Shares of Niu Technologies (NIU) are soaring 9.77% in pre-market trading on Monday following the release of its impressive third-quarter 2025 financial results. The Chinese electric scooter maker reported significant year-over-year growth and a return to profitability, sparking investor optimism.
Niu Technologies announced a remarkable 65.4% increase in Q3 revenue, reaching RMB 1,693.9 million (approximately $237.94 million). The company's bottom line showed a dramatic improvement, with a net income of RMB 81.7 million, compared to a net loss of RMB 40.9 million in the same period last year. Gross margin also saw a substantial boost, climbing to 21.8% from 13.8% in Q3 2024.
The strong performance was primarily driven by Niu's success in the Chinese market. Dr. Yan Li, CEO of Niu Technologies, highlighted an impressive 74.2% year-on-year growth in e-scooter sales volume in China during the quarter. This growth was attributed to the company's compelling product portfolio and successful store expansion strategy. However, it's worth noting that international sales declined 73.0% year-over-year, indicating some challenges in overseas markets.
Looking ahead, Niu provided a positive outlook for Q4 2025, projecting revenues between RMB 737 million and RMB 901 million, representing a potential year-over-year growth of up to 10%. This forward-looking guidance, combined with the strong Q3 results, appears to be driving the pre-market surge in Niu's stock price as investors anticipate continued growth and profitability.
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