RLX TechnologyRLX +2.63%68 Quick Ratio is 8.26 as of Mar. 2026, which is at its 10-year median of 8.26. GuruFocus rates RLX with a GF Score™ of 68/100 and a GF Value™ of $4.06 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 49 Tobacco Products companies, RLX Technology ranks better than 97.96% on this metric.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. RLX Technology's quick ratio for the quarter that ended in Mar. 2026 was 8.26.
RLX Technology has a quick ratio of 8.26. It generally indicates good short-term financial strength.
The historical rank and industry rank for RLX Technology's Quick Ratio or its related term are showing as below:
RLX'
s Quick Ratio Range Over the Past 10 Years
Min: 0.92 Med: 8.26 Max: 19.92
Current: 8.26
During the past 8 years, RLX Technology's highest Quick Ratio was 19.92. The lowest was 0.92. And the median was 8.26.
RLX's Quick Ratio is ranked better than 97.96% of 49
companies
in the Tobacco Products industry
Industry Median: 0.93
vs RLX: 8.26
RLX Technology (NYSE:RLX) Quick Ratio Explanation
The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.
In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.
The higher the quick ratio, the better the company's liquidity position.
RLX Technology Quick Ratio Related Terms
RLX Technology Quick Ratio Historical Data
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The historical data trend for RLX Technology's Quick Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Tobacco subindustry, RLX Technology's Quick Ratio, along with its competitors' market caps and Quick Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
RLX Technology Quick Ratio vs Tobacco Products Industry
For the Tobacco Products industry and Consumer Defensive sector, RLX Technology's Quick Ratio distribution charts can be found below:
* The bar in red indicates where RLX Technology's Quick Ratio falls into.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.
RLX Technology's Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
RLX Technology (RLX) has a Quick Ratio of 8.26 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on RLX Technology and its competitors. This is near median its historical median of 8.26. Over the past decade, RLX Technology's Quick Ratio has ranged from 0.92 to 19.92. According to the industry distribution chart, RLX Technology ranks #1 out of 49 companies in the Tobacco Products industry, placing it in the top 2%.
Is RLX Technology's Quick Ratio too high?
RLX Technology's current Quick Ratio of 8.26 is near median its 10-year median of 8.26. Over the past 10 years, this metric has ranged from a low of 0.92 to a high of 19.92. The Tobacco Products industry median Quick Ratio is 0.93. RLX Technology's value of 8.26 is 788.2% above this industry median. Based on the distribution chart, RLX Technology ranks #1 out of 49 companies in the Tobacco Products industry, which is in the top quartile — a strong position relative to peers. Overall, RLX Technology has a GF Score™ of 68/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does RLX Technology's Quick Ratio compare to TPB and UVV?
According to the Tobacco Products industry distribution chart, RLX Technology ranks #1 out of 49 companies for Quick Ratio. This places RLX Technology in the top 2% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 0.93. RLX Technology's value of 8.26 is 788.2% above this benchmark. Historically, RLX Technology's own Quick Ratio has ranged from 0.92 to 19.92 over the past decade. While the company's 10-year median is 8.26 vs. the industry median of 0.93, RLX Technology has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Quick Ratio for a Tobacco Products company?
The median Quick Ratio among Tobacco Products companies is 0.93, based on 49 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. RLX Technology's current Quick Ratio of 8.26 is 788.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on RLX Technology and its competitors. For the Tobacco Products industry, the median Quick Ratio is 0.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RLX Technology's current Quick Ratio is 8.26, which is near median its own 10-year median of 8.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RLX Technology stock overvalued right now?
Based on GuruFocus' analysis, RLX Technology (RLX) is currently considered Significantly Undervalued. The stock's GF Value™ is $4.06, compared to a current price of $1.95 — trading 52% below its estimated fair value. The current Quick Ratio is 8.26, which is near median its 10-year median of 8.26 and 788.2% above the Tobacco Products industry median of 0.93. RLX Technology's overall GF Score™ is 68/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For RLX Technology (RLX), the current Quick Ratio is 8.26 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is RLX Technology (RLX) Overvalued in 2026?
Based on GuruFocus' analysis, RLX Technology stock appears to be undervalued.
The current stock price of $1.95 is trading 52% below its estimated GF Value™ of $4.06.
GuruFocus considers RLX Technology to be Significantly Undervalued.
Key valuation signals for RLX:
Quick Ratio: 8.26 (near median its 10-year median of 8.26)
GF Value™: $4.06 vs. price of $1.95 (52% below fair value)
Industry Position: 788.2% above the Tobacco Products median (#1 of 49)
No single metric tells the full story. See the RLX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
RLX Technology Inc is engaged in the manufacturing of e-vapor products for adult smokers. It has an integrated offline distribution and "Branded store plus" retail model tailored to China's e-vapor market. The company has two reportable segments, Core Markets and Europe Acquisition. The majority of the revenue is earn from Core Markets segment.
68GF Score
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