Where NIO stands after its latest Filing
Revenue for the twelve months was $12.2bn, up 33.3% on a year earlier, faster than the 16.2% growth a quarter earlier. That growth ranks 4 of 23 among the automobile manufacturers companies we cover. Free-cash-flow margin rose to -3.5% from -5.8% a year earlier. Operating margin narrowed to -16.0% from -12.4%. The diluted share count is up 10.6% on a year earlier, which dilutes existing holders. Against its peers on growth, profitability, cash generation and balance sheet, it grades B. It passes 3 of our 7 financial-health checks. Our price-to-sales vs peers value is $1.13 a share, against a share price of $3.21.