NIO (NIO) - Net Assets

Net assets on the balance sheet as of June 2024 : ₹240.54 Billion

According to NIO's latest financial reports the company has ₹240.54 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	$₹289.02 B	-28.87%
2021-12-31	$₹406.32 B	13.73%
2020-12-31	$₹357.27 B	-657.52%
2019-12-31	$-₹64.09 Billion	-192.4%
2018-12-31	$₹69.35 B	-160.96%
2017-12-31	$-₹113.77 Billion	196.84%
2016-12-31	$-₹38.33 Billion

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Nikola NKLA	₹31.99 B	-86.70%	🇺🇸 USA
Tesla TSLA	₹5.965 T	2,379.98%	🇺🇸 USA
Lucid Motors LCID	₹226.41 B	-5.88%	🇺🇸 USA
Rivian RIVN	₹497.67 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 : ₹240.54 Billion