Niu Income Before Tax vs Total Revenue Analysis
NIU Stock | USD 2.13 0.26 10.88% |
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 Income Before Tax and its Total Revenue 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.
Income Before Tax vs Total Revenue
Income Before Tax vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Niu Technologies Income Before Tax account and Total Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between Niu Technologies' Income Before Tax and Total Revenue is 0.62. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Total Revenue 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' Income Before Tax and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of Niu Technologies are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Income Before Tax i.e., Niu Technologies' Income Before Tax and Total Revenue go up and down completely randomly.
Correlation Coefficient | 0.62 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Niu Technologies income statement and is an important metric when analyzing Niu Technologies profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.Total Revenue
Total revenue comprises all receipts Niu Technologies generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.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 Expense | 6.2M | 5.7M | 1.4M | 1.4M | Depreciation And Amortization | 95.5M | 12.9M | 148.1M | 155.5M |
Niu Technologies fundamental ratios Correlations
Click cells to compare fundamentals
Niu Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Niu Technologies fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.5B | 1.8B | 2.4B | 2.5B | 2.2B | 1.7B | |
Short Long Term Debt Total | 217.4M | 180M | 337.5M | 484.4M | 272.7M | 303.6M | |
Other Current Liab | 178.5M | 186.2M | 216.5M | 194.0M | 161.8M | 162.6M | |
Total Current Liabilities | 693.5M | 823.3M | 1.1B | 1.2B | 1.1B | 883.7M | |
Total Stockholder Equity | 791.5M | 993.4M | 1.3B | 1.3B | 1.1B | 754.2M | |
Other Liab | 25.8M | 30.2M | 33.7M | 26.3M | 30.2M | 24.1M | |
Net Tangible Assets | 749.4M | 938.9M | 1.3B | 1.3B | 1.5B | 1.6B | |
Property Plant And Equipment Net | 150.9M | 199.0M | 491.4M | 484.0M | 402.2M | 249.0M | |
Current Deferred Revenue | 38.6M | 61.2M | 50.0M | 62.5M | 61.1M | 52.6M | |
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 Payable | 259.0M | 395.8M | 538.9M | 459.5M | 575.7M | 367.9M | |
Cash | 279.9M | 227.0M | 208.4M | 534.3M | 872.6M | 916.2M | |
Non Current Assets Total | 199.5M | 298.9M | 545.3M | 524.6M | 428.7M | 314.4M | |
Non Currrent Assets Other | 6.5M | 30.8M | 2.4M | 12.7M | 1.8M | 1.7M | |
Other Assets | 6.5M | 45.4M | 14.3M | 18.8M | 16.9M | 32.0M | |
Cash And Short Term Investments | 764.8M | 1.1B | 1.1B | 903.3M | 970.1M | 807.7M | |
Net Receivables | 115.2M | 101.3M | 268.6M | 299.7M | 237.9M | 154.3M | |
Common Stock Shares Outstanding | 76.6M | 78.9M | 80.2M | 75.4M | 78.4M | 78.5M | |
Short Term Investments | 484.8M | 876.1M | 869.3M | 369.0M | 97.6M | 92.7M | |
Liabilities And Stockholders Equity | 1.5B | 1.8B | 2.4B | 2.5B | 2.2B | 1.7B | |
Non Current Liabilities Total | 25.8M | 30.2M | 47.6M | 33.8M | 24.8M | 23.5M | |
Inventory | 178.6M | 142.2M | 269.6M | 417.0M | 392.8M | 233.4M | |
Other Current Assets | 31.0M | 32.8M | 56.1M | 205.7M | 4.7M | 4.5M | |
Other Stockholder Equity | 1.7B | 1.8B | 1.9B | 1.9B | 2.0B | 1.6B | |
Total Liab | 719.3M | 853.4M | 1.2B | 1.2B | 1.1B | 978.6M | |
Property Plant And Equipment Gross | 150.9M | 199.0M | 491.4M | 484.0M | 826.0M | 867.3M | |
Short Long Term Debt | 217.4M | 180M | 323.6M | 476.8M | 267.3M | 299.9M | |
Total Current Assets | 1.3B | 1.5B | 1.9B | 2.0B | 1.8B | 1.4B | |
Accumulated Other Comprehensive Income | (12.4M) | (43.0M) | (51.1M) | (16.5M) | (9.5M) | (10.0M) | |
Non Current Liabilities Other | 22.4M | 24.9M | 21.0M | 13.4M | 9.0M | 12.5M | |
Short Term Debt | 217.4M | 180M | 323.6M | 476.8M | 272.4M | 300.6M | |
Intangible Assets | 42.1M | 54.4M | 3.7M | 1.9M | 1.3M | 1.2M | |
Common Stock | 96.5K | 98.5K | 99.4K | 99.7K | 100.3K | 92.2K | |
Property Plant Equipment | 150.9M | 199.0M | 491.4M | 484.0M | 556.5M | 584.4M | |
Net Invested Capital | 1.0B | 1.2B | 1.6B | 1.8B | 1.4B | 1.2B | |
Net Working Capital | 617.8M | 724.6M | 766.8M | 819.3M | 689.7M | 623.9M |
Pair Trading with Niu Technologies
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Niu Technologies position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Niu Technologies will appreciate offsetting losses from the drop in the long position's value.Moving against Niu Stock
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The ability to find closely correlated positions to Niu Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Niu Technologies when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Niu Technologies - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Niu Technologies to buy it.
The correlation of Niu Technologies is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Niu Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Niu Technologies moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Niu Technologies can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.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 Stocks Directory module to find actively traded stocks 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.