NIO Income Taxes 2019-2024 | NIO
NIO annual/quarterly income taxes history and growth rate from 2019 to 2024. Income taxes can be defined as the total amount of income tax expense for the given period.
- NIO income taxes for the quarter ending December 31, 2024 were $-0.010B, a 129.93% decline year-over-year.
- NIO income taxes for the twelve months ending December 31, 2024 were $-0.003B, a 108.51% decline year-over-year.
- NIO annual income taxes for 2024 were $-0.003B, a 108.51% decline from 2023.
- NIO annual income taxes for 2023 were $0.037B, a 359.86% increase from 2022.
- NIO annual income taxes for 2022 were $0.008B, a 20.46% increase from 2021.
NIO Annual Income Taxes
(Millions of US $) |
| 2024 |
$-3 |
| 2023 |
$37 |
| 2022 |
$8 |
| 2021 |
$7 |
| 2020 |
$1 |
| 2019 |
$1 |
| 2018 |
$3 |
| 2017 |
$0 |
NIO Quarterly Income Taxes
(Millions of US $) |
| 2024-12-31 |
$-10 |
| 2024-09-30 |
$5 |
| 2024-06-30 |
$0 |
| 2024-03-31 |
$1 |
| 2023-12-31 |
$33 |
| 2023-09-30 |
$0 |
| 2023-06-30 |
$3 |
| 2023-03-31 |
$1 |
| 2022-12-31 |
$2 |
| 2022-09-30 |
$1 |
| 2022-06-30 |
$0 |
| 2022-03-31 |
$5 |
| 2021-12-31 |
$5 |
| 2021-09-30 |
$1 |
| 2021-06-30 |
$0 |
| 2021-03-31 |
$1 |
| 2020-12-31 |
$0 |
| 2020-09-30 |
$0 |
| 2020-06-30 |
$0 |
| 2020-03-31 |
$0 |
| 2019-12-31 |
$0 |
| 2019-09-30 |
$0 |
| 2019-06-30 |
$1 |
| 2019-03-31 |
$0 |
| 2018-09-30 |
$0 |
| Sector |
Industry |
Market Cap |
Revenue |
| Auto/Tires/Trucks |
Auto Manufacturers - Foreign |
$8.307B |
$9.005B |
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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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