Niu Technologies (NIU) AI Stock Analysis

• Market Cap: $325.11M
• Dividend Yield: N/A
• Average Volume (3M): 823.80K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.12
• Revenue Growth: 32.95%
• EPS Growth: 49.69%
• Country: US
• Employees: 642
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Auto - Manufacturers
• EPS (TTM): <0.01
• Shares Outstanding: 69,692,960
• 10 Day Avg. Volume: 751,644
• 30 Day Avg. Volume: 823,798
• 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: 0.45
• Enterprise Value/Revenue: 0.04
• Enterprise Value/Gross Profit: 0.24
• Enterprise Value/Ebitda: -1.52
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 48 Neutral
• Price Target: $4.00 ▼(-4.53% Downside)

Niu Technologies' overall stock score reflects significant financial and valuation challenges, with ongoing operational losses and a negative P/E ratio. While technical analysis shows some support, the bearish momentum and lack of dividend yield weigh heavily on the score. The earnings call provided some optimism with strong domestic growth, but overseas challenges and increased expenses remain significant concerns.

Niu Technologies Business Overview & Revenue Model

Company Description

Niu Technologies (NIU) is a leading manufacturer of electric scooters and motorcycles based in China. The company specializes in developing smart, eco-friendly two-wheeled electric vehicles that cater to urban commuters and environmentally conscious consumers. Operating primarily in the electric mobility sector, NIU designs and produces a range of products including electric scooters, electric motorcycles, and associated smart technology, which enhances the riding experience through connectivity and data analytics.

How the Company Makes Money

Niu Technologies generates revenue primarily through the sale of its electric scooters and motorcycles, which are marketed to both individual consumers and fleet operators. The company's revenue model includes direct sales through retail channels, online platforms, and partnerships with dealers and distributors. Key revenue streams consist of product sales, as well as after-sales services such as maintenance and repairs. The company also benefits from strategic partnerships with battery manufacturers and technology providers, which enhance its product offerings and optimize production costs. Additionally, NIU explores opportunities in ancillary services, such as software solutions for fleet management, contributing further to its earnings.

Niu Technologies Financial Statement Overview

Summary

Niu Technologies faces financial challenges, particularly with profitability and cash flow stability. The income statement reflects ongoing operational losses, while the balance sheet shows declining equity. The cash flow statement highlights issues in generating consistent positive cash flow, which is critical for future growth and investments.

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	3.78B	3.29B	2.65B	3.17B	3.70B	2.44B
Gross Profit	614.09M	498.76M	570.75M	669.68M	812.78M	559.15M
EBITDA	-96.29M	-102.57M	-132.54M	53.43M	374.50M	247.36M
Net Income	-146.45M	-193.20M	-271.84M	-49.46M	225.82M	168.65M
Balance Sheet
Total Assets	3.09B	2.61B	2.19B	2.54B	2.44B	1.85B
Cash, Cash Equivalents and Short-Term Investments	1.23B	904.37M	970.13M	903.28M	1.08B	1.10B
Total Debt	505.18M	201.34M	272.66M	175.31M	201.61M	180.00M
Total Liabilities	2.19B	1.68B	1.10B	1.23B	1.18B	853.44M
Stockholders Equity	903.64M	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: Neutral
• Last Price: 4.19
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For NIU, the sentiment is Neutral. The current price of 4.19 is below the 20-day moving average (MA) of 4.70, below the 50-day MA of 4.56, and above the 200-day MA of 3.48, indicating a neutral trend. The MACD of -0.07 indicates Positive momentum. The RSI at 41.92 is Neutral, neither overbought nor oversold. The STOCH value of 4.99 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral 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	48 Neutral	$325.11M	-16.44	-15.19%	―	32.95%	49.69%
WKHS	44 Neutral	$20.20M	-0.04	-201.87%	―	11.73%	74.79%
FFAI	44 Neutral	$206.10M	―	-320.23%	―	-43.10%	98.55%
EVTV	41 Neutral	$5.26M	-0.15	-189.10%	―	2.97%	-11.17%
CENN	40 Neutral	$10.77M	-0.16	-31.82%	―	7.86%	-22.19%
CJET	11 Underperform	$7.27M	―	―	―	-60.03%	31.08%

Niu Technologies Corporate Events

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.

Niu Technologies Reports Strong Q2 2025 Financial Performance

Niu Technologies reported a significant financial turnaround in the second quarter of 2025, with revenues reaching RMB 1,255.7 million, a 33.5% increase year-over-year, and a net income of RMB 5.9 million compared to a net loss in the previous year. This growth was driven by a 36.7% increase in e-scooter sales, particularly in China, where sales rose by 53.6%, despite a decline in international sales. The company expanded its domestic retail network and improved its gross margin to 20.1%, reflecting successful cost-reduction strategies. However, geopolitical and economic uncertainties affected international sales, particularly in the micromobility segment.