Nio said its total revenue soared 98.9% year-over-year (YoY) to RMB17.45 billion (US$2.16 billion) for the quarter ended June 30, beating Wall Street projection of RMB17.38 billion. On non GAAP basis, adjusted loss from operations, excluding share-based compensation expenses, narrowed 14% Yo...
Credit:Nio Nio missed both top and bottom line for the quarter ended September 30 2024. Total revenue declined 2.1% year-over-year (YoY) to RMB18.67 billion (US$2.58 billion), whereas analysts estimated revenue of RMB19.17 billion. On non GAAP basis, adusted net loss exccluding share-based...
Despite the revenue downturn, NIO achieved a gross profit of 487.7 million yuan (US$67.6 million) in Q1 2024, a substantial 200.5% increase from the same quarter last year, though down 61.9% from the previous quarter. The gross margin improved to 4.9% in Q1 2024, up from 1.5% in Q1 2...
The increase in other sales over the third quarter of 2022 was mainly due to the increase of revenue from rendering of research and development services, and increase in sales from accessories, charging piles and used cars in line with the incremental vehicle sales, partially offse...
Nio said its total revenue soared 98.9% year-over-year (YoY) to RMB17.45 billion (US$2.16 billion) for the quarter ended June 30, beating Wall Street projection of RMB17.38 billion. On non GAAP basis, adjusted loss from operations, excluding share-based compensation expenses, narrowed 14% Yo...
Nio said its total revenue soared 98.9% year-over-year (YoY) to RMB17.45 billion (US$2.16 billion) for the quarter ended June 30, beating Wall Street projection of RMB17.38 billion. On non GAAP basis, adjusted loss from operations, excluding share-based compensation expenses, narrowed 14% Yo...
NIO achieved revenue of 3.44 billion yuan (about 499.7 million U.S. dollars) in the fourth quarter of 2018, surging by 133.8 percent from the third quarter of 2018. The company's vehicle sales hit 4.85 billion yuan for the whole year of 2018, accounting for 98 percent of total revenue ...
Nio reported revenue of RMB9.91 billion (US$1.37 billion) in the quarter ended March 31, 2024, representing a 7.2% year-over-year (YoY) decline. The revenue fell short of analysts estimated US$1.4 billion. The net loss per share of RMB2.39, or US$0.36, also missed Wall Street expectati...
Q1 next year when the capability and capacity are well established our SG&A expenses were also gradually coming down. So at the moment, the SG&A is taking a major chunk -- taking a big chunk of our sales revenue, but this will gradually come to a reasonable level starting Q1 next year....
Nio missed both top and bottom line for the quarter ended September 30 2024. Total revenue declined 2.1% year-over-year (YoY) to RMB18.67 billion (US$2.58 billion), whereas analysts estimated revenue of RMB19.17 billion. On non GAAP basis, adusted net loss exccluding share-based compensation...