Niu Pretax Profit Margin vs Gross Profit Margin Analysis

NIU Stock  USD 1.80  0.05  2.70%   
Niu Technologies financial indicator trend analysis is infinitely more than just investigating Niu Technologies recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Niu Technologies is a good investment. Please check the relationship between Niu Technologies Pretax Profit Margin and its Gross Profit Margin accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Niu Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more information on how to buy Niu Stock please use our How to Invest in Niu Technologies guide.

Pretax Profit Margin vs Gross Profit Margin

Pretax Profit Margin vs Gross Profit Margin Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Niu Technologies Pretax Profit Margin account and Gross Profit Margin. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Niu Technologies' Pretax Profit Margin and Gross Profit Margin is 0.98. Overlapping area represents the amount of variation of Pretax Profit Margin that can explain the historical movement of Gross Profit Margin in the same time period over historical financial statements of Niu Technologies, assuming nothing else is changed. The correlation between historical values of Niu Technologies' Pretax Profit Margin and Gross Profit Margin is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Pretax Profit Margin of Niu Technologies are associated (or correlated) with its Gross Profit Margin. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit Margin has no effect on the direction of Pretax Profit Margin i.e., Niu Technologies' Pretax Profit Margin and Gross Profit Margin go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

Pretax Profit Margin

Gross Profit Margin

Most indicators from Niu Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Niu Technologies current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Niu Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more information on how to buy Niu Stock please use our How to Invest in Niu Technologies guide.At this time, Niu Technologies' Tax Provision is comparatively stable compared to the past year. Selling General Administrative is likely to gain to about 141.8 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.04 in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense6.2M5.7M1.4M1.4M
Depreciation And Amortization95.5M142.7M148.1M155.5M

Niu Technologies fundamental ratios Correlations

0.60.950.980.990.960.960.950.83-0.55-0.30.980.680.91-0.91-0.890.960.890.930.50.69-0.910.920.920.940.95
0.60.470.70.490.430.490.730.6-0.080.180.530.360.72-0.45-0.440.380.760.330.340.19-0.320.320.730.660.39
0.950.470.920.970.970.920.840.84-0.56-0.50.910.650.77-0.98-0.960.970.80.950.430.73-0.960.950.810.830.98
0.980.70.920.940.940.930.970.89-0.53-0.280.970.690.92-0.89-0.880.920.870.880.520.62-0.850.870.940.940.9
0.990.490.970.940.970.950.910.78-0.58-0.370.960.670.86-0.92-0.90.980.860.960.450.71-0.940.960.880.910.98
0.960.430.970.940.970.930.880.85-0.55-0.410.960.630.83-0.94-0.920.980.780.950.540.77-0.930.940.820.870.96
0.960.490.920.930.950.930.890.79-0.74-0.430.950.830.84-0.88-0.870.940.780.920.570.55-0.930.890.890.860.94
0.950.730.840.970.910.880.890.77-0.42-0.060.940.590.99-0.78-0.760.840.920.80.570.6-0.750.790.940.960.82
0.830.60.840.890.780.850.790.77-0.49-0.40.840.620.71-0.83-0.810.820.640.770.480.55-0.760.760.770.780.79
-0.55-0.08-0.56-0.53-0.58-0.55-0.74-0.42-0.490.74-0.61-0.96-0.330.590.63-0.6-0.22-0.68-0.220.030.73-0.64-0.6-0.35-0.68
-0.30.18-0.5-0.28-0.37-0.41-0.43-0.06-0.40.74-0.33-0.640.090.610.65-0.460.04-0.570.16-0.050.65-0.57-0.24-0.02-0.56
0.980.530.910.970.960.960.950.940.84-0.61-0.330.720.9-0.87-0.870.950.80.930.520.63-0.880.910.910.920.93
0.680.360.650.690.670.630.830.590.62-0.96-0.640.720.51-0.67-0.710.660.420.720.320.02-0.770.680.760.510.74
0.910.720.770.920.860.830.840.990.71-0.330.090.90.51-0.68-0.650.790.920.720.640.62-0.670.710.890.960.74
-0.91-0.45-0.98-0.89-0.92-0.94-0.88-0.78-0.830.590.61-0.87-0.67-0.680.99-0.93-0.74-0.94-0.31-0.660.96-0.95-0.78-0.75-0.96
-0.89-0.44-0.96-0.88-0.9-0.92-0.87-0.76-0.810.630.65-0.87-0.71-0.650.99-0.91-0.7-0.94-0.28-0.590.95-0.95-0.79-0.71-0.95
0.960.380.970.920.980.980.940.840.82-0.6-0.460.950.660.79-0.93-0.910.770.970.460.76-0.960.960.80.870.98
0.890.760.80.870.860.780.780.920.64-0.220.040.80.420.92-0.74-0.70.770.710.470.67-0.70.70.810.920.75
0.930.330.950.880.960.950.920.80.77-0.68-0.570.930.720.72-0.94-0.940.970.710.310.64-0.981.00.830.780.99
0.50.340.430.520.450.540.570.570.48-0.220.160.520.320.64-0.31-0.280.460.470.310.42-0.330.260.420.560.35
0.690.190.730.620.710.770.550.60.550.03-0.050.630.020.62-0.66-0.590.760.670.640.42-0.610.660.380.720.65
-0.91-0.32-0.96-0.85-0.94-0.93-0.93-0.75-0.760.730.65-0.88-0.77-0.670.960.95-0.96-0.7-0.98-0.33-0.61-0.97-0.78-0.75-0.99
0.920.320.950.870.960.940.890.790.76-0.64-0.570.910.680.71-0.95-0.950.960.71.00.260.66-0.970.810.770.99
0.920.730.810.940.880.820.890.940.77-0.6-0.240.910.760.89-0.78-0.790.80.810.830.420.38-0.780.810.850.83
0.940.660.830.940.910.870.860.960.78-0.35-0.020.920.510.96-0.75-0.710.870.920.780.560.72-0.750.770.850.81
0.950.390.980.90.980.960.940.820.79-0.68-0.560.930.740.74-0.96-0.950.980.750.990.350.65-0.990.990.830.81
Click cells to compare fundamentals

Niu Technologies Account Relationship Matchups

Niu Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.5B1.8B2.4B2.5B2.2B1.7B
Short Long Term Debt Total217.4M180M337.5M484.4M272.7M303.6M
Other Current Liab178.5M171.7M191.2M184.3M156.9M155.2M
Total Current Liabilities693.5M823.3M1.1B1.2B1.1B883.7M
Total Stockholder Equity791.5M993.4M1.3B1.3B1.1B754.2M
Other Liab25.8M30.2M33.7M26.3M30.2M24.1M
Net Tangible Assets749.4M938.9M1.3B1.3B1.5B1.6B
Property Plant And Equipment Net150.9M199.0M491.4M484.0M399.9M248.7M
Current Deferred Revenue38.6M61.2M50.0M62.5M61.1M52.6M
Net Debt(62.6M)(47.0M)129.2M(49.9M)(599.9M)(569.9M)
Retained Earnings(934.3M)(765.6M)(539.8M)(589.3M)(861.1M)(904.2M)
Accounts Payable259.0M395.8M538.9M459.5M575.7M367.9M
Cash279.9M227.0M208.4M534.3M872.6M916.2M
Non Current Assets Total199.5M298.9M545.3M524.6M428.7M314.4M
Non Currrent Assets Other6.5M30.8M2.4M12.7M24.7M27.2M
Other Assets6.5M45.4M14.3M18.8M16.9M32.0M
Cash And Short Term Investments764.8M1.1B1.1B903.3M970.1M807.7M
Net Receivables115.2M113.4M268.6M299.7M95.0M136.3M
Common Stock Shares Outstanding76.6M78.9M80.2M75.4M78.4M83.1M
Short Term Investments484.8M876.1M869.3M369.0M97.6M92.7M
Liabilities And Stockholders Equity1.5B1.8B2.4B2.5B2.2B1.7B
Non Current Liabilities Total25.8M30.2M47.6M33.8M24.8M23.5M
Inventory178.6M142.2M269.6M417.0M392.8M233.4M
Other Current Assets31.0M189.2M262.9M260.8M159.8M128.2M
Other Stockholder Equity1.7B1.8B1.9B1.9B2.0B1.6B
Total Liab719.3M853.4M1.2B1.2B1.1B978.6M
Property Plant And Equipment Gross150.9M199.0M491.4M484.0M826.0M867.3M
Short Long Term Debt217.4M180M323.6M476.8M267.3M299.9M
Total Current Assets1.3B1.5B1.9B2.0B1.8B1.4B
Accumulated Other Comprehensive Income(12.4M)(43.0M)(51.1M)(16.5M)(9.5M)(10.0M)
Non Current Liabilities Other22.4M24.9M21.0M13.4M9.0M12.5M
Short Term Debt217.4M180M331.3M484.6M272.4M302.7M
Intangible Assets42.1M54.4M3.7M1.9M1.3M1.2M
Common Stock96.5K98.5K99.4K99.7K100.3K92.2K
Property Plant Equipment150.9M199.0M491.4M484.0M556.5M584.4M
Net Invested Capital1.0B1.2B1.6B1.8B1.4B1.2B
Net Working Capital617.8M724.6M766.8M819.3M689.7M623.9M

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Additional Tools for Niu Stock Analysis

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