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Niu Technologies (NIU): R&D Expense

Annual figures by period end, from SEC filings.

166.45M CNY
Year ended 2025-12-31
-1.9%
3-year compound annual growth
+9.6%
5-year compound annual growth
176.48M CNY2016-12-31: 33.09M CNY2017-12-31: 39.49M CNY2018-12-31: 91.81M CNY2019-12-31: 67.19M CNY2020-12-31: 105.34M CNY2021-12-31: 135.22M CNY2022-12-31: 176.48M CNY2023-12-31: 150.99M CNY2024-12-31: 130.11M CNY2025-12-31: 166.45M CNY166.45M CNY
2016-12-31 R&D Expense (CNY) 2025-12-31
Period endedR&D ExpenseChange YoYSource filing
2025-12-31166.45M CNY+27.9%2026-04-17, From 2025-01-01
2024-12-31130.11M CNY-13.8%2026-04-17, From 2024-01-01
2023-12-31150.99M CNY-14.4%2026-04-17, From 2023-01-01
2022-12-31176.48M CNY+30.5%2025-04-18, From 2022-01-01
2021-12-31135.22M CNY+28.4%2024-04-24, From 2021-01-01
2020-12-31105.34M CNY+56.8%2023-08-08, From 2020-01-01
2019-12-3167.19M CNY-26.8%2022-04-27, From 2019-01-01
2018-12-3191.81M CNY+132.5%2021-04-09, From 2018-01-01
2017-12-3139.49M CNY+19.4%2020-04-24, From 2017-01-01
2016-12-3133.09M CNYn/a2019-04-25, From 2016-01-01

R&D Expense at similar companies

Companies with the same SEC industry code (Motor Vehicles & Passenger Car Bodies), reporting in the same currency, closest in revenue. Each shows its own latest fiscal year, so period ends differ.

CompanyYear endedR&D ExpenseChange YoY
Niu Technologies (NIU)2025-12-31166.45M CNY+27.9%
Xpeng Inc. (XPEV)2025-12-319.49B CNY+47.0%
NIO Inc. (NIO)2025-12-3110.60B CNY-18.7%
Li Auto Inc. (LI)2025-12-3111.31B CNY+2.2%

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