Quick Answer
Niu Technologies reported Total Revenue of $3.29 billion for fiscal year 2024.
Niu Technologies — Key Financials by Year
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|
| Total Revenue | $3.29B +24.0% |
$2.65B -16.3% |
$3.17B -14.5% |
$3.70B +51.6% |
$2.44B +17.7% |
$2.08B +40.5% |
| Revenue (ASC 606) | $3.29B +24.0% |
$2.65B -16.3% |
$3.17B -14.5% |
$3.70B +51.6% |
$2.44B +17.7% |
$2.08B +40.5% |
| Net Income | -$193.20M +28.9% |
-$271.84M -449.6% |
-$49.46M -121.9% |
$225.82M +33.9% |
$168.65M -11.3% |
$190.08M +154.5% |
| Diluted EPS | -$0.17 +90.2% |
-$1.73 -440.6% |
-$0.32 -122.7% |
$1.41 +31.8% |
$1.07 -13.7% |
$1.24 +123.4% |
| Total Assets | $358.00M -83.6% |
$2.19B -13.7% |
$2.54B +3.9% |
$2.44B +32.2% |
$1.85B +22.2% |
$1.51B +27.5% |
| Cash and Equivalents | $86.31M -90.1% |
$872.57M +63.3% |
$534.29M +156.4% |
$208.37M -8.2% |
$227.00M | — |
| Stockholders Equity | $931.28M -14.8% |
$1.09B -16.5% |
$1.31B +3.6% |
$1.26B +27.3% |
$993.37M +25.5% |
$791.53M +38.8% |
| R&D Expense | $17.83M -88.2% |
$150.99M -14.4% |
$176.48M +30.5% |
$135.22M +28.4% |
$105.34M +56.8% |
$67.19M -26.8% |
| Operating Income | -$250.63M +21.1% |
-$317.52M -255.6% |
-$89.28M -135.4% |
$252.48M +48.0% |
$170.63M -8.6% |
$186.71M +159.4% |
| Gross Profit | $68.33M -88.0% |
$570.75M -14.8% |
$669.68M -17.6% |
$812.78M +45.4% |
$559.15M +14.9% |
$486.55M +145.0% |
| Shares Outstanding | — | — | — | — | — | — |
- Niu Technologies reported Total Revenue of $3.29 billion for fiscal year 2024.
- Niu Technologies showed an increase of +24.0% in Total Revenue compared to the prior fiscal year.
- Niu Technologies reported Revenue (ASC 606) of $3.29 billion for fiscal year 2024.
- Niu Technologies showed an increase of +24.0% in Revenue (ASC 606) compared to the prior fiscal year.
- Niu Technologies reported Net Income of -$193.20 million for fiscal year 2024.
- Niu Technologies showed an increase of +28.9% in Net Income compared to the prior fiscal year.
- Niu Technologies reported Diluted EPS of $0.17 per share (loss) for fiscal year 2024.
- Niu Technologies showed an increase of +90.2% in Diluted EPS compared to the prior fiscal year.
- Niu Technologies reported Total Assets of $358.00 million for fiscal year 2024.
- Niu Technologies showed a decrease of -83.6% in Total Assets compared to the prior fiscal year.
- Niu Technologies reported Cash and Equivalents of $86.31 million for fiscal year 2024.
- Niu Technologies showed a decrease of -90.1% in Cash and Equivalents compared to the prior fiscal year.
- Niu Technologies reported Stockholders Equity of $931.28 million for fiscal year 2024.
- Niu Technologies showed a decrease of -14.8% in Stockholders Equity compared to the prior fiscal year.
- Niu Technologies reported R&D Expense of $17.83 million for fiscal year 2024.
- Niu Technologies showed a decrease of -88.2% in R&D Expense compared to the prior fiscal year.
- Niu Technologies reported Operating Income of -$250.63 million for fiscal year 2024.
- Niu Technologies showed an increase of +21.1% in Operating Income compared to the prior fiscal year.
- Niu Technologies reported Gross Profit of $68.33 million for fiscal year 2024.
- Niu Technologies showed a decrease of -88.0% in Gross Profit compared to the prior fiscal year.
- Niu Technologies reported Shares Outstanding of 64.57 million shares for fiscal year 2017.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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