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XPeng (XPEV) Construction In Progress : $233 Mil (As of Dec. 2024)


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What is XPeng Construction In Progress?

XPeng's quarterly construction in progress declined from Jun. 2024 ($133 Mil) to Sep. 2024 ($0 Mil) but then increased from Sep. 2024 ($0 Mil) to Dec. 2024 ($233 Mil).

XPeng's annual construction in progress declined from Dec. 2022 ($560 Mil) to Dec. 2023 ($110 Mil) but then increased from Dec. 2023 ($110 Mil) to Dec. 2024 ($233 Mil).

XPeng Construction In Progress Historical Data

The historical data trend for XPeng's Construction In Progress 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 Construction In Progress Chart

XPeng Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Construction In Progress
Get a 7-Day Free Trial 39.93 279.65 560.21 109.60 232.70

XPeng Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Construction In Progress 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 109.60 - 133.48 - 232.70

XPeng Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

XPeng Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » XPeng Inc (NYSE:XPEV) » Definitions » Construction In Progress
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Traded in Other Exchanges
XPNGF:USA XPEV N:Mexico 09868:Hong Kong 8XPA:Germany
Address
No. 8 Songgang Road, Changxing Street, Cencun, Tianhe District, Guangdong, Guangzhou, CHN, 510640
Website
https://www.xiaopeng.com
Founded in 2015, XPeng is a leading Chinese smart electric vehicle 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 190,000 EVs in 2024, accounting for about 2% of China's passenger new energy vehicle market. It is also a leader in autonomous driving technology.