NIO Inc.（9866.HK）股价、财务与研究

盘中时间采用HKT。市场数据可能有所延迟。

公司概况

NIO Inc., based in Shanghai, China, is a prominent player in the smart electric vehicle market, managing the entire process from design and development to manufacturing and sales within China. Its product lineup features various electric SUVs, available in five, six, and seven-seater configurations, alongside sophisticated smart electric sedans. Beyond vehicle production, the company actively engages in crucial supporting activities, including research and development, manufacturing e-powertrains, battery packs, and other core components. It also oversees comprehensive sales and after-sales management and offers integrated energy and service packages to its clientele. A cornerstone of NIO's user experience is its extensive suite of power solutions. These include Power Home for convenient at-home charging, Power Swap for rapid battery exchanges, Power Charger for high-speed public charging, and Power Mobile, a flexible mobile charging service delivered via specialized vans. The Power Map application provides real-time information on public charging stations, complemented by the 'One Click for Power' valet service, which handles vehicle pickup, charging, and battery swapping for users. NIO further supports its customers with a broad spectrum of automotive services. These encompass repair, maintenance, and bodywork, facilitated through its dedicated service centers and approved third-party partners. The company also arranges various insurance products—including statutory, third-party liability, and vehicle damage coverage—through external insurers. Additional provisions include courtesy vehicles, roadside assistance, data packages, and convenient auto financing and leasing options. For the pre-owned vehicle market, NIO Certified offers a structured service for inspecting, evaluating, acquiring, and selling used vehicles. Established in 2014, the company was initially known as NextEV Inc. before officially rebranding to NIO Inc. in July 2017.

行业: Auto - Manufacturers
部门: Consumer Cyclical
总部: CN
首席执行官: Bin Li
上市以来: 2022年3月10日
雇员: 35,032

市场位置

日内区间

当前HK$35.36，

HK$35.14HK$36.86

52周区间

当前HK$35.36，

HK$34.54HK$61.75

开盘价: HK$36.60
前收盘价: HK$35.66
成交量: 269.05万; 0.48× 平均值
平均成交量: 559.69万; 日均成交量
市值: 822.39亿 HKD
贝塔: 0.9; 市场参考 1
50天平均值: HK$38.1448; 低于平均水平-7.30%
200天平均值: HK$41.9692; 低于平均水平-15.75%

财务数据

财务快照

估值与收益率

企业价值: 888.43亿 CNY
市盈率（TTM）: -7.84×
市净率（TTM）: 17.79×
市销率（TTM）: 0.77×
EV/EBITDA: -19.48×
盈利收益率: -17.43%
自由现金流收益率: -3.58%
股息率: 0.00%

盈利能力和效率

毛利率: 15.69%
营业利润率: -8.19%
净利润率: -8.97%
净资产收益率: -350.22%
资产收益率: -11.71%
投入资本回报率: -26.19%

财务健康

负债权益比: 6.12×
流动比率: 0.98×
奥特曼 Z 分数: 0.93
皮奥特罗斯基 F 分数: 5 共 9 个

财务报表

利润率趋势

盈利能力占已公布营收的百分比。

毛利率营业利润率净利润率

损益趋势

营收

874.88亿 CNY+33.10%

营业利润

−140.41亿 CNY+35.81%

净利润

−145.74亿 CNY+35.68%

项目（CNY）	2025财年	2024财年	2023财年	2022财年	2021财年
营收	874.88亿 CNY	657.32亿 CNY	556.18亿 CNY	492.69亿 CNY	361.36亿 CNY
销货成本	755.72亿 CNY	592.39亿 CNY	525.66亿 CNY	441.25亿 CNY	293.15亿 CNY
毛利	119.16亿 CNY	64.93亿 CNY	30.52亿 CNY	51.44亿 CNY	68.21亿 CNY
研究与开发	96.38亿 CNY	130.37亿 CNY	134.31亿 CNY	108.36亿 CNY	45.92亿 CNY
销售、一般及管理费用	147.59亿 CNY	144.52亿 CNY	119.48亿 CNY	97.19亿 CNY	62.88亿 CNY
营业费用	259.57亿 CNY	283.67亿 CNY	257.07亿 CNY	207.85亿 CNY	113.18亿 CNY
利息收入	7.42亿 CNY	8.54亿 CNY	22.1亿 CNY	13.59亿 CNY	9.12亿 CNY
利息支出	8.62亿 CNY	7.98亿 CNY	4.04亿 CNY	3.33亿 CNY	6.37亿 CNY
折旧和摊销	93.75亿 CNY	33.78亿 CNY	49.07亿 CNY	39.94亿 CNY	23.52亿 CNY
营业利润	−140.41亿 CNY	−218.74亿 CNY	−226.55亿 CNY	−156.41亿 CNY	−44.96亿 CNY
净利润	−145.74亿 CNY	−226.58亿 CNY	−211.47亿 CNY	−145.59亿 CNY	−105.72亿 CNY