Niu Technologies (NIU)

USD 1.73

(-3.89%)

Annual Income Statements

(In CNY)
Breakdown 2023 2022 2021 2020 2019 2018
Revenue 2.65 Billion 3.16 Billion 3.7 Billion 2.44 Billion 2.07 Billion 1.47 Billion
Cost of Revenue 2.08 Billion 2.49 Billion 2.89 Billion 1.88 Billion 1.58 Billion 1.27 Billion
Gross Profit 570.74 Million 669.68 Million 812.77 Million 559.14 Million 486.55 Million 198.62 Million
Operating Expenses 888.27 Million 758.96 Million 560.29 Million 388.51 Million 299.84 Million 514.67 Million
Selling, General and Administrative Expenses 600.8 Million 598.86 Million 473.8 Million 305.62 Million 262.48 Million 424.26 Million
Research and Development Expenses 150.98 Million 176.47 Million 135.21 Million 105.33 Million 67.18 Million 91.81 Million
Other Expenses 136.47 Million -16.38 Million -48.72 Million -22.44 Million -29.83 Million -34.49 Million
Cost and Expenses 2.96 Billion 3.25 Billion 3.45 Billion 2.27 Billion 1.88 Billion 1.79 Billion
Operating Income -317.52 Million -89.28 Million 162.38 Million 129.18 Million 186.7 Million -317.44 Million
Interest Expense 1.42 Million 5.71 Million 6.16 Million 7.38 Million 11.39 Million 7.72 Million
Income Tax Expense -10.19 Million -21.75 Million 47.03 Million 21.08 Million 8.21 Million -23.85 Million
Earnings before Tax -282.02 Million -71.21 Million 272.85 Million 189.73 Million 198.29 Million -349.02 Million
Net Income -271.83 Million -49.46 Million 225.82 Million 168.65 Million 190.08 Million -349.02 Million
Earnings Per Share Basic -3.47 -0.66 2.94 2.24 2.55 -10.60
Earnings Per Share Diluted -3.47 -0.66 2.82 2.14 2.48 -10.60
Weighted Average Shares Outstanding 78.4 Million 75.44 Million 76.83 Million 75.44 Million 74.51 Million 32.91 Million
Weighted Average Shares Outstanding (Diluted) 78.4 Million 75.44 Million 80.23 Million 78.91 Million 76.62 Million 32.91 Million
Gross Margin 0.22 0.21 0.22 0.23 0.23 0.13
EBIT Margin -0.05 -0.02 0.07 0.07 0.10 -0.24
Profit Margin -0.10 -0.02 0.06 0.07 0.09 -0.24
EBITDA -132.54 Million 53.42 Million 374.49 Million 247.35 Million 203.6 Million -295.52 Million
Earnings Before Tax Margin -0.12 -0.03 0.04 0.05 0.09 -0.21

Income Statement Charts