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

Simply Wall St.11-20 19:34

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 ...

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All figures shown in the chart above are for the trailing 12 month  period. 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.The company's shares are down 10% from a week ago.We should say that we've discovered 1 warning sign for Niu Technologies that you should be aware of before investing here.","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"NIU":"小牛电动","CN":"Xtrackers MSCI All China Equity ETF"},"translate_title":"小牛电动2024年第三季度收益：每股亏损0.52元人民币（2023年第三季度亏损1.01元人民币）","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CN":1,"NIU":1},"content_text":"Niu Technologies (NASDAQ:NIU) Third Quarter 2024 Results\nKey Financial Results\n\nRevenue: CN¥1.02b (up 11% from 3Q 2023).\nNet loss: CN¥40.9m (loss narrowed by 48% from 3Q 2023).\nCN¥0.52 loss per share (improved from CN¥1.01 loss in 3Q 2023).\n\n\n\n\n  NasdaqGM:NIU Earnings and Revenue Growth November 20th 2024\n \n\nAll figures shown in the chart above are for the trailing 12 month (TTM) period\nNiu Technologies Earnings Insights\n 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. \nPerformance of the American Auto industry.\n The company's shares are down 10% from a week ago. \nRisk Analysis\n We should say that we've discovered 1 warning sign for Niu Technologies that you should be aware of before investing here. \nHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.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. 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