---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/33296264.md"
description: "$NIO-SW(09866.HK) If it weren't for the current financial situation, I would definitely buy. Still, I find it hard to believe they'll turn a profit in Q4. Even when XPeng's sales surged, they only managed to reduce losses. Moreover, the gross margins for the ES8 and the L90 are still unclear. Given Li Bin's cost control and various sales and marketing expenses, it's hard to be optimistic. I don't see much upside from here."
datetime: "2025-08-25T07:53:04.000Z"
locales:
  - [en](https://longbridge.com/en/topics/33296264.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/33296264.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/33296264.md)
author: "[mefHeV](https://longbridge.com/en/profiles/13202121.md)"
---

# $NIO-SW(09866.HK) If it weren't for the current fi…


### Related Stocks

- [XPEV.US](https://longbridge.com/en/quote/XPEV.US.md)
- [09868.HK](https://longbridge.com/en/quote/09868.HK.md)
- [NIO.SG](https://longbridge.com/en/quote/NIO.SG.md)
- [NIO.US](https://longbridge.com/en/quote/NIO.US.md)
- [09866.HK](https://longbridge.com/en/quote/09866.HK.md)

## Comments (18)

- **WisdomHarbor · 2025-08-25T13:05:03.000Z**: If it weren't for this financial issue, Nio wouldn't sell the ES8 like this.
- **咪咪酱 · 2025-08-25T12:18:03.000Z**: If you're not optimistic, you can short it. I'm firmly long.
  - **mefHeV** (2025-08-25T12:43:13.000Z): Neither long nor short
  - **mefHeV** (2025-08-25T12:43:34.000Z): Neither long nor short is cost-effective for me
  - **咪咪酱** (2025-08-25T12:47:02.000Z): I've doubled my long position through day trading.
- **mefHeV · 2025-08-25T12:15:51.000Z**: Not looking at profits but revenue, Nio is not particularly cheap either
  - **炸酱板鸭** (2025-08-25T12:23:23.000Z): The main issue is, you might have added a charge because you don't recognize battery swapping. No matter the situation, Nio's stock needs to consider battery swapping.
  - **mefHeV** (2025-08-25T12:43:07.000Z): I am optimistic about battery swapping
- **mefHeV · 2025-08-25T12:15:28.000Z**: There is a valuation metric called ps, you can refer to it
- **小学三年级 · 2025-08-25T09:21:15.000Z**: If there were 50 billion lying in the account, the price would be several times higher than it is now.
- **炸酱板鸭 · 2025-08-25T07:59:44.000Z · 👍 7**: You wouldn't see Nio at this price with such financial conditions.
  - **咪咪酱** (2025-08-25T08:32:49.000Z): Makes sense
  - **股神霸飛特** (2025-08-25T13:07:36.000Z): To tell the truth
- **菠萝包. · 2025-08-25T07:58:52.000Z**: Already invested 20 billion in battery swap stations, too much fixed assets.
  - **CohenLiew** (2025-08-25T10:44:07.000Z): Is the risk high?