Niu Technologies Stock Return On Asset

NIU Stock  USD 1.86  0.01  0.53%   
Niu Technologies fundamentals help investors to digest information that contributes to Niu Technologies' financial success or failures. It also enables traders to predict the movement of Niu Stock. The fundamental analysis module provides a way to measure Niu Technologies' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Niu Technologies stock.
Return On Assets is likely to drop to -0.13 in 2024.
  
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Niu Technologies Company Return On Asset Analysis

Niu Technologies' Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.

Return On Asset

 = 

Net Income

Total Assets

More About Return On Asset | All Equity Analysis

Current Niu Technologies Return On Asset

    
  -0.0844  
Most of Niu Technologies' fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Niu Technologies is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Niu Return On Asset Driver Correlations

Understanding the fundamental principles of building solid financial models for Niu Technologies is extremely important. It helps to project a fair market value of Niu Stock properly, considering its historical fundamentals such as Return On Asset. Since Niu Technologies' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Niu Technologies' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Niu Technologies' interrelated accounts and indicators.
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Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Competition

Niu Total Assets

Total Assets

1.73 Billion

At this time, Niu Technologies' Total Assets are comparatively stable compared to the past year.
Based on the latest financial disclosure, Niu Technologies has a Return On Asset of -0.0844. This is 107.74% lower than that of the Automobiles sector and 87.59% lower than that of the Consumer Discretionary industry. The return on asset for all United States stocks is 39.71% lower than that of the firm.

Niu Return On Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Niu Technologies' direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Niu Technologies could also be used in its relative valuation, which is a method of valuing Niu Technologies by comparing valuation metrics of similar companies.
Niu Technologies is currently under evaluation in return on asset category among its peers.

Niu Technologies Current Valuation Drivers

We derive many important indicators used in calculating different scores of Niu Technologies from analyzing Niu Technologies' financial statements. These drivers represent accounts that assess Niu Technologies' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Niu Technologies' important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap4.4B13.8B7.9B2.7B1.2B1.2B
Enterprise Value4.4B13.8B8.0B2.7B618.8M587.8M

Niu Fundamentals

About Niu Technologies Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Niu Technologies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Niu Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Niu Technologies based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for Niu Stock Analysis

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.