Nio posts IFRS reconciliation showing wider June-half net loss of RMB 1.42 billion vs. U.S. GAAP
NIO•IFRS reconciliation for six months ended June 30, 2026
Nio flagged material U.S. GAAP-to-IFRS differences in interim reporting for the six months ended June 30, 2026.
- IFRS net loss was RMB 1.42 billion versus RMB 860.09 million under U.S. GAAP, driven mainly by redeemable non-controlling interests and convertible notes.
- IFRS requires convertible notes at fair value through profit or loss, with own-credit-risk changes in other comprehensive income or loss.
- Redeemable non-controlling interests shift from U.S. GAAP mezzanine equity to an IFRS financial liability at amortized cost, changing interest expense timing.
- IFRS also reclassifies capped call options as financial assets at fair value through profit or loss, with changes recognized in profit or loss.
