NIO Total Long-Term Assets 2019-2024 | NIO
NIO total long-term assets from 2019 to 2024. Total long-term assets can be defined as the sum of all assets classified as non-current
- NIO total long-term assets for the quarter ending September 30, 2024 were $6.260B, a 9.28% increase year-over-year.
- NIO total long-term assets for 2023 were $6.62B, a 23.03% increase from 2022.
- NIO total long-term assets for 2022 were $5.381B, a 78.21% increase from 2021.
- NIO total long-term assets for 2021 were $3.02B, a 133.58% increase from 2020.
NIO Annual Total Long-Term Assets (Millions of US $) |
2023 |
$6,620 |
2022 |
$5,381 |
2021 |
$3,020 |
2020 |
$1,293 |
2019 |
$1,387 |
2018 |
$971 |
2017 |
$ |
NIO Quarterly Total Long-Term Assets (Millions of US $) |
2024-09-30 |
$6,260 |
2024-06-30 |
$6,193 |
2024-03-31 |
$6,257 |
2023-12-31 |
$6,620 |
2023-09-30 |
$5,729 |
2023-06-30 |
$5,439 |
2023-03-31 |
$5,486 |
2022-12-31 |
$5,381 |
2022-09-30 |
$4,754 |
2022-06-30 |
$4,345 |
2022-03-31 |
$3,610 |
2021-12-31 |
$3,020 |
2021-09-30 |
$2,281 |
2021-06-30 |
$1,678 |
2021-03-31 |
$1,373 |
2020-12-31 |
$1,293 |
2020-09-30 |
$1,188 |
2020-06-30 |
$1,141 |
2020-03-31 |
$1,267 |
2019-12-31 |
$1,387 |
2019-09-30 |
$1,376 |
2019-06-30 |
$1,487 |
2019-03-31 |
$1,428 |
2018-09-30 |
$687 |
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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