Xpeng Inc (XPEV) - Net Assets
Based on the latest financial reports, Xpeng Inc (XPEV) has net assets worth $29.99 Billion USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($98.31 Billion) and total liabilities ($68.32 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Xpeng Inc asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $29.99 Billion |
| % of Total Assets | 30.51% |
| Annual Growth Rate | N/A |
| 5-Year Change | -9.16% |
| 10-Year Change | N/A |
| Growth Volatility | 14.54 |
Xpeng Inc - Net Assets Trend (2018–2024)
This chart illustrates how Xpeng Inc's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Xpeng Inc for the complete picture of this company's asset base.
Annual Net Assets for Xpeng Inc (2018–2024)
The table below shows the annual net assets of Xpeng Inc from 2018 to 2024. For live valuation and market cap data, see XPEV stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $31.27 Billion | -13.91% |
| 2023-12-31 | $36.33 Billion | -1.58% |
| 2022-12-31 | $36.91 Billion | -12.42% |
| 2021-12-31 | $42.15 Billion | +22.41% |
| 2020-12-31 | $34.43 Billion | +604.07% |
| 2019-12-31 | $-6.83 Billion | -212.57% |
| 2018-12-31 | $-2.19 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Xpeng Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 3930826400000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $125.00K | 0.00% |
| Other Comprehensive Income | $2.09 Billion | 6.69% |
| Other Components | $70.67 Billion | 225.97% |
| Total Equity | $31.27 Billion | 100.00% |
Xpeng Inc Competitors by Market Cap
The table below lists competitors of Xpeng Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bollore SA
PA:BOL
|
$12.34 Billion |
|
Kuang Chi Technologies Co Ltd
SHE:002625
|
$12.35 Billion |
|
Globus Medical
NYSE:GMED
|
$12.35 Billion |
|
Bajaj Holdings & Investment Limited
NSE:BAJAJHLDNG
|
$12.36 Billion |
|
Var Energi ASA
OL:VAR
|
$12.33 Billion |
|
Topbuild Corp
NYSE:BLD
|
$12.32 Billion |
|
Korea Zinc Inc
KO:010130
|
$12.32 Billion |
|
UPM-Kymmene Oyj
HE:UPM
|
$12.31 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Xpeng Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 36,328,527,000 to 31,274,788,000, a change of -5,053,739,000 (-13.9%).
- Net loss of 5,790,264,000 reduced equity.
- Other comprehensive income increased equity by 202,835,000.
- Other factors increased equity by 533,690,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-5.79 Billion | -18.51% |
| Other Comprehensive Income | $202.84 Million | +0.65% |
| Other Changes | $533.69 Million | +1.71% |
| Total Change | $- | -13.91% |
Book Value vs Market Value Analysis
This analysis compares Xpeng Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.96x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | $-2.75 | $15.83 | x |
| 2019-12-31 | $-8.59 | $15.83 | x |
| 2020-12-31 | $20.13 | $15.83 | x |
| 2021-12-31 | $25.65 | $15.83 | x |
| 2022-12-31 | $43.11 | $15.83 | x |
| 2023-12-31 | $20.87 | $15.83 | x |
| 2024-12-31 | $16.54 | $15.83 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Xpeng Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -18.51%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -14.17%
- • Asset Turnover: 0.49x
- • Equity Multiplier: 2.64x
- Recent ROE (-18.51%) is below the historical average (-13.05%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 0.00% | -14411.94% | 0.00x | 0.00x | $-1.18 Billion |
| 2019 | 0.00% | -159.04% | 0.25x | 0.00x | $-3.01 Billion |
| 2020 | -7.93% | -46.75% | 0.13x | 1.30x | $-6.17 Billion |
| 2021 | -11.54% | -23.17% | 0.32x | 1.56x | $-9.08 Billion |
| 2022 | -24.77% | -34.05% | 0.38x | 1.94x | $-12.83 Billion |
| 2023 | -28.56% | -33.82% | 0.36x | 2.32x | $-14.01 Billion |
| 2024 | -18.51% | -14.17% | 0.49x | 2.64x | $-8.92 Billion |
Industry Comparison
This section compares Xpeng Inc's net assets metrics with peer companies in the Auto Manufacturers industry.
Industry Context
- Industry: Auto Manufacturers
- Average net assets among peers: $742,053,600
- Average return on equity (ROE) among peers: -1417.94%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Xpeng Inc (XPEV) | $29.99 Billion | 0.00% | 2.28x | $12.34 Billion |
| Thunder Power Holdings, Inc. (AIEV) | $6.52 Million | -38.36% | 1.08x | $710.14K |
| Robo.ai Inc. (AIIO) | $10.17K | -145.77% | 13.28x | $157.60 Million |
| Arrival (ARVLF) | $221.31 Million | 0.01% | 0.04x | $1.84K |
| AYRO Inc (AYRO) | $68.94K | -12821.26% | 39.30x | $4.47 Million |
| Bollinger Innovations, Inc. (BINI) | $4.06 Million | -335.26% | 4.74x | $40.49K |
| Cenntro Electric Group Ltd (CENN) | $263.77 Million | -6.23% | 0.10x | $9.80 Million |
| Chijet Motor Company, Inc. Ordinary Shares (CJET) | $112.03 Million | -26.70% | 6.22x | $3.81 Million |
| China Yuchai International Limited (CYD) | $6.79 Billion | 16.65% | 1.39x | $1.50 Billion |
| Digital Currency X Technology Inc. (DCX) | $16.13 Million | -479.02% | 39.53x | $2.99 Million |
| Damon Inc. Common Stock (DMN) | $10.70 Million | -343.46% | 0.40x | $2.94 Million |
About Xpeng Inc
XPeng Inc. designs, develops, manufactures, and markets smart electric vehicles (EVs) in the People's Republic of China. The company offers P7 and P7i, a four-door sports sedan; G9, a smart EV and a mid- to large-sized sport utility vehicle (SUV); G6, a smart EV and a coupe SUV; X9, Smart EV and a large seven-seater multi-purpose vehicle (MPV); MONA M03, an all-electric hatchback coupe; and P7+, … Read more