Niu Technologies
Market Cap
US$695.8m
Last Updated
2020/02/17 01:34 UTC
Data Sources
Company Financials +
Executive Summary
Niu Technologies designs, manufactures, and sells smart electric-scooters in the People's Republic of China.
Snowflake Analysis
Exceptional growth potential with adequate balance sheet.
Similar Companies
Share Price & News
How has Niu Technologies's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: NIU has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
0.8%
NIU
2.8%
US Auto
1.5%
US Market
1 Year Return
24.0%
NIU
51.2%
US Auto
20.1%
US Market
Return vs Industry: NIU underperformed the US Auto industry which returned 51.2% over the past year.
Return vs Market: NIU exceeded the US Market which returned 20.1% over the past year.
Shareholder returns
| NIU | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.8% | 2.8% | 1.5% |
| 30 Day | 2.9% | 21.2% | 1.4% |
| 90 Day | 4.3% | 39.9% | 8.7% |
| 1 Year | 24.0%24.0% | 55.4%51.2% | 22.7%20.1% |
| 3 Year | n/a | 65.2%50.5% | 50.1%40.5% |
| 5 Year | n/a | 69.9%41.1% | 73.1%54.1% |
Price Volatility Vs. Market
How volatile is Niu Technologies's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Could The Niu Technologies (NASDAQ:NIU) Ownership Structure Tell Us Something Useful?1 month ago | Simply Wall St
How Did Niu Technologies's (NASDAQ:NIU) 13% ROE Fare Against The Industry?2 months ago | Simply Wall St
Analysts Have Lowered Expectations For Niu Technologies After Its Latest ResultsValuation
Is Niu Technologies undervalued compared to its fair value and its price relative to the market?
48.52x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate NIU's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate NIU's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: NIU is poor value based on its PE Ratio (48.5x) compared to the Auto industry average (27.7x).
PE vs Market: NIU is poor value based on its PE Ratio (48.5x) compared to the US market (18.4x).
Price to Earnings Growth Ratio
PEG Ratio: NIU is good value based on its PEG Ratio (0.8x)
Price to Book Ratio
PB vs Industry: NIU is overvalued based on its PB Ratio (6.7x) compared to the US Auto industry average (3.6x).
Next Steps
Future Growth
How is Niu Technologies forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
62.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NIU's forecast earnings growth (62.7% per year) is above the savings rate (1.7%).
Earnings vs Market: NIU's earnings (62.7% per year) are forecast to grow faster than the US market (14.5% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: NIU's revenue (33.4% per year) is forecast to grow faster than the US market (7.6% per year).
High Growth Revenue: NIU's revenue (33.4% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: NIU's Return on Equity is forecast to be high in 3 years time (36.8%)
Next Steps
Past Performance
How has Niu Technologies performed over the past 5 years?
55.0%
Last years revenue growth
Earnings and Revenue History
Quality Earnings: NIU has high quality earnings.
Growing Profit Margin: NIU became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: NIU has become profitable over the past 5 years, growing earnings by 0% per year.
Accelerating Growth: NIU has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: NIU has become profitable in the last year, making it difficult to compare its past year earnings growth to the Auto industry (-18.9%).
Return on Equity
High ROE: NIU's Return on Equity (13.3%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Niu Technologies's financial position?
Financial Position Analysis
Short Term Liabilities: NIU's short term assets (CN¥1.5B) exceed its short term liabilities (CN¥942.2M).
Long Term Liabilities: NIU's short term assets (CN¥1.5B) exceed its long term liabilities (CN¥20.8M).
Debt to Equity History and Analysis
Debt Level: NIU's debt to equity ratio (36.8%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if NIU's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Inventory Level: NIU has a high level of physical assets or inventory.
Debt Coverage by Assets: NIU's debt is covered by short term assets (assets are 5.7x debt).
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.
Stable Cash Runway: NIU is profitable, therefore cash runway is not a concern.
Forecast Cash Runway: Insufficient data to determine if NIU has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
Next Steps
Dividend
What is Niu Technologies's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate NIU's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate NIU's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if NIU's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if NIU's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of NIU's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.2yrs
Average management tenure
CEO
Yan Li (40yo)
2.2yrs
Tenure
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 t ...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 2.2yrs | no data | 4.45% CN¥31.0m | |
| CFO & Compliance Officer | 1.8yrs | no data | no data | |
| Investor Relations Manager | 0yrs | no data | no data | |
| VP of Research & Development and Director | 5.4yrs | no data | no data |
2.2yrs
Average Tenure
39yo
Average Age
Experienced Management: NIU's management team is considered experienced (2.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 2.2yrs | no data | 4.45% CN¥31.0m | |
| VP of Research & Development and Director | 5.4yrs | no data | no data | |
| Independent Director | 1.3yrs | no data | no data | |
| Independent Director | 1.3yrs | no data | no data | |
| Independent Director | 1.3yrs | no data | no data | |
| Independent Director | 1.3yrs | no data | no data | |
| Director | 4.8yrs | no data | no data | |
| Independent Director | 1.3yrs | no data | no data |
1.3yrs
Average Tenure
45.5yo
Average Age
Experienced Board: NIU's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 252.6%.
Top Shareholders
Company Information
Niu Technologies's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Niu Technologies
- Ticker: NIU
- Exchange: NasdaqGM
- Founded: 2014
- Industry: Motorcycle Manufacturers
- Sector: Automobiles
- Market Cap: US$695.795m
- Shares outstanding: 74.34m
- Website: https://www.niu.com
Number of Employees
Location
- Niu Technologies
- Building A
- 11th Floor
- Beijing
- 100102
- China
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| NIU | NasdaqGM (Nasdaq Global Market) | Yes | SPON ADS EACH REP 2 ORD SHS CL A | US | USD | Oct 2018 |
| 0O9 | DB (Deutsche Boerse AG) | Yes | SPON ADS EACH REP 2 ORD SHS CL A | DE | EUR | Oct 2018 |
Biography
Niu Technologies designs, manufactures, and sells smart electric-scooters in the People's Republic of China. The company offers N, M, and U series e-scooters with various models or specifications under the NIU brand name. It also provides 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, jeans, hats, bags, jewelry, notebook, badges, key chain, and mugs; performance upgrade components that comprises of upgraded wheels, shock absorbers, brake calipers, and carbon fiber body panels; and professional mountain and road bicycles. 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; and NIU Care that offers maintenance service and reserve service in offline service stations. 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 December 31, 2018, it operated through 233 city partners and 760 franchised stores in China in approximately 178 cities in the People's Republic of China, as well as 22 distributors in 27 countries internationally. The company was founded in 2014 and is headquartered in Beijing, the People's Republic of China.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/02/17 01:34 |
| End of Day Share Price | 2020/02/14 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2018/12/31 |
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.