NIO Inc(NYSE:NIO)
NIO Inc. designs, develops, manufactures, and sells smart electric vehicles in Mainland China, Hong Kong, the United States, the United Kingdom, and Germany. The company offers five, six, and seven-seater electric SUVs, as well as smart electric sedans. It is also involved in the provision of energy...
Website: https://www.nio.com/
Founded: 2014
IPO Price: $6.26 (Sep 12, 2018)
Full Time Employees: 7,442
CEO: William Li
Sector: Consumer Cyclical
Industry: Auto Manufacturers
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Quarterly
Annual
| Unit: USD | 2025-11-25 | 2025-09-02 | 2025-06-30 | 2025-06-03 | 2025-03-21 | 2024-12-31 | 2024-11-20 | 2024-09-05 | 2024-06-06 | 2024-03-05 | 2023-12-31 | 2023-12-05 | 2023-09-18 | 2023-08-29 | 2023-06-09 | 2023-03-01 | 2022-12-31 | 2022-11-10 | 2022-09-07 | 2022-06-09 | 2022-03-25 | 2022-02-28 | 2021-12-31 | 2021-11-10 | 2021-09-30 | 2021-08-12 | 2021-04-30 | 2021-03-02 | 2020-12-31 | 2020-11-18 | 2020-09-30 | 2020-08-13 | 2020-05-29 | 2020-03-19 | 2019-12-31 | 2019-09-24 | 2019-05-28 | 2019-03-06 | 2019-01-29 | 2018-12-31 | 2018-11-06 |
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revenues: | |||||||||||||||||||||||||||||||||||||||||
vehicle sales | 16,136,114,000 | 9,939,305,000 | 26,075,419,000 | 9,939,305,000 | 16,697,558,000 | 15,679,623,000 | 8,381,318,000 | 8,381,318,000 | 17,408,864,000 | 7,185,214,000 | 16,409,697,000 | 9,224,483,000 | 9,224,483,000 | 11,932,709,000 | 9,570,842,000 | 9,244,014,000 | 9,244,014,000 | 8,636,765,000 | 23,954,365,000 | 7,911,813,000 | 23,954,365,000 | 7,405,787,000 | 7,405,787,000 | 4,266,788,000 | 3,486,089,000 | 9,008,474,000 | 1,255,597,000 | 1,255,597,000 | 1,733,469,000 | 1,535,190,000 | 1,535,190,000 | 1,426,879,000 | 1,471,278,000 | ||||||||
other sales | 2,872,551,000 | 2,095,424,000 | 4,967,975,000 | 2,095,424,000 | 1,975,970,000 | 1,766,345,000 | 1,527,318,000 | 1,527,318,000 | 1,657,687,000 | 1,586,521,000 | 3,038,509,000 | 1,451,988,000 | 1,451,988,000 | 1,069,386,000 | 721,522,000 | 666,574,000 | 666,574,000 | 1,168,536,000 | 2,281,316,000 | 536,234,000 | 2,281,316,000 | 576,546,000 | 576,546,000 | 259,172,000 | 232,841,000 | 608,368,000 | 116,355,000 | 116,355,000 | 103,375,000 | 95,971,000 | 95,971,000 | 42,694,000 | 44,286,000 | ||||||||
total revenues | 19,008,665,000 | 12,034,729,000 | 31,043,394,000 | 12,034,729,000 | 18,673,528,000 | 17,445,968,000 | 9,908,636,000 | 9,908,636,000 | 19,066,551,000 | 8,771,735,000 | 19,448,206,000 | 10,676,471,000 | 10,676,471,000 | 13,002,095,000 | 10,292,364,000 | 9,910,588,000 | 9,910,588,000 | 9,805,301,000 | 26,235,681,000 | 8,448,047,000 | 26,235,681,000 | 7,982,333,000 | 7,982,333,000 | 4,525,960,000 | 3,718,930,000 | 9,616,842,000 | 1,371,952,000 | 1,371,952,000 | 1,836,844,000 | 1,631,161,000 | 1,631,161,000 | 1,469,573,000 | 1,515,564,000 | 45,991,000 | |||||||
yoy | 1.79% | 77.94% | 21.46% | 88.46% | 12.96% | -49.05% | 78.58% | -32.54% | 3.73% | 7.73% | 31.19% | -60.77% | 17.31% | -62.63% | 228.67% | 86.66% | 114.64% | -17.00% | 229.89% | 102.46% | -15.89% | -15.89% | 24.99% | 3446.70% | |||||||||||||||||
qoq | 57.95% | -61.23% | 157.95% | -35.55% | 76.07% | 0.00% | -48.03% | -54.90% | 82.16% | 0.00% | -17.89% | 3.85% | 0.00% | 1.07% | -62.63% | -67.80% | 228.67% | 0.00% | 76.37% | -61.33% | 600.96% | 0.00% | -25.31% | 0.00% | 11.00% | -3.03% | |||||||||||||||
cost of sales: | |||||||||||||||||||||||||||||||||||||||||
total cost of sales | -17,111,142,000 | -11,115,175,000 | -28,226,317,000 | -11,115,175,000 | -16,666,155,000 | -15,757,253,000 | -9,420,905,000 | -9,420,905,000 | -17,543,228,000 | -8,684,779,000 | -19,198,961,000 | -10,514,182,000 | -10,514,182,000 | -11,267,002,000 | -8,952,061,000 | -8,463,749,000 | -8,463,749,000 | -7,812,139,000 | -21,113,792,000 | -6,874,126,000 | -21,113,792,000 | -6,427,527,000 | -6,427,527,000 | -3,940,148,000 | -3,405,789,000 | -8,885,368,000 | -1,539,431,000 | -1,539,431,000 | -2,058,428,000 | -1,850,462,000 | -1,850,462,000 | -1,585,891,000 | -1,785,070,000 | -199,179,000 | |||||||
gross profit | 1,897,523,000 | 919,554,000 | 2,817,077,000 | 919,554,000 | 2,007,373,000 | 1,688,715,000 | 487,731,000 | 487,731,000 | 1,523,323,000 | 86,956,000 | 249,245,000 | 162,289,000 | 162,289,000 | 1,735,093,000 | 1,340,303,000 | 1,446,839,000 | 1,446,839,000 | 1,993,162,000 | 1,573,921,000 | 5,121,889,000 | 1,554,806,000 | 585,812,000 | 313,141,000 | 731,474,000 | -167,479,000 | -221,584,000 | -219,301,000 | -116,318,000 | |||||||||||||
yoy | -5.47% | 66.82% | 88.54% | 311.57% | 460.89% | 95.68% | 838.65% | -94.99% | -87.89% | -88.78% | 19.92% | -8.07% | -61.09% | 168.67% | 112.56% | -449.78% | -241.32% | 90.50% | |||||||||||||||||||||||
qoq | 106.35% | -67.36% | 206.35% | -54.19% | 246.24% | 0.00% | -67.98% | -65.11% | 53.58% | 0.00% | -90.65% | -7.36% | 0.00% | -27.41% | -69.27% | 165.41% | -57.19% | -536.76% | 88.54% | ||||||||||||||||||||||
gross margin % | 9.98% | 7.64% | 9.07% | 7.64% | 10.75% | NaN% | 9.68% | 4.92% | 4.92% | 7.99% | NaN% | 0.99% | 1.28% | 1.52% | 1.52% | 13.34% | NaN% | 13.02% | 14.60% | 14.60% | 20.33% | 0% | NaN% | 18.63% | 19.52% | 0% | 19.48% | 12.94% | NaN% | 8.42% | 7.61% | -12.21% | 0% | -12.06% | NaN% | 0% | -13.44% | -7.92% | 0% | NaN% | 0% |
operating expenses: | |||||||||||||||||||||||||||||||||||||||||
research and development | -3,007,032,000 | -3,181,403,000 | -6,188,435,000 | -3,181,403,000 | -3,318,740,000 | -3,218,522,000 | -2,864,216,000 | -2,864,216,000 | -3,039,089,000 | -3,344,572,000 | -6,420,183,000 | -3,075,611,000 | -3,075,611,000 | -2,944,517,000 | -2,149,479,000 | -1,761,687,000 | -1,761,687,000 | -1,193,122,000 | -2,763,336,000 | -883,666,000 | -2,763,336,000 | -686,548,000 | -686,548,000 | -590,783,000 | -545,185,000 | -1,658,327,000 | -522,359,000 | -522,359,000 | -1,023,193,000 | -1,078,448,000 | -1,078,448,000 | -1,023,435,000 | -2,482,779,000 | ||||||||
selling, general and administrative | -3,964,921,000 | -4,400,763,000 | -8,365,684,000 | -4,400,763,000 | -4,108,806,000 | -3,757,458,000 | -2,996,798,000 | -2,996,798,000 | -3,609,319,000 | -2,856,603,000 | -5,302,531,000 | -2,445,928,000 | -2,445,928,000 | -2,712,483,000 | -2,282,461,000 | -2,014,804,000 | -2,014,804,000 | -1,824,875,000 | -4,519,883,000 | -1,497,760,000 | -4,519,883,000 | -1,197,248,000 | -1,197,248,000 | -940,331,000 | -936,788,000 | -2,725,465,000 | -848,346,000 | -848,346,000 | -1,164,443,000 | -1,319,937,000 | -1,319,937,000 | -1,670,100,000 | -3,396,397,000 | ||||||||
other operating income | 165,572,000 | 244,484,000 | 410,056,000 | 244,484,000 | 182,406,000 | 77,967,000 | 281,174,000 | 40,104,000 | 287,506,000 | 247,402,000 | 247,402,000 | 51,607,000 | 246,077,000 | 140,987,000 | 140,987,000 | 44,182,000 | 110,158,000 | 33,066,000 | 33,066,000 | 8,829,000 | -32,084,000 | ||||||||||||||||||||
total operating expenses | -6,806,381,000 | -7,337,682,000 | -14,144,063,000 | -7,337,682,000 | -7,245,140,000 | -6,898,013,000 | -5,881,804,000 | -5,881,804,000 | -6,367,234,000 | -6,161,071,000 | -11,435,208,000 | -5,274,137,000 | -5,274,137,000 | -5,605,393,000 | -4,185,863,000 | -3,635,504,000 | -3,635,504,000 | -2,985,087,000 | -7,173,061,000 | -2,337,244,000 | -7,173,061,000 | -1,850,730,000 | -1,850,730,000 | -1,531,800,000 | -1,473,144,000 | -4,407,733,000 | -1,402,789,000 | -1,402,789,000 | -2,187,636,000 | -2,398,385,000 | -2,398,385,000 | -2,693,535,000 | -5,879,176,000 | -1,721,773,000 | |||||||
income from operations | -4,908,858,000 | -6,418,128,000 | -11,326,986,000 | -6,418,128,000 | -5,237,767,000 | -5,209,298,000 | -5,394,073,000 | -5,394,073,000 | -4,843,911,000 | -6,074,115,000 | -11,185,963,000 | -5,111,848,000 | -5,111,848,000 | -3,870,300,000 | -2,845,560,000 | -2,188,665,000 | -2,188,665,000 | -991,925,000 | -2,051,172,000 | -763,323,000 | -2,051,172,000 | -295,924,000 | -295,924,000 | -945,988,000 | -1,160,003,000 | -3,676,259,000 | -1,570,268,000 | -1,570,268,000 | -2,409,220,000 | -2,617,686,000 | -2,617,686,000 | -2,809,853,000 | -6,148,682,000 | -1,874,961,000 | |||||||
yoy | -6.28% | 117.44% | 18.98% | -2.90% | -11.20% | -51.78% | -5.24% | 56.94% | 79.64% | 133.56% | 76.83% | 38.73% | 186.73% | -51.64% | 593.14% | -19.31% | -74.49% | -91.95% | -39.76% | -51.85% | -40.01% | -40.01% | -14.26% | 39.61% | |||||||||||||||||
qoq | -23.52% | -43.34% | 76.48% | 22.54% | -3.43% | 0.00% | 11.36% | -45.70% | 118.82% | 0.00% | 32.08% | 30.01% | 0.00% | 120.65% | -51.64% | -62.79% | 593.14% | 0.00% | -68.72% | -68.45% | 134.12% | 0.00% | -34.82% | 0.00% | -6.84% | -54.30% | |||||||||||||||
operating margin % | -25.82% | -53.33% | -36.49% | -53.33% | -28.05% | NaN% | -29.86% | -54.44% | -54.44% | -25.41% | NaN% | -69.25% | -57.52% | -47.88% | -47.88% | -29.77% | NaN% | -27.65% | -22.08% | -22.08% | -10.12% | -7.82% | NaN% | -9.04% | -7.82% | -3.71% | -3.71% | -20.90% | NaN% | -31.19% | -38.23% | -114.46% | -114.46% | -131.16% | NaN% | -160.48% | -160.48% | -191.20% | -405.70% | NaN% | -4076.80% |
interest and investment income | 107,529,000 | 173,216,000 | 280,745,000 | 173,216,000 | 310,123,000 | 362,731,000 | 350,793,000 | 350,793,000 | 288,014,000 | 247,180,000 | 553,942,000 | 306,762,000 | 306,762,000 | 313,208,000 | 292,863,000 | 400,688,000 | 400,688,000 | 240,120,000 | |||||||||||||||||||||||
interest expenses | -212,748,000 | -244,862,000 | -457,610,000 | -244,862,000 | -203,761,000 | -176,141,000 | -170,875,000 | -170,875,000 | -88,546,000 | -82,440,000 | -151,103,000 | -68,663,000 | -68,663,000 | -100,564,000 | -64,712,000 | -77,339,000 | -77,339,000 | -77,190,000 | -561,473,000 | -60,527,000 | -561,473,000 | -423,756,000 | -423,756,000 | -108,761,000 | -112,917,000 | -332,174,000 | -110,496,000 | -110,496,000 | -103,211,000 | -68,118,000 | -68,118,000 | -27,582,000 | -47,224,000 | -14,442,000 | |||||||
share of losses of equity investees | -124,664,000 | -256,195,000 | -256,195,000 | -3,450,000 | |||||||||||||||||||||||||||||||||||||
other income | 186,879,000 | 15,227,000 | 202,106,000 | 15,227,000 | 309,654,000 | 67,376,000 | 128,290,000 | 86,886,000 | 32,574,000 | 48,907,000 | 131,164,000 | 49,683,000 | 49,683,000 | -29,049,000 | 82,107,000 | 39,854,000 | -13,204,000 | -13,204,000 | 1,067,000 | -1,324,000 | 10,588,000 | 5,691,000 | 82,778,000 | ||||||||||||||||||
loss before income tax expense | -4,951,862,000 | -6,745,402,000 | -11,697,264,000 | -6,745,402,000 | -5,021,413,000 | -5,043,964,000 | -5,177,587,000 | -5,177,587,000 | -4,555,114,000 | -6,037,079,000 | -10,768,939,000 | -4,731,860,000 | -4,731,860,000 | -4,101,184,000 | -2,759,311,000 | -1,752,201,000 | -1,752,201,000 | -832,052,000 | -585,359,000 | -1,864,502,000 | -447,091,000 | -447,091,000 | -1,045,784,000 | -1,174,637,000 | -3,910,755,000 | -1,690,334,000 | -1,690,334,000 | -2,521,114,000 | -2,622,278,000 | -2,622,278,000 | -2,809,062,000 | -6,130,223,000 | -1,792,022,000 | ||||||||
income tax expense | -42,939,000 | -4,631,000 | -47,570,000 | -2,019,000 | -6,990,000 | -6,990,000 | -1,610,000 | -18,671,000 | -26,345,000 | -7,674,000 | -9,639,000 | -30,459,000 | -3,250,000 | -9,018,000 | -1,811,000 | -9,018,000 | -3,957,000 | -3,957,000 | -1,213,000 | -2,017,000 | -4,704,000 | -1,474,000 | -1,474,000 | -536,000 | -1,341,000 | -1,341,000 | -1,374,000 | -5,742,000 | -2,485,000 | ||||||||||||
net income | -4,994,801,000 | -6,750,033,000 | -11,744,834,000 | -6,750,033,000 | -5,059,678,000 | -5,045,983,000 | -5,184,577,000 | -5,184,577,000 | -4,556,724,000 | -6,055,750,000 | -10,795,284,000 | -4,739,534,000 | -4,739,534,000 | -4,110,823,000 | -2,757,520,000 | -1,782,660,000 | -1,782,660,000 | -835,302,000 | -1,873,520,000 | -587,170,000 | -1,873,520,000 | -451,048,000 | -451,048,000 | -1,046,997,000 | -1,176,654,000 | -3,915,459,000 | -1,691,808,000 | -1,691,808,000 | -2,521,650,000 | -2,623,619,000 | -2,623,619,000 | -2,810,436,000 | -6,135,965,000 | -1,794,507,000 | |||||||
yoy | -1.28% | 132.76% | 30.19% | -2.41% | -14.39% | -51.97% | -3.86% | 47.31% | 71.88% | 165.87% | 130.60% | 47.18% | 203.60% | -55.42% | 315.37% | -43.92% | -61.67% | -88.48% | -38.11% | -53.34% | -35.52% | -35.52% | -10.28% | 46.20% | |||||||||||||||||
qoq | -26.00% | -42.53% | 74.00% | 33.41% | -2.67% | 0.00% | 13.78% | -43.90% | 127.77% | 0.00% | 15.29% | 54.69% | 0.00% | 113.42% | -55.42% | -68.66% | 315.37% | 0.00% | -56.92% | -69.95% | 131.44% | 0.00% | -32.91% | 0.00% | -6.65% | -54.20% | |||||||||||||||
net income margin % | -26.28% | -56.09% | -37.83% | -56.09% | -27.10% | NaN% | -28.92% | -52.32% | -52.32% | -23.90% | NaN% | -69.04% | -55.51% | -44.39% | -44.39% | -31.62% | NaN% | -26.79% | -17.99% | -17.99% | -8.52% | -7.14% | NaN% | -6.95% | -7.14% | -5.65% | -5.65% | -23.13% | NaN% | -31.64% | -40.71% | -123.31% | -123.31% | -137.28% | NaN% | -160.84% | -160.84% | -191.24% | -404.86% | NaN% | -3901.87% |
accretion on redeemable non-controlling interests to redemption value | -148,374,000 | -144,490,000 | -292,864,000 | -144,490,000 | -91,400,000 | -83,022,000 | -79,524,000 | -79,524,000 | -77,159,000 | -74,772,000 | -147,237,000 | -72,465,000 | -72,465,000 | -71,100,000 | -68,899,000 | -66,775,000 | -66,775,000 | -2,023,534,000 | -6,519,698,000 | -72,168,000 | -6,519,698,000 | -4,423,996,000 | -4,423,996,000 | -142,742,000 | -31,561,000 | -205,864,000 | -31,561,000 | -31,561,000 | -31,907,000 | -31,214,000 | -31,214,000 | -31,399,000 | -31,399,000 | ||||||||
net loss/(profit) attributable to non-controlling interests | 1,868,000 | 6,183,000 | 5,254,000 | 61,000 | |||||||||||||||||||||||||||||||||||||
net loss attributable to ordinary shareholders of nio inc. | -5,141,307,000 | -6,891,061,000 | -12,032,368,000 | -6,891,061,000 | -5,141,635,000 | -5,126,370,000 | -5,257,918,000 | -5,257,918,000 | -4,628,629,000 | -6,121,936,000 | -10,925,565,000 | -4,803,629,000 | -4,803,629,000 | -4,142,320,000 | -2,745,008,000 | -1,825,038,000 | -1,825,038,000 | -2,858,850,000 | -659,277,000 | -4,874,960,000 | -4,874,960,000 | -1,187,937,000 | -1,207,847,000 | -4,118,620,000 | -1,722,837,000 | -1,722,837,000 | -2,553,615,000 | -2,652,029,000 | -2,652,029,000 | -9,756,843,000 | -19,811,377,000 | -6,110,625,000 | |||||||||
other comprehensive income | |||||||||||||||||||||||||||||||||||||||||
foreign currency translation adjustment, net of nil tax | 184,568,000 | 75,911,000 | 260,479,000 | 75,911,000 | -298,383,000 | 89,483,000 | 7,468,000 | 7,468,000 | -61,222,000 | 327,472,000 | 272,867,000 | -54,605,000 | -54,605,000 | 400,386,000 | 490,549,000 | -38,879,000 | -38,879,000 | 19,912,000 | -168,944,000 | -114,327,000 | -168,944,000 | -74,529,000 | -74,529,000 | 207,985,000 | 6,477,000 | 104,920,000 | -109,542,000 | -109,542,000 | -129,405,000 | -60,585,000 | -60,585,000 | 95,189,000 | -57,966,000 | 1,217,000 | |||||||
total other comprehensive income | 184,568,000 | 75,911,000 | 260,479,000 | 75,911,000 | -298,383,000 | 89,483,000 | 7,468,000 | 7,468,000 | 328,801,000 | 272,867,000 | -55,934,000 | -55,934,000 | 432,316,000 | 485,530,000 | 704,224,000 | 704,224,000 | 19,912,000 | -114,327,000 | -74,529,000 | -74,529,000 | 207,985,000 | 6,477,000 | 104,920,000 | -109,542,000 | -109,542,000 | -129,405,000 | -60,585,000 | -60,585,000 | 95,189,000 | 1,217,000 | |||||||||||
total comprehensive loss | -4,810,233,000 | -6,674,122,000 | -11,484,355,000 | -6,674,122,000 | -5,358,061,000 | -4,956,500,000 | -5,177,109,000 | -5,177,109,000 | -4,617,946,000 | -5,726,949,000 | -10,522,417,000 | -4,795,468,000 | -4,795,468,000 | -3,678,507,000 | -2,271,990,000 | -1,078,436,000 | -1,078,436,000 | -815,390,000 | -2,042,464,000 | -701,497,000 | -2,042,464,000 | -525,577,000 | -525,577,000 | -839,012,000 | -1,170,177,000 | -3,810,539,000 | -1,801,350,000 | -1,801,350,000 | -2,651,055,000 | -2,684,204,000 | -2,684,204,000 | -2,715,247,000 | -6,193,931,000 | -1,793,290,000 | |||||||
comprehensive loss attributable to ordinary shareholders of nio inc. | -4,956,739,000 | -6,815,150,000 | -6,815,150,000 | -5,440,018,000 | -5,036,887,000 | -5,250,450,000 | -5,250,450,000 | -4,689,851,000 | -5,793,135,000 | -4,859,563,000 | -4,859,563,000 | -3,716,391,000 | -2,259,478,000 | -1,270,955,000 | -1,270,955,000 | -2,838,938,000 | -773,604,000 | -4,949,489,000 | -4,949,489,000 | -979,952,000 | -1,201,370,000 | -4,013,700,000 | -1,832,379,000 | -1,832,379,000 | -2,683,020,000 | -2,712,614,000 | -2,712,614,000 | -9,661,654,000 | -19,869,343,000 | -6,109,408,000 | |||||||||||
weighted-average number of ordinary shares/adss used in computing net loss per share/ads | |||||||||||||||||||||||||||||||||||||||||
basic and diluted | 2,230,044,617 | 2,162,319,854 | 2,093,881,620 | 2,055,159,231 | 2,054,614,522 | 2,049,836,045 | 2,044,151,465 | 2,044,151,465 | 1,735,661,387 | 1,700,203,886 | 1,652,857,917 | 1,651,113,461 | 1,649,309,669 | 1,649,309,669 | 1,640,001,909 | 1,636,999,280 | 1,632,803,993 | 1,624,805,030 | 1,624,805,030 | 1,567,807,244 | 1,572,702,112 | 1,563,893,630 | 1,561,225,055 | 1,551,918,888 | 1,551,918,888 | 1,210,613,409 | 1,182,660,948 | 1,054,638,822 | 1,100,928,485 | 1,037,488,350 | 1,037,488,350 | 1,028,698,303 | 1,029,931,705 | 1,034,648,189 | 1,034,648,189 | 229,083,029 | 95,740,204 | 332,153,211 | |||
net income per share | -204.93 | ||||||||||||||||||||||||||||||||||||||||
basic and diluted | -2.31 | -3.29 | -5.56 | -3.29 | -2.5 | -2.5 | -2.57 | -2.57 | -2.67 | -3.7 | -6.62 | -2.91 | -2.91 | -2.53 | -1.68 | -1.12 | -1.12 | -1.82 | -0.42 | -5.38 | -3.14 | -3.14 | -0.98 | -1.15 | -3.74 | -1.66 | -1.66 | -2.48 | -2.56 | -2.56 | -42.59 | -206.93 | |||||||||
loss on extinguishment of debt | -14,660,000 | -14,660,000 | -11,326,000 | -11,326,000 | |||||||||||||||||||||||||||||||||||||
net loss attributable to non-controlling interests | 3,462,000 | 5,330,000 | 3,462,000 | 2,635,000 | 6,183,000 | 8,586,000 | 16,956,000 | 8,370,000 | 8,370,000 | 39,603,000 | 81,411,000 | 24,397,000 | 24,397,000 | -14,000 | 131,000 | 84,000 | 84,000 | 1,802,000 | 2,703,000 | 532,000 | 532,000 | 2,804,000 | 2,804,000 | 8,000,000 | 23,278,000 | 7,036,000 | |||||||||||||||
weighted average number of ordinary shares/ads used in computing net loss per share/ads | |||||||||||||||||||||||||||||||||||||||||
basic and diluted | 2,093,881,620 | 1,028,698,303 | |||||||||||||||||||||||||||||||||||||||
| |||||||||||||||||||||||||||||||||||||||||
revenue: | |||||||||||||||||||||||||||||||||||||||||
share of loss of equity investees | -380,859,000 | -35,631,000 | |||||||||||||||||||||||||||||||||||||||
comprehensive loss attributable to ordinary shareholders of nio inc | -11,771,889,000 | -10,652,698,000 | |||||||||||||||||||||||||||||||||||||||
weighted-average number of ordinary shares/ads used in computing net loss per share/ads | |||||||||||||||||||||||||||||||||||||||||
basic and diluted | 2,230,044,617 | 2,162,319,854 | 2,093,881,620 | 2,055,159,231 | 2,054,614,522 | 2,049,836,045 | 2,044,151,465 | 2,044,151,465 | 1,735,661,387 | 1,700,203,886 | 1,652,857,917 | 1,651,113,461 | 1,649,309,669 | 1,649,309,669 | 1,640,001,909 | 1,636,999,280 | 1,632,803,993 | 1,624,805,030 | 1,624,805,030 | 1,567,807,244 | 1,572,702,112 | 1,563,893,630 | 1,561,225,055 | 1,551,918,888 | 1,551,918,888 | 1,210,613,409 | 1,182,660,948 | 1,054,638,822 | 1,100,928,485 | 1,037,488,350 | 1,037,488,350 | 1,028,698,303 | 1,029,931,705 | 1,034,648,189 | 1,034,648,189 | 229,083,029 | 95,740,204 | 332,153,211 | |||
gain on extinguishment of debt | -14,660,000 | 170,193,000 | |||||||||||||||||||||||||||||||||||||||
income tax benefit | -4,631,000 | -38,265,000 | -7,674,000 | 1,791,000 | -30,459,000 | ||||||||||||||||||||||||||||||||||||
share of income of equity investees | -199,662,000 | 7,781,000 | 10,641,000 | 24,240,000 | 13,599,000 | 13,599,000 | 52,054,000 | 48,053,000 | 26,229,000 | 26,229,000 | |||||||||||||||||||||||||||||||
net (profit)/loss attributable to non-controlling interests | 9,443,000 | -58,000 | |||||||||||||||||||||||||||||||||||||||
change in unrealized loss related to available-for-sale debt securities, net of tax | |||||||||||||||||||||||||||||||||||||||||
other comprehensive loss attributable to non-controlling interests | -6,387,000 | ||||||||||||||||||||||||||||||||||||||||
share of income/(losses) of equity investees | -73,607,000 | -19,482,000 | -19,482,000 | ||||||||||||||||||||||||||||||||||||||
other (losses)/income | 52,351,000 | 67,376,000 | 128,290,000 | ||||||||||||||||||||||||||||||||||||||
other operating income/ | -20,790,000 | -20,790,000 | |||||||||||||||||||||||||||||||||||||||
change in unrealized gains on cash flow hedges | 1,329,000 | -1,329,000 | -1,329,000 | -797,000 | |||||||||||||||||||||||||||||||||||||
change in unrealized losses related to available-for-sale debt securities, net of tax | |||||||||||||||||||||||||||||||||||||||||
change in unrealized losses on cash flow hedges | -20,000 | ||||||||||||||||||||||||||||||||||||||||
other income/(losses) | -88,645,000 | -495,582,000 | -189,955,000 | 86,886,000 | |||||||||||||||||||||||||||||||||||||
other comprehensive loss | |||||||||||||||||||||||||||||||||||||||||
total other comprehensive loss | -61,222,000 | -57,966,000 | |||||||||||||||||||||||||||||||||||||||
other losses | -138,345,000 | -10,055,000 | |||||||||||||||||||||||||||||||||||||||
change in unrealized gains related to available-for-sale debt securities, net of tax | 32,727,000 | -4,999,000 | 743,103,000 | 743,103,000 | |||||||||||||||||||||||||||||||||||||
other comprehensive income attributable to non-controlling interests | -150,141,000 | -150,141,000 | |||||||||||||||||||||||||||||||||||||||
assets | |||||||||||||||||||||||||||||||||||||||||
current assets: | |||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents | 13,723,951,000 | ||||||||||||||||||||||||||||||||||||||||
restricted cash | 2,119,420,000 | ||||||||||||||||||||||||||||||||||||||||
short-term investments | 13,580,712,000 | ||||||||||||||||||||||||||||||||||||||||
trade and notes receivables | 5,664,848,000 | ||||||||||||||||||||||||||||||||||||||||
amounts due from related parties | 1,482,882,000 | ||||||||||||||||||||||||||||||||||||||||
inventory | 8,493,374,000 | ||||||||||||||||||||||||||||||||||||||||
prepayments and other current assets | 2,876,692,000 | ||||||||||||||||||||||||||||||||||||||||
total current assets | 47,941,879,000 | ||||||||||||||||||||||||||||||||||||||||
non-current assets: | |||||||||||||||||||||||||||||||||||||||||
long-term restricted cash | 126,226,000 | ||||||||||||||||||||||||||||||||||||||||
property, plant and equipment | 18,547,515,000 | ||||||||||||||||||||||||||||||||||||||||
intangible assets | 29,648,000 | ||||||||||||||||||||||||||||||||||||||||
land use rights | 209,951,000 | ||||||||||||||||||||||||||||||||||||||||
long-term investments | 5,273,962,000 | ||||||||||||||||||||||||||||||||||||||||
right-of-use assets – operating lease | 9,340,932,000 | ||||||||||||||||||||||||||||||||||||||||
other non-current assets | 5,908,818,000 | ||||||||||||||||||||||||||||||||||||||||
total non-current assets | 39,437,052,000 | ||||||||||||||||||||||||||||||||||||||||
total assets | 87,378,931,000 | ||||||||||||||||||||||||||||||||||||||||
liabilities | |||||||||||||||||||||||||||||||||||||||||
current liabilities: | |||||||||||||||||||||||||||||||||||||||||
short-term borrowings | 4,834,210,000 | ||||||||||||||||||||||||||||||||||||||||
trade and notes payable | 19,207,083,000 | ||||||||||||||||||||||||||||||||||||||||
amounts due to related parties | 482,272,000 | ||||||||||||||||||||||||||||||||||||||||
taxes payable | 256,489,000 | ||||||||||||||||||||||||||||||||||||||||
current portion of operating lease liabilities | 1,346,143,000 | ||||||||||||||||||||||||||||||||||||||||
current portion of long-term borrowings | 7,224,712,000 | ||||||||||||||||||||||||||||||||||||||||
accruals and other liabilities | 14,752,703,000 | ||||||||||||||||||||||||||||||||||||||||
total current liabilities | 48,103,612,000 | ||||||||||||||||||||||||||||||||||||||||
non-current liabilities: | |||||||||||||||||||||||||||||||||||||||||
long-term borrowings | 6,544,565,000 | ||||||||||||||||||||||||||||||||||||||||
non-current operating lease liabilities | 8,441,889,000 | ||||||||||||||||||||||||||||||||||||||||
deferred tax liabilities | 216,161,000 | ||||||||||||||||||||||||||||||||||||||||
other non-current liabilities | 5,712,171,000 | ||||||||||||||||||||||||||||||||||||||||
total non-current liabilities | 20,914,786,000 | ||||||||||||||||||||||||||||||||||||||||
total liabilities | 69,018,398,000 | ||||||||||||||||||||||||||||||||||||||||
commitments and contingencies | |||||||||||||||||||||||||||||||||||||||||
mezzanine equity | |||||||||||||||||||||||||||||||||||||||||
redeemable non-controlling interests | 3,704,458,000 | ||||||||||||||||||||||||||||||||||||||||
total mezzanine equity | 3,704,458,000 | ||||||||||||||||||||||||||||||||||||||||
shareholders’ equity | |||||||||||||||||||||||||||||||||||||||||
class a ordinary shares | 2,679,000 | ||||||||||||||||||||||||||||||||||||||||
class b ordinary shares | |||||||||||||||||||||||||||||||||||||||||
class c ordinary shares | 254,000 | ||||||||||||||||||||||||||||||||||||||||
less: treasury shares | -1,849,600,000 | ||||||||||||||||||||||||||||||||||||||||
additional paid in capital | 95,682,004,000 | ||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive income | 1,308,878,000 | ||||||||||||||||||||||||||||||||||||||||
accumulated deficit | -80,692,558,000 | ||||||||||||||||||||||||||||||||||||||||
total nio inc. shareholders’ equity | 14,451,657,000 | ||||||||||||||||||||||||||||||||||||||||
non-controlling interests | 204,418,000 | ||||||||||||||||||||||||||||||||||||||||
total shareholders’ equity | 14,656,075,000 | ||||||||||||||||||||||||||||||||||||||||
total liabilities, mezzanine equity and shareholders’ equity | 87,378,931,000 | ||||||||||||||||||||||||||||||||||||||||
weighted-average number of ordinary shares used in computing net loss per share | |||||||||||||||||||||||||||||||||||||||||
basic and diluted | 2,230,044,617 | 2,162,319,854 | 2,093,881,620 | 2,055,159,231 | 2,054,614,522 | 2,049,836,045 | 2,044,151,465 | 2,044,151,465 | 1,735,661,387 | 1,700,203,886 | 1,652,857,917 | 1,651,113,461 | 1,649,309,669 | 1,649,309,669 | 1,640,001,909 | 1,636,999,280 | 1,632,803,993 | 1,624,805,030 | 1,624,805,030 | 1,567,807,244 | 1,572,702,112 | 1,563,893,630 | 1,561,225,055 | 1,551,918,888 | 1,551,918,888 | 1,210,613,409 | 1,182,660,948 | 1,054,638,822 | 1,100,928,485 | 1,037,488,350 | 1,037,488,350 | 1,028,698,303 | 1,029,931,705 | 1,034,648,189 | 1,034,648,189 | 229,083,029 | 95,740,204 | 332,153,211 | |||
weighted-average number of ads used in computing net loss per share | |||||||||||||||||||||||||||||||||||||||||
net loss per ads attributable to ordinary shareholders | |||||||||||||||||||||||||||||||||||||||||
basic and diluted | -2.53 | -1.68 | -1.12 | -1.12 | -1.82 | -0.42 | -5.38 | -3.14 | -3.14 | -0.98 | -1.15 | -3.74 | -1.66 | -1.66 | -2.48 | -2.56 | -2.56 | -42.59 | |||||||||||||||||||||||
other operating loss | 32,910,000 | -686,000 | -23,941,000 | -32,084,000 | |||||||||||||||||||||||||||||||||||||
gross (loss)/profit | 5,121,889,000 | ||||||||||||||||||||||||||||||||||||||||
other operating (loss)/income | 110,158,000 | ||||||||||||||||||||||||||||||||||||||||
interest income | 552,772,000 | 193,034,000 | 552,772,000 | 119,618,000 | 119,618,000 | 51,652,000 | 20,584,000 | 89,885,000 | 17,649,000 | 17,649,000 | 28,669,000 | 62,738,000 | 62,738,000 | 21,820,000 | 71,385,000 | 21,128,000 | |||||||||||||||||||||||||
share of (losses)/profits of equity investees | 64,207,000 | 103,288,000 | 103,288,000 | ||||||||||||||||||||||||||||||||||||||
other (loss)/income | 131,164,000 | ||||||||||||||||||||||||||||||||||||||||
income before income tax expenses | -1,864,502,000 | ||||||||||||||||||||||||||||||||||||||||
other comprehensive (loss)/income | |||||||||||||||||||||||||||||||||||||||||
total other comprehensive (loss)/income | -168,944,000 | ||||||||||||||||||||||||||||||||||||||||
accretion on convertible redeemable preferred shares to redemption value | -6,923,008,000 | -13,667,291,000 | -4,323,154,000 | ||||||||||||||||||||||||||||||||||||||
share of (losses)/profits of equity investees, net of tax | 64,207,000 | ||||||||||||||||||||||||||||||||||||||||
net loss attributable to ordinary shareholders of nio inc. | -8,393,087,000 | ||||||||||||||||||||||||||||||||||||||||
other comprehensive income/ | |||||||||||||||||||||||||||||||||||||||||
total other comprehensive income/ | -168,944,000 | ||||||||||||||||||||||||||||||||||||||||
comprehensive loss attributable to ordinary shareholders of nio inc | -8,562,031,000 | ||||||||||||||||||||||||||||||||||||||||
weighted-average number of ads used in computing net loss per ads | |||||||||||||||||||||||||||||||||||||||||
gross profits | 1,554,806,000 | ||||||||||||||||||||||||||||||||||||||||
share of profits/(losses) of equity investees | -13,638,000 | ||||||||||||||||||||||||||||||||||||||||
share of losses of equity investees, net of tax | -4,408,000 | -32,061,000 | -14,015,000 | ||||||||||||||||||||||||||||||||||||||
net profit attributable to non-controlling interests | 368,000 | ||||||||||||||||||||||||||||||||||||||||
gross loss | -167,479,000 | -219,301,000 | -269,506,000 | -153,188,000 | |||||||||||||||||||||||||||||||||||||
share of profit/(losses) of equity investees, net of tax | -14,015,000 | ||||||||||||||||||||||||||||||||||||||||
share of losses/(profit) of equity investees | -38,419,000 | ||||||||||||||||||||||||||||||||||||||||
weighted average number of ads used in computing net loss per share | |||||||||||||||||||||||||||||||||||||||||
basic and diluted | 2,093,881,620 | 1,028,698,303 | |||||||||||||||||||||||||||||||||||||||
share of (losses)/income of equity investees | 2,112,000 | 2,112,000 | |||||||||||||||||||||||||||||||||||||||
other loss | -1,324,000 | ||||||||||||||||||||||||||||||||||||||||
share of (losses)/income of equity investee | -4,035,000 | ||||||||||||||||||||||||||||||||||||||||
share of losses of equity investee | -11,393,000 | -6,525,000 | |||||||||||||||||||||||||||||||||||||||
investment income | |||||||||||||||||||||||||||||||||||||||||
- vehicle sales | 44,399,000 | ||||||||||||||||||||||||||||||||||||||||
- other sales | 1,592,000 | ||||||||||||||||||||||||||||||||||||||||
research and development expenses | -765,205,000 | ||||||||||||||||||||||||||||||||||||||||
selling, general and administrative expenses | -956,568,000 | ||||||||||||||||||||||||||||||||||||||||
weighted-average number of ordinary shares used in computing net loss per share, basic and diluted | 29,818,067 | ||||||||||||||||||||||||||||||||||||||||
weighted-average number of ads used in computing net loss per share, basic and diluted | |||||||||||||||||||||||||||||||||||||||||
net income per share | -204.93 | ||||||||||||||||||||||||||||||||||||||||
net loss per ads attributable to ordinary shareholders, basic and diluted |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2025-06-30 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2022-09-30 | 2021-12-31 | 2021-11-30 | 2021-09-30 | 2020-09-30 | 2019-12-31 | 2019-01-29 | 2018-11-06 | 2018-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
assets | |||||||||||||
current assets: | |||||||||||||
cash and cash equivalents | 7,111,459,000 | 19,328,920,000 | 22,676,489 | 19,887,575,000 | 18,080,674,000 | 15,333,719,000 | 16,245,960,000 | 21,594,871,000 | 19,327,717,000 | 862,839,000 | 6,743,487,000 | 6,743,487,000 | 6,743,487,000 |
restricted cash | 9,260,268,000 | 8,320,728,000 | 3,154,240,000 | 3,493,321,000 | 2,994,408,000 | 3,655,717,000 | 184,244,000 | 82,507,000 | 32,536,000 | 32,536,000 | 32,536,000 | ||
short-term investments | 10,689,430,000 | 14,137,566,000 | 1,499,939 | 19,171,017,000 | 26,729,065,000 | 37,057,554,000 | |||||||
trade and notes receivables | 1,344,095,000 | 1,676,246,000 | 5,118,170,000 | 2,823,222,000 | |||||||||
amounts due from related parties | 11,414,387,000 | 7,702,404,000 | 89 | 1,380,956,000 | 1,754,279,000 | 1,564,025,000 | 1,943,237,000 | 1,048,656,000 | 86,030,000 | 50,783,000 | 35,303,000 | 53,821,000 | 53,821,000 |
inventory | 8,243,337,000 | 7,087,223,000 | 8,191,386,000 | 6,671,568,000 | 2,056,352,000 | 2,048,893,000 | 1,703,005,000 | 1,039,091,000 | 889,528,000 | 1,361,434,000 | 1,361,434,000 | 1,361,434,000 | |
prepayments and other current assets | 4,444,995,000 | 3,632,956,000 | 70,356 | 2,246,408,000 | 1,944,863,000 | 1,854,075,000 | 1,535,664,000 | 1,332,340,000 | 1,490,213,000 | 1,579,258,000 | 1,505,378,000 | 1,505,378,000 | 1,505,378,000 |
total current assets | 52,507,971,000 | 61,886,043,000 | 39,699,885 | 59,149,752,000 | 63,057,779,000 | 63,641,315,000 | 65,428,702,000 | 54,315,431,000 | 26,325,110,000 | 4,928,008,000 | 12,304,395,000 | 12,304,395,000 | 12,304,395,000 |
non-current assets: | |||||||||||||
long-term restricted cash | 78,073,000 | 97,720,000 | 113,478,000 | 65,732,000 | 46,437,000 | 44,385,000 | 43,623,000 | 44,523,000 | 37,825,000 | 37,825,000 | 37,825,000 | ||
property, plant and equipment | 26,805,111,000 | 25,892,904,000 | 15,658,666,000 | 12,777,076,000 | 7,399,516,000 | 6,032,503,000 | 5,132,587,000 | 5,533,064,000 | 3,821,209,000 | 3,821,209,000 | 3,821,209,000 | ||
intangible assets | 29,648,000 | 29,648,000 | 3,000 | 851,000 | 1,522,000 | 3,988,000 | 3,988,000 | 3,988,000 | |||||
land use rights | 199,343,000 | 201,995,000 | 212,603,000 | 213,929,000 | 199,121,000 | 200,333,000 | 205,180,000 | 208,815,000 | 219,969,000 | 219,969,000 | 219,969,000 | ||
long-term investments | 2,710,730,000 | 3,126,007,000 | 6,356,411,000 | 5,982,684,000 | 3,059,383,000 | 1,307,975,000 | 340,764,000 | 115,325,000 | 139,083,000 | 139,083,000 | 139,083,000 | ||
right-of-use assets – operating lease | 12,958,244,000 | 12,797,158,000 | 7,374,456,000 | 2,988,374,000 | 2,348,642,000 | ||||||||
other non-current assets | 4,756,725,000 | 3,573,137,000 | 7,398,559,000 | 7,274,586,000 | 5,598,764,000 | 4,813,221,000 | 984,655,000 | 1,753,100,000 | 439,025,000 | 439,025,000 | 439,025,000 | ||
total non-current assets | 47,537,874,000 | 45,718,569,000 | 2,783,143 | 37,114,173,000 | 33,819,436,000 | 19,242,286,000 | 14,695,429,000 | 8,068,000,000 | 9,654,021,000 | 4,714,920,000 | 4,714,920,000 | 4,714,920,000 | |
total assets | 100,045,845,000 | 107,604,612,000 | 42,483,028 | 96,263,925,000 | 96,877,215,000 | 82,883,601,000 | 69,010,860,000 | 34,393,110,000 | 14,582,029,000 | 17,019,315,000 | 17,019,315,000 | 17,019,315,000 | |
liabilities | |||||||||||||
current liabilities: | |||||||||||||
short-term borrowings | 5,438,829,000 | 5,729,561,000 | 4,039,210,000 | 5,039,210,000 | 5,230,000,000 | 5,630,000,000 | 5,310,000,000 | 951,957,000 | 885,620,000 | 430,583,000 | 430,583,000 | 430,583,000 | |
trade and notes payable | 34,951,395,000 | 34,387,266,000 | 25,223,687,000 | 20,367,423,000 | 12,638,991,000 | 11,548,443,000 | 10,798,315,000 | ||||||
amounts due to related parties, current | 641,495,000 | 409,363,000 | |||||||||||
taxes payable | 503,432,000 | 400,146,000 | 286,300,000 | 207,715,000 | 627,794,000 | 184,766,000 | 39,231,000 | 43,986,000 | 40,543,000 | 40,543,000 | 40,543,000 | ||
current portion of operating lease liabilities | 2,644,228,000 | 1,945,987,000 | 1,025,968,000 | 831,617,000 | 744,561,000 | 646,887,000 | 522,661,000 | 608,747,000 | |||||
current portion of long-term borrowings | 792,198,000 | 3,397,622,000 | 3,286,640 | 1,237,916,000 | 1,768,304,000 | 2,067,962,000 | 2,191,671,000 | 1,562,777,000 | 445,038,000 | 322,436,000 | 168,940,000 | 168,940,000 | 168,940,000 |
accruals and other liabilities | 17,310,010,000 | 16,041,079,000 | 146,330 | 13,654,362,000 | 11,036,414,000 | 7,201,644,000 | 7,923,686,000 | 7,290,806,000 | 3,526,194,000 | 4,216,641,000 | 2,184,032,000 | ||
total current liabilities | 62,281,587,000 | 62,311,024,000 | 5,361,070 | 45,852,054,000 | 39,729,428,000 | 29,198,152,000 | 28,983,003,000 | 26,603,655,000 | 10,864,875,000 | 9,498,858,000 | 4,800,598,000 | 4,800,598,000 | 4,800,598,000 |
non-current liabilities: | |||||||||||||
long-term borrowings | 9,113,178,000 | 11,440,755,000 | 11,575,725 | 10,885,799,000 | 12,537,116,000 | 9,739,176,000 | 9,826,612,000 | 6,764,903,000 | 7,154,798,000 | 1,079,202,000 | 1,079,202,000 | 1,079,202,000 | |
non-current operating lease liabilities | 11,110,807,000 | 11,260,735,000 | 6,517,096,000 | 6,825,488,000 | 2,317,193,000 | 1,792,738,000 | 1,049,698,000 | 1,598,372,000 | |||||
deferred tax liabilities | 127,286,000 | 127,467,000 | 218,189,000 | 216,598,000 | 25,199,000 | ||||||||
amounts due to related parties, non-current | 357,970,000 | 329,492,000 | |||||||||||
other non-current liabilities | 10,439,053,000 | 8,628,596,000 | 5,144,027,000 | 4,704,302,000 | 3,540,458,000 | 3,055,570,000 | 1,541,444,000 | 1,151,813,000 | 681,043,000 | 681,043,000 | 681,043,000 | ||
total non-current liabilities | 31,148,294,000 | 31,787,045,000 | 11,575,725 | 22,765,111,000 | 24,283,504,000 | 15,622,026,000 | 14,674,920,000 | 9,356,045,000 | 9,904,983,000 | 1,760,245,000 | 1,760,245,000 | 1,760,245,000 | |
total liabilities | 93,429,881,000 | 94,098,069,000 | 16,936,795 | 68,617,165,000 | 64,012,932,000 | 44,820,178,000 | 41,278,575,000 | 20,220,920,000 | 19,403,841,000 | 6,560,843,000 | 6,560,843,000 | 6,560,843,000 | |
commitments and contingencies | |||||||||||||
mezzanine equity | |||||||||||||
redeemable non-controlling interests | 7,734,861,000 | 7,441,997,000 | 3,557,221,000 | 3,484,640,000 | 3,277,866,000 | 3,210,985,000 | 6,145,538,000 | 1,455,787,000 | 1,296,299,000 | 1,296,299,000 | 1,296,299,000 | ||
total mezzanine equity | 7,734,861,000 | 7,441,997,000 | 3,557,221,000 | 3,484,640,000 | 3,277,866,000 | 3,210,985,000 | 6,145,538,000 | 1,455,787,000 | 1,296,299,000 | 1,296,299,000 | 1,296,299,000 | ||
shareholders’ equity/ | |||||||||||||
class a ordinary shares | 3,680,000 | 3,406,000 | 3,368 | 2,668,000 | 2,418,000 | 2,334,000 | 1,934,000 | 1,347,000 | |||||
class c ordinary shares | 254,000 | 254,000 | 254 | 254,000 | 254,000 | 254,000 | 254,000 | 254,000 | |||||
less: treasury shares | -139,156,000 | -239,328,000 | -1,849,600,000 | -1,849,600,000 | -1,849,600,000 | ||||||||
additional paid in capital | 122,894,093,000 | 118,688,242,000 | 117,717,254 | 94,593,062,000 | 92,467,072,000 | 80,022,293,000 | 58,380,028,000 | 40,227,856,000 | 40,762,274,000 | 40,762,274,000 | 40,762,274,000 | ||
accumulated other comprehensive income | 843,138,000 | 582,659,000 | 1,036,011,000 | ||||||||||
accumulated deficit | -124,807,714,000 | -113,068,210,000 | -90,758,034 | -69,914,230,000 | -55,634,140,000 | -53,521,799,000 | -50,262,046,000 | -46,326,321,000 | -31,523,325,000 | -31,523,325,000 | -31,523,325,000 | ||
total nio inc. shareholders’ equity/ | -1,205,705,000 | -6,299,686,000 | |||||||||||
non-controlling interests | 86,808,000 | 97,523,000 | 221,374,000 | 245,997,000 | 75,633,000 | 101,994,000 | 4,384,000 | 22,087,000 | 2,531,000 | 2,531,000 | 2,531,000 | ||
total shareholders’ equity/ | -1,118,897,000 | -6,277,599,000 | |||||||||||
total liabilities, mezzanine equity and shareholders’ equity/ | 100,045,845,000 | ||||||||||||
shareholders’ equity | |||||||||||||
total nio inc. shareholders’ equity | 5,967,023,000 | 23,868,165,000 | 29,133,646,000 | 34,709,924,000 | 24,419,306,000 | ||||||||
total shareholders’ equity | 6,064,546,000 | 25,546,233 | 24,089,539,000 | 29,379,643,000 | 34,785,557,000 | 24,521,300,000 | |||||||
total liabilities, mezzanine equity and shareholders’ equity | 107,604,612,000 | 96,263,925,000 | 96,877,215,000 | 82,883,601,000 | 69,010,860,000 | 14,582,029,000 | 17,019,315,000 | 17,019,315,000 | 17,019,315,000 | ||||
| 2,018,000 | 2,021,000 | 2,020,000 | ||||||||||
amounts due from subsidiaries of the company | 15,453,012 | ||||||||||||
investments in subsidiaries and vies | 2,783,143 | ||||||||||||
amounts due to subsidiaries of the company | 1,928,100 | ||||||||||||
treasury shares | -1,849,600 | -9,186,000 | -9,186,000 | -9,186,000 | |||||||||
accumulated other comprehensive loss | 432,991 | -276,300,000 | -234,396,000 | -98,128,000 | -203,048,000 | -71,888,000 | -71,888,000 | -71,888,000 | |||||
total liabilities and shareholders’ equity | 42,483,028 | ||||||||||||
amounts due to related parties | 384,611,000 | 478,745,000 | 687,200,000 | 658,504,000 | 810,104,000 | 447,791,000 | 309,729,000 | 189,773,000 | |||||
class b ordinary shares | 220,000 | 220,000 | 226,000 | 226,000 | |||||||||
trade and notes receivable | 4,384,009,000 | 3,413,299,000 | 3,322,076,000 | ||||||||||
right-of-use assets - operating lease | 7,505,429,000 | 1,997,672,000 | |||||||||||
expected credit loss provision – current | -42,040,000 | -47,682,000 | -40,684,000 | ||||||||||
expected credit loss provision – non-current | -49,309,000 | -51,633,000 | -19,062,000 | ||||||||||
restricted cash. | 2,933,168,000 | ||||||||||||
short-term investment . | 37,354,957,000 | ||||||||||||
expected credit loss provision – current . | -46,476,000 | ||||||||||||
taxes payable . | 287,086,000 | ||||||||||||
current portion of operating lease liabilities . | 743,613,000 | ||||||||||||
net current assets | 36,445,699,000 | ||||||||||||
summary of consolidated cash flow data: | |||||||||||||
net cash (outflow used in)/inflow generated from operating activities before movements in working capital | -8,417,422,000 | ||||||||||||
changes in operating assets and liabilities | 505,654,000 | ||||||||||||
net cash (used in)/provided by operating activities | -7,911,768,000 | ||||||||||||
net cash (used in)/provided by investing activities | -7,940,843,000 | ||||||||||||
net cash from financing activities | 11,603,092,000 | ||||||||||||
effects of exchange rate changes on, cash equivalents and restricted cash | -56,947,000 | ||||||||||||
net (decrease)/increase in cash, cash equivalents and restricted cash | -4,306,466,000 | ||||||||||||
cash, cash equivalents and restricted cash at beginning of the year/period | 7,530,853,000 | ||||||||||||
cash, cash equivalents and restricted cash at end of the year/period | 3,224,387,000 | ||||||||||||
short-term investment | 21,706,448,000 | 2,718,303,000 | 111,000,000 | 2,377,384,000 | 2,377,384,000 | 2,377,384,000 | |||||||
trade receivable | 1,520,196,000 | 1,352,093,000 | 248,873,000 | 248,873,000 | 248,873,000 | ||||||||
right-of-use assets–operating lease | 1,376,019,000 | ||||||||||||
trade payable | 4,932,003,000 | 3,111,699,000 | 1,786,727,000 | 1,786,727,000 | 1,786,727,000 | ||||||||
shareholders’ (deficit)/equity | |||||||||||||
total nio inc. shareholders’ (deficit)/equity | 8,022,268,000 | 9,159,642,000 | 9,159,642,000 | 9,159,642,000 | |||||||||
total shareholders’ (deficit)/equity | 8,026,652,000 | 9,162,173,000 | 9,162,173,000 | 9,162,173,000 | |||||||||
total liabilities, mezzanine equity and shareholders’ (deficit)/equity | 34,393,110,000 | ||||||||||||
series a-1 and a-2 convertible redeemable preferred shares | |||||||||||||
series a-3 convertible redeemable preferred shares | |||||||||||||
series b convertible redeemable preferred shares | |||||||||||||
series c convertible redeemable preferred shares | |||||||||||||
series d convertible redeemable preferred shares | |||||||||||||
receivable from a holder of series d convertible redeemable preferred shares | |||||||||||||
shareholders’ deficit | |||||||||||||
ordinary shares | 1,767,000 | 1,767,000 | 1,767,000 | ||||||||||
amount due from related parties | 35,303,000 | 35,303,000 | |||||||||||
amount due to related parties | 189,773,000 | 189,773,000 | |||||||||||
accurals and other liabilities | 2,184,032,000 | 2,184,032,000 | |||||||||||
convertible redeemable preferred shares |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2021-12-31 | 2020-12-31 | 2019-12-31 |
|---|---|---|---|
cash flows from operating activities | |||
net loss | |||
adjustments to reconcile net loss to net cash from operating activities: | |||
depreciation and amortization | 562,510,000 | 281,676,000 | 714,026,000 |
expected credit loss reversal | |||
inventory write-downs | |||
impairment on long-term assets | |||
foreign exchange gain | |||
share-based compensation expenses | 396,691,000 | 60,199,000 | -204,263,000 |
investment loss | |||
loss on extinguishment of debt | |||
share of loss of equity investees, net of tax | |||
amortization of right-of-use assets | 204,694,000 | 149,863,000 | |
loss on disposal of property, plant and equipment | 24,866,000 | 101,286,000 | 41,623,000 |
deferred income tax benefit | |||
changes in operating assets and liabilities: | |||
prepayments and other current assets | -237,190,000 | 113,968,000 | 700,560,000 |
inventory | -361,334,000 | -46,080,000 | 1,841,663,000 |
other non-current assets | -2,753,169,000 | -607,030,000 | -168,722,000 |
amount due from related parties | -565,371,000 | ||
operating lease liabilities | -214,723,000 | -125,213,000 | |
taxes payable | 443,516,000 | 142,410,000 | -18,158,000 |
trade and notes receivable | 484,110,000 | ||
trade and notes payable | 1,766,488,000 | ||
accruals and other liabilities | 1,367,824,000 | 962,507,000 | 290,417,000 |
amount due to related parties, current | |||
amount due to related parties, non-current | |||
other non-current liabilities | 1,112,841,000 | 179,922,000 | 51,658,000 |
net cash from operating activities | -3,389,670,000 | ||
capital expenditures | 130,688,000 | ||
free cash flows | -3,258,982,000 | ||
cash flows from investing activities | |||
purchase of property, plant and equipment and intangible assets | -1,683,845,000 | -175,329,000 | 130,688,000 |
proceeds from disposal of property, plant and equipment | |||
purchases of short-term investments | -46,154,423,000 | -4,626,500,000 | 174,622,000 |
proceeds from sale of short-term investments | 30,757,273,000 | 3,385,500,000 | |
purchase of available-for-sale debt investment | |||
capital injection to equity investees | |||
withdrawal of long-term investments | |||
purchase of held to maturity debt investments | |||
purchase of retained asset-backed securities | |||
proceeds from maturities of retained asset-backed securities | |||
net cash from investing activities | |||
cash flows from financing activities | |||
proceeds from exercise of stock options | 21,285,000 | 58,466,000 | 8,966,000 |
capital withdrawal by non-controlling interests | 0 | ||
distributions to non-controlling interests | |||
capital injection from redeemable non-controlling interests | |||
proceeds from borrowings | 309,506,000 | ||
repayments of borrowings | -2,551,421,000 | ||
repurchase and repayments of convertible senior notes | |||
principal payments on finance leases | -7,709,000 | -9,958,000 | |
proceeds from issuance of ordinary shares, net of issuance costs | |||
net cash from financing activities | 10,600,383,000 | 18,842,333,000 | -5,956,123,000 |
effects of exchange rate changes on cash, cash equivalents and restricted cash | -521,697,000 | -590,770,000 | 96,726,000 |
net decrease in cash, cash equivalents and restricted cash | |||
cash, cash equivalents and restricted cash at beginning of the period | |||
cash, cash equivalents and restricted cash at end of the period | |||
non-cash investing and financing activities | |||
accruals related to purchase of property, plant and equipment | |||
accretion on redeemable non-controlling interests to redemption value | 66,881,000 | 105,806,000 | |
supplemental disclosure | |||
interest paid | 58,837,000 | 126,838,000 | 195,359,000 |
income taxes paid | -276,000 | 270,000 | 8,450,000 |
| |||
net income | |||
adjustments to reconcile net income to net cash from operating activities: | |||
expected credit loss expense/ | |||
foreign exchange loss/ | |||
investment (income)/loss | |||
(gain)/loss on extinguishment of debt | |||
share of (income)/loss of equity investees | |||
loss/(gain) on disposal of property, plant and equipment | |||
deferred income tax expense/ | |||
amounts due from related parties | |||
amounts due to related parties, current | |||
amounts due to related parties, non-current | |||
purchase of property, plant and equipment, land use rights and intangible assets | |||
purchase of short-term investments | |||
proceeds from maturities of short-term investments | |||
proceeds from disposal of available-for-sale debt investment | |||
acquisitions of equity investees | 6,674,000 | 71,850,000 | |
proceeds from disposal of equity investees | |||
withdrawal of long-term investment | |||
net cash from /(used in) investing activities | |||
proceeds from issuance of convertible senior notes | |||
repurchase of convertible senior notes | |||
proceeds from borrowings from third parties | |||
repayments of borrowings from third parties | |||
net cash (used in)/provided by financing activities | |||
net increase/(decrease) in cash, cash equivalents and restricted cash | |||
cash, cash equivalents and restricted cash at beginning of the year | |||
cash, cash equivalents and restricted cash at end of the year | |||
conversion of convertible senior notes to ordinary shares | 1,371,000 | ||
exchange of convertible senior notes to ordinary shares with cancellation of the same amount of treasury shares | |||
settlement of capped call options and zero strike call options | |||
adjustments to reconcile net income to net cash provided by/(used in) operating activities: | |||
investment income | |||
gain on extinguishment of debt | |||
share of income of equity investees, net of tax | |||
deferred income tax expense | |||
amounts due to related parties | |||
net cash provided by/(used in)operating activities | |||
loan repayment from related parties | |||
net cash(used in)/provided by investing activities | |||
capital injection from non-controlling interests | 0 | ||
redemption and repurchase of redeemable non-controlling interests | -2,000,000,000 | ||
net cash provided by/(used in) financing activities | |||
net (decrease)/ increase in cash, cash equivalents and restricted cash | |||
issuance of restricted shares | 0 | 0 | |
shareholder’s contribution | |||
foreign exchange loss | 132,168,000 | 381,476,000 | |
interest and investment income | |||
gain on disposal of property, plant and equipment | |||
amount due to related parties | -122,904,000 | ||
deferred tax liabilities | |||
net increase in cash, cash equivalents and restricted cash | |||
expected credit loss expense | 16,049,000 | ||
share of loss/(income) of equity investees, net of tax | |||
proceeds from issuance of convertible promissory note - third parties | |||
proceeds from issuance of convertible promissory note - related parties | |||
proceeds from borrowings from related parties | |||
repayment of borrowings from related parties | |||
adjustments to reconcile net income to net cash (used in)/ provided by operating activities: | |||
allowance against receivables | |||
impairment on other assets | |||
gain from disposal of an equity investee | |||
share of losses/(profits) of equity investees, net of tax | 1,697,000 | ||
net cash (used in)/provided by operating activities | |||
acquisitions of equity investees and equity security investments | |||
proceeds from disposal of an equity investee | |||
proceeds from disposal of property and equipment | 218,000 | 0 | |
net cash provided by/(used in) investing activities | |||
net (decrease)/increase in cash, cash equivalents and restricted cash | |||
accruals related to purchase of property and equipment | 577,360,000 | 33,728,000 | |
acquisition of an equity investee | |||
shareholder's contribution | |||
gain from the re-measurement for an equity investment to cost method | |||
long-term receivables | 35,577,000 | ||
non-current deferred revenue | 151,349,000 | ||
purchase of available-for-sale debt investments | |||
proceeds from issuance of convertible promissory note | |||
proceeds from issuance of ordinary shares, net of issuance cost | |||
expected credit losses | |||
ineventory write-downs | |||
impairment on property, plant and equipment | |||
share of losses of equity investee | 53,085,000 | ||
trade receivable | 375,508,000 | -432,683,000 | |
loan to related parties | |||
net cash (used in)/provided by investing activities | |||
proceeds from collection of receivable from a holder of series d convertible redeemable preferred shares | |||
deposit from non-controlling interest | |||
proceeds from issuance of redeemable non-controlling interests | |||
repayment of non-recourse loan | |||
repurchase of restricted shares | |||
capital injection from redeemable non-controlling interests holders | |||
capital withdrawal by non-controlling shareholders | |||
redemption of redeemable non-controlling interests | |||
proceeds from borrowings - third parties | |||
repayments of borrowings - third parties | |||
proceeds from borrowings - related parties | |||
repayment of borrowings - related parties | |||
proceeds from issuance of ordinary shares | 19,663,299,000 | ||
conversion of convertible notes to ordinary shares | 831,395,000 | ||
accretion on convertible redeemable preferred shares to redemption value | |||
changes in fair value for an equity investment | |||
share of losses of equity investees | |||
trade payable | -1,604,680,000 | ||
repurchase of redeemable non-controlling interests | |||
write-downs of inventory | |||
purchase of held for trading securities | |||
sale of held for trading securities | |||
acquisition of additional interests in subsidiaries from non-controlling interests | |||
net cash provided by/(used) in investing activities | |||
proceeds from issuance of series a convertible redeemable preferred shares, net of issuance costs | |||
proceeds from issuance of series b convertible redeemable preferred shares, net of issuance costs | |||
proceeds from issuance of series c convertible redeemable preferred shares, net of issuance costs | |||
repayment of convertible promissory note | |||
proceeds from issuance of ordinary share | |||
issuance of series d convertible redeemable preferred shares | |||
long-term receivable | |||
deferred revenue | |||
cash , cash equivalents and restricted cash at end of the period | |||
repurchase of ordinary shares | |||
non-cash financing activities | |||
capital injection from non-controlling interests in the form of net assets | |||
accrual related to purchase of property and equipment | |||
non-cash financing activities - sum |

