This time last year, Nio reported an adjusted loss from operations (non-GAAP) of RMB5.54 billion.
The expected adjusted quarterly profit was mainly due to Nio’s sales volume growth, the optimisation of vehicle margin thanks to a favourable product mix, as well as its ongoing cost reduction efforts and continued improvement in operational efficiency.
Under the GAAP measures, Nio says it expects to report a profit from operations of approximately RMB200 million to RMB700 million in the 4QFY2025.
Shares in Nio closed 8 US cents higher or 1.75% up at US$4.66 on Feb 5.
