NIO Total Assets 2019-2024 | NIO
NIO total assets from 2019 to 2024. Total assets can be defined as the sum of all assets on a company's balance sheet.
- NIO total assets for the quarter ending September 30, 2024 were $14.818B, a 5.51% increase year-over-year.
- NIO total assets for 2023 were $16.533B, a 18.46% increase from 2022.
- NIO total assets for 2022 were $13.957B, a 7.31% increase from 2021.
- NIO total assets for 2021 were $13.006B, a 55.31% increase from 2020.
NIO Annual Total Assets (Millions of US $) |
2023 |
$16,533 |
2022 |
$13,957 |
2021 |
$13,006 |
2020 |
$8,374 |
2019 |
$2,095 |
2018 |
$2,741 |
2017 |
$0 |
NIO Quarterly Total Assets (Millions of US $) |
2024-09-30 |
$14,818 |
2024-06-30 |
$13,831 |
2024-03-31 |
$14,430 |
2023-12-31 |
$16,533 |
2023-09-30 |
$14,044 |
2023-06-30 |
$12,050 |
2023-03-31 |
$13,007 |
2022-12-31 |
$13,957 |
2022-09-30 |
$13,619 |
2022-06-30 |
$14,019 |
2022-03-31 |
$13,755 |
2021-12-31 |
$13,006 |
2021-09-30 |
$10,710 |
2021-06-30 |
$10,148 |
2021-03-31 |
$9,329 |
2020-12-31 |
$8,374 |
2020-09-30 |
$5,066 |
2020-06-30 |
$3,277 |
2020-03-31 |
$2,166 |
2019-12-31 |
$2,095 |
2019-09-30 |
$2,357 |
2019-06-30 |
$2,652 |
2019-03-31 |
$3,136 |
2018-09-30 |
$2,478 |
Sector |
Industry |
Market Cap |
Revenue |
Auto/Tires/Trucks |
Auto Manufacturers - Foreign |
$7.564B |
$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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