Niu Technologies (NIU)
NASDAQ: NIU · Real-Time Price · USD
1.960
+0.020 (1.03%)
At close: Aug 25, 2026, 4:00 PM EDT
1.925
-0.035 (-1.78%)
Pre-market: Aug 26, 2026, 4:01 AM EDT
Niu Technologies Balance Sheet
Financials in millions CNY. Fiscal year is January - December.
Millions CNY. Fiscal year is Jan - Dec.
Assets
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash & Equivalents | 1,111 | 924.74 | 630.02 | 872.57 | 534.29 | 208.37 |
Short-Term Investments | 365.06 | 190.9 | 274.35 | 97.56 | 369 | 869.31 |
Cash & Short-Term Investments | 1,476 | 1,116 | 904.37 | 970.13 | 903.28 | 1,078 |
Cash Growth | 20.31% | 23.36% | -6.78% | 7.40% | -16.18% | -2.31% |
Accounts Receivable | 25.61 | 37.37 | 131.92 | 94.96 | 299.74 | 268.56 |
Other Receivables | - | 32.55 | 22.54 | 19.62 | 26.82 | 1.59 |
Receivables | 25.61 | 69.92 | 154.46 | 114.57 | 326.56 | 270.14 |
Inventory | 724.01 | 652.58 | 649.18 | 392.79 | 417.01 | 269.64 |
Restricted Cash | 217.95 | 210.86 | 216.4 | 107.67 | 186.34 | 223.97 |
Other Current Assets | 358.52 | 310.98 | 245.4 | 175.46 | 178.87 | 54.47 |
Total Current Assets | 2,802 | 2,360 | 2,170 | 1,761 | 2,012 | 1,896 |
Property, Plant & Equipment | 551.47 | 496.13 | 391.24 | 399.93 | 483.95 | 491.42 |
Long-Term Investments | - | - | - | - | 20 | 35.94 |
Other Intangible Assets | 0.65 | 0.78 | 1.04 | 1.31 | 1.86 | 3.67 |
Long-Term Deferred Tax Assets | 65.91 | 57.46 | 31.75 | 20.75 | 6.13 | 11.91 |
Other Long-Term Assets | 61.69 | 35.99 | 19.32 | 6.73 | 12.68 | 2.37 |
Total Assets | 3,482 | 2,950 | 2,613 | 2,189 | 2,537 | 2,441 |
Liabilities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Accounts Payable | 1,628 | 1,098 | 1,163 | 743.01 | 776.3 | 682.55 |
Accrued Expenses | 502.9 | 177.02 | 73.25 | 55.24 | 69.99 | 88.54 |
Short-Term Debt | 220 | 240 | 200 | 100 | 160 | 180 |
Current Portion of Leases | - | 3.19 | 1.25 | 5.09 | 7.74 | 7.69 |
Current Income Taxes Payable | 0.29 | 2.2 | 1.07 | 1.36 | 1.9 | 17.6 |
Current Unearned Revenue | 363.75 | 257.75 | 86.14 | 61.06 | 62.47 | 50.02 |
Other Current Liabilities | - | 224.6 | 126.86 | 105.17 | 114.36 | 102.68 |
Total Current Liabilities | 2,715 | 2,003 | 1,652 | 1,071 | 1,193 | 1,129 |
Long-Term Leases | 2.56 | 3.96 | 0.09 | 0.28 | 7.57 | 13.92 |
Long-Term Unearned Revenue | 28.42 | 23.32 | 16.89 | 13.17 | 11.43 | 10.69 |
Long-Term Deferred Tax Liabilities | 2.5 | 2.06 | 3.27 | 2.36 | 1.4 | 1.99 |
Other Long-Term Liabilities | 15.04 | 12.94 | 9.7 | 8.97 | 13.44 | 20.97 |
Total Liabilities | 2,763 | 2,045 | 1,682 | 1,096 | 1,227 | 1,177 |
Shareholders' Equity
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Common Stock | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 |
Additional Paid-In Capital | 2,026 | 2,017 | 1,989 | 1,964 | 1,916 | 1,855 |
Retained Earnings | -1,290 | -1,094 | -1,054 | -861.13 | -589.29 | -539.83 |
Comprehensive Income & Other | -18.56 | -17.99 | -3.13 | -9.5 | -16.54 | -51.12 |
Total Common Equity | 718.15 | 904.93 | 931.28 | 1,094 | 1,310 | 1,265 |
Shareholders' Equity | 718.15 | 904.93 | 931.28 | 1,094 | 1,310 | 1,265 |
Total Liabilities & Equity | 3,482 | 2,950 | 2,613 | 2,189 | 2,537 | 2,441 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Total Debt | 222.56 | 247.14 | 201.34 | 105.37 | 175.31 | 201.61 |
Net Cash (Debt) | 1,253 | 868.49 | 703.03 | 864.75 | 727.97 | 876.08 |
Net Cash Growth | 25.14% | 23.54% | -18.70% | 18.79% | -16.91% | -5.10% |
Net Cash Per Share | 15.57 | 10.88 | 8.87 | 11.03 | 9.38 | 10.92 |
Filing Date Shares Outstanding | 81.1 | 78.44 | 77.96 | 77.6 | 77.14 | 76.92 |
Total Common Shares Outstanding | 81.1 | 78.23 | 77.92 | 77.56 | 77.13 | 76.84 |
Working Capital | 86.95 | 356.85 | 517.87 | 689.68 | 819.31 | 766.83 |
Book Value Per Share | 8.86 | 11.57 | 11.95 | 14.10 | 16.99 | 16.46 |
Tangible Book Value | 717.5 | 904.15 | 930.24 | 1,092 | 1,308 | 1,261 |
Tangible Book Value Per Share | 8.85 | 11.56 | 11.94 | 14.08 | 16.96 | 16.41 |
Buildings | - | 154.58 | 152.38 | 149.47 | 148.45 | 138.37 |
Machinery | - | 829.55 | 670.7 | 586.72 | 552.03 | 448.43 |
Leasehold Improvements | - | 11.52 | 10.88 | 10.79 | 10.78 | 10.75 |