NIO Retained Earnings (Accumulated Deficit) 2019-2024 | NIO
NIO retained earnings (accumulated deficit) from 2019 to 2024. Retained earnings (accumulated deficit) can be defined as profits reinvested in the corporation after dividends have been paid out.
- NIO retained earnings (accumulated deficit) for the quarter ending June 30, 2024 were $M, a 100% decline year-over-year.
- NIO retained earnings (accumulated deficit) for 2023 were $-12.783B, a 26.11% increase from 2022.
- NIO retained earnings (accumulated deficit) for 2022 were $-10.137B, a 16.11% increase from 2021.
- NIO retained earnings (accumulated deficit) for 2021 were $-8.73B, a 10.29% increase from 2020.
NIO Annual Retained Earnings (Accumulated Deficit) (Millions of US $) |
2023 |
$-12,783 |
2022 |
$-10,137 |
2021 |
$-8,730 |
2020 |
$-7,915 |
2019 |
$-6,654 |
2018 |
$-5,096 |
2017 |
$ |
NIO Quarterly Retained Earnings (Accumulated Deficit) (Millions of US $) |
2024-06-30 |
|
2024-03-31 |
|
2023-12-31 |
$-12,783 |
2023-09-30 |
|
2023-06-30 |
$-11,128 |
2023-03-31 |
|
2022-12-31 |
$-10,137 |
2022-09-30 |
|
2022-06-30 |
|
2022-03-31 |
|
2021-12-31 |
$-8,730 |
2021-09-30 |
$-8,306 |
2021-06-30 |
$-8,160 |
2021-03-31 |
$-7,952 |
2020-12-31 |
$-7,915 |
2020-09-30 |
$-7,403 |
2020-06-30 |
$-6,966 |
2020-03-31 |
$-6,785 |
2019-12-31 |
$-6,654 |
2019-09-30 |
$-6,094 |
2019-06-30 |
$-5,973 |
2019-03-31 |
$-5,616 |
2018-09-30 |
$-4,590 |
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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