Niu(US:NIU) 智通财经网·2025-08-11 11:54Core Insights - Niu Technologies reported Q2 2025 revenue of 1.2557 billion RMB, a year-on-year increase of 33.5% [1] - The company achieved a net profit of 5.9 million RMB, compared to a net loss of 24.9 million RMB in the same period last year [1] - The gross margin improved to 20.1%, up from 17.0% in Q2 2024, driven by increased sales of electric scooters and improved margins in the Chinese market [1] Revenue and Sales Performance - Q2 2025 revenue was 1.2557 billion RMB, reflecting a 33.5% year-on-year growth [1] - The total electric scooter sales reached 350,090 units, a 36.7% increase year-on-year [1] - Sales in China amounted to 318,719 units, up 53.6% year-on-year, while international sales decreased by 35.5% to 31,371 units [1] Profitability Metrics - Net profit for Q2 2025 was 5.9 million RMB, a significant turnaround from a net loss of 24.9 million RMB in the previous year [1] - Earnings per ADS were 0.07 RMB, compared to a loss of 0.31 RMB per ADS in the same quarter last year [1] Operational Highlights - As of June 30, 2025, the number of franchise stores in China reached 4,304 [1] - The international sales network included 57 distributors across 53 countries [1] Financial Position - As of June 30, 2025, the company held cash and cash equivalents, time deposits, and short-term investments totaling 1.2266 billion RMB [1] - The company had restricted cash of 214.8 million RMB and short-term bank borrowings of 220 million RMB [1] Future Guidance - Niu Technologies expects Q3 2025 revenue to be between 1.433 billion RMB and 1.638 billion RMB, representing a year-on-year growth of 40% to 60% [2]