NIO Inc. Cost of Goods Sold (COGS)
| Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | |
|---|---|---|---|---|---|---|---|---|
| Cost of Goods Sold (COGS) | $0.0 | $0.0 | $788.1M | $1,306.4M | $2,085.6M | $4,543.5M | $6,568.6M | $7,427.0M |
NIO Inc. (NIO) Cost of Goods Sold (COGS) comparison analysis
General
LTM Cost of Goods Sold (COGS)
Growth
Company name
YoY growth
3Y CAGR
5Y CAGR
NIO key stats
| Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | |
|---|---|---|---|---|---|---|---|---|
% growth | 0.0 0.0% | 0.0 0.0% | 749.4 0.0% | 1,132.9 51.2% | 2,357.2 108.1% | 5,600.7 137.6% | 7,334.4 31.0% | 7,858.2 7.1% |
| Cost of Goods Sold (COGS) | 0.0 | 0.0 | 788.1 | 1,306.4 | 2,085.6 | 4,543.5 | 6,568.6 | 7,427.0 |
% margin | 0.0 0.0% | 0.0 0.0% | (38.7) (5.2%) | (173.6) (15.3%) | 271.6 11.5% | 1,057.2 18.9% | 765.8 10.4% | 431.2 5.5% |
| Operating Expenses | 392.0 | 733.0 | 1,413.6 | 1,430.5 | 939.7 | 1,754.1 | 3,094.1 | 3,632.1 |
| Research & Development Expenses (R&D) | 220.7 | 385.2 | 605.1 | 641.2 | 360.7 | 711.7 | 1,613.1 | 1,897.7 |
| Selling, General & Administrative Expenses (SG&A) | 165.5 | 328.8 | 808.5 | 789.3 | 570.1 | 1,066.0 | 1,568.6 | 1,688.1 |
% margin | (392.0) 0.0% | (733.0) 0.0% | (1,452.3) (193.8%) | (1,604.0) (141.6%) | (668.1) (28.3%) | (696.9) (12.4%) | (2,328.3) (31.7%) | (3,200.9) (40.7%) |
| Interest Income | 4.2 | 2.8 | 20.2 | 23.2 | 24.2 | 141.3 | 202.3 | 312.2 |
| Interest Expense | 0.0 | 2.7 | 18.7 | 53.6 | 61.8 | 98.8 | 49.6 | 57.0 |
| Pre-tax Income | (386.9) | (741.8) | (1,455.5) | (1,634.2) | (768.1) | (616.0) | (2,141.0) | (2,890.6) |
% effective tax rate | 0.6 (0.2%) | 1.2 (0.2%) | 3.3 (0.2%) | 1.1 (0.1%) | 0.9 (0.1%) | 6.6 (1.1%) | 8.2 (0.4%) | 36.9 (1.3%) |
% margin | (382.0) 0.0% | (737.6) 0.0% | (1,462.2) (195.1%) | (1,635.4) (144.4%) | (769.0) (32.6%) | (622.6) (11.1%) | (2,149.2) (29.3%) | (2,987.8) (38.0%) |
| EPS | (0.24) | (0.47) | (4.40) | (1.59) | (0.65) | (0.40) | (1.31) | (1.76) |
| Diluted EPS | (0.24) | (0.47) | (4.40) | (1.59) | (0.65) | (0.40) | (1.31) | (1.76) |
% margin | (385.1) 0.0% | (714.8) 0.0% | (1,380.5) (184.2%) | (1,360.4) (120.1%) | (482.2) (20.5%) | (152.7) (2.7%) | (1,903.7) (26.0%) | (2,140.2) (27.2%) |
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FAQ
1) What is NIO Inc.'s Cost of Goods Sold (COGS)?
As of today, NIO Inc.'s last 12-month Cost of Goods Sold (COGS) is $8,006.1M, based on the financial report for Sep 30, 2024 (Q3’2024).
2) What is NIO Inc.'s Cost of Goods Sold (COGS) growth rate?
Over the last year, NIO Inc.'s Cost of Goods Sold (COGS) growth was 8.2%. The average annual Cost of Goods Sold (COGS) growth rates for NIO Inc. have been 41.2% over the past three years, 42.6% over the past five years.
3) Is NIO Inc.'s Cost of Goods Sold (COGS) growth rate Good?
Over the last year, NIO Inc.'s Cost of Goods Sold (COGS) growth was 8.2%, which is lower than industry growth of 9.0%. It indicates that NIO Inc.'s Cost of Goods Sold (COGS) growth is Bad.