Ninebot H1 Revenue Up 22% to RMB 14.358 Billion, Net Profit Down 18.79% on FX Losses
Ninebot reported first-half 2026 revenue of RMB 14.358 billion, up 22.28% year-on-year, while net profit attributable to shareholders fell 18.79% to RMB 1.008 billion. The company attributed the profit decline to exchange losses from currency fluctuations in the period, versus exchange gains in the same period of 2025. Sales scale expanded further, supporting revenue growth. Basic earnings per share were RMB 14.
Ninebot disclosed its 2026 half-year report. During the reporting period, the company achieved operating revenue of RMB 14.358 billion, a year-on-year increase of 22.28%; net profit attributable to shareholders of the listed company was RMB 1.008 billion, a year-on-year decrease of 18.79%; basic earnings per share were RMB 14.
The company stated that operating revenue increased year-on-year during the reporting period, with sales scale further expanding. The decline in profit was mainly due to exchange losses arising from currency fluctuations in the period, whereas the same period in 2025 recorded exchange gains.