Profile
Sector:
Consumer CyclicalIndustry:
Auto ManufacturersCountry:
ChinaIPO:
19 October 2018Website:
http://www.niu.comNext earnings report:
14 August 2024Last dividends:
N/ANext dividends:
N/APrice
after hours | Wed, 03 Jul 2024 20:15:22 GMTDividend
Analysts recommendations
Institutional Ownership
NIU Latest News
Niu Technologies, the world's leading provider of smart urban mobility solutions, today provides its sales volume results for the second quarter 2024.
-- In the first quarter of 2024, Niu Technologies reported revenues of RMB 504.7 million, a 21.0% increase compared to the same period last year. The net loss for the quarter was RMB 54.8 million, an improvement from the net loss of RMB 60.3 million in the first quarter of 2023. The CEO, Dr. Yan Li, noted the strong reception of the company's new products in the domestic market since their launch in February.
The electric vehicle industry has had a difficult year. Valuations have tumbled as investors have begun to ask more questions about long-term pricing and competition within the industry.
Niu Technologies is an innovative leader in electric scooters with strong growth potential. The market has overlooked Niu Technologies, but their international expansion plans are likely to drive strong profitability. Profits are expected to roll in within 2-3 years, rewarding patient investors with a potential stock price increase.
Niu Technologies (NIU) Q4 2023 Earnings Call Transcript
BEIJING, Feb. 19, 2024 (GLOBE NEWSWIRE) -- Niu Technologies (“NIU” or “the Company”) (NASDAQ: NIU), the world's leading provider of smart urban mobility solutions, today announced that it will report its financial results for the fourth quarter and full year 2023 before the U.S. market opens on Monday, March 18, 2024.
NIU sells 137,476 units of vehicles in the fourth quarter of 2023, down from 138,279 units sold in the corresponding quarter of 2022.
Sales for Q3 2023 decreased 17% YoY. Despite setbacks, Niu Technologies should be able to resume growth, and soon. NIU's niche in the premium segment and valuation are a draw.
BEIJING, Oct. 23, 2023 (GLOBE NEWSWIRE) -- Niu Technologies (“NIU” or “the Company”) (NASDAQ: NIU), the world's leading provider of smart urban mobility solutions, today announced that it will report its financial results for the third quarter ended September 30, 2023 before the U.S. market opens on Monday, November 20, 2023.
BEIJING, July 19, 2023 (GLOBE NEWSWIRE) -- Niu Technologies (“NIU” or “the Company”) (NASDAQ: NIU), the world's leading provider of smart urban mobility solutions, today announced that it will report its financial results for the second quarter 2023 before the market opens on Monday, Aug 14, 2023.
What type of business is Niu Technologies?
Niu Technologies designs, manufactures, and sells smart electric scooters in the People's Republic of China. The company offers NQi, MQi, UQi, and Gova series electric scooters and motorcycles; KQi series electric kick-scooters; NIU Aero and BQi series e-bikes; RQi and TQi series high-performance motorcycles; and YQi series hybrid motorcycles. It also provides accessories and spare parts under the NIU brand name comprising scooter accessories, such as raincoats, gloves, knee pads, storage baskets and tail boxes, smart phone holders, backrests, and locks; lifestyle accessories, which includes T-shirts, coats, sweaters and hoodies, jeans, hats, bags, jewelry, notebook, badges, key chain, and mugs; and performance upgrade components that comprises of upgraded wheels, shock absorbers, brake calipers, and carbon fiber body panels. In addition, the company, through its NIU app, offers online repair request, DIY repairs, service station locator, theft reporting, and smart services, as well as NIU cover, which provides insurance services; NIU Care that offers maintenance and reserve services in offline service stations; and NIU Wash, which provides free wash coupon on a monthly basis. Niu Technologies sells and services its products through city partners and franchised stores, distributors, and third-party e-commerce platforms and the company's online store. As of December 31, 2021, it operated through 338 city partners and 3,108 franchised stores in approximately 239 cities in the People's Republic of China; and 42 distributors in 50 countries internationally. Niu Technologies was incorporated in 2014 and is headquartered in Beijing, the People's Republic of China.
What sector is Niu Technologies in?
Niu Technologies is in the Consumer Cyclical sector
What industry is Niu Technologies in?
Niu Technologies is in the Auto Manufacturers industry
What country is Niu Technologies from?
Niu Technologies is headquartered in China
When did Niu Technologies go public?
Niu Technologies initial public offering (IPO) was on 19 October 2018
What is Niu Technologies website?
https://www.niu.com
Is Niu Technologies in the S&P 500?
No, Niu Technologies is not included in the S&P 500 index
Is Niu Technologies in the NASDAQ 100?
No, Niu Technologies is not included in the NASDAQ 100 index
Is Niu Technologies in the Dow Jones?
No, Niu Technologies is not included in the Dow Jones index
When does Niu Technologies report earnings?
The next expected earnings date for Niu Technologies is 14 August 2024