Nio Inc Class A ADR (NIO) — Tangible Net Worth Ratio
Nio Inc Class A ADR (NIO) has a Tangible Net Worth Ratio of 98.1% as of September 2025. This metric is calculated by deducting intangible assets ($227.66 Million) from net assets ($12.09 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 how liquid is Nio Inc Class A ADR's working capital to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Nio Inc Class A ADR Tangible Net Worth Ratio (2018–2024)
This chart shows how Nio Inc Class A ADR's Tangible Net Worth Ratio has changed across 6 annual periods from 2018 to 2024. As of September 2025, the ratio stands at 98.1%, reflecting net assets of $12.09 Billion with intangible assets of $227.66 Million USD. See NIO cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Nio Inc Class A ADR (2018–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Nio Inc Class A ADR from 2018 to 2024, covering 6 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 market capitalisation.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 98.3% | $13.51 Billion | $231.64 Million | $107.60 Billion | ▼ -0.9 pp |
| 2023 | 99.2% | $29.60 Billion | $236.95 Million | $117.38 Billion | ▼ 0.0 pp |
| 2022 | 99.2% | $27.65 Billion | $212.60 Million | $96.26 Billion | ▼ -0.2 pp |
| 2021 | 99.4% | $34.79 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 | — |