FMP
Jun 9, 2023 7:30 PM - Davit Kirakosyan
NIO Inc. (NYSE:NIO) reported its Q1 earnings today, with a loss of RMB2.51 ($0.36) per share, surpassing the Street estimate of an RMB2.63 loss per share. However, the revenue for the quarter amounted to RMB10.68 billion, which was lower than the Street estimate of RMB11.93 billion.
During the quarter, NIO delivered a total of 31,041 vehicles. Nonetheless, vehicle sales of RMB9,224.5 million showed a slight decrease of 0.2% compared to Q1/22 and a substantial decline of 37.5% from the fourth quarter of the same year.
Looking ahead, the company anticipates delivering between 23,000 and 25,000 vehicles in Q2. Revenues are seen in the range of RMB8,742 - RMB9,370 million.
Sep 11, 2023 1:38 PM - Rajnish Katharotiya
Price to Earnings is one of the key metrics use to value companies using multiples. The P/E ratio and other multiples are relative valuation metrics and they cannot be looked at in isolation. One of the problems with the P/E metric is the fact that if we are in the peak of a business cycle, earni...
Sep 11, 2023 1:49 PM - Rajnish Katharotiya
Price-to-Earnings ratio is a relative valuation tool. It is used by investors to find great companies at low prices. In this post, we will build a Python script to calculate Price Earnings Ratio for comparable companies. Photo by Skitterphoto on Pexels Price Earnings Ratio and Comparable Compa...
Oct 17, 2023 3:09 PM - Davit Kirakosyan
Shares of VMware (NYSE:VMW) witnessed a sharp drop of 12% intra-day today due to rising concerns about China's review of the company's significant sale deal to Broadcom. Consequently, Broadcom's shares also saw a dip of around 4%. Even though there aren’t any apparent problems with the proposed solu...