Nio’s second-quarter revenue jumped 69% from last year, but missed the low end of previous guidance. Ongoing product mix optimization led to a 21% recovery in vehicle pricing and an 8-percentage-point improvement in vehicle margin, despite competition in the domestic market.
Nio has successfully built its premium brand image, which will differentiate the company from its mass-market competitors and generate extra pricing power for the company’s electric cars.
Intense competition in China’s auto industry will place pricing pressure on automakers. The company will need to offer promotions and discounts to consumers, which will weigh on its vehicle margin outlook.
|
Metric
|
NIO
|
01211
|
LI
|
|---|---|---|---|
Price/Earnings (Normalized) | — | 20.74 | 39.56 |
Price/Book Value | 14.24 | 2.49 | 1.15 |
Price/Sales | 0.51 | 0.80 | 0.77 |
Price/Cash Flow | — | 5.31 | — |
|
Metric
|
NIO
|
01211
|
LI
|
|---|---|---|---|
Quick Ratio | 0.68 | 0.39 | 1.57 |
Current Ratio | 1.02 | 0.87 | 1.81 |
Interest Coverage | −4.11 | 10.27 | −30.15 |
|
Metric
|
NIO
|
01211
|
LI
|
|---|---|---|---|
Return on Assets (Normalized) | −3.39% | 3.80% | −2.46% |
Return on Equity (Normalized) | −135.01% | 14.99% | −5.24% |
Return on Invested Capital (Normalized) | −9.12% | 9.68% | −5.69% |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| Tesla Inc
TSLA
| LOCK|<pz$FJM | LOCK|BC&k | $1T | |||
| Toyota Motor Corp ADR
TM
| LOCK|BPf<lm | LOCK|?z | $220B | |||
| General Motors Co
GM
| LOCK|<?$RF@T | LOCK|?h | $70B | |||
| Ferrari NV
RACE
| LOCK|%^RpS$^ | LOCK|d?^ | $68B | |||
| Ford Motor Co
F
| LOCK|P^#vb&d | LOCK|mxX | $49B | |||
| Mercedes-Benz Group AG
MBGAF
| LOCK|K&L&H@Q | LOCK|!pY | $43B | |||
| Honda Motor Co Ltd ADR
HMC
| LOCK|#j&!hxf | LOCK|@k | $42B | |||
| Bayerische Motoren Werke AG ADR - Unsponsored
BMWKY
| LOCK|nCVX># | LOCK|!w$ | $37B | |||
| Rivian Automotive Inc Class A
RIVN
| LOCK|fK^v&# | LOCK|@XV | $21B | |||
| Stellantis NV
STLA
| LOCK|&Gt^r! | LOCK|z## | $16B |
United States