SharonWon
2022-09-04

$NIO Inc.(NIO)$According to the 27 industry analysts covering NIO, the consensus is that breakeven is near. They anticipate the company to incur a final loss in 2023, before generating positive profits of CN¥2.1b in 2024. Therefore, the company is expected to breakeven roughly 2 years from now. What rate will the company have to grow year-on-year in order to breakeven on this date? Using a line of best fit, we calculated an average annual growth rate of 97%, which is rather optimistic! Should the business grow at a slower rate, it will become profitable at a later date than expected.

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Comments

  • Feijoa8025
    2022-09-06
    Feijoa8025
    NIO has potential to grow!
  • HHM13
    2022-09-06
    HHM13
    Still have to wait 2 years for profit?!?
  • Elmin
    2022-09-05
    Elmin
    Thanks for the info given 😊
  • Singmeamelodyy
    2022-09-06
    Singmeamelodyy
    Great article! I would like to share it.
  • Niknaks
    2022-09-05
    Niknaks
    let's go tomorrow
  • hellodarz888
    2022-09-06
    hellodarz888
    they need lotsa cash
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