NIO Net Profit Margin 2019-2023 | NIO
Current and historical net profit margin for NIO (NIO) from 2019 to 2023. Net profit margin can be defined as net Income as a portion of total sales revenue. NIO net profit margin for the three months ending December 31, 2023 was .
| NIO Net Profit Margin Historical Data |
| Date |
TTM Revenue |
TTM Net Income |
Net Margin |
| 2023-12-31 |
$7.83B |
$-2.98B |
-38.00% |
| 2023-09-30 |
$7.59B |
$-3.01B |
-39.62% |
| 2023-06-30 |
$6.81B |
$-2.96B |
-43.42% |
| 2023-03-31 |
$7.14B |
$-2.52B |
-35.35% |
| 2022-12-31 |
$7.14B |
$-2.11B |
-29.55% |
| 2022-09-30 |
$6.55B |
$-1.65B |
-25.18% |
| 2022-06-30 |
$6.24B |
$-1.51B |
-24.20% |
| 2022-03-31 |
$6.02B |
$-1.20B |
-20.00% |
| 2021-12-31 |
$5.67B |
$-1.66B |
-29.26% |
| 2021-09-30 |
$5.15B |
$-1.56B |
-30.29% |
| 2021-06-30 |
$4.30B |
$-1.29B |
-30.06% |
| 2021-03-31 |
$3.52B |
$-1.36B |
-38.71% |
| 2020-12-31 |
$2.49B |
$-0.86B |
-34.51% |
| 2020-09-30 |
$1.79B |
$-0.99B |
-55.44% |
| 2020-06-30 |
$1.38B |
$-1.18B |
-85.08% |
| 2020-03-31 |
$1.08B |
$-1.49B |
-138.33% |
| 2019-12-31 |
$1.12B |
$-1.64B |
-145.82% |
| 2019-09-30 |
$0.93B |
$-2.66B |
-284.37% |
| Sector |
Industry |
Market Cap |
Revenue |
| Auto/Tires/Trucks |
Auto Manufacturers - Foreign |
$6.722B |
$7.834B |
|
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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