profit from every $100 of sales.
$0$100
NIO
$3.24-1.22% today
-51.1% in 1 year
1-year low $3.191-year high $6.87
Trading close to its lowest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
It has no yearly profit to compare the price with.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What NIO sold, what it kept, and what it did with the cash.
Sales went from CN¥49.3 billion in 2022 to CN¥87.5 billion in 2025, with -CN¥15.6 billion of profit last year.
SalesProfit
NIO vs. similar companies
How it compares with the largest companies in its industry.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| NIO | No profit yet | ||
 Rivian Automotive | No profit yet | ||
 Stellantis | No profit yet | ||
 Li Auto | 70.4× · Very expensive | ||
 VinFast Auto | No profit yet |
AI analysis
An AI analyst reads NIO's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of CNY | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 49,269 | 55,618 | 65,732 | 87,488 | |
| 5,144 | 3,052 | 6,493 | 11,916 | |
| -15,641 | -22,655 | -21,874 | -14,041 | |
| -10,055 | -15,148 | -13,925 | -4,560 | |
| -14,559 | -21,147 | -22,658 | -15,571 | |
| -8.89 | -12.44 | -11.03 | -6.85 | |
| 10.4% | 5.5% | 9.9% | 13.6% | |
| -31.7% | -40.7% | -33.3% | -16.0% | |
| -29.6% | -38.0% | -34.5% | -17.8% |
Balance sheet
| In millions of CNY | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 96,264 | 117,383 | 107,605 | 124,401 |
| Cash | 19,888 | 32,935 | 19,329 | 11,274 |
| Total debt | 36,265 | 34,725 | 33,823 | 31,263 |
| Total liabilities | 72,174 | 87,787 | 94,098 | 111,709 |
| 23,868 | 25,546 | 5,967 | 4,159 | |
| 1,637 | 1,700 | 2,055 | 2,273 | |
| -18.5% | -26.3% | -42.9% | -31.1% | |
| -61.0% | -82.8% | -379.7% | -374.3% |
Cash flow
| In millions of CNY | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| -3,866 | -1,382 | -7,849 | 2,993 | |
| 6,973 | 14,341 | 9,142 | 6,065 | |
| -10,839 | -15,722 | -16,991 | -3,073 | |
| Dividends paid | – | – | – | – |
| – | – | – | – | |
| 2,296 | 2,369 | 1,929 | 1,791 |
Valuation
- –
- –
- –
- 25.1×
- 0.6×
- –
- –
- -5.7%
- -28.8%
- 0.0%
Profitability
- 13.6%
- -16.0%
- -17.8%
- -16.0%
- -26.9%
- -38.0%
- -984.8%
- -12.4%
- -31.3%
- 12.2%
Growth
- +21.1%
- –
- +81.9%
- –
- +9.6%
Financial health
- –
- 6.31
- 21.1%
- -16.3×
- 0.98
- 0.87
- 0.70
How it ranks in Consumer Discretionary
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 1%of 978
Bottom 2%of 992
Top 16%of 993
Bottom 8%of 979
What analysts expect
- Average price target
- $6.45
- Range
- $6.10 – $6.80
- 1 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Mar 10, 2026 | 0.01 | -0.05 | +120.0% |
| Nov 25, 2025 | -0.21 | -0.22 | +5.5% |
| Sep 2, 2025 | -0.26 | -0.31 | +16.6% |
| Jun 3, 2025 | -0.45 | -0.22 | −104.5% |
| Mar 21, 2025 | -0.47 | -0.33 | −42.4% |
| Nov 20, 2024 | -0.36 | -0.32 | −12.5% |
| Sep 5, 2024 | -0.34 | -0.46 | +26.1% |
| Jun 6, 2024 | -0.36 | -0.31 | −16.1% |
News
Stock Market Today, Sept. 29: Nio Slides on Geely's 30% Stake Purchase in Battery Swap BusinessYahoo Finance · Sep 29, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
6No pass
Benjamin Graham
4No pass
Philip Fisher
27No pass
Peter Lynch
36No pass
Joel Greenblatt
0No pass
Charlie Munger
5No pass
Terry Smith
10No pass
Questions about NIO
Is NIO a good stock to buy?
A business with weak numbers that is not profitable yet. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the NIO AI analysis
What does NIO do?
NIO Inc. designs, develops, manufactures, and sells smart electric vehicles in China. It offers five and six-seater electric SUVs, as well as smart electric sedans. It is in Auto - Manufacturers, based in Shanghai, China, with 35,032 employees.
Does NIO pay a dividend?
No. NIO does not pay a dividend at the moment.
Is NIO stock halal?
No. NIO does not pass our halal screen: its debt is 58% of its market value, at or above the 33% limit. How we check
How has NIO stock done over the past year?
Down 51.1% over the past twelve months, to $3.24. It traded between $3.19 and $6.87 and is 52.8% below its high.
Who are NIO's competitors?
The largest listed companies in the same industry are Rivian Automotive, Stellantis, Li Auto and VinFast Auto. The peers table on this page compares their profit, growth and price with NIO's.
Prices: daily closes to Nov 11, 2026. Fundamentals: company reports via invest-like data.