NIO Comprehensive Income 2019-2024 | NIO
NIO comprehensive income from 2019 to 2024. Comprehensive income can be defined as the change in net assets of a business enterprise during a period from transactions and other events and circumstances from nonowner sources. It includes all changes in equity during a period except those resulting from investments by owners and distributions to owners.
- NIO comprehensive income for the quarter ending June 30, 2024 was $M, a 100% decline year-over-year.
- NIO comprehensive income for 2023 was $0.061B, a 59.4% decline from 2022.
- NIO comprehensive income for 2022 was $0.15B, a 446.44% decline from 2021.
- NIO comprehensive income for 2021 was $-0.043B, a 332.23% increase from 2020.
NIO Annual Comprehensive Income (Millions of US $) |
2023 |
$61 |
2022 |
$150 |
2021 |
$-43 |
2020 |
$-10 |
2019 |
$-29 |
2018 |
$-5 |
2017 |
$ |
NIO Quarterly Comprehensive Income (Millions of US $) |
2024-06-30 |
|
2024-03-31 |
|
2023-12-31 |
$61 |
2023-09-30 |
|
2023-06-30 |
$181 |
2023-03-31 |
|
2022-12-31 |
$150 |
2022-09-30 |
|
2022-06-30 |
|
2022-03-31 |
|
2021-12-31 |
$-43 |
2021-09-30 |
$-36 |
2021-06-30 |
$-39 |
2021-03-31 |
$-21 |
2020-12-31 |
$-10 |
2020-09-30 |
$-14 |
2020-06-30 |
$-43 |
2020-03-31 |
$-44 |
2019-12-31 |
$-29 |
2019-09-30 |
$-41 |
2019-06-30 |
$-24 |
2019-03-31 |
$-14 |
2018-09-30 |
$-10 |
Sector |
Industry |
Market Cap |
Revenue |
Auto/Tires/Trucks |
Auto Manufacturers - Foreign |
$8.699B |
$7.834B |
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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