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Stock impact report

NIO Inc (NIO) Q3 2024 Earnings Call Highlights: Record Deliveries Amidst Revenue Challenges [Yahoo! Finance]

NIO Inc. American depositary shares, each representing one Class A ordinary share (NIO) 
Last nio inc. american depositary shares, each representing one class a ordinary share earnings: 3/18 07:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
Other Sales: RMB2 billion, grew by 19.2% year over year, up 11.9% quarter over quarter. Vehicle Margin: 13.1%, compared to 11% in Q3 2023 and 12.2% last quarter. Overall Gross Margin: 10.7%, up from 8% in Q3 2023 and 9.7% last quarter. R&D Expenses: RMB3.3 billion, increased 9.2% year over year, up 3.1% quarter over quarter. SG&A Expenses: RMB4.1 billion, increased 13.8% year over year, up 9.3% quarter over quarter. Loss from Operations: RMB5.2 billion, up 8.1% year over year, relatively flat quarter over quarter. Net Loss: RMB5.1 billion, increased 11% year over year, relatively stable quarter over quarter. Cash and Cash Equivalents: RMB42.2 billion. Warning! GuruFocus has detected 4 Warning Signs with NIO. Release Date: November 20, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript NIO Inc ( NYSE:NIO ) achieved a new quarterly record with 61,855 vehicle deliveries in Q3 2024. The company maintained its p Show less Read more
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