NIO (NIO)
(Delayed Data from NYSE)
$4.49 USD
+0.36 (8.72%)
Updated Apr 26, 2024 04:02 PM ET
After-Market: $4.49 0.00 (0.00%) 7:58 PM ET
4-Sell of 5 4
F Value D Growth C Momentum F VGM
Company Summary
Founded in 2014, Shanghai-headquartered NIO is a pioneer in China’s EV market. Often touted as the ‘Tesla of China’, NIO went public on New York Stock Exchange in 2018. NIO’s unique selling proposition is to provide EVs at competitive pricing. Importantly, NIO does not really manufacture its own cars. It contracts state-owned JAC Motors, headquartered in eastern China’s Anhui province, to make vehicles. In turn, JAC charges fee for every car. In fact, NIO does not have a dealership network and instead sells its vehicles through apps and a network ...
Company Summary
Founded in 2014, Shanghai-headquartered NIO is a pioneer in China’s EV market. Often touted as the ‘Tesla of China’, NIO went public on New York Stock Exchange in 2018. NIO’s unique selling proposition is to provide EVs at competitive pricing. Importantly, NIO does not really manufacture its own cars. It contracts state-owned JAC Motors, headquartered in eastern China’s Anhui province, to make vehicles. In turn, JAC charges fee for every car. In fact, NIO does not have a dealership network and instead sells its vehicles through apps and a network of swanky NIO Houses, located in some of the most expensive areas of China’s largest cities.
In 2016, NIO introduced its first model, EP9, an electric-powered, two-seat sports car. In 2017, it launched its first volume manufactured EV, the seven-seater SUV ES8, whose deliveries commenced in 2018. Equipped with its proprietary e-propulsion system, the EV has a maximum range of up to 500 kilometers on a single recharge. NIO’s second volume manufactured EV, the ES6, a 5-seater high-performance premium electric SUV, was launched in 2018. NIO began deliveries of the ES6 model — with a range of up to 610 kilometers on a single recharge — in 2019. In 2020, NIO began the deliveries of its EC6 model which is a 5-seater premium smart electric coupe SUV. The vehicle offers long-range driving capabilities of more than 380 miles on a single recharge and acceleration from 0 to 60 mph in around 4.7 seconds.
NIO launched the ET7 model at NIO Day 2020, deliveries of which began in March 2022. At its 2021 NIO Day Event, the company unveiled a new mid-sized electric sedan, the ET5. Deliveries of ET5 commenced on Sep 30, 2022. Deliveries of EC7 and EL7 began in 2023.
During the year ended December 2023, NIO’s revenues came in at $7,833.6 million. Full-year deliveries totaled 160,038 in 2023. As of Dec 31, 2023, NIO delivered a total of 449,594 vehicles cumulatively.
NIO is a rising player in the industry and is currently riding the EV wave. State backing coupled with strategic partnership with Mobileye and BAAS (Battery-as-a-Service) offering are expected to be key growth drivers. However, NIO will face a tough competition ahead as the race for EV supremacy will only get fiercer in the coming years.
General Information
NIO Inc
BUILDING 19 NO. 1355 CAOBAO ROAD MINHANG DISTRICT
SHANGHAI, F4 200233
Phone: 86-21-6908-2018
Fax: NA
Web: http://www.nio.com
Email: ir@nio.com
Industry | Automotive - Foreign |
Sector | Auto-Tires-Trucks |
Fiscal Year End | December |
Last Reported Quarter | 3/31/2024 |
Exp Earnings Date | 6/14/2024 |
EPS Information
Current Quarter EPS Consensus Estimate | -0.31 |
Current Year EPS Consensus Estimate | -1.26 |
Estimated Long-Term EPS Growth Rate | 20.00 |
Exp Earnings Date | 6/14/2024 |
Price and Volume Information
Zacks Rank | |
Yesterday's Close | 4.13 |
52 Week High | 16.18 |
52 Week Low | 3.61 |
Beta | 1.93 |
20 Day Moving Average | 43,539,268.00 |
Target Price Consensus | 7.51 |
4 Week | -8.22 |
12 Week | -27.67 |
YTD | -54.47 |
4 Week | -4.48 |
12 Week | -29.71 |
YTD | -56.98 |
Shares Outstanding (millions) | 1,719.11 |
Market Capitalization (millions) | 7,099.91 |
Short Ratio | NA |
Last Split Date | NA |
Dividend Yield | 0.00% |
Annual Dividend | $0.00 |
Payout Ratio | NA |
Change in Payout Ratio | NA |
Last Dividend Payout / Amount | NA / $0.00 |
Fundamental Ratios
P/E (F1) | NA |
Trailing 12 Months | NA |
PEG Ratio | NA |
vs. Previous Year | 11.76% |
vs. Previous Quarter | -21.62% |
vs. Previous Year | 3.43% |
vs. Previous Quarter | -7.82% |
Price/Book | 1.96 |
Price/Cash Flow | NA |
Price / Sales | 0.91 |
3/31/24 | NA |
12/31/23 | -110.72 |
9/30/23 | -114.38 |
3/31/24 | NA |
12/31/23 | -21.32 |
9/30/23 | -22.81 |
3/31/24 | NA |
12/31/23 | 1.22 |
9/30/23 | 1.09 |
3/31/24 | NA |
12/31/23 | 1.13 |
9/30/23 | 0.97 |
3/31/24 | NA |
12/31/23 | -38.09 |
9/30/23 | -39.26 |
3/31/24 | NA |
12/31/23 | -38.09 |
9/30/23 | -39.26 |
3/31/24 | NA |
12/31/23 | -36.78 |
9/30/23 | -38.49 |
3/31/24 | NA |
12/31/23 | 2.11 |
9/30/23 | 1.27 |
3/31/24 | NA |
12/31/23 | 7.77 |
9/30/23 | 6.84 |
3/31/24 | NA |
12/31/23 | 0.51 |
9/30/23 | 0.76 |
3/31/24 | NA |
12/31/23 | 39.64 |
9/30/23 | 50.04 |