NIU TECHNOLOGIES |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 2.26 USD | +10.24% |
|
+17.71% | +3.20% |
| Apr. 09 | ADRs End Higher; Biophytis Climbs 30% | DJ |
| Apr. 04 | Niu Technologies Reports Sales Results for the First Quarter 2024 | CI |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 4,414 | 13,681 | 7,805 | 2,775 | 1,205 | 1,271 | - | - |
| Enterprise Value (EV) 1 | 4,414 | 12,757 | 7,805 | 2,442 | 1,205 | 1,271 | 1,271 | 1,271 |
| P/E ratio | 23.9 x | 85.5 x | 36.4 x | -56.4 x | -4.48 x | - | - | - |
| Yield | - | - | - | - | - | - | - | - |
| Capitalization / Revenue | 2.13 x | 5.6 x | 2.11 x | 0.88 x | 0.45 x | 0.38 x | 0.33 x | 0.36 x |
| EV / Revenue | 2.13 x | 5.6 x | 2.11 x | 0.88 x | 0.45 x | 0.38 x | 0.33 x | 0.36 x |
| EV / EBITDA | 21.4 x | 58.1 x | 26.1 x | 29.1 x | - | 6.12 x | 5.57 x | 4.26 x |
| EV / FCF | - | 43,566,388 x | - | -10,788,329 x | - | - | - | - |
| FCF Yield | - | 0% | - | -0% | - | - | - | - |
| Price to Book | 4.94 x | 13.9 x | 12.4 x | 2.14 x | 1.11 x | 1.14 x | 1.01 x | - |
| Nbr of stocks (in thousands) | 74,337 | 74,747 | 76,275 | 76,924 | 77,540 | 77,598 | - | - |
| Reference price 2 | 59.38 | 183.0 | 102.3 | 36.07 | 15.54 | 16.38 | 16.38 | 16.38 |
| Announcement Date | 3/16/20 | 3/8/21 | 3/7/22 | 3/20/23 | 3/18/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 2,076 | 2,444 | 3,705 | 3,169 | 2,652 | 3,388 | 3,898 | 3,557 |
| EBITDA 1 | 206 | 235.3 | 299.2 | 95.26 | - | 207.7 | 228.2 | 298.4 |
| EBIT 1 | 176.5 | 187.8 | 203.8 | -47.45 | -320.5 | 89.47 | 155.9 | - |
| Operating Margin | 8.5% | 7.68% | 5.5% | -1.5% | -12.09% | 2.64% | 4% | - |
| Earnings before Tax (EBT) 1 | 198.3 | 189.7 | 272.9 | -71.22 | -282 | 84 | 155 | - |
| Net income 1 | 190.1 | 168.7 | 225.8 | -49.46 | -271.8 | 73 | 135 | - |
| Net margin | 9.16% | 6.9% | 6.1% | -1.56% | -10.25% | 2.15% | 3.46% | - |
| EPS | 2.480 | 2.140 | 2.810 | -0.6400 | -3.470 | - | - | - |
| Free Cash Flow | - | 314 | - | -257.2 | - | - | - | - |
| FCF margin | - | 12.85% | - | -8.12% | - | - | - | - |
| FCF Conversion (EBITDA) | - | 133.43% | - | - | - | - | - | - |
| FCF Conversion (Net income) | - | 186.19% | - | - | - | - | - | - |
| Dividend per Share 2 | - | - | - | - | - | - | - | - |
| Announcement Date | 3/16/20 | 3/8/21 | 3/7/22 | 3/20/23 | 3/18/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 |
|---|---|---|---|---|---|
| Net sales | 1,226 | 986.1 | 575.5 | 827.6 | - |
| EBITDA | - | - | - | - | - |
| EBIT | 92 | 34.04 | - | - | - |
| Operating Margin | 7.5% | 3.45% | - | - | - |
| Earnings before Tax (EBT) | 108.7 | 56.91 | - | - | - |
| Net income 1 | 91.71 | 47.65 | - | - | 2.883 |
| Net margin | 7.48% | 4.83% | - | - | - |
| EPS | 1.150 | 0.6000 | - | - | - |
| Dividend per Share | - | - | - | - | - |
| Announcement Date | 11/22/21 | 3/7/22 | 5/24/22 | 8/15/22 | 11/21/22 |
1CNY in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt | - | - | - | - | - | - | - | - |
| Net Cash position | - | 923 | - | 332 | - | - | - | - |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - | - |
| Free Cash Flow | - | 314 | - | -257 | - | - | - | - |
| ROE (net income / shareholders' equity) | 27.9% | 23.3% | 20% | 0.68% | -19% | 11.2% | 17.1% | - |
| ROA (Net income/ Total Assets) | - | 12.4% | 10.5% | 0.35% | -9.49% | 6.1% | 8.7% | - |
| Assets 1 | - | 1,360 | 2,144 | -14,132 | 2,865 | 1,197 | 1,552 | - |
| Book Value Per Share 2 | 12.00 | 13.20 | 8.230 | 16.90 | 13.90 | 14.40 | 16.20 | - |
| Cash Flow per Share 2 | - | 2.950 | 2.080 | -0.7900 | - | 2.170 | 3.490 | - |
| Capex 1 | - | 152 | 286 | 135 | - | 135 | 146 | - |
| Capex / Sales | - | 6.2% | 7.71% | 4.27% | - | 3.99% | 3.75% | - |
| Announcement Date | 3/16/20 | 3/8/21 | 3/7/22 | 3/20/23 | 3/18/24 | - | - | - |
1CNY in Million2CNY
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
C-
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
3
Last Close Price
16.38
CNY
Average target price
21.11
CNY
Spread / Average Target
+28.93%
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| +3.20% | 175M | |
| +32.03% | 30.04B | |
| -0.39% | 11.49B | |
| +8.55% | 10.77B | |
| +11.67% | 8.79B | |
| +8.16% | 5.67B | |
| -5.67% | 4.67B | |
| +17.09% | 2.03B | |
| +27.91% | 1.87B | |
| -25.15% | 1.34B |
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