Security
Niu Technologies American Depositary Shares · NIU
NIUNASDAQotherCurrentCIK 1744781Updated Oct 6, 2026
NIU price & chart
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NASDAQ:NIU on TradingView ↗About the company
As the world’s leading provider of smart urban mobility solutions, NIU designs, manufactures and sells high-performance electric motorcycles, mopeds, bicycles, as well as kick-scooters and e-bikes. NIU has a diversified product portfolio that caters to the various demands of our users and addresses different urban travel scenarios. Currently, NIU offers two model lineups, comprising a number of different vehicle types. These include (i) the electric motorcycle, moped and bicycle series, including the NQi, MQi, UQi, FQi series and others, and (ii) the micro-mobility series, including the kick-scooter series KQi and the e-bike series BQi. NIU has adopted an omnichannel retail model, integrating the offline and online channels, to sell its products and provide services to users.
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Recent filings
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 421,892,493Source | 358,001,202Source | 308,360,914Source | 367,786,617Source |
| Property, Plant and Equipment, NetUSD | 60,083,945Source | 43,841,688Source | 45,509,425Source | 57,611,320Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 132,235,794Source | 86,312,565Source | 122,899,401Source | 77,464,311Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 5,344,131Source | 18,073,160Source | 13,374,297Source | 43,458,639Source |
| Inventory, NetUSD | 93,317,649Source | 88,936,983Source | 55,323,334Source | 60,460,643Source |
| Assets, CurrentUSD | 337,473,690Source | 297,262,269Source | 247,977,323Source | 291,722,878Source |
| Prepaid Expense and Other Assets, CurrentUSD | 49,125,076Source | 36,707,402Source | 27,475,335Source | 29,823,076Source |
| Operating Lease, Right-of-Use AssetUSD | 10,861,310Source | 9,757,559Source | 10,820,052Source | 12,555,402Source |
| Other Assets, NoncurrentUSD | 5,146,232Source | 2,646,645Source | 947,954Source | 1,838,875Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 292,489,037Source | 230,416,061Source | 154,328,289Source | 177,840,279Source |
| Stockholders’ equity: | ||||
| Additional Paid in CapitalUSD | 288,360,485Source | 272,442,311Source | 276,643,103Source | 277,768,608Source |
| Retained Earnings (Accumulated Deficit)USD | -156,398,883Source | -144,442,267Source | -121,287,174Source | -85,439,138Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -2,572,632Source | -428,721Source | -1,337,438Source | -2,397,594Source |
| Stockholders' Equity Attributable to ParentUSD | 129,403,456Source | 127,585,141Source | 154,032,625Source | 189,946,338Source |
| Liabilities and EquityUSD | 421,892,493Source | 358,001,202Source | 308,360,914Source | 367,786,617Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 286,444,152Source | 226,313,728Source | 150,838,164Source | 172,934,189Source |
| Operating Lease, Liability, CurrentCNY | 3,187,599Source | 1,253,020Source | 5,094,066Source | 7,743,648Source |
| Accounts Payable, CurrentUSD | 100,683,400Source | 119,054,586Source | 81,089,070Source | 66,616,444Source |
| Operating Lease, Liability, NoncurrentUSD | 565,772Source | 12,329Source | 39,496Source | 1,097,420Source |
| Deferred Income Tax Liabilities, NetUSD | 294,275Source | 447,915Source | 332,750Source | 202,731Source |
| Other Liabilities, NoncurrentUSD | 1,850,669Source | 1,328,599Source | 1,263,189Source | 1,948,817Source |
| Additional Financial Items | ||||
| Deferred Tax Liabilities, NetCNY | 2,057,892Source | 3,269,464Source | 2,362,494Source | 1,398,279Source |
| Short-term InvestmentsUSD | 8,960,429Source | — | — | — |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | -5,632,064Source | -26,468,379Source | -38,287,297Source | -7,171,450Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 15,866,825Source | 16,733,845Source | 20,854,485Source | 20,691,209Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 3,965,537Source | 3,319,904Source | 6,712,673Source | 8,440,989Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | -14,490,482Source | 6,149,835Source | -9,207,353Source | 8,140,386Source |
| Increase (Decrease) in InventoriesUSD | 12,793,808Source | 39,483,397Source | -370,081Source | 22,633,455Source |
| Increase (Decrease) in Accounts PayableUSD | -9,284,280Source | 57,954,861Source | -4,690,638Source | 13,592,182Source |
| Deferred Income Tax Expense (Benefit)USD | -3,461,472Source | -3,190,262Source | -1,542,600Source | -881,449Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 50,516,940Source | 7,163,238Source | 13,202,312Source | -17,667,508Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -12,955,725Source | -40,062,588Source | 30,466,726Source | 57,688,903Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 25,426,261Source | 16,405,565Source | 11,117,701Source | — |
| Cash flows from financing activities: | ||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 5,743,460Source | 13,736,569Source | -8,358,706Source | -2,580,310Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | 41,352,910Source | -18,333,688Source | 36,565,730Source | 41,796,992Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 162,388,945Source | 115,958,668Source | 138,063,944Source | 104,481,118Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 843,808Source | 748,017Source | 227,645Source | 828,025Source |
| Income Taxes Paid, NetUSD | 12,860Source | 19,497Source | 150,169Source | 1,939,180Source |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseCNY | 27,731,397Source | 24,232,978Source | 47,659,304Source | 58,219,186Source |
| Amortization of Intangible AssetsCNY | — | — | 557,419Source | 1,940,307Source |
| DepreciationCNY | 110,693,354Source | 121,880,535Source | 147,507,340Source | 140,771,102Source |
| Foreign Currency Transaction Gain (Loss), UnrealizedUSD | 582,887Source | 269,279Source | 641,917Source | 1,088,570Source |
| Gain (Loss) on InvestmentsUSD | 792,755Source | 323,181Source | 200,900Source | 1,582,923Source |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | -329,639Source | -64,444Source | -3,109Source | -69,370Source |
| General and Administrative ExpenseUSD | 13,007,539Source | 17,894,542Source | 34,439,755Source | 22,974,651Source |
| Impairment of Intangible Assets, Finite-livedCNY | 0Source | 0Source | 0Source | 0Source |
| Income Tax Expense (Benefit)USD | -3,286,610Source | -3,234,084Source | -1,435,638Source | -3,154,460Source |
| InterestExpenseNonoperatingUSD | 876,641Source | 770,422Source | — | — |
| Inventory Write-downUSD | 12,756,069Source | 4,113,852Source | 3,053,797Source | 1,303,687Source |
| Investment Income, InterestUSD | 3,784,375Source | 5,081,239Source | 4,998,970Source | 1,864,556Source |
| Net Income (Loss) Attributable to ParentUSD | -5,632,064Source | -26,468,379Source | -38,287,297Source | -7,171,450Source |
| Operating ExpensesUSD | 133,443,623Source | 102,791,594Source | 125,528,423Source | 112,414,875Source |
| Operating Lease, Impairment LossUSD | 711,492Source | 923,737Source | 1,169,502Source | 1,236,088Source |
| Proceeds from Stock Options ExercisedUSD | 23,536Source | 36,625Source | 92,117Source | 319,417Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 616,016,573Source | 450,494,752Source | 373,492,253Source | 459,403,430Source |
| Cost of Goods and Services Sold | — | — | — | — |
| Operating Income (Loss)USD | -12,619,163Source | -34,336,461Source | -44,722,249Source | -12,944,665Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -8,918,674Source | -29,702,463Source | -39,722,935Source | -10,325,910Source |
| Income Tax Expense (Benefit)USD | -3,286,610Source | -3,234,084Source | -1,435,638Source | -3,154,460Source |
| Net Income (Loss) Attributable to ParentUSD | -5,632,064Source | -26,468,379Source | -38,287,297Source | -7,171,450Source |
| Earnings Per Share, BasicUSD per share | -0.04Source | -0.17Source | -0.24Source | -0.05Source |
| Earnings Per Share, DilutedUSD per share | -0.04Source | -0.17Source | -0.24Source | -0.05Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 159,714,698Source | 158,460,242Source | 156,816,105Source | 155,176,922Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 159,714,698Source | 158,460,242Source | 156,816,105Source | 155,176,922Source |
| Interest Expense (non-operating)USD | 876,641Source | 770,422Source | — | — |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsCNY | — | — | 557,419Source | 1,940,307Source |
| Current Income Tax Expense (Benefit)CNY | 1,222,831Source | -319,872Source | 759,425Source | -15,677,411Source |
| Gain (Loss) on InvestmentsUSD | 792,755Source | 323,181Source | 200,900Source | 1,582,923Source |
| General and Administrative ExpenseUSD | 13,007,539Source | 17,894,542Source | 34,439,755Source | 22,974,651Source |
| Gross ProfitUSD | 120,629,032Source | 68,330,250Source | 80,388,036Source | 97,094,603Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticCNY | -34,306,330Source | — | — | — |
| Interest ExpenseUSD | — | — | 200,556Source | 828,724Source |
| Investment Income, InterestUSD | 3,784,375Source | 5,081,239Source | 4,998,970Source | 1,864,556Source |
| Operating ExpensesUSD | 133,443,623Source | 102,791,594Source | 125,528,423Source | 112,414,875Source |
| Research and Development ExpenseUSD | 23,802,360Source | 17,825,183Source | 21,265,897Source | 25,586,924Source |
| Selling and Marketing ExpenseUSD | 96,633,724Source | 67,071,869Source | 69,822,771Source | 63,853,300Source |
Filing attachments
tm2627022d1_ex99-1.htm · 6-K · 2026-10-05
Exhibit 99.1 Niu Technologies Provides Third Quarter 2026 Sales Volume Update BEIJING, China, October 5, 2026 - Niu Technologies (“NIU” or “the Company”) (NASDAQ: NIU), the world’s leading provider of smart urban mobility solutions, today provided its sales volume results for the third quarter of 2026. 3Q 2026 3Q 2025 YTD 2026 YTD 2025 ───────────────────────────────────────────────────────────────────────────────── China Market 4…
Read attachment ↗tm2622687d1_ex99-1.htm · 6-K · 2026-08-10
Exhibit 99.1 Niu Technologies Announces Unaudited Second Quarter 2026 Financial Results -- Second Quarter Revenues of RMB 1,440.4 million, up 14.7% year over year -- Second Quarter Net Loss of RMB 102.2 million, compared with Net Income of RMB 5.9 million in the same period of 2025 BEIJING, China, August 10, 2026 - Niu Technologies (“NIU” or the “Company”) (NASDAQ: NIU), the world’s leading provider of smart urban mobility solutions, today announced its unaudited financial results for the se…
Read attachment ↗tm2619739d1_ex99-1.htm · 6-K · 2026-07-06
Exhibit 99.1 Niu Technologies Provides Second Quarter 2026 Sales Volume Update BEIJING, China, July 3, 2026 - Niu Technologies (“NIU” or “the Company”) (NASDAQ: NIU), the world’s leading provider of smart urban mobility solutions, today provided its sales volume results for the second quarter of 2026. 2Q 2026 2Q 2025 1H 2026 1H 2025 ───────────────────────────────────────────────────────────────────────────── China Market 402,202 …
Read attachment ↗tm2614927d1_ex99-1.htm · 6-K · 2026-05-18
Exhibit 99.1 Niu Technologies Announces Unaudited First Quarter 2026 Financial Results -- First Quarter Revenues of RMB 909.5 million, up 33.4% year over year -- First Quarter Net Loss of RMB 93.9 million, compared with RMB 38.8 million in the same period of 2025 BEIJING, China, May 18, 2026 - Niu Technologies (“NIU” or “the Company”) (NASDAQ: NIU), the world’s leading provider of smart urban mobility solutions, today announced its unaudited financial results for the first quarter ended Marc…
Read attachment ↗tm2611184d1_ex99-1.htm · 6-K · 2026-04-06
Exhibit 99.1 Niu Technologies Provides First Quarter 2026 Sales Volume Update BEIJING, China, April 06, 2026 - Niu Technologies (“NIU” or “the Company”) (NASDAQ: NIU), the world’s leading provider of smart urban mobility solutions, today provided its sales volume results for the first quarter of 2026. 1Q 2026 1Q 2025 YoY% ───────────────────────────────────────────────────────────── China Market 247,938 183,065 35% Internati…
Read attachment ↗tm269229d1_ex99-1.htm · 6-K · 2026-03-18
Exhibit 99.1 Niu Technologies Announces Unaudited Fourth Quarter and Full Year 2025 Financial Results -- Fourth Quarter Revenues of RMB 676.2 million, down 17.4% year over year -- Fourth Quarter Net Loss of RMB 88.1 million, compared with RMB 72.5 million in the same period of 2024 -- Full Year Revenues of RMB 4,307.9 million, up 31.0% year over year -- Full Year Net Loss of RMB 39.4 million, compared with RMB 193.2 million in 2024 BEIJING, China, March 16, 2026 - Niu Technologies (“NIU” o…
Read attachment ↗