XPeng (XPEV) - Net Assets

Net assets on the balance sheet as of September 2024 : C$6.58 Billion

According to XPeng's latest financial reports the company has C$6.58 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	$C$7.26 B	-13.85%
2021-12-31	$C$8.42 B	25.23%
2020-12-31	$C$6.73 B	-627.08%
2019-12-31	$-C$1.28 Billion	195.04%
2018-12-31	$-C$0.44 Billion

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
The Shyft Group SHYF	C$0.36 B	-94.47%	🇺🇸 USA
Nikola NKLA	C$0.54 B	-91.70%	🇺🇸 USA
NIO NIO	C$3.30 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 : C$6.58 Billion