NIU Holdings Limited (HKG:8619)

NIU Holdings Balance Sheet

Financials in millions HKD. Fiscal year is April - March.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Cash & Equivalents	16.36	40.32	41.16	37.84	39.78
Short-Term Investments	36.89	12.19	8.08	6.72	0.87
Trading Asset Securities	-	-	0.04	0.77	-
Cash & Short-Term Investments	53.25	52.51	49.29	45.32	40.65
Cash Growth	1.40%	6.54%	8.75%	11.48%	20.09%
Accounts Receivable	77.94	62.8	58.22	50.27	40.67
Other Receivables	-	1.07	-	-	-
Receivables	77.94	63.87	58.22	50.27	40.67
Total Current Assets	131.19	116.38	107.51	95.59	81.33
Property, Plant & Equipment	11.66	9.99	13.49	5.77	5.66
Long-Term Investments	96.83	26.63	14.84	18.02	-
Long-Term Deferred Tax Assets	1.5	1.06	1.04	1.09	0.7
Other Long-Term Assets	2.24	0.93	0.93	-	0.8
Total Assets	243.42	154.98	137.81	120.48	88.49
Accounts Payable	1.17	1.5	1.44	1.65	1.5
Accrued Expenses	7.64	7.08	5.47	6.62	4.15
Current Portion of Leases	2.61	3.23	2.92	1.95	2.62
Current Income Taxes Payable	0.19	-	0.41	0.24	0.95
Current Unearned Revenue	26.73	23.56	28.87	17.42	6.42
Total Current Liabilities	38.33	35.36	39.12	27.87	15.64
Long-Term Leases	6.83	3.59	6.38	2.56	2.75
Long-Term Deferred Tax Liabilities	-	0.23	0.35	0.09	-
Total Liabilities	46.1	39.19	45.85	30.53	18.39
Common Stock	13.82	12.32	11.52	11.52	9.6
Additional Paid-In Capital	106.04	90.54	71.42	71.42	48.76
Retained Earnings	76.41	11.9	8.18	6.31	10.96
Comprehensive Income & Other	1.06	1.04	0.84	0.71	0.77
Shareholders' Equity	197.32	115.8	91.96	89.95	70.1
Total Liabilities & Equity	243.42	154.98	137.81	120.48	88.49
Total Debt	9.44	6.82	9.31	4.51	5.37
Net Cash (Debt)	43.81	45.69	39.98	40.81	35.28
Net Cash Growth	-4.13%	14.28%	-2.03%	15.68%	15.10%
Net Cash Per Share	0.32	0.39	0.35	0.37	0.37
Filing Date Shares Outstanding	144.55	138.2	115.2	115.2	96
Total Common Shares Outstanding	138.2	123.2	115.2	115.2	96
Working Capital	92.86	81.02	68.39	67.72	65.69
Book Value Per Share	1.43	0.94	0.80	0.78	0.73
Tangible Book Value	197.32	115.8	91.96	89.95	70.1
Tangible Book Value Per Share	1.43	0.94	0.80	0.78	0.73
Machinery	9.65	9.25	8.88	4.69	3.33
Leasehold Improvements	0.12	0.12	-	-	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.