for Debt to Equity was 134.01% in 2025 against a maximum downside of 134.01% in 2025.
RLX Technology's 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.
The last three Debt to Equity figures came in at $0.01 (Q1 2026), $0.01 (Q4 2025), and $0.0 (Q4 2024), per Business Quant data.

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	Debt/Equity (Qtr)
1	Philip Morris International	277.78 Bn	274.30 Bn	6.91 Bn	-6.78
2	Altria	120.77 Bn	117.29 Bn	3.51 Bn	-7.78
3	British American Tobacco p.l.c	45.84 Bn	40.53 Bn	-	0.01
4	Turning Point Brands	1.66 Bn	1.49 Bn	68.30 Mn	0.76
5	Universal	1.35 Bn	1.30 Bn	98.47 Mn	0.42
6	RLX Technology	355.86 Mn	-269.04 Mn	73.10 Mn	0.01
7	Ispire Technology	97.40 Mn	79.11 Mn	1.99 Mn	-0.07
8	Rythm	54.37 Mn	21.11 Mn	10.40 Mn	0.24
9	Greenlane Holdings	11.69 Mn	-26.54 Mn	217,000.00	-
10	22nd Century	2.50 Mn	-7.04 Mn	-636,000.00	-

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