NIO Past Earnings Performance

Past criteria checks 0/6

NIO's earnings have been declining at an average annual rate of -22.3%, while the Auto industry saw earnings growing at 20% annually. Revenues have been growing at an average rate of 34.7% per year.

Key information

-22.3%

Earnings growth rate

-8.0%

EPS growth rate

Auto Industry Growth	36.3%
Revenue growth rate	34.7%
Return on equity	-130.6%
Net Margin	-33.5%
Last Earnings Update	30 Sep 2024

Recent past performance updates

No updates

Recent updates

No updates

Revenue & Expenses Breakdown

How NIO makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

BASE:NIOD Revenue, expenses and earnings (CNY Millions)
Date	Revenue	Earnings	G+A Expenses	R&D Expenses
30 Sep 24	63,131	-21,119	14,819	13,100
30 Jun 24	63,524	-20,606	14,319	12,820
31 Mar 24	54,850	-21,601	13,418	12,947
31 Dec 23	55,618	-21,147	12,868	13,158
30 Sep 23	54,578	-21,401	12,347	13,247
30 Jun 23	48,514	-20,915	11,450	13,152
31 Mar 23	50,034	-17,538	10,876	11,957
31 Dec 22	49,269	-14,559	10,445	10,643
30 Sep 22	43,106	-10,892	9,196	8,657
30 Jun 22	39,909	-9,608	8,309	6,906
31 Mar 22	38,065	-7,522	7,551	5,613
31 Dec 21	36,136	-10,572	6,733	4,538
30 Sep 21	32,877	-9,885	5,765	3,554
30 Jun 21	27,597	-8,214	4,893	2,939
31 Mar 21	22,868	-8,763	4,332	2,601
31 Dec 20	16,258	-5,611	3,913	2,437
30 Sep 20	12,465	-7,012	4,324	2,633
30 Jun 20	9,776	-8,378	4,562	3,051
31 Mar 20	7,566	-10,484	5,033	3,820
31 Dec 19	7,825	-11,413	5,509	4,371
30 Sep 19	8,412	-12,036	5,914	4,855
30 Jun 19	8,045	-19,239	6,393	4,882
31 Mar 19	6,582	-22,036	5,930	4,344
31 Dec 18	4,951	-23,328	5,375	3,965
30 Sep 18	1,516	-22,594	4,270	3,279
30 Jun 18	46	-14,486	3,136	3,008
31 Mar 18	0	-9,462	2,687	2,778
31 Dec 17	0	-7,562	2,363	2,591

Quality Earnings: NIOD is currently unprofitable.

Growing Profit Margin: NIOD is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: NIOD is unprofitable, and losses have increased over the past 5 years at a rate of 22.3% per year.

Accelerating Growth: Unable to compare NIOD's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: NIOD is unprofitable, making it difficult to compare its past year earnings growth to the Auto industry (1.5%).

Return on Equity

High ROE: NIOD has a negative Return on Equity (-130.62%), as it is currently unprofitable.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/22 03:31
End of Day Share Price	2024/12/20 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

NIO Inc. is covered by 54 analysts. 31 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Jiong Shao	Barclays
Jia Lou	BOCI Research Ltd.
Ming-Hsun Lee	BofA Global Research