Niu Technologies (0O9) - Net Assets
Based on the latest financial reports, Niu Technologies (0O9) has net assets worth €904.93 Million EUR (≈ $1.06 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€2.95 Billion ≈ $3.45 Billion USD) and total liabilities (€2.05 Billion ≈ $2.39 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check how tangible is Niu Technologies's equity to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €904.93 Million |
| % of Total Assets | 30.67% |
| Annual Growth Rate | N/A |
| 5-Year Change | -28.44% |
| 10-Year Change | N/A |
| Growth Volatility | 20.29 |
Niu Technologies - Net Assets Trend (2016–2025)
This chart illustrates how Niu Technologies's net assets have evolved over time, based on quarterly financial data. See Niu Technologies (0O9) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Niu Technologies (2016–2025)
The table below shows the annual net assets of Niu Technologies from 2016 to 2025. For live valuation and market cap data, see market value of Niu Technologies.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €904.93 Million ≈ $1.06 Billion |
-2.83% |
| 2024-12-31 | €931.28 Million ≈ $1.09 Billion |
-14.84% |
| 2023-12-31 | €1.09 Billion ≈ $1.28 Billion |
-16.52% |
| 2022-12-31 | €1.31 Billion ≈ $1.53 Billion |
+3.60% |
| 2021-12-31 | €1.26 Billion ≈ $1.48 Billion |
+27.30% |
| 2020-12-31 | €993.37 Million ≈ $1.16 Billion |
+25.50% |
| 2019-12-31 | €791.53 Million ≈ $925.38 Million |
+38.77% |
| 2018-12-31 | €570.41 Million ≈ $666.87 Million |
+275.38% |
| 2017-12-31 | €-325.24 Million ≈ $-380.23 Million |
-52.55% |
| 2016-12-31 | €-213.19 Million ≈ $-249.25 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Niu Technologies's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 50721990800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €2.00 Billion | 220.86% |
| Total Equity | €904.93 Million | 100.00% |
Niu Technologies Competitors by Market Cap
The table below lists competitors of Niu Technologies ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Black Spade Acquisition II Co
NASDAQ:BSII
|
$153.61 Million |
|
Uniplus Electronics Co Ltd
TWO:5381
|
$153.61 Million |
|
Wasko S.A.
WAR:WAS
|
$153.65 Million |
|
Steel Pipe Industry Of Indonesia
JK:ISSP
|
$153.71 Million |
|
CI Games SA
WAR:CIG
|
$153.57 Million |
|
SAB Finance as
PR:SABFG
|
$153.56 Million |
|
Ge Shen Corporation Bhd
KLSE:7197
|
$153.51 Million |
|
eGalax_eMPIA Technology
TWO:3556
|
$153.33 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Niu Technologies's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 931,282,220 to 904,931,304, a change of -26,350,916 (-2.8%).
- Net loss of 39,385,588 reduced equity.
- Other factors increased equity by 13,034,672.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-39.39 Million | -4.35% |
| Other Changes | €13.03 Million | +1.44% |
| Total Change | €- | -2.83% |
Book Value vs Market Value Analysis
This analysis compares Niu Technologies's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.32x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €-2.15 | €1.86 | x |
| 2018-12-31 | €3.84 | €1.86 | x |
| 2019-12-31 | €5.30 | €1.86 | x |
| 2020-12-31 | €6.52 | €1.86 | x |
| 2021-12-31 | €8.23 | €1.86 | x |
| 2022-12-31 | €8.49 | €1.86 | x |
| 2023-12-31 | €7.05 | €1.86 | x |
| 2024-12-31 | €5.98 | €1.86 | x |
| 2025-12-31 | €5.78 | €1.86 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Niu Technologies utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -4.35%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.91%
- • Asset Turnover: 1.46x
- • Equity Multiplier: 3.26x
- Recent ROE (-4.35%) is above the historical average (-5.61%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 0.00% | -65.59% | 0.91x | 0.00x | €-211.40 Million |
| 2017 | 0.00% | -24.00% | 1.53x | 0.00x | €-152.14 Million |
| 2018 | -61.19% | -23.62% | 1.25x | 2.08x | €-406.07 Million |
| 2019 | 24.01% | 9.16% | 1.37x | 1.91x | €110.93 Million |
| 2020 | 16.98% | 6.90% | 1.32x | 1.86x | €69.32 Million |
| 2021 | 17.86% | 6.10% | 1.52x | 1.93x | €99.36 Million |
| 2022 | -3.78% | -1.56% | 1.25x | 1.94x | €-180.47 Million |
| 2023 | -24.86% | -10.25% | 1.21x | 2.00x | €-381.20 Million |
| 2024 | -20.75% | -5.88% | 1.26x | 2.81x | €-286.33 Million |
| 2025 | -4.35% | -0.91% | 1.46x | 3.26x | €-129.88 Million |
Industry Comparison
This section compares Niu Technologies's net assets metrics with peer companies in the Auto Manufacturers industry.
Industry Context
- Industry: Auto Manufacturers
- Average net assets among peers: $48,543,563,427
- Average return on equity (ROE) among peers: 0.82%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Niu Technologies (0O9) | €904.93 Million | 0.00% | 2.26x | $153.60 Million |
| Guangzhou Automobile Group Co. Ltd (02G) | $77.92 Billion | 13.99% | 0.70x | $836.75 Million |
| BAIC Motor Corp Ltd (2B5) | $59.64 Billion | 3.78% | 1.81x | $311.20 Million |
| XPENG INC. CL.A DL-00001 (8XP) | $30.37 Billion | -3.75% | 2.40x | $10.71 Billion |
| XPENG INC. SP.ADS/2 CL.A (8XPA) | $36.91 Billion | -24.76% | 0.94x | $11.47 Billion |
| ASTON MART.LA.UADR LS-001 (A5S0) | $611.40 Million | -31.34% | 3.65x | $390.66 Million |
| Bayerische Motoren Werke Aktiengesellschaft (BMW) | $42.76 Billion | 14.89% | 3.03x | $40.46 Billion |
| Bayerische Motoren Werke Aktiengesellschaft (BMW3) | $75.13 Billion | 16.48% | 2.05x | $3.87 Billion |
| China Yuchai International Limited (CYD) | $9.99 Billion | 5.16% | 0.86x | $1.39 Billion |
| Dongfeng Motor Group Company Limited (D4D) | $103.56 Billion | 12.90% | 0.79x | $3.00 Billion |
About Niu Technologies
Niu Technologies, through its subsidiaries, designs, manufactures, and sells electric scooters in the People's Republic of China, Europe, and internationally. The company offers electric motorcycle, moped, and bicycle series, including the NQi, MQi, UQi, FQi series, and others; micro-mobility series, such as KQi kick-scooter series; BQi e-bike series; and XQi electric motorcycle and NXT hyper ele… Read more