Compare

Niu Technologies vs Xpeng Inc. vs NIO Inc. vs Li Auto Inc.

Latest annual figures from SEC filings. Each company is shown for its own most recent fiscal year, so period ends can differ. Select a figure to see its full history.

Latest fiscal year	Niu Technologies NIU	Xpeng Inc. XPEV	NIO Inc. NIO	Li Auto Inc. LI
Year ended	2025-12-31	2025-12-31	2025-12-31	2025-12-31
Revenue	4.31B CNY	76.72B CNY	87.49B CNY	112.31B CNY
Revenue growth (YoY)	+31.0%	+87.7%	+33.1%	-22.3%
Gross margin	19.6%	18.9%	13.6%	18.7%
Operating margin	-2.0%	-3.6%	-16.0%	-0.5%
Net margin	-0.9%	-1.5%	-17.1%	1.0%
Net income	-39.39M CNY	-1.14B CNY	-14.94B CNY	1.14B CNY
EPS (Diluted)	-0.25 CNY	-0.60 CNY	-6.85 CNY	0.54 CNY
Operating cash flow	353.27M CNY	8.26B CNY	2.99B CNY	-8.61B CNY
Free cash flow	175.46M CNY	5.10B CNY	-3.07B CNY	-12.82B CNY
Cash & equivalents	924.74M CNY	17.33B CNY	11.27B CNY	56.69B CNY
Total assets	2.95B CNY	103.16B CNY	124.40B CNY	154.30B CNY
Total liabilities	2.05B CNY	72.79B CNY	111.71B CNY	81.16B CNY
Shareholders' equity	904.93M CNY	30.37B CNY	4.14B CNY	72.62B CNY
Return on year-end equity	-4.4%	-3.8%	-360.9%	1.6%
Shares outstanding	n/a	n/a	2.47B	2.03B

n/a means the company did not report that line under the concept TickerFacts maps, not that it is zero.

Revenue, most recent five fiscal years

Fiscal year	Niu Technologies	Xpeng Inc.	NIO Inc.	Li Auto Inc.
Latest	4.31B CNY Ended 2025-12-31	76.72B CNY Ended 2025-12-31	87.49B CNY Ended 2025-12-31	112.31B CNY Ended 2025-12-31
1 year earlier	3.29B CNY Ended 2024-12-31	40.87B CNY Ended 2024-12-31	65.73B CNY Ended 2024-12-31	144.46B CNY Ended 2024-12-31
2 years earlier	2.65B CNY Ended 2023-12-31	30.68B CNY Ended 2023-12-31	55.62B CNY Ended 2023-12-31	123.85B CNY Ended 2023-12-31
3 years earlier	3.17B CNY Ended 2022-12-31	26.86B CNY Ended 2022-12-31	49.27B CNY Ended 2022-12-31	45.29B CNY Ended 2022-12-31
4 years earlier	3.70B CNY Ended 2021-12-31	20.99B CNY Ended 2021-12-31	36.14B CNY Ended 2021-12-31	27.01B CNY Ended 2021-12-31