XPENG INC.
XPEVdata completeness 100%1 fiscal years on fileXPENG INC. earns about -30% on invested capital, with a roughly flat share count. The cash-flow models don't apply cleanly here — the ledger says why below.Whether it’s worth owning at today’s price is the last question — and yours to answer, below.
| Figure | FY 2020 |
|---|---|
| Revenue | $895.7M1 |
| Net income | −$418.7M2 |
| Operating cash flow | −$21.4M3 |
| Capital expenditure | $123.5M4 |
| Free cash flow (derived) | −$145M3 |
| Total debt | $278.6M5 |
| Cash & equivalents | $4.48B6 |
| Diluted shares | 754.3M |
Superscripts are receipts. Each links to the SEC filing the number came from (full list at the bottom).
10 shares is a claim on $69.96 of net worth that earned you −$5.55 and generated −$1.92 of cash last year, against $3.69 of debt.
It earned an average -30% on invested capital over 1 years. Compare that to what it costs to fund the business.
seeing a moat in the numbers →Share count is roughly flat over 1 years — little dilution, little buyback. Total debt has held roughly steady.
reading capital allocation →Signals, not verdicts — read from the filings above. Numbers don’t prove a moat; they show its footprint. You decide.
Different models answer different questions — which to trust when →
- 20-F · period ending 2020-12-31 · accession 0001193125-21-118515 (Revenues)
- 20-F · period ending 2020-12-31 · accession 0001193125-21-118515 (NetIncomeLoss)
- 20-F · period ending 2020-12-31 · accession 0001193125-21-118515 (NetCashProvidedByUsedInOperatingActivities)
- 20-F · period ending 2020-12-31 · accession 0001193125-21-118515 (PaymentsToAcquirePropertyPlantAndEquipment)
- 20-F · period ending 2020-12-31 · accession 0001193125-21-118515 (LongTermDebtNoncurrent)
- 20-F · period ending 2020-12-31 · accession 0001193125-21-118515 (CashAndCashEquivalentsAtCarryingValue)