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Niu Technologies

Nasdaq:NIU
Snowflake Description

Excellent balance sheet with moderate growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
NIU
Nasdaq
$608M
Market Cap
  1. Home
  2. US
  3. Automobiles
Company description

Niu Technologies designs, manufactures, and sells smart e-scooters in the People's Republic of China. The last earnings update was 3 days ago. More info.


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  • Niu Technologies has significant price volatility in the past 3 months.
NIU Share Price and Events
7 Day Returns
-0.8%
NasdaqGM:NIU
-2.4%
US Auto
1.2%
US Market
1 Year Returns
-
NasdaqGM:NIU
-10.5%
US Auto
3%
US Market
NIU Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Niu Technologies (NIU) -0.8% 8.8% 22.5% - - -
US Auto -2.4% -4.5% 3.3% -10.5% 8.3% -9.7%
US Market 1.2% 2.1% 14.6% 3% 39% 43.5%
1 Year Return vs Industry and Market
  • No trading data on NIU.
  • No trading data on NIU.
Price Volatility
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for Niu Technologies's competitors could be found in our database.

Value

 Is Niu Technologies undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Niu Technologies to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Niu Technologies.

NasdaqGM:NIU Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 2 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 7.5%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NasdaqGM:NIU
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Auto Unlevered Beta Simply Wall St/ S&P Global 0.57
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.571 (1 + (1- 25%) (4.42%))
0.726
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.8
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (0.8 * 5.96%)
7.5%

Discounted Cash Flow Calculation for NasdaqGM:NIU using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Niu Technologies is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

NasdaqGM:NIU DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (CNY, Millions) Source Present Value
Discounted (@ 7.5%)
2019 227.50 Analyst x2 211.63
2020 545.50 Analyst x2 472.06
2021 838.68 Est @ 53.75% 675.14
2022 1,161.07 Est @ 38.44% 869.48
2023 1,483.01 Est @ 27.73% 1,033.10
2024 1,782.99 Est @ 20.23% 1,155.44
2025 2,050.06 Est @ 14.98% 1,235.85
2026 2,281.80 Est @ 11.3% 1,279.60
2027 2,481.05 Est @ 8.73% 1,294.29
2028 2,653.02 Est @ 6.93% 1,287.47
Present value of next 10 years cash flows CN¥9,514.05
NasdaqGM:NIU DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= CN¥2,653.02 × (1 + 2.73%) ÷ (7.5% – 2.73%)
CN¥57,161.19
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= CN¥57,161.19 ÷ (1 + 7.5%)10
CN¥27,739.42
NasdaqGM:NIU Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= CN¥9,514.05 + CN¥27,739.42
CN¥37,253.48
Equity Value per Share
(CNY)
= Total value / Shares Outstanding
= CN¥37,253.48 / 74.34
CN¥501.14
NasdaqGM:NIU Discount to Share Price
Calculation Result
Exchange Rate CNY/USD
(Reporting currency to currency of NasdaqGM:NIU)
0.149
Value per Share
(USD)
= Value per Share in CNY x Exchange Rate (CNY/USD)
= CN¥501.14 x 0.149
$74.86
Value per share (USD) From above. $74.86
Current discount Discount to share price of $8.18
= -1 x ($8.18 - $74.86) / $74.86
89.1%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Niu Technologies is available for.
Intrinsic value
>50%
Share price is $8.18 vs Future cash flow value of $74.86
Current Discount Checks
For Niu Technologies to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Niu Technologies's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Niu Technologies's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Niu Technologies's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Niu Technologies's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqGM:NIU PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in CNY CN¥-10.60
NasdaqGM:NIU Share Price ** NasdaqGM (2019-03-20) in USD $8.18
NasdaqGM:NIU Share Price converted to CNY reporting currency Exchange rate (USD/ CNY) 6.695 CN¥54.76
United States of America Auto Industry PE Ratio Median Figure of 6 Publicly-Listed Auto Companies 10.37x
United States of America Market PE Ratio Median Figure of 3,058 Publicly-Listed Companies 17.69x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Niu Technologies.

NasdaqGM:NIU PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqGM:NIU Share Price ÷ EPS (both in CNY)

= 54.76 ÷ -10.60

-5.16x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Niu Technologies is loss making, we can't compare its value to the US Auto industry average.
  • Niu Technologies is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does Niu Technologies's expected growth come at a high price?
Raw Data
NasdaqGM:NIU PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -5.16x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
Not available
United States of America Auto Industry PEG Ratio Median Figure of 6 Publicly-Listed Auto Companies 0.91x
United States of America Market PEG Ratio Median Figure of 2,103 Publicly-Listed Companies 1.48x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Niu Technologies, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Niu Technologies's assets?
Raw Data
NasdaqGM:NIU PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in CNY CN¥8.72
NasdaqGM:NIU Share Price * NasdaqGM (2019-03-20) in USD $8.18
NasdaqGM:NIU Share Price converted to CNY reporting currency Exchange rate (USD/ CNY) 6.695 CN¥54.76
United States of America Auto Industry PB Ratio Median Figure of 11 Publicly-Listed Auto Companies 6.08x
United States of America Market PB Ratio Median Figure of 5,156 Publicly-Listed Companies 1.89x
NasdaqGM:NIU PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqGM:NIU Share Price ÷ Book Value per Share (both in CNY)

= 54.76 ÷ 8.72

6.28x

* Primary Listing of Niu Technologies.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Niu Technologies is overvalued based on assets compared to the US Auto industry average.
X
Value checks
We assess Niu Technologies's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Auto industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Auto industry average (and greater than 0)? (1 check)
  5. Niu Technologies has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Niu Technologies expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
39.5%
Expected annual growth in revenue.
Earnings growth vs Low Risk Savings
Is Niu Technologies expected to grow at an attractive rate?
  • Unable to compare Niu Technologies's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Niu Technologies's earnings growth to the United States of America market average as no estimate data is available.
  • Niu Technologies's revenue growth is expected to exceed the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NasdaqGM:NIU Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqGM:NIU Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts 39.5%
United States of America Auto Industry Earnings Growth Rate Market Cap Weighted Average 22.5%
United States of America Auto Industry Revenue Growth Rate Market Cap Weighted Average 7%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.3%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqGM:NIU Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in CNY Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqGM:NIU Future Estimates Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 5,203 1
2020-12-31 4,444 617 2
2019-12-31 2,535 313 2
NasdaqGM:NIU Past Financials Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income *
2018-12-31 1,478 -349
2018-09-30 1,270 -366
2018-06-30 1,041 83 -403
2018-03-31 905 82 -294
2017-12-31 769 80 -185
2016-12-31 355 -123 -233

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Niu Technologies is high growth as no earnings estimate data is available.
  • Niu Technologies's revenue is expected to grow significantly at over 20% yearly.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqGM:NIU Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below

All data from Niu Technologies Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGM:NIU Future Estimates Data
Date (Data in CNY Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31
2020-12-31
2019-12-31
NasdaqGM:NIU Past Financials Data
Date (Data in CNY Millions) EPS *
2018-12-31 -10.60
2018-09-30 -17.85
2018-06-30 -23.30
2018-03-31 -19.30
2017-12-31 -14.05
2016-12-31 -44.69

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Niu Technologies is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
X
Future performance checks
We assess Niu Technologies's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Niu Technologies has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Niu Technologies performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Niu Technologies's growth in the last year to its industry (Auto).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Niu Technologies does not make a profit and there is insufficient past data to establish if their 5 year on year earnings growth rate was positive.
  • Unable to compare Niu Technologies's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Niu Technologies's 1-year growth to the US Auto industry average as it is not currently profitable.
Earnings and Revenue History
Niu Technologies's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Niu Technologies Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGM:NIU Past Revenue, Cash Flow and Net Income Data
Date (Data in CNY Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 1,477.78 -349.03 424.26 91.81
2018-09-30 1,269.52 -365.74 400.33 78.43
2018-06-30 1,041.37 -402.92 390.21 74.38
2018-03-31 905.37 -293.79 274.84 56.94
2017-12-31 769.37 -184.66 159.48 39.49
2016-12-31 354.81 -232.72 180.59 33.09

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Niu Technologies has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Niu Technologies has efficiently used its assets last year compared to the US Auto industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Niu Technologies improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Niu Technologies's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Auto industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Niu Technologies has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Niu Technologies's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Niu Technologies's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Niu Technologies is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Niu Technologies's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Niu Technologies's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 6.2x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Niu Technologies Company Filings, last reported 2 months ago.

NasdaqGM:NIU Past Debt and Equity Data
Date (Data in CNY Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 570.41 179.98 716.75
2018-09-30 199.33 178.23 483.57
2018-06-30 181.80 178.23 406.36
2018-03-31 181.80 178.23 406.36
2017-12-31 -87.39 319.79 197.18
2016-12-31 39.31 216.26 141.21
  • Niu Technologies's level of debt (31.6%) compared to net worth is satisfactory (less than 40%).
  • Unable to establish if Niu Technologies's debt level has increased without past 5-year debt data.
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Whilst loss making Niu Technologies has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.
  • Whilst loss making Niu Technologies has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -183.2% per year.
X
Financial health checks
We assess Niu Technologies's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Niu Technologies has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Niu Technologies's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Niu Technologies dividends. Estimated to be 0% next year.
If you bought $2,000 of Niu Technologies shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Niu Technologies's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Niu Technologies's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqGM:NIU Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
United States of America Auto Industry Average Dividend Yield Market Cap Weighted Average of 6 Stocks 4.1%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2004 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NasdaqGM:NIU Future Dividends Estimate Data
Date (Data in CN¥) Dividend per Share (annual) Avg. No. Analysts
2021-12-31 0.00 1.00
2020-12-31 0.00 1.00
2019-12-31 0.00 1.00

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Niu Technologies has not reported any payouts.
  • Unable to verify if Niu Technologies's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Niu Technologies's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Niu Technologies has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of Niu Technologies's dividends in 3 years as they are not expected to pay a notable one for United States of America.
X
Income/ dividend checks
We assess Niu Technologies's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Niu Technologies afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Niu Technologies has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Niu Technologies's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Yan Li
AGE 39
TENURE AS CEO 1.3 years
CEO Bio

Dr. Yan Li has served as the chairman of board of directors of Niu Technologies since March 2018, its chief executive officer since December 2017 and its chief operating officer since January 2016. Prior to joining Niu Technologies in 2016, Dr. Li was a principal at KKR Capstone Limited from 2009 to 2015 and he oversaw KKR Capstone Limited's portfolio operation in China, including Qingdao Haier Group, a home appliance manufacturer listed on the Shanghai Stock Exchange, China Modern Diary, a milk producer listed on the Hong Kong Stock Exchange, China Cord Blood Corporation, a provider of cord blood banking services in China listed on the New York Stock Exchange and United Envirotech, an environmental engineering and consulting solutions provider listed on the Singapore Stock Exchange. Dr. Li was awarded the Operational Excellence Award by Private Equity International in 2012. Prior to KKR Capstone Limited, Dr. Li worked for McKinsey & Company from 2008 to 2009, where he advised various companies in high-tech, industrial goods and retail sectors. Prior to McKinsey, Dr. Li worked as a senior research engineer at Qualcomm Inc. in San Diego, CA from 2006 to 2008, focusing on the development of 3G and 4G communications technology. Dr. Li holds three patents on 3G communications. Dr. Li received a bachelor's degree from the University of California at Berkeley in 2001 and a Ph.D. from Stanford University in 2005, both in electronics and electrical engineering.

CEO Compensation
  • Insufficient data for Yan to compare compensation growth.
  • Insufficient data for Yan to establish whether their remuneration is reasonable compared to companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Niu Technologies management team in years:

1.3
Average Tenure
38
Average Age
  • The average tenure for the Niu Technologies management team is less than 2 years, this suggests a new team.
Management Team

Yan Li

TITLE
Chairman
AGE
39
TENURE
1.3 yrs

Hardy Peng Zhang

TITLE
CFO & Compliance Officer
AGE
38
TENURE
0.9 yrs

Token Hu

TITLE
VP of Research and Development & Director
AGE
33
TENURE
4.5 yrs
Board of Directors Tenure

Average tenure and age of the Niu Technologies board of directors in years:

0.4
Average Tenure
45
Average Age
  • The average tenure for the Niu Technologies board of directors is less than 3 years, this suggests a new board.
Board of Directors

Token Hu

TITLE
VP of Research and Development & Director
AGE
33
TENURE
4.5 yrs

Jenny Hongwei Lee

TITLE
Director
AGE
46
TENURE
3.8 yrs

Yan Li

TITLE
Chairman
AGE
39
TENURE
1 yrs

Benjamin Ye

TITLE
Independent Director
AGE
48
TENURE
0.4 yrs

John Jinshu Zhang

TITLE
Independent Director
AGE
59
TENURE
0.4 yrs

Xiaojun Li

TITLE
Independent Director
AGE
44
TENURE
0.4 yrs

Mei-Wei Cheng

TITLE
Independent Director
AGE
68
TENURE
0.4 yrs

Julian Juul Wolhardt

TITLE
Independent Director
AGE
44
TENURE
0.4 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
X
Management checks
We assess Niu Technologies's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Niu Technologies has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

What Percentage Of Niu Technologies (NASDAQ:NIU) Shares Do Insiders Own?

Generally speaking, as a company grows, institutions will increase their ownership. … So it's nice to see some insider ownership, because it may suggest that management is owner-oriented. … Our analysis of the ownership of the company, below, shows that.

Simply Wall St -

Company Info

Description

Niu Technologies designs, manufactures, and sells smart e-scooters in the People's Republic of China. It offers N, M, and U series e-scooters with various models or specifications under the NIU brand name. The company sells and services its products through city partner system, as well as through own online store and third-party e-commerce platforms. As of June 30, 2018, it operated through 205 city partners with 571 franchised stores in approximately 150 cities in the People's Republic of China, as well as 18 distributors in 23 countries internationally. The company was founded in 2014 and is headquartered in Beijing, the People's Republic of China.

Details
Name: Niu Technologies
NIU
Exchange: NasdaqGM
Founded: 2014
$608,076,897
74,337,029
Website: http://www.niu.com
Address: Niu Technologies
Building A,
11th Floor,
Beijing,
100102,
China
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGM NIU ADS Nasdaq Global Market US USD 19. Oct 2018
Number of employees
Current staff
Staff numbers
348
Niu Technologies employees.
Industry
Motorcycle Manufacturers
Automobiles
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/21 01:16
End of day share price update: 2019/03/20 00:00
Last estimates confirmation: 2019/03/19
Last earnings filing: 2019/03/18
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.