NIO Inc. Income Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018 - 2016
Revenue	55,618	49,269	36,136	16,258	7,825	Upgrade
Revenue Growth (YoY)	12.89%	36.34%	122.27%	107.77%	58.04%	Upgrade
Cost of Revenue	52,566	44,125	29,315	14,385	9,024	Upgrade
Gross Profit	3,052	5,144	6,821	1,873	-1,198.82	Upgrade
Selling, General & Admin	12,885	10,537	6,878	3,932	5,452	Upgrade
Research & Development	13,431	10,836	4,592	2,488	4,429	Upgrade
Other Operating Expenses	-608.98	-588.73	-152.25	61.02	0	Upgrade
Operating Expenses	25,707	20,785	11,318	6,481	9,880	Upgrade
Operating Income	-22,655.18	-15,640.66	-4,496.3	-4,607.65	-11,079.19	Upgrade
Interest Expense / Income	403.53	333.22	637.41	426.02	370.54	Upgrade
Other Expense / Income	-2,475.75	-1,748.89	-1,190.25	259.09	-171.1	Upgrade
Pretax Income	-20,582.97	-14,224.99	-3,943.47	-5,292.75	-11,278.62	Upgrade
Income Tax	260.84	55.1	42.27	6.37	7.89	Upgrade
Net Income	-20,843.8	-14,280.09	-3,985.73	-5,299.12	-11,286.51	Upgrade
Preferred Dividends	606.33	558.71	13,173	623.34	253.18	Upgrade
Net Income Common	-21,146.97	-14,559.45	-10,572.31	-5,610.79	-11,413.1	Upgrade
Shares Outstanding (Basic)	1,700	1,637	1,573	1,183	1,030	Upgrade
Shares Outstanding (Diluted)	1,700	1,637	1,573	1,183	1,030	Upgrade
Shares Change	3.86%	4.09%	32.98%	14.83%	210.08%	Upgrade
EPS (Basic)	-12.44	-8.89	-6.72	-4.74	-11.08	Upgrade
EPS (Diluted)	-12.44	-8.89	-6.72	-4.74	-11.08	Upgrade
Free Cash Flow	-15,649.25	-10,835.24	-2,111.25	986.28	-10,428.49	Upgrade
Free Cash Flow Per Share	-9.20	-6.62	-1.34	0.83	-10.13	Upgrade
Gross Margin	5.49%	10.44%	18.88%	11.52%	-15.32%	Upgrade
Operating Margin	-40.73%	-31.75%	-12.44%	-28.34%	-141.59%	Upgrade
Profit Margin	-38.02%	-29.55%	-29.26%	-34.51%	-145.86%	Upgrade
Free Cash Flow Margin	-28.14%	-21.99%	-5.84%	6.07%	-133.27%	Upgrade
EBITDA	-15,272	-9,897.72	-954.14	-3,321.02	-9,387.11	Upgrade
EBITDA Margin	-27.46%	-20.09%	-2.64%	-20.43%	-119.96%	Upgrade
Depreciation & Amortization	4,907	3,994	2,352	1,546	1,521	Upgrade
EBIT	-20,179.44	-13,891.77	-3,306.06	-4,866.74	-10,908.09	Upgrade
EBIT Margin	-36.28%	-28.20%	-9.15%	-29.93%	-139.40%	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from audited reports submitted to the Securities and Exchange Commission (SEC).