Niu Technologies
Income Statement

Last updated:

Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Niu Technologies's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 16% to $2,651,757,646. Profit margin reached -10%. Total operating expenses were $888,270,515.

Profit Margin

Niu Technologies (NASDAQ:NIU): Profit margin
2016 354.81M -232.72M -65.59%
2017 769.36M -184.66M -24%
2018 1.47B -349.02M -23.62%
2019 2.07B 190.08M 9.16%
2020 2.44B 168.65M 6.9%
2021 3.70B 225.82M 6.1%
2022 3.16B -49.46M -1.56%
2023 2.65B -271.83M -10.25%

NIU Income Statement (2016 – 2023)

2023 2022 2021 2020 2019 2018 2017 2016
Revenue
Revenue
2.65B3.16B3.70B2.44B2.07B1.47B769.36M354.81M
Cost of revenue
2.08B2.49B2.89B1.88B1.58B1.27B714.66M367.58M
Gross profit
570.74M669.68M812.77M559.14M486.55M198.62M54.69M-12.77M
Operating exp.
Research and development
150.98M176.47M135.21M105.33M67.18M91.81M39.49M33.08M
Selling and marketing
495.73M440.40M332.00M200.76M182.87M150.15M83.06M89.75M
Total operating expenses
888.27M758.96M560.29M388.51M299.84M514.67M198.13M212.37M
Operating income
-317.52M-89.28M162.38M129.18M186.70M-317.44M-144.27M-226.46M
Other income (expenses), net
35.49M18.06M110.47M19.10M11.59M-28.25M-40.39M-5.90M
Income before tax
-282.02M-71.21M272.85M189.73M198.29M-349.02M-184.66M-232.72M
Income tax expense
-10.19M-21.75M47.03M21.08M8.21M-23.85M-39.85M2.32M
Net income
-271.83M-49.46M225.82M168.65M190.08M-349.02M-184.66M-232.72M
Earnings per share
Basic EPS
-3.47-0.662.942.242.55-10.6-2.48-3.13
Diluted EPS
-3.47-0.662.822.142.48-10.6-2.48-3.13
Data sourceData sourceData sourceData sourceData sourceData source