Niu Technologies (NIU) Return on Capital Employed [ROCE] (2018 - 2026)
Niu Technologies' Return on Capital Employed [ROCE] came in at -42.08% for Q2 2026, down 9.51 percentage points from -32.57% a year earlier and down 21.73 percentage points from the prior quarter.
Niu Technologies (NIU) Return on Capital Employed [ROCE] (2018 - 2026) Analysis & Trends
For FY2025, Niu Technologies' Return on Capital Employed [ROCE] was -11.86%, up 20.27 percentage points from FY2024.
- Return on Capital Employed [ROCE] carries a five-year change of -32.98 percentage points (FY2020 to FY2025).
- Going back by year, Return on Capital Employed [ROCE] was -32.13% in FY2024 (-8.24 pp), -23.89% in FY2023 (-17.49 pp), -6.39% in FY2022 (-31.81 pp) and 25.42% in FY2021 (+4.30 pp).
- The Q2 2026 figure represents the lowest quarterly Return on Capital Employed [ROCE] since Q1 2019.
- Year-over-year, Return on Capital Employed [ROCE] increased in six of the last seven quarters, with an average year-over-year change of +7.43 percentage points.
- The fastest year-over-year change in Return on Capital Employed [ROCE] over five years came in Q3 2025 (a gain of 25.09 percentage points), and the weakest in Q3 2022 (a drop of 24.85 percentage points).
- Business Quant data shows NIU's Return on Capital Employed [ROCE] at -20.35% (Q1 2026), -7.66% (Q4 2025) and -8.42% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,199.60 Bn | 1,034.16 Bn | 4.75 Bn | 3.95% |
| 2 | Toyota Motor | 237.87 Bn | -168.87 Bn | 20.95 Bn | 2.97% |
| 3 | Ferrari | 144.10 Bn | 136.55 Bn | 1.18 Bn | - |
| 4 | Honda Motor | 142.11 Bn | 9.49 Bn | 8.46 Bn | 2.00% |
| 5 | General Motors | 68.70 Bn | -36.17 Bn | 7.33 Bn | 0.98% |
| 6 | Ford Motor | 47.39 Bn | -95.07 Bn | 6.08 Bn | -3.99% |
| 7 | Rivian Automotive | 19.48 Bn | -3.81 Bn | 179.00 Mn | -31.93% |
| 8 | Magna International | 18.09 Bn | 15.65 Bn | 1.61 Bn | - |
| 9 | Stellantis | 12.78 Bn | -153.22 Bn | 5.55 Bn | -0.99% |
| 10 | Niu Technologies | 147.07 Mn | -539.49 Mn | 33.95 Mn | -42.08% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -42.08% |
| Mar 31, 2026 | -20.35% |
| Dec 31, 2025 | -7.66% |
| Sep 30, 2025 | -8.42% |
| Jun 30, 2025 | -32.57% |
| Mar 31, 2025 | -22.84% |
| Dec 31, 2024 | -22.63% |
| Sep 30, 2024 | -33.51% |
| Jun 30, 2024 | -39.47% |
| Mar 31, 2024 | -32.82% |
| Dec 31, 2023 | -24.70% |
| Mar 31, 2023 | -8.72% |
| Dec 31, 2022 | -6.30% |
| Sep 30, 2022 | 0.42% |
| Jun 30, 2022 | 9.14% |
| Mar 31, 2022 | 15.73% |
| Dec 31, 2021 | 18.14% |
| Sep 30, 2021 | 25.27% |
| Jun 30, 2021 | 23.97% |
| Mar 31, 2021 | 18.57% |
Niu Technologies Return on Capital Employed [ROCE] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-capital-employed-%5Broce%5D&ticker=NIU&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "NIU", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=return-on-capital-employed-%5Broce%5D&ticker=NIU&period=max&api_key=YOUR_API_KEY");
const data = await res.json();