Niu Technologies ( NIU ) Q3 2025 Earnings Call November 17, 2025 8:00 AM EST Company Participants Kristal Li - Investor Relations Manager Yan Li - Chairman, CEO & COO Wenjuan Zhou - CFO & Director Presentation Operator Good day, ladies and gentlemen. Thank you for standing by, and welcome to the Niu Technologies Third Quarter 2025 Earnings Conference Call.
Niu Technologies (NASDAQ:NIU ) Q2 2025 Earnings Call August 11, 2025 8:00 AM ET Company Participants Kristal Li - Investor Relations Manager Wenjuan Zhou - CFO & Director Yan Li - Chairman, CEO & COO Conference Call Participants Kai Kang - Citic Securities Co., Ltd., Research Division Michael Simmonds - Unidentified Company Yating Chen - China International Capital Corporation Limited, Research Division Operator Good day, ladies and gentlemen.
We initiate coverage on NIU Technologies with a Strong Buy rating, as we believe the market significantly underestimates the margin reset and international scalability story. Our implied valuation utilizes 1.3x EV/Sales on our FY26E revenue estimate of RMB5.5bn, which supports our $14 PT. We expect NIU to post FY25E/FY26E revenue of RMB4.6bn/5.5bn on continued double digit growth despite near term ASP pressure.
| Automobiles Industry | Consumer Discretionary Sector | Yan Li CEO | NASDAQ (NMS) Exchange | 65481N100 CUSIP |
| CN Country | 642 Employees | - Last Dividend | 12 May 2011 Last Split | 19 Oct 2018 IPO Date |
Niu Technologies is a pioneering force in the smart electric transportation industry, based in Beijing, the People's Republic of China. Since its inception in 2014, the company has been at the forefront of designing, manufacturing, and selling an impressive lineup of smart electric scooters and related products. Aimed at redefining urban mobility, Niu Technologies leverages advanced technology to offer innovative solutions that are not only eco-friendly but also embedded with smart features. Through a comprehensive distribution network comprising city partners, franchised stores, distributors, and digital platforms, including its online store, Niu ensures its products and services are accessible to a wide audience. Additionally, the company's commitment to enhancing user experience is evident through its offerings of a companion app and personalized services that cater to the needs of modern riders.
Niu Technologies introduces a diverse range of smart electric scooters and motorcycles designed for urban commuters. These models are celebrated for their innovative technology, exceptional performance, and sustainable transportation solutions. With a design philosophy that emphasizes both style and functionality, each series caters to different rider preferences and needs, offering a unique blend of speed, range, and smart connectivity features.
The KQi series encompasses high-performance electric kick-scooters that blend portability with durability. Perfect for short city commutes, these kick-scooters are equipped with advanced safety features and are designed for easy maneuverability, making urban exploration both fun and safe.
Niu's BQi series offers electric bicycles that combine the traditional pedaling experience with electric propulsion, providing a seamless blend of exercise and convenience. These e-bikes are crafted for the eco-conscious consumer, looking for an efficient, yet physically engaging mode of transportation.
For the cycling enthusiasts, Niu Technologies has introduced the Niu Aero series of sports bicycles. These bicycles are designed for performance and speed, catering to both amateur and professional cyclists seeking to enhance their riding experience with cutting-edge design and technology.
Under the NIU brand, a wide spectrum of accessories and spare parts is offered, ranging from scooter essentials like raincoats, gloves, knee pads, storage options, and smartphone holders to lifestyle accessories including apparel, bags, and jewelry. Additionally, performance upgrade components such as upgraded wheels and shock absorbers are available for those looking to customize their ride.
The NIU app enriches the ownership experience by offering features like online repair requests, DIY repairs, service station locators, theft reporting, and smart check-ups. It also includes smart services such as NIU Cover, an insurance service for an added layer of security and peace of mind for its users. This comprehensive app demonstrates Niu Technologies' dedication to not just smart mobility but also to an ecosystem of smart services that cater to the modern, urban lifestyle.