Looks like there will be no smooth sailing for NIU at least until 2024. Taking in a new revenue estimate (volume x current revenue per scooter) for 2023, assuming an anual revenue growth rate of 25%, and assuming a slow net profit margin recovery from -3% in 2023 to 8% in 2026 (and a final price-to-book ratio of 2.2), my valuation forecasts a ~16% annual return. It's OK, but I won't be adding to this position until NIU is showing clear signs of beating these forecasts, or if the stock price revisits the all-time low of last year.$Niu Technologies(NIU)$

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  • Rednalhgih
    ·2023-03-20
    [smile] [smile]
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  • starfish
    ·2023-03-20
    👍
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  • Hksg
    ·2023-03-20
    here you
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  • ben88
    ·2023-03-20
    like.
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  • Tyanak
    ·2023-03-20
    👍🏻
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  • Kundos
    ·2023-03-20
    ok
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    👍👍👍
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  • xebona
    ·2023-03-20
    666
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    ·2023-03-20
    k
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    ·2023-03-20
    [Happy]
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    ·2023-03-20
    Good
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  • bshian
    ·2023-03-20
    Ok
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  • Rednalhgih
    ·2023-03-20
    [smile]
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    ·2023-03-20
    ok
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    ·2023-03-20
    [Cool]
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    ·2023-03-20
    kkkkkk
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  • RDPD富爸穷爸
    ·2023-03-20
    👍
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  • Ten148
    ·2023-03-20
    👍🏻
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  • Joyvb
    ·2023-03-20
    ok
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  • Joyvb
    ·2023-03-20
    ok
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