XPeng (XPEV) - Net Assets

Net assets on the balance sheet as of June 2024 : £3.56 B

According to XPeng's latest financial reports the company has £3.56 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

XPeng - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$£4.42 B	-9.48%
2021-12-31	$£4.88 B	26.39%
2020-12-31	$£3.86 B	-624.81%
2019-12-31	$-£0.74 B	195.87%
2018-12-31	$-£0.25 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
The Shyft Group SHYF	£0.18 B	-94.68%	🇺🇸 USA
Nikola NKLA	£0.39 B	-88.81%	🇺🇸 USA
NIO NIO	£2.17 B	-39.08%	🇨🇳 China

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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XPeng (XPEV) - Net assets

Net assets on the balance sheet as of June 2024 : £3.56 B