NIU Holdings Balance Sheet

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

Millions HKD. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Cash & Equivalents	20.91	16.36	40.32	41.16	37.84
Short-Term Investments	28.48	36.89	12.19	8.08	6.72
Trading Asset Securities	-	-	-	0.04	0.77
Cash & Short-Term Investments	49.38	53.25	52.51	49.29	45.32
Cash Growth	-7.25%	1.40%	6.54%	8.75%	11.48%
Accounts Receivable	58.39	77.94	62.8	58.22	50.27
Other Receivables	-	-	1.07	-	-
Receivables	58.39	77.94	63.87	58.22	50.27
Total Current Assets	107.77	131.19	116.38	107.51	95.59
Property, Plant & Equipment	-	11.66	9.99	13.49	5.77
Long-Term Investments	25.83	96.83	26.63	14.84	18.02
Long-Term Deferred Tax Assets	-	1.5	1.06	1.04	1.09
Other Long-Term Assets	0.85	2.24	0.93	0.93	-
Total Assets	134.46	243.42	154.98	137.81	120.48
Accounts Payable	1.21	1.17	1.5	1.44	1.65
Accrued Expenses	23.97	7.64	7.08	5.47	6.62
Current Portion of Leases	3.22	2.61	3.23	2.92	1.95
Current Income Taxes Payable	0.06	0.19	-	0.41	0.24
Current Unearned Revenue	29.17	26.73	23.56	28.87	17.42
Other Current Liabilities	3.5	-	-	-	-
Total Current Liabilities	61.13	38.33	35.36	39.12	27.87
Long-Term Debt	3.3	-	-	-	-
Long-Term Leases	4.87	6.83	3.59	6.38	2.56
Pension & Post-Retirement Benefits	1.22	0.94	-	-	-
Long-Term Deferred Tax Liabilities	-	-	0.23	0.35	0.09
Total Liabilities	70.52	46.1	39.19	45.85	30.53
Common Stock	14.46	13.82	12.32	11.52	11.52
Additional Paid-In Capital	-	106.04	90.54	71.42	71.42
Retained Earnings	-	76.41	11.9	8.18	6.31
Comprehensive Income & Other	47	1.06	1.04	0.84	0.71
Total Common Equity	61.46	197.32	115.8	91.96	89.95
Minority Interest	2.49	-	-	-	-
Shareholders' Equity	63.94	197.32	115.8	91.96	89.95
Total Liabilities & Equity	134.46	243.42	154.98	137.81	120.48
Total Debt	11.39	9.44	6.82	9.31	4.51
Net Cash (Debt)	38	43.81	45.69	39.98	40.81
Net Cash Growth	-13.26%	-4.13%	14.28%	-2.03%	15.68%
Net Cash Per Share	0.23	0.32	0.39	0.35	0.37
Filing Date Shares Outstanding	144.55	144.55	138.2	115.2	115.2
Total Common Shares Outstanding	144.55	138.2	123.2	115.2	115.2
Working Capital	46.64	92.86	81.02	68.39	67.72
Book Value Per Share	0.43	1.43	0.94	0.80	0.78
Tangible Book Value	61.46	197.32	115.8	91.96	89.95
Tangible Book Value Per Share	0.43	1.43	0.94	0.80	0.78
Machinery	-	9.65	9.25	8.88	4.69
Leasehold Improvements	-	0.12	0.12	-	-