Niu Technologies (NIU)
NASDAQ: NIU · Real-Time Price · USD
2.450
-0.050 (-2.00%)
Aug 5, 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 EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
3,2804,3083,2882,6523,1693,705
Revenue Growth
-5.36%31.01%24.00%-16.31%-14.47%51.56%
Gross Profit
884.04843.57498.76570.75669.68812.78
Operating Income
-43.47-88.25-250.63-317.52-89.28252.48
Net Income
-94.46-39.39-193.2-271.84-49.46225.82
Earnings Per Share
-1.20-0.50-2.44-3.46-0.642.82
EPS Growth
-----31.78%

Revenue by Geography

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
China
4,2314,0032,8452,2482,5843,159
Europe
-177.78172.2151.52343.16430.2
Others
-126.69270.93252.64241.6115.37
Total
4,5354,3083,2882,6523,1693,705

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
1,3741,3261,1211,0781,0901,302
Total Debt
232.68243.96200.09100.28167.57193.92
Net Cash (Debt)
1,1421,083920.68977.52922.051,108
Net Cash Growth
54.82%17.58%-5.81%6.02%-16.76%1.48%
Net Cash Per Share
14.0113.5611.6212.4711.8813.81

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingDec '25 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
353.27353.2752.2993.74-121.86334.17
Capital Expenditures
-177.81-177.81-119.75-78.93-135.35-285.75
Free Cash Flow
175.46175.46-67.4614.8-257.2148.43
Free Cash Flow Growth
262.30%-----86.31%

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
26.95%19.58%15.17%21.52%21.13%21.94%
Operating Margin
-1.33%-2.05%-7.62%-11.97%-2.82%6.82%
Pretax Margin
-3.71%-1.45%-6.59%-10.64%-2.25%7.37%
Profit Margin
-2.88%-0.91%-5.88%-10.25%-1.56%6.10%
FCF Margin
0.00%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
-----36.31
Forward PE
26.3016.0323.354.9411.1418.61
P/FCF Ratio
7.399.45-162.47-324.93
PS Ratio
0.290.380.310.911.764.25