[Rewards] NIO Q2 2022 Earnings Highlights
NIO Inc. earnings miss, but revenue beats In Q2, a key recovery might be on the way
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![[Rewards] NIO Q2 2022 Earnings Highlights](https://ussnsimg.moomoo.com/77777008/editor_image/29cdfe752ffb33ee9db112bc24fecf06.png/bigmoo)
![[Rewards] NIO Q2 2022 Earnings Highlights](https://ussnsimg.moomoo.com/77777008/editor_image/d6bd5929027a326f9cb7aedb5a57cb83.jpg/bigmoo)
KEY Figures:
● Total Q2 2022 revenue of NIO was $1,536.6 million, representing an increase of 21.8% YoY and an increase of 3.9% QoQ.
● Adjusted net loss (non-GAAP) was $338.5 million, representing an increase of 575.1% YoY and an increase of 73.1% QoQ.
● NIO's Gross margin was contracted to 13.0% in the second quarter of 2022, compared with 14.6% in Q1 2022 and 18.6% in Q2 last year.
● The cash and cash equivalents of the company were $8.1 billion as of Q2 2022.
● NIO delivered 25,059 vehicles in Q2 2022, with a growth of 14.4% YoY, beating analyst consensus estimates. In contrast, NIO's loss per share was wider than anticipated.
● For Q3 2022, NIO expects total revenues to be approximately $1,918 million to $2,030 million, representing an increase of 31.0% to 38.7%
● NIO’s Q3 deliveries of vehicles are to be between 31,000 and 33,000 vehicles, representing an estimated increase of 26.8% to 35.0% from the same quarter of 2021.
More statistics:
![[Rewards] NIO Q2 2022 Earnings Highlights](https://ussnsimg.moomoo.com/77777008/editor_image/47ae408366d932858501db17e86eb4a5.png/bigmoo)
KEY Points:
● William Li, founder and CEO of NIO, pointed out that the H2 2022 is a critical period for NIO to scale up the production and delivery further. "With the compelling product portfolio and well-established brand awareness, NIO will attract a broader user base and embrace robust growth in the coming quarters," said by Mr. Li.
● NIO plans to start the mass production and delivery of the ET5 in late September.
● The ET7, a flagship premium electric sedan, is setting sail to Europe in August. Users in more countries can experience NIO's products and services in later 2022.
● The ES7, a five-seater premium electric SUV based on NIO Technology 2.0, started to ramp up steadily in August for production and delivery. A robust order inflow for the ES7 is witnessed.
● NIO has faced many tough challenges this year, including the global chips shortage, ongoing COVID-related lockdowns in China, as well as the materials cost per vehicle still maintaining at high levels.
● NIO set its full-year target of 150k units this year, which means the fulfillment pressure and uncertainty remains until Q4 2022.
The KEY in your hands:
By September 2022, NIO share has dropped approximately 40% since the start of 2022, underperforming the S&P 500, which is about 15% declined in the same period.
Therefore, how do you see the NIO currently? What is your opinion or analysis about it? Speak out with mooers and get inspired by sharing!
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Comments above are made available for informational purposes only. Before investing, please consult a licensed professional. *Source of data: sec.report/Document/0001104659-22-098025/ Moomoo is a financial information and trading app offered by Moomoo Technologies Inc. In the U.S., investment products and services available through the moomoo app are offered by Moomoo Financial Inc., a broker-dealer registered with the U.S. Securities and Exchange Commission (SEC) and a member of Financial Industry Regulatory Authority (FINRA)/Securities Investor Protection Corporation (SIPC). In Singapore, investment products and services available through the moomoo app are offered through Moomoo Financial Singapore Pte. Ltd. regulated by the Monetary Authority of Singapore (MAS).Moomoo Financial Singapore Pte. Ltd. is a Capital Markets Services License (License No. CMS101000) holder with the Exempt Financial Adviser Status. This advertisement has not been reviewed by the Monetary Authority of Singapore. In Australia, financial products and services available through the moomoo app are provided by Futu Securities (Australia) Ltd, an Australian Financial Services Licensee (AFSL No. 224663) regulated by the Australian Securities and Investment Commission (ASIC). Please read and understand our Financial Services Guide, Terms and Conditions, Privacy Policy and other disclosure documents which are available on our websites https://www.moomoo.com/au. Moomoo Technologies Inc., Moomoo Financial Inc., Moomoo Financial Singapore Pte. Ltd. and Futu Securities (Australia) Ltd are affiliated companies.
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Milk The Cow : I think $NIO Inc (NIO.US)$ has potential if not for the war that boost the inflation even more...
, but it "may" eventually tank until inflation is under control.
Inflation is high & the FED keeps increasing interest rate to control inflation, this may affect most industries greatly especially those manufacturing one...
Although revenue look OK
With a negative net income, it can be quite challenging in such economy situation...
Gary Gensler : Facebook.com
72815179 : I think it is still good to Nio. In long term it is going to double. DCAing is a good idea.
jkrash : Chinese stock are still a risky play, to much geo political BS in the world, I'll hold my $NIO shares for now and see what happens.
帅气逼人的范恩 : China's electric vehicle industry has a bright future and a tortuous road.
PSMoo : EV is the future...
Woodlands : $NIO Inc (NIO.US)$ has potential as offering one of the luxury models in China and is expanding over to Europe and US. But there has been many new EV startups that is giving it new competitions.
Topup with the covid Lockups in China and downturn in the economy, there may be a long way before it can return to its ath.
ZnWC : Founded in 2014, $NIO Inc (NIO.US)$ , sometimes called the Tesla (TSLA) of China, went on to deliver booming sales.
Like $Tesla (TSLA.US)$ , Nio makes luxury EVs. Unlike Tesla, Nio does not make its own electric cars, instead partnering with a state-owned auto manufacturer.
Nio has a mixed 2nd Q earnings report. I think the company will do well in 3rd Q as demand for EV cars is still high. But it's performance depends on how China's economy will recover, inflation and risk of global recession.
mivecs : Having analyst’s bullish call has never been so real.$NIO Inc (NIO.US)$. With China on full swing pushing hard for its on renewable energy growth. Investors shall see blue sky ahead and beyond. Just hold and add on for a longer time frame.
牛牛去月球 : Recently, there seems to be a reversal trend, if you can break through the previous high certainty trend, wait for the buy point to buy.
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