XPeng (XPEV) - Net Assets

Net assets on the balance sheet as of June 2024 : S$6.29 Billion

According to XPeng's latest financial reports the company has S$6.29 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
2022-12-31	$S$7.17 B	-19.76%
2021-12-31	$S$8.94 B	28.04%
2020-12-31	$S$6.98 B	-629.78%
2019-12-31	$-S$1.32 Billion	203.67%
2018-12-31	$-S$0.44 Billion

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
The Shyft Group SHYF	S$0.33 B	-94.60%	🇺🇸 USA
Nikola NKLA	S$0.50 B	-91.90%	🇺🇸 USA
NIO NIO	S$3.83 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 : S$6.29 Billion