RLX Technology (RLX) Non-cash Items (2020 - 2025)

RLX Technology (RLX) reported Non-cash Items of $255.3 million for Q4 2025, up 42.77% on a YoY basis from $178.8 million in Q4 2024, and up 42.77% quarter-over-quarter from $178.8 million in Q4 2024.

RLX Technology (RLX) Non-cash Items (2020 - 2025) Analysis & Trends

RLX Technology has reported Non-cash Items for 6 years, with the latest figure at $255.3 million in Q4 2025.

  • For the quarter ending Q4 2025, Non-cash Items rose 42.77% year-over-year to $255.3 million; the trailing twelve-month figure through Dec 2025 stood at $255.3 million (up 42.77% YoY), and the FY2025 full-year result was $255.3 million, up 42.77% from the prior year.
  • Non-cash Items for Q4 2025 stood at $255.3 million, up from $178.8 million in the prior quarter.
  • The five-year high for Non-cash Items was $255.3 million in Q4 2025, with the low at $49.6 million in Q4 2021.
  • Historically, Non-cash Items has averaged $137.6 million across 5 years, with a median of $116.1 million in 2023.
  • Annual changes were most pronounced in 2021 — Non-cash Items slumped 48.99% — and 2022, when it soared 77.92%.
  • RLX Technology's Non-cash Items stood at $49.6 million in 2021, then soared by 77.92% to $88.3 million in 2022, then soared by 31.54% to $116.1 million in 2023, then jumped by 53.94% to $178.8 million in 2024, then surged by 42.77% to $255.3 million in 2025.
  • The last three Non-cash Items figures came in at $255.3 million (Q4 2025), $178.8 million (Q4 2024), and $116.1 million (Q4 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Philip Morris International 277.78 Bn 274.30 Bn 6.91 Bn
2 Altria 120.77 Bn 117.29 Bn 3.51 Bn
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
5 Universal 1.35 Bn 1.30 Bn 98.47 Mn
6 RLX Technology 355.86 Mn -269.04 Mn 73.10 Mn
7 Ispire Technology 97.40 Mn 79.11 Mn 1.99 Mn
8 Rythm 54.37 Mn 21.11 Mn 10.40 Mn
9 Greenlane Holdings 11.69 Mn -26.54 Mn 217,000.00
10 22nd Century 2.50 Mn -7.04 Mn -636,000.00

Historic Data

Download Data
DateValue
Dec 31, 2025 255.28 Mn
Dec 31, 2025 255.28 Mn
Dec 31, 2024 178.80 Mn
Dec 31, 2024 178.80 Mn
Dec 31, 2023 116.15 Mn
Dec 31, 2023 116.15 Mn
Dec 31, 2022 88.30 Mn
Dec 31, 2022 88.30 Mn
Dec 31, 2021 49.63 Mn
Dec 31, 2021 49.63 Mn
Dec 31, 2020 97.28 Mn
Dec 31, 2020 97.28 Mn