NIU Technologies
NASDAQ:NIU
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NIU Technologies
Niu Technologies is a holding company, which engages in the provision of urban mobility solutions. The company is headquartered in Beijing, Beijing. The company went IPO on 2018-10-19. The firm is engaged in the design, manufacture and sales of smart e-scooters. The Company’s products consist of three series, N, M and U, with multiple models or specifications for each series. Its NIU application synchronizes with the smart e-scooters and communicates with its cloud system. The firm enables users to receive real-time information relating to their smart e-scooters through its application.
Niu Technologies is a holding company, which engages in the provision of urban mobility solutions. The company is headquartered in Beijing, Beijing. The company went IPO on 2018-10-19. The firm is engaged in the design, manufacture and sales of smart e-scooters. The Company’s products consist of three series, N, M and U, with multiple models or specifications for each series. Its NIU application synchronizes with the smart e-scooters and communicates with its cloud system. The firm enables users to receive real-time information relating to their smart e-scooters through its application.
Sales Surge: Niu Technologies delivered 465,000 units in Q3 2025, up 49.1% year-over-year, driven mainly by strong performance in China.
Revenue Growth: Total revenue reached RMB 1.69 billion, increasing 65% year-over-year and slightly ahead of guidance, fueled by China sales.
Gross Margin Expansion: Gross margin climbed to 21.8%, up 8 percentage points from last year, benefiting from a favorable product mix and cost controls.
Net Profit Turnaround: Net income came in at RMB 82 million, reversing a net loss in the same period last year.
China Dominates: China accounted for 95% of total revenue, with unit sales up 74% year-over-year due to regulatory-driven inventory buildup and new product launches.
Weak Overseas, Motorcycle Bright Spot: Overseas sales volume fell, but electric motorcycle sales overseas rose 160% year-over-year.
Mixed Q4 Outlook: Q4 revenue is guided between RMB 737 million and RMB 901 million, implying flat or slightly declining sales due to regulatory timing and inventory preloads.