Asset Turnover (Annual)

Asset Turnover: The amount of sales or revenues generated per dollar of assets. The Asset Turnover ratio is an indicator of the efficiency with which a company is deploying its assets. Calculated as: Total Revenues / Total Assets

NIO Inc. (NIO) had Asset Turnover of 0.47 for the most recently reported fiscal year, ending 2023-12-31.

Quarterly Annual

Figures for fiscal year ending 2023-12-31

Income Statement Financials
Revenue	$7.83B
Net Income	$-2.98B
Cost of Goods Sold	$7.40B
Gross Profit	$429.84M
Operating Expenses	$11.02B
Operating Income	$-3.19B
Non-Operating Income/Expense	$309.34M
Pre-Tax Income	$-2.88B
Normalized Pre-Tax Income	$-2.88B
Income after Taxes	$-2.92B
Income from Continuous Operations	$-2.92B
Consolidated Net Income/Loss	$-2.92B
Normalized Income after Taxes	$-2.92B
EBIT	$-3.19B
EBITDA	$-2.50B
Weighted-Average Shares Outstanding (Basic)	1.70B
Weighted-Average Shares Outstanding (Diluted)	1.70B
Earnings per Share (EPS) (Basic)	$-1.75
Earnings per Share (EPS) (Diluted)	$-1.75
Balance Sheet Financials
Current Assets	$9.91B
Property, Plant, and Equipment	$3.50B
Long-Term Assets	$6.62B
Total Assets	$16.53B
Current Liabilities	$8.14B
Long-Term Debt	$1.84B
Long-Term Liabilities	$4.77B
Total Liabilities	$12.91B
Common Equity	$3.62B
Tangible Shareholders Equity	$3.59B
Shareholders Equity	$3.62B
Common Shares Outstanding	2.06B
Cash Flow Statement Financials
Cash Flow from Operating Activities	$-194.59M
Cash Flow from Investing Activities	$-1.53B
Cash Flow from Financial Activities	$3.90B
Beginning Cash	$3.26B
End Cash	$5.44B
Increase/Decrease in Cash	$2.18B
Stock-Based Compensation	$333.67M
Common Stock Dividends Paid	--
Preferred Stock Dividends Paid	--
Fundamental Metrics & Ratios
Current Ratio	1.22
Non-Performing Assets / Total Loans	--
Loan Loss Reserves / Non-Performing Loans	--
Debt to Capital Ratio	0.34
Debt to Equity Ratio	0.89
Gross Margin	5.49%
Operating Margin	-40.73%
EBIT Margin	-40.73%
EBITDA Margin	-31.91%
Pre-Tax Profit Margin	-36.78%
Profit Margin	-38.02%
Free Cash Flow	$-2.20B
Loss Ratio	--
Expense Ratio	--
Combined Ratio	--
Asset Turnover	0.47
Inventory Turnover	9.96
Receiveable Turnover	8.72
Days Sales in Receivables	41.87
Return on Equity	-80.51%
Return on Tangible Equity	-81.26%
Return on Assets	-17.65%
Return on Investments	-53.43%
Book Value Per Share	$1.76
Free Cash Flow per Share	$-1.30
Operating Cash Flow per Share	$-0.11

Data from Zacks Investment Research, Inc.