Niu Technologies (Niu Technologies) Gross-Profit-to-Asset % : 16.68% (As of Mar. 2024)

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What is Niu Technologies Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Niu Technologies's annualized Gross Profit for the quarter that ended in Mar. 2024 was $53.1 Mil. Niu Technologies's average Total Assets over the quarter that ended in Mar. 2024 was $318.1 Mil. Therefore, Niu Technologies's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 16.68%.

Niu Technologies Gross-Profit-to-Asset % Historical Data

The historical data trend for Niu Technologies's Gross-Profit-to-Asset % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Niu Technologies Gross-Profit-to-Asset % Chart

Niu Technologies Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross-Profit-to-Asset %

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35.80

34.35

38.34

25.71

23.84

Niu Technologies Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Gross-Profit-to-Asset %	Get a 7-Day Free Trial															15.39	32.86	31.52	15.39	16.68

Competitive Comparison of Niu Technologies's Gross-Profit-to-Asset %

For the Auto Manufacturers subindustry, Niu Technologies's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Niu Technologies's Gross-Profit-to-Asset % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Niu Technologies's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Niu Technologies's Gross-Profit-to-Asset % falls into.

Niu Technologies Gross-Profit-to-Asset % Calculation

Niu Technologies's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: Dec. 2023 )	/	( (Total Assets (A: Dec. 2022 )	+	Total Assets (A: Dec. 2023 ))	/ count )
	=	79.934	/	( (363.856	+	306.621)	/ 2 )
	=	79.934	/	335.2385
	=	23.84 %

Niu Technologies's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	53.072	/	( (306.621	+	329.573)	/ 2 )
	=	53.072	/	318.097
	=	16.68 %

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Mar. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

Niu Technologies Gross-Profit-to-Asset % Related Terms

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Niu Technologies (Niu Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Niu Technologies (NAS:NIU) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

0O9:Germany

Address

No. 195 Huilongguan East Road, No.1 Building, Changping District, Beijing, CHN, 102208

Website

https://www.niu.com

Niu Technologies designs, manufactures and sells high-performance electric motorcycles, scooters, bicycles, and kick-scooters. The company has a product portfolio consisting of ten series, four electric scooter series, including NQi, MQi, UQi, and Gova, two urban commuter electric motorcycle series RQi and TQi, a hybrid motorcycles series YQi, a performance electric bicycle series, NIU Aero, and two micro-mobility series, the kick-scooter series, KQi, and the e-bike series, BQi. The group's principal operations and geographic markets are mainly in the People's Republic of China.