$NIO Sept deliveries +44% YoY, -19.1% MoM

Brian Tycangco 鄭彥渊
2023-10-02

$NIO Inc.(NIO)$ Sept deliveries +44% YoY, -19.1% MoM. Impact of 30k yuan price cut in mid-June seen in sales but how it impacts overall profitability remains the big concern.

Some argue that Nio is treading a financial tightrope to chase its long-term vision. But the company’s CEO, William Li, remains resolute about its future prospects.

Chinese multinational automobile company Nio has invested over RMB 3 billion in R&D for consecutive quarters, accounting for over 20% of its revenue. The result? Substantial losses in excess of RMB 6 billion, setting a gloomy tone for Nio’s R&D efforts.

$NIO Inc.(NIO)$ ’s heavy outlay on R&D in recent quarters forms part of a broader move by the company to pursue longer term growth strategies, though it isn’t exactly well understood in the industry.

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Comments

  • 0billionaire
    2023-10-02
    0billionaire

    蔚来不再像以前那样免费交换电池,现在每笔汽车销售的利润率都从第二季度的6.2%上升到第三季度的10%...对于强手来说,一切都会好的,我拿着我的6166股票,双手坐着看着


  • JONESTea
    2023-10-02
    JONESTea

    Nio’s previous announcements on good catalysts have always been wrong timing. Somehow , some negative news or other factors gets into the front and affects the whole market and drowns Nio’s positive news and instead dip the stock price instead of a good pop . That I notice over the years..


  • SiongZ
    2023-10-02
    SiongZ

    I was very skeptical of the Nio phone and obviously its a huge success in China , i think we should trust Nio's management a little bit more .


  • ZOE011
    2023-10-02
    ZOE011

    蔚来目前在罗宾汉的股价上涨了2%以上,至9.24英镑。看来这周我们要有个好的开始了。

  • Hilliton324
    2023-10-02
    Hilliton324

    Omg, it’s happening, the numbers are amazing, congrats longs!!!


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