Latest news with #NiuTechnologies
Yahoo
04-07-2025
- Automotive
- Yahoo
Niu Technologies Provides Second Quarter 2025 Sales Volume Update
BEIJING, July 04, 2025 (GLOBE NEWSWIRE) -- Niu Technologies ('NIU', or 'the Company') (NASDAQ: NIU), the world's leading provider of smart urban mobility solutions, today provided its sales volume results for the second quarter of 2025. 2Q 2025 2Q 2024 1H 2025 1H 2024 China Market 318,719 207,552 501,784 317,667 International Markets 31,371 48,610 51,619 67,634 Total 350,090 256,162 553,403 385,301 In the second quarter of 2025, NIU sold 350,090 units, including e-motorcycles, e-mopeds, e-bicycles, kick-scooters and e-bikes. Sales in the China and international markets were 318,719 and 31,371 units, respectively. In China, we remained focused on our key product line development strategy, enhancing existing models through continuous upgrades and refining our product portfolio. These efforts resulted in an optimized product mix that appeals to a broader range of consumers and delivers a more enjoyable riding experience. During the '618 Shopping Festival,' our high-end models secured top rankings across major e-commerce platforms, including Tmall, JD and Douyin. This strong performance further solidifies NIU's position in China's premium market, appealing to riders who value design and innovation. In the international markets, we launched a comprehensive portfolio of electric motorcycles, including off-road models. Supported by an expanded distribution network, this lineup has significantly strengthened our global market position, despite ongoing challenges in the micromobility sector due to a complex and uncertain environment. Our sales volume count disclosed above is based on the delivery from our manufacturing facility, which may vary slightly from the sales volume measured from a financial accounting and reporting point of view. NIU's sales volume represents only one measure of the company's financial performance and should not be relied upon as an indicator of quarterly financial results, which depend on a variety of factors, including revenues from accessories, spare parts and services, cost of sales, operating expenses, etc. About NIU As the world's leading provider of smart urban mobility solutions, NIU designs, manufactures and sells high-performance electric motorcycles, mopeds, bicycles, as well as kick-scooters and e-bikes. NIU has a diversified product portfolio that caters to the various demands of our users and addresses different urban travel scenarios. Currently, NIU offers two model lineups, comprising a number of different vehicle types. These include (i) the electric motorcycle, moped and bicycle series, including the NQi, MQi, UQi, FQi series and others, and (ii) the micro-mobility series, including the kick-scooter series KQi and the e-bike series BQi. NIU has adopted an omnichannel retail model, integrating the offline and online channels, to sell its products and provide services to users. For more information, please visit Safe Harbor Statement This press release contains forward-looking statements. These statements are made under the 'safe harbor' provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as 'will,' 'expects,' 'anticipates,' 'aims,' 'future,' 'intends,' 'plans,' 'believes,' 'estimates,' 'likely to' and similar statements. Among other things, the business outlook and quotations from management in this announcement, as well as NIU's strategic and operational plans, contain forward-looking statements. NIU may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about NIU's beliefs, plans and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: NIU's strategies; NIU's future business development, financial condition and results of operations; NIU's ability to maintain and enhance its 'NIU' brand; its ability to innovate and successfully launch new products and services; its ability to maintain and expand its offline distribution network; its ability to satisfy the mandated safety standards relating to e-scooters; its ability to secure supply of components and raw materials used in e-scooters; its ability to manufacture, launch and sell smart e-scooters meeting customer expectations; its ability to grow collaboration with operation partners; its ability to control costs associated with its operations; general economic and business conditions in China and globally; and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in NIU's filings with the Securities and Exchange Commission. All information provided in this press release is as of the date of this press release, and NIU does not undertake any obligation to update any forward-looking statement, except as required under applicable law. For investor and media inquiries, please contact: Niu TechnologiesE-mail: ir@
Yahoo
04-07-2025
- Automotive
- Yahoo
Niu Technologies Provides Second Quarter 2025 Sales Volume Update
BEIJING, July 04, 2025 (GLOBE NEWSWIRE) -- Niu Technologies ('NIU', or 'the Company') (NASDAQ: NIU), the world's leading provider of smart urban mobility solutions, today provided its sales volume results for the second quarter of 2025. 2Q 2025 2Q 2024 1H 2025 1H 2024 China Market 318,719 207,552 501,784 317,667 International Markets 31,371 48,610 51,619 67,634 Total 350,090 256,162 553,403 385,301 In the second quarter of 2025, NIU sold 350,090 units, including e-motorcycles, e-mopeds, e-bicycles, kick-scooters and e-bikes. Sales in the China and international markets were 318,719 and 31,371 units, respectively. In China, we remained focused on our key product line development strategy, enhancing existing models through continuous upgrades and refining our product portfolio. These efforts resulted in an optimized product mix that appeals to a broader range of consumers and delivers a more enjoyable riding experience. During the '618 Shopping Festival,' our high-end models secured top rankings across major e-commerce platforms, including Tmall, JD and Douyin. This strong performance further solidifies NIU's position in China's premium market, appealing to riders who value design and innovation. In the international markets, we launched a comprehensive portfolio of electric motorcycles, including off-road models. Supported by an expanded distribution network, this lineup has significantly strengthened our global market position, despite ongoing challenges in the micromobility sector due to a complex and uncertain environment. Our sales volume count disclosed above is based on the delivery from our manufacturing facility, which may vary slightly from the sales volume measured from a financial accounting and reporting point of view. NIU's sales volume represents only one measure of the company's financial performance and should not be relied upon as an indicator of quarterly financial results, which depend on a variety of factors, including revenues from accessories, spare parts and services, cost of sales, operating expenses, etc. About NIU As the world's leading provider of smart urban mobility solutions, NIU designs, manufactures and sells high-performance electric motorcycles, mopeds, bicycles, as well as kick-scooters and e-bikes. NIU has a diversified product portfolio that caters to the various demands of our users and addresses different urban travel scenarios. Currently, NIU offers two model lineups, comprising a number of different vehicle types. These include (i) the electric motorcycle, moped and bicycle series, including the NQi, MQi, UQi, FQi series and others, and (ii) the micro-mobility series, including the kick-scooter series KQi and the e-bike series BQi. NIU has adopted an omnichannel retail model, integrating the offline and online channels, to sell its products and provide services to users. For more information, please visit Safe Harbor Statement This press release contains forward-looking statements. These statements are made under the 'safe harbor' provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as 'will,' 'expects,' 'anticipates,' 'aims,' 'future,' 'intends,' 'plans,' 'believes,' 'estimates,' 'likely to' and similar statements. Among other things, the business outlook and quotations from management in this announcement, as well as NIU's strategic and operational plans, contain forward-looking statements. NIU may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about NIU's beliefs, plans and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: NIU's strategies; NIU's future business development, financial condition and results of operations; NIU's ability to maintain and enhance its 'NIU' brand; its ability to innovate and successfully launch new products and services; its ability to maintain and expand its offline distribution network; its ability to satisfy the mandated safety standards relating to e-scooters; its ability to secure supply of components and raw materials used in e-scooters; its ability to manufacture, launch and sell smart e-scooters meeting customer expectations; its ability to grow collaboration with operation partners; its ability to control costs associated with its operations; general economic and business conditions in China and globally; and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in NIU's filings with the Securities and Exchange Commission. All information provided in this press release is as of the date of this press release, and NIU does not undertake any obligation to update any forward-looking statement, except as required under applicable law. For investor and media inquiries, please contact: Niu TechnologiesE-mail: ir@ in to access your portfolio
Yahoo
20-05-2025
- Business
- Yahoo
Niu Technologies (NIU) Q1 2025 Earnings Call Highlights: Strong Sales Growth Amidst Challenges
Total Sales Volume: 2,003,000 units, a 57.4% year-over-year growth. China Sales Volume: 183,000 units in Q1 2025. Overseas Sales Volume: 20,000 units in Q1 2025. Total Revenue: RMB682 million, a 35% increase year-over-year. Gross Margin: 17.3%, a 4.9% increase from the previous quarter. China Revenue: RMB608 million, 89% of total revenue. Overseas Revenue: RMB74 million, 11% of total revenue. Net Loss: RMB39 million, with a net loss margin of 5.7%. Adjusted Net Loss: RMB31 million, with an adjusted net loss margin of 4.6%. Operating Cash Outflow: RMB154 million. Capital Expenditure: RMB24 million, primarily due to new store openings in China. New Store Openings: 384 new stores in Q1, with 50% in tier 3 and tier 4 cities. Guidance for Q2 Revenue: Expected to be in the range of RMB1.3 billion to RMB1.4 billion, a 40% to 50% increase year-over-year. Warning! GuruFocus has detected 4 Warning Signs with NIU. Release Date: May 19, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Niu Technologies (NASDAQ:NIU) achieved a significant 57.4% year-over-year growth in total sales volume for Q1 2025. The company reported a 35% increase in total revenue, reaching RMB682 million compared to the same period last year. Gross margin improved to 17.3%, a 4.9% year-over-year increase, driven by cost reductions and product standardization. Niu Technologies (NASDAQ:NIU) expanded its retail footprint by opening 384 new stores, focusing on tier 3 and tier 4 cities in China. The company anticipates a 40% to 50% year-over-year revenue increase for Q2 2025, indicating strong future growth prospects. Niu Technologies (NASDAQ:NIU) reported a net loss of RMB39 million for Q1 2025, although this was an improvement from the previous year's loss. The average selling price (ASP) in China decreased due to a shift in product mix, impacting revenue per unit. Overseas gross margins were negatively affected by US tariffs, elevated freight costs, and aged inventory write-downs. The micro-mobility market, including kick scooters and e-bikes, experienced flat volume growth and delayed profitability turnaround. Cash position decreased to RMB963 million at the end of Q1 2025, down from RMB1.1 billion the previous year. Q: At the beginning of the year, NIU Technologies guided a 30% to 50% year-on-year growth in sales volume for 2025. Does the company still maintain this guidance? Additionally, what is the margin outlook for the upcoming quarters, and is a net profit turnaround expected in the second quarter? A: Yan Li, CEO, confirmed that the company has not changed its guidance and is on track to meet the projected growth. Fion Zhou, CFO, stated that the annual gross margin is expected to recover from last year's 15.2%, and they anticipate achieving a positive net profit margin in the upcoming quarters. Q: The average selling price (ASP) decreased quarter-over-quarter in Q1, yet the gross profit margin improved significantly. What are the reasons for this, and what is the outlook for ASP in subsequent quarters? A: Fion Zhou, CFO, explained that the ASP drop was due to the launch of new models with lower price points compared to last year's top sellers. The ASP is expected to stabilize in the following quarters, with a rebound anticipated in Q2. The gross margin improvement was attributed to cost reductions and product platform standardization, which are expected to maintain margins above 15%. Q: How is NIU Technologies' cash position expected to evolve by the end of the year, given the current trends and upcoming peak sales seasons? A: Fion Zhou, CFO, noted that Q1 typically shows the lowest cash position due to seasonal factors like the Chinese New Year. However, starting from Q2, with the peak sales season approaching, the company expects an increase in operating cash flow, leading to a higher cash position by the end of 2025 compared to the end of 2024. Q: Despite the negative impact of tariffs on overseas revenue, electric motorcycle sales have shown growth. How should we interpret the growth rate target for overseas operations under these circumstances? A: Yan Li, CEO, stated that the company anticipates significant growth in the electric motorcycle segment, projecting a 5x to 6x increase. For the micro-mobility market, moderate growth is expected, with a focus on turning around profitability despite tariff challenges. Q: What are the expectations for the overseas market, particularly in terms of growth and profitability, given the current tariff situation and market dynamics? A: Yan Li, CEO, highlighted that the electric motorcycle market is expected to experience hyper-growth with high profitability. In contrast, the micro-mobility market, including kick scooters, is expected to see moderate growth with a focus on achieving profitability, despite the tariff impacts. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
19-05-2025
- Automotive
- Yahoo
Niu Clocks 57% e-Scooter Sales Surge, But Tariffs Impact Margins
Chinese electric scooter company Niu Technologies (NASDAQ:NIU) on Monday reported fiscal first-quarter revenue growth of 35.1% year-over-year to 682.0 million Chinese yuan ($93.98 million). Revenue growth was mainly due to an increase in sales volume of 57.4%, partially offset by a decline in revenues per e-scooter of 14.2% in the quarter. The number of e-scooters sold increased by 57.4% Y/Y to 203,313, with sales in China growing by 66.2% Y/Y to 183,065. The number of e-scooters sold in the international markets was 20,248, up 6.4% Y/Y. The number of franchised stores in China was 4,119 as of March 31, 2025The quarterly gross margin declined 160 basis points Y/Y to 17.3%, mainly attributable to the international market, including changes in the product mix of kick-scooters, higher freight costs and tariffs, and inventory write-downs, partially offset by increased gross margin in the Chinese market. The operating loss for the quarter was 46.58 million Chinese yuan versus a loss of 69.32 million Chinese yuan a year ago. The company reported an adjusted net loss per ADS of 5 cents in the quarter. The company held 747.2 million Chinese yuan in cash and equivalents as of March 31, 2025. CEO Dr. Yan Li said that the company advanced its intelligent product development strategy in China by integrating automotive-grade technologies such as millimeter-wave radar, dual-channel ABS, and AI Smart Ecosystem to enhance the user experience. He added that its retail network has continued to expand in line with expectations, with new stores opening during the quarter. Dr. Li also said that the company leveraged innovation and agile infrastructure to mitigate geopolitical challenges. Outlook: Niu expects second-quarter revenues of 1.317 billion Chinese yuan ($181.50 million) to 1.411 billion Chinese yuan ($194.44 million), representing a 40% to 50% Y/Y increase. Price Action: NIU shares are trading lower by 3.92% to $3.68 premarket at last check Monday. Image by Karolis Kavolelis via Shutterstock Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? This article Niu Clocks 57% e-Scooter Sales Surge, But Tariffs Impact Margins originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Sign in to access your portfolio
Yahoo
06-05-2025
- Automotive
- Yahoo
Why Niu Technologies (NIU) Is Surging in 2025
We recently published an article titled Why These 15 Vehicles & Parts Stocks Are Surging In 2025. In this article, we are going to take a look at where Niu Technologies (NASDAQ:NIU) stands against the other vehicles and parts stocks. Certain automotive companies have held up surprisingly well in the current environment, and that's especially true with companies that supply automotive parts. The high interest rate regime was supposed to crush automotive companies across the board, and early tariffs specifically targeted countries that produced the most automotive parts for the U.S. Even then. These stocks have done well since high interest rates have made it difficult for low-income consumers to buy new cars. Instead, they have opted for repairing their existing vehicles, which has been a tailwind for automotive parts companies for the past two years. The average age of vehicles was already at a record 12.6 years in 2024, so this tailwind isn't going away anytime soon. Customers who have higher incomes have kept on buying new vehicles. It is mostly because of them that consumer spending has held up across the board. Here are the biggest winners from this trend. Even during bear markets, there are pockets of the market that perform exceptionally well. For example, I identified 15 Financial Services Stocks that are up the Most in 2025 in another article. Methodology For this article, I screened the best-performing vehicles & parts stocks year-to-date. I will also mention the number of hedge fund investors in these stocks. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here). Niu Technologies (NIU): Among EV Penny Stock From $10 to Under $1 An avid cyclist riding a sleek electric motorcycle on a rugged city street. Niu Technologies (NASDAQ:NIU) Number of Hedge Fund Holders In Q4 2024: 5 Niu Technologies (NASDAQ:NIU) is a leading provider of smart urban mobility solutions, specializing in high-performance electric motorcycles, mopeds, bicycles, kick-scooters, and e-bikes. Niu Technologies (NASDAQ:NIU) reported strong financial results on March 17, 2025, for the fourth quarter and full year 2024. Fourth-quarter revenues increased 71.1% year-over-year to RMB 819.2 million, and full-year revenues rose 24.0% year-over-year to RMB 3.3 billion.
