RLX Other Current Liab vs Capital Surpluse Analysis

RLX Stock  USD 1.89  0.02  1.05%   
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 Other Current Liab and its Capital Surpluse 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 tightly coupled 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.

Other Current Liab vs Capital Surpluse

Other Current Liab vs Capital Surpluse Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of RLX Technology Other Current Liab account and Capital Surpluse. At this time, the significance of the direction appears to have strong relationship.
The correlation between RLX Technology's Other Current Liab and Capital Surpluse is 0.71. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Capital Surpluse 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 Other Current Liab and Capital Surpluse is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of RLX Technology are associated (or correlated) with its Capital Surpluse. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Surpluse has no effect on the direction of Other Current Liab i.e., RLX Technology's Other Current Liab and Capital Surpluse go up and down completely randomly.

Correlation Coefficient

0.71
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Current Liab

Capital Surpluse

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 tightly coupled 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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether RLX Technology offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of RLX Technology's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Rlx Technology Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Rlx Technology Stock:
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 tightly coupled 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.
You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

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Is RLX Technology's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of RLX Technology. If investors know RLX will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about RLX Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.67)
Dividend Share
0.071
Earnings Share
0.06
Revenue Per Share
1.228
Quarterly Revenue Growth
2.781
The market value of RLX Technology is measured differently than its book value, which is the value of RLX that is recorded on the company's balance sheet. Investors also form their own opinion of RLX Technology's value that differs from its market value or its book value, called intrinsic value, which is RLX Technology's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because RLX Technology's market value can be influenced by many factors that don't directly affect RLX Technology's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between RLX Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if RLX Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RLX Technology's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.