7Baggers

NIO Inc
(NYSE:NIO) 

NIO stock logo

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...

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: USD2025-11-25 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 
                                             
      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: USD2025-06-30 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: USD2021-12-31 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
          
          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
          
          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
         
          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  
          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