Nio (NIO) Long-Term Deferred Tax (2019 - 2023)
Nio's (NIO) quarterly Long-Term Deferred Tax came in at $2.1 billion in Q4 2023, up 51.04% YoY from $1.4 billion in Q4 2022, and up 51.04% on a QoQ basis from $1.4 billion in Q4 2022.
Analysis
Nio (NIO) Long-Term Deferred Tax (2019 - 2023) Analysis & Trends
Nio (NIO) has 5 years of Long-Term Deferred Tax data on file, last reported at $2.1 billion in Q4 2023.
- Quarterly Long-Term Deferred Tax rose 51.04% year-over-year to $2.1 billion in Q4 2023, while the trailing twelve-month figure through Dec 2023 was $2.1 billion (up 51.04% YoY) and the FY2023 annual result came in at $2.1 billion, up 45.28% from the prior year.
- Long-Term Deferred Tax rose to $2.1 billion in Q4 2023, from $1.4 billion in the prior quarter.
- In the past five years, Long-Term Deferred Tax ranged from a high of $2.1 billion in Q4 2023 to a low of $852.1 million in Q4 2019.
- A 5-year average of $1.3 billion and a median of $1.1 billion in 2021 frame the typical range for Long-Term Deferred Tax.
- Annual changes were most pronounced in 2021 — Long-Term Deferred Tax increased 10.69% — and 2023, when it surged 51.04%.
- Tracing NIO's Long-Term Deferred Tax over 5 years: stood at $852.1 million in 2019, then advanced by 20.98% to $1.0 billion in 2020, then climbed by 10.69% to $1.1 billion in 2021, then rose by 19.68% to $1.4 billion in 2022, then soared by 51.04% to $2.1 billion in 2023.
- The last three Long-Term Deferred Tax figures came in at $2.1 billion (Q4 2023), $1.4 billion (Q4 2022), and $1.1 billion (Q4 2021), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Tesla | 1,151.92 Bn | 1,108.39 Bn | 4.75 Bn |
| 2 | Toyota Motor | 255.99 Bn | 127.54 Bn | 12.27 Bn |
| 3 | Honda Motor | 129.45 Bn | 89.32 Bn | 8.46 Bn |
| 4 | Ford Motor | 80.26 Bn | 48.92 Bn | 6.08 Bn |
| 5 | General Motors | 76.22 Bn | 51.50 Bn | 7.33 Bn |
| 6 | Ferrari | 73.68 Bn | 71.93 Bn | 1.18 Bn |
| 7 | Rivian Automotive | 20.68 Bn | 15.37 Bn | 179.00 Mn |
| 8 | Stellantis | 15.20 Bn | -26.25 Bn | 5.55 Bn |
| 9 | Li Auto | 12.07 Bn | -504.83 Mn | 417.98 Mn |
| 10 | Nio | 8.81 Bn | 2.48 Bn | 870.51 Mn |
Historic Data
Download Data
Historic 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 |