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| | | | S-11 | | | |
| | | | S-12 | | | |
| | | | S-65 | | | |
| | | | S-90 | | | |
| | | | S-93 | | | |
| | | | S-101 | | | |
| | | | S-102 | | | |
| | | | S-103 | | | |
| | | | S-106 | | | |
| | | | S-107 | | | |
| | | | S-117 | | | |
| | | | S-123 | | | |
| | | | S-124 | | | |
| | | | S-125 | | | |
| | | | S-126 | | | |
| | | | F-1 | | |
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January
2020 |
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February
2020 |
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March
2020 |
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April
2020 |
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May
2020 |
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June
2020 |
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ES8s produced for the period
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| | | | 100 | | | | | | — | | | | | | 175 | | | | | | 200 | | | | | | 914 | | | | | | 1,263 | | |
ES8s delivered for the period
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| | | | 105 | | | | | | 36 | | | | | | 54 | | | | | | 248 | | | | | | 751 | | | | | | 1,264 | | |
Cumulative ES8s delivered
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| | | | 20,585 | | | | | | 20,621 | | | | | | 20,675 | | | | | | 20,923 | | | | | | 21,674 | | | | | | 22,938 | | |
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January
2020 |
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February
2020 |
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March
2020 |
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April
2020 |
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May
2020 |
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June
2020 |
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ES6s produced for the period
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| | | | 1,806 | | | | | | 655 | | | | | | 1,442 | | | | | | 2,808 | | | | | | 2,649 | | | | | | 2,755 | | |
ES6s delivered for the period
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| | | | 1,493 | | | | | | 671 | | | | | | 1,479 | | | | | | 2,907 | | | | | | 2,685 | | | | | | 2,476 | | |
Cumulative ES6s delivered
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| | | | 12,926 | | | | | | 13,597 | | | | | | 15,076 | | | | | | 17,983 | | | | | | 20,668 | | | | | | 23,144 | | |
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For the Year Ended December 31,
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For the Six Months Ended June 30,
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2016
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2017
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2018
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2019
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2019
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2020
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RMB
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RMB
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RMB
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RMB
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US$
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RMB
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RMB
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US$
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(in thousands, except for per share data)
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(unaudited)
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(unaudited)
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(unaudited)
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Summary Consolidated Statements of
Comprehensive Loss: |
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Revenues(1) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Vehicle sales
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| | | | — | | | | | | — | | | | | | 4,852,470 | | | | | | 7,367,113 | | | | | | 1,042,747 | | | | | | 2,949,723 | | | | | | 4,741,686 | | | | | | 671,142 | | |
Other sales
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| | | | — | | | | | | — | | | | | | 98,701 | | | | | | 457,791 | | | | | | 64,796 | | | | | | 190,008 | | | | | | 349,196 | | | | | | 49,425 | | |
Total revenues
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| | | | — | | | | | | — | | | | | | 4,951,171 | | | | | | 7,824,904 | | | | | | 1,107,543 | | | | | | 3,139,731 | | | | | | 5,090,882 | | | | | | 720,567 | | |
Cost of sales:(2) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Vehicle sales
|
| | | | — | | | | | | — | | | | | | (4,930,135) | | | | | | (8,096,035) | | | | | | (1,145,919) | | | | | | (3,400,206) | | | | | | (4,497,370) | | | | | | (636,561) | | |
Other sales
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| | | | — | | | | | | — | | | | | | (276,912) | | | | | | (927,691) | | | | | | (131,306) | | | | | | (463,010) | | | | | | (447,850) | | | | | | (63,389) | | |
Total cost of sales
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| | | | — | | | | | | — | | | | | | (5,207,047) | | | | | | (9,023,726) | | | | | | (1,277,225) | | | | | | (3,863,216) | | | | | | (4,945,220) | | | | | | (699,950) | | |
Gross loss
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| | | | — | | | | | | — | | | | | | (255,876) | | | | | | (1,198,822) | | | | | | (169,682) | | | | | | (723,485) | | | | | | 145,662 | | | | | | 20,617 | | |
Operating expenses: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Research and development(2)
|
| | | | (1,465,353) | | | | | | (2,602,889) | | | | | | (3,997,942) | | | | | | (4,428,580) | | | | | | (626,825) | | | | | | (2,378,979) | | | | | | (1,067,544) | | | | | | (151,101) | | |
Selling, general and
administrative |
| | | | (1,137,187) | | | | | | (2,350,707) | | | | | | (5,341,790) | | | | | | (5,451,787) | | | | | | (771,650) | | | | | | (2,741,329) | | | | | | (1,785,134) | | | | | | (252,669) | | |
Other operating loss, net
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| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | (23,255) | | | | | | (3,292) | | |
Total operating expenses
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| | | | (2,602,540) | | | | | | (4,953,596) | | | | | | (9,339,732) | | | | | | (9,880,367) | | | | | | (1,398,475) | | | | | | (5,120,308) | | | | | | (2,875,933) | | | | | | (407,062) | | |
Loss from operations
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| | | | (2,602,540) | | | | | | (4,953,596) | | | | | | (9,595,608) | | | | | | (11,079,189) | | | | | | (1,568,157) | | | | | | (5,843,793) | | | | | | (2,730,271) | | | | | | (386,445) | | |
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For the Year Ended December 31,
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For the Six Months Ended June 30,
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2016
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2017
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2018
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2019
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2019
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2020
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RMB
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RMB
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RMB
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RMB
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US$
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RMB
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RMB
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US$
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(in thousands, except for per share data)
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(unaudited)
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(unaudited)
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(unaudited)
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Interest income
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| | | | 27,556 | | | | | | 18,970 | | | | | | 133,384 | | | | | | 160,279 | | | | | | 22,686 | | | | | | 109,257 | | | | | | 38,233 | | | | | | 5,412 | | |
Interest expenses
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| | | | (55) | | | | | | (18,084) | | | | | | (123,643) | | | | | | (370,536) | | | | | | (52,446) | | | | | | (165,002) | | | | | | (223,413) | | | | | | (31,622) | | |
Shares of losses of equity investee
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| | | | — | | | | | | (5,375) | | | | | | (9,722) | | | | | | (64,478) | | | | | | (9,126) | | | | | | (26,102) | | | | | | (18,423) | | | | | | (2,608) | | |
Investment income
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| | | | 2,670 | | | | | | 3,498 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Other income/(loss), net
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| | | | 3,429 | | | | | | (58,681) | | | | | | (21,346) | | | | | | 66,160 | | | | | | 9,364 | | | | | | 21,276 | | | | | | 68,903 | | | | | | 9,753 | | |
Loss before income tax expenses
|
| | | | (2,568,940) | | | | | | (5,013,268) | | | | | | (9,616,935) | | | | | | (11,287,764) | | | | | | (1,597,679) | | | | | | (5,904,364) | | | | | | (2,864,971) | | | | | | (405,510) | | |
Income tax expenses
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| | | | (4,314) | | | | | | (7,906) | | | | | | (22,044) | | | | | | (7,888) | | | | | | (1,116) | | | | | | (5,020) | | | | | | (3,491) | | | | | | (494) | | |
Net loss
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| | | | (2,573,254) | | | | | | (5,021,174) | | | | | | (9,638,979) | | | | | | (11,295,652) | | | | | | (1,598,795) | | | | | | (5,909,384) | | | | | | (2,868,462) | | | | | | (406,004) | | |
Accretion on convertible redeemable
preferred value |
| | | | (981,233) | | | | | | (2,576,935) | | | | | | (13,667,291) | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Accretion on redeemable non-controlling interests to redemption value
|
| | | | — | | | | | | — | | | | | | (63,297) | | | | | | (126,590) | | | | | | (17,918) | | | | | | (62,775) | | | | | | (63,122) | | | | | | (8,934) | | |
Net loss attributable to non- controlling interests
|
| | | | 36,938 | | | | | | 36,440 | | | | | | 41,705 | | | | | | 9,141 | | | | | | 1,294 | | | | | | 6,474 | | | | | | 900 | | | | | | 127 | | |
Net loss attributable to ordinary shareholders of NIO Inc
|
| | | | (3,517,549) | | | | | | (7,561,669) | | | | | | (23,327,862) | | | | | | (11,413,101) | | | | | | (1,615,419) | | | | | | (5,965,685) | | | | | | (2,930,684) | | | | | | (414,811) | | |
Net loss
|
| | | | (2,573,254) | | | | | | (5,021,174) | | | | | | (9,638,979) | | | | | | (11,295,652) | | | | | | (1,598,795) | | | | | | (5,909,384) | | | | | | (2,868,462) | | | | | | (406,004) | | |
Other comprehensive income/ (loss) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Foreign currency translation adjustments, net of nil tax
|
| | | | 55,493 | | | | | | (124,374) | | | | | | (20,786) | | | | | | (168,340) | | | | | | (23,827) | | | | | | (130,724) | | | | | | (103,065) | | | | | | (14,588) | | |
Total other comprehensive income/ (loss)
|
| | | | 55,493 | | | | | | (124,374) | | | | | | (20,786) | | | | | | (168,340) | | | | | | (23,827) | | | | | | (130,724) | | | | | | (103,065) | | | | | | (14,588) | | |
Total comprehensive loss
|
| | | | (2,517,761) | | | | | | (5,145,548) | | | | | | (9,659,765) | | | | | | (11,463,922) | | | | | | (1,622,622) | | | | | | (6,040,108) | | | | | | (2,971,527) | | | | | | (420,592) | | |
Accretion on convertible redeemable
preferred shares to redemption value |
| | | | (981,233) | | | | | | (2,576,935) | | | | | | (13,667,291) | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Accretion on redeemable non-controlling interests to redemption value
|
| | | | — | | | | | | — | | | | | | (63,297) | | | | | | (126,590) | | | | | | (17,918) | | | | | | (62,775) | | | | | | (63,122) | | | | | | (8,934) | | |
|