NIO (NIO) - Net Assets

Net assets on the balance sheet as of September 2024 : S$3.09 Billion

According to NIO's latest financial reports the company has S$3.09 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	$S$4.68 B	-36.55%
2021-12-31	$S$7.38 B	14.19%
2020-12-31	$S$6.46 B	-633.45%
2019-12-31	$-S$1.22 Billion	-189.41%
2018-12-31	$S$1.35 B	-156.86%
2017-12-31	$-S$2.39 Billion	191.95%
2016-12-31	$-S$0.82 Billion

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Nikola NKLA	S$0.51 B	-83.46%	🇺🇸 USA
Tesla TSLA	S$95.51 B	2,984.50%	🇺🇸 USA
Lucid Motors LCID	S$3.62 B	17.07%	🇺🇸 USA
Rivian RIVN	S$7.96 B	157.33%	🇺🇸 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 : S$3.09 Billion