NIO Inc.

HKSE 9866.HK

NIO Inc. Gross Profit Margin for the year ending December 31, 2023: 5.49%

NIO Inc. Gross Profit Margin is 5.49% for the year ending December 31, 2023, a -47.45% change year over year. Gross Profit Ratio is the ratio of gross profit to net sales, indicating the percentage of revenue that exceeds the cost of goods sold and reflects the efficiency of a company in managing its production or procurement and sales.
  • NIO Inc. Gross Profit Margin for the year ending December 31, 2022 was 10.44%, a -44.69% change year over year.
  • NIO Inc. Gross Profit Margin for the year ending December 31, 2021 was 18.88%, a 63.82% change year over year.
  • NIO Inc. Gross Profit Margin for the year ending December 31, 2020 was 11.52%, a 175.21% change year over year.
  • NIO Inc. Gross Profit Margin for the year ending December 31, 2019 was -15.32%, a -196.45% change year over year.
Key data
Date Gross Profit Margin Operating Income Margin EBT Margin Net Income Margin
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HKSE: 9866.HK

NIO Inc.

CEO Mr. William Li
IPO Date March 10, 2022
Location China
Headquarters Building 20
Employees 32,820
Sector Consumer Discretionary
Industries
Description

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.

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StockViz Staff

January 15, 2025

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