Niu Common Stock Total Equity vs Common Stock Shares Outstanding Analysis

NIU Stock  USD 2.33  0.02  0.85%   
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 Common Stock Total Equity and its Common Stock Shares Outstanding 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 tightly coupled 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.

Common Stock Total Equity vs Common Stock Shares Outstanding

Common Stock Total Equity vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Niu Technologies Common Stock Total Equity account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Niu Technologies' Common Stock Total Equity and Common Stock Shares Outstanding is -0.11. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Common Stock Shares Outstanding 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' Common Stock Total Equity and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Total Equity of Niu Technologies are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Common Stock Total Equity i.e., Niu Technologies' Common Stock Total Equity and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

-0.11
Relationship DirectionNegative 
Relationship StrengthInsignificant

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
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 tightly coupled 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 Amortization95.5M12.9M148.1M155.5M

Niu Technologies fundamental ratios Correlations

0.60.960.980.990.960.960.950.83-0.55-0.30.980.680.91-0.91-0.890.960.940.930.130.69-0.910.920.920.650.95
0.60.480.70.490.430.490.730.6-0.080.180.530.360.72-0.45-0.440.380.740.330.290.19-0.320.320.730.790.39
0.960.480.930.970.980.920.860.84-0.53-0.450.930.630.8-0.96-0.950.980.840.950.050.77-0.950.940.810.570.97
0.980.70.930.940.940.930.970.89-0.53-0.280.970.690.92-0.9-0.880.920.950.880.170.62-0.850.870.940.650.9
0.990.490.970.940.970.950.910.78-0.58-0.370.960.670.86-0.92-0.90.980.910.960.060.71-0.940.960.880.630.98
0.960.430.980.940.970.930.880.85-0.55-0.410.960.630.83-0.94-0.920.980.840.950.140.77-0.930.940.820.480.96
0.960.490.920.930.950.930.890.79-0.74-0.430.950.830.84-0.92-0.870.940.880.920.10.55-0.930.890.890.490.94
0.950.730.860.970.910.880.890.77-0.43-0.060.940.60.99-0.79-0.760.840.990.80.290.6-0.750.790.940.670.82
0.830.60.840.890.780.850.790.77-0.49-0.40.840.620.71-0.84-0.810.820.720.770.170.55-0.760.760.770.50.79
-0.55-0.08-0.53-0.53-0.58-0.55-0.74-0.43-0.490.74-0.61-0.96-0.330.690.63-0.6-0.45-0.680.260.030.73-0.64-0.6-0.05-0.68
-0.30.18-0.45-0.28-0.37-0.41-0.43-0.06-0.40.74-0.33-0.640.090.630.65-0.46-0.07-0.570.58-0.050.65-0.57-0.240.09-0.56
0.980.530.930.970.960.960.950.940.84-0.61-0.330.720.9-0.9-0.870.950.920.930.140.63-0.880.910.910.520.93
0.680.360.630.690.670.630.830.60.62-0.96-0.640.720.51-0.77-0.710.660.620.72-0.150.02-0.770.680.760.260.74
0.910.720.80.920.860.830.840.990.71-0.330.090.90.51-0.7-0.650.790.970.720.410.62-0.670.710.890.660.74
-0.91-0.45-0.96-0.9-0.92-0.94-0.92-0.79-0.840.690.63-0.9-0.77-0.70.99-0.93-0.78-0.950.08-0.580.97-0.94-0.81-0.46-0.96
-0.89-0.44-0.95-0.88-0.9-0.92-0.87-0.76-0.810.630.65-0.87-0.71-0.650.99-0.91-0.75-0.940.15-0.590.95-0.95-0.79-0.5-0.95
0.960.380.980.920.980.980.940.840.82-0.6-0.460.950.660.79-0.93-0.910.820.970.020.76-0.960.960.80.50.98
0.940.740.840.950.910.840.880.990.72-0.45-0.070.920.620.97-0.78-0.750.820.80.250.54-0.750.790.960.710.82
0.930.330.950.880.960.950.920.80.77-0.68-0.570.930.720.72-0.95-0.940.970.8-0.110.64-0.981.00.830.50.99
0.130.290.050.170.060.140.10.290.170.260.580.14-0.150.410.080.150.020.25-0.110.210.15-0.130.150.02-0.09
0.690.190.770.620.710.770.550.60.550.03-0.050.630.020.62-0.58-0.590.760.540.640.21-0.610.660.380.420.65
-0.91-0.32-0.95-0.85-0.94-0.93-0.93-0.75-0.760.730.65-0.88-0.77-0.670.970.95-0.96-0.75-0.980.15-0.61-0.97-0.78-0.48-0.99
0.920.320.940.870.960.940.890.790.76-0.64-0.570.910.680.71-0.94-0.950.960.791.0-0.130.66-0.970.810.510.99
0.920.730.810.940.880.820.890.940.77-0.6-0.240.910.760.89-0.81-0.790.80.960.830.150.38-0.780.810.680.83
0.650.790.570.650.630.480.490.670.5-0.050.090.520.260.66-0.46-0.50.50.710.50.020.42-0.480.510.680.53
0.950.390.970.90.980.960.940.820.79-0.68-0.560.930.740.74-0.96-0.950.980.820.99-0.090.65-0.990.990.830.53
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 Liab178.5M186.2M216.5M194.0M161.8M162.6M
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 Net150.9M199.0M491.4M484.0M402.2M249.0M
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 Other6.5M30.8M2.4M12.7M1.8M1.7M
Other Assets6.5M45.4M14.3M18.8M16.9M32.0M
Cash And Short Term Investments764.8M1.1B1.1B903.3M970.1M807.7M
Net Receivables115.2M101.3M268.6M299.7M237.9M154.3M
Common Stock Shares Outstanding76.6M78.9M80.2M75.4M78.4M78.5M
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 Assets31.0M32.8M56.1M205.7M4.7M4.5M
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 Debt217.4M180M323.6M476.8M272.4M300.6M
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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When determining whether Niu Technologies is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Niu Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Niu Technologies Stock. Highlighted below are key reports to facilitate an investment decision about Niu Technologies Stock:
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 tightly coupled 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.
You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.

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When running Niu Technologies' price analysis, check to measure Niu Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Niu Technologies is operating at the current time. Most of Niu Technologies' value examination focuses on studying past and present price action to predict the probability of Niu Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Niu Technologies' price. Additionally, you may evaluate how the addition of Niu Technologies to your portfolios can decrease your overall portfolio volatility.
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Is Niu Technologies' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Niu Technologies. If investors know Niu will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Niu Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.97)
Earnings Share
(0.48)
Revenue Per Share
33.82
Quarterly Revenue Growth
(0.22)
Return On Assets
(0.08)
The market value of Niu Technologies is measured differently than its book value, which is the value of Niu that is recorded on the company's balance sheet. Investors also form their own opinion of Niu Technologies' value that differs from its market value or its book value, called intrinsic value, which is Niu Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Niu Technologies' market value can be influenced by many factors that don't directly affect Niu Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Niu Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Niu Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Niu Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.