NIO Inc.(NIO) Stock Research - Grey Stern Research
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NIO Inc. (NIO) Stock Analysis

$4.28 (2.39%)

NIO Financial Performance


Use the table below to view NIO Inc.'s financial profile. This data is gathers from the latest available financial statements. Annual data is taken from the trailing 12 months of statements. All numbers are reported in US Dollars and so any foreign currencies are converted to USD so comparison's can be done.

Based on Financial Statements from Q3 - 2024

Metric Value Ranking among Peers
Price $4.28 -
52 Week Low $3.61 -
52 Week High $7.71 -
Market Cap $8.8 Billion 6/9
Gross Margin 11% 5/9
Profit Margin -28% 6/9
EBITDA margin -26% 5/9
Q3 - 2024 Revenue $4.3 Billion 4/9
Q3 - 2024 Earnings -$1.2 Billion 9/9
Q3 - 2024 Free Cash Flow $0 Billion 3/9
Trailing 4 Quarters Revenue $14.5 Billion 4/9
Trailing 4 Quarters Earnings -$4.9 Billion 7/9
Quarterly Earnings Growth -11% 6/9
Annual Earnings Growth 8% 3/9
Quarterly Revenue Growth -2% 7/9
Annual Revenue Growth 39% 3/9
Cash On Hand $5.5 Billion 4/9
Short Term Debt $2.8 Billion 2/9
Long Term Debt $5.0 Billion 4/9

NIO Inc. Financial Metrics


Financial metrics are a set of useful numbers that can give key performance indicators of a company. The various metrics can include information about profitability, growth, and debt load. When combined and use properly they can tell an analyst a compelling fact-based story of how the company is currently performing. To compare NIO Inc.'s metrics versus it's peers make sure to run our peer analysis tool.

Valuation Metrics

Metric Value Ranking among Peers
PE -1.00 4/9
PS 2.64 7/9
PB 2.39 2/9
PC 1.61 7/9
Liabilities to Equity 7.75 2/9
ROA -0.05 5/9
ROE -0.43 5/9
Current Ratio 1.18 7/9
Quick Ratio 0.42 6/9
Long Term Debt to Equity 1.93 3/9
Debt to Equity 2.99 3/9
Burn Rate 4.70 2/9
Cash to Cap 0.62 3/9
CCR 0.00 7/9
EV to EBITDA -2.52 4/9
EV to Revenue 0.83 8/9

Company Details

NIO Inc. designs, develops, manufactures, and sells smart electric vehicles in China. It offers five, six, and seven-seater electric SUVs, as well as smart electric sedans. The company is also involved in the provision of energy and service packages to its users; design and technology development activities; manufacture of e-powertrains, battery packs, and components; and sales and after sales management activities. In addition, it offers power solutions, including Power Home, a home charging solution; Power Swap, a battery swapping service; Power Charger, a fast-charging solution; Power Mobile, a mobile charging service through charging vans; Power Map, an application that provides access to a network of public chargers and their real-time information; and One Click for Power valet service, where it offers vehicle pick up, charging, and swapping services. Further, the company provides repair, maintenance, and bodywork services through its NIO service centers and authorized third-party service centers; statutory and third-party liability insurance, and vehicle damage insurance through third-party insurers; courtesy vehicle services; roadside assistance; data packages; and auto financing and financial leasing services. Additionally, it offers NIO Certified, a used vehicle inspection, evaluation, acquisition, and sales service. The company was formerly known as NextEV Inc. and changed its name to NIO Inc. in July 2017. NIO Inc. was incorporated in 2014 and is headquartered in Shanghai, China.

CEO: Mr. Bin Li

Website: https://www.nio.com

Address: Building 20, No. 56 Antuo Road, Jiading District Shanghai, SHANGHAI

Exchange: New York Stock Exchange

Industry: Auto Manufacturers

NIO Inc. Peer Analysis


A useful and more reliable way of seeing the health of a company is to compare it to other companies operating in the same sector. Below is our list of companies which we rank are the closest peers to NIO Inc.. If you feel that peers should be added or removed from this list please contact us. To run an in-depth peer analysis which compares many financial metrics click on the link below.

Stock Ticker Market Cap
Ford Motor Company F $39.2 Billion
Tesla, Inc. TSLA $1.3 Trillion
XPeng Inc. XPEV $13.3 Billion
Fisker Inc. FSR $52.8 Million
Li Auto Inc. LI $22.8 Billion
Lucid Group, Inc. LCID $8.0 Billion
Mullen Automotive, Inc. MULN $18.4 Million
Rivian Automotive, Inc. RIVN $12.9 Billion
Run Peer Analysis
Income Statement
Balance Sheet
Cash Flow Statement
NIO Income Statements
Quarter Year Revenue Earnings
Q3 2024 ¥ 18.7 Billion -¥5.1 Billion
Q2 2024 ¥ 17.4 Billion -¥5.1 Billion
Q1 2024 ¥ 9.9 Billion -¥5.3 Billion
Q4 2023 ¥ 17.1 Billion -¥5.6 Billion
Q3 2023 ¥ 19.1 Billion -¥4.6 Billion
Q2 2023 ¥ 8.8 Billion -¥6.1 Billion
Q1 2023 ¥ 10.7 Billion -¥4.7 Billion
Q4 2022 ¥ 16.1 Billion -¥5.8 Billion

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NIO Balance Sheets
Quarter Year Cash & Equivalents Total Assets Total Debt Total Equity
Q3 2024 ¥23.8 Billion ¥104.0 Billion ¥33.9 Billion ¥16.1 Billion
Q2 2024 ¥24.7 Billion ¥100.5 Billion ¥33.1 Billion ¥20.7 Billion
Q1 2024 ¥23.8 Billion ¥104.2 Billion ¥32.7 Billion ¥24.7 Billion
Q4 2023 ¥32.9 Billion ¥117.4 Billion ¥50.4 Billion ¥25.7 Billion
Q3 2023 ¥24.1 Billion ¥102.5 Billion ¥32.2 Billion ¥19.7 Billion
Q2 2023 ¥13.7 Billion ¥87.4 Billion ¥28.4 Billion ¥14.5 Billion
Q1 2023 $14.8 Billion $89.3 Billion $28.4 Billion $19.6 Billion
Q4 2022 ¥19.9 Billion ¥96.3 Billion ¥23.7 Billion ¥23.9 Billion

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NIO Cash Flow Statements
Quarter Year freeCashFlow capitalExpenditure netChangeInCash
Q3 2024 ¥0 ¥0 ¥0
Q2 2024 ¥0 ¥0 ¥0
Q1 2024 ¥0 ¥0 ¥0
Q4 2023 ¥0 ¥0 ¥0
Q3 2023 $0 $0 $1.7 Billion
Q2 2023 $0 $0 -$380.1 Million
Q4 2022 -$1.9 Billion $1.9 Billion -$12.1 Billion
Q1 2023 $0 $0 -$753.4 Million

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