NIO Inc. Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	8,828	11,274	19,329	32,935	19,888	15,334
Short-Term Investments	22,938	20,055	14,514	17,051	19,521	37,142
Cash & Short-Term Investments	31,766	31,329	33,843	49,986	39,408	52,476
Cash Growth	61.06%	-7.43%	-32.30%	26.84%	-24.90%	23.70%
Accounts Receivable	1,160	1,394	1,676	4,658	5,118	2,798
Other Receivables	16,376	16,078	7,702	2,070	1,957	2,005
Receivables	17,536	17,473	9,379	6,728	7,075	4,803
Inventory	8,580	8,531	7,087	5,278	8,191	2,056
Restricted Cash	16,305	14,746	8,321	5,542	3,154	2,994
Other Current Assets	5,155	4,555	3,257	2,846	1,321	1,312
Total Current Assets	79,340	76,633	61,886	70,380	59,150	63,641
Property, Plant & Equipment	36,734	43,236	38,754	36,307	23,082	10,454
Long-Term Investments	2,450	2,481	3,126	5,487	6,356	3,059
Other Intangible Assets	225.01	226.34	231.64	236.95	212.6	199.12
Long-Term Accounts Receivable	-	727.8	863.8	2,486	4,722	2,572
Other Long-Term Assets	7,445	1,097	2,743	2,485	2,741	2,958
Total Assets	126,195	124,401	107,605	117,383	96,264	82,884
Accounts Payable	53,970	53,339	34,504	30,215	25,523	13,156
Accrued Expenses	15,225	6,219	6,768	6,528	6,125	3,283
Short-Term Debt	5,549	4,692	5,730	5,085	4,039	5,230
Current Portion of Long-Term Debt	736.44	655.97	3,398	4,736	1,238	2,068
Current Portion of Leases	2,179	2,427	1,959	1,768	1,057	772.38
Current Income Taxes Payable	306.35	439.24	400.15	349.35	286.3	627.79
Current Unearned Revenue	-	4,398	4,075	2,856	2,108	1,385
Other Current Liabilities	638.22	6,413	5,478	6,259	5,476	2,677
Total Current Liabilities	78,604	78,583	62,311	57,798	45,852	29,198
Long-Term Debt	8,389	8,626	11,441	13,043	10,886	9,739
Long-Term Leases	9,713	14,862	11,296	10,092	6,532	2,349
Long-Term Unearned Revenue	-	3,697	3,437	3,375	2,598	1,764
Long-Term Deferred Tax Liabilities	118.49	112.69	127.47	212.35	218.19	25.2
Other Long-Term Liabilities	14,876	5,828	5,486	3,267	2,532	1,745
Total Liabilities	111,701	111,709	94,098	87,787	68,617	44,820
Common Stock	4,340	4.34	3.66	3.62	2.92	2.89
Additional Paid-In Capital	-	131,728	118,688	117,717	94,593	92,467
Retained Earnings	-	-128,029	-113,068	-90,758	-69,914	-55,634
Treasury Stock	-	-123.91	-239.33	-1,850	-1,850	-1,850
Comprehensive Income & Other	-	579.8	582.66	432.99	1,036	-276.3
Total Common Equity	4,340	4,159	5,967	25,546	23,868	34,710
Minority Interest	10,154	8,533	7,540	4,050	3,779	3,353
Shareholders' Equity	14,494	12,693	13,507	29,596	27,647	38,063
Total Liabilities & Equity	126,195	124,401	107,605	117,383	96,264	82,884
Total Debt	26,568	31,263	33,823	34,725	23,751	20,158
Net Cash (Debt)	5,198	65.68	19.31	15,261	15,657	32,317
Net Cash Growth	-	240.08%	-99.87%	-2.53%	-51.55%	-1.78%
Net Cash Per Share	2.19	0.03	0.01	8.98	9.56	20.55
Filing Date Shares Outstanding	2,481	2,503	2,243	2,069	1,670	1,652
Total Common Shares Outstanding	2,481	2,474	2,092	2,055	1,662	1,644
Working Capital	736.38	-1,950	-424.98	12,582	13,298	34,443
Book Value Per Share	1.75	1.68	2.85	12.43	14.36	21.12
Tangible Book Value	4,115	3,933	5,735	25,309	23,656	34,511
Tangible Book Value Per Share	1.66	1.59	2.74	12.31	14.23	21.00
Buildings	-	911.45	913.28	912.38	890.58	875.56
Machinery	-	25,584	21,176	17,744	10,347	5,943
Construction In Progress	-	852.92	3,616	2,894	3,114	1,305
Leasehold Improvements	-	6,366	6,125	5,161	3,409	1,876