10.05.2024 Upcoming Corporate Actions

Аватар на автора


NIO Reports $700 Million Net Loss in Q1

Your capital is at risk if you invest. You could lose all your investment. Please see the full risk warning here.

Shares of Chinese electrical vehicle (EV) company NIO Limited have been punished over the past six months, falling 17% YTD. The company’s inability to grow its vehicle delivery rate has alienated investors, which are concerned that larger EV automakers such as Tesla have begun to squeeze NIO’s profit margins particularly in its own Chinese market.

The U.S.-listed shares of NIO Inc. dropped Friday, after the China-based electric vehicle maker reported first-quarter revenue that missed expectations, amid a decrease in average selling prices, and warned of a big miss in the current quarter.

NIO’s losses have widened, but beat expectations, while gross margin contracted. In its unaudited financial result on Friday NIO reported a net loss attributable to ordinary shareholders of US$699.5 million in Q1 2023, up from its net loss of $287.9 million in the prior year.

For the quarter vehicle sales were $1.34 billion falling 37.5% from Q4 2022. NIO said the sales took a dive along with a drop in delivery volume and average selling price of its EVs.

Total revenues in the first quarter of 2023 were US$1.55 billion (well below consensus), representing an increase of 7.7% from the first quarter of 2022 and a decrease of 33.5% from the fourth quarter of 2022. For the second quarter of 2023 total revenue is expected to come between $1.27-1.36 billion.

NIO delivered 31,041 vehicles in the first quarter of 2023. For the second quarter of 2023, the company expects deliveries to be between 23,000 and 25,000 vehicles, down from 25,768 a year earlier.

A picture containing text, plot, line, screenshot


Description automatically generated

Source: Tradingview

The share price rallied on Friday as results came better than feared. While the current rebound could extend a bit further, it is likely to turn out to be short-lived. The RSI indicator has been firmly in the bear market range since October 2021 and at this juncture in time there are no signs of picking up. Until the leading RSI indicator remains below the current 60%-70% range, the primary down trend is intact and it’s premature to speculate about a turnaround.

Active traders looking for magnified ways to short NIO may consider our -3x Short NIO ETP.

Leverage Shares offers -3x Short NIO – an Inverse Single Stock ETP, 100% physically backed by real NIO stocks.

You short, we pay! We provide a positive yield of 10.48% on an annualised basis to investors trading -3x Short NIO. Leverage Shares is the only financial issuer paying investors on short exposures.

Fee holiday! -3x Short NIO trades with a 0% management fee until 30th September 2023.

Websim is the retail division of Intermonte, the primary intermediary of the Italian stock exchange for institutional investors. Leverage Shares often features in its speculative analysis based on macros/fundamentals. However, the information is published in Italian. To provide better information for our non-Italian investors, we bring to you a quick translation of the analysis they present to Italian retail investors. To ensure rapid delivery, text in the charts will not be translated. The views expressed here are of Websim. Leverage Shares in no way endorses these views. If you are unsure about the suitability of an investment, please seek financial advice. View the original at

Your capital is at risk if you invest. You could lose all your investment. Please see the full risk warning here.

Share this:

Related Products:

Related Products:

Related Articles

Market conditions prime SVLT for outperformance against the Nasdaq-100
Market conditions prime SVLT for outperformance against the Nasdaq-100
Market conditions prime SVLT for outperformance against the Nasdaq-100

Required Information

Upcoming Webinar

Technical Analysis Strategies for Successful Trading

by Violeta Todorova

3.00 PM GTM+1

Welcome to Leverage Shares

Terms and Conditions


If you are not classified as an institutional investor, you will be categorised as a private/retail investor. At this time, we cannot send communications directly to private/retail investors. You are welcome to view the contents of this website.

If you are an ‘Institutional investor’, you affirm either that you are a Per Se Professional Client, or that you wish to be treated as an Eligible Counterparty Client, both as defined under the Markets in Financial Instruments Directive, or an equivalent in a jurisdiction outside the European Economic Area.

Risk Warnings

The value of an investment in ETPs may go down as well as up and past performance is not a reliable indicator of future performance. Trading in ETPs may not be suitable for all types of investor as they carry a high degree of risk. You may lose all of your initial investment. Only speculate with money you can afford to lose. Changes in exchange rates may also cause your investment to go up or down in value. Tax laws may be subject to change. Please ensure that you fully understand the risks involved. If in any doubt, please seek independent financial advice. Investors should refer to the section entitled “Risk Factors” in the relevant prospectus for further details of these and other risks associated with an investment in the securities offered by the Issuer.

This website is provided for your general information only and does not constitute investment advice or an offer to sell or the solicitation of an offer to buy any investment.

Nothing on this website is advice on the merits of any product or investment, nothing constitutes investment, legal, tax or any other advice nor is it to be relied on in making an investment decision. Prospective investors should obtain independent investment advice and inform themselves as to applicable legal requirements, exchange control regulations and taxes in their jurisdiction.

This website complies with the regulatory requirements of the United Kingdom. There may be laws in your country of nationality or residence or in the country from which you access this website which restrict the extent to which the website may be made available to you.

United States Visitors

The information provided on this site is not directed to any United States person or any person in the United States, any state thereof, or any of its territories or possessions.

Persons accessing this website in the European Economic Area

Access to this site is restricted to Non-U.S. Persons outside the United States within the meaning of Regulation S under the U.S. Securities Act of 1933, as amended (the “Securities Act”). Each person accessing this site, by so doing, acknowledges that: (1) it is not a U.S. person (within the meaning of Regulation S under the Securities Act) and is located outside the U.S. (within the meaning of Regulation S under the Securities Act); and (2) any securities described herein (A) have not been and will not be registered under the Securities Act or with any securities regulatory authority of any state or other jurisdiction and (B) may not be offered, sold, pledged or otherwise transferred except to persons outside the U.S. in accordance with Regulation S under the Securities Act pursuant to the terms of such securities. None of the funds on this website are registered under the United States Investment Advisers Act of 1940, as amended (the “Advisers Act”).

Exclusion of Liability

Certain documents made available on the website have been prepared and issued by persons other than Leverage Shares Management Company. This includes any Prospectus document. Leverage Shares Management Company is not responsible in any way for the content of any such document. Except in those cases, the information on the website has been given in good faith and every effort has been made to ensure its accuracy. Nevertheless, Leverage Shares Management Company shall not be responsible for loss occasioned as a result of reliance placed on any part of the website and it makes no guarantee as to the accuracy of any information or content on the website. The description of any ETP Security referred to in this website is a general one. The terms and conditions applicable to investors will be set out in the Prospectus, available on the website and should be read prior to making any investment.

Leverage Investment

Leverage Shares exchange-traded products (ETPs) provide leveraged exposure and are only suitable for experienced investors with knowledge of the risks and potential benefits of leveraged investment strategies.


Leverage Shares Management Company may collect data about your computer, including, where available, your IP address, operating system and browser type, for system administration and other similar purposes (click here for more information). These are statistical data about users’ browsing actions and patterns, and they do not identify any individual user of the website. This is achieved by the use of cookies. A cookie is a small file of letters and numbers that is put on your computer if you agree to accept it. By clicking ‘I agree’ below, you are consenting to the use of cookies as described here. These cookies allow you to be distinguished from other users of the website, which helps Leverage Shares Company provide you with a better experience when you browse the website and also allows the website to be improved from time to time. Please note that you can adjust your browser settings to delete or block cookies, but you may not be able to access parts of our website without them.

This website is maintained by Leverage Shares Management Company, which is a limited liability company and is incorporated in Ireland with registered offices at 2 Grand Canal Square, Grand Canal Harbour, Dublin 2. 

By clicking you agree to the Terms and Conditions displayed.