On March 11, NIO-SW (09866.HK) shares opened sharply higher, rising 15% to HK$43.86.
The surge follows the company's financial report for the fourth quarter and full year of 2025, released on the evening of March 10. NIO reported an operating profit of RMB 1.25 billion for the quarter, marking its first-ever quarterly profit. The company's cash reserves stood at RMB 45.9 billion at the end of the quarter, increasing by nearly RMB 10 billion compared to the previous quarter.
For the first quarter of 2026, NIO provided a delivery guidance of 80,000 to 83,000 vehicles, representing a year-on-year increase of 90.1% to 97.2%. The revenue guidance for the same period is between RMB 24.48 billion and RMB 25.18 billion, indicating a year-on-year growth of 103.4% to 109.2%.
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