Niu Technologies Reports Narrower Loss, Strong Revenue Growth

Niu Technologies shows signs of improvement as it reports a narrower fourth-quarter loss and a significant revenue increase of 71.1%. Investors may find optimism in the growth forecasts for the upcoming quarters.

Date: 17-03-2025

AI Rating: 7

Net Loss and Adjusted Net Loss: Niu Technologies reported a narrower net loss of RMB 72.54 million ($9.94 million) for the fourth quarter, down from RMB 130.17 million last year. This indicates a better performance, which may positively influence investor sentiment. The adjusted net loss has also improved to RMB 66.7 million ($9.14 million), compared to RMB 122.4 million in the previous year.

Revenue Growth: The company's revenue reached RMB 819.2 million ($112.23 million), reflecting an impressive year-over-year increase of 71.1% from RMB 478.69 million. Such growth in revenue could bolster confidence in the company's market position and operational capacity.

E-scooter Sales: Niu sold 226,634 e-scooters during the quarter, marking a 64.9% increase year-over-year. This surge in sales, particularly in China (65.1% growth) and international markets (63.9% growth), positions Niu favorably within the urban mobility sector.

Future Expectations: For the upcoming first quarter, NIU anticipates revenues between RMB 631 million and RMB 707 million, a notable year-over-year increase of 25% to 40%. Furthermore, the projected sales volume for 2025 is between 1.3 million to 1.6 million units, anticipating a growth rate of approximately 40% to 70%. These forecasts suggest a strong growth trajectory, further enhancing positive sentiment among investors.

Stocks: NIU