NIO (NIO) - Net Assets

Net assets on the balance sheet as of June 2024 : C$3.98 Billion

According to NIO's latest financial reports the company has C$3.98 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	$C$4.73 B	-31.88%
2021-12-31	$C$6.95 B	11.69%
2020-12-31	$C$6.22 B	-630.72%
2019-12-31	$-C$1.18 Billion	-186.87%
2018-12-31	$C$1.35 B	-160.31%
2017-12-31	$-C$2.25 Billion	195.56%
2016-12-31	$-C$0.76 Billion

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Nikola NKLA	C$0.53 B	-86.70%	🇺🇸 USA
Tesla TSLA	C$98.85 B	2,379.98%	🇺🇸 USA
Lucid Motors LCID	C$3.75 B	-5.88%	🇺🇸 USA
Rivian RIVN	C$8.24 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 : C$3.98 Billion