XML 58 R35.htm IDEA: XBRL DOCUMENT
v3.26.1

Parent Company (the "Company") Only Financial Information | 12 Months Ended
--- | ---
Dec. 31, 2025
Parent Company (the "Company") Only Financial Information |
Parent Company (the "Company") Only Financial Information | 28. Parent Company (the “Company”) Only Financial Information The Company performed a test on the restricted net assets of its consolidated subsidiaries and VIEs in accordance with Securities and Exchange Commission Regulation S-X Rule 4-08 (e) (3), “General Notes to Financial Statements” and concluded that it was applicable for the Company to disclose the financial information for the Company only. The subsidiaries did not pay any dividends to the Company for the years presented. Certain information and footnote disclosures generally included in financial statements prepared in accordance with U.S. GAAP have been omitted. The footnote disclosures contain supplemental information relating to the operations of the Company, as such, these statements are not the general-purpose financial statements of the reporting entity and should be read in conjunction with the notes to the consolidated financial statements of the Company. The Company did not have significant capital and other commitments, or guarantees as of December 31, 2025. Condensed Balance Sheets ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | As of December 31,
​ | ​ ​ ​ | 2024 | ​ ​ ​ | 2025 | ​ ​ ​ | 2025
​ | ​ | RMB | ​ | RMB | ​ | US$
​ | ​ | ​ | ​ | ​ | ​ | Note 2(e)
ASSETS |  | ​ |  | ​ |  | ​
Current assets: |  | ​ |  | ​ |  | ​
Cash and cash equivalents |  | 4,451,772 | ​ | 1,092,845 | ​ | 156,275
Amounts due from subsidiaries of the Company | ​ | 20,952,738 | ​ | 11,057,142 | ​ | 1,581,150
Amounts due from related parties |  | 1,701 | ​ | 389 | ​ | 56
Prepayments and other current assets |  | 23,727 | ​ | 33,387 | ​ | 4,773
Total current assets |  | 25,429,938 | ​ | 12,183,763 | ​ | 1,742,254
Non-current assets: |  | ​ | ​ | ​ | ​ | ​
Investments in subsidiaries and VIEs |  | — | ​ | 183,448 | ​ | 26,233
Total non-current assets |  | — | ​ | 183,448 | ​ | 26,233
Total assets |  | 25,429,938 | ​ | 12,367,211 | ​ | 1,768,487
LIABILITIES |  | ​ |  | ​ |  | ​
Current liabilities: |  | ​ |  | ​ |  | ​
Amounts due to subsidiaries of the Company |  | 1,620,646 | ​ | 70,343 | ​ | 10,059
Current portion of long-term borrowings | ​ | 2,706,285 | ​ | 6,409 | ​ | 916
Accruals and other liabilities |  | 123,833 | ​ | 133,289 | ​ | 19,060
Total current liabilities |  | 4,450,764 | ​ | 210,041 | ​ | 30,035
Deficits of investments in subsidiaries and VIEs | ​ | 6,845,155 | ​ | — | ​ | —
Long-term borrowings | ​ | 8,166,996 | ​ | 7,997,710 | ​ | 1,143,657
Total non-current liabilities |  | 15,012,151 | ​ | 7,997,710 | ​ | 1,143,657
Total liabilities |  | 19,462,915 | ​ | 8,207,751 | ​ | 1,173,692
SHAREHOLDERS’ EQUITY |  | ​ |  | ​ |  | ​
Class A Ordinary Shares |  | 3,406 | ​ | 4,089 | ​ | 585
Class C Ordinary Shares |  | 254 | ​ | 254 | ​ | 36
Treasury shares |  | (239,328) | ​ | (123,910) | ​ | (17,719)
Additional paid in capital |  | 118,688,242 | ​ | 131,728,259 | ​ | 18,836,891
Accumulated other comprehensive loss |  | 582,659 | ​ | 579,799 | ​ | 82,910
Accumulated deficit |  | (113,068,210) | ​ | (128,029,031) | ​ | (18,307,908)
Total shareholders’ equity |  | 5,967,023 | ​ | 4,159,460 | ​ | 594,795
Total liabilities and shareholders’ equity |  | 25,429,938 | ​ | 12,367,211 | ​ | 1,768,487
​ Condensed Statements of Comprehensive Loss ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | For the Year ended December 31,
​ | ​ ​ ​ | 2023 | ​ ​ ​ | 2024 | ​ ​ ​ | 2025 | ​ ​ ​ | 2025
​ | ​ | RMB | ​ | RMB | ​ | RMB | ​ | US$
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Note 2(e)
Operating expenses: |  | ​ |  | ​ |  | ​ |  | ​
Selling, general and administrative |  | (99,587) | ​ | (104,001) | ​ | (142,457) | ​ | (20,371)
Total operating expenses |  | (99,587) | ​ | (104,001) | ​ | (142,457) | ​ | (20,371)
Loss from operations |  | (99,587) | ​ | (104,001) | ​ | (142,457) | ​ | (20,371)
Interest and investment income |  | 524,173 | ​ | 522,799 | ​ | 100,354 | ​ | 14,350
Interest expense |  | (207,649) | ​ | (392,179) | ​ | (366,066) | ​ | (52,347)
Gain/(loss) on extinguishment of debt | ​ | 170,193 | ​ | (4,480) | ​ | (14,660) | ​ | (2,096)
Equity in loss of subsidiaries and VIEs |  | (21,349,555) | ​ | (22,287,129) | ​ | (15,012,784) | ​ | (2,146,799)
Other income/(loss), net |  | 121,800 | ​ | (9,479) | ​ | 515,714 | ​ | 73,745
Loss before income tax expense |  | (20,840,625) | ​ | (22,274,469) | ​ | (14,919,899) | ​ | (2,133,518)
Income tax expense |  | (3,179) | ​ | (35,707) | ​ | (40,922) | ​ | (5,850)
Net loss |  | (20,843,804) | ​ | (22,310,176) | ​ | (14,960,821) | ​ | (2,139,368)
Accretion on redeemable non-controlling interests to redemption value |  | (303,163) | ​ | (347,516) | ​ | (609,857) | ​ | (87,208)
Net loss attributable to ordinary shareholders of NIO Inc. |  | (21,146,967) | ​ | (22,657,692) | ​ | (15,570,678) | ​ | (2,226,576)
Net loss | ​ | (20,843,804) | ​ | (22,310,176) | ​ | (14,960,821) | ​ | (2,139,368)
Total comprehensive loss | ​ | (21,446,824) | ​ | (22,160,508) | ​ | (14,963,681) | ​ | (2,139,777)
Accretion on redeemable non-controlling interests to redemption value | ​ | (303,163) | ​ | (347,516) | ​ | (609,857) | ​ | (87,208)
Comprehensive loss attributable to ordinary shareholders of NIO Inc. | ​ | (21,749,987) | ​ | (22,508,024) | ​ | (15,573,538) | ​ | (2,226,985)
​ Condensed Statements of Cash Flows ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | For The Year ended December 31,
​ | ​ ​ ​ | 2023 | ​ ​ ​ | 2024 | ​ ​ ​ | 2025 | ​ ​ ​ | 2025
​ | ​ | RMB | ​ | RMB | ​ | RMB | ​ | US$
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Note 2(e)
CASH FLOWS FROM OPERATING ACTIVITIES | ​ | ​ | ​ | ​ |  | ​ |  | ​
Net cash (used in)/provided by operating activities | ​ | (8,262,167) | ​ | (5,348,151) | ​ | 8,207,624 | ​ | 1,173,675
CASH FLOWS FROM INVESTING ACTIVITIES | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net cash used in by investing activities | ​ | (1,972,672) | ​ | (9,838,095) | ​ | (20,700,636) | ​ | (2,960,152)
CASH FLOWS FROM FINANCING ACTIVITIES | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net cash provided by/(used in) financing activities | ​ | 25,782,226 | ​ | (3,190,866) | ​ | 9,241,358 | ​ | 1,321,497
Effects of exchange rate changes on cash, cash equivalents and restricted cash | ​ | 52,552 | ​ | 152,395 | ​ | (107,273) | ​ | (15,340)
NET INCREASE/(DECREASE) IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH | ​ | 15,599,939 | ​ | (18,224,717) | ​ | (3,358,927) | ​ | (480,320)
Cash, cash equivalents and restricted cash at beginning of the year | ​ | 7,076,550 | ​ | 22,676,489 | ​ | 4,451,772 | ​ | 636,595
Cash, cash equivalents and restricted cash at end of the year | ​ | 22,676,489 | ​ | 4,451,772 | ​ | 1,092,845 | ​ | 156,275
​ ​ Basis of presentation The Company’s accounting policies are the same as the Group’s accounting policies with the exception of the accounting for the investments in subsidiaries and VIEs. For the company only financial information, the Company records its investments in subsidiaries and VIEs under the equity method of accounting as prescribed in ASC 323, Investments—Equity Method and Joint Ventures. Such investments are presented on the Balance Sheets as “Investments in subsidiaries and VIEs” and shares in the subsidiaries and VIEs’ loss are presented as “Equity in loss of subsidiaries and VIEs” on the Statements of Comprehensive Loss. The parent company only financial information should be read in conjunction with the Group’s consolidated financial statements.

X
- References No definition available. + Details
Name: | srt_CondensedFinancialInformationOfParentCompanyOnlyDisclosureAbstract
Namespace Prefix: | srt_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for condensed financial information, including the financial position, cash flows, and the results of operations of the registrant (parent company) as of the same dates or for the same periods for which audited consolidated financial statements are being presented. Alternatively, the details of this disclosure can be reported by the specific parent company taxonomy elements, indicating the appropriate date and period contexts in an instance document. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 942 -SubTopic 235 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147477314/942-235-S99-2 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 235 -SubTopic 10 -Name Accounting Standards Codification -Section S50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480738/235-10-S50-4 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 235 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 3 -Subparagraph (SX 210.12-04(a)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480678/235-10-S99-3 Reference 4: http://www.xbrl.org/2003/role/recommendedDisclosureRef -Topic 810 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 11 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481231/810-10-45-11 + Details
Name: | us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration