Brief: NIU Technologies Q2 Adjusted Net Income RMB 13.7 Million

Niu Technologies

11/08/2025 09:00

Overview

NIU Q2 revenue rises 33.5% yr/yr to RMB 1,255.7 mln

Net income of RMB 5.9 mln vs net loss last year

Gross margin improves to 20.1% from 17.0% in Q2 2024

Outlook

NIU expects Q3 2025 revenue between RMB 1,433 mln and RMB 1,638 mln

Company anticipates 40% to 60% revenue growth in Q3 2025

NIU cites geopolitical and economic uncertainties affecting international sales

Result Drivers

CHINA SALES - E-scooter sales in China rose 53.6% yr/yr, driving revenue growth despite a 5.3% decrease in revenue per e-scooter

INTERNATIONAL DECLINE - International e-scooter sales fell 35.5% yr/yr, impacted by geopolitical and economic uncertainties

COST REDUCTION - Improved gross margin due to cost-reduction initiatives and product mix changes in China

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
RMB 1.26 bln
Q2 Adjusted Net Income
RMB 13.70 mln
Q2 Net Income
RMB 5.90 mln
Q2 Gross Margin
20.1%
Q2 Operating Expenses
RMB 264.90 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the auto & truck manufacturers peer group is "buy"

Wall Street's median 12-month price target for NIU Technologies is $3.80, about 0.5% above its August 8 closing price of $3.78

The stock recently traded at 19 times the next 12-month earnings vs. a P/E of 17 three months ago

Press Release: ID:nGNX70g9rm

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)