NIO Inc
NIO
3.54
+0.06
+1.72%
NIO Inc
US · NIO
#1626 by market cap
Listed 2018
3.54
+0.06
+1.72%
Live - 5344 symbols - heartbeat 379s ago
· 2026-10-08 08:29
Pre-market
3.48
-1.69%
After-hours
3.54
0.00%
Overnight
3.48
-1.69%
- Market cap
- 8.87B
- P/E (TTM)i
- -13.36
- P/Bi
- 14.63
- EPSi
- -1.02
- Div yieldi
- 0.00%
- 52W posi
- 4%
Reader sentiment
Are you bullish or bearish on NIO?
Anonymous reader poll. Unscientific, not investment advice.
✦ Quant Financial Health how this is computed
Weak
- Altman Z-Score is -1.08, below the 1.8 "distress zone" threshold.
- Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.
Revenue annual, last 8 years
Latest year +33.10% YoY
Margins
- Gross margin
- 13.62%
- Operating margin
- -16.05%
- Net margin
- -17.80%
Key ratios & quality
- Enterprise valuei
- 13.61B
- Altman Z-Scorei
- -1.08
Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.
Income statement
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 4.95B | 7.82B | 16.26B | 36.14B | 49.27B | 55.62B | 65.73B | 87.49B |
| Gross profit | -255.88M | -1.20B | 1.87B | 6.82B | 5.14B | 3.05B | 6.49B | 11.92B |
| Selling & admin expenses | 5.09B | 4.89B | 3.53B | 6.29B | 9.72B | 11.95B | 14.45B | 14.76B |
| Research & development | 4.00B | 4.43B | 2.49B | 4.59B | 10.84B | 13.43B | 13.04B | 10.60B |
| Operating profit | -9.60B | -11.08B | -4.61B | -4.50B | -15.64B | -22.66B | -21.87B | -14.04B |
| Pretax profit | -9.62B | -11.29B | -5.30B | -3.97B | -14.38B | -20.46B | -22.42B | -14.82B |
| Tax | 22.04M | 7.89M | 6.37M | 42.27M | 55.10M | 260.84M | -22.82M | 121.88M |
| Net profit | -9.64B | -11.30B | -5.30B | -4.02B | -14.44B | -20.72B | -22.40B | -14.94B |
| Basic EPS | -70 | -11 | -5 | -7 | -9 | -12 | -11 | -7 |
| Diluted EPS | -70.23 | -11.08 | -4.74 | -6.72 | -8.89 | -12.44 | -11.03 | -6.85 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Revenue | 12.03B | 19.01B | 21.79B | 34.65B | 25.53B | 32.14B |
| Gross profit | 919.55M | 1.90B | 3.02B | 6.07B | 4.86B | 5.91B |
| Selling & admin expenses | 4.40B | 3.96B | 4.18B | 2.21B | 3.50B | 4.42B |
| Research & development | 3.18B | 3.01B | 2.39B | 2.03B | 1.89B | 2.14B |
| Operating profit | -6.42B | -4.91B | -3.52B | 807.27M | -308.81M | -347.22M |
| Pretax profit | -6.75B | -4.95B | -3.42B | 300.00M | -319.96M | -495.18M |
| Tax | 4.63M | 42.94M | 57.03M | 17.28M | 12.12M | 32.83M |
| Net profit | -6.75B | -4.99B | -3.48B | 282.72M | -332.08M | -528.01M |
| Basic EPS | -3 | -2 | -2 | 0 | 0 | 0 |
| Diluted EPS | -3.29 | -2.31 | -1.51 | 0.05 | -0.20 | -0.29 |
Balance sheet
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Total current assets | 12.17B | 4.93B | 46.21B | 63.64B | 59.15B | 70.38B | 61.89B | 76.63B |
| Cash & ST investments | 8.29B | 973.84M | 42.38B | 52.39B | 39.06B | 38.22B | 22.09B | 11.66B |
| Inventory | 1.47B | 889.53M | 1.08B | 2.06B | 8.19B | 5.28B | 7.09B | 8.53B |
| Total assets | 18.84B | 14.58B | 54.64B | 82.88B | 96.26B | 117.38B | 107.60B | 124.40B |
| Total current liabilities | 8.59B | 9.50B | 13.98B | 29.20B | 45.85B | 57.80B | 62.31B | 78.58B |
| Short-term debt | 2.07B | 1.86B | 2.51B | 8.07B | 18.85B | 11.59B | 11.09B | 7.77B |
| Long-term debt | 1.17B | 7.15B | 5.94B | 9.74B | 10.89B | 13.04B | 11.44B | 8.63B |
| Total liabilities | 12,021,407,000.00 | 20,859,628,000.00 | 22,779,686,000.00 | 48,098,044,000.00 | 72,174,386,000.00 | 87,787,186,000.00 | 94,098,069,000.00 | 111,708,521,000.00 |
| Total equity | 6.82B | -6.28B | 31.86B | 34.79B | 24.09B | 29.60B | 13.51B | 12.69B |
| Retained earnings | -35.04B | -46.33B | -51.65B | -55.63B | -69.91B | -90.76B | -113.07B | -128.03B |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Total current assets | 49.79B | 52.51B | 63.06B | 76.63B | 79.34B | 89.25B |
| Cash & ST investments | 19.72B | 17.80B | 24.11B | 11.66B | 31.77B | 43.09B |
| Inventory | 8.70B | 8.24B | 7.48B | 8.53B | 8.58B | 11.09B |
| Total assets | 98.16B | 100.05B | 112.04B | 124.40B | 126.20B | 136.21B |
| Total current liabilities | 59.49B | 62.28B | 67.32B | 78.58B | 78.60B | 87.62B |
| Short-term debt | 9.70B | 9.03B | 8.67B | 7.77B | 8.46B | 11.02B |
| Long-term debt | 9.29B | 9.11B | 8.72B | 8.63B | 8.39B | 8.55B |
| Total liabilities | 98,435,542,000.00 | 93,429,881,000.00 | 99,955,854,000.00 | 111,708,521,000.00 | 111,701,285,000.00 | 121,943,115,000.00 |
| Total equity | -271.84M | 6.62B | 12.09B | 12.69B | 14.49B | 14.27B |
| Retained earnings | -- | -124.81B | -- | -128.03B | -- | -- |
Cash flow
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -7.91B | -8.72B | 1.95B | 1.97B | -3.87B | -1.38B | -7.85B | 2.99B |
| Depreciation & amortization | 474.22M | 1.52B | 1.55B | 2.35B | 3.99B | 4.91B | 7.70B | 9.38B |
| Free cash flow | -10.56B | -10.43B | 823.21M | -2.11B | -10.84B | -15.72B | -16.99B | -3.07B |
| Dividends paid | -- | -- | -- | -- | -- | -- | -- | -- |
| Stock buybacks / issuance | 7.52B | 0 | 34.61B | 12.68B | 0 | 20.96B | 0 | 11.85B |
| Ending cash balance | 3.22B | 989.87M | 38.55B | 18.37B | 23.16B | 38.62B | 27.75B | 26.11B |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Operating cash flow | -- | -- | -- | -- | -- | -- |
| Depreciation & amortization | -- | -- | -- | -- | -- | -- |
| Free cash flow | -- | -- | -- | -- | -- | -- |
| Dividends paid | -- | -- | -- | -- | -- | -- |
| Stock buybacks / issuance | -- | -- | -- | -- | -- | -- |
| Ending cash balance | -- | -- | -- | -- | -- | -- |
Returns & efficiency
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| ROE %i | -- | -4,247.88 | -53.77 | -34.17 | -49.71 | -85.59 | -143.80 | -307.52 |
| ROA %i | -159.18 | -68.29 | -16.21 | -15.38 | -16.25 | -19.80 | -20.14 | -13.42 |
| ROIC %i | -- | -155.53 | -26.37 | -23.54 | -29.91 | -36.43 | -39.26 | -41.16 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -894.22 | -73.41 | -124.16 |
| EBIT margin %i | -191.74 | -139.52 | -29.97 | -9.24 | -28.51 | -36.06 | -32.90 | -15.93 |
| FCF / sales %i | -- | -- | 5.06 | -- | -- | -- | -- | -- |
| Current ratioi | 1.42 | 0.52 | 3.31 | 2.18 | 1.29 | 1.22 | 0.99 | 0.98 |
| Quick ratioi | 1.20 | 0.40 | 3.22 | 1.99 | 1.02 | 0.82 | 0.55 | 0.41 |
| Debt / assetsi | 17.18 | 73.37 | 17.42 | 24.32 | 37.67 | 29.58 | 31.43 | 25.13 |
| LT debt / equityi | 17.08 | -- | 25.80 | 34.83 | 72.97 | 90.56 | 381.04 | 564.70 |
| Interest coveragei | -76.78 | -29.46 | -11.44 | -5.24 | -42.16 | -49.70 | -27.09 | -15.74 |
| Revenue CAGR (3Y) %i | -- | -- | -- | 93.98 | 84.66 | 50.68 | 22.07 | 21.09 |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- | -- | -- |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| ROE %i | -240.20 | -326.93 | -- | -307.52 | -461.76 | -332.77 |
| ROA %i | -24.01 | -24.24 | -- | -13.42 | -8.18 | -4.03 |
| ROIC %i | -57.83 | -60.64 | -- | -41.16 | -29.84 | -14.56 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- |
| EBIT margin %i | -34.07 | -33.12 | -- | -15.93 | -7.47 | -2.68 |
| FCF / sales %i | -- | -- | -- | -- | -- | -- |
| Current ratioi | 0.84 | 0.84 | 0.94 | 0.98 | 1.01 | 1.02 |
| Quick ratioi | 0.51 | 0.54 | 0.57 | 0.41 | 0.63 | 0.68 |
| Debt / assetsi | 30.92 | 30.95 | 24.67 | 25.13 | 21.05 | 21.29 |
| LT debt / equityi | -- | -- | 517.06 | 564.70 | 417.11 | 442.21 |
| Interest coveragei | -26.50 | -25.29 | -- | -15.74 | -8.82 | -3.45 |
| Revenue CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
Revenue breakdown most recent period
Business
Smart electric vehicles related business100.00%
Region
People's Republic of China (PRC)100.00%
Quote time 2026-10-08 08:29:58 · For reference only, not investment advice and not tailored to your situation.