Latest news with #StanleyYuQu
Yahoo
15-07-2025
- Automotive
- Yahoo
Here's Why Nio Sank 21% in the First Half of 2025
Nio's loss widened during the first quarter. Nio recently launched two sub-brands, Onvo and Firefly. China's price war doesn't appear to be softening anytime soon. 10 stocks we like better than Nio › Shares of Nio (NYSE: NIO) had a fairly bumpy start to 2025, with shares trading 21% lower through the first six months of the year, according to data from S&P Global Market Intelligence. The Chinese electric vehicle (EV) maker is in a bit of a pickle currently. On one hand it's making cost improvements and launching two new sub-brands, but on the other hand China's EV market is embroiled in a brutal price war that's quickly becoming a race to the bottom. One of the larger developments during the first six months of the year was Nio's first-quarter earnings, which left many investors wanting more. Nio reported a net loss of about $930 million during the first quarter, which was a substantial 30% increase compared to the prior year. The increase was driven by higher research and development as well as marketing expenses. It's widening losses such as this that concern analysts about the company's ability to reach profitability. The first-quarter data wasn't all bad, however. Nio also reported vehicle margin increased to 10.2%, compared to the prior year's 9.2% -- impressive considering the crippling price war. Total revenue and gross profit also increased 22% and 89%, respectively, compared to the prior year. "Since the first quarter, we have implemented a range of cost control measures, including organizational restructuring, cross-brand integration, and efficiency improvements in R&D, supply chain, sales and services," added Stanley Yu Qu, Nio's chief financial officer, in a press release. "Starting from the second quarter, the Company aims to achieve structural improvements in overall cost efficiency, with continued progress in operational performance." In other news, Nio is beginning to fire on all cylinders when it comes to deliveries. While seasonality impacted recent results, you can see that the launch of two Nio sub-brands is already taking its deliveries to another level, and deliveries should only increase as production of the newer Firefly brand accelerates. Nio's stock has been on the decline during the first half of 2025, and that's understandable given the price war in China and the disruptions caused by tariffs altering export plans. The company has a big second half in store for investors, though. Not only will Nio be attempting to double its deliveries between 2024 and the end of 2025, but management's goal is to break even during the fourth quarter, which would require a substantial improvement on costs and flawless vehicle launches. For context, most analysts don't expect Nio to turn a profit until 2028, so breaking even in the fourth quarter would be a massive step toward convincing Wall Street it can scale its business. The first six months were a fairly wild ride for Nio investors, but buckle up, because the story is just getting started. Before you buy stock in Nio, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Nio wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation,you'd have $680,559!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,005,670!* Now, it's worth notingStock Advisor's total average return is1,053% — a market-crushing outperformance compared to180%for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 15, 2025 Daniel Miller has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Here's Why Nio Sank 21% in the First Half of 2025 was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Time of India
15-07-2025
- Automotive
- Time of India
Nio crashes 21% in 2025 — what's dragging down the EV darling? Here's what you need to know
Nio Inc stock has been struggling since the start of this year, and it has been a bumpy ride for shareholders, with Nio's problems piling up, as per a report. The stock of the Chinese electric vehicle maker is down 21% year to date, based on S&P Global Market Intelligence data, as reported by The Motley Fool. Why is Nio's stock tumbling in 2025? Nio is pinched between rapid expansion and increasing market stress. As it invests heavily in two new sub-brands and slashes expenses company-wide, it's caught in the middle of a fierce price war within China's EV market, a war that's quickly becoming a race to the bottom, as reported by The Motley Fool. How were Nio's recent financial results? The firm's first-quarter results didn't reassure investors, as Nio reported a net loss of about $930 million, which jumped 30% from the first quarter last year, according to the report. That sharp loss was primarily due to increased research and development expenses and more marketing spending, reported The Motley Fool. The increasing losses have analysts wondering whether Nio can turn a profit in the near term, as per the report. While the financial loss was substantial, there were some positives, according to the report. Nio's margin on vehicles increased to 10.2% this year from 9.2% in the previous year, even as the industry was cutting prices, according to The Motley Fool report. The revenue increased by 22%, and gross profit increased 89% year-over-year, as per the report. ALSO READ: Health data cover up? 100+ US government datasets quietly altered without warning Live Events What is Nio doing to control its losses? The EV maker's chief financial officer, Stanley Yu Qu, highlighted that the company has started to introduce cost-saving initiatives, such as restructuring teams, consolidating efforts among brands, and streamlining operations in R&D, sales, and services, according to The Motley Fool report. The target for the second half of the year is to enhance cost efficiency and enhance operating performance, as per the report. The CFO said, "Since the first quarter, we have implemented a range of cost control measures, including organizational restructuring, cross-brand integration, and efficiency improvements in R&D, supply chain, sales and services," and emphasised that, "Starting from the second quarter, the Company aims to achieve structural improvements in overall cost efficiency, with continued progress in operational performance," as quoted by The Motley Fool report. Nio has also been increasing vehicle deliveries, aided by the introduction of its two new sub-brands, one of them being the Firefly brand, as per the report. Although early 2025 did experience normal seasonal slowdowns, the overall trend is positive, a reassuring sign for investors awaiting tangible improvement, according to The Motley Fool. ALSO READ: Epstein files stay sealed — Republicans block move to force Trump admin to reveal details What are Nio's goals for the second half of 2025? Looking ahead, the second half of 2025 is crucial for Nio, as the company has set aggressive goals, including doubling its deliveries from 2024 levels and continuing this trend till the end of 2025, as reported by The Motley Fool. But the management's goal is to break even during the fourth quarter, which would require a substantial improvement in costs and flawless vehicle launches, reported The Motley Fool. Hitting those marks would be a major achievement, especially since most analysts don't expect Nio to turn a profit until at least 2028, as per the report. FAQs Why has Nio's stock dropped this year? Nio's stock is down 21% this year due to steep losses, increased competition, and the ongoing EV price war in China . What are analysts saying about Nio's future? Most analysts don't expect Nio to be profitable until at least 2028, but breaking even in 2025 would be a major surprise.
Yahoo
10-06-2025
- Automotive
- Yahoo
The Silver Lining in Nio's Disappointing Q1 Report
The Chinese EV maker's results fell short of analysts' consensus estimates. Amidst a price war in China, Nio still significantly grew its deliveries. Nio's cost-cutting efforts and operational improvements have bolstered margins. 10 stocks we like better than Nio › Investors came into Nio's (NYSE: NIO) first-quarter earnings report knowing full well it was likely to be a bumpy ride thanks to the brutal price war China's electric vehicle (EV) makers are engaging in. Things aren't likely to get any better soon. Rival BYD slashed prices on 22 vehicles by up to 34% last month, and a raft of other peers are competing for market share amid waning demand in the world's largest automotive market. While this challenging scenario negatively impacted Nio's earnings, there was definitely a silver lining in the Q1 report. Nio reported delivery and revenue growth, but a widening loss. More specifically, total revenue rose 21.5% year over year to $1.6 billion in the first quarter, but fell short of analysts' consensus estimates. Its net loss widened by a staggering 30.2% to $932 million, also worse than analysts had expected. "In the first quarter of 2025, the Company delivered 42,094 smart electric vehicles, marking a solid year-over-year increase of 40.1%," said William Bin Li, founder, chairman, and chief executive officer, in the press release. "Since the beginning of the second quarter, we have seen a steady increase in monthly delivery volume." With Chinese EV prices crashing, overall demand waning, and analysts worrying the market could implode before it rights itself, you'd think it would be challenging to find a silver lining in Nio's results. That would be incorrect, however. The company's efforts to reduce costs and bolster margins are producing meaningful results. Vehicle margin was 10.2% during the first quarter, up from the prior-year period's 9.2% result. Nio noted that the increase was primarily attributable to decreased material costs per unit as the company focused on cutting the fat from its operations. The story was similar for gross margin, which checked in at 7.6%, a sizable improvement over the prior-year period's 4.9%. "Since the first quarter, we have implemented a range of cost control measures, including organizational restructuring, cross-brand integration, and efficiency improvements in R&D, supply chain, sales and services," said Chief Financial Officer Stanley Yu Qu in the press release. "Starting from the second quarter, the Company aims to achieve structural improvements in overall cost efficiency, with continued progress in operational performance." The remainder of 2025 will be huge for Nio and its investors. The company is accelerating the production and deliveries of its two newer brands, Onvo and Firefly. Moreover, in late May, it started to deliver its new ES6, EC6, ET5, and ET5T models, which are expected to contribute to second-quarter deliveries rising by around 25% to 30% year over year. Not only are investors expecting to see top-line and vehicle sales growth, management again expressed confidence that the company could break even during the fourth quarter. Nio is aiming to achieve monthly sales of more than 50,000 units and a vehicle gross margin between 17% and 18%, and to keep cutting SG&A expenses sequentially to bring them within 10% of sales revenue by Q4. The first quarter might have been disappointing for Nio shareholders, but the automaker could kick it into gear for an epic second half if it can execute on its goals. Before you buy stock in Nio, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Nio wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $660,341!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $874,192!* Now, it's worth noting Stock Advisor's total average return is 999% — a market-crushing outperformance compared to 173% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 9, 2025 Daniel Miller has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. The Silver Lining in Nio's Disappointing Q1 Report was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
03-06-2025
- Business
- Yahoo
NIO Stock Slumps as Chinese EV Maker Posts Wider-Than-Expected Loss
U.S.-listed shares of NIO declined Tuesday as the Chinese EV maker posted a larger loss than Wall Street analysts expected. The company's revenue also fell short of estimates. NIO has implemented cost-cutting changes this year, including an organizational restructuring, its CFO said.U.S. shares of NIO (NIO) fell Tuesday morning after the Chinese electric car maker reported a wider-than-expected quarterly loss on underwhelming revenue. NIO posted an adjusted loss of 6.28 billion Chinese yuan ($873.6 million) in the first quarter, 28% wider than a year ago and larger than Wall Street expected. NIO has not posted a profitable quarter since it was founded in 2014. Its revenue of 12.03 billion yuan ($1.67 billion) rose 22% year-over-year but also fell short of estimates. The company delivered 42,094 vehicles in the quarter, 40% more than in the year-ago quarter. U.S.-listed shares of NIO slid nearly 4% at market open and are down 23% in 2025 so far. "Since the first quarter, we have implemented a range of cost control measures, including organizational restructuring, cross-brand integration, and efficiency improvements in R&D, supply chain, sales and services, CFO Stanley Yu Qu said. "Starting from the second quarter, the Company aims to achieve structural improvements in overall cost efficiency, with continued progress in operational performance." Read the original article on Investopedia
Associated Press
03-06-2025
- Automotive
- Associated Press
NIO Inc. Reports Unaudited First Quarter 2025 Financial Results
SHANGHAI, June 03, 2025 (GLOBE NEWSWIRE) -- NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) ('NIO' or the 'Company'), a pioneer and a leading company in the global smart electric vehicle market, today announced its unaudited financial results for the first quarter ended March 31, 2025. Operating Highlights for the First Quarter of 2025 Key Operating Results Financial Highlights for the First Quarter of 2025 Key Financial Results for the First Quarter of 2025 (in RMB million, except for percentage) Completion of Equity Placement ESG Report Firefly Started Deliveries Product Upgrades CEO and CFO Comments 'In the first quarter of 2025, the Company delivered 42,094 smart electric vehicles, marking a solid year-over-year increase of 40.1%,' said William Bin Li, founder, chairman and chief executive officer of NIO. 'Since the beginning of the second quarter, we have seen a steady increase in monthly delivery volume. In April, our new products, the ET9 and firefly, have secured notable market shares in the premium executive market and high-end small electric car market respectively. We have also witnessed the rising demand for ONVO L60. In late May, the New ES6, EC6, ET5 and ET5T started deliveries with all around upgrades. Based on this, we expect total deliveries for the second quarter to reach between 72,000 and 75,000, representing a year-on-year growth of 25.5% to 30.7%.' '2025 is a pivotal year for NIO's product launch and technological innovation. On the technology front, we are advancing the smart EV experience and safety standards with our proprietary smart driving chips, full-domain operating system and intelligent chassis. Since late May, the first version of NIO World Model has been gradually rolled out to vehicles based on Banyan platform, bringing significant upgrades in safety, and driving and parking assistance. NIO World Model will provide users with a safer and more effortless intelligent driving experience across various scenarios,' added William Bin Li. 'Since the first quarter, we have implemented a range of cost control measures, including organizational restructuring, cross-brand integration, and efficiency improvements in R&D, supply chain, sales and services,' added Stanley Yu Qu, NIO's chief financial officer. 'Starting from the second quarter, the Company aims to achieve structural improvements in overall cost efficiency, with continued progress in operational performance.' Financial Results for the First Quarter of 2025 Revenues Cost of Sales and Gross Margin Operating Expenses Loss from Operations Net Loss and Earnings Per Share/ADS Balance Sheet Business Outlook For the second quarter of 2025, the Company expects: This business outlook reflects the Company's current and preliminary view on the business situation and market condition, which is subject to change. Conference Call The Company's management will host an earnings conference call at 8:00 AM U.S. Eastern Time on June 3, 2025 (8:00 PM Beijing/Hong Kong/Singapore Time on June 3, 2025). A live and archived webcast of the conference call will be available on the Company's investor relations website at For participants who wish to join the conference using dial-in numbers, please register in advance using the link provided below and dial in 10 minutes prior to the call. Dial-in numbers, passcode and unique access PIN would be provided upon registering. A replay of the conference call will be accessible by phone at the following numbers, until June 10, 2025: About NIO Inc. NIO Inc. is a pioneer and a leading company in the global smart electric vehicle market. Founded in November 2014, NIO aspires to shape a sustainable and brighter future with the mission of 'Blue Sky Coming'. NIO envisions itself as a user enterprise where innovative technology meets experience excellence. NIO designs, develops, manufactures and sells smart electric vehicles, driving innovations in next-generation core technologies. NIO distinguishes itself through continuous technological breakthroughs and innovations, exceptional products and services, and a community for shared growth. NIO provides premium smart electric vehicles under the NIO brand, family-oriented smart electric vehicles through the ONVO brand, and small smart high-end electric cars with the FIREFLY brand. Safe Harbor Statement This press release contains statements that may constitute 'forward-looking' statements pursuant to the 'safe harbor' provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as 'will,' 'expects,' 'anticipates,' 'aims,' 'future,' 'intends,' 'plans,' 'believes,' 'estimates,' 'likely to' and similar statements. NIO may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the 'SEC'), in its annual report to shareholders, in announcements, circulars or other publications made on the websites of each of The Stock Exchange of Hong Kong Limited (the 'SEHK') and the Singapore Exchange Securities Trading Limited (the 'SGX-ST'), in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about NIO's beliefs, plans and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: NIO's strategies; NIO's future business development, financial condition and results of operations; NIO's ability to develop and manufacture vehicles of sufficient quality and appeal to customers on schedule and on a large scale; its ability to ensure and expand manufacturing capacities including establishing and maintaining partnerships with third parties; its ability to provide convenient and comprehensive power solutions to its customers; the viability, growth potential and prospects of the battery swapping, BaaS, and NIO Assisted and Intelligent Driving and its subscription services; its ability to improve the technologies or develop alternative technologies in meeting evolving market demand and industry development; NIO's ability to satisfy the mandated safety standards relating to motor vehicles; its ability to secure supply of raw materials or other components used in its vehicles; its ability to secure sufficient reservations and sales of its vehicles; its ability to control costs associated with its operations; its ability to build its current and future brands; general economic and business conditions globally and in China and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in NIO's filings with the SEC and the announcements and filings on the websites of each of the SEHK and SGX-ST. All information provided in this press release is as of the date of this press release, and NIO does not undertake any obligation to update any forward-looking statement, except as required under applicable law. Non-GAAP Disclosure The Company uses non-GAAP measures, such as adjusted cost of sales (non-GAAP), adjusted research and development expenses (non-GAAP), adjusted selling, general and administrative expenses (non-GAAP), adjusted loss from operations (non-GAAP), adjusted net loss (non-GAAP), adjusted net loss attributable to ordinary shareholders (non-GAAP) and adjusted basic and diluted net loss per share/ADS (non-GAAP), in evaluating its operating results and for financial and operational decision-making purposes. The Company defines adjusted cost of sales (non-GAAP), adjusted research and development expenses (non-GAAP), adjusted selling, general and administrative expenses (non-GAAP) and adjusted loss from operations (non-GAAP) and adjusted net loss (non-GAAP) as cost of sales, research and development expenses, selling, general and administrative expenses, loss from operations and net loss excluding share-based compensation expenses. The Company defines adjusted net loss attributable to ordinary shareholders (non-GAAP), adjusted basic and diluted net loss per share/ADS (non-GAAP) as net loss attributable to ordinary shareholders and basic and diluted net loss per share/ADS excluding share-based compensation expenses and accretion on redeemable non-controlling interests to redemption value. By excluding the impact of share-based compensation expenses and accretion on redeemable non-controlling interests to redemption value, the Company believes that the non-GAAP financial measures help identify underlying trends in its business and enhance the overall understanding of the Company's past performance and future prospects. The Company also believes that the non-GAAP financial measures allow for greater visibility with respect to key metrics used by the Company's management in its financial and operational decision-making. The non-GAAP financial measures are not presented in accordance with U.S. GAAP and may be different from non-GAAP methods of accounting and reporting used by other companies. The non-GAAP financial measures have limitations as analytical tools and when assessing the Company's operating performance, investors should not consider them in isolation, or as a substitute for net loss or other consolidated statements of comprehensive loss data prepared in accordance with U.S. GAAP. The Company encourages investors and others to review its financial information in its entirety and not rely on a single financial measure. The Company mitigates these limitations by reconciling the non-GAAP financial measures to the most comparable U.S. GAAP performance measures, all of which should be considered when evaluating the Company's performance. For more information on the non-GAAP financial measures, please see the table captioned 'Unaudited Reconciliation of GAAP and Non-GAAP Results' set forth at the end of this press release. Exchange Rate This announcement contains translations of certain Renminbi amounts into U.S. dollars at specified rates solely for the convenience of the reader. Unless otherwise stated, all translations from Renminbi to U.S. dollars were made at the rate of RMB7.2567 to US$1.00, the noon buying rate in effect on March 31, 2025 in the H.10 statistical release of the Federal Reserve Board. The Company makes no representation that the Renminbi or U.S. dollars amounts referred could be converted into U.S. dollars or Renminbi, as the case may be, at any particular rate or at all. For more information, please visit: Investor Relations [email protected] Media Relations [email protected] Source: NIO NIO INC. Unaudited Condensed Consolidated Balance Sheets (All amounts in thousands) NIO INC. Unaudited Condensed Consolidated Balance Sheets (All amounts in thousands) NIO INC. Unaudited Condensed Consolidated Statements of Comprehensive Loss (All amounts in thousands, except for share and per share/ADS data) NIO INC. Unaudited Reconciliation of GAAP and Non-GAAP Results (All amounts in thousands, except for share and per share/ADS data) ____________________________ i All translations from RMB to USD for the first quarter of 2025 were made at the rate of RMB7.2567 to US$1.00, the noon buying rate in effect on March 31, 2025 in the H.10 statistical release of the Federal Reserve Board. ii Vehicle margin is the margin of new vehicle sales, which is calculated based on revenues and cost of sales derived from new vehicle sales only. iii Except for gross margin and vehicle margin, where absolute changes instead of percentage changes are calculated.
