Nio (NIOIF) Long-Term Deferred Tax (2019 - 2023)
Nio (NIOIF) 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 (NIOIF) Long-Term Deferred Tax (2019 - 2023) Analysis & Trends
Nio (NIOIF) 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 NIOIF'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
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Tesla | 1,197.48 Bn | 1,153.96 Bn | 4.75 Bn |
| 2 | Toyota Motor | 256.51 Bn | 178.52 Bn | 12.27 Bn |
| 3 | Honda Motor | 125.85 Bn | 85.72 Bn | 8.46 Bn |
| 4 | Ford Motor | 79.36 Bn | 48.03 Bn | 6.08 Bn |
| 5 | General Motors | 76.67 Bn | 51.95 Bn | 7.33 Bn |
| 6 | Rivian Automotive | 21.60 Bn | 16.29 Bn | 179.00 Mn |
| 7 | Nio | 8.66 Bn | 2.33 Bn | 870.51 Mn |
| 8 | VinFast Auto | 7.20 Bn | 7.20 Bn | -677,431.76 Bn |
| 9 | Li Auto | 5.98 Bn | -6.51 Bn | 417.98 Mn |
| 10 | Xpeng | 5.26 Bn | 2.95 Bn | 601.83 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 |