RLX Net Invested Capital vs Non Current Assets Total Analysis
RLX Stock | USD 2.06 0.03 1.48% |
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 Net Invested Capital and its Non Current Assets Total 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.
Net Invested Capital vs Non Current Assets Total
Net Invested Capital vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of RLX Technology Net Invested Capital account and Non Current Assets Total. At this time, the significance of the direction appears to have very strong relationship.
The correlation between RLX Technology's Net Invested Capital and Non Current Assets Total is 0.85. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Non Current Assets Total 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 Net Invested Capital and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of RLX Technology are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Net Invested Capital i.e., RLX Technology's Net Invested Capital and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | 0.85 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.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.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 Profit | 3.7B | 2.3B | 387.7M | 368.3M | Total Revenue | 8.5B | 5.3B | 1.2B | 1.2B |
RLX Technology fundamental ratios Correlations
Click cells to compare fundamentals
RLX Technology Account Relationship Matchups
High Positive Relationship
High Negative Relationship
RLX Technology fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.4B | 4.1B | 16.4B | 16.4B | 16.3B | 10.0B | |
Short Long Term Debt Total | 92.8M | 94.5M | 184.8M | 85.9M | 53.9M | 93.9M | |
Other Current Liab | 419.6M | 671.3M | 1.1B | 399.3M | 480.2M | 574.1M | |
Total Current Liabilities | 619.9M | 2.5B | 2.7B | 789.8M | 668.7M | 635.2M | |
Total Stockholder Equity | 106.3M | 1.5B | 13.5B | 15.6B | 15.6B | 8.5B | |
Net Tangible Assets | 100.9M | 1.5B | 13.5B | 15.6B | 17.9B | 18.8B | |
Property Plant And Equipment Net | 176.5M | 166.2M | 319.4M | 162.9M | 129.9M | 175.2M | |
Current Deferred Revenue | 18.4M | 320.4M | 286.7M | 75.2M | 49.6M | 47.1M | |
Net Debt | (42.8M) | (1.0B) | (5.0B) | (1.2B) | (2.3B) | (2.5B) | |
Retained Earnings | 46.5M | (81.6M) | 1.9B | 3.3B | 3.8B | 4.0B | |
Accounts Payable | 150.5M | 1.5B | 1.3B | 269.3M | 109.4M | 103.9M | |
Cash | 135.5M | 1.1B | 5.2B | 1.3B | 2.4B | 1.9B | |
Non Current Assets Total | 261.2M | 193.0M | 2.4B | 5.2B | 7.3B | 7.7B | |
Other Assets | 94.2M | 17.4M | 69.8M | 3.5B | 4.0B | 4.2B | |
Cash And Short Term Investments | 463.2M | 3.1B | 12.9B | 10.8B | 8.1B | 6.5B | |
Net Receivables | 85.7M | 42.0M | 26.0M | 59.5M | 186.1M | 195.4M | |
Short Term Investments | 327.7M | 2.0B | 7.6B | 9.5B | 5.7B | 4.6B | |
Liabilities And Stockholders Equity | 1.4B | 4.1B | 16.4B | 16.4B | 16.3B | 10.0B | |
Non Current Liabilities Total | 717.9M | 54.7M | 108.7M | 48.6M | 48.0M | 45.6M | |
Capital Surpluse | 59.5M | 1.6B | 11.9B | 12.1B | 13.9B | 14.6B | |
Capital Lease Obligations | 92.8M | 94.5M | 184.8M | 85.9M | 53.9M | 93.9M | |
Inventory | 219.3M | 329.1M | 589.1M | 130.9M | 144.9M | 261.7M | |
Other Current Assets | 6.6M | 74.4M | 482.7M | 198.9M | 508.4M | 533.9M | |
Other Stockholder Equity | 59.5M | 1.6B | 11.8B | 11.4B | 10.8B | 6.5B | |
Total Liab | 1.3B | 2.6B | 2.8B | 838.5M | 716.7M | 680.8M | |
Net Invested Capital | 106.3M | 1.5B | 13.5B | 15.6B | 15.6B | 8.5B | |
Long Term Investments | 5M | 4M | 2.0B | 4.9B | 7.0B | 7.4B | |
Property Plant And Equipment Gross | 156.7M | 166.2M | 319.4M | 162.9M | 299.8M | 202.8M | |
Total Current Assets | 1.2B | 3.9B | 14.0B | 11.2B | 9.0B | 7.2B | |
Accumulated Other Comprehensive Income | 181K | 322K | (147.5M) | 809.9M | 1.0B | 1.1B | |
Cash And Equivalents | 92.4M | 437.9M | 1.7B | 1.3B | 1.5B | 773.6M | |
Net Working Capital | 563.0M | 1.4B | 11.2B | 10.4B | 8.3B | 5.8B | |
Short Term Debt | 31.4M | 45.1M | 80.6M | 46.0M | 29.4M | 42.7M | |
Intangible Assets | 5.4M | 5.4M | 8.4M | 4.7M | 69.8M | 73.3M | |
Property Plant Equipment | 156.7M | 166.2M | 319.4M | 162.9M | 187.3M | 177.3M |
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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 Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
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When running RLX Technology's price analysis, check to measure RLX Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy RLX Technology is operating at the current time. Most of RLX Technology's value examination focuses on studying past and present price action to predict the probability of RLX Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move RLX Technology's price. Additionally, you may evaluate how the addition of RLX Technology to your portfolios can decrease your overall portfolio volatility.
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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 0.949 | Quarterly Revenue Growth 0.815 |
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.