[Rewards] NIO Q1 2022 Earnings Highlights
Shanghai is reopening meanwhile the cost pressure is also escalated
![[Rewards] NIO Q1 2022 Earnings Highlights](https://ussnsimg.moomoo.com/1654945819784.jpg/bigmoo)
KEY Figures:
● Total Q1 2022 revenue was $1.56 billion, up 24.2% Y/Y, which beat the estimate of $1.49 billion.
● Net loss attributable to the ordinary shareholders was $287.9 million, representing a decrease of 62.6% Y/Y.
● Vehicle margin was 18.1% in the Q1 2022, decreased from 21.2% Y/Y and 20.9% Q/Q.
● Deliveries of vehicles were 25,768 in the Q1 2022, up 28.5% Y/Y and an increase of 2.9% Q/Q.
● For Q2 2022, NIO expects to deliver 23,000 and 25,000 vehicles, up approximately 5.0% to 14.2% Y/Y.
● NIO expects the Q2 2022 total revenue to be between $1,473 million and $1,591 million, indicating an increase of 10.6% to 19.4% Y/Y.
More statistics:
![[Rewards] NIO Q1 2022 Earnings Highlights](https://ussnsimg.moomoo.com/1654945820135.png/bigmoo)
KEY Points:
● NIO successfully listed on the Singapore Exchange Securities Trading Limited on May 2022, strengthening its global impact.
● To May 31, 2022, NIO’s cumulative deliveries reached 204,936 vehicles.
● To recover from the COVID-19 impact, NIO has been working closely with supply chain partners to ramp up its production capacity and accelerate the delivery since June.
● For the widened net loss, NIO will strive to optimize its cost structure, improving operation efficiency and create long-term value for all shareholders.
● The ES7, a new five-seater SUV based on NT2.0, is expected to delivery in late August. In the following, NIO expects to start the delivery of the ET5 in September 2022.
● EV is still a competitive sector, with Tesla having the most global brand recognition, and BYD owning the largest market share in China.
The KEY in your hands:
By June 2022, NIO’s share price has dropped about 40% since the start of 2022, underperforming the S&P 500, which is about 18% declined in the same period.
Therefore, how do you see the NIO currently? What is your opinion or analysis about it? Speak out with mooers and get inspired by sharing!
Rewards:
Comment here before June 25 ET. Based on content originality, quality and engagement, One mooer has the chance to win 600 points! The other Two mooers will win 300 points for each! For sure, any comment is welcomed!
For more information please visit:
NIO Q1 2022 Earnings one on page
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NIO Q1 2022 Earnings one on page
Previously Points Reward Notification
Disclaimer:
Comments above are made available for informational purposes only. Before investing, please consult a licensed professional. *Source of data: ir.nio.com/static-files/4ed66607-e6df-4431-bf32-3881feb24af4
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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Nikkii : Sales growing but not fast enough. Gross margin dropping under pressure of competition within Chinese market (Li Auto recorded higher gross margin at same period). Not too promising earning report and need to explore sales outside China urgently.
MonkeyGee : Don't worry with this unreal oil price EV sales will triple in the coming quarters.
steady Pom pipi : Which is better, NIO, Didi, or Alibaba?
According to my own very painful experience, if you don't want to lose money, don't buy China Securities.
boardndahouse18 : Competition will be a challenge... With inflation ramping up globally and tightening of monetary policy in other countries despite China's looser path with hurt Nio short to near term due to conservative Chinese consumers.
whqqq : please accept my heartfelt thanks, it really help me a lot!![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
71860595 : The company use of the battery-as-a-service is very smart idea to secure revenues while owning the battery as the most valuable asset in EV. I believe in the CEO and I believe in the quality of Nio products.
Insider-tip,
Chinese ICE auto makers are doing extremely well in Saudi Arabia. Nio could easily dominate the EV in Riyadh before Tesla and Lucid enter the market. Gas prices in Saudi Arabia 2.3 usd per gallon (half of the US prices) while electricity 3.5 cents per kwh. 500 k cars enters the market annually in Saudi Arabia, and Nio can definitely have its market share very easy.
juglansgo 71860595 : WOW, great news!![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
juglansgo steady Pom pipi : Once bitten by a snake, I suddenly woke up with birds singing everywhere.![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
steady Pom pipi juglansgo :
Deep Value 71860595 :![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")