Niu Technologies ( NIU ) NASDAQ Global Market

Cena: 3.4 ( -4.49% )

Aktualizacja 06-26 22:00
NASDAQ Global Market
Branża: Auto - Manufacturers

Notowania:


Informacje o spółce:
Sektor: Dobra konsumpcyjne – cykliczne
Branża: Auto - Manufacturers
Zatrudnienie: 550
Giełda: NASDAQ Global Market
Ilość akcji w obrocie: 100%
Ilość akcji: 68 859 771
Debiut giełdowy: 2018-10-19
WWW: https://www.niu.com
CEO: Dr. Yan Li Ph.D.
Adres: No.1 Building
Siedziba: 102208 Beijing
ISIN: US65481N1000
Opis firmy:

NIU Technologies projektuje, produkuje i sprzedaje inteligentne skutery elektryczne w Chińskiej Republice Ludowej. Firma oferuje skutery elektryczne i motocykle NQI, MQI, UQI i Gova; Elektryczne kick-scooters z serii KQI; NIU Aero i BQI Series E-Bikes; Wysoko wydajne motocykle serii RQI i TQI; i hybrydowe motocykle serii YQI. Zapewnia również akcesoria i części zamienne pod marką NIU zawierającą akcesoria skuterów, takie jak płaszcze przeciwdeszczowe, rękawiczki, podkładki do kolan, koszyki do przechowywania i skrzynki ogonowe, uchwyty na smartfony, oparcia i zamki; Akcesoria stylu życia, które obejmują koszulki, płaszcze, swetry i bluzy, dżinsy, czapki, torby, biżuterię, notatnik, odznaki, łańcuch i kubki; oraz komponenty ulepszania wydajności, które obejmują ulepszone kółki, amortyzatory, zaciski hamulcowe i panele z włókna węglowego. Ponadto firma za pośrednictwem aplikacji NIU oferuje żądanie naprawy online, naprawy DIY, lokalizator stacji serwisowej, raportowanie kradzieży i inteligentne usługi, a także okładkę NIU, która świadczy usługi ubezpieczeniowe; NIU Care, która oferuje usługi konserwacyjne i rezerwowe na stacjach usług offline; oraz NIU Wash, który oferuje bezpłatny kupon WASH co miesiąc. NIU Technologies sprzedaje i obsługuje swoje produkty za pośrednictwem miejskich partnerów i sklepów franczyzowych, dystrybutorów i zewnętrznych platform e-commerce oraz sklepu internetowego firmy. Na dzień 31 grudnia 2021 r. Działał przez 338 partnerów miejskich i 3 108 sklepów franczyzowych w około 239 miastach w Chińskiej Republice Ludowej; oraz 42 dystrybutorów w 50 krajach na arenie międzynarodowej. NIU Technologies został zarejestrowany w 2014 roku i ma siedzibę w Pekinie, Chińskiej Republice Ludowej.

Wskaźniki finansowe
Kapitalizacja (USD) 265 077 590
Aktywa: 2 827 153 893
Cena: 3.4
Wskaźnik Altman Z-Score: 0.5
Słaby (wysokie ryzyko bankructwa)
Dywidenda: 0
P/E: -11.0
Ilość akcji w obrocie: 100%
Średni wolumen: 1 276 420
Ilość akcji 77 963 997
Wskaźniki finansowe
Przychody TTM 2 947 804 461
Zobowiązania: 1 839 471 020
Przedział 52 tyg.: 1.65 - 4.9
Piotroski F-Score: 2
Słaby (niska jakość finansowa)
EPS: -0.3
P/E branży: 10.8
Beta: 0.509
Raport okresowy: 2025-08-18
WWW: https://www.niu.com
Zarząd
Imie i Nazwisko Stanowisko Wynagrodzenie Rok urodzenia
Kristal Li Investor Relations Manager 0 0
Dr. Yan Li Ph.D. Chairman, Chief Executive Officer & Chief Operating Officer 0 1980
Ms. Wenjuan Zhou Chief Financial Officer & Director 0 1985
Mr. Kai Yang Vice President of Design 0 0
Mr. Bin Zhou Vice President of Product 0 0
Wiadomości dla Niu Technologies
Tytuł Treść Źródło Aktualizacja Link
Generac Power Systems ($GNRC) | Joby Aviation ($JOBY) | ECARX ($ECX) | Niu Technologies ($NIU) Welcome to the Green Stock News brief for Tuesday April 29th. Here are today's top headlines: Mean Green, a Generac Power Systems (NYSE: GNRC) company, has launched the Vanquish Autonomous, the world's first commercial-grade electric stand-on autonomous mower, offering up to eight hours of runtime with a 60" mulching deck and Greenzie self-driving technology. youtube.com 2025-04-29 13:02:55 Czytaj oryginał (ang.)
NIU Unveils Latest Electric Scooter Lineup with Enhanced Power and Extended Range for Urban Mobility LOS ANGELES, April 28, 2025 (GLOBE NEWSWIRE) -- Niu Technologies (“NIU”, or “the Company”) (NASDAQ: NIU), the world's leading provider of smart urban mobility solutions, today announced the launch of the KQi 200 Series, two new electric scooters designed to deliver premium performance and comfort at an accessible price. Available starting today at select Best Buy stores and online, the KQi 200 Series builds upon the success of the KQi2 Pro model, offering an elevated, affordable experience with an upgraded motor, extended range and a minimalist yet sturdy frame. This scooter lineup is designed for the daily commuters and adventure seekers, redefining what's possible in electric mobility. globenewswire.com 2025-04-28 15:08:00 Czytaj oryginał (ang.)
Crisis And Opportunity In Auto Makers The auto industry is in distress but not extreme distress; stable companies with low valuations like Toyota, Honda, and Li Auto are likely to outperform. Despite recent selloffs, markets remain richly priced; value investing may now have a chance to redeem itself, especially in distressed industries. Established automakers face declining margins and sales, while newer EV manufacturers see rising sales but flat or negative profits. seekingalpha.com 2025-04-22 15:49:08 Czytaj oryginał (ang.)
Niu Technologies to Report First Quarter 2025 Financial Results on May 19, 2025 BEIJING, April 21, 2025 (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 first quarter 2025 before the U.S. market opens on Monday, May 19, 2025. globenewswire.com 2025-04-21 08:00:00 Czytaj oryginał (ang.)
Niu Technologies Files Its Annual Report on Form 20-F BEIJING, April 18, 2025 (GLOBE NEWSWIRE) -- Niu Technologies (“NIU”, or “the Company”) (NASDAQ: NIU), the world's leading provider of smart urban mobility solutions, today announced it filed its annual report on Form 20-F for the fiscal year ended December 31, 2024 with the U.S. Securities and Exchange Commission. The annual report on Form 20-F can be accessed on the Company's investor relations website at ir.niu.com. globenewswire.com 2025-04-18 10:30:00 Czytaj oryginał (ang.)
Niu Technologies Ranks First in China's Two-Wheeler Segment in S&P Global ESG Rankings BEIJING, April 17, 2025 (GLOBE NEWSWIRE) -- Niu Technologies (“NIU”, or “the Company”) (NASDAQ: NIU), the world's leading provider of smart urban mobility solutions, today announced significant advancements in its Environmental, Social, and Governance (ESG) performance for 2024. NIU's S&P Global ESG Score rose by 14 points year-over-year to 43, ranking the top position in China's two-wheeler segment. In the S&P Global Corporate Sustainability Assessment (CSA), NIU outperformed 68% of global automotive companies. Notably, the Company also became one of the first electric two-wheeler companies in China to proactively participate in CDP's environmental assessment, a global non-profit that runs the world's only independent environmental disclosure system for companies, capital markets, cities, states and regions to manage their environmental impacts. With a strategic focus on data transparency and responsible management, NIU continues to set new benchmarks for sustainable development in the industry. globenewswire.com 2025-04-17 08:16:00 Czytaj oryginał (ang.)
Niu Technologies Stock Still Up 70% YTD, Despite Tariff Gloom The electric scooter maker's China unit sales rose 66% in the first quarter, while its global sales grew by just 6% on tariff headwinds benzinga.com 2025-04-08 13:08:49 Czytaj oryginał (ang.)
Niu Technologies Q1 Sales Volume Surge 57% On Solid China Demand Chinese electric scooter company Niu Technologies NIU disclosed its sales volume results for the first-quarter. benzinga.com 2025-04-04 11:51:36 Czytaj oryginał (ang.)
Niu Technologies Provides First Quarter 2025 Sales Volume Update BEIJING, April 04, 2025 (GLOBE NEWSWIRE) -- Niu Technologies (“NIU”, or “the Company”) (NASDAQ: NIU), the world's leading provider of smart urban mobility solutions, today provided its sales volume results for the first quarter of 2025. globenewswire.com 2025-04-04 08:05:00 Czytaj oryginał (ang.)
Overlooked Stock: NIU NIU Technologies (NIU), a Chinese-based supplier of e-bikes and scooters, jumped 150% since last year. George Tsilis notes its positive adjusted profits as a statistic backing its fundamentals. youtube.com 2025-03-26 18:39:20 Czytaj oryginał (ang.)
Niu Technologies: Maintaining Bullish View Even After The Stock Doubled I'm reinitiating coverage on Niu Technologies stock with a "Buy" rating, citing significant undervaluation and potential for continued growth over the next 12 to 24 months. Strong Q4 2024 results with 71.1% YoY revenue growth and positive outlook for 2025, driven by premium scooter sales and international market expansion. Despite global GDP concerns, China's focus on boosting consumption and Niu's aggressive retail expansion plan support the bullish thesis. seekingalpha.com 2025-03-18 13:20:26 Czytaj oryginał (ang.)
Niu Technologies: Good Results And Even Better Prospects Niu Technologies reported a more rapid pace of sales growth and narrower losses in the recent Q4'24 period. I anticipate that the company will be in the black this year, as its performance improves due to positive demand-supply dynamics. My rating for NIU stock stays as a Buy; the stock is cheaper than peers, and it boasts a favorable outlook. seekingalpha.com 2025-03-18 07:35:12 Czytaj oryginał (ang.)
Niu Technologies (NIU) Q4 2024 Earnings Call Transcript Niu Technologies (NASDAQ:NIU ) Q4 2024 Earnings Conference Call March 17, 2025 8:00 AM ET Company Participants Kristal Li - Investor Relations Manager Yan Li - Chief Executive Officer Fion Zhou - Chief Financial Officer Conference Call Participants Yating Chen - CICC Operator Ladies and gentlemen, thank you for standing by. Welcome to Niu Technologies Fourth Quarter 2024 Earnings Release Conference Call. seekingalpha.com 2025-03-17 13:21:31 Czytaj oryginał (ang.)
Niu Technologies Announces Unaudited Fourth Quarter and Full Year 2024 Financial Results -- Fourth Quarter Revenues of RMB 819.2 million, increase 71.1% year over year -- Fourth Quarter Net Loss of RMB 72.5 million, compared to net loss of RMB 130.2 million in the same period of last year -- Full Year Revenues of RMB 3,288.3 million, increase 24.0% year over year -- Full Year Net loss of RMB 193.2 million, compared to net loss of RMB 271.8 million in 2023 BEIJING, March 17, 2025 (GLOBE NEWSWIRE) -- Niu Technologies (“NIU”, or “the Company”) (NASDAQ: NIU), the world's leading provider of smart urban mobility solutions, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2024. Fourth Quarter 2024 Financial Highlights Revenues were RMB 819.2 million, an increase of 71.1% year over year Gross margin was 12.4%, compared with 19.0% in the fourth quarter of 2023 Net loss was RMB 72.5 million, compared with net loss of RMB 130.2 million in the fourth quarter of 2023 Adjusted net loss (non-GAAP) 1 was RMB 66.7 million, compared with adjusted net loss of RMB 122.4 million in the fourth quarter of 2023 Fourth Quarter 2024 Operating Highlights The number of e-scooters sold was 226,634, up 64.9% year over year The number of e-scooters sold in China was 182,333, up 65.1% year over year The number of e-scooters sold in the international markets was 44,301, up 63.9% year over year The number of franchised stores in China was 3,735 as of December 31, 2024 The number of distributors in our international sales network was 57, covering 53 countries as of December 31, 2024 Dr. Yan Li, Chief Executive Officer of the Company, remarked: “In 2024, we experienced significant volume growth in China, driven by strong consumer demand for our new models. globenewswire.com 2025-03-17 06:00:00 Czytaj oryginał (ang.)
Niu Technologies to Report Fourth Quarter and Full Year 2024 Financial Results on March 17, 2025 BEIJING, Feb. 17, 2025 (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 2024 before the U.S. market opens on Monday, March 17, 2025. globenewswire.com 2025-02-17 06:00:00 Czytaj oryginał (ang.)
Unicorn Co-Founder Mark Wendou Niu Joins YY Group as Chief Strategist Officer Singapore, Feb. 13, 2025 (GLOBE NEWSWIRE) -- YY Group Holding Limited (NASDAQ: YYGH) (“YY Group”, “YYGH”, or the “Company”) is pleased to announce the appointment of Mark Wendou Niu as Group Chief Strategy Officer. In this strategic role, Mark will lead YY Group's fundraising efforts, investor relations, and digital and AI transformation, furthering the Group's vision to become a global leader in on-demand staffing and integrated facility management solutions. globenewswire.com 2025-02-13 09:30:00 Czytaj oryginał (ang.)
$8.62 Bn Electric Kick Scooters (E-Scooters) Market Outlook, 2033: Jiangsu Xinri E-Vehicle Co, Enphase Energy, YADEA Technology Group Co, NIU International, and Bird Rides Lead Revenue Shares Rising Urbanization & Traffic Congestion, Focus on Sustainability & Environmental Awareness, and Technological Developments Driving Industry Growth Worldwide Rising Urbanization & Traffic Congestion, Focus on Sustainability & Environmental Awareness, and Technological Developments Driving Industry Growth Worldwide globenewswire.com 2025-01-23 07:20:00 Czytaj oryginał (ang.)
Niu Technologies Provides Fourth Quarter and Full Year 2024 Sales Volume Update BEIJING, Jan. 06, 2025 (GLOBE NEWSWIRE) -- Niu Technologies (“NIU”, or “the Company”) (NASDAQ: NIU), the world's leading provider of smart urban mobility solutions, today provides its sales volume results for the fourth quarter and full year 2024. globenewswire.com 2025-01-06 06:00:00 Czytaj oryginał (ang.)
Niu Technologies: Undervalued With Growth Acceleration On The Cards Initiating coverage on Niu Technologies with a “Buy” rating and a 24-month horizon due to attractive valuation and potential for significant returns. Positive economic outlook, expansionary policies, and global market growth are key drivers; Niu's strong international presence mitigates competitive risks in China. Q3 2024 results show promising growth, especially internationally; new product launches and direct-to-consumer sales expected to boost future performance. seekingalpha.com 2024-12-19 04:40:19 Czytaj oryginał (ang.)
NIU Launches Direct-to-Consumer Sales of its XQi3 All-Electric On and Off-Road Dirt Bike Furthering its mission to make electric mobility accessible, the XQi3 is at its lowest price point ever and available nationwide Furthering its mission to make electric mobility accessible, the XQi3 is at its lowest price point ever and available nationwide globenewswire.com 2024-12-02 09:00:00 Czytaj oryginał (ang.)
Niu Technologies (NIU) Q3 2024 Earnings Call Transcript Niu Technologies (NASDAQ:NIU ) Q3 2024 Earnings Conference Call November 18, 2024 8:00 AM ET Company Participants Kristal Li - IR Manager Yan Li - CEO Fion Zhou - CFO Conference Call Participants Yating Chen - CICC Operator Good day, ladies and gentlemen. Thank you for standing by. seekingalpha.com 2024-11-18 11:54:53 Czytaj oryginał (ang.)
Niu Technologies Announces Unaudited Third Quarter 2024 Financial Results -- Third Quarter Revenues of RMB 1,023.9 million, an increase of 10.5% year-over-year -- Third Quarter Net Loss of RMB 40.9 million, compared to Net Loss of RMB 79.4 million in the same period of last year BEIJING, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Niu Technologies (“NIU”, or “the Company”) (NASDAQ: NIU), the world's leading provider of smart urban mobility solutions, today announced its unaudited financial results for the third quarter ended September 30, 2024. Third Quarter 2024 Financial Highlights Revenues were RMB 1,023.9 million, an increase of 10.5% year-over-year Gross margin was 13.8%, compared with 21.4% in the third quarter of 2023 Net loss was RMB 40.9 million, compared with net loss of RMB 79.4 million in the third quarter of 2023 Adjusted net loss (non-GAAP) 1 was RMB 34.2 million, compared with adjusted net loss of RMB 70.0 million in the third quarter of 2023 Third Quarter 2024 Operating Highlights The number of e-scooters sold was 312,405, up 17.5% year-over-year The number of e-scooters sold in China was 259,094, up 12.4% year-over-year The number of e-scooters sold in the international markets was 53,311, up 50.3% year-over-year The number of franchised stores in China was 3,345 as of September 30, 2024 The number of distributors of our international sales network was 57, covering 53 countries as of September 30, 2024 Dr. Yan Li, Chief Executive Officer of the Company, remarked, “Our Q3 sales growth fell short of expectations, primarily due to recent policy changes in China that have impacted sales timing. globenewswire.com 2024-11-18 05:00:00 Czytaj oryginał (ang.)
NIU Technologies Unveils Major Over-the-Air Update and Price Drop for XQi3 Wild Electric Off-Road Dirt Bike at EICMA 2024 MILAN, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Niu Technologies (“NIU”, or “the Company”) (NASDAQ: NIU), the world's leading provider of smart urban mobility solutions, is set to revolutionize the dirt bike segment with the announcement of a powerful over-the-air (OTA) software update for the XQi3 electric dirt bike at this year's EICMA event in Milan. This update will significantly enhance the bike's performance, making it a more formidable force on challenging terrains. The OTA update will be available immediately for the XQi3 Wild off-road dirt bike, and available in the coming weeks for the XQi3 Street version in the US and EU. globenewswire.com 2024-11-05 13:45:00 Czytaj oryginał (ang.)
NIU Announces Huge 2024 Holiday Deals on Electric 2-Wheeled Vehicles • Starting today, NIU's top-rated electric two-wheeled vehicles will be up to 60% off • Products will be available online and in store at major retailers including Best Buy, Amazon, Target, Walmart and more • The all new 100 Series kick scooters will be on sale for the first time since the initial launch in September LOS ANGELES, Nov. 01, 2024 (GLOBE NEWSWIRE) --   Niu Technologies (“NIU”, or “the Company”) (NASDAQ: NIU), the world's leading provider of smart urban mobility solutions, today announced its holiday deals for the 2024 season, offering customers an opportunity to purchase top-rated e-scooters, e-bikes and more at a fraction of the price. Designed with ‘Mobility for All' in mind, the deals provide significant discounts across NIU's high-performance vehicle lineup to encourage eco-friendly transportation options for riders of all ages. globenewswire.com 2024-11-01 12:11:00 Czytaj oryginał (ang.)
Niu Technologies to Report Third Quarter 2024 Financial Results on November 18, 2024 BEIJING, Oct. 21, 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 third quarter ended September 30, 2024 before the U.S. market opens on Monday, November 18, 2024. globenewswire.com 2024-10-21 08:00:00 Czytaj oryginał (ang.)
NIU Technologies to Host U.S. Launch of New KQi 100F Electric Scooter at Electrify Expo New York - Debuting at Citi Field, October 12-13, the KQi 100F showcases NIU's cutting-edge urban mobility solution at an approachable price point - Electrify Expo attendees will get the first opportunity in the U.S. to test ride the high-performance, easily transportable scooter that is perfect for city commuters - Media are invited to schedule private demos of the product in person at Electrify Expo New York globenewswire.com 2024-10-07 11:00:00 Czytaj oryginał (ang.)
Niu Technologies Provides Third Quarter 2024 Sales Volume Update BEIJING, Oct. 04, 2024 (GLOBE NEWSWIRE) -- Niu Technologies (“NIU”, or “the Company”) (NASDAQ: NIU), the world's leading provider of smart urban mobility solutions, today provides its sales volume results for the third quarter of 2024. globenewswire.com 2024-10-04 20:05:00 Czytaj oryginał (ang.)
Niu Technologies: Positive On Policy Tailwind And Premiumization Trend China has rolled out subsidies to encourage consumers to purchase new electric two-wheeled vehicles, and this is a key policy tailwind for NIU. Niu Technologies' products are focused on the premium segment of China's electric two-wheeled vehicle market, and a recent survey indicates that consumers are seeking out premium and higher-priced products. I maintain a Buy rating for NIU, as the stock trades at a significant discount to its peer despite relatively more favorable growth prospects than the latter. seekingalpha.com 2024-09-23 13:09:02 Czytaj oryginał (ang.)
Value Meets High Tech As NIU Debuts New Series of Electric Kick Scooters and a Nationwide Launch Within Top US Retailers LOS ANGELES, Sept. 06, 2024 (GLOBE NEWSWIRE) -- Niu Technologies (“NIU”, or “the Company”) (NASDAQ: NIU), the world's leading provider of smart urban mobility solutions, today announced the launch of two new electric kick scooters - the KQi 100 series - for the 2024 holiday season that will be available in Walmart, Best Buy and Kohl's nationwide. NIU specializes in creating products that uniquely combine affordability, quality and technology, a blend rarely found in a single offering, and the KQi 100 series underscores this approach. globenewswire.com 2024-09-06 16:00:00 Czytaj oryginał (ang.)
Niu Technologies (NIU) Q2 2024 Earnings Call Transcript Niu Technologies (NASDAQ:NIU ) Q2 2024 Earnings Conference Call August 12, 2024 8:00 AM ET Company Participants Kristal Li - IR Manager Yan Li - CEO Fion Zhou - CFO Conference Call Participants Kai Kang - CITIC Yating Chen - CICC Operator Good day, ladies and gentlemen. Thank you for standing by. seekingalpha.com 2024-08-13 01:13:02 Czytaj oryginał (ang.)
Niu Technologies Announces Unaudited Second Quarter 2024 Financial Results -- Second Quarter Revenues of RMB 940.5 million, an increase of 13.5% year-over-year -- Second Quarter Net Loss of RMB 24.9 million, compared to Net Loss of RMB 1.9 million in the same period of last year BEIJING, Aug. 12, 2024 (GLOBE NEWSWIRE) -- Niu Technologies (“NIU”, or “the Company”) (NASDAQ: NIU), the world's leading provider of smart urban mobility solutions, today announced its unaudited financial results for the second quarter ended June 30, 2024. Second Quarter 2024 Financial Highlights Revenues were RMB 940.5 million, an increase of 13.5% year-over-year Gross margin was 17.0%, compared with 23.1% in the second quarter of 2023 Net loss was RMB 24.9 million, compared with net loss of RMB 1.9 million in the second quarter of 2023 Adjusted net loss (non-GAAP) 1 was RMB 19.5 million, compared with adjusted net income of RMB 14.4 million in the second quarter of 2023 Second Quarter 2024 Operating Highlights The number of e-scooters sold was 256,162, up 20.8% year-over-year The number of e-scooters sold in China was 207,552, up 16.2% year-over-year The number of e-scooters sold in the international markets was 48,610, up 45.4% year-over-year The number of franchised stores in China was 3,124 as of June 30, 2024 The number of distributors of our international sales network was 54, covering 52 countries as of June 30, 2024 Dr. Yan Li, Chief Executive Officer of the Company, remarked, "The new products we introduced this year captured over 50% of our expanding domestic sales volume in the first half of the year. globenewswire.com 2024-08-12 07:00:00 Czytaj oryginał (ang.)
Niu Technologies to Report Second Quarter 2024 Financial Results on August 12, 2024 BEIJING, July 15, 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 second quarter 2024 before the U.S. market opens on Monday, August 12, 2024. globenewswire.com 2024-07-15 08:00:00 Czytaj oryginał (ang.)
Niu Technologies Provides Second Quarter 2024 Sales Volume Update Niu Technologies, the world's leading provider of smart urban mobility solutions, today provides its sales volume results for the second quarter 2024. globenewswire.com 2024-07-04 08:00:00 Czytaj oryginał (ang.)
Niu Technologies (NIU) Q1 2024 Earnings Call Transcript Niu Technologies (NASDAQ:NIU ) Q1 2024 Earnings Conference Call May 20, 2024 8:00 AM ET Company Participants Kristal Li - IR Manager Yan Li - CEO Fion Zhou - CFO Conference Call Participants Yating Chen - CICC Operator Good day, ladies and gentlemen. Thank you for standing by. seekingalpha.com 2024-05-20 15:35:27 Czytaj oryginał (ang.)
Niu Technologies Announces Unaudited First Quarter 2024 Financial Results -- First Quarter Revenues of RMB 504.7 million, an increase of 21.0% year-over-year -- First Quarter Net Loss of RMB 54.8 million, compared to Net Loss of RMB 60.3 million in the same period of last year BEIJING, May 20, 2024 (GLOBE NEWSWIRE) -- Niu Technologies (“NIU”, or “the Company”) (NASDAQ: NIU), the world's leading provider of smart urban mobility solutions, today announced its unaudited financial results for the first quarter ended March 31, 2024. First Quarter 2024 Financial Highlights Revenues were RMB 504.7 million, an increase of 21.0% year-over-year Gross margin was 18.9%, compared with 21.7% in the first quarter of 2023 Net loss was RMB 54.8 million, compared with net loss of RMB 60.3 million in the first quarter of 2023 Adjusted net loss (non-GAAP) 1 was RMB 48.5 million, compared with adjusted net loss of RMB 46.1 million in the first quarter of 2023 First Quarter 2024 Operating Highlights The number of e-scooters sold was 129,139, up 36.8% year-over-year The number of e-scooters sold in China was 110,115, up 35.1% year-over-year The number of e-scooters sold in the international markets was 19,024, up 47.6% year-over-year The number of franchised stores in China was 2,878 as of March 31, 2024 International sales network expanded to 58 distributors covering 54 countries as of March 31, 2024 Dr. Yan Li, Chief Executive Officer of the Company, remarked, "Since their debut at the end of February, our newly launched products have received exceptionally positive feedback in the domestic market. globenewswire.com 2024-05-20 07:00:00 Czytaj oryginał (ang.)
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