NIO Inc. Income Tax
| Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | |
|---|---|---|---|---|---|---|---|---|
| Income Tax | $649.8K | $1,169.9K | $3,336.4K | $1,142.0K | $923.3K | $6,550.6K | $8,202.9K | $36.9M |
NIO Inc. (NIO) Income Tax comparison analysis
General
LTM Income Tax
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%) |
Discover more Stock Ideas
Undervalued stocks right now
Discover the top 20 best undervalued stocks to buy for Mar 2025, listed on the Nasdaq or NYSE.
Undervalued growth stocks
Discover the top 20 best undervalued large-cap growth stocks to buy for Mar 2025, listed on the Nasdaq or NYSE.
Undervalued dividend stocks
Discover the top 20 best undervalued high-yield dividend stock that offers both growth potential and attractive dividend returns for Mar 2025.
FAQ
1) What is NIO Inc.'s Income Tax?
As of today, NIO Inc.'s last 12-month Income Tax is $38.9M, based on the financial report for Sep 30, 2024 (Q3’2024).
2) What is NIO Inc.'s Income Tax growth rate?
Over the last year, NIO Inc.'s Income Tax growth was 512.8%. The average annual Income Tax growth rates for NIO Inc. have been 209.9% over the past three years, 65.0% over the past five years.
3) Is NIO Inc.'s Income Tax growth rate Good?
Over the last year, NIO Inc.'s Income Tax growth was 512.8%, which is higher than industry growth of (1.0%). It indicates that NIO Inc.'s Income Tax growth is Bad.