Niu Technologies Third Quarter 2024 Earnings: CN¥0.52 loss per share (vs CN¥1.01 loss in 3Q 2023)

Simply Wall St

November 20, 2024

Niu Technologies (NASDAQ:NIU) Third Quarter 2024 Results

Key Financial Results

Revenue: CN¥1.02b (up 11% from 3Q 2023).
Net loss: CN¥40.9m (loss narrowed by 48% from 3Q 2023).
CN¥0.52 loss per share (improved from CN¥1.01 loss in 3Q 2023).

earnings-and-revenue-growth — NasdaqGM:NIU Earnings and Revenue Growth November 20th 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

Niu Technologies Earnings Insights

Looking ahead, revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Auto industry in the US.

Performance of the American Auto industry.

The company's shares are down 10% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 1 warning sign for Niu Technologies that you should be aware of.

Valuation is complex, but we're here to simplify it.

Discover if Niu Technologies might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.