Ratings NIO Inc. Hong Kong S.E.

Equities

9866

KYG6525F1028

End-of-day quote Hong Kong S.E. Other stock markets 06:00:00 2024-04-25 pm EDT			5-day change	1st Jan Change
34.8 ^USD	+7.24%		+15.42%	-52.72%

Apr. 26	Asian Equities Traded in the US as American Depositary Receipts Trend Higher in Friday Trading, End Week Up 3.5%	MT
Apr. 24	Sitong Light Alloys Ties Up With NIO in Developing Recycling System for Vehicle Parts	MT

Summary

From a short-term investment perspective, the company presents a deteriorated fundamental situation

Strengths

The prospective high growth for the next fiscal years is among the main assets of the company
The company has attractive valuation levels with a low EV/sales ratio compared with its peers.
The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock.

Weaknesses

The company's profitability before interest, taxes, depreciation and amortization characterizes fragile margins.
Low profitability weakens the company.
The company appears highly valued given the size of its balance sheet.
For the last twelve months, sales expectations have been significantly downgraded, which means that less important sales volumes are expected for the current fiscal year over the previous period.
The sales outlook for the group was lowered in the last twelve months. This change in forecast points out a decline in activity as well as pessimistic analyses of the company.
For the past year, analysts have significantly revised downwards their profit estimates.
For the last four months, earnings estimated by analysts have been revised downwards with respect to the next two years.
The average price target of analysts who are interested in the stock has been significantly revised downwards over the last four months.
The average consensus view of analysts covering the stock has deteriorated over the past four months.
Prospects from analysts covering the stock are not consistent. Such dispersed sales estimates confirm the poor visibility into the group's activity.
The price targets of various analysts who make up the consensus differ significantly. This reflects different assessments and/or a difficulty in valuing the company.
Financial statements have repeatedly disappointed market stakeholders. Most often, they were below expectations.

Ratings chart - Surperformance

Sector: Auto & Truck Manufacturers

	1st Jan change	Capi.	Investor Rating	ESG Refinitiv
NIO INC.	-52.72%	9.29B		-
TESLA, INC.	-32.27%	537B		C
LI AUTO INC.	-33.10%	26.57B		C-
XPENG INC.	-46.26%	7.4B		B
VINFAST AUTO LTD.	-68.94%	6.08B	-	-
LUCID GROUP, INC.	-41.57%	5.68B		D+
LOTUS TECHNOLOGY INC.	0.00%	3.92B	-	-
ZHEJIANG LEAPMOTOR TECHNOLOGY CO., LTD.	-30.11%	4.26B		-
POLESTAR AUTOMOTIVE HOLDING UK PLC	-47.79%	2.49B		-
FOXTRON VEHICLE TECHNOLOGIES CO., LTD.	-4.82%	2.27B	-	-

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

Momentum

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Technical analysis

ST Timing

MT Timing

LT Timing

RSI

Bollinger Spread

Unusual volumes