Niu Technologies (NIU)
NASDAQ: NIU · Real-Time Price · USD
1.960
+0.020 (1.03%)
Aug 25, 2026, 4:00 PM EDT - Market closed

Niu Technologies Financials Overview

Millions CNY. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
4,7204,3083,2882,6523,1693,705
Revenue Growth
24.84%31.01%24.00%-16.31%-14.47%51.56%
Gross Profit
861.91843.57498.76570.75669.68812.78
Operating Income
-243.72-88.25-250.63-317.52-89.28252.48
Net Income
-202.57-39.39-193.2-271.84-49.46225.82
Earnings Per Share
-2.52-0.50-2.44-3.47-0.642.82
EPS Growth
-----31.78%

Revenue by Geography

Fiscal YearFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingDec '25 Dec '24 Dec '23 Dec '22 Dec '21
China
4,0032,8452,2482,5843,159
Europe
177.78172.2151.52343.16430.2
Others
126.69270.93252.64241.6115.37
Total
4,3083,2882,6523,1693,705

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
1,4761,116904.37970.13903.281,078
Total Debt
222.56247.14201.34105.37175.31201.61
Net Cash (Debt)
1,253868.49703.03864.75727.97876.08
Net Cash Growth
25.14%23.54%-18.70%18.79%-16.91%-5.10%
Net Cash Per Share
15.5710.888.8711.039.3810.92

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
-353.2752.2993.74-121.86334.17
Capital Expenditures
--177.81-119.75-78.93-135.35-285.75
Free Cash Flow
-175.46-67.4614.8-257.2148.43
Free Cash Flow Growth
------86.31%

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
18.26%19.58%15.17%21.52%21.14%21.94%
Operating Margin
-5.16%-2.05%-7.62%-11.97%-2.82%6.82%
Pretax Margin
-4.62%-1.45%-6.59%-10.64%-2.25%7.37%
Profit Margin
-4.29%-0.91%-5.88%-10.25%-1.56%6.10%
FCF Margin
-4.07%-2.05%0.56%-8.12%1.31%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
-----34.57
Forward PE
-16.0323.354.9411.1418.61
P/FCF Ratio
5.899.42-81.36-161.18
PS Ratio
0.220.380.310.450.882.11