RLX Technology (RLX)

Net assets on the balance sheet as of June 2024 : S$2.80 B

According to RLX Technology's latest financial reports the company has S$2.80 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

RLX Technology - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$S$3.02 B	5.58%
2021-12-31	$S$2.86 B	835.63%
2020-12-31	$S$0.30 B	1394.74%
2019-12-31	$S$20.45 M	1459.44%
2018-12-31	$S$1.31 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
RLX Technology RLX	S$2.80 B	0.00%	🇨🇳 China
Turning Point Brands TPB	S$0.22 B	-91.92%	🇺🇸 USA
Vector Group VGR	-S$0.93 B	-133.13%	🇺🇸 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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RLX Technology (RLX) - Net assets

Net assets on the balance sheet as of June 2024 : S$2.80 B