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NIO (NIO) Pre-Tax Income : $-2,873 Mil (TTM As of Dec. 2023)


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What is NIO Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. NIO's pretax income for the three months ended in Dec. 2023 was $-719 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2023 was $-2,873 Mil. NIO's pretax margin was -30.02%.

During the past 8 years, NIO's highest Pretax Margin was -11.00%. The lowest was -194.24%. And the median was -34.69%.


NIO Pre-Tax Income Historical Data

The historical data trend for NIO's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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NIO Pre-Tax Income Chart

NIO Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pre-Tax Income
Get a 7-Day Free Trial -1,609.39 -810.14 -624.04 -2,062.91 -2,865.31

NIO Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -827.53 -686.68 -843.00 -624.17 -719.15

Competitive Comparison of NIO's Pre-Tax Income

For the Auto Manufacturers subindustry, NIO's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


NIO's Pre-Tax Income Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, NIO's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where NIO's Pre-Tax Income falls into.



NIO Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

NIO's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=-3172.906+54.589+-56.515+309.518+0
=-2,865

NIO's Pretax Income for the quarter that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=-927.889+40.092+-22.952+191.6+0
=-719

Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2,873 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


NIO  (NYSE:NIO) Pre-Tax Income Explanation

NIO's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pretax Income/Revenue
=-719.149/2395.336
=-30.02%

During the past 8 years, NIO's highest Pretax Margin was -11.00%. The lowest was -194.24%. And the median was -34.69%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


NIO Pre-Tax Income Related Terms

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NIO (NIO) Business Description

Address
No. 56 AnTuo Road, Building 20, Anting Town, Jiading District, Shanghai, CHN, 201804
Nio is a leading electric vehicle maker, targeting the premium segment. Founded in November 2014, Nio designs, develops, jointly manufactures, and sells premium smart electric vehicles. The company differentiates itself through continuous technological breakthroughs and innovations such as battery swapping and autonomous driving technologies. Nio launched its first model, its ES8 seven-seater electric SUV, in December 2017, and began deliveries in June 2018. Its current model portfolio includes midsize to large sedans and SUVs. It sold over 122,000 EVs in 2022, accounting for about 2% of the China passenger new energy vehicle market.