XPeng Cash Flow Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	-1,139	-5,790	-10,376	-9,139	-4,863
Depreciation & Amortization	2,988	2,573	2,107	1,411	837.8
Stock-Based Compensation	564.33	473.66	550.54	710.49	379.95
Other Adjustments	-61.42	1,113	1,341	1,495	-1,033
Change in Receivables	386.51	246.26	1,138	-1,211	-1,561
Changes in Inventories	-5,772	-1,060	-2,359	-2,476	-1,940
Changes in Accounts Payable	14,083	870.05	7,956	1,861	7,250
Changes in Accrued Expenses	3,443	1,533	1,089	119.28	2,260
Changes in Income Taxes Payable	30.17	8.77	-21.91	4.92	21.53
Changes in Unearned Revenue	570.64	798.49	216.69	185.96	588.9
Changes in Other Operating Activities	-6,834	-2,777	-686.45	-1,194	-3,036
Operating Cash Flow	8,259	-2,012	956.16	-8,232	-1,095
Capital Expenditures	-3,156	-2,226	-2,096	-4,276	-2,300
Sale of Property, Plant & Equipment	52.43	169.54	8.38	77.06	24.12
Purchases of Intangible Assets	-191.19	-201.83	-215.18	-404.06	-2,018
Purchases of Investments	-146.04	-4,816	3,663	11,303	-29,067
Proceeds from Sale of Investments	-3,954	5,800	-1,015	-2,032	62.31
Payments for Business Acquisitions	-	-	174.34	-	-
Other Investing Activities	60.54	19.2	111.94	177.01	222.87
Investing Cash Flow	-7,334	-1,255	631.17	4,846	-33,076
Long-Term Debt Issued	8,870	10,718	8,272	6,801	2,500
Long-Term Debt Repaid	-8,355	-10,049	-5,276	-795.07	-982.9
Net Long-Term Debt Issued (Repaid)	514.76	669.32	2,996	6,006	1,517
Issuance of Common Stock	-	-	5,020	-	13,147
Net Common Stock Issued (Repurchased)	-	-	5,020	-	13,147
Other Financing Activities	-	-	-	-1.83	-36.92
Financing Cash Flow	514.76	669.32	8,015	6,004	14,627
Effect of Exchange Rate Changes on Cash and Cash Equivalents	222.63	35.74	-14.58	461.74	-363.28
Net Cash Flow	1,661	-2,562	9,588	3,079	-19,907
Free Cash Flow	5,103	-4,238	-1,140	-12,508	-3,394
FCF Margin	6.65%	-10.37%	-3.72%	-46.58%	-16.17%
Free Cash Flow Per Share	5.36	-4.48	-1.31	-14.61	-4.13
Levered Free Cash Flow	4,728	-5,402	-1,175	-7,497	336.76
Unlevered Free Cash Flow	2,581	-6,939	-4,684	-13,093	-2,932

SEC Filings: 10-K · 10-Q