NIO(US:NIO) Di Yi Cai Jing·2025-06-04 12:43Core Viewpoint - NIO has experienced a challenging period but aims for profitability in Q4 2025, despite significant losses in Q1 2025 [1][2] Financial Performance - In Q1 2025, NIO reported revenue of 12.035 billion yuan, a year-on-year increase of 21.46% [1] - The net loss attributable to shareholders was 6.891 billion yuan, which represents a year-on-year increase in losses of 31.06% [1] - The current ratio declined to 0.84, and the debt-to-asset ratio reached 92.55%, indicating worsening solvency [1] - Shareholder equity turned negative at -366 million yuan [1] - Cash and cash equivalents at the end of Q1 2025 were 26 billion yuan, down from 41.9 billion yuan at the end of the previous year [1] Future Outlook - NIO aims to achieve a total delivery volume of 72,000 to 75,000 vehicles in Q2 2025, representing a year-on-year growth of 25.5% to 30.7% [1] - The company believes it is entering an upward trajectory, with expectations for Q2 deliveries to exceed the traditional peak season in Q4 of the previous year [2] - NIO's stock showed a slight increase of 0.28% in the US market and 1.64% in the Hong Kong market following the earnings report [2]