Nio (NIO) Long-Term Deferred Tax (2019 - 2023)

Nio (NIO) recorded quarterly Long-Term Deferred Tax of $2.1 billion in Q4 2023, up 51.04% on a QoQ basis from $1.4 billion in Q4 2022, and up 51.04% YoY from $1.4 billion in Q4 2022.

Analysis

Nio (NIO) Long-Term Deferred Tax (2019 - 2023) Analysis & Trends

Nio (NIO) has reported Long-Term Deferred Tax for 5 consecutive years, with $2.1 billion the latest figure, recorded in Q4 2023.

For the quarter ending Q4 2023, Long-Term Deferred Tax rose 51.04% year-over-year to $2.1 billion; the trailing twelve-month figure through Dec 2023 stood at $2.1 billion (up 51.04% YoY), and the FY2023 full-year result was $2.1 billion, up 45.28% from the prior year.
Long-Term Deferred Tax was $2.1 billion for Q4 2023 at Nio, up from $1.4 billion in the prior quarter.
The five-year high for Long-Term Deferred Tax was $2.1 billion in Q4 2023, with the low at $852.1 million in Q4 2019.
Historically, Long-Term Deferred Tax has averaged $1.3 billion across 5 years, with a median of $1.1 billion in 2021.
Annual changes were most pronounced in 2021 — Long-Term Deferred Tax grew 10.69% — and 2023, when it jumped 51.04%.
Tracing NIO's Long-Term Deferred Tax over 5 years: stood at $852.1 million in 2019, then grew by 20.98% to $1.0 billion in 2020, then increased by 10.69% to $1.1 billion in 2021, then advanced by 19.68% to $1.4 billion in 2022, then surged by 51.04% to $2.1 billion in 2023.
Per Business Quant data, the three most recent Long-Term Deferred Tax figures were $2.1 billion in Q4 2023, $1.4 billion in Q4 2022, and $1.1 billion in Q4 2021.

Peer Set

Peer Comparison

All peers

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)
1	Tesla	1,226.50 Bn	1,183.58 Bn	4.75 Bn
2	Toyota Motor	250.64 Bn	172.66 Bn	12.27 Bn
3	Ferrari	153.43 Bn	151.68 Bn	1.18 Bn
4	Honda Motor	147.05 Bn	108.59 Bn	8.46 Bn
5	General Motors	73.24 Bn	50.16 Bn	7.33 Bn
6	Ford Motor	51.31 Bn	20.01 Bn	6.08 Bn
7	Rivian Automotive	20.62 Bn	15.33 Bn	179.00 Mn
8	Magna International	17.88 Bn	16.79 Bn	1.61 Bn
9	Stellantis	14.02 Bn	-29.10 Bn	5.55 Bn
10	Nio	9.18 Bn	2.85 Bn	870.51 Mn

Historic Data

Download Data

Date	Value
Dec 31, 2023	2.06 Bn
Dec 31, 2022	1.37 Bn
Dec 31, 2021	1.14 Bn
Dec 31, 2020	1.03 Bn
Dec 31, 2019	852.06 Mn

API Access

Nio Long-Term Deferred Tax API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/historic?slug=long-term-deferred-tax&ticker=NIO&period=max&api_key=YOUR_API_KEY

import requests

url = "https://data.businessquant.com/historic"
params = {"slug": "long-term-deferred-tax", "ticker": "NIO", "period": "max", "api_key": "YOUR_API_KEY"}

data = requests.get(url, params=params).json()

const res = await fetch("https://data.businessquant.com/historic?slug=long-term-deferred-tax&ticker=NIO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();

API documentation

Nio (NIO) Long-Term Deferred Tax (2019 - 2023)