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Stock impact report

Niu Technologies (NIU) Q3 2024 Earnings Call Highlights: Strong Overseas Growth Amidst Domestic ... [Yahoo! Finance]

Niu Technologies - American Depositary Shares (NIU) 
Last niu technologies - american depositary shares earnings: 3/16 03:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
Overseas Sales Volume: 53,000 units, up 50% year-over-year. Total Revenue: RMB1.02 billion, up 10.5% year-over-year. China Revenue: RMB880 million, accounting for 86% of total revenue. Overseas Revenue: RMB144 million, accounting for 14% of total revenue. Gross Margin: 13.8%, down 7.6 percentage points year-over-year. Net Loss: RMB41 million, with a net loss margin of 4%. Cash and Investments: RMB1.3 billion. CapEx: RMB41 million, reflecting an increase of RMB14 million year-over-year. Guidance for Q4 Revenue: Expected to be in the range of RMB622 million to RMB718 million, an increase of 30% to 50% year-over-year. Warning! GuruFocus has detected 3 Warning Signs with NIU. Release Date: November 18, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript Niu Technologies ( NASDAQ:NIU ) reported a 17.5% year-over-year increase in total sales volume, reaching 312,000 units in Q3 2024. The company achieved a signi Show less Read more
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