(NIU) Niu Technologies - Overview

Exchange: NASDAQ • Country: China • Currency: USD • Type: Common Stock • ISIN: US65481N1000

Stock: Electric Scooters, Kick-Scooters, E-Bikes, Bicycles, Accessories

Total Rating 36
Risk 50
Buy Signal 0.35

EPS (Earnings per Share)

EPS (Earnings per Share) of NIU over the last years for every Quarter: "2020-12": 0.86, "2021-03": 0.09, "2021-06": 1.29, "2021-09": 1.28, "2021-12": 0.75, "2022-03": -0.38, "2022-06": 0.09, "2022-09": 0.02, "2022-12": -0.24, "2023-03": -0.39, "2023-06": 0.02, "2023-09": -0.51, "2023-12": -0.2287, "2024-03": -0.0967, "2024-06": -0.0434, "2024-09": -0.0719, "2024-12": -0.127, "2025-03": -0.49, "2025-06": 0.07, "2025-09": 0.1378, "2025-12": 0,

Revenue

Revenue of NIU over the last years for every Quarter: 2020-12: 671.989578, 2021-03: 547.336565, 2021-06: 944.74501, 2021-09: 1226.396601, 2021-12: 986.059243, 2022-03: 575.477902, 2022-06: 827.619915, 2022-09: 1153.228324, 2022-12: 612.271193, 2023-03: 417.236018, 2023-06: 828.811204, 2023-09: 927.02263, 2023-12: 478.687794, 2024-03: 504.734575, 2024-06: 940.485316, 2024-09: 1023.896776, 2024-12: 819.179677, 2025-03: 681.988, 2025-06: 1255.706686, 2025-09: 1693.922867, 2025-12: null,
Risk 5d forecast
Volatility 78.1%
Relative Tail Risk -13.3%
Reward TTM
Sharpe Ratio 1.01
Alpha 56.48
Character TTM
Beta 0.965
Beta Downside 1.562
Drawdowns 3y
Max DD 67.07%
CAGR/Max DD -0.15

Description: NIU Niu Technologies December 31, 2025

Niu Technologies (NASDAQ:NIU) designs, manufactures, and sells a diversified portfolio of electric two-wheel vehicles-including scooters (e-NQi, MQi, UQi, FQi), motorcycles, mopeds, and e-bikes-primarily in China, with expanding distribution in Europe and other international markets. The brand is complemented by a range of accessories, performance upgrades, and a proprietary mobile app that offers telematics, service coordination, and insurance (NIU Cover), all sold through city partners, franchised stores, distributors, e-commerce platforms, and its own online channel.

Key recent metrics: NIU reported FY 2023 revenue of roughly $1.2 billion, a year-over-year increase of about 30 % driven by strong demand for its higher-margin premium scooters; gross margin stabilized near 30 % as battery-cost efficiencies improved. The Chinese electric scooter market is projected by IDC to grow at a CAGR of 15 % through 2029, supported by urban-mobility policies and lingering subsidies, while Europe’s tightening emissions standards are accelerating adoption of low-speed EV two-wheelers.

For a deeper, data-driven view of NIU’s valuation and risk profile, consider exploring the analyst tools on ValueRay.

Piotroski VR‑10 (Strict, 0-10) 3.5

Net Income: -23.8m TTM > 0 and > 6% of Revenue
FCF/TA: -0.02 > 0.02 and ΔFCF/TA -2.51 > 1.0
NWC/Revenue: 10.95% < 20% (prev 20.09%; Δ -9.14% < -1%)
CFO/TA 0.02 > 3% & CFO 52.3m > Net Income -23.8m
Net Debt/EBITDA: error (EBITDA <= 0)
Current Ratio: 1.21 > 1.5 & < 3
Outstanding Shares: last quarter (82.8m) vs 12m ago 5.39% < -2%
Gross Margin: 18.93% > 18% (prev 0.17%; Δ 1876 % > 0.5%)
Asset Turnover: 143.1% > 50% (prev 104.3%; Δ 38.81% > 0%)
Interest Coverage Ratio: -15.21 > 6 (EBITDA TTM -15.6m / Interest Expense TTM 5.92m)

Altman Z'' -0.66

A: 0.14 (Total Current Assets 2.85b - Total Current Liabilities 2.36b) / Total Assets 3.39b
B: -0.30 (Retained Earnings -1.01b / Total Assets 3.39b)
C: -0.03 (EBIT TTM -90.0m / Avg Total Assets 3.11b)
D: -0.42 (Book Value of Equity -1.02b / Total Liabilities 2.41b)
Altman-Z'' Score: -0.66 = B

Beneish M -3.05

DSRI: 0.23 (Receivables 64.5m/185.5m, Revenue 4.45b/2.95b)
GMI: 0.87 (GM 18.93% / 16.55%)
AQI: 1.65 (AQ_t 0.02 / AQ_t-1 0.01)
SGI: 1.51 (Revenue 4.45b / 2.95b)
TATA: -0.02 (NI -23.8m - CFO 52.3m) / TA 3.39b)
Beneish M-Score: -3.05 (Cap -4..+1) = AA

What is the price of NIU shares?

As of February 09, 2026, the stock is trading at USD 3.40 with a total of 763,177 shares traded.
Over the past week, the price has changed by +11.11%, over one month by -1.45%, over three months by -18.07% and over the past year by +57.41%.

Is NIU a buy, sell or hold?

Niu Technologies has received a consensus analysts rating of 4.50. Therefore, it is recommended to buy NIU.
  • StrongBuy: 3
  • Buy: 0
  • Hold: 1
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the NIU price?

Issuer Target Up/Down from current
Wallstreet Target Price 4.7 38.2%
Analysts Target Price 4.7 38.2%
ValueRay Target Price 3.3 -3.5%

NIU Fundamental Data Overview February 09, 2026

Market Cap CNY = 1.70b (244.8m USD * 6.939 USD.CNY)
P/E Forward = 6.4185
P/S = 0.0596
P/B = 1.8712
Revenue TTM = 4.45b CNY
EBIT TTM = -90.0m CNY
EBITDA TTM = -15.6m CNY
Long Term Debt = 4.75m CNY (from capitalLeaseObligations, last quarter)
Short Term Debt = 440.0m CNY (from shortTermDebt, last quarter)
Debt = 444.7m CNY (from shortLongTermDebtTotal, last quarter)
Net Debt = -644.4m CNY (from netDebt column, last quarter)
Enterprise Value = 560.7m CNY (1.70b + Debt 444.7m - CCE 1.58b)
Interest Coverage Ratio = -15.21 (Ebit TTM -90.0m / Interest Expense TTM 5.92m)
EV/FCF = -8.31x (Enterprise Value 560.7m / FCF TTM -67.5m)
FCF Yield = -12.03% (FCF TTM -67.5m / Enterprise Value 560.7m)
FCF Margin = -1.52% (FCF TTM -67.5m / Revenue TTM 4.45b)
Net Margin = -0.54% (Net Income TTM -23.8m / Revenue TTM 4.45b)
Gross Margin = 18.93% ((Revenue TTM 4.45b - Cost of Revenue TTM 3.61b) / Revenue TTM)
Gross Margin QoQ = 21.83% (prev 20.11%)
Tobins Q-Ratio = 0.17 (Enterprise Value 560.7m / Total Assets 3.39b)
Interest Expense / Debt = 0.30% (Interest Expense 1.35m / Debt 444.7m)
Taxrate = 21.0% (US default 21%)
NOPAT = -71.1m (EBIT -90.0m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 1.21 (Total Current Assets 2.85b / Total Current Liabilities 2.36b)
Debt / Equity = 0.45 (Debt 444.7m / totalStockholderEquity, last quarter 988.7m)
Debt / EBITDA = 41.33 (negative EBITDA) (Net Debt -644.4m / EBITDA -15.6m)
Debt / FCF = 9.55 (negative FCF - burning cash) (Net Debt -644.4m / FCF TTM -67.5m)
Total Stockholder Equity = 930.2m (last 4 quarters mean from totalStockholderEquity)
RoA = -0.77% (Net Income -23.8m / Total Assets 3.39b)
RoE = -2.56% (Net Income TTM -23.8m / Total Stockholder Equity 930.2m)
RoCE = -9.63% (EBIT -90.0m / Capital Employed (Equity 930.2m + L.T.Debt 4.75m))
RoIC = -4.96% (negative operating profit) (NOPAT -71.1m / Invested Capital 1.43b)
WACC = 7.55% (E(1.70b)/V(2.14b) * Re(9.47%) + D(444.7m)/V(2.14b) * Rd(0.30%) * (1-Tc(0.21)))
Discount Rate = 9.47% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 33.33 | Cagr: 2.56%
Fair Price DCF = unknown (Cash Flow -67.5m)
EPS Correlation: 25.50 | EPS CAGR: 41.66% | SUE: 0.0 | # QB: 0
Revenue Correlation: 33.34 | Revenue CAGR: 15.52% | SUE: -0.03 | # QB: 0
EPS next Year (2026-12-31): EPS=1.47 | Chg30d=-0.025 | Revisions Net=+0 | Growth EPS=+84.3% | Growth Revenue=+32.8%

Additional Sources for NIU Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle