NIO Other Current Assets 2019-2024 | NIO
NIO other current assets from 2019 to 2024. Other current assets can be defined as field containing the sum of all current assets that cannot be standardized into another field as well as those that are aggregated by the company because materially, they are too small to list separately.
- NIO other current assets for the quarter ending June 30, 2024 were $0.693B, a 74.57% increase year-over-year.
- NIO other current assets for 2023 were $0.484B, a 48.53% increase from 2022.
- NIO other current assets for 2022 were $0.326B, a 11.95% increase from 2021.
- NIO other current assets for 2021 were $0.291B, a 33.47% increase from 2020.
NIO Annual Other Current Assets (Millions of US $) |
2023 |
$484 |
2022 |
$326 |
2021 |
$291 |
2020 |
$218 |
2019 |
$227 |
2018 |
$220 |
2017 |
$ |
NIO Quarterly Other Current Assets (Millions of US $) |
2024-06-30 |
$693 |
2024-03-31 |
$584 |
2023-12-31 |
$484 |
2023-09-30 |
$435 |
2023-06-30 |
$397 |
2023-03-31 |
$410 |
2022-12-31 |
$326 |
2022-09-30 |
$273 |
2022-06-30 |
$350 |
2022-03-31 |
$488 |
2021-12-31 |
$291 |
2021-09-30 |
$206 |
2021-06-30 |
$210 |
2021-03-31 |
$175 |
2020-12-31 |
$218 |
2020-09-30 |
$219 |
2020-06-30 |
$208 |
2020-03-31 |
$248 |
2019-12-31 |
$227 |
2019-09-30 |
$267 |
2019-06-30 |
$268 |
2019-03-31 |
$250 |
2018-09-30 |
$219 |
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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