NIO - NIO Inc.
Price:
--
--
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CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$6.54
DETAILS
HIGH:
$7.00
LOW:
$6.00
MEDIAN:
$6.80
CONSENSUS:
$6.54
UPSIDE:
25.77%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||
| Revenue | 85,103.9 | 65,731.6 | 55,617.9 | 49,268.6 | 36,136.4 | 16,257.9 | 7,824.9 | 4,951.2 | 0 | 0 |
| Cost of Revenue | 73,512.9 | 59,238.8 | 52,566.1 | 44,124.6 | 29,315.0 | 14,384.5 | 9,023.7 | 5,207.0 | 0 | 0 |
| Gross Profit | 11,591.1 | 6,492.8 | 3,051.8 | 5,144.0 | 6,821.4 | 1,873.4 | (1,198.8) | (255.9) | 0 | 0 |
| Operating Expenses | ||||||||||
| R&D Expenses | 10,316.1 | 13,037.3 | 13,431.4 | 10,836.3 | 4,591.9 | 2,487.8 | 4,428.6 | 3,997.9 | 2,602.9 | 1,465.4 |
| SG&A Expenses | 15,649.4 | 14,452.3 | 11,947.7 | 9,719.0 | 6,287.5 | 3,526.9 | 4,886.0 | 5,092.0 | 2,363.1 | 1,147.7 |
| Other Expenses | 0.0 | 877.3 | 327.8 | 229.4 | 438.4 | 466.4 | 565.8 | 249.8 | (12.4) | (10.5) |
| Operating Expenses | 25,965.5 | 28,366.8 | 25,707.0 | 20,784.7 | 11,317.7 | 6,481.1 | 9,880.4 | 9,339.7 | 4,953.6 | 2,602.5 |
| Operating Income | ||||||||||
| Operating Income | (14,374.4) | (21,874.1) | (22,655.2) | (15,640.7) | (4,496.3) | (4,607.6) | (11,079.2) | (9,595.6) | (4,953.6) | (2,602.5) |
| Interest Expense | 861.1 | 798.4 | 403.5 | 333.2 | 637.4 | 426.0 | 370.5 | 123.6 | 18.1 | 0.1 |
| Interest Income | 740.9 | 853.7 | 2,210.0 | 1,358.7 | 911.8 | 166.9 | 160.3 | 133.4 | 19.0 | 27.6 |
| Profitability | ||||||||||
| EBITDA | (14,374.4) | (13,925.5) | (15,147.9) | (10,054.7) | (985.4) | (3,326.0) | (9,396.3) | (9,019.1) | (4,830.8) | (2,556.5) |
| EBIT | (14,374.4) | (21,626.2) | (20,055.4) | (14,048.8) | (3,337.3) | (4,871.7) | (10,917.2) | (9,493.3) | (4,996.1) | (2,596.4) |
| Income Before Tax | (14,416.9) | (22,424.5) | (20,458.9) | (14,382.0) | (3,974.7) | (5,297.7) | (11,287.8) | (9,616.9) | (7,590.2) | (3,550.2) |
| Income Tax Expense | 118.6 | (22.8) | 260.8 | 55.1 | 42.3 | 6.4 | 7.9 | 22.0 | 7.9 | 4.3 |
| Net Income | (14,553.2) | (22,657.7) | (21,147.0) | (14,559.4) | (10,572.3) | (5,610.8) | (11,413.1) | (9,660.6) | (4,984.7) | (2,536.3) |
| Per Share Data | ||||||||||
| EPS (Basic) | -6.64 | -11.03 | -12.44 | -8.89 | -6.72 | -4.74 | -11.08 | -9.29 | -1.07 | -0.50 |
| EPS (Diluted) | -6.64 | -11.03 | -12.44 | -8.89 | -6.72 | -4.74 | -11.08 | -9.29 | -1.07 | -0.50 |
| Shares Outstanding | 2,272.6 | 2,055.2 | 1,700.2 | 1,637.0 | 1,572.7 | 1,182.7 | 1,029.9 | 1,039.7 | 1,050.0 | 1,050.0 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||
| Cash & Cash Equivalents | 26,036.6 | 19,328.9 | 32,935.1 | 19,887.6 | 15,333.7 | 38,425.5 | 862.8 | 3,133.8 | 7,506.0 | 581.3 |
| Short-Term Investments | 19,768.4 | 2,765.3 | 16,810.1 | 19,171.0 | 37,057.6 | 3,950.7 | 111 | 5,154.7 | 0 | 8.5 |
| Net Receivables | 17,483.8 | 1,676.2 | 4,657.7 | 5,118.2 | 2,797.8 | 1,242.7 | 1,352.1 | 756.5 | 493.4 | 182.9 |
| Inventory | 8,536.3 | 7,087.2 | 5,277.7 | 8,191.4 | 2,056.4 | 1,081.6 | 889.5 | 1,465.2 | 89.5 | 0 |
| Other Current Assets | 4,856.7 | 29,896.8 | 9,883.9 | 5,890.5 | 6,144.0 | 1,376.6 | 1,550.4 | 1,302.6 | 23.2 | 0 |
| Total Current Assets | 76,681.8 | 61,886.0 | 70,380.2 | 59,149.8 | 63,641.3 | 46,206.8 | 4,928.0 | 12,169.6 | 8,310.0 | 875.0 |
| Non-Current Assets | ||||||||||
| Property, Plant & Equipment | 37,563.2 | 40,000.5 | 37,480.4 | 23,033.1 | 10,387.9 | 6,346.5 | 7,530.7 | 4,853.2 | 1,961.9 | 849.6 |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 29.7 | 231.6 | 236.9 | 212.6 | 199.1 | 204.6 | 210.3 | 217.1 | 4.5 | 6.3 |
| Long-Term Investments | 2,570.5 | 3,126.0 | 5,487.2 | 6,356.4 | 3,059.4 | 300.1 | 115.3 | 148.3 | 47.1 | 0 |
| Other Non-Current Assets | 7,635.1 | 2,360.4 | 3,798.5 | 7,512.0 | 5,595.9 | 1,583.3 | 1,797.6 | 1,446.4 | 14.4 | 39.5 |
| Total Non-Current Assets | 47,798.5 | 45,718.6 | 47,003.0 | 37,114.2 | 19,242.3 | 8,435.1 | 9,654.0 | 6,672.9 | 2,158.0 | 895.5 |
| Total Assets | 124,480.3 | 107,604.6 | 117,383.2 | 96,263.9 | 82,883.6 | 54,641.9 | 14,582.0 | 18,842.6 | 10,468.0 | 1,770.5 |
| Current Liabilities | ||||||||||
| Account Payables | 53,343.7 | 34,387.3 | 29,766.1 | 12,709.3 | 12,639.0 | 6,368.3 | 3,111.7 | 2,870.0 | 234.0 | 0 |
| Short-Term Debt | 7,516.4 | 9,127.2 | 9,821.5 | 5,277.1 | 7,298.0 | 1,930.6 | 1,208.1 | 2,068.9 | 83.8 | 19.6 |
| Deferred Revenue | 0 | 4,074.9 | 2,856.0 | 2,107.6 | 1,384.6 | 1,004.3 | 486.3 | 342.0 | 68.4 | 0 |
| Other Current Liabilities | 17,333.0 | 652.6 | 709.3 | 13,184.2 | 550.7 | 358.1 | 204.7 | 133.9 | 0 | 0 |
| Total Current Liabilities | 78,632.6 | 62,311.0 | 57,798.1 | 45,852.1 | 29,198.2 | 13,976.2 | 9,498.9 | 8,593.4 | 1,618.5 | 726.6 |
| Non-Current Liabilities | ||||||||||
| Long-Term Debt | 8,631.8 | 11,440.8 | 13,042.9 | 10,885.8 | 9,739.2 | 5,938.3 | 7,154.8 | 1,168.0 | 642.4 | 37.5 |
| Deferred Tax Liabilities | 112.8 | 127.5 | 212.3 | 218.2 | 25.2 | 3,687.1 | 819.2 | 783.8 | 0 | 4,902.7 |
| Other Non-Current Liabilities | 14,304.1 | 5,486.0 | 3,266.6 | 2,531.7 | 5,022.5 | 1,794.8 | 1,063.0 | 930.8 | 19,768.5 | 0.5 |
| Total Non-Current Liabilities | 33,147.1 | 31,787.0 | 29,989.1 | 22,765.1 | 18,899.9 | 13,494.7 | 11,360.8 | 3,428.0 | 20,441.3 | 4,960.3 |
| Total Liabilities | 111,779.7 | 94,098.1 | 87,787.2 | 68,617.2 | 48,098.0 | 27,471.0 | 20,859.6 | 12,021.4 | 22,059.8 | 5,686.8 |
| Stockholders' Equity | ||||||||||
| Common Stock | 0 | 3.7 | 3.6 | 2.9 | 2.9 | 2.7 | 1.8 | 1.8 | 0.1 | 0.1 |
| Retained Earnings | 0 | (113,068.2) | (90,758.0) | (69,914.2) | (55,634.1) | (51,648.4) | (46,326.3) | (35,039.8) | (11,711.9) | (4,076.9) |
| Accumulated Other Comprehensive Income | 0 | 582.7 | 433.0 | 1,036.0 | (276.3) | (65.5) | (203.0) | (34.7) | (13.9) | 110.5 |
| Total Stockholders' Equity | 4,162.1 | 5,967.0 | 25,546.2 | 23,868.2 | 34,709.9 | 27,168.8 | (6,299.7) | 6,837.0 | (11,603.1) | (3,904.8) |
| Total Liabilities & Equity | 124,480.3 | 107,604.6 | 117,383.2 | 96,263.9 | 82,883.6 | 54,641.9 | 14,582.0 | 18,842.6 | 10,468.0 | 1,770.5 |
| Debt Metrics | ||||||||||
| Total Debt | 26,246.7 | 33,823.3 | 34,725.1 | 23,706.0 | 20,098.9 | 9,519.6 | 10,699.1 | 3,236.9 | 726.2 | 57.1 |
| Net Debt | 210.0 | 14,494.4 | 1,789.9 | 3,818.4 | 4,765.2 | (28,906.0) | 9,707.1 | 103.0 | (6,779.7) | (524.2) |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Net Income | (14,942.6) | (22,657.7) | (21,147.0) | (14,559.4) | (10,572.3) | (5,304.1) | (11,295.7) | (9,639.0) | (5,021.2) | (2,573.3) |
| Depreciation & Amortization | 9,375.3 | 7,700.7 | 4,907.4 | 3,994.1 | 2,351.9 | 1,545.7 | 1,521.0 | 474.2 | 167.9 | 46.1 |
| Stock-Based Compensation | 1,790.7 | 1,928.5 | 2,369.0 | 2,295.9 | 1,010.1 | 187.1 | 333.5 | 679.5 | 90.3 | 76.7 |
| Change in Working Capital | 5,812.3 | (1,158.6) | 8,153.6 | (7,058.3) | (4,039.8) | 4,829.9 | 436.8 | 505.7 | 130.7 | 256.9 |
| Other Non-Cash Items | 971.7 | 6,337.9 | 4,335.3 | 11,461.8 | 13,216.4 | 682.6 | 282.6 | 26.2 | 21.1 | (44.9) |
| Operating Cash Flow | 2,992.6 | (7,849.2) | (1,381.5) | (3,866.0) | 1,966.4 | 1,950.9 | (8,721.7) | (7,911.8) | (4,574.7) | (2,201.6) |
| Investing Activities | ||||||||||
| Capital Expenditure | (6,065.2) | (9,142.3) | (14,340.8) | (6,972.9) | (4,078.8) | (1,127.7) | (1,706.8) | (2,644.0) | (1,113.9) | (654.5) |
| Acquisitions | (565.4) | 0 | 0 | 0 | 0 | (250.8) | 45.2 | (110.9) | (79.9) | 0 |
| Purchases of Investments | (29,436.1) | 0 | 0 | 0 | 0 | (7,594.1) | (2,202.8) | (8,090.7) | (1,337.4) | (2,346.3) |
| Sales/Maturities of Investments | 24,493.6 | 0 | 0 | 0 | 0 | 3,738.5 | 7,246.5 | 2,936 | 1,340.9 | 3,118.6 |
| Other Investing Activities | 113.5 | 4,183.8 | 3,455.4 | 17,357.9 | (35,685.9) | 163.1 | 0 | (31.3) | 0 | 0 |
| Investing Cash Flow | (11,459.7) | (4,958.5) | (10,885.4) | 10,385.0 | (39,764.7) | (5,071.1) | 3,382.1 | (7,940.8) | (1,190.3) | 117.8 |
| Financing Activities | ||||||||||
| Net Debt Issuance | (5,474.9) | (1,634.0) | 6,614.0 | (1,659.2) | 13,207.6 | 3,677.4 | 3,018.4 | 2,631.1 | 621.3 | 37.5 |
| Stock Repurchased | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (7.5) | 0 | (8.4) |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | 365.5 | 3,406.5 | 21,048.9 | 42.8 | 4,921.1 | 3,047.0 | 76.6 | 1,369.8 | 19.6 | 0 |
| Financing Cash Flow | 6,844.4 | 1,772.5 | 27,662.9 | (1,616.4) | 18,128.7 | 41,357.4 | 3,095.0 | 11,603.1 | 12,867.3 | 2,292.7 |
| Cash Position | ||||||||||
| Net Change in Cash | (1,639.0) | (10,874.1) | 15,466.2 | 4,780.7 | (20,170.5) | 37,555.2 | (2,234.5) | (4,306.5) | 6,934.2 | 249.5 |
| Cash at Beginning | 27,747.4 | 38,621.5 | 23,155.3 | 18,374.6 | 38,545.1 | 989.9 | 3,224.4 | 7,530.9 | 596.6 | 347.1 |
| Cash at End | 26,108.4 | 27,747.4 | 38,621.5 | 23,155.3 | 18,374.6 | 38,545.1 | 989.9 | 3,224.4 | 7,530.9 | 596.6 |
| Free Cash Flow | (3,072.6) | (16,991.5) | (15,722.3) | (10,838.9) | (2,112.4) | 823.2 | (10,428.5) | (10,555.7) | (5,688.6) | (2,856.0) |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||
| Revenue | 85,103.9 | 65,731.6 | 55,617.9 | 49,268.6 | 36,136.4 | 16,257.9 | 7,824.9 | 4,951.2 | 0 | 0 |
| Gross Profit | 11,591.1 | 6,492.8 | 3,051.8 | 5,144.0 | 6,821.4 | 1,873.4 | (1,198.8) | (255.9) | 0 | 0 |
| Operating Income | (14,374.4) | (21,874.1) | (22,655.2) | (15,640.7) | (4,496.3) | (4,607.6) | (11,079.2) | (9,595.6) | (4,953.6) | (2,602.5) |
| Net Income | (14,553.2) | (22,657.7) | (21,147.0) | (14,559.4) | (10,572.3) | (5,610.8) | (11,413.1) | (9,660.6) | (4,984.7) | (2,536.3) |
| EPS (Diluted) | -6.64 | -11.03 | -12.44 | -8.89 | -6.72 | -4.74 | -11.08 | -9.29 | -1.07 | -0.50 |
| Balance Sheet | ||||||||||
| Cash & Equivalents | 26,036.6 | 19,328.9 | 32,935.1 | 19,887.6 | 15,333.7 | 38,425.5 | 862.8 | 3,133.8 | 7,506.0 | 581.3 |
| Total Assets | 124,480.3 | 107,604.6 | 117,383.2 | 96,263.9 | 82,883.6 | 54,641.9 | 14,582.0 | 18,842.6 | 10,468.0 | 1,770.5 |
| Total Debt | 26,246.7 | 33,823.3 | 34,725.1 | 23,706.0 | 20,098.9 | 9,519.6 | 10,699.1 | 3,236.9 | 726.2 | 57.1 |
| Stockholders' Equity | 4,162.1 | 5,967.0 | 25,546.2 | 23,868.2 | 34,709.9 | 27,168.8 | (6,299.7) | 6,837.0 | (11,603.1) | (3,904.8) |
| Cash Flow | ||||||||||
| Operating Cash Flow | 2,992.6 | (7,849.2) | (1,381.5) | (3,866.0) | 1,966.4 | 1,950.9 | (8,721.7) | (7,911.8) | (4,574.7) | (2,201.6) |
| Capital Expenditure | (6,065.2) | (9,142.3) | (14,340.8) | (6,972.9) | (4,078.8) | (1,127.7) | (1,706.8) | (2,644.0) | (1,113.9) | (654.5) |
| Free Cash Flow | (3,072.6) | (16,991.5) | (15,722.3) | (10,838.9) | (2,112.4) | 823.2 | (10,428.5) | (10,555.7) | (5,688.6) | (2,856.0) |