Niu Technologies (NIU) › Capital ExpendituresNiu Technologies (NIU) — Capital ExpendituresAnnual figures by period end, from SEC filings.2016-12-31: 10.32M CNY2017-12-31: 23.24M CNY2018-12-31: 32.02M CNY2021-12-31: 285.75M CNY2022-12-31: 135.35M CNY2023-12-31: 78.93M CNY2024-12-31: 119.75M CNY2025-12-31: 177.81M CNY177.81M CNY2016-12-31Capital Expenditures (CNY)2025-12-31Period endedCapital ExpendituresChange YoYSource filing2025-12-31177.81M CNY+48.5%2026-04-17From 2025-01-012024-12-31119.75M CNY+51.7%2026-04-17From 2024-01-012023-12-3178.93M CNY-41.7%2026-04-17From 2023-01-012022-12-31135.35M CNY-52.6%2025-04-18From 2022-01-012021-12-31285.75M CNY—2024-04-24From 2021-01-012018-12-3132.02M CNY+37.7%2019-04-25From 2018-01-012017-12-3123.24M CNY+125.2%2019-04-25From 2017-01-012016-12-3110.32M CNY—2019-04-25From 2016-01-01Other metrics: RevenueCost of RevenueGross ProfitOperating IncomeNet IncomeEPS (Diluted)Total AssetsTotal LiabilitiesShareholders' EquityCash & EquivalentsOperating Cash FlowShares OutstandingDividends Per ShareWeighted Average Diluted SharesEPS (Basic)