NIO Inc
NYSE:NIO

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NIO Inc
NYSE:NIO
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Price: 4.69 USD 1.52% Market Closed
Market Cap: 9.8B USD
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NIO Inc
Other Current Assets

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
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NIO Inc
Other Current Assets Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Other Current Assets CAGR 3Y CAGR 5Y CAGR 10Y
NIO Inc
NYSE:NIO
Other Current Assets
ÂĄ9.1B
CAGR 3-Years
31%
CAGR 5-Years
34%
CAGR 10-Years
N/A
Li Auto Inc
HKEX:2015
Other Current Assets
ÂĄ4.2B
CAGR 3-Years
45%
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Great Wall Motor Co Ltd
SSE:601633
Other Current Assets
ÂĄ9.1B
CAGR 3-Years
-14%
CAGR 5-Years
-3%
CAGR 10-Years
24%
BYD Co Ltd
SZSE:002594
Other Current Assets
ÂĄ32.7B
CAGR 3-Years
38%
CAGR 5-Years
26%
CAGR 10-Years
30%
Seres Group Co Ltd
SSE:601127
Other Current Assets
ÂĄ30.7B
CAGR 3-Years
152%
CAGR 5-Years
98%
CAGR 10-Years
N/A
SAIC Motor Corp Ltd
SSE:600104
Other Current Assets
ÂĄ51.5B
CAGR 3-Years
-34%
CAGR 5-Years
-19%
CAGR 10-Years
1%
No Stocks Found

NIO Inc
Glance View

Market Cap
9.8B USD
Industry
Automobiles
Economic Moat
None

In the bustling heart of China's innovation hub, the city of Shanghai, NIO Inc. emerged in 2014 as one of the frontrunners in the electric vehicle revolution. This startup, with an eye on revolutionizing the transportation industry, quickly established itself as a formidable competitor to electric vehicle giants like Tesla. NIO's primary focus is on designing, manufacturing, and selling smart electric vehicles that blend cutting-edge technology with luxury aesthetics, appealing to a growing demographic of environmentally conscious consumers eager for sustainable mobility solutions. At its core, NIO operates through the design and production of electric vehicles (EVs) that emphasize technological integration and user experience. Its vehicles are equipped with advanced features such as NIO Pilot—an autonomous driving system, and NOMI—an artificial intelligence-powered in-car assistant. NIO's business model extends beyond merely selling EVs; it also includes a unique Battery-as-a-Service (BaaS) solution, which allows customers to subscribe to battery packs instead of purchasing them outright. This not only reduces the upfront cost of NIO’s electric vehicles but also alleviates consumer concerns about battery life degradation. Moreover, NIO has been actively developing a network of battery swapping stations, enhancing the convenience of owning an EV by allowing quick battery changes to keep vehicles on the road longer. These innovative approaches enable NIO to generate recurring revenue streams while building brand loyalty. By integrating premium services and products, NIO caters to a growing electric vehicle market, working to position itself as a key player in reshaping global transportation landscapes.

NIO Intrinsic Value
11.4 USD
Undervaluation 59%
Intrinsic Value
Price

See Also

What is NIO Inc's Other Current Assets?
Other Current Assets
9.1B CNY

Based on the financial report for Sep 30, 2024, NIO Inc's Other Current Assets amounts to 9.1B CNY.

What is NIO Inc's Other Current Assets growth rate?
Other Current Assets CAGR 5Y
34%

Over the last year, the Other Current Assets growth was 24%. The average annual Other Current Assets growth rates for NIO Inc have been 31% over the past three years , 34% over the past five years .

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