• NIO average return on equity for 2023 was -96.24, a 180.17% increase from 2022.
• NIO average return on equity for 2022 was -34.35, a 22.84% increase from 2021.
• NIO average return on equity for 2021 was -44.52, a 135.7% decline from 2020.

Roe - return on equity can be defined as the amount of net income returned as a percentage of shareholders equity. Return on equity measures a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested.