RLX Technology (RLX) Notes Payables (2019 - 2026)
RLX Technology (RLX) posted Notes Payables of $13.0 million for Q4 2025, down 42.79% quarter-over-quarter from $22.7 million in Q4 2024, and down 42.79% year-on-year from $22.7 million in Q4 2024.
RLX Technology (RLX) Notes Payables (2019 - 2026) Analysis & Trends
RLX Technology (RLX) has reported Notes Payables for 6 consecutive years, with $13.0 million the latest figure, recorded in Q4 2025.
- Notes Payables for Q4 2025 came in at $13.0 million, down 42.79% year-over-year; the trailing twelve-month figure through Dec 2025 was $13.0 million (down 42.79% YoY), and the FY2025 annual result was $13.2 million, up 140.0% from the prior year.
- Notes Payables was $13.0 million for Q4 2025 at RLX Technology, down from $22.7 million in the prior quarter.
- Over five years, Notes Payables peaked at $122.4 million in Q4 2021 and troughed at $13.0 million in Q4 2025.
- Average Notes Payables over 4 years is $47.2 million, with a median of $26.6 million recorded in 2022.
- Year-over-year, Notes Payables decreased 12.19% in 2021 and sank 75.1% in 2022.
- Over 4 years, Notes Payables stood at $122.4 million in 2021, then tumbled by 75.1% to $30.5 million in 2022, then decreased by 25.55% to $22.7 million in 2024, then tumbled by 42.79% to $13.0 million in 2025.
- Per Business Quant data, the three most recent Notes Payables figures were $13.0 million in Q4 2025, $22.7 million in Q4 2024, and $30.5 million in Q4 2022.
Peer Comparison
| # | Company | Market Capitalization | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Philip Morris International | 297.69 Bn | 294.22 Bn | 6.91 Bn |
| 2 | British American Tobacco p.l.c | 130.91 Bn | 125.90 Bn | - |
| 3 | Altria | 120.57 Bn | 117.09 Bn | 3.51 Bn |
| 4 | RLX Technology | 2.48 Bn | 1.83 Bn | 73.10 Mn |
| 5 | Turning Point Brands | 1.40 Bn | 1.39 Bn | 68.30 Mn |
| 6 | Universal | 1.32 Bn | 1.13 Bn | 98.47 Mn |
| 7 | Ispire Technology | 89.95 Mn | 71.87 Mn | 1.99 Mn |
| 8 | VPR Brands | 11.93 Mn | 9.21 Mn | 138,574.00 |
| 9 | Lftd Partners | 2.82 Mn | 725,179.78 | -1.71 Mn |
| 10 | Rythm | 1.41 Mn | -31.85 Mn | 10.40 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 19.60 Mn |
| Dec 31, 2025 | 12.99 Mn |
| Sep 30, 2025 | 15.92 Mn |
| Jun 30, 2025 | 14.53 Mn |
| Mar 31, 2025 | 8.27 Mn |
| Dec 31, 2024 | 5.57 Mn |
| Dec 31, 2022 | 30.49 Mn |
| Sep 30, 2022 | 14.06 Mn |
| Jun 30, 2022 | 14.93 Mn |
| Mar 31, 2022 | 15.78 Mn |
| Dec 31, 2021 | 122.43 Mn |
| Dec 31, 2020 | 139.43 Mn |
| Dec 31, 2019 | 49.45 Mn |