NIO Asset Turnover 2019-2025 | NIO
Current and historical asset turnover for NIO (NIO) from 2019 to 2025. Asset turnover can be defined as the amount of sales or revenues generated per dollar of assets. The asset turnover ratio is an indicator of the efficiency with which a company is deploying its assets. NIO asset turnover for the three months ending March 31, 2025 was 0.12.
Sector |
Industry |
Market Cap |
Revenue |
Auto/Tires/Trucks |
Auto Manufacturers - Foreign |
$10.269B |
$9.005B |
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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