By Jiahui Huang
NIO is scheduled to report results for the fourth quarter on Friday. Here is what you need to know:
NET LOSS: The Chinese automaker is expected to post net loss of 4.63 billion yuan, equivalent to $638.8 million, according to a consensus estimate compiled by Visible Alpha, narrowing from 5.59 billion yuan a year earlier.
REVENUE: The company's quarterly revenue likely rose 30% to 22.22 billion yuan, according to Visible Alpha.
NIO's Hong Kong-listed shares fell 38% in the final quarter of 2024 as the carmaker faced intensifying competition with Chinese rivals such as BYD, Li Auto and XPeng. The stock has risen nearly 4% so far this year.
WHAT TO WATCH:
--OUTLOOK: Investors will watch out for NIO's first-quarter sales guidance since the company usually releases revenue and vehicle-delivery estimates in its quarterly report.
--MARGINS: NIO's vehicle margin was 13.1% in the third quarter and 11.9% in the fourth quarter of 2023. Investors will look at the company's margin trends to evaluate its profitability.
--CATL PARTNERSHIP: NIO recently partnered with electric-vehicle battery maker CATL to develop a battery-swapping network for cars. Investors will likely listen to the earnings call to find out more details about CATL's investment.
Write to Jiahui Huang at jiahui.huang@wsj.com
(END) Dow Jones Newswires
March 21, 2025 01:56 ET (05:56 GMT)
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