Balance Sheet
Cash Flow Statement
Daily Values
Growth Metrics
Income Statement
Others
Ratios
Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on Sales

RLX Technology (RLX) Return on Capital Employed (2021 - 2025)

RLX Technology filings provide 5 years of Return on Capital Employed readings, the most recent being 2.08% for Q4 2025.

  • On a quarterly basis, Return on Capital Employed rose 275.0% to 2.08% in Q4 2025 year-over-year; TTM through Dec 2025 was 2.08%, a 275.0% increase, with the full-year FY2025 number at 2.15%, up 282.0% from a year prior.
  • Return on Capital Employed hit 2.08% in Q4 2025 for RLX Technology, up from 1.2% in the prior quarter.
  • In the past five years, Return on Capital Employed ranged from a high of 21.76% in Q1 2022 to a low of 5.47% in Q3 2023.
  • Median Return on Capital Employed over the past 5 years was 0.88% (2025), compared with a mean of 4.64%.
  • Biggest five-year swings in Return on Capital Employed: soared 1878bps in 2022 and later crashed -2119bps in 2023.
  • RLX Technology's Return on Capital Employed stood at 16.95% in 2021, then tumbled by -56bps to 7.42% in 2022, then crashed by -144bps to 3.3% in 2023, then skyrocketed by 80bps to 0.67% in 2024, then soared by 411bps to 2.08% in 2025.
  • The last three reported values for Return on Capital Employed were 2.08% (Q4 2025), 1.2% (Q3 2025), and 0.57% (Q2 2025) per Business Quant data.