$Niu Technologies(NIU)$ NIU expects revenues of the third quarter 2024 to be in the range of RMB 1,298 million to RMB 1,483 million, representing a year-over-year increase of 40% to 60%.
if for some reason it doesnt rise too much today I add a lot more... easy money in 3 months for me.
Basically this quarter was 17% margin which isn't good but not a collosal issue, 20%+ margin for such company is pretty decent, If with next quarter insane increase in revenue we still under 20% then I'd be a tad worried, but I expect profit either way, if we reach profit this stock could jump by a lot, if we don't see profit next quarter then something in the structure is wrong and I'll reassess my position in NIU.
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