Niu Technologies logo

Niu Technologies

NIU

NASDAQConsumer CyclicalAuto - Manufacturers

Latest quote

$1.95

−$0.05 · -2.50%

NIU company overview

Historical prices · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Sell

Trim exposure — unfavorable risk-reward

Valuation

47

Fair Value

Momentum

21

Weakening

Sentiment

55

Mixed

Risk resilience

38

High Risk

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Company profile

Company website

Niu Technologies, a Chinese company established in 2014 and headquartered in Beijing, specializes in the design, production, and sale of intelligent electric vehicles, primarily focusing on the People's Republic of China market. Its diverse product portfolio covers a broad spectrum of electric mobility, including popular series like the NQi, MQi, UQi, and Gova electric scooters and motorcycles. The company also manufactures KQi electric kick-scooters, NIU Aero and BQi e-bikes, high-performance RQi and TQi electric motorcycles, and YQi hybrid motorcycles. Beyond vehicles, Niu also offers a comprehensive range of NIU-branded accessories and spare parts. These fall into three main categories: practical scooter accessories (e.g., rain gear, gloves, storage solutions, phone holders), lifestyle merchandise (e.g., apparel, bags, stationery, keychains), and performance-enhancing components (e.g., upgraded wheels, suspension, brakes, carbon fiber panels). The company also leverages its dedicated NIU mobile application to provide a suite of digital services. Users can access online repair requests, DIY repair guides, a service station locator, theft reporting, and various smart features. The app also facilitates services such as NIU Cover (insurance), NIU Care (maintenance and reservations at offline service centers), and NIU Wash (monthly complimentary wash coupons). Niu Technologies distributes and services its products through a multi-channel approach, including its network of city partners and franchised stores, independent distributors, third-party e-commerce platforms, and its own official online store. As of December 31, 2021, Niu's operational footprint was substantial: within China, it boasted 338 city partners and 3,108 franchised stores spanning approximately 239 cities. Internationally, its reach extended to 50 countries, supported by 42 distributors.

Industry
Auto - Manufacturers
Sector
Consumer Cyclical
Headquarters
CN
CEO
Yan Li
Listed since
Oct 19, 2018
Employees
671

Market position

Volume
216.9K
0.62× average
Average volume
352.19K
Average daily volume
Market cap
152.95M USD
Beta
-0.13
Market reference 1

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
1.19B CNY
P/E (TTM)
-5.24×
P/B (TTM)
1.48×
P/S (TTM)
0.22×
EV / EBITDA
20.57×
Earnings yield
-2.26%
Free cash flow yield
10.37%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
18.27%
Operating margin
-5.15%
Net margin
-4.27%
Return on equity
-4.23%
Return on assets
-1.30%
Return on invested capital
-3.47%

Financial health

Debt / equity
0.31×
Current ratio
1.18×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends25%12%-2%-15%Gross margin, FY2021: 21.94%Gross margin, FY2022: 21.13%Gross margin, FY2023: 21.52%Gross margin, FY2024: 15.17%Gross margin, FY2025: 19.58%Operating margin, FY2021: 6.82%Operating margin, FY2022: -2.82%Operating margin, FY2023: -11.97%Operating margin, FY2024: -7.62%Operating margin, FY2025: -2.08%Net margin, FY2021: 6.10%Net margin, FY2022: -1.56%Net margin, FY2023: -10.25%Net margin, FY2024: -5.88%Net margin, FY2025: -0.91%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 21.94%. Gross margin FY2022 21.13%. Gross margin FY2023 21.52%. Gross margin FY2024 15.17%. Gross margin FY2025 19.58%. Operating margin FY2021 6.82%. Operating margin FY2022 -2.82%. Operating margin FY2023 -11.97%. Operating margin FY2024 -7.62%. Operating margin FY2025 -2.08%. Net margin FY2021 6.10%. Net margin FY2022 -1.56%. Net margin FY2023 -10.25%. Net margin FY2024 -5.88%. Net margin FY2025 -0.91%.

Income trends

Revenue

4.19B CNY+27.44%

Operating income

−87.17M CNY+65.22%

Net income

−38.31M CNY+80.17%
Income trends across reported periods4.64B CNY2.84B CNY1.03B CNY−768.33M CNYRevenue, FY2021: 3.7B CNYRevenue, FY2022: 3.17B CNYRevenue, FY2023: 2.65B CNYRevenue, FY2024: 3.29B CNYRevenue, FY2025: 4.19B CNYOperating income, FY2021: 252.48M CNYOperating income, FY2022: −89.28M CNYOperating income, FY2023: −317.52M CNYOperating income, FY2024: −250.63M CNYOperating income, FY2025: −87.17M CNYNet income, FY2021: 225.82M CNYNet income, FY2022: −49.46M CNYNet income, FY2023: −271.84M CNYNet income, FY2024: −193.2M CNYNet income, FY2025: −38.31M CNYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 3.7B CNY. Revenue FY2022 3.17B CNY. Revenue FY2023 2.65B CNY. Revenue FY2024 3.29B CNY. Revenue FY2025 4.19B CNY. Operating income FY2021 252.48M CNY. Operating income FY2022 −89.28M CNY. Operating income FY2023 −317.52M CNY. Operating income FY2024 −250.63M CNY. Operating income FY2025 −87.17M CNY. Net income FY2021 225.82M CNY. Net income FY2022 −49.46M CNY. Net income FY2023 −271.84M CNY. Net income FY2024 −193.2M CNY. Net income FY2025 −38.31M CNY.
Metric (CNY)FY2025FY2024FY2023FY2022FY2021
Revenue4.19B CNY3.29B CNY2.65B CNY3.17B CNY3.7B CNY
Cost of goods sold3.37B CNY2.79B CNY2.08B CNY2.5B CNY2.89B CNY
Gross profit820.59M CNY498.76M CNY570.75M CNY669.68M CNY812.78M CNY
Research and development161.92M CNY130.11M CNY150.99M CNY176.48M CNY135.22M CNY
Selling, general, and administrative692.52M CNY620.2M CNY600.81M CNY598.87M CNY473.81M CNY
Operating expenses907.76M CNY749.4M CNY888.27M CNY758.96M CNY560.3M CNY
Interest income31.14M CNY37.09M CNY35.49M CNY12.86M CNY5.38M CNY
Interest expense5.96M CNY5.62M CNY1.42M CNY5.72M CNY6.17M CNY
Depreciation and amortization112.78M CNY122.15M CNY148.06M CNY142.71M CNY95.47M CNY
Operating income−87.17M CNY−250.63M CNY−317.52M CNY−89.28M CNY252.48M CNY
Net income−38.31M CNY−193.2M CNY−271.84M CNY−49.46M CNY225.82M CNY

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
20%
1 beat, 4 misses, 0 met estimates
Average EPS surprise
-99.35%
5 comparable reports
Latest EPS result
-0.19
Estimate 0.19 · Miss by 201.93%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.230.07-0.08-0.23Q1 '25No estimateQ2 '25No estimateQ3 '25No estimateQ4 '25BeatQ1 '26MissQ2 '26MissQ3 '26MissQ4 '26Estimate
Q1 2025, reported Mar 17, 2025: actual -0.13, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 19, 2025: actual -0.07, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 11, 2025: actual 0.01, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Nov 17, 2025: actual 0.14, estimate -0.132, surprise +206.44%, Beat. Q1 2026, reported Mar 16, 2026: actual -0.16, estimate -0.134, surprise -19.72%, Miss. Q2 2026, reported May 18, 2026: actual -0.17, estimate 0.063, surprise -370.83%, Miss. Q3 2026, reported Aug 10, 2026: actual -0.19, estimate 0.186, surprise -201.93%, Miss. Q4 2026, reported Nov 23, 2026: actual —, estimate -0.022, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates257.56M197.3M137.04M76.77MQ1 '25BeatQ2 '25No estimateQ3 '25No estimateQ4 '25BeatQ1 '26BeatQ2 '26MissQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Mar 17, 2025: actual 112.19M USD, estimate 101.38M USD, surprise +10.67%, Beat. Q2 2025, reported May 19, 2025: actual 93.95M USD, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 11, 2025: actual 175.23M USD, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Nov 17, 2025: actual 237.88M USD, estimate 89.24M USD, surprise +166.55%, Beat. Q1 2026, reported Mar 16, 2026: actual 96.68M USD, estimate 90.68M USD, surprise +6.62%, Beat. Q2 2026, reported May 18, 2026: actual 131.82M USD, estimate 133.02M USD, surprise -0.90%, Miss. Q3 2026, reported Aug 10, 2026: actual 211.99M USD, estimate 173.23M USD, surprise +22.38%, Beat. Q4 2026, reported Nov 23, 2026: actual —, estimate 245.09M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Rating distribution

9 ratings
Strong buy00%
Buy556%
Hold333%
Sell111%
Strong sell00%

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