NIU

Niu Technologies
NIU

$1.79
1.1%

Market Cap: $139M

 

About: Niu Technologies designs, manufactures and sells high-performance electric motorcycles, scooters, bicycles, and kick-scooters. The company has a product portfolio consisting of electric motorcycle, moped and bicycle series, including the NQi, MQi, UQi, F series, and others, and micro-mobility series, including the kick-scooter series KQi and the e-bike series BQi. The company's principal operations and geographic markets are predominantly in the People's Republic of China. It also generates revenue from Europe and other regions.

Employees: 550

0
Funds holding %
of 6,710 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

0.57% less ownership

Funds ownership: 5.72% [Q1] → 5.15% (-0.57%) [Q2]

7% less capital invested

Capital invested by funds: $13.2M [Q1] → $12.3M (-$898K) [Q2]

8% less funds holding

Funds holding: 51 [Q1] → 47 (-4) [Q2]

29% less first-time investments, than exits

New positions opened: 10 | Existing positions closed: 14

61% less repeat investments, than reductions

Existing positions increased: 7 | Existing positions reduced: 18

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $7K

Research analyst outlook

We haven’t received any recent analyst ratings for NIU.

Financial journalist opinion

Based on 3 articles about NIU published over the past 30 days

Neutral
GlobeNewsWire
4 weeks ago
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.
Niu Technologies Announces Unaudited Second Quarter 2024 Financial Results
Neutral
GlobeNewsWire
3 months ago
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.
Niu Technologies Announces Unaudited First Quarter 2024 Financial Results