Niu Technologies (NIU) — Working Capital to Net Assets Ratio
Niu Technologies (NIU) has a Working Capital to Net Assets ratio of 49.3% as of September 2025. Working capital of $487.29 Million (current assets of $2.85 Billion minus current liabilities of $2.36 Billion) is measured against net assets of $988.72 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Niu Technologies free cash flow to debt ratio to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Niu Technologies Working Capital to Net Assets (2016–2024)
This chart shows how Niu Technologies's Working Capital to Net Assets ratio has evolved across 9 annual periods from 2016 to 2024. As of September 2025, the ratio stands at 49.3%, reflecting working capital of $487.29 Million against net assets of $988.72 Million USD. See NIU defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Niu Technologies (2016–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Niu Technologies from 2016 to 2024, covering 9 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see Niu Technologies (NIU) market capitalisation.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 55.6% | $517.87 Million | $931.28 Million | $2.17 Billion | $1.65 Billion | ▼ -7.5 pp |
| 2023 | 63.1% | $689.68 Million | $1.09 Billion | $1.76 Billion | $1.07 Billion | ▲ +0.5 pp |
| 2022 | 62.5% | $819.31 Million | $1.31 Billion | $2.01 Billion | $1.19 Billion | ▲ +1.9 pp |
| 2021 | 60.6% | $766.83 Million | $1.26 Billion | $1.90 Billion | $1.13 Billion | ▼ -12.3 pp |
| 2020 | 72.9% | $724.64 Million | $993.37 Million | $1.55 Billion | $823.26 Million | ▼ -5.1 pp |
| 2019 | 78.0% | $617.78 Million | $791.53 Million | $1.31 Billion | $693.51 Million | ▼ -13.6 pp |
| 2018 | 91.6% | $522.74 Million | $570.41 Million | $1.12 Billion | $597.00 Million | ▲ +39.1 pp |
| 2017 | 52.5% | $-170.81 Million | $-325.24 Million | $407.69 Million | $578.50 Million | ▲ +14.3 pp |
| 2016 | 38.2% | $-81.40 Million | $-213.19 Million | $260.44 Million | $341.84 Million | — |