RLX Technology (RLX) - Market capitalization

Market cap: HK$22.53 Billion

As of December 2025 RLX Technology has a market cap of HK$22.53 Billion. This makes RLX Technology the world's 4008th most valuable company by market cap according to our data. The market capitalization, commonly called market cap, is the total market value of a publicly traded company's outstanding shares and is commonly used to measure how much a company is worth.

Market cap history of RLX Technology from 2021 to 2025

End of year Market Cap

Year	Marketcap	Change
2025	HK$22.53 B	-12.83%
2024	HK$25.85 B	4.83%
2023	HK$24.66 B	-11.34%
2022	HK$27.81 B	-41.77%
2021	HK$47.76 B

End of Day market cap according to different sources

On Dec 25th, 2025 the market cap of RLX Technology was reported to be:

HK$27.84 Billion

by Nasdaq

HK$22.53 Billion

by CompaniesMarketCap

Market capitalization for similar companies or competitors

Name	Marketcap	Market cap differencediff.	Country
RLX Technology RLX	HK$22.53 B	0.00%	🇨🇳 China
Turning Point Brands TPB	HK$15.94 B	-29.24%	🇺🇸 USA
Vector Group VGR	HK$18.33 B	-18.63%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Market capitalization of RLX Technology (RLX)

Market cap: HK$22.53 Billion