NASDAQ$NIU

Niu Technologies-ADR · Q4 2024 earnings

Q4 2024 earnings · · Before market open · Investor relations

Briefing

Niu Technologies reported Q4 2024 a net loss of CNY 193.2M.

For Q4 2024, Niu Technologies reported net loss was CNY 193.2M. Management discusses segment trends, liquidity, and outlook in the quarterly filing.

  • Net loss CNY 193.2M.
  • MD&A highlights operating priorities, liquidity, and sector risks.
  • MD&A highlights operating priorities, liquidity, and sector risks.

Headline financials

Total Revenue

¥112M

Previous: ¥66.2M+69.5%
EPS (adj)

-¥0.11

Previous: -¥0.23+52.2%
Total e-scooters sold

226.6K

No prior period
China e-scooters sold

182.3K

No prior period
Intl. e-scooters sold

44.3K

No prior period
Gross margin

12.4%

No prior period
Operating expenses

¥193M

No prior period
Net Income

-¥193M

Previous: -¥18M-972.9%
Operating Income

-¥12.4M

Previous: -¥21.5M+42.2%
Gross Profit

¥14M

Previous: ¥12.6M+11.1%

Revenue & EPS history

Niu · Revenue · Quarterly

¥112M

Q4 2024+69.5%vs Q4 2023
Beat estimate in 3 of 14 quarters(21%)
ActualEstimate

Revenue by segment

Niu · ¥1.69B total across 3 segments · Q3 2025

  • E-scooter sales — China
    ¥1.48B
  • Accessories, spare parts and services
    ¥145M
  • E-scooter sales — International
    ¥67M

Forward guidance

Outlook focuses on user growth, credit quality, and macro conditions in China and international markets.

Tailwinds

  • Scale and platform engagement can support revenue when macro stabilizes.
  • Diversified segments and liquidity provide flexibility.

Headwinds

  • Regulatory and FX headwinds may pressure reported growth.
  • Competitive pricing and funding costs affect margins.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2024

Historical avgQ4 2024

-1.9%

Avg return

Earnings day

-1.5%

Avg return

5 days after

-1.5%

Avg return

30 days after

35%

11 / 31 earnings

Positive

+29.0%

Q4 2024

Best reaction

-19.7%

Q4 2026

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026-19.7%+1.8%+12.7%
Q3 2025-6.5%-15.2%-24.4%
Q2 2025+2.1%+32.0%+7.4%
Q1 2025-12.5%+5.7%+1.3%
Q4 2024+29.0%+42.3%+5.9%
Q3 2024-8.0%-7.0%-13.1%
Q2 2024+1.1%+0.0%-1.1%
Q1 2024-13.4%-15.9%-25.5%
Q4 2023-1.7%-5.6%+15.2%
Q3 2023+8.9%+0.0%-9.3%
Q2 2023-10.6%-18.0%-19.9%
Q1 2023+8.1%-2.5%+0.2%
Q4 2022-6.3%-3.5%-7.3%
Q3 2022-13.9%-7.4%+56.4%
Q2 2022-7.4%-15.9%-29.2%
Q1 2022-11.3%-1.0%-1.5%
Q4 2021-10.6%-20.0%-0.9%
Q3 2021-15.4%-17.8%-33.9%
Q2 2021+14.4%+17.2%+26.3%
Q1 2021+3.4%+4.2%+9.5%
Q4 2020+14.8%+24.1%+8.9%
Q3 2020-7.4%-11.6%-17.5%
Q2 2020-3.3%-3.1%-3.5%
Q1 2020+17.0%+11.4%+43.5%
Q4 2019+2.4%-10.9%-9.2%
Q3 2019-0.3%+0.6%-4.0%
Q2 2019-6.8%-14.2%-6.0%
Q1 2019+0.0%-2.1%-27.8%
Q4 2017-8.0%-18.1%-25.8%
Q4 2018-3.1%-3.2%+41.0%
Q3 2018+5.9%+6.1%-15.5%
Q2 2018
Q1 2018
Q3 2017
Q2 2017
Q1 2017

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