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On the evening of March 5th, NIO released a performance announcement for the fourth quarter and full year of 2023, with a revenue of approximately 55.618 billion yuan, a year-on-year increase of 12.9%; The net loss further expanded by 43.5% to approximately 20.72 billion yuan. As of December 31, 2023, the balance of NIO cash and cash equivalents, restricted cash, short-term investments, and long-term fixed deposits was 57.3 billion yuan; Current liabilities amounted to 57.798 billion yuan, an increase of 11.946 billion yuan compared to last year; The total liabilities were 88.787 billion yuan, an increase of 19.17 billion yuan from last year.
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