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XPeng (XPEV) Buildings And Improvements : $578 Mil (As of Dec. 2023)


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What is XPeng Buildings And Improvements?

XPeng's quarterly buildings and improvements stayed the same from Jun. 2023 ($0 Mil) to Sep. 2023 ($0 Mil) but then increased from Sep. 2023 ($0 Mil) to Dec. 2023 ($578 Mil).

XPeng's annual buildings and improvements increased from Dec. 2021 ($135 Mil) to Dec. 2022 ($317 Mil) and increased from Dec. 2022 ($317 Mil) to Dec. 2023 ($578 Mil).


XPeng Buildings And Improvements Historical Data

The historical data trend for XPeng's Buildings And Improvements can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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XPeng Buildings And Improvements Chart

XPeng Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Buildings And Improvements
Get a 7-Day Free Trial - 111.15 135.11 316.55 577.83

XPeng Quarterly Data
Dec18 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Buildings And Improvements Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 316.55 - - - 577.83

XPeng Buildings And Improvements Calculation

Buildings are typically valued at the time of acquisition or construction.  Broker and architect fees, permits, etc. can be covered within this category.  Building components, such as a roof, are normally recorded separately in an asset register since the value and useful lives of these components equal much less than the building itself.

Building improvements that extend the useful life of a building will fall into the category of “building improvements” and should be capitalized.  Improvements are commonly recorded at acquisition cost.  Building improvement examples include roofing, remodeling, replacements, etc.


XPeng (XPEV) Business Description

Address
No. 8 Songgang Road, Changxing Street, Cencun, Tianhe District, Guangdong, Guangzhou, CHN, 510640
Founded in 2015, XPeng is a leading Chinese smart electric vehicle, or EV, company that designs, develops, manufactures and markets EVs in China. Its products primarily target the growing base of technology-savvy middle-class consumers in the midrange to high-end segment in China's passenger vehicle market. The company sold over 120,000 EVs in 2022, accounting for about 2% of China's passenger new energy vehicle market. It is also a leader in autonomous driving technology.