Mobility solutions firm NIU Technologies' Q3 revenue rises on higher e-scooter sales

Reuters11-17

Mobility solutions firm NIU Technologies' Q3 revenue rises on higher e-scooter sales

Overview

NIU Q3 revenue grows 65.4% yr/yr, driven by 49.1% increase in sales volume
Company reports Q3 net income of RMB 81.7 mln, reversing last yr's net loss
Gross margin improves to 21.8% from 13.8% in prior year

Outlook

Company expects Q4 2025 revenue between RMB 737 mln and RMB 901 mln
Company advancing channel expansion and product transition strategies

Result Drivers

CHINA SALES GROWTH - 74.2% increase in e-scooter sales volume in China driven by product portfolio and store expansion, per CEO Dr. Yan Li
INTERNATIONAL SALES DECLINE - E-scooter sales in international markets fell 73.0% year-over-year due to reduced sales volume and lower revenues per e-scooter
GROSS MARGIN IMPROVEMENT - Gross margin increased to 21.8% from 13.8% due to higher e-scooter sales and cost-reduction initiatives in China

Key Details

Metric	Beat/Miss	Actual	Consensus Estimate
Q3 Revenue		RMB 1.69 bln
Q3 Adjusted Net Income		RMB 88.40 mln
Q3 Net Income		RMB 81.70 mln
Q3 Gross Margin		21.80%
Q3 Operating Expenses		RMB 297.10 mln

Press Release: ID:nGNX6gXc8y

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.</p><p>(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"NIU","symbol_name":"小牛电动","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251117:nL1N3WT08P:1","article_id":"2584645924","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2584645924","pubTimestamp":1763370676,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Mobility solutions firm NIU Technologies' Q3 revenue rises on higher e-scooter salesOverviewNIU Q3 revenue grows 65.4% yr/yr, driven by 49.1% increase in sales volumeCompany reports Q3 net income of R","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"NIU":"小牛电动","BK4091":"摩托车制造商","BK4555":"新能源车","BK4558":"双十一"},"translate_title":"移动解决方案公司小牛电动第三季度收入因电动滑板车销量增加而增长","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NIU":0.9},"content_text":"Mobility solutions firm NIU Technologies' Q3 revenue rises on higher e-scooter salesOverviewNIU Q3 revenue grows 65.4% yr/yr, driven by 49.1% increase in sales volumeCompany reports Q3 net income of RMB 81.7 mln, reversing last yr's net lossGross margin improves to 21.8% from 13.8% in prior yearOutlookCompany expects Q4 2025 revenue between RMB 737 mln and RMB 901 mlnCompany advancing channel expansion and product transition strategiesResult DriversCHINA SALES GROWTH - 74.2% increase in e-scooter sales volume in China driven by product portfolio and store expansion, per CEO Dr. Yan LiINTERNATIONAL SALES DECLINE - E-scooter sales in international markets fell 73.0% year-over-year due to reduced sales volume and lower revenues per e-scooterGROSS MARGIN IMPROVEMENT - Gross margin increased to 21.8% from 13.8% due to higher e-scooter sales and cost-reduction initiatives in ChinaKey DetailsMetricBeat/MissActualConsensus EstimateQ3 RevenueRMB 1.69 blnQ3 Adjusted Net IncomeRMB 88.40 mlnQ3 Net IncomeRMB 81.70 mlnQ3 Gross Margin21.80%Q3 Operating ExpensesRMB 297.10 mlnPress Release: ID:nGNX6gXc8yFor questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.9","shortVersion":"4.35.9","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2584645924","isCrawlerRequest":true}