NIO 38.

94 :NYSE ANALYSIS
JESSE LUDENYO ACIFA
0718187437;
KPI AREAS FOR FUNDAMENTAL ANALYSIS
CASHFLOW TRENDS 2021
In Q2'21, NIO delivered 21,896 vehicles comprising 9,935
ES6s, 7,528 EC6s and 4,433 ES8s. Total deliveries in Q2'21
surpassed Q2'20 deliveries by 111.9% as NIO was able to
grow production despite a semiconductor supply shortage
that limited factory output in the first six months of the year.
NIO executed its business plan very well over the last year
and the growth in revenues, deliveries, and gross profit is
impressive.
This cashflow trends indicate steady significant growth in cash
which has not been noticed by many analysts.
STATEMENTS DEBRIEF 2021
NIO's Q2'21 net loss was 587.2 million Chinese Yuan (US$90.9
million), but losses declined by 50% compared to last year's
second quarter. NIO also revealed that it had a gross profit of
1.57B Chinese Yuan ($243.8 million) in Q2'21, showing
402.7% growth Y/Y.
NIO's Q2'21 net loss was 587.2 million Chinese Yuan (US$90.9
million), but losses declined by 50% compared to last year's
second quarter. The Debt to Equity ratio still remains quite
high but a current ratio of 2.5 is encouraging. Total assets
increase commensurately with total liabilities but still remain
above liabilities whereas equity value is still untapped.

NIO's revenues keep increasing while losses keep narrowing...

REVENUE RATIOS 2021
NIO's Q2'21 net loss was 587.2 million Chinese Yuan (US$90.9
million), but losses declined by 50% compared to last year's
second quarter.
NIO expects continual strength in its business as demand for
electric SUVs remains high specifically deliveries between
23,000 and 25,000 vehicles in the next financial year as
factory output increases and semiconductors start to see a
better flow again. NIO could outperform its own delivery
guidance if the semiconductor supply shortage eases and
production chokepoints in Q3'21 are removed. Third quarter
revenues are expected to fall into a range of $1.38B and
$1.49B. NIO's guidance implies at least 96.9% Y/Y and 5.5%
Q/Q growth in its top line.
REVENUES, ASSET AND LIABILITY RATIOS 2021
NIO shows promising sales growth over capital spending over
the last 5 years which shows an aggressive conservation of
capital and profits. This, I anticipate will boost next years
financial statements.
Improvement of the quick and current rations by almost 0.5%
margin shows positive trend which is consequently matched
by reduction in Debt to equity ratios
An Increase in inventory turnover coincides with their
anticipation for increased sales moving to the next financial
years which means positive growth in sales
TECHNICAL ANALYSIS 2021
 INDUSTRY
NIO’s Q2’21 earnings card was impressive with revenues and deliveries growing
by more than 100% during the pandemic.

Beijing’s hardening crackdown on Chinese companies may affect the

market’s confidence in EV makers like NIO.

NIO raised its outlook, now expects to deliver up to 25,000

vehicles in Q3'21.

NIO’s losses are decreasing rapidly. The EV maker is expected to be

profitable in FY 2023.
THANK YOU
REUBENLUDENYO@GMAIL.COM
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0718187437