NIO is set to release Q4 earnings on March 10 before the opening bell. Estimates are pegged at a loss of 5 cents per share on revenues of $4.61 billion. That revenue figure implies 71% year-over-year growth. They delivered a record 124,807 vehicles in the quarter, up 72% from a year ago. The new Onvo and Firefly brands are picking up steam, contrasting with Li Auto which saw deliveries drop and XPeng which missed guidance. Management is guiding for their first-ever quarterly adjusted operating profit. Margins are improving, sitting at 14.7% in Q3. The stock currently trades at 0.53 times forward sales, which is lower than both Li Auto and XPeng.