NIO Other Operating Income or Expenses 2019-2024 | NIO
NIO annual/quarterly other operating income or expenses history and growth rate from 2019 to 2024. Other operating income or expenses can be defined as the aggregate amount of all operating expenses either too small to report separately or that cannot be standardized into another Zacks field.
- NIO other operating income or expenses for the quarter ending June 30, 2024 were $0.011B, a 93.98% increase year-over-year.
- NIO other operating income or expenses for the twelve months ending June 30, 2024 were $0.052B, a 23.36% decline year-over-year.
- NIO annual other operating income or expenses for 2023 were $0.086B, a 0.49% increase from 2022.
- NIO annual other operating income or expenses for 2022 were $0.085B, a 257.28% increase from 2021.
- NIO annual other operating income or expenses for 2021 were $0.024B, a 355.46% decline from 2020.
NIO Annual Other Operating Income or Expenses (Millions of US $) |
2023 |
$86 |
2022 |
$85 |
2021 |
$24 |
2020 |
$-9 |
2019 |
$ |
2018 |
$ |
2017 |
$ |
NIO Quarterly Other Operating Income or Expenses (Millions of US $) |
2024-06-30 |
$11 |
2024-03-31 |
$-3 |
2023-12-31 |
$6 |
2023-09-30 |
$39 |
2023-06-30 |
$6 |
2023-03-31 |
$36 |
2022-12-31 |
$19 |
2022-09-30 |
$7 |
2022-06-30 |
$37 |
2022-03-31 |
$22 |
2021-12-31 |
$7 |
2021-09-30 |
$5 |
2021-06-30 |
$7 |
2021-03-31 |
$5 |
2020-12-31 |
$-6 |
2020-09-30 |
$-0 |
2020-06-30 |
$1 |
2020-03-31 |
$-5 |
2019-12-31 |
|
2019-09-30 |
|
2019-06-30 |
|
2019-03-31 |
|
2018-09-30 |
|
Sector |
Industry |
Market Cap |
Revenue |
Auto/Tires/Trucks |
Auto Manufacturers - Foreign |
$8.750B |
$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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