Stocktoria
Niu Technologies NIU
Nasdaq · XNAS · stock · Motor Vehicles & Passenger Car Bodies · website · IPO 2018-10-19
Niu Technologies financials (annual, from 10-K)
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $616.0M | $450.5M | $373.5M | $459.4M | $581.3M |
| Gross profit | $120.6M | $68.3M | $80.4M | $97.1M | $127.5M |
| R&D expense | $23.8M | $17.8M | $21.3M | $25.6M | $21.2M |
| Operating income | -$12.6M | -$34.3M | -$44.7M | -$12.9M | $39.6M |
| Interest expense | — | — | $200,556 | $828,724 | $967,863 |
| Income tax | -$3.3M | -$3.2M | -$1.4M | -$3.2M | $7.4M |
| Net income | -$5.6M | -$26.5M | -$38.3M | -$7.2M | $35.4M |
| EPS (diluted) | $-0.04 | $-0.17 | $-0.24 | $-0.05 | $0.22 |
| Operating cash flow | $50.5M | $7.2M | $13.2M | -$17.7M | $52.4M |
| Free cash flow | $25.1M | -$9.2M | $2.1M | -$153.0M | -$233.3M |
| Cash & equivalents | $132.2M | $86.3M | $122.9M | $77.5M | $32.7M |
| Inventory | $93.3M | $88.9M | $55.3M | $60.5M | $42.3M |
| Total assets | $421.9M | $358.0M | $308.4M | $367.8M | $383.1M |
| Total liabilities | $292.5M | $230.4M | $154.3M | $177.8M | $184.6M |
| Shareholders' equity | $129.4M | $127.6M | $154.0M | $189.9M | $198.4M |
Source: SEC EDGAR filings · CIK 0001744781 · as of 2025-12-31. Facts from filings plus Stocktoria's own computed scores — not investment advice.