NIO Earnings Prediction
The chart below shows how NIO performed 10 days before and after its earnings report, based on data from the past quarters. Typically, NIO sees a +2.35% change in stock price 10 days leading up to the earnings, and a +1.86% change 10 days following the report. On the earnings day itself, the stock moves by +1.48%. This data can give you a slight idea of what to expect for the next quarter's release.
NIO Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
18.67B
-2.06%
7.04%
Gross Margin
10.75%
34.54%
11.05%
Operating Margin
-28.05%
10.39%
-6.06%
Net Margin
-27.10%
13.39%
-6.29%
EPS
-2.50
-6.37%
-0.00%
No Data Available
NIO Earnings Analysis
NIO Inc. American depositary shares, each representing one Class A ordinary share Corporation (NIO.N) Earnings Conference Call
Positive
Quarterly Delivery Record: The company achieved a new quarterly record with 61,855 deliveries in Q3 2024.
Top-Selling BEV Brand: The new brand maintained its position as the top-selling brand in China's BEV segment, priced above RMB 300,000 with a market share reaching 48%.
Vehicle Delivery Increase: The company delivered 20,976 vehicles in October 2024 while the ONVO brand continued to ramp up production capacity.
Vehicle Margin Improvement: The company's Q3 results reflected continued improvement in component cost leading to a vehicle margin of 13.1%.
Gross Margin Improvement: Overall gross margin was 10.7%, up from 8% in the same period of last year and 9.7% in the last quarter.
Negative
Revenue Performance Analysis: The company's total revenues were RMB 18.7 billion, decreased 2.1% year-over-year and up 7% quarter-over-quarter.
Vehicle Sales Decline: Vehicle sales were RMB 16.7 billion, down 4.1% year-over-year, primarily driven by a lower average selling price due to changes in product mix partially offset by higher deliveries.
Operational Loss Increase: Loss from operations was RMB 5.2 billion, up 8.1% year-over-year and relatively flat quarter-over-quarter.
Net Loss Increase: Net loss was RMB 5.1 billion, showing an increase of 11% year-over-year and remaining relatively stable quarter-over-quarter.
R&D Expense Increase: R&D expenses were RMB 3.3 billion, increased 9.2% year-over-year and 3.1% quarter-over-quarter.
NIO FAQs
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NIO Earning Call Sentiment
NIO Inc. (NIO) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
NIO.N
-0.47%Positive
The earnings call reveals several concerning factors: a net loss of RMB5.1 billion, decreased total revenues and vehicle sales, and reliance on external funding. While vehicle and overall gross margins improved, operational losses increased. The Q&A highlighted potential cannibalization between brands and a cautious production ramp-up for L60. Although the company has a strong balance sheet and plans for international expansion, the lack of a share repurchase program and the cautious outlook on profitability and breakeven contribute to a negative sentiment.