NIO Return on Tangible Equity 2019-2024 | NIO
Current and historical return on tangible equity values for NIO (NIO) over the last 10 years. Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.
| NIO Return On Tangible Equity Historical Data |
| Date |
TTM Net Income |
Tangible Equity |
Return on Tangible Equity |
| 2024-09-30 |
$-2.97B |
$1.61B |
-115.76% |
| 2024-06-30 |
$-2.87B |
$2.21B |
-106.29% |
| 2024-03-31 |
$-3.01B |
$2.85B |
-113.73% |
| 2023-12-31 |
$-2.98B |
$3.59B |
-112.55% |
| 2023-09-30 |
$-3.01B |
$2.15B |
-115.13% |
| 2023-06-30 |
$-2.96B |
$1.99B |
-95.33% |
| 2023-03-31 |
$-2.52B |
$2.85B |
-66.36% |
| 2022-12-31 |
$-2.11B |
$3.46B |
-47.70% |
| 2022-09-30 |
$-1.65B |
$4.10B |
-33.54% |
| 2022-06-30 |
$-1.51B |
$4.79B |
-31.24% |
| 2022-03-31 |
$-1.20B |
$5.35B |
-25.86% |
| 2021-12-31 |
$-1.66B |
$5.43B |
-38.33% |
| 2021-09-30 |
$-1.56B |
$3.78B |
-38.97% |
| 2021-06-30 |
$-1.29B |
$4.05B |
-38.57% |
| 2021-03-31 |
$-1.36B |
$4.06B |
-64.05% |
| 2020-12-31 |
$-0.86B |
$4.13B |
-105.20% |
| 2020-09-30 |
$-0.99B |
$1.15B |
221.28% |
| 2020-06-30 |
$-1.18B |
$-0.85B |
135.41% |
| 2020-03-31 |
$-1.49B |
$-1.17B |
213.27% |
| 2019-12-31 |
$-1.64B |
$-0.93B |
501.61% |
| 2019-09-30 |
$-2.66B |
$-0.52B |
-1147.30% |
| Sector |
Industry |
Market Cap |
Revenue |
| Auto/Tires/Trucks |
Auto Manufacturers - Foreign |
$8.320B |
$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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