Xpeng (XPEV) Asset Utilization Ratio (2020 - 2026)
Xpeng (XPEV) posted quarterly Asset Utilization Ratio of 0.72 for Q1 2026, up 21.96% YoY from 0.59 in Q1 2025, and down 5.38% sequentially from 0.76 in Q4 2025.
Xpeng (XPEV) Asset Utilization Ratio (2020 - 2026) Analysis & Trends
Xpeng has disclosed Asset Utilization Ratio across 7 years of filings, most recently posting 0.72 for Q1 2026.
- In Q1 2026, Asset Utilization Ratio rose 21.96% year-over-year to 0.72; the TTM figure through Mar 2026 stood at 0.72 (up 21.96% YoY), while the FY2025 annual figure was 0.84, up 74.18% from the prior year.
- Asset Utilization Ratio slipped to 0.72 in Q1 2026, from 0.76 in the prior quarter.
- Over the last five years, Asset Utilization Ratio for XPEV reached as high as 0.76 in Q4 2025 and fell as low as 0.31 in Q2 2023.
- The 5-year median for Asset Utilization Ratio is 0.45 (2022), against an average of 0.49.
- Annual changes were most pronounced in 2022 — Asset Utilization Ratio soared 111.25% — and 2023, when it fell 27.77%.
- A 5-year view of Asset Utilization Ratio shows it stood at 0.39 in 2022, then climbed by 1.42% to 0.4 in 2023, then grew by 27.44% to 0.51 in 2024, then surged by 48.64% to 0.76 in 2025, then decreased by 5.38% to 0.72 in 2026.
- According to Business Quant data, Asset Utilization Ratio over the past three periods registered 0.72, 0.76, and 0.74 for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,375.42 Bn | 1,330.73 Bn | 4.72 Bn | 0.70 |
| 2 | Ford Motor | 78.30 Bn | 47.85 Bn | 7.94 Bn | 0.66 |
| 3 | General Motors | 68.82 Bn | 46.43 Bn | 4.32 Bn | 0.61 |
| 4 | Xpeng | 40.80 Bn | 38.26 Bn | 388.90 Mn | 0.72 |
| 5 | Rivian Automotive | 21.46 Bn | 16.65 Bn | 119.00 Mn | 0.38 |
| 6 | Li Auto | 12.40 Bn | -965.30 Mn | 262.11 Mn | 0.73 |
| 7 | Nio | 12.31 Bn | 9.20 Bn | 704.43 Mn | 0.80 |
| 8 | VinFast Auto | 7.23 Bn | 91,500.01 Bn | -17,004.89 Bn | 0.53 |
| 9 | Lucid | 2.18 Bn | 1.48 Bn | -311.71 Mn | 0.18 |
| 10 | China Yuchai International | 1.74 Bn | 678.93 Mn | 317.01 Mn | 1.32 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.72 |
| Dec 31, 2025 | 0.76 |
| Sep 30, 2025 | 0.74 |
| Jun 30, 2025 | 0.67 |
| Mar 31, 2025 | 0.59 |
| Dec 31, 2024 | 0.51 |
| Sep 30, 2024 | 0.50 |
| Jun 30, 2024 | 0.47 |
| Mar 31, 2024 | 0.40 |
| Dec 31, 2023 | 0.40 |
| Sep 30, 2023 | 0.34 |
| Jun 30, 2023 | 0.31 |
| Mar 31, 2023 | 0.34 |
| Dec 31, 2022 | 0.39 |
| Sep 30, 2022 | 0.45 |
| Jun 30, 2022 | 0.43 |
| Mar 31, 2022 | 0.38 |
| Dec 31, 2021 | 0.33 |
| Sep 30, 2021 | 0.28 |
| Jun 30, 2021 | 0.25 |