NIO Total Current Liabilities 2019-2024 | NIO
NIO total current liabilities from 2019 to 2024. Total current liabilities can be defined as the sum of all liabilities classified as current for having maturities of less than one year.
- NIO total current liabilities for the quarter ending June 30, 2024 were $6.901B, a 4.03% increase year-over-year.
- NIO total current liabilities for 2023 were $8.141B, a 22.45% increase from 2022.
- NIO total current liabilities for 2022 were $6.648B, a 45.09% increase from 2021.
- NIO total current liabilities for 2021 were $4.582B, a 113.91% increase from 2020.
NIO Annual Total Current Liabilities
(Millions of US $) |
| 2023 |
$8,141 |
| 2022 |
$6,648 |
| 2021 |
$4,582 |
| 2020 |
$2,142 |
| 2019 |
$1,364 |
| 2018 |
$1,250 |
| 2017 |
$ |
NIO Quarterly Total Current Liabilities
(Millions of US $) |
| 2024-06-30 |
$6,901 |
| 2024-03-31 |
$7,079 |
| 2023-12-31 |
$8,141 |
| 2023-09-30 |
$7,599 |
| 2023-06-30 |
$6,634 |
| 2023-03-31 |
$5,888 |
| 2022-12-31 |
$6,648 |
| 2022-09-30 |
$5,585 |
| 2022-06-30 |
$5,160 |
| 2022-03-31 |
$5,034 |
| 2021-12-31 |
$4,582 |
| 2021-09-30 |
$4,129 |
| 2021-06-30 |
$3,413 |
| 2021-03-31 |
$2,600 |
| 2020-12-31 |
$2,142 |
| 2020-09-30 |
$1,600 |
| 2020-06-30 |
$1,847 |
| 2020-03-31 |
$1,711 |
| 2019-12-31 |
$1,364 |
| 2019-09-30 |
$1,254 |
| 2019-06-30 |
$1,201 |
| 2019-03-31 |
$1,146 |
| 2018-09-30 |
$699 |
| Sector |
Industry |
Market Cap |
Revenue |
| Auto/Tires/Trucks |
Auto Manufacturers - Foreign |
$8.630B |
$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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