NIO Cash on Hand 2019-2024 | NIO
NIO cash on hand from 2019 to 2024. Cash on hand can be defined as cash deposits at financial institutions that can immediately be withdrawn at any time, and investments maturing in one year or less that are highly liquid and therefore regarded as cash equivalents and reported with or near cash line items.
- NIO cash on hand for the quarter ending June 30, 2024 was $5.498B, a 35.5% increase year-over-year.
- NIO cash on hand for 2023 was $7.787B, a 27.23% increase from 2022.
- NIO cash on hand for 2022 was $6.12B, a 29.58% decline from 2021.
- NIO cash on hand for 2021 was $8.691B, a 33.58% increase from 2020.
NIO Annual Cash on Hand
(Millions of US $) |
| 2023 |
$7,787 |
| 2022 |
$6,120 |
| 2021 |
$8,691 |
| 2020 |
$6,506 |
| 2019 |
$152 |
| 2018 |
$1,214 |
| 2017 |
$ |
NIO Quarterly Cash on Hand
(Millions of US $) |
| 2024-06-30 |
$5,498 |
| 2024-03-31 |
$5,995 |
| 2023-12-31 |
$7,787 |
| 2023-09-30 |
$5,909 |
| 2023-06-30 |
$4,058 |
| 2023-03-31 |
$5,161 |
| 2022-12-31 |
$6,120 |
| 2022-09-30 |
$6,790 |
| 2022-06-30 |
$8,121 |
| 2022-03-31 |
$8,414 |
| 2021-12-31 |
$8,691 |
| 2021-09-30 |
$7,288 |
| 2021-06-30 |
$7,484 |
| 2021-03-31 |
$7,257 |
| 2020-12-31 |
$6,506 |
| 2020-09-30 |
$3,274 |
| 2020-06-30 |
$1,581 |
| 2020-03-31 |
$339 |
| 2019-12-31 |
$152 |
| 2019-09-30 |
$274 |
| 2019-06-30 |
$503 |
| 2019-03-31 |
$1,123 |
| 2018-09-30 |
$1,333 |
| Sector |
Industry |
Market Cap |
Revenue |
| Auto/Tires/Trucks |
Auto Manufacturers - Foreign |
$8.836B |
$7.834B |
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NIO is a pioneer in China's EV market. 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.
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