Nio Inc Class A ADR (N3IA) — Tangible Net Worth Ratio

Latest as of December 2025: 98.2%

Nio Inc Class A ADR (N3IA) has a Tangible Net Worth Ratio of 98.2% as of December 2025. This metric is calculated by deducting intangible assets (€226.34 Million) from net assets (€12.69 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See N3IA working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

98.2%
Tangible equity / total equity

Net Assets (Equity)

€12.69 Billion
EUR

Intangible Assets

€226.34 Million
Goodwill, patents, brand value

Total Assets

€124.40 Billion
EUR

Nio Inc Class A ADR Tangible Net Worth Ratio (2018–2025)

This chart shows how Nio Inc Class A ADR's Tangible Net Worth Ratio has changed across 7 annual periods from 2018 to 2025. As of December 2025, the ratio stands at 98.2%, reflecting net assets of €12.69 Billion with intangible assets of €226.34 Million EUR. See N3IA defensive asset coverage days to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Nio Inc Class A ADR (2018–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Nio Inc Class A ADR from 2018 to 2025, covering 7 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see Nio Inc Class A ADR stock valuation.

Year Tangible NW Ratio Net Assets (EUR) Intangible Assets Total Assets Change (pp)
2025 98.2% €12.69 Billion €226.34 Million €124.40 Billion ▼ -0.1 pp
2024 98.3% €13.51 Billion €231.64 Million €107.60 Billion ▼ -0.8 pp
2023 99.1% €25.74 Billion €236.95 Million €117.38 Billion ▼ -0.2 pp
2022 99.2% €27.65 Billion €212.60 Million €96.26 Billion ▼ -0.2 pp
2021 99.5% €38.06 Billion €199.12 Million €82.88 Billion ▲ +0.2 pp
2020 99.2% €27.17 Billion €204.58 Million €54.64 Billion ▲ +2.4 pp
2018 96.8% €6.82 Billion €217.13 Million €18.84 Billion
pp = percentage points