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Niu Technologies Announces Unaudited First Quarter 2024 Financial Results
globenewswire.com· 2024-05-20 07:00
-- 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 wer ...
Niu Technologies Files Its Annual Report on Form 20-F
Newsfilter· 2024-04-24 10:28
BEIJING, April 24, 2024 (GLOBE NEWSWIRE) -- Niu Technologies ("NIU", or "the Company") (NASDAQ:NIU), the world's leading provider of smart urban mobility solutions, today filed its annual report on Form 20-F for the fiscal year ended December 31, 2023 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. The Company will provide a hard copy of the Form 20-F containing the audited consolidated financial stat ...
Niu(NIU) - 2023 Q4 - Annual Report
2024-04-24 10:04
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023. OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITI ...
Niu Technologies to Report First Quarter 2024 Financial Results on May 20, 2024
Newsfilter· 2024-04-22 08:00
BEIJING, April 22, 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 first quarter 2024 before the U.S. market opens on Monday, May 20, 2024. The corporate presentation and financial spreadsheets will be posted on NIU's investor relations website at:https://ir.niu.com/financial-information/quarterly-results The Company will host an earnings conferen ...
The 3 Most Undervalued EV Stocks to Buy in April 2024
InvestorPlace· 2024-04-04 16:45
The electric vehicle industry has had a difficult year. Valuations have tumbled as investors have begun to ask more questions about long-term pricing and competition within the industry. In particular, Tesla (NASDAQ:TSLA) has shown the challenges in the industry right now; the longtime electric vehicle leader is having to cut prices and has seen profits slump amid more challenging economic conditions.As Chris Markoch recently pointed out, EV stocks are also under pressure as investors refocus on seemingly m ...
Niu Technologies Provides First Quarter 2024 Sales Volume Update
Newsfilter· 2024-04-04 08:30
BEIJING, China, April 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 first quarter of 2024.  1Q 2024 1Q 2023 YoY% China Market110,115 81,518 35% International Markets19,024 12,889 48% Total129,139 94,407 37%  In the first quarter of 2024, NIU sold 129,139 units, with 110,115 units sold in China market and 19,024 units sold in international markets. In the dom ...
Niu Technologies: A High-Growth EV Play
Seeking Alpha· 2024-03-25 08:34
geogif/iStock Editorial via Getty Images Investment Thesis Niu Technologies (NASDAQ:NIU) is reaching all-time lows despite several growth engines that will likely increase revenues going forward. Their focus on electric scooters is unique and they have a large addressable market to tap into. While most of the market is infatuated with electric cars manufacturers like Tesla (TSLA) and BYD (OTCPK:BYDDY), I think NIU is overlooked. Nevertheless, I believe the market has forgotten about Niu Technologies as ...
Niu(NIU) - 2023 Q4 - Earnings Call Transcript
2024-03-18 15:16
Niu Technologies (NASDAQ:NIU) Q4 2023 Earnings Conference Call March 18, 2024 5:00 PM ET Company Participants Kristal Li - Investor Relations Manager Yan Li - Chief Executive Officer Fion Zhou - Chief Financial Officer Conference Call Participants Zijun Li - CITIC Securities Yating Chen - CICC Operator Good day, ladies and gentlemen. Thank you for standing by. Welcome to Niu Technologies Fourth Quarter 2023 Earnings Conference Call. At this time, all participants are in listen-only mode. Later, we'll conduc ...
Niu Technologies Announces Unaudited Fourth Quarter and Full Year 2023 Financial Results
Newsfilter· 2024-03-18 07:00
-- Fourth Quarter Revenues of RMB 478.7 million, down 21.8% year over year -- Fourth Quarter Net Loss of RMB 130.2 million, compared to net loss of RMB 37.1 million in the same period of last year -- Full Year Revenues of RMB 2,651.8 million, down 16.3% year over year -- Full Year Net loss of RMB 271.8 million, compared to net loss of RMB 49.5 million in 2022 BEIJING, March 18, 2024 (GLOBE NEWSWIRE) -- Niu Technologies ("NIU", or "the Company") (NASDAQ:NIU), the world's leading provider of smart urban mobil ...