NIO Total Current Assets 2019-2024 | NIO
NIO total current assets from 2019 to 2024. Total current assets can be defined as the sum of all assets that are classified as current because they will provide a benefit within one year.
- NIO total current assets for the quarter ending September 30, 2024 were $8.558B, a 2.92% increase year-over-year.
- NIO total current assets for 2023 were $9.913B, a 15.59% increase from 2022.
- NIO total current assets for 2022 were $8.576B, a 14.13% decline from 2021.
- NIO total current assets for 2021 were $9.987B, a 41.03% increase from 2020.
NIO Annual Total Current Assets
(Millions of US $) |
| 2023 |
$9,913 |
| 2022 |
$8,576 |
| 2021 |
$9,987 |
| 2020 |
$7,082 |
| 2019 |
$708 |
| 2018 |
$1,770 |
| 2017 |
$ |
NIO Quarterly Total Current Assets
(Millions of US $) |
| 2024-09-30 |
$8,558 |
| 2024-06-30 |
$7,639 |
| 2024-03-31 |
$8,173 |
| 2023-12-31 |
$9,913 |
| 2023-09-30 |
$8,315 |
| 2023-06-30 |
$6,611 |
| 2023-03-31 |
$7,521 |
| 2022-12-31 |
$8,576 |
| 2022-09-30 |
$8,865 |
| 2022-06-30 |
$9,675 |
| 2022-03-31 |
$10,144 |
| 2021-12-31 |
$9,987 |
| 2021-09-30 |
$8,430 |
| 2021-06-30 |
$8,469 |
| 2021-03-31 |
$7,955 |
| 2020-12-31 |
$7,082 |
| 2020-09-30 |
$3,877 |
| 2020-06-30 |
$2,136 |
| 2020-03-31 |
$899 |
| 2019-12-31 |
$708 |
| 2019-09-30 |
$981 |
| 2019-06-30 |
$1,165 |
| 2019-03-31 |
$1,708 |
| 2018-09-30 |
$1,792 |
| 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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