NIUNasdaqMotor Vehicles & Passenger Car BodiesFiscal year ends December 31
Niu Technologies
Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on Apr 17, 2026
$1.86−0.05 (-2.62%)
Close on Oct 19, 2026
Niu Technologies statistics
Financials through Dec 31, 2025, price-based ratios appear once a share price is available, median of Motor Vehicles & Passenger Car Bodies companies for comparison
Valuation
| Measure | Niu Technologies | Industry median |
|---|---|---|
| Market Cap | CN¥973.70M | CN¥56.33B |
| Enterprise Value | CN¥226.30M | CN¥27.88B |
| PS Ratio | 0.23 | 0.72 |
| PB Ratio | 1.08 | 1.94 |
| P/TBV Ratio | 1.08 | 2.26 |
| P/FCF Ratio | 5.55 | |
| P/OCF Ratio | 2.76 |
Enterprise value
| Measure | Niu Technologies | Industry median |
|---|---|---|
| EV / Sales | 0.05 | 0.45 |
| EV / EBITDA | 9.96 | |
| EV / FCF | 1.29 |
Income (trailing twelve months)
| Measure | Niu Technologies | Industry median |
|---|---|---|
| Revenue | CN¥4.31B | CN¥76.72B |
| Gross Profit | CN¥843.57M | CN¥11.92B |
| Operating Income | -CN¥88.25M | -CN¥521.12M |
| Pretax Income | -CN¥62.37M | -CN¥275.57M |
| Net Income | -CN¥39.39M | |
| EBITDA | CN¥22.71M | -CN¥316.71M |
| EPS (Diluted) | -0.25 CNY | -0.60 CNY |
Margins
| Measure | Niu Technologies | Industry median |
|---|---|---|
| Gross Margin | 19.6% | 18.9% |
| Operating Margin | -2.05% | -3.61% |
| Pretax Margin | -1.45% | -1.51% |
| Profit Margin | -0.91% | |
| EBITDA Margin | 0.53% | -3.61% |
| FCF Margin | 4.07% | -3.51% |
Returns
| Measure | Niu Technologies | Industry median |
|---|---|---|
| Return on Equity (ROE) | -4.29% | |
| Return on Assets (ROA) | -1.42% | |
| Return on Invested Capital (ROIC) | -21.2% | |
| Return on Capital Employed (ROCE) | -9.32% | -9.32% |
Growth
| Measure | Niu Technologies | Industry median |
|---|---|---|
| Revenue Growth (YoY) | 31.0% | 31.0% |
| Revenue Growth (3Y CAGR) | 10.8% | 35.4% |
| Revenue Growth (5Y CAGR) | 12.0% | 40.0% |
Balance sheet
| Measure | Niu Technologies | Industry median |
|---|---|---|
| Cash & Short-Term Investments | CN¥987.40M | CN¥17.33B |
| Total Debt | CN¥240.00M | CN¥9.52B |
| Net Cash (Debt) | CN¥747.40M | CN¥4.62B |
| Net Cash Per Share | 4.78 CNY | 4.78 CNY |
| Equity (Book Value) | CN¥904.93M | CN¥4.16B |
| Book Value Per Share | 5.78 CNY | 5.78 CNY |
| Tangible Book Value | CN¥904.16M | CN¥4.13B |
| Working Capital | CN¥356.86M | CN¥767.72M |
Financial position
| Measure | Niu Technologies | Industry median |
|---|---|---|
| Current Ratio | 1.18 | 1.18 |
| Quick Ratio | 0.51 | 0.51 |
| Debt / Equity | 0.27 | 0.27 |
| Debt / EBITDA | 10.57 | |
| Debt / FCF | 1.37 | |
| Net Debt / EBITDA | -32.91 | |
| Interest Coverage | -14.39 | -14.39 |
Cash flow (trailing twelve months)
| Measure | Niu Technologies | Industry median |
|---|---|---|
| Operating Cash Flow | CN¥353.27M | CN¥353.27M |
| Capital Expenditures | -CN¥177.81M | -CN¥3.16B |
| Free Cash Flow | CN¥175.46M | -CN¥327.41M |
| FCF Per Share | 1.12 CNY | -1.09 CNY |
Efficiency
| Measure | Niu Technologies | Industry median |
|---|---|---|
| Asset Turnover | 1.55 | 0.75 |
| Inventory Turnover | 5.32 | 7.81 |
| Revenue Per Employee | CN¥6.42M | CN¥6.42M |
| Profits Per Employee | -CN¥58.70K | |
| Employee Count | 671 | 5,084 |
Dividends and yields
| Measure | Niu Technologies | Industry median |
|---|---|---|
| Earnings Yield | -4.04% | |
| FCF Yield | 18.0% | -5.45% |
Shares
| Measure | Niu Technologies | Industry median |
|---|---|---|
| Shares Outstanding | 156,453,000 | 1,909,760,000 |
| Shares Change (YoY) | 0.79% | 0.79% |
| Float | 83,585,800 | 1,205,580,000 |
| Shares Held by Insiders | 46.6% | 24.1% |
| Shares Held by Institutions | 3.62% | 6.05% |
Taxes
| Measure | Niu Technologies | Industry median |
|---|---|---|
| Income Tax | -CN¥22.98M | CN¥13.59M |
Scores
| Measure | Niu Technologies | Industry median |
|---|---|---|
| Altman Z-Score | 1.27 | 0.88 |
| Piotroski F-Score | 6 | |
| Beneish M-Score | -3.55 |
Calculated by StockData from Niu Technologies's SEC filings. Hover a measure to see its formula. The grey column is the median of companies in the same industry group (two-digit SIC code); green or red marks a better or worse value than that median.