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CONSOLIDATED BALANCE SHEETS
¥ in Thousands, $ in Thousands
Dec. 31, 2022
CNY (¥)
Dec. 31, 2022
USD ($)
Dec. 31, 2021
CNY (¥)
Current assets:      
Cash and cash equivalents ¥ 19,887,575 $ 2,883,427 ¥ 15,333,719
Restricted cash 3,154,240 457,322 2,994,408
Short-term investments 19,171,017 2,779,536 37,057,554
Trade and notes receivables, net (Allowance for expected credit losses of RMB25.4 million and RMB39.6 million, respectively) 5,118,170 742,065 2,797,805
Amounts due from related parties, net (Allowance for expected credit losses of RMB12.7 million and RMB6.7 million, respectively) 1,380,956 200,220 1,551,334
Inventory 8,191,386 1,187,639 2,056,352
Prepayments and other current assets, net (Allowance for expected credit losses of RMB3.9 million and RMB4.0 million, respectively) 2,246,408 325,699 1,850,143
Total current assets 59,149,752 8,575,908 63,641,315
Non-current assets:      
Long-term restricted cash 113,478 16,453 46,437
Property, plant and equipment, net 15,658,666 2,270,293 7,399,516
Land use rights, net 212,603 30,825 199,121
Long-term investments 6,356,411 921,593 3,059,383
Right-of-use assets - operating lease 7,374,456 1,069,196 2,988,374
Other non-current assets, net (Allowance for expected credit losses of RMB49.3 million and RMB89.6 million, respectively) 7,398,559 1,072,690 5,549,455
Total non-current assets 37,114,173 5,381,050 19,242,286
Total assets 96,263,925 13,956,958 82,883,601
Current liabilities:      
Short-term borrowings 4,039,210 585,630 5,230,000
Trade and notes payable 25,223,687 3,657,091 12,638,991
Amounts due to related parties 384,611 55,763 687,200
Taxes payable 286,300 41,510 627,794
Current portion of operating lease liabilities 1,025,968 148,751 744,561
Current portion of long-term borrowings 1,237,916 179,481 2,067,962
Accruals and other liabilities 13,654,362 1,979,700 7,201,644
Total current liabilities 45,852,054 6,647,926 29,198,152
Non-current liabilities:      
Long-term borrowings 10,885,799 1,578,292 9,739,176
Non-current operating lease liabilities 6,517,096 944,890 2,317,193
Deferred tax liabilities 218,189 31,634 25,199
Other non-current liabilities 5,144,027 745,814 3,540,458
Total non-current liabilities 22,765,111 3,300,630 15,622,026
Total liabilities 68,617,165 9,948,556 44,820,178
Commitments and contingencies (Note 27)
MEZZANINE EQUITY      
Redeemable non-controlling interests 3,557,221 515,747 3,277,866
Total mezzanine equity 3,557,221 515,747 3,277,866
SHAREHOLDERS' EQUITY      
Less: Treasury shares (18,080,253 and 14,656,330) shares as of December 31, 2021 and 2022, respectively) (1,849,600) (268,167) (1,849,600)
Additional paid in capital 94,593,062 13,714,705 92,467,072
Accumulated other comprehensive (loss)/income 1,036,011 150,208 (276,300)
Accumulated deficit (69,900,000) (10,136,611) (55,634,140)
Total NIO Inc. shareholders' equity 23,868,165 3,460,559 34,709,924
Non-controlling interests 221,374 32,096 75,633
Total shareholders' equity 24,089,539 3,492,655 34,785,557
Total liabilities, mezzanine equity and shareholders' equity 96,263,925 13,956,958 82,883,601
Class A Ordinary Shares      
SHAREHOLDERS' EQUITY      
Ordinary shares 2,668 387 2,418
Class B Ordinary Shares      
SHAREHOLDERS' EQUITY      
Ordinary shares     220
Class C Ordinary Shares      
SHAREHOLDERS' EQUITY      
Ordinary shares ¥ 254 $ 37 ¥ 254