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Niu Technologies

NIU

$2.46 ▲ +0.02 (+0.82%) at close

9 Visible periods

28 Metrics

Peer-ranked Benchmarks

Price Chart

Health

Poor

Bearish

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Analytical Summary

Niu Technologies faces fundamental challenges with weakness in Operating Margin (%). The fundamentals warrant careful consideration of downside risks.

Market Cap $392.9M

Dividend Yield —

Revenue Growth 36.7% ↗

Op. Margin -2.0% ↗

ROIC -6.2% ↗

FCF / Share $0.16 ↗

Trailing P/E —

Price / Book 3.0x

FCF Yield 6.4%

Debt / Equity —

info Valuation on last close. End-of-day price, Aug 7, 2026.

9-Year Financial Trajectory

Annual

Metric Value Trend Year over Year Percentile

Revenue Total top-line sales

$616.02M

↑ +36.7% —

Net Income Profit after all expenses

$-5.63M

↑ +78.7% —

Operating Margin Operating profit as % of sales

-2.0%

↑ +73.1% 24th

FCF / Share Free cash flow per share

$0.16

↑ +369.3% —

trending_up

Bullish Indicators

No bullish signals detected.

warning

Bearish Risks

Operating Margin (%)Operating Margin (%) is in the bottom quartile

Health Breakdown

Profitability ↓

Returns

Financial Health

Cash Quality

Financial view

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📈 Is growth accelerating? 6 metrics

Metric	FY 2025 Dec 31, 2025 20-F ↗	FY 2024 Dec 31, 2024 20-F ↗	FY 2023 Dec 31, 2023 20-F ↗	FY 2022 Dec 31, 2022 20-F ↗	FY 2021 Dec 31, 2021 20-F ↗	FY 2020 Dec 31, 2020 20-F ↗	FY 2019 Dec 31, 2019 20-F ↗	FY 2018 Dec 31, 2018 20-F ↗	FY 2017 Dec 31, 2017 20-F ↗
Revenue Growth YoY (%)	36.7% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+425%)	20.6% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+195%)	-18.7% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-367%)	-21.0% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-400%)	55.2% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+688%)	25.6% Excellent Excellent Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+266%)	38.8% Excellent Excellent Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+454%)	—	—
EPS Growth YoY (%)	76.5% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	29.2% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	-380.0% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	N/M	35.3% Excellent Excellent Year-over-year change in earnings per share Optimal: > 10%	-5.6% Weak Weak Year-over-year change in earnings per share Optimal: > 10%	—	—	—
Net Income Growth YoY (%)	78.7% Excellent ↑ Excellent Improving Year-over-year change in net income	30.9% Excellent ↑ Excellent Improving Year-over-year change in net income	-433.9% Weak ↓ Weak Declining Year-over-year change in net income	N/M	37.1% Excellent Excellent Year-over-year change in net income	-5.3% Weak Weak Year-over-year change in net income	N/M	—	—
FCF Growth YoY (%)	N/M	N/M	N/M	N/M	-27.8% Weak Weak Year-over-year change in free cash flow	174.6% Excellent Excellent Year-over-year change in free cash flow	—	—	—
Revenue CAGR 3Y (%)	10.3% Good ↑ Good Improving Compound annual revenue growth over 3 years	-8.1% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	-0.1% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	15.5% Excellent Excellent Compound annual revenue growth over 3 years	39.3% Excellent Excellent Compound annual revenue growth over 3 years	—	—	—	—
Revenue CAGR 5Y (%)	10.5% Good → Good Stable Compound annual revenue growth over 5 years	8.6% Good Good Compound annual revenue growth over 5 years	11.7% Good Good Compound annual revenue growth over 5 years	—	—	—	—	—	—

💰 Are margins durable? 5 metrics

Metric	FY 2025 Dec 31, 2025 20-F ↗	FY 2024 Dec 31, 2024 20-F ↗	FY 2023 Dec 31, 2023 20-F ↗	FY 2022 Dec 31, 2022 20-F ↗	FY 2021 Dec 31, 2021 20-F ↗	FY 2020 Dec 31, 2020 20-F ↗	FY 2019 Dec 31, 2019 20-F ↗	FY 2018 Dec 31, 2018 20-F ↗	FY 2017 Dec 31, 2017 20-F ↗
Operating Margin (%) (%)	-2.0% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-117%)	-7.6% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-164%)	-12.0% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-200%)	-2.8% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-123%)	6.8% Caution ↑ Caution Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-43%)	7.0% Caution ↑ Caution Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-42%)	9.0% Caution Caution Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-25%)	-21.5% Weak Weak Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-279%)	—
Effective Tax Rate (%) (%)	36.9% Weak ↑ Weak Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	10.9% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	3.6% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	30.5% Weak ↑ Weak Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	17.2% Good ↑ Good Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	11.1% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%	4.1% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%	—	—
Profit Margin (%) (%)	-0.9% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-111%)	-5.9% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-173%)	-10.3% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-228%)	-1.6% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-120%)	6.1% Caution ↑ Caution Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-24%)	6.9% Caution ↑ Caution Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-14%)	9.2% Caution Caution Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+14%)	-23.6% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-395%)	—
FCF Margin (%) (%)	4.1% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	-2.1% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	0.6% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	-3.8% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	9.0% Caution → Caution Stable Free cash flow as a percentage of revenue Optimal: > 10%	19.0% Good ↑ Good Improving Free cash flow as a percentage of revenue Optimal: > 10%	8.6% Caution Caution Free cash flow as a percentage of revenue Optimal: > 10%	-1.6% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	—
FCF / Net Income (x)	-4.45x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	0.35x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	-0.05x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	2.46x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	1.48x Good ↑ Good Improving Free cash flow relative to reported net income Optimal: > 1x	2.76x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	0.94x Caution Caution Free cash flow relative to reported net income Optimal: > 1x	0.07x Weak Weak Free cash flow relative to reported net income Optimal: > 1x	—

🎯 Is capital allocation efficient? 3 metrics

Metric	FY 2025 Dec 31, 2025 20-F ↗	FY 2024 Dec 31, 2024 20-F ↗	FY 2023 Dec 31, 2023 20-F ↗	FY 2022 Dec 31, 2022 20-F ↗	FY 2021 Dec 31, 2021 20-F ↗	FY 2020 Dec 31, 2020 20-F ↗	FY 2019 Dec 31, 2019 20-F ↗	FY 2018 Dec 31, 2018 20-F ↗	FY 2017 Dec 31, 2017 20-F ↗
Return on Invested Capital (%)	-6.2% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-24.0% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-28.0% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-4.7% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	16.5% Excellent ↑ Excellent Improving Return earned on debt + equity capital invested Optimal: > 10%	15.3% Excellent ↑ Excellent Improving Return earned on debt + equity capital invested Optimal: > 10%	22.6% Excellent Excellent Return earned on debt + equity capital invested Optimal: > 10%	-44.0% Weak Weak Return earned on debt + equity capital invested Optimal: > 10%	—
Return on Capital (%) (%)	-3.0% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-9.6% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-14.5% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-3.5% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	10.3% Good ↑ Good Improving Operating profit relative to total assets Optimal: > 10%	9.2% Fair ↑ Fair Improving Operating profit relative to total assets Optimal: > 10%	12.4% Good Good Operating profit relative to total assets Optimal: > 10%	-26.8% Weak Weak Operating profit relative to total assets Optimal: > 10%	—
Return on Common Equity (%) (%)	-4.4% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-122%)	-20.7% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-204%)	-24.9% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-224%)	-3.8% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-119%)	17.9% Good ↑ Good Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-11%)	17.0% Good ↑ Good Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-15%)	24.0% Excellent Excellent Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+20%)	-61.2% Weak Weak Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-406%)	—

⚖️ Is the balance sheet risky? 2 metrics

Metric	FY 2025 Dec 31, 2025 20-F ↗	FY 2024 Dec 31, 2024 20-F ↗	FY 2023 Dec 31, 2023 20-F ↗	FY 2022 Dec 31, 2022 20-F ↗	FY 2021 Dec 31, 2021 20-F ↗	FY 2020 Dec 31, 2020 20-F ↗	FY 2019 Dec 31, 2019 20-F ↗	FY 2018 Dec 31, 2018 20-F ↗	FY 2017 Dec 31, 2017 20-F ↗
Interest Coverage (x)	-14.96x Weak ↑ Weak Improving Operating income divided by interest expense Optimal: > 5x	-45.90x Weak ↑ Weak Improving Operating income divided by interest expense Optimal: > 5x	-222.99x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	-15.62x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	40.94x Excellent ↑ Excellent Improving Operating income divided by interest expense Optimal: > 5x	23.12x Excellent ↑ Excellent Improving Operating income divided by interest expense Optimal: > 5x	16.38x Excellent Excellent Operating income divided by interest expense Optimal: > 5x	-41.11x Weak Weak Operating income divided by interest expense Optimal: > 5x	—
Net Debt (USD)	$-132.24M	$-86.31M	$-122.90M	$-77.46M	$-32.70M	—	—	—	—

📊 What does each share earn? 6 metrics

Metric	FY 2025 Dec 31, 2025 20-F ↗	FY 2024 Dec 31, 2024 20-F ↗	FY 2023 Dec 31, 2023 20-F ↗	FY 2022 Dec 31, 2022 20-F ↗	FY 2021 Dec 31, 2021 20-F ↗	FY 2020 Dec 31, 2020 20-F ↗	FY 2019 Dec 31, 2019 20-F ↗	FY 2018 Dec 31, 2018 20-F ↗	FY 2017 Dec 31, 2017 20-F ↗
Revenue per Share (USD)	$3.86	$2.84	$2.38	$2.96	$3.78	$2.48	$2.00	—	—
Basic EPS, GAAP (USD)	$-0.04	$-0.17	$-0.24	$-0.05	$0.23	$0.17	$0.18	—	—
Free Cash Flow per Share (USD)	$0.16	$-0.06	$0.01	$-0.11	$0.34	$0.47	$0.17	—	—
Book Value per Share (USD)	$0.81	$0.81	$0.98	$1.22	$1.29	$1.01	$0.76	—	—
Tangible Book Value per Share (USD)	$0.81	$0.81	$0.98	$1.22	$1.29	$1.01	$0.76	—	—
Basic Weighted Avg Shares (shares)	159.71M	158.46M	156.82M	155.18M	153.67M	150.90M	149.03M	—	26.30M

🏦 How resilient is the balance sheet? 2 metrics

Metric	FY 2025 Dec 31, 2025 20-F ↗	FY 2024 Dec 31, 2024 20-F ↗	FY 2023 Dec 31, 2023 20-F ↗	FY 2022 Dec 31, 2022 20-F ↗	FY 2021 Dec 31, 2021 20-F ↗	FY 2020 Dec 31, 2020 20-F ↗	FY 2019 Dec 31, 2019 20-F ↗	FY 2018 Dec 31, 2018 20-F ↗	FY 2017 Dec 31, 2017 20-F ↗
Working Capital (USD)	$51.03M	$70.95M	$97.14M	$118.79M	$120.33M	$111.06M	$88.74M	$76.03M	—
Total Equity (USD)	$129.40M	$127.59M	$154.03M	$189.95M	$198.44M	$152.24M	$113.70M	$82.96M	—

📋 What is driving earnings? 4 metrics

Metric	FY 2025 Dec 31, 2025 20-F ↗	FY 2024 Dec 31, 2024 20-F ↗	FY 2023 Dec 31, 2023 20-F ↗	FY 2022 Dec 31, 2022 20-F ↗	FY 2021 Dec 31, 2021 20-F ↗	FY 2020 Dec 31, 2020 20-F ↗	FY 2019 Dec 31, 2019 20-F ↗	FY 2018 Dec 31, 2018 20-F ↗	FY 2017 Dec 31, 2017 20-F ↗
Sales/Revenue/Turnover (USD)	$616.02M	$450.49M	$373.49M	$459.40M	$581.32M	$374.61M	$298.24M	$214.93M	—
Depreciation Expense (USD)	$15.87M	$16.73M	$20.85M	$20.69M	$14.98M	$7.70M	$4.66M	$2.75M	—
Net Income, GAAP (USD)	$-5.63M	$-26.47M	$-38.29M	$-7.17M	$35.44M	$25.85M	$27.30M	$-50.76M	—
Operating Cash Flow (USD)	$50.52M	$7.16M	$13.20M	$-17.67M	$52.44M	$71.36M	$25.67M	$1.13M	—

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bar_chart Data from SEC EDGAR XBRL filings

Synced 1 week ago 9 years · 9 quarters

Niu Technologies

Analytical Summary

9-Year Financial Trajectory

Bullish Indicators

Bearish Risks

Health Breakdown

Statement lens

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