We apply Forelli--Rudin construction and Nakazawa's hodograph transformation to prove a graph theoretic closed formula for invariant theoretic coefficients in the asymptotic expansion of the Szegö kernel on strictly pseudoconvex complete Reinhardt domains. The formula provides a structural analogy between the asymptotic expansion of the Bergman and Szegö kernels. It can be used to effectively compute the first terms of Fefferman's asymptotic expansion in CR invariants. Our method also works for the asymptotic expansion of the Sobolev--Bergman kernel introduced by Hirachi and Komatsu.
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