NIO Other Long-Term Assets 2019-2024 | NIO
NIO other long-term assets from 2019 to 2024. Other long-term assets can be defined as field containing the sum of all non-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 long-term assets for the quarter ending September 30, 2024 were $0.493B, a 36.43% decline year-over-year.
- NIO other long-term assets for 2023 were $0.708B, a 34.98% decline from 2022.
- NIO other long-term assets for 2022 were $1.089B, a 22.95% increase from 2021.
- NIO other long-term assets for 2021 were $0.886B, a 260.52% increase from 2020.
NIO Annual Other Long-Term Assets
(Millions of US $) |
| 2023 |
$708 |
| 2022 |
$1,089 |
| 2021 |
$886 |
| 2020 |
$246 |
| 2019 |
$258 |
| 2018 |
$210 |
| 2017 |
$ |
NIO Quarterly Other Long-Term Assets
(Millions of US $) |
| 2024-09-30 |
$493 |
| 2024-06-30 |
$456 |
| 2024-03-31 |
$492 |
| 2023-12-31 |
$708 |
| 2023-09-30 |
$776 |
| 2023-06-30 |
$832 |
| 2023-03-31 |
$1,015 |
| 2022-12-31 |
$1,089 |
| 2022-09-30 |
$1,032 |
| 2022-06-30 |
$1,015 |
| 2022-03-31 |
$1,061 |
| 2021-12-31 |
$886 |
| 2021-09-30 |
$746 |
| 2021-06-30 |
$569 |
| 2021-03-31 |
$336 |
| 2020-12-31 |
$246 |
| 2020-09-30 |
$149 |
| 2020-06-30 |
$144 |
| 2020-03-31 |
$225 |
| 2019-12-31 |
$258 |
| 2019-09-30 |
$272 |
| 2019-06-30 |
$276 |
| 2019-03-31 |
$264 |
| 2018-09-30 |
$69 |
| Sector |
Industry |
Market Cap |
Revenue |
| Auto/Tires/Trucks |
Auto Manufacturers - Foreign |
$7.564B |
$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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