NIO Total Liabilities 2019-2024 | NIO
NIO total liabilities from 2019 to 2024. Total liabilities can be defined as the total value of all possible claims against the corporation.
- NIO total liabilities for the quarter ending June 30, 2024 were $11.595B, a 15.61% increase year-over-year.
- NIO total liabilities for 2023 were $12.908B, a 23.36% increase from 2022.
- NIO total liabilities for 2022 were $10.464B, a 38.64% increase from 2021.
- NIO total liabilities for 2021 were $7.548B, a 79.27% increase from 2020.
NIO Annual Total Liabilities (Millions of US $) |
2023 |
$12,908 |
2022 |
$10,464 |
2021 |
$7,548 |
2020 |
$4,210 |
2019 |
$2,996 |
2018 |
$1,748 |
2017 |
$ |
NIO Quarterly Total Liabilities (Millions of US $) |
2024-06-30 |
$11,595 |
2024-03-31 |
$11,552 |
2023-12-31 |
$12,908 |
2023-09-30 |
$11,864 |
2023-06-30 |
$10,029 |
2023-03-31 |
$10,119 |
2022-12-31 |
$10,464 |
2022-09-30 |
$9,489 |
2022-06-30 |
$9,199 |
2022-03-31 |
$8,369 |
2021-12-31 |
$7,548 |
2021-09-30 |
$6,905 |
2021-06-30 |
$6,066 |
2021-03-31 |
$5,235 |
2020-12-31 |
$4,210 |
2020-09-30 |
$3,883 |
2020-06-30 |
$4,096 |
2020-03-31 |
$3,302 |
2019-12-31 |
$2,996 |
2019-09-30 |
$2,851 |
2019-06-30 |
$2,788 |
2019-03-31 |
$2,787 |
2018-09-30 |
$1,144 |
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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