Michael Simmonds's questions to NIU Technologies (NIU) leadership • Q1 2025
Question
Michael Simmonds of GlobalViewSA inquired about the balance sheet, noting the decline in the cash position and asking for the outlook on the net cash position by the end of the year, given the strong Q2 forecast.
Answer
CFO Fion Zhou clarified that Q1 is seasonally the lowest point for cash due to payments around the Chinese New Year. She expects the cash position to grow from Q2 onwards, driven by peak season sales and operating cash inflow, and anticipates the year-end 2025 cash balance will be higher than at the end of 2024.