NIO Chart
About

NIO Inc. designs, develops, manufactures, and sells smart electric vehicles in China, Europe, and internationally. It offers five and six-seater electric SUVs, as well as smart electric sedans. The company also offers power solutions, including Power Home, a home charging solution; Power Swap, a battery-swapping service; Power Charger and Destination Charger; Power Mobile, a mobile charging service through charging vans; Power Map, an application that provides access to a network of public chargers and their real-time information; and One Click for power valet service. In addition, it provides repair, maintenance, and bodywork services through its service centers and authorized third-party service centers; statutory and third-party liability insurance, and vehicle damage insurance through third-party insurers; repair and maintenance; courtesy vehicle; data packages; and auto financing and financial leasing services. Further, the company is involved in the provision of energy and service packages to its users; design and technology development activities; manufacture of electric powertrains, battery packs, and components; and sales and after-sales management activities. The company was formerly known as NextEV Inc. and changed its name to NIO Inc. in July 2017. NIO Inc. was incorporated in 2014 and is based in Shanghai, China.

Fundamentals
Scroll to Statements
Sector Consumer Cyclical Industry Auto Manufacturers Market Cap 13.40B
Enterprise Value 24.82B Income -22.82B Sales 72.54B
Book/sh 0.22 Cash/sh 9.93 Dividend Yield —
Payout 0.00% Employees 45635 IPO —
P/E — Forward P/E -11.14 PEG —
P/S 0.18 P/B 24.24 P/C —
EV/EBITDA -1.93 EV/Sales 0.34 Quick Ratio 0.57
Current Ratio 0.94 Debt/Eq 228.66 LT Debt/Eq —
EPS (ttm) -1.67 EPS next Y -0.48 EPS Growth —
Revenue Growth 16.70% Earnings 2026-03-20 ROA -11.91%
ROE -160.03% ROIC — Gross Margin 11.27%
Oper. Margin -14.80% Profit Margin -31.46% Shs Outstand 2.37B
Shs Float 1.85B Short Float 7.40% Short Ratio 3.02
Short Interest — 52W High 8.02 52W Low 3.02
Beta 1.12 Avg Volume 45.05M Volume 33.57M
Target Price $6.55 Recom Buy Prev Close $5.29
Price $5.30 Change 0.19%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$6.56
Mean price target
2. Current target
$5.30
Latest analyst target
3. DCF / Fair value
$6.55
Proxy: analyst mean price target (no FCF/EPS data available).
Ratings
Current target
$5.30
Low
$4.13
High
$9.36
Mean
$6.56

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2025-11-28 up Freedom Capital Markets Hold → Buy $7
2025-11-28 main Barclays Underweight → Underweight $4
2025-11-26 main Citigroup Buy → Buy $7
2025-11-26 down Macquarie Outperform → Neutral $5
2025-09-23 main Mizuho Neutral → Neutral $7
2025-09-16 up UBS Neutral → Buy $9
2025-09-04 down Freedom Capital Markets Buy → Hold $7
2025-09-03 main Mizuho Neutral → Neutral $6
2025-09-03 main B of A Securities Neutral → Neutral $7
2025-08-26 up JP Morgan Neutral → Overweight $8
2025-08-14 main JP Morgan Neutral → Neutral $5
2025-06-17 up Goldman Sachs Sell → Neutral —
2025-06-04 main Barclays Underweight → Underweight $3
2025-06-03 main Mizuho Neutral → Neutral $4
2025-05-16 main Mizuho Neutral → Neutral $4
2025-04-24 main Goldman Sachs Sell → Sell $4
2025-04-10 main Mizuho Neutral → Neutral $4
2025-03-24 main Citigroup Buy → Buy $8
2025-03-24 main Mizuho Neutral → Neutral $4
2025-02-04 down JP Morgan Overweight → Neutral $5
Insider Transactions

No recent insider transactions.

Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems-4.56K42.55M34.58M0.00
TaxRateForCalcs0.000.250.250.25
NormalizedEBITDA-13.92B-15.32B-10.19B-985.36M
TotalUnusualItems-4.48M170.19M138.33M0.00
TotalUnusualItemsExcludingGoodwill-4.48M170.19M138.33M0.00
NetIncomeFromContinuingOperationNetMinorityInterest-22.66B-21.15B-14.56B-10.57B
ReconciledDepreciation7.70B4.91B3.99B2.35B
ReconciledCostOfRevenue52.42B48.33B40.61B27.30B
EBITDA-13.93B-15.15B-10.05B-985.36M
EBIT-21.63B-20.06B-14.05B-3.34B
NetInterestIncome55.37M1.81B1.03B274.42M
InterestExpense798.36M403.53M333.22M637.41M
InterestIncome853.73M2.21B1.36B911.83M
NormalizedIncome-22.65B-21.27B-14.66B-10.57B
NetIncomeFromContinuingAndDiscontinuedOperation-22.66B-21.15B-14.56B-10.57B
TotalExpenses87.61B78.27B64.91B40.63B
RentExpenseSupplemental1.93B1.68B1.34B845.51M
TotalOperatingIncomeAsReported-21.87B-22.66B-15.64B-4.50B
DilutedAverageShares2.05B1.70B1.64B1.57B
BasicAverageShares2.05B1.70B1.64B1.57B
DilutedEPS-11.03-12.44-8.89-6.72
BasicEPS-11.03-12.44-8.89-6.72
DilutedNIAvailtoComStockholders-22.66B-21.15B-14.56B-10.57B
NetIncomeCommonStockholders-22.66B-21.15B-14.56B-10.57B
OtherunderPreferredStockDividend6.59B
NetIncome-22.66B-21.15B-14.56B-10.57B
MinorityInterests-255.98M-427.21M-122.34M-6.56B
NetIncomeIncludingNoncontrollingInterests-22.40B-20.72B-14.44B-4.02B
NetIncomeContinuousOperations-22.40B-20.72B-14.44B-4.02B
TaxProvision-22.82M260.83M55.10M42.27M
PretaxIncome-22.42B-20.46B-14.38B-3.97B
OtherIncomeExpense-605.82M389.78M233.16M247.20M
OtherNonOperatingIncomeExpenses-98.14M155.19M-282.95M184.69M
SpecialIncomeCharges-4.48M170.19M138.33M0.00
OtherSpecialCharges4.48M-170.19M-138.33M
EarningsFromEquityInterest-503.19M64.39M377.77M62.51M
NetNonOperatingInterestIncomeExpense55.37M1.81B1.03B274.42M
InterestExpenseNonOperating798.36M403.53M333.22M637.41M
InterestIncomeNonOperating853.73M2.21B1.36B911.83M
OperatingIncome-21.87B-22.66B-15.64B-4.50B
OperatingExpense28.37B25.71B20.78B11.32B
OtherOperatingExpenses-411.53M-608.98M-588.73M-152.25M
OtherTaxes409.69M290.46M285.08M198.57M
ProvisionForDoubtfulAccounts-3.76M-26.32M48.71M54.33M
DepreciationAmortizationDepletionIncomeStatement882.86M672.67M484.36M337.71M
DepreciationAndAmortizationInIncomeStatement882.86M672.67M484.36M337.71M
ResearchAndDevelopment13.04B13.43B10.84B4.59B
SellingGeneralAndAdministration14.45B11.95B9.72B6.29B
SellingAndMarketingExpense3.41B2.64B1.78B1.43B
GeneralAndAdministrativeExpense11.04B9.31B7.94B4.86B
OtherGandA1.71B1.69B2.07B1.12B
RentAndLandingFees1.93B1.68B1.34B845.51M
SalariesAndWages7.41B5.93B4.53B2.89B
GrossProfit6.49B3.05B5.14B6.82B
CostOfRevenue59.24B52.57B44.12B29.31B
TotalRevenue65.73B55.62B49.27B36.14B
OperatingRevenue58.23B49.26B45.51B33.17B
Line Item2024-12-312023-12-312022-12-312021-12-31
TreasurySharesNumber3.47M18.06M18.06M18.08M
OrdinarySharesNumber2.09B2.08B1.66B1.69B
ShareIssued2.09B2.10B1.68B1.71B
NetDebt1.24B5.58B8.79B1.70B
TotalDebt33.82B34.73B36.27B20.16B
TangibleBookValue5.74B25.31B23.66B34.51B
InvestedCapital26.53B48.41B52.55B51.75B
WorkingCapital-424.98M12.58B13.30B34.44B
NetTangibleAssets5.74B25.31B23.66B34.51B
CapitalLeaseObligations13.26B11.86B7.59B3.12B
CommonStockEquity5.97B25.55B23.87B34.71B
TotalCapitalization17.41B38.59B34.75B44.45B
TotalEquityGrossMinorityInterest13.51B29.60B24.09B34.79B
MinorityInterest7.54B4.05B221.37M75.63M
StockholdersEquity5.97B25.55B23.87B34.71B
GainsLossesNotAffectingRetainedEarnings582.66M432.99M1.04B-276.30M
OtherEquityAdjustments582.66M432.99M1.04B-276.30M
TreasuryStock239.33M1.85B1.85B1.85B
RetainedEarnings-113.07B-90.76B-69.91B-55.63B
AdditionalPaidInCapital118.69B117.72B94.59B92.47B
CapitalStock3.66M3.62M2.92M2.89M
CommonStock3.66M3.62M2.92M2.89M
TotalLiabilitiesNetMinorityInterest94.10B87.79B72.17B48.10B
TotalNonCurrentLiabilitiesNetMinorityInterest31.79B29.99B26.32B18.90B
OtherNonCurrentLiabilities308.71M63.69M254.55M287.81M
PreferredSecuritiesOutsideStockEquity3.86B3.56B3.28B
DuetoRelatedPartiesNonCurrent329.49M0.00
TradeandOtherPayablesNonCurrent779.70M0.00
NonCurrentDeferredLiabilities3.56B3.59B2.82B1.80B
NonCurrentDeferredRevenue3.44B3.38B2.60B1.76B
NonCurrentDeferredTaxesLiabilities127.47M212.35M218.19M25.20M
LongTermDebtAndCapitalLeaseObligation22.74B23.14B17.42B12.09B
LongTermCapitalLeaseObligation11.30B10.09B6.53B2.35B
LongTermDebt11.44B13.04B10.89B9.74B
LongTermProvisions4.07B3.20B2.28B1.44B
CurrentLiabilities62.31B57.80B45.85B29.20B
OtherCurrentLiabilities16.43M
CurrentDeferredLiabilities4.07B2.86B2.11B1.42B
CurrentDeferredRevenue4.07B2.86B2.11B1.38B
CurrentDebtAndCapitalLeaseObligation11.09B11.59B18.85B8.07B
CurrentCapitalLeaseObligation1.96B1.77B1.06B772.38M
CurrentDebt9.13B9.82B17.79B7.30B
OtherCurrentBorrowings4.64B5.04B1.24B2.07B
LineOfCredit4.49B4.78B4.04B5.23B
CurrentNotesPayable15.65B12.51B
CurrentProvisions652.63M709.29M669.79M518.43M
PayablesAndAccruedExpenses46.50B42.64B24.23B19.19B
CurrentAccruedExpenses841.89M1.08B1.68B538.53M
InterestPayable86.47M135.49M32.27M41.15M
Payables45.65B41.56B22.54B18.65B
OtherPayable10.46B10.89B9.16B4.70B
DuetoRelatedPartiesCurrent409.36M561.62M384.61M687.20M
TotalTaxPayable400.15M349.35M286.30M627.79M
AccountsPayable34.39B29.77B12.71B12.64B
TotalAssets107.60B117.38B96.26B82.88B
TotalNonCurrentAssets45.72B47.00B37.11B19.24B
OtherNonCurrentAssets359.78M272.93M224.43M60.77M
NonCurrentPrepaidAssets1.20B1.09B944.77M636.12M
DuefromRelatedPartiesNonCurrent0.00
NonCurrentAccountsReceivable804.41M2.43B5.86B4.46B
InvestmentsAndAdvances3.13B5.49B6.36B3.06B
InvestmentinFinancialAssets1.85B3.98B
HeldToMaturitySecurities12.09M1.88B
AvailableForSaleSecurities1.82B2.09B
TradingSecurities23.42M21.00M
LongTermEquityInvestment1.28B1.51B
GoodwillAndOtherIntangibleAssets231.64M236.95M212.60M199.12M
OtherIntangibleAssets231.64M236.95M212.60M199.12M
NetPPE40.00B37.48B23.52B10.83B
AccumulatedDepreciation-15.56B-10.32B-6.94B-4.20B
GrossPPE55.56B47.80B30.46B15.03B
Leases6.12B5.16B3.41B1.88B
ConstructionInProgress4.86B4.07B3.55B1.68B
OtherProperties30.80B26.86B16.26B8.52B
MachineryFurnitureEquipment12.87B10.80B6.35B2.08B
BuildingsAndImprovements913.28M912.38M890.58M875.56M
Properties0.000.000.000.00
CurrentAssets61.89B70.38B59.15B63.64B
OtherCurrentAssets-42.04M
HedgingAssetsCurrent0.00104.28M
RestrictedCash19.69B17.06B3.15B2.99B
PrepaidAssets1.13B815.78M891.11M251.87M
Inventory7.09B5.28B8.19B2.06B
InventoriesAdjustmentsAllowances-245.90M-183.85M-149.67M-2.85M
FinishedGoods4.92B3.13B5.20B1.05B
WorkInProcess141.19M90.03M171.00M3.92M
RawMaterials2.27B2.25B2.97B1.01B
Receivables11.88B9.00B7.85B5.84B
ReceivablesAdjustmentsAllowances-1.91M-5.41M-4.03M-3.93M
OtherReceivables159.95M310.89M373.40M339.23M
DuefromRelatedPartiesCurrent7.70B1.72B1.58B1.57B
TaxesReceivable2.33B2.27B779.69M1.04B
AccruedInterestReceivable16.94M42.34M10.17M97.73M
AccountsReceivable1.68B4.66B5.12B2.80B
AllowanceForDoubtfulAccountsReceivable-46.18M-38.54M-39.60M-25.42M
GrossAccountsReceivable1.72B4.70B5.16B2.82B
CashCashEquivalentsAndShortTermInvestments22.09B38.22B39.06B52.39B
OtherShortTermInvestments2.77B5.29B19.17B37.06B
CashAndCashEquivalents19.33B32.94B19.89B15.33B
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow-16.99B-15.72B-10.84B-2.11B
RepaymentOfDebt-10.85B-9.52B-8.58B-2.47B
IssuanceOfDebt9.22B16.14B6.92B15.67B
IssuanceOfCapitalStock0.0020.96B0.0012.68B
CapitalExpenditure-9.14B-14.34B-6.97B-4.08B
InterestPaidSupplementalData641.90M285.48M274.35M218.83M
IncomeTaxPaidSupplementalData77.19M6.01M
EndCashPosition27.75B38.62B23.16B18.37B
BeginningCashPosition38.62B23.16B18.37B38.55B
EffectOfExchangeRateChanges161.04M70.25M-121.90M-500.96M
ChangesInCash-11.04B15.40B4.90B-19.67B
FinancingCashFlow1.77B27.66B-1.62B18.13B
CashFlowFromContinuingFinancingActivities1.77B27.66B-1.62B18.13B
NetOtherFinancingCharges3.30B-250.00K-35.88M-7.90B
ProceedsFromStockOptionExercised111.35M86.82M78.73M144.56M
NetCommonStockIssuance0.0020.96B0.0012.68B
CommonStockIssuance0.0020.96B0.0012.68B
NetIssuancePaymentsOfDebt-1.63B6.61B-1.66B13.21B
NetLongTermDebtIssuance-1.63B6.61B-1.66B13.21B
LongTermDebtPayments-10.85B-9.52B-8.58B-2.47B
LongTermDebtIssuance9.22B16.14B6.92B15.67B
InvestingCashFlow-4.96B-10.89B10.39B-39.76B
CashFlowFromContinuingInvestingActivities-4.96B-10.89B10.39B-39.76B
NetOtherInvestingChanges50.00M
NetInvestmentPurchaseAndSale4.34B3.80B17.35B-35.14B
SaleOfInvestment50.50B47.78B106.93B101.12B
PurchaseOfInvestment-46.15B-43.98B-89.58B-136.27B
NetBusinessPurchaseAndSale-392.44M-421.73M7.72M-592.57M
SaleOfBusiness0.000.00286.76M0.00
PurchaseOfBusiness-392.44M-421.73M-279.04M-592.57M
NetPPEPurchaseAndSale-8.91B-14.27B-6.97B-4.08B
SaleOfPPE231.52M73.06M3.62M1.13M
PurchaseOfPPE-9.14B-14.34B-6.97B-4.08B
OperatingCashFlow-7.85B-1.38B-3.87B1.97B
CashFlowFromContinuingOperatingActivities-7.85B-1.38B-3.87B1.97B
ChangeInWorkingCapital3.61B13.09B4.25B2.67B
ChangeInOtherWorkingCapital192.99M25.20M
ChangeInOtherCurrentLiabilities-135.67M249.96M604.30M1.03B
ChangeInOtherCurrentAssets1.39B2.60B-1.85B-3.71B
ChangeInPayablesAndAccruedExpense6.20B6.94B15.13B9.53B
ChangeInAccruedExpense1.26B1.83B4.12B2.49B
ChangeInPayable4.95B5.11B11.01B7.05B
ChangeInAccountPayable4.72B4.87B11.65B6.26B
ChangeInTaxPayable53.32M61.01M-341.59M446.98M
ChangeInIncomeTaxPayable53.32M61.01M-341.59M446.98M
ChangeInPrepaidAssets940.17M279.39M-1.24B-38.91M
ChangeInInventory-1.79B2.90B-6.26B-990.55M
ChangeInReceivables-3.00B123.68M-2.14B-3.16B
ChangesInAccountReceivables2.99B453.38M-2.30B-1.72B
StockBasedCompensation1.93B2.37B2.30B1.01B
ProvisionandWriteOffofAssets-3.76M-26.32M48.71M54.33M
AssetImpairmentCharge178.68M65.36M183.74M1.10M
DeferredTax-84.88M200.89M192.99M25.20M
DeferredIncomeTax-84.88M200.89M192.99M25.20M
DepreciationAmortizationDepletion7.70B4.91B3.99B2.35B
DepreciationAndAmortization7.70B4.91B3.99B2.35B
Depreciation7.70B4.91B1.14B2.35B
OperatingGainsLosses1.22B-1.26B-395.27M-126.90M
EarningsLossesFromEquityInvestments503.19M-64.39M-377.77M-62.51M
GainLossOnInvestmentSecurities438.05M-969.13M-174.85M-105.61M
NetForeignCurrencyExchangeGainLoss212.05M-55.46M282.89M10.11M
GainLossOnSaleOfPPE63.62M-4.47M12.81M31.11M
GainLossOnSaleOfBusiness0.00
NetIncomeFromContinuingOperations-22.40B-20.72B-14.44B-4.02B
SEC Filings

No SEC filings found for this symbol (may be non-US or ticker not in SEC index).

Public Trades for NIO
Date User Asset Broker Type Position Size Entry Price Patterns