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2021-03-02

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Nio's sales top $2 billion in 'transformational' year

Nio guides for first-quarter sales of up to 25,000 vehiclesNio Inc.'s American depositary receipts f

Nio's sales top $2 billion in 'transformational' year

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Excluding <a href=\"https://laohu8.com/S/AONE\">one</a>-time items, Nio lost $203.6 million, or 14 cents a share.</p><p>Fourth-quarter revenue jumped 133% to $1.02 billion, the company said. Revenue for the full-year 2020 rose 108% to $2.49 billion, Nio said.</p><p>Analysts polled by FactSet had expected a quarterly loss of 6 cents per ADR on sales of $1.025 billion.</p><p>Nio said it delivered 17,353 vehicles in the quarter, including 7,574 of its mid-size SUV, the ES6. That compares with 8,224 vehicles in the fourth quarter of 2019.</p><p>For the full-year 2020, it delivered 43,728 vehicles, from 20,565 vehicles in 2019.</p><p>Fourth-quarter deliveries were a record for the company and concluded \"a transformational 2020,\" founder and Chief Executive William Li said in a statement. That momentum has continued into 2021, he said.</p><p>The company guided for the delivery of about 20,000 to 20,500 vehicles in the first quarter, which would be an increase between 15% and 18% from the fourth quarter's deliveries. It guided for revenue between $1.13 billion and $1.16 billion for the quarter.</p><p>Shares of Nio ended the regular trading day up nearly 9%. For the past 12 months, the stock has gained 1,100%, compared with 32% for the S&amp;P 500 index .</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nio's sales top $2 billion in 'transformational' year</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNio's sales top $2 billion in 'transformational' year\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-03-02 07:02</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Nio guides for first-quarter sales of up to 25,000 vehicles</p><p>Nio Inc.'s American depositary receipts fell more than 3% in the extended session Monday after the China-based electric-car maker reported mixed fourth-quarter results and said revenue for a \"transformational\" 2020 topped $2 billion.</p><p>Nio <a href=\"https://laohu8.com/S/NIO\">$(NIO)$</a> said it lost RMB1.39 billion ($212.8 million) in the quarter, or 16 cents per ADR, compared with a loss of RMB2.8 billion in the year-ago period. Excluding <a href=\"https://laohu8.com/S/AONE\">one</a>-time items, Nio lost $203.6 million, or 14 cents a share.</p><p>Fourth-quarter revenue jumped 133% to $1.02 billion, the company said. Revenue for the full-year 2020 rose 108% to $2.49 billion, Nio said.</p><p>Analysts polled by FactSet had expected a quarterly loss of 6 cents per ADR on sales of $1.025 billion.</p><p>Nio said it delivered 17,353 vehicles in the quarter, including 7,574 of its mid-size SUV, the ES6. That compares with 8,224 vehicles in the fourth quarter of 2019.</p><p>For the full-year 2020, it delivered 43,728 vehicles, from 20,565 vehicles in 2019.</p><p>Fourth-quarter deliveries were a record for the company and concluded \"a transformational 2020,\" founder and Chief Executive William Li said in a statement. That momentum has continued into 2021, he said.</p><p>The company guided for the delivery of about 20,000 to 20,500 vehicles in the first quarter, which would be an increase between 15% and 18% from the fourth quarter's deliveries. It guided for revenue between $1.13 billion and $1.16 billion for the quarter.</p><p>Shares of Nio ended the regular trading day up nearly 9%. For the past 12 months, the stock has gained 1,100%, compared with 32% for the S&amp;P 500 index .</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2116550361","content_text":"Nio guides for first-quarter sales of up to 25,000 vehiclesNio Inc.'s American depositary receipts fell more than 3% in the extended session Monday after the China-based electric-car maker reported mixed fourth-quarter results and said revenue for a \"transformational\" 2020 topped $2 billion.Nio $(NIO)$ said it lost RMB1.39 billion ($212.8 million) in the quarter, or 16 cents per ADR, compared with a loss of RMB2.8 billion in the year-ago period. Excluding one-time items, Nio lost $203.6 million, or 14 cents a share.Fourth-quarter revenue jumped 133% to $1.02 billion, the company said. Revenue for the full-year 2020 rose 108% to $2.49 billion, Nio said.Analysts polled by FactSet had expected a quarterly loss of 6 cents per ADR on sales of $1.025 billion.Nio said it delivered 17,353 vehicles in the quarter, including 7,574 of its mid-size SUV, the ES6. That compares with 8,224 vehicles in the fourth quarter of 2019.For the full-year 2020, it delivered 43,728 vehicles, from 20,565 vehicles in 2019.Fourth-quarter deliveries were a record for the company and concluded \"a transformational 2020,\" founder and Chief Executive William Li said in a statement. That momentum has continued into 2021, he said.The company guided for the delivery of about 20,000 to 20,500 vehicles in the first quarter, which would be an increase between 15% and 18% from the fourth quarter's deliveries. It guided for revenue between $1.13 billion and $1.16 billion for the quarter.Shares of Nio ended the regular trading day up nearly 9%. 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