XPeng (XPEV) - Net Assets

Net assets on the balance sheet as of September 2024 : £3.43 Billion

According to XPeng's latest financial reports the company has £3.43 Billion 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
2023-12-31	$£4.03 B	-8.81%
2022-12-31	$£4.42 B	-9.72%
2021-12-31	$£4.90 B	26.52%
2020-12-31	$£3.87 B	-619.38%
2019-12-31	$-£0.75 Billion	197.88%
2018-12-31	$-£0.26 Billion

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
The Shyft Group SHYF	£0.18 B	-94.56%	🇺🇸 USA
Nikola NKLA	£0.28 B	-91.70%	🇺🇸 USA
NIO NIO	£1.72 B	-49.82%	🇨🇳 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 September 2024 : £3.43 Billion