RLX Non Current Assets Total vs Other Stockholder Equity Analysis

RLX Stock  USD 1.86  0.03  1.59%   
RLX Technology financial indicator trend analysis is much more than just breaking down RLX Technology prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether RLX Technology is a good investment. Please check the relationship between RLX Technology Non Current Assets Total and its Other Stockholder Equity accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in RLX Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy RLX Stock please use our How to Invest in RLX Technology guide.

Non Current Assets Total vs Other Stockholder Equity

Non Current Assets Total vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of RLX Technology Non Current Assets Total account and Other Stockholder Equity. At this time, the significance of the direction appears to have very strong relationship.
The correlation between RLX Technology's Non Current Assets Total and Other Stockholder Equity is 0.82. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of RLX Technology, assuming nothing else is changed. The correlation between historical values of RLX Technology's Non Current Assets Total and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of RLX Technology are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Non Current Assets Total i.e., RLX Technology's Non Current Assets Total and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.82
Relationship DirectionPositive 
Relationship StrengthStrong

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Other Stockholder Equity

Most indicators from RLX Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into RLX Technology current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in RLX Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy RLX Stock please use our How to Invest in RLX Technology guide.Sales General And Administrative To Revenue is likely to rise to 0.42 in 2024, whereas Tax Provision is likely to drop slightly above 17.3 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit3.7B2.3B387.7M368.3M
Total Revenue8.5B5.3B1.2B1.2B

RLX Technology fundamental ratios Correlations

0.760.770.580.990.940.80.51-0.840.890.430.840.840.750.980.59-0.44-0.80.030.950.760.670.881.00.560.99
0.760.980.870.680.661.00.79-0.850.550.760.850.490.350.830.4-0.27-0.560.420.691.00.970.710.740.910.68
0.770.980.920.690.670.970.85-0.90.560.820.910.510.350.830.42-0.32-0.560.290.710.980.990.760.740.930.69
0.580.870.920.490.410.850.99-0.750.270.980.780.220.070.670.12-0.03-0.270.170.450.870.930.510.550.980.49
0.990.680.690.490.940.720.41-0.790.910.330.790.850.780.960.6-0.44-0.81-0.020.950.680.570.860.990.461.0
0.940.660.670.410.940.70.33-0.790.990.240.750.960.890.90.77-0.71-0.95-0.031.00.660.560.950.930.380.94
0.81.00.970.850.720.70.76-0.850.610.720.850.550.410.840.47-0.31-0.60.430.731.00.950.740.770.890.72
0.510.790.850.990.410.330.76-0.680.20.990.710.160.020.60.050.02-0.20.060.380.790.860.430.480.940.41
-0.84-0.85-0.9-0.75-0.79-0.79-0.85-0.68-0.68-0.62-0.99-0.62-0.44-0.89-0.440.420.67-0.01-0.82-0.85-0.87-0.89-0.85-0.71-0.79
0.890.550.560.270.910.990.610.2-0.680.10.630.990.950.830.82-0.75-0.97-0.030.980.550.430.90.890.250.91
0.430.760.820.980.330.240.720.99-0.620.10.660.05-0.080.53-0.040.11-0.10.090.290.760.840.340.40.940.33
0.840.850.910.780.790.750.850.71-0.990.630.660.570.380.890.37-0.32-0.60.030.790.850.880.850.850.750.79
0.840.490.510.220.850.960.550.16-0.620.990.050.570.970.750.89-0.82-0.96-0.030.950.490.380.890.820.210.85
0.750.350.350.070.780.890.410.02-0.440.95-0.080.380.970.640.87-0.79-0.92-0.050.870.350.20.760.730.060.78
0.980.830.830.670.960.90.840.6-0.890.830.530.890.750.640.47-0.36-0.760.020.920.830.750.850.980.640.96
0.590.40.420.120.60.770.470.05-0.440.82-0.040.370.890.870.47-0.9-0.820.230.750.40.310.770.550.160.6
-0.44-0.27-0.32-0.03-0.44-0.71-0.310.020.42-0.750.11-0.32-0.82-0.79-0.36-0.90.840.05-0.69-0.27-0.23-0.75-0.42-0.01-0.44
-0.8-0.56-0.56-0.27-0.81-0.95-0.6-0.20.67-0.97-0.1-0.6-0.96-0.92-0.76-0.820.840.04-0.94-0.56-0.46-0.89-0.8-0.24-0.81
0.030.420.290.17-0.02-0.030.430.06-0.01-0.030.090.03-0.03-0.050.020.230.050.04-0.030.420.33-0.01-0.010.36-0.02
0.950.690.710.450.951.00.730.38-0.820.980.290.790.950.870.920.75-0.69-0.94-0.030.690.60.950.950.420.95
0.761.00.980.870.680.661.00.79-0.850.550.760.850.490.350.830.4-0.27-0.560.420.690.970.710.740.910.68
0.670.970.990.930.570.560.950.86-0.870.430.840.880.380.20.750.31-0.23-0.460.330.60.970.680.640.940.57
0.880.710.760.510.860.950.740.43-0.890.90.340.850.890.760.850.77-0.75-0.89-0.010.950.710.680.870.480.86
1.00.740.740.550.990.930.770.48-0.850.890.40.850.820.730.980.55-0.42-0.8-0.010.950.740.640.870.520.99
0.560.910.930.980.460.380.890.94-0.710.250.940.750.210.060.640.16-0.01-0.240.360.420.910.940.480.520.46
0.990.680.690.491.00.940.720.41-0.790.910.330.790.850.780.960.6-0.44-0.81-0.020.950.680.570.860.990.46
Click cells to compare fundamentals

RLX Technology Account Relationship Matchups

RLX Technology fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.4B4.1B16.4B16.4B16.3B10.0B
Short Long Term Debt Total92.8M94.5M184.8M85.9M53.9M93.9M
Other Current Liab419.6M671.3M1.1B399.3M480.2M574.1M
Total Current Liabilities619.9M2.5B2.7B789.8M668.7M635.2M
Total Stockholder Equity106.3M1.5B13.5B15.6B15.6B8.5B
Net Tangible Assets100.9M1.5B13.5B15.6B17.9B18.8B
Property Plant And Equipment Net176.5M166.2M319.4M162.9M129.9M175.2M
Current Deferred Revenue18.4M320.4M286.7M75.2M49.6M47.1M
Net Debt(42.8M)(1.0B)(5.0B)(1.2B)(2.3B)(2.5B)
Retained Earnings46.5M(81.6M)1.9B3.3B3.8B4.0B
Accounts Payable150.5M1.5B1.3B269.3M109.4M103.9M
Cash135.5M1.1B5.2B1.3B2.4B1.9B
Non Current Assets Total261.2M193.0M2.4B5.2B7.3B7.7B
Other Assets94.2M17.4M69.8M3.5B4.0B4.2B
Cash And Short Term Investments463.2M3.1B12.9B10.8B8.1B6.5B
Net Receivables85.7M42.0M26.0M59.5M186.1M195.4M
Short Term Investments327.7M2.0B7.6B9.5B5.7B4.6B
Liabilities And Stockholders Equity1.4B4.1B16.4B16.4B16.3B10.0B
Non Current Liabilities Total717.9M54.7M108.7M48.6M48.0M45.6M
Capital Surpluse59.5M1.6B11.9B12.1B13.9B14.6B
Capital Lease Obligations92.8M94.5M184.8M85.9M53.9M93.9M
Inventory219.3M329.1M589.1M130.9M144.9M261.7M
Other Current Assets6.6M74.4M482.7M198.9M508.4M533.9M
Other Stockholder Equity59.5M1.6B11.8B11.4B10.8B6.5B
Total Liab1.3B2.6B2.8B838.5M716.7M680.8M
Net Invested Capital106.3M1.5B13.5B15.6B15.6B8.5B
Long Term Investments5M4M2.0B4.9B7.0B7.4B
Property Plant And Equipment Gross156.7M166.2M319.4M162.9M299.8M202.8M
Total Current Assets1.2B3.9B14.0B11.2B9.0B7.2B
Accumulated Other Comprehensive Income181K322K(147.5M)809.9M1.0B1.1B
Cash And Equivalents92.4M437.9M1.7B1.3B1.5B773.6M
Net Working Capital563.0M1.4B11.2B10.4B8.3B5.8B
Short Term Debt31.4M45.1M80.6M46.0M29.4M42.7M
Intangible Assets5.4M5.4M8.4M4.7M69.8M73.3M
Property Plant Equipment156.7M166.2M319.4M162.9M187.3M177.3M

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