NIO Income After Taxes 2019-2024 | NIO
NIO annual/quarterly income after taxes history and growth rate from 2019 to 2024. Income after taxes can be defined as earnings or losses after income tax expense but before minority interest, extraordinary items, discontinued operations, preferred dividends and accounting changes have been accounted for.
- NIO income after taxes for the quarter ending June 30, 2024 was $-0.694B, a 16.86% decline year-over-year.
- NIO income after taxes for the twelve months ending June 30, 2024 was $-2.805B, a 4.1% decline year-over-year.
- NIO annual income after taxes for 2023 was $-2.918B, a 39.42% increase from 2022.
- NIO annual income after taxes for 2022 was $-2.093B, a 232.07% increase from 2021.
- NIO annual income after taxes for 2021 was $-0.63B, a 22.46% decline from 2020.
NIO Annual Income After Taxes
(Millions of US $) |
| 2023 |
$-2,918 |
| 2022 |
$-2,093 |
| 2021 |
$-630 |
| 2020 |
$-813 |
| 2019 |
$-1,623 |
| 2018 |
$-1,402 |
| 2017 |
$ |
NIO Quarterly Income After Taxes
(Millions of US $) |
| 2024-06-30 |
$-694 |
| 2024-03-31 |
$-718 |
| 2023-12-31 |
$-769 |
| 2023-09-30 |
$-625 |
| 2023-06-30 |
$-835 |
| 2023-03-31 |
$-690 |
| 2022-12-31 |
$-822 |
| 2022-09-30 |
$-578 |
| 2022-06-30 |
$-412 |
| 2022-03-31 |
$-281 |
| 2021-12-31 |
$-341 |
| 2021-09-30 |
$-130 |
| 2021-06-30 |
$-91 |
| 2021-03-31 |
$-69 |
| 2020-12-31 |
$-253 |
| 2020-09-30 |
$-154 |
| 2020-06-30 |
$-167 |
| 2020-03-31 |
$-239 |
| 2019-12-31 |
$-400 |
| 2019-09-30 |
$-353 |
| 2019-06-30 |
$-479 |
| 2019-03-31 |
$-391 |
| 2018-09-30 |
$-409 |
| Sector |
Industry |
Market Cap |
Revenue |
| Auto/Tires/Trucks |
Auto Manufacturers - Foreign |
$8.750B |
$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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