NIU — Niu Technologies Balance Sheet

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Annual balance sheet for Niu Technologies, fiscal year end - December 31st, CNY millions except per share, conversion factor applied.

	2021 December 31st	2022 December 31st	2023 December 31st	2024 December 31st	2025 December 31st
Period Length:	—	—	—	—	—
Source:	20-F	20-F	20-F	20-F	6-K
Standards:	USG	USG	USG	USG	—
Status:	Final	Final	Final	Final	Final
Cash
Short Term Investments
Cash and Short Term Investments	1,078	903	970	904	1,116
Net Total Accounts Receivable
Net Total Receivables	285	431	238	335	37.4
Total Inventory
Prepaid Expenses
Total Other Current Assets
Total Current Assets	1,896	2,012	1,761	2,170	2,360
Gross Property, Plant And Equipment
Accumulated Depreciation
Net Property, Plant And Equipment	491	484	400	391	496
Net Intangible Assets
Other Long Term Assets
Total Assets	2,441	2,537	2,189	2,613	2,950
Accounts Payable
Accrued Expenses
Notes Payable / Short Term Debt
Total Other Current Liabilities
Total Current Liabilities	1,129	1,193	1,071	1,652	2,003
Total Long Term Debt
Total Debt
Deferred Income Tax
Total Other Liabilities
Total Liabilities	1,177	1,227	1,096	1,682	2,045
Common Stock
Additional Paid In Capital
Retained Earnings (Accumulated Deficit)
Other Equity
Total Equity	1,265	1,310	1,094	931	905
Total Liabilities & Shareholders' Equity	2,441	2,537	2,189	2,613	2,950
Total Common Shares Outstanding