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Niu Technologies: 20-F filed 2020-04-24

What Niu Technologies reported in its annual report (foreign private issuer) filed 2020-04-24 (fiscal FY 2019): 54 published measures, 179 facts as tagged in accession 0001104659-20-050585.

This filing

Form
20-F (annual report (foreign private issuer))
Filed
2020-04-24
Fiscal period
fiscal FY 2019
Accession
0001104659-20-050585 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All Niu Technologies filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

PeriodValueUnitDays
At 2019-12-311,510,839,608CNY
At 2018-12-311,185,251,799CNY
At 2019-12-31217,018,530USD

Total liabilities

Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.

PeriodValueUnitDays
At 2019-12-31719,309,388CNY
At 2018-12-31614,844,753CNY
At 2019-12-31103,322,328USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

PeriodValueUnitDays
At 2019-12-31791,530,220CNY
At 2018-12-31570,407,046CNY
At 2017-12-31-325,235,476CNY
At 2016-12-31-213,194,529CNY
At 2019-12-31113,696,202USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

PeriodValueUnitDays
2019-01-01 to 2019-12-31190,084,771CNY365
2018-01-01 to 2018-12-31-349,027,476CNY365
2017-01-01 to 2017-12-31-184,662,871CNY365
2019-01-01 to 2019-12-3127,303,970USD365

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

PeriodValueUnitDays
2019-01-01 to 2019-12-31178,680,435CNY365
2018-01-01 to 2018-12-318,569,117CNY365
2017-01-01 to 2017-12-3180,063,278CNY365
2019-01-01 to 2019-12-3125,665,838USD365

Contract revenue excluding tax

Revenue from customer contracts excluding assessed taxes under this specific taxonomy concept. It is not automatically comparable to older revenue tags.

PeriodValueUnitDays
2019-01-01 to 2019-12-312,076,289,101CNY365
2018-01-01 to 2018-12-311,477,781,304CNY365
2017-01-01 to 2017-12-31769,368,001CNY365
2019-01-01 to 2019-12-31298,240,268USD365

Financing cash flow

Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.

PeriodValueUnitDays
2019-01-01 to 2019-12-3135,282,416CNY365
2018-01-01 to 2018-12-31555,382,588CNY365
2017-01-01 to 2017-12-3168,703,310CNY365
2019-01-01 to 2019-12-315,068,001USD365

Investing cash flow

Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.

PeriodValueUnitDays
2019-01-01 to 2019-12-31-467,889,241CNY365
2018-01-01 to 2018-12-31-103,589,651CNY365
2017-01-01 to 2017-12-31-55,928,949CNY365
2019-01-01 to 2019-12-31-67,208,085USD365

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

PeriodValueUnitDays
At 2019-12-31-934,300,768CNY
At 2018-12-31-1,124,385,539CNY
At 2019-12-31-134,203,908USD

Basic weighted-average shares

Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.

PeriodValueUnitDays
2019-01-01 to 2019-12-31149,025,166shares365
2018-01-01 to 2018-12-3165,834,876shares365
2017-01-01 to 2017-12-3126,295,181shares365

Diluted weighted-average shares

Weighted-average shares used for diluted earnings per share. Potential shares are included under the applicable dilution rules, not simply added to outstanding shares.

PeriodValueUnitDays
2019-01-01 to 2019-12-31153,248,188shares365
2018-01-01 to 2018-12-3165,834,876shares365
2017-01-01 to 2017-12-3126,295,181shares365

Basic earnings per share

Reported earnings or loss per basic common share or unit. Inspect attribution, share classes and restatements before comparing periods. This is not a market return.

PeriodValueUnitDays
2019-01-01 to 2019-12-311.28CNY/shares365
2018-01-01 to 2018-12-31-5.3CNY/shares365
2017-01-01 to 2017-12-31-7.02CNY/shares365
2019-01-01 to 2019-12-310.18USD/shares365

Diluted earnings per share

Reported earnings or loss per share under dilution rules. Antidilutive instruments may be excluded. A diluted value can equal the basic value without implying no potential dilution.

PeriodValueUnitDays
2019-01-01 to 2019-12-311.24CNY/shares365
2018-01-01 to 2018-12-31-5.3CNY/shares365
2017-01-01 to 2017-12-31-7.02CNY/shares365
2019-01-01 to 2019-12-310.18USD/shares365

Income tax expense or benefit

Current and deferred income tax expense or benefit for continuing operations. This accounting expense differs from cash taxes paid.

PeriodValueUnitDays
2019-01-01 to 2019-12-318,214,341CNY365
2018-01-01 to 2018-12-310CNY365
2017-01-01 to 2017-12-310CNY365
2019-01-01 to 2019-12-311,179,916USD365

Net property, plant and equipment

Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.

PeriodValueUnitDays
At 2019-12-31150,891,344CNY
At 2018-12-3140,985,174CNY
At 2019-12-3121,674,185USD

Share-based compensation expense

Reported noncash expense for share-based payment arrangements. Noncash treatment does not mean the awards have no economic cost to shareholders.

PeriodValueUnitDays
2019-01-01 to 2019-12-3119,622,779CNY365
2018-01-01 to 2018-12-31265,874,927CNY365
2017-01-01 to 2017-12-3162,527,098CNY365
2019-01-01 to 2019-12-312,818,636USD365

Operating income or loss

Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.

PeriodValueUnitDays
2019-01-01 to 2019-12-31186,708,900CNY365
2018-01-01 to 2018-12-31-314,406,588CNY365
2017-01-01 to 2017-12-31-141,825,459CNY365
2019-01-01 to 2019-12-3126,819,055USD365

Current assets

Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.

PeriodValueUnitDays
At 2019-12-311,311,290,018CNY
At 2018-12-311,119,743,397CNY
At 2019-12-31188,355,026USD

Interest expense

Borrowing costs recognized as interest expense. This is distinct from cash interest paid and may not include every capitalized borrowing cost.

PeriodValueUnitDays
2019-01-01 to 2019-12-3111,396,998CNY365
2018-01-01 to 2018-12-317,721,675CNY365
2017-01-01 to 2017-12-313,153,521CNY365
2019-01-01 to 2019-12-311,637,076USD365

Current liabilities

Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.

PeriodValueUnitDays
At 2019-12-31693,513,607CNY
At 2018-12-31597,000,110CNY
At 2019-12-3199,616,996USD

Current accounts payable

Current amounts owed to suppliers for goods and services received. This is one component of current liabilities, not all accrued obligations.

PeriodValueUnitDays
At 2019-12-31258,988,264CNY
At 2018-12-31249,665,890CNY
At 2019-12-3137,201,336USD

Net finite-lived intangible assets

Finite-lived intangible assets after amortization. This excludes goodwill and should not be combined with indefinite-lived intangible assets without checking scope.

PeriodValueUnitDays
At 2019-12-317,779,749CNY
At 2018-12-317,717,754CNY
At 2019-12-311,117,491USD

Net current accounts receivable

Current customer receivables after the allowance for credit loss. The balance is not cash collected or a guarantee of collection.

PeriodValueUnitDays
At 2019-12-31115,228,700CNY
At 2018-12-3154,424,845CNY
At 2019-12-3116,551,567USD

Common-stock repurchase payments

Cash paid to reacquire common stock during the period. This is not an authorization limit or a direct measure of the net change in share count.

PeriodValueUnitDays
2018-01-01 to 2018-12-314,202,335CNY365

Operating expenses

Recurring operating costs under this accounting concept, generally excluding production costs included in cost of sales. Check filing presentation before combining expense subtotals.

PeriodValueUnitDays
2019-01-01 to 2019-12-31329,675,423CNY365
2018-01-01 to 2018-12-31514,427,245CNY365
2017-01-01 to 2017-12-31197,356,742CNY365
2019-01-01 to 2019-12-3147,354,912USD365

Net inventory

Inventory carrying amount after applicable valuation and LIFO reserves. It does not establish realizable selling proceeds or inventory turnover without other inputs.

PeriodValueUnitDays
At 2019-12-31178,633,299CNY
At 2018-12-31142,382,205CNY
At 2019-12-3125,659,068USD

Gross profit

Revenue less the costs directly attributed to the goods or services sold. It precedes other operating expenses and is not net income.

PeriodValueUnitDays
2019-01-01 to 2019-12-31486,550,553CNY365
2018-01-01 to 2018-12-31198,625,457CNY365
2017-01-01 to 2017-12-3154,698,283CNY365
2019-01-01 to 2019-12-3169,888,614USD365

Cost of revenue

Costs attributed to goods produced and sold and services provided during the period. This is not the sum of every operating expense.

PeriodValueUnitDays
2019-01-01 to 2019-12-311,589,738,548CNY365
2018-01-01 to 2018-12-311,279,155,847CNY365
2017-01-01 to 2017-12-31714,669,718CNY365
2019-01-01 to 2019-12-31228,351,654USD365

Research and development expense

Research and development costs recognized as expense. Capitalization policies and acquired projects can make this differ from total cash invested in development.

PeriodValueUnitDays
2019-01-01 to 2019-12-3167,187,348CNY365
2018-01-01 to 2018-12-3191,811,892CNY365
2017-01-01 to 2017-12-3139,492,743CNY365
2019-01-01 to 2019-12-319,650,859USD365

Cash including restricted cash

Cash, cash equivalents and restricted cash as reported in the cash flow reconciliation. Restricted amounts are not freely available, so this is not the same as unrestricted cash.

PeriodValueUnitDays
At 2019-12-31501,602,013CNY
At 2018-12-31748,322,305CNY
At 2017-12-31281,885,525CNY
At 2016-12-31202,112,710CNY
At 2019-12-3172,050,621USD
At 2018-12-31107,489,773USD

Additional paid-in capital

Capital contributed above par value under this concept. It records historical contributions, not the current value of the equity or cash on hand.

PeriodValueUnitDays
At 2019-12-311,738,102,741CNY
At 2018-12-311,717,483,548CNY
At 2019-12-31249,662,837USD

Accumulated other comprehensive income or loss

Cumulative other comprehensive items after tax, such as translation and unrealized hedging or securities effects. These amounts have not passed through net income.

PeriodValueUnitDays
At 2019-12-31-12,368,224CNY
At 2018-12-31-22,786,922CNY
At 2019-12-31-1,776,584USD

Gross property, plant and equipment

Cost of property, plant and equipment before accumulated depreciation. Historical cost does not indicate current value or replacement cost.

PeriodValueUnitDays
At 2019-12-31210,618,873CNY
At 2018-12-3171,236,365CNY

Accumulated depreciation on property, plant and equipment

Cumulative depreciation, depletion and amortization recorded against property, plant and equipment. It measures cost allocation to date, not physical wear or market value.

PeriodValueUnitDays
At 2019-12-3159,727,529CNY
At 2018-12-3130,251,191CNY

Other noncurrent assets

Noncurrent assets the filer does not present separately. The composition differs by filer and is described only in the filing.

PeriodValueUnitDays
At 2019-12-316,522,561CNY
At 2018-12-3116,805,474CNY
At 2019-12-31936,907USD

Other noncurrent liabilities

Noncurrent liabilities the filer does not present separately. The composition differs by filer and is described only in the filing.

PeriodValueUnitDays
At 2019-12-3122,358,968CNY
At 2018-12-3117,609,842CNY
At 2019-12-313,211,665USD

Prepaid expenses and other current assets

Prepayments and other current assets grouped under this concept. The balance is not cash and its composition differs by filer.

PeriodValueUnitDays
At 2019-12-3130,982,131CNY
At 2018-12-3126,919,954CNY
At 2019-12-314,450,305USD

Current contract liabilities

Consideration received before performance obligations are satisfied, often called deferred revenue. It is an obligation to deliver, not earned revenue or cash available.

PeriodValueUnitDays
At 2019-12-3131,105,700CNY
At 2018-12-3112,666,330CNY
At 2019-12-314,468,054USD

Net deferred tax assets

Deferred tax assets after the valuation allowance. Realization depends on future taxable income, so the balance is not a receivable from tax authorities.

PeriodValueUnitDays
At 2019-12-316,086,197CNY

Net deferred tax liabilities

Deferred tax liabilities net of related assets under this concept. The amount reflects timing differences and is not tax currently due.

PeriodValueUnitDays
At 2019-12-311,265,780CNY
At 2019-12-31181,818USD

Pre-tax income or loss from continuing operations

Income or loss from continuing operations before income taxes and noncontrolling interests. It excludes discontinued operations and is not net income.

PeriodValueUnitDays
2019-01-01 to 2019-12-31198,299,112CNY365
2018-01-01 to 2018-12-31-349,027,476CNY365
2017-01-01 to 2017-12-31-184,662,871CNY365
2019-01-01 to 2019-12-3128,483,886USD365

Profit or loss including noncontrolling interests

Net income or loss including the portion attributable to noncontrolling interests. It can differ from the net income attributable to the parent that per-share figures use.

PeriodValueUnitDays
2019-01-01 to 2019-12-31190,084,771CNY365
2018-01-01 to 2018-12-31-349,027,476CNY365
2017-01-01 to 2017-12-31-184,662,871CNY365
2019-01-01 to 2019-12-3127,303,970USD365

Comprehensive income or loss

Net income plus other comprehensive income after tax. It includes unrealized items that net income excludes and is not a cash measure.

PeriodValueUnitDays
2019-01-01 to 2019-12-31200,503,469CNY365
2018-01-01 to 2018-12-31-377,410,636CNY365
2017-01-01 to 2017-12-31-174,568,045CNY365
2019-01-01 to 2019-12-3128,800,522USD365

General and administrative expense

General and administrative costs reported under this concept, separate from selling expense. Filers group overhead differently, so compare presentation before comparing companies.

PeriodValueUnitDays
2019-01-01 to 2019-12-3179,615,561CNY365
2018-01-01 to 2018-12-31272,464,481CNY365
2017-01-01 to 2017-12-3174,799,105CNY365
2019-01-01 to 2019-12-3111,436,060USD365

Depreciation expense

Depreciation recognized for the period under this concept. It is a noncash allocation of asset cost and may exclude amortization and depletion reported elsewhere.

PeriodValueUnitDays
2019-01-01 to 2019-12-3129,501,123CNY365
2018-01-01 to 2018-12-3116,808,987CNY365
2017-01-01 to 2017-12-319,049,769CNY365

Depreciation, depletion and amortization

Combined depreciation, depletion and amortization for the period. A noncash allocation of asset cost, not a measure of maintenance spending.

PeriodValueUnitDays
2019-01-01 to 2019-12-3132,428,391CNY365
2018-01-01 to 2018-12-3118,881,376CNY365
2017-01-01 to 2017-12-319,746,569CNY365
2019-01-01 to 2019-12-314,658,047USD365

Amortization of intangible assets

Amortization recognized on finite-lived intangible assets. It follows acquisition accounting and does not indicate the intangibles are losing usefulness at that rate.

PeriodValueUnitDays
2019-01-01 to 2019-12-312,521,709CNY365
2018-01-01 to 2018-12-312,072,389CNY365
2017-01-01 to 2017-12-31696,800CNY365

Current income tax expense or benefit

Income tax expense or benefit for the period that is currently payable or refundable. It differs from cash taxes paid and from total tax expense.

PeriodValueUnitDays
2019-01-01 to 2019-12-317,460,535CNY365

Deferred income tax expense or benefit

The deferred portion of income tax expense or benefit, arising from timing differences. It is not tax paid in the period.

PeriodValueUnitDays
2019-01-01 to 2019-12-31753,806CNY365

Interest paid, net

Cash interest paid during the period, net of amounts capitalized where the filer reports it that way. It differs from interest expense recognized.

PeriodValueUnitDays
2019-01-01 to 2019-12-319,705,406CNY365
2018-01-01 to 2018-12-317,656,695CNY365
2017-01-01 to 2017-12-313,117,410CNY365
2019-01-01 to 2019-12-311,394,094USD365

Income taxes paid, net

Cash income taxes paid net of refunds during the period. It differs from income tax expense and can reflect prior years and estimated payments.

PeriodValueUnitDays
2019-01-01 to 2019-12-314,446,731CNY365
2019-01-01 to 2019-12-31638,733USD365

Change in accounts receivable

The cash flow adjustment for the change in receivables during the period. A positive value under this concept means receivables grew and reduced operating cash flow.

PeriodValueUnitDays
2019-01-01 to 2019-12-3163,864,244CNY365
2018-01-01 to 2018-12-3142,827,269CNY365
2017-01-01 to 2017-12-31-8,307,152CNY365
2019-01-01 to 2019-12-319,173,525USD365

Change in inventories

The cash flow adjustment for the change in inventories during the period. A positive value under this concept means inventory grew and reduced operating cash flow.

PeriodValueUnitDays
2019-01-01 to 2019-12-3146,739,327CNY365
2018-01-01 to 2018-12-3172,410,646CNY365
2017-01-01 to 2017-12-3121,444,209CNY365
2019-01-01 to 2019-12-316,713,684USD365

Change in accounts payable

The cash flow adjustment for the change in payables during the period. A positive value under this concept means payables grew and added to operating cash flow.

PeriodValueUnitDays
2019-01-01 to 2019-12-319,321,752CNY365
2018-01-01 to 2018-12-31124,728,425CNY365
2017-01-01 to 2017-12-3153,119,693CNY365
2019-01-01 to 2019-12-311,338,986USD365

Inspect the source

Entity
Niu Technologies / CIK 0001744781
Captured
2026-09-21T17:28:49.815Z
SEC response SHA-256
4fcddf069cd3e77d10db155cec86b11ac18fc69466745f6b1d98e49db3e9a169

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.

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Use this in research

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Read the published dataset with Python
import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0001744781.json") as response:
    record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
    print(concept["tag"], next(iter(concept["observations"])))