- Total revenues were RMB 9,908.6 million (US$1,372.3 million) in the first quarter of 2024, representing a decrease of 7.2% from the first quarter of 2023 and a decrease of 42.1% from the fourth quarter of 2023.
- Vehicle margin was 9.2% in the first quarter of 2024, compared with 5.1% in the first quarter of 2023 and 11.9% in the fourth quarter of 2023.
- Cash and cash equivalents, restricted cash, short-term investment and long-term time deposits were RMB45.3 billion (US$6.3 billion) as of March 31, 2024.
For the second quarter of 2024, the Company expects:
- Deliveries of vehicles to be between 54,000 and 56,000 units, representing an increase of approximately 129.6% to 138.1% from the same quarter of 2023.
- Total revenues to be between RMB16,587 million (US$2,297 million) and RMB17,135 million (US$2,373 million), representing an increase of approximately 89.1% to 95.3% from the same quarter of 2023.
Transforming Independent Tourism
9 个月Huge potential in this company! The stock price is worrying and painful to watch , but lets see what happens over the next 3-5 years.
Technical Project Manager | Security Systems
9 个月I bought so many shares with them at around $20, I hope NIO is getting their act together and realizing that the US market needs to be avoided before loosing even more. I think the Asian and European market is a perfect fit for a EV market. I think the Battery swap is still the way to go, once they are having a strong hold on both markets and just then enter the US market
Regional Business Manager/ Marketing
9 个月I bought over a thousand shares at $6 and waiting for the spike on next the report ?? ??.
MANUFACTURING, BUSINESS DEVELOPMENT & SALES EXECUTIVE Process & Product Development ? Purchasing ? Supply & Demand Chain Management
9 个月????