Stocktoria
Niu Technologies NIU
Niu Technologies financials (annual)
Bars are annual figures from 2017 to 2025; red bars are negative (a loss or cash outflow).
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $616.0M | $450.5M | $373.5M | $459.4M | $581.3M | $374.6M | $298.2M | $214.9M | $769.4M |
| Gross profit | $120.6M | $68.3M | $80.4M | $97.1M | $127.5M | $85.7M | $69.9M | $28.9M | $54.7M |
| R&D expense | $23.8M | $17.8M | $21.3M | $25.6M | $21.2M | $16.1M | $9.7M | $13.4M | $39.5M |
| Operating income | -$12.6M | -$34.3M | -$44.7M | -$12.9M | $39.6M | $26.2M | $26.8M | -$46.2M | -$141.8M |
| Interest expense | — | — | $200,556 | $828,724 | $967,863 | $1.1M | $1.6M | $1.1M | $3.2M |
| Income tax | -$3.3M | -$3.2M | -$1.4M | -$3.2M | $7.4M | $3.2M | $1.2M | $0 | $0 |
| Net income | -$5.6M | -$26.5M | -$38.3M | -$7.2M | $35.4M | $25.8M | $27.3M | -$50.8M | -$184.7M |
| EPS (diluted) | $-0.04 | $-0.17 | $-0.24 | $-0.05 | $0.22 | $0.16 | $0.18 | $-5.30 | $-7.02 |
| Operating cash flow | $50.5M | $7.2M | $13.2M | -$17.7M | $52.4M | $71.4M | $25.7M | $1.1M | $80.1M |
| Free cash flow | $25.1M | -$9.2M | $2.1M | -$153.0M | -$233.3M | — | — | -$3.5M | $56.8M |
| Cash & equivalents | $132.2M | $86.3M | $122.9M | $77.5M | $32.7M | $227.0M | — | — | — |
| Inventory | $93.3M | $88.9M | $55.3M | $60.5M | $42.3M | $21.8M | $25.7M | $20.7M | $88.2M |
| Total assets | $421.9M | $358.0M | $308.4M | $367.8M | $383.1M | $283.0M | $217.0M | $172.4M | $503.6M |
| Total liabilities | $292.5M | $230.4M | $154.3M | $177.8M | $184.6M | $130.8M | $103.3M | $89.4M | $591.0M |
| Shareholders' equity | $129.4M | $127.6M | $154.0M | $189.9M | $198.4M | $152.2M | $113.7M | $83.0M | -$325.2M |
Growth · year-over-year · Revenue CAGR -2.7%
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue growth | +36.7% | +20.6% | -18.7% | -21.0% | +55.2% | +25.6% | +38.8% | -72.1% | — |
| Net income growth | — | — | — | -120.2% | +37.1% | -5.3% | — | — | — |
| EPS growth | — | — | — | -122.7% | +37.5% | -11.1% | — | — | — |
| Free cash flow growth | — | -543.4% | — | — | — | — | — | -106.2% | — |
Each column is the change versus the prior fiscal year. Growth off a negative or zero base is shown as “—”. CAGR is the compound annual revenue growth across the years shown.
Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.