NIO Inc.

HK$25.28As of Sun 8 Nov 2026, 12:00 UTC

HKEX:9866Consumer Disc

Country Hong Kong

PE (Fwd) —

TSR 5Y CAGR (34.30%)

Div yield —

ROE —

Auto Manufacturers

Beta (5Y) 0.90

PE TTM —

TSR TTM (53.70%)

Mkt cap HK$66.52B

ROIC —

SE Grade™

—

Value

Quality

Moat

—

1Y Price

Reference

$27

6.42%

80.56%

Price below Reference Value

FY22

FY23

FY24

FY25

Earnings per share¥

(8.89)

(12.44)

(11.03)

(6.85)

(32.30%)

(39.85%)

11.34%

37.87%

Revenue¥B

49.27

55.62

65.73

87.49

36.34%

12.89%

18.18%

33.10%

TTM

FYE 31 Dec CNY

FY2016

FY2017

FY2018

FY2019

FY2020

FY2021

FY2022

FY2023

FY2024

FY2025

FY2026E

Trend

10Y

Peers

87.49

Revenue¥B

—

36.14

49.27

55.62

65.73

87.49

99.73

24.74%

33.10

Revenue growth%

—

36.34

12.89

18.18

33.10

13.99

25.64

—

13.62

Gross margin%

—

18.88

10.44

5.49

9.88

13.62

13.36

10.44

(16.05)

Operating margin%

—

(12.44)

(31.75)

(40.73)

(33.28)

(16.05)

(16.65)

(31.75)

(17.80)

Net margin%

—

(29.26)

(29.55)

(38.02)

(34.47)

(17.80)

(17.81)

(29.55)

—

P/E ratio (avg)x

—

EV/EBITx

—

FCF yield (avg)%

—

FCF margin%

—

FCF / Net incomex

—

ROIC%

—

Return on equity%

—

Return on assets%

—

(6.85)

EPS¥

—

(6.72)

(8.89)

(12.44)

(11.03)

(6.85)

(7.81)

—

37.87

EPS growth%

—

(32.30)

(39.85)

11.34

37.87

(14.05)

(10.48)

—

Bookvalue per sh¥

—

FCF per share¥

—

Dividend per sh¥

—

Div yield (avg)%

—

Payout ratio%

—

2.273

Shares (diluted)B

—

1.573

1.637

1.700

2.055

2.273

◌2.273

9.64%

(10.61)

Buyback yield%

—

(4.09)

(3.86)

(20.85)

(10.61)

◌—

(7.35)

—

D/E ratiox

—

48.89

Enterprise value¥B

—

181.7

120.2

76.67

81.02

48.89

(23.60%)

—

LT debt¥M

—

Peers (US$8.485B)

Cap (US$)

Geely Automobile…

20.03B

7.570x

Li Auto Inc.

12.29B

—

XPeng Inc.

9.800B

—

Renault SA

8.825B

8.669x

Capital

TTM

10Y

Leveragex

—

EBIT/Intx

(15.86)

(27.40)

Own earn%

—

Sh yield%

(10.61)

(7.35)

Owners

Insiders/Inst%

—

Short interest%

—

SBC / revenue%

—

Record

10Y

Profitable years

0/5

Revenue growth years

4/4

EPS growth years

2/4

Dividend streakyrs

Op margin range%

−41–−12

$1 testx

—

Incr. ROIC%

—

NIO Inc. designs, develops, manufactures, and sells smart electric vehicles in China, Europe, and internationally. It offers five and six-seater electric SUVs, as well as smart electric sedans.

Growth vs revenue

Latest

Trend

4Y CAGR

Rel growth

Revenue

¥87.49B

24.74%

1.00×

Cost of revenue

¥75.57B

26.71%

1.06×

Operating expenses

¥25.96B

23.06%

0.95×

Revenue by region

No breakdown available

Reinvestment returns

No breakdown available