Growth Metrics

RLX Technology (RLX) Invested Capital (2018 - 2025)

RLX Technology filings provide 8 years of Invested Capital readings, the most recent being $2.2 billion for Q4 2025.

  • On a quarterly basis, Invested Capital changed 0.02% to $2.2 billion in Q4 2025 year-over-year; TTM through Dec 2025 was $2.2 billion, a 0.02% change, with the full-year FY2025 number at $2.2 billion, up 1.6% from a year prior.
  • Invested Capital hit $2.2 billion in Q4 2025 for RLX Technology, down from $2.3 billion in the prior quarter.
  • In the past five years, Invested Capital ranged from a high of $2.3 billion in Q2 2023 to a low of $1.9 billion in Q1 2021.
  • Median Invested Capital over the past 5 years was $2.2 billion (2024), compared with a mean of $2.2 billion.
  • Biggest five-year swings in Invested Capital: soared 822.02% in 2021 and later fell 5.86% in 2024.
  • RLX Technology's Invested Capital stood at $2.1 billion in 2021, then increased by 3.34% to $2.2 billion in 2022, then fell by 0.85% to $2.2 billion in 2023, then increased by 3.0% to $2.2 billion in 2024, then dropped by 0.02% to $2.2 billion in 2025.
  • The last three reported values for Invested Capital were $2.2 billion (Q4 2025), $2.3 billion (Q3 2025), and $2.2 billion (Q2 2025) per Business Quant data.