NIO Income from Continuous Operations 2019-2024 | NIO
NIO annual/quarterly income from continuous operations history and growth rate from 2019 to 2024. Income from continuous operations can be defined as a company's total income or loss before discontinued operations, extraordinary items, preferred stock dividends and accounting change
- NIO income from continuous operations for the quarter ending June 30, 2024 was $-0.694B, a 16.86% decline year-over-year.
- NIO income from continuous operations for the twelve months ending June 30, 2024 was $-2.805B, a 4.1% decline year-over-year.
- NIO annual income from continuous operations for 2023 was $-2.918B, a 39.42% increase from 2022.
- NIO annual income from continuous operations for 2022 was $-2.093B, a 232.07% increase from 2021.
- NIO annual income from continuous operations for 2021 was $-0.63B, a 22.46% decline from 2020.
NIO Annual Income from Continuous Operations (Millions of US $) |
2023 |
$-2,918 |
2022 |
$-2,093 |
2021 |
$-630 |
2020 |
$-813 |
2019 |
$-1,623 |
2018 |
$-1,402 |
2017 |
$ |
NIO Quarterly Income from Continuous Operations (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 |
$7.959B |
$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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