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Chinese Electric Vehicle Stocks Fall After NIO's Guidance Disappoints
NIO Stock Tumbles. Why the EV Maker's Earnings Are Spooking Investors
NIO-SW (09866) achieved a total revenue of 65.7316 billion yuan in 2024, a year-on-year growth of 18.2%, with auto delivery volume reaching a new high.
NIO-SW (09866) announced its performance for the fourth quarter of 2024, with Auto deliveries reaching 72,689 units, and so on...
Nio Reports Higher Net Loss in Q4, Gross Margin Improves
NIO's revenue for the fourth quarter was 19.7 billion yuan, with an adjusted net loss of 6.6 billion yuan.
On the afternoon of March 21, news reported that NIO (NYSE: NIO; HKEX: 9866; SGX: NIO) today released its Earnings Reports for the fourth quarter and the entire year of 2024, ending on December 31. In the fourth quarter, total revenue was 19.7034 billion yuan, an increase of 15.2% year-on-year and a sequential growth of 5.5%. The net loss was 7.1115 billion yuan, a year-on-year increase in loss of 32.5% and a sequential increase in loss of 40.6%. Excluding GAAP, the adjusted net loss was 6.6222 billion yuan, a year-on-year increase in loss of 37.9% and a sequential increase in loss of 50.1%. For the full year of 2024.
Nio Higher Vehicle Margin in 4Q Due to Lower Material Cost Per Unit>NIO
Nio 2024 Gross Margin 9.9% Vs. 5.5%>NIO
Nio Sees 1Q Total Deliveries Between 41,000-43,000 Units, Up 36.4%-43.1%>NIO
NIO-SW: ANNOUNCEMENT OF THE2024 FOURTH QUARTER AND FULL YEAR RESULTS
GUIDANCE: (NIO) Nio Expects Q1 Total Revenue Range 12.37B Chinese Renminbi - 12.86B Renminbi, Vs. FactSet Est of 17.96B Renminbi
Express News | NIO Reported Q4 Vehicle Deliveries Of 72,689, Up By 45.2% YoY
NIO Misses Q4 Top-line and Bottom-line Estimates; Initiates Q1 Outlook
NIO Q4 Adj $(0.43) Misses $(0.42) Estimate, Sales $2.70B Miss $2.85B Estimate
Earnings Flash (NIO) Nio Posts Q4 Adjusted Net Loss -3.17 Chinese Renminbi per ADS, Vs. FactSet Est of -2.39 Renminbi Loss
NIO's Q4 revenue increased by 15.2% year-on-year, with a net loss of 22.4 billion yuan for the entire year | Earnings Reports insight.
In Q4, 72,689 vehicles were delivered, setting a new record with a year-on-year growth of 45.2%, while the net loss was 7.112 billion yuan, an increase of 32.5% year-on-year. The delivery guidance for the first quarter of 2025 is between 41,000 and 43,000 vehicles, representing a year-on-year growth of approximately 36.4% to about 43.1%.
Nio 4Q Rev CNY19.70B Vs. CNY17.10B >NIO
Express News | NIO Inc - Quarterly Vehicle Deliveries Were 72,689 Units