Niu Technologies American Depositary Shares (NIU)

FairStock Score: 35/100 — MIXED

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

As a Buffett-Graham investor, I look for a durable business bought at a sensible price. Niu designs and sells electric scooters, e-bikes, and micro-mobility products in China, Europe, and elsewhere. The category is competitive, and the financials show why caution is warranted. In fiscal Q2 2026, revenue was $1.4B and net income was -$102.2M, a -7.10% net margin. Revenue growth was -17.45% and profit growth was -21.47%. The company is unprofitable, with EPS of -$0.37 and a FairStock-calculated P/E of -5.14. FairStock calculations also show ROE of -24.98% and ROCE of -4.63%, so it earns negative returns on equity and capital. The balance sheet has D/E of 0.31, which is not alarming, but the Altman Z-Score of -0.13 signals financial distress risk, and the Piotroski F-Score of 3/9 is weak. At the 2026-10-13 close of $1.90, P/B is 1.44, meaning the market pays a modest premium to book value for a loss-making, shrinking enterprise. The FairStock Score is 35/100, also suggesting little margin of safety. There is no dividend, and FairStock's Lynch category is none because only 0 year of filed results is available and 3 are needed. A wide competitive moat is not evident. Growth is negative. The stock is near its 52-week low of $1.79, but cheapness alone is not enough. I would want evidence of stabilized revenue, positive cash flow, and a clearer competitive advantage before calling this a Graham-style bargain. Until then, it looks like a speculative turnaround, not a value investment.

In plain English: Niu Technologies makes electric scooters, e-bikes, and related gear, mostly in China but also in Europe and other places. The business looks weak right now because it is losing money and sales are falling. At $1.90 a share, the price does not look like a safe bargain since the company is not earning a profit; it looks more like a troubled company that needs a turnaround.

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Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer