Chinese electric scooter company Niu Technologies – ADR (NASDAQ:NIU) stock tanked on Monday after it reported its fourth-quarter results.
• Niu Techs shares are retreating from recent levels. What’s pressuring NIU stock?
Niu reported a quarterly revenue decline of 17.4% year-over-year (Y/Y) to 676.25 million Chinese yuan ($96.70 million), driven by a 23.8% decrease in sales volume, complemented by a 4.0% increase in revenue per e-scooter.
Adjusted EPADS loss came in at 16 cents, versus a loss of six cents a year earlier.
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Niu sold 172,763 e-scooters, down 23.8% Y/Y. The company sold 158,782 e-scooters in China, down 12.9% Y/Y. It sold 13,981 e-scooters in the international markets, down 68.4% Y/Y.
As of Dec. 31, 2025, there were 4,540 franchised stores in China.
E-scooter sales revenue from the China market was 544.8 million Chinese yuan, a 15.7% Y/Y decrease, representing 93.7% of total e-scooter revenue. The decrease was mainly due to a 12.9% decline in sales volume and a 3.2% drop in revenue per e-scooter …