NIO (NIO) - Net Assets

Net assets on the balance sheet as of September 2024 : HK$17.78 Billion

According to NIO's latest financial reports the company has HK$17.78 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
2023-12-31	$HK$28.43 B	4.2%
2022-12-31	$HK$27.29 B	-35.89%
2021-12-31	$HK$42.56 B	12.4%
2020-12-31	$HK$37.87 B	-641.12%
2019-12-31	$-HK$7 Billion	-190.11%
2018-12-31	$HK$7.76 B	-155.79%
2017-12-31	$-HK$13.93 Billion	218.29%
2016-12-31	$-HK$4.38 Billion

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Nikola NKLA	HK$2.94 B	-83.46%	🇺🇸 USA
Tesla TSLA	HK$571.65 B	3,114.06%	🇺🇸 USA
Lucid Motors LCID	HK$30.04 B	68.94%	🇺🇸 USA
Rivian RIVN	HK$50.91 B	186.25%	🇺🇸 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 September 2024 : HK$17.78 Billion