Niu Technologies (NIU) AI Stock Analysis

• Market Cap: $274.43M
• Dividend Yield: N/A
• Average Volume (3M): 503.70K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.04
• Revenue Growth: 51.03%
• EPS Growth: 90.70%
• Country: US
• Employees: 642
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Auto - Manufacturers
• EPS (TTM): 0.07
• Shares Outstanding: 69,692,960
• 10 Day Avg. Volume: 541,498
• 30 Day Avg. Volume: 503,696
• PEG Ratio: 0.18
• Price to Book (P/B): 1.11
• Price to Sales (P/S): 0.31
• P/FCF Ratio: -15.34
• Enterprise Value/Market Cap: 0.72
• Enterprise Value/Revenue: 0.04
• Enterprise Value/Gross Profit: 0.24
• Enterprise Value/Ebitda: -4.65
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): 1.19
• Revenue Forecast (FY): $4.44B

• Rating: 50 Neutral
• Price Target: $3.50 ▼(-3.31% Downside)

Niu Technologies' overall stock score reflects significant financial challenges, particularly in profitability and cash flow. While the earnings call provided some positive insights into growth and operational efficiency, technical analysis and valuation metrics indicate ongoing risks. The company's strong performance in China is a positive factor, but overseas market challenges and regulatory uncertainties weigh on the outlook.

Positive Factors

Revenue Growth

Strong revenue growth indicates robust demand and effective market strategies, enhancing the company's long-term market position.

Product Innovation

Successful product launches demonstrate Niu's ability to innovate and capture consumer interest, supporting sustained competitive advantage.

Market Expansion

Expanding store network, especially in lower-tier cities, enhances market penetration and supports long-term revenue growth.

Negative Factors

Cash Flow Challenges

Inconsistent cash flow generation can limit the company's ability to reinvest and sustain growth, posing a risk to financial stability.

Overseas Sales Decline

Declining international sales highlight challenges in global market expansion, potentially limiting growth opportunities outside China.

Regulatory Uncertainty

Regulatory uncertainties can impact future revenue and operational strategies, posing risks to the company's growth trajectory.

Niu Technologies Business Overview & Revenue Model

Company Description

Niu Technologies (NIU) is a leading manufacturer of electric scooters and smart mobility solutions, based in China. Founded in 2014, the company focuses on providing environmentally friendly transportation options, targeting urban commuters and individuals seeking efficient, cost-effective mobility. Niu's core product line includes a range of electric scooters, bicycles, and accessories designed with advanced technology features, such as smart connectivity and user-friendly interfaces. The company operates in the rapidly growing electric vehicle sector, capitalizing on the global shift towards sustainable transportation.

How the Company Makes Money

Niu Technologies generates revenue primarily through the sale of its electric scooters and bicycles. The company has a diversified revenue model that includes direct sales to consumers through its retail outlets and e-commerce platforms, as well as sales through third-party distributors and dealerships. In addition to hardware sales, Niu also earns revenue from the sale of accessories and parts related to its products. The company has formed strategic partnerships with various companies and local governments to promote electric mobility initiatives, which can further enhance its sales and market reach. Furthermore, Niu may explore additional revenue streams through services such as maintenance, repair, and potentially subscription models for battery usage or mobility services in the future.

Niu Technologies Financial Statement Overview

Summary

Niu Technologies faces financial challenges with fluctuating revenues and consistent negative net income. The balance sheet shows moderate leverage but declining equity, and cash flow issues highlight financial instability. These factors suggest the need for strategic improvements.

Income Statement

Niu Technologies has experienced fluctuating revenue trends, with a recent increase from 2023 to 2024. However, the company's profitability metrics are concerning, with consistent negative net income and EBIT over the years, indicating operational challenges. The decline in gross profit margin from previous years, coupled with negative EBITDA and EBIT margins, highlights ongoing profitability issues.

Balance Sheet

The balance sheet of Niu Technologies shows a moderate debt-to-equity ratio, indicating a reasonable leverage level. However, the declining stockholders' equity and the negative return on equity signal potential risks in generating shareholder value. The equity ratio suggests a balanced capital structure, yet the trend of decreasing equity is concerning.

Cash Flow

Niu Technologies' cash flow reveals significant challenges, with periods of negative free cash flow and operating cash flow. The absence of substantial free cash flow growth and inconsistent cash flow generation relative to net income indicate financial instability. This could hinder the company's capacity to reinvest and grow sustainably.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	4.45B	3.29B	2.65B	3.17B	3.70B	2.44B
Gross Profit	842.35M	498.76M	570.75M	669.68M	812.78M	559.15M
EBITDA	-42.68M	-89.04M	-132.54M	77.21M	374.50M	247.36M
Net Income	-23.82M	-193.20M	-271.84M	-49.46M	225.82M	168.65M
Balance Sheet
Total Assets	3.39B	2.61B	2.19B	2.54B	2.44B	1.85B
Cash, Cash Equivalents and Short-Term Investments	1.58B	904.37M	970.13M	903.28M	1.08B	1.10B
Total Debt	444.75M	201.34M	272.66M	175.31M	201.61M	180.00M
Total Liabilities	2.41B	1.68B	1.10B	1.23B	1.18B	853.44M
Stockholders Equity	988.72M	931.28M	1.09B	1.31B	1.26B	993.37M
Cash Flow
Free Cash Flow	0.00	-67.46M	14.80M	-1.76B	48.43M	314.02M
Operating Cash Flow	0.00	52.29M	93.74M	-834.96M	334.17M	465.60M
Investing Cash Flow	0.00	-292.43M	216.31M	2.73B	-295.06M	-535.23M
Financing Cash Flow	0.00	100.27M	-59.35M	-121.94M	6.25M	-13.16M

Niu Technologies Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 3.62
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For NIU, the sentiment is Negative. The current price of 3.62 is below the 20-day moving average (MA) of 3.73, below the 50-day MA of 4.23, and below the 200-day MA of 3.75, indicating a bearish trend. The MACD of -0.21 indicates Negative momentum. The RSI at 41.41 is Neutral, neither overbought nor oversold. The STOCH value of 43.25 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for NIU.

Niu Technologies Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
NIU	50 Neutral	$274.43M	―	-2.29%	―	51.03%	90.70%
WKHS	42 Neutral	$16.77M	-0.03	-162.44%	―	16.74%	81.14%
CENN	40 Neutral	$14.61M	―	-30.79%	―	-56.89%	12.17%
EVTV	40 Underperform	$4.77M	-0.13	-267.76%	―	113.69%	-84.50%
FFAI	40 Underperform	$177.77M	―	-1210.96%	―	19.55%	96.09%
CJET	11 Underperform	$1.09M	―	―	―	-60.03%	31.08%

Niu Technologies Corporate Events

Niu Technologies Reports Robust Q3 2025 Financial Results with Strong Growth in China

Niu Technologies reported a strong financial performance for the third quarter of 2025, with revenues reaching RMB 1,693.9 million, marking a 65.4% increase year-over-year. The company achieved a net income of RMB 81.7 million, a significant turnaround from a net loss in the same period last year. This growth was primarily driven by a 74.2% increase in e-scooter sales in China, despite a decline in international sales. The gross margin improved to 21.8%, supported by cost-reduction initiatives and a higher sales volume in China. The company continues to expand its market presence with a strategic focus on channel expansion and product transition strategies to adapt to evolving market dynamics.

Niu Technologies Reports Robust Q3 2025 Sales Growth

Niu Technologies reported a significant increase in sales volume for the third quarter of 2025, with a total of 465,873 units sold, marking a substantial year-over-year growth in the China market and a robust performance internationally. The company’s strategic product portfolio optimization and expansion of its domestic retail network have driven this growth, particularly in anticipation of new electric bicycle standards in China. The launch of new flagship models, FXT Ultra 2025 and NXT Ultra 2025, contributed to the highest growth rate recorded this year, enhancing Niu’s market positioning and appeal to consumers.