Nio previously guided for fourth quarter revenue of RMB 9.38 billion to RMB 10.11 billion, representing growth of about 41.2 percent to 52.2 percent over the same period in 2020.
Nio announced today that it will report unaudited fourth quarter and full-year 2021 results on Thursday, March 24, after the US stock market closes (the morning of March 25, Beijing time).
This is about one month later than the company reported its 2020 fourth-quarter results last year, which it said yesterday was primarily due to having more than 100 subsidiaries located in multiple geographies, resulting in additional time needed to prepare for liquidity disclosures.
The company also noted that given the severity of the ongoing Covid-19 outbreak, some jurisdictions are still imposing varying degrees of restrictions to combat the outbreak, which has further delayed the proposed liquidity disclosures.
Previously released data showed that Nio delivered a record 25,034 units in the fourth quarter, which was near the upper end of its previous guidance range for fourth-quarter deliveries of 23,500 to 25,500 units.
Nio's previous guidance for fourth-quarter revenue was RMB 9.38 billion to RMB 10.11 billion, representing growth of about 41.2 percent to 52.2 percent over the same period in 2020.
The company delivered 91,429 vehicles for the full year 2021, up 109.1 percent from 43,728 vehicles in 2020.
Nio's management will host an earnings conference call at 9:00 pm US Eastern Time on March 24, 2022 (9:00 am Beijing/Hong Kong Time on March 25, 2022).
A live and archived webcast of the conference call will be available on the company's investor relations website at https://ir.nio.com/news-events/events.
For participants who wish to join the conference using dial-in numbers, they need to register in advance using the link provided below and dial in 10 minutes prior to the call. Direct Event passcode and unique registrant ID would be provided upon registering.
http://apac.directeventreg.com/registration/event/3078818
A replay of the conference call will be accessible by phone approximately two hours after the conclusion of the live call at the following numbers, until April 1, 2022 09:59 am ET:
United States: +1-646-254-3697
International: +61-2-8199-0299
Hong Kong, China: +852-3051-2780
Chinese mainland: +86-400-602-2065
Conference ID: 3078818
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