NIO Inc
NIO
$5.04 0.60%
Exchange: NYSE | Sector: Consumer Cyclical | Industry: Auto Manufacturers
Q2 2022
Published: Jun 30, 2022

Earnings Highlights

  • Revenue of $10.29B up 21.8% year-over-year
  • EPS of $-1.69 increased by 302.4% from previous year
  • Gross margin of 13.0%
  • Net income of -2.76B
  • "William Li: "Despite the significant increase in battery costs in Q2, the vehicle gross margin reached 16.7%... aided by higher specifications of our new models."" - William Li
NIO
NIO Inc

Executive Summary

NIO Inc reported significant challenges in Q2 2022, marked by ongoing supply chain issues and rising battery costs, which led to a substantial net loss of RMB 2.8 billion. However, vehicle deliveries increased by 14.4% year-over-year, showcasing resilience amid external pressures. Management expressed optimism for the second half of 2022, anticipating robust growth driven by the ramp-up in production of new models. Key metrics reveal a mixed financial picture, emphasizing the need for strategic investment and operational execution to regain momentum in profitability.

Key Performance Indicators

Revenue
Increasing
10.29B
QoQ: 3.85% | YoY: 21.83%
Gross Profit
Decreasing
1.34B
13.02% margin
QoQ: -7.36% | YoY: -14.84%
Operating Income
Increasing
-2.85B
QoQ: 30.01% | YoY: 272.79%
Net Income
Increasing
-2.76B
QoQ: 54.69% | YoY: 369.68%
EPS
Increasing
-1.69
QoQ: 53.64% | YoY: 302.38%

Revenue Trend

Margin Analysis

Historical Earnings Comparison

PeriodRevenue ($M)EPS ($)YoY GrowthReport
Q3 2024 18,673.53 -2.50 -2.1% View
Q2 2024 17,445.97 -2.50 +98.9% View
Q1 2024 9,908.64 -2.57 -7.2% View
Q4 2023 17,103.18 -3.18 +6.5% View
Q3 2023 19,066.55 -2.67 +46.6% View
Q2 2022 10,292.36 -1.69 +21.8% View