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NIO Inc. (HKG:9866)
Hong Kong flag Hong Kong · Delayed Price · Currency is HKD
36.72
-1.40 (-3.67%)
Aug 6, 2026, 4:08 PM HKT

NIO Inc. Cash Flow Statement

Millions CNY. Fiscal year is Jan - Dec.

Operating Activities

Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Income
-15,571-22,658-21,147-14,559-10,572
Depreciation & Amortization
9,3757,7014,9073,9942,352
Loss (Gain) From Sale of Assets
-43.3363.62-4.4712.8131.11
Asset Writedown & Restructuring Costs
-55.33-35.01-
Loss (Gain) From Sale of Investments
-213.77438.05-969.13-174.85-105.61
Loss (Gain) on Equity Investments
1,092503.19-64.39-377.78-62.51
Stock-Based Compensation
1,7911,9292,3692,2961,010
Provision & Write-off of Bad Debts
-46.69-3.76-26.3248.7154.33
Other Operating Activities
796.62510.97467.82608.626,592
Change in Accounts Receivable
298.22,986453.38-2,303-1,718
Change in Inventory
-3,115-1,7862,895-6,258-990.55
Change in Accounts Payable
18,2514,7174,87111,6516,260
Change in Income Taxes
36.9253.3261.01-341.59446.98
Change in Other Net Operating Assets
-9,659-2,3584,8051,503-1,331
Operating Cash Flow
2,993-7,849-1,382-3,8661,966
Operating Cash Flow Growth
----0.79%

Investing Activities

Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Capital Expenditures
-6,065-9,142-14,341-6,973-4,079
Sale of Property, Plant & Equipment
113.47231.5273.063.621.13
Investment in Securities
-5,5083,9523,38217,354-35,737
Other Investing Activities
----50
Investing Cash Flow
-11,460-4,958-10,88510,385-39,765

Financing Activities

Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Long-Term Debt Issued
5,6289,21916,1356,91915,673
Total Debt Issued
5,6289,21916,1356,91915,673
Long-Term Debt Repaid
-11,103-10,853-9,521-8,578-2,465
Total Debt Repaid
-11,103-10,853-9,521-8,578-2,465
Net Debt Issued (Repaid)
-5,475-1,6346,614-1,65913,208
Issuance of Common Stock
11,954111.3521,04978.7312,822
Other Financing Activities
365.53,295-0.25-35.88-7,901
Financing Cash Flow
6,8441,77227,663-1,61618,129

Net Cash Flow

Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Foreign Exchange Rate Adjustments
-16.26161.0470.25-121.9-500.96
Net Cash Flow
-1,639-10,87415,4664,781-20,171

Free Cash Flow

Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Free Cash Flow
-3,073-16,991-15,722-10,839-2,112
Free Cash Flow Growth
-----
Free Cash Flow Margin
-3.51%-25.85%-28.27%-22.00%-5.85%
Free Cash Flow Per Share
-1.35-8.27-9.25-6.62-1.34
Levered Free Cash Flow
-1,906-16,316-15,439-851.93-1,644
Unlevered Free Cash Flow
-1,352-15,817-15,187-643.67-1,245

Additional Metrics

Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash Interest Paid
879.67641.9285.48274.35218.83
Cash Income Tax Paid
144.165.3635.9877.196.01
Change in Working Capital
5,8123,61213,0854,2512,668