NIO (NIO) - Net Assets

Net assets on the balance sheet as of June 2024 : A$4.37 Billion

According to NIO's latest financial reports the company has A$4.37 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

NIO - Net assets on balance sheet (from 2017 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$5.13 B	-31.84%
2021-12-31	$A$7.52 B	18.52%
2020-12-31	$A$6.35 B	-594.99%
2019-12-31	$-A$1.29 Billion	-191.16%
2018-12-31	$A$1.40 B	-161.69%
2017-12-31	$-A$2.29 Billion	191.69%
2016-12-31	$-A$0.79 Billion

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Nikola NKLA	A$0.58 B	-86.70%	🇺🇸 USA
Tesla TSLA	A$108.55 B	2,379.98%	🇺🇸 USA
Lucid Motors LCID	A$4.12 B	-5.88%	🇺🇸 USA
Rivian RIVN	A$9.05 B	106.89%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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NIO (NIO) - Net assets

Net assets on the balance sheet as of June 2024 : A$4.37 Billion