Niu Operating Income vs Total Other Income Expense Net Analysis

NIU Stock

USD 2.18 0.21 8.79%

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 Operating Income and its Total Other Income Expense Net 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.

Operating Income vs Total Other Income Expense Net

Operating Income vs Total Other Income Expense Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Niu Technologies Operating Income account and Total Other Income Expense Net. At this time, the significance of the direction appears to have strong relationship.

The correlation between Niu Technologies' Operating Income and Total Other Income Expense Net is 0.73. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Total Other Income Expense Net 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' Operating Income and Total Other Income Expense Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Niu Technologies are associated (or correlated) with its Total Other Income Expense Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Other Income Expense Net has no effect on the direction of Operating Income i.e., Niu Technologies' Operating Income and Total Other Income Expense Net go up and down completely randomly.

Correlation Coefficient

0.73

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Operating Income

Operating Income is the amount of profit realized from Niu Technologies operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Niu Technologies is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Total Other Income Expense Net

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

Interest Expense Depreciation And Amortization

Niu Technologies fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Capital Surpluse	Inventory	Other Current Assets	Other Stockholder Equity
Total Assets		0.6	0.96	0.98	0.99	0.96	0.96	0.95	0.83	-0.55	-0.3	0.98	0.68	0.91	-0.91	-0.89	0.96	0.94	0.93	0.13	0.69	-0.91	0.92	0.92	0.65	0.95
Short Long Term Debt Total	0.6		0.48	0.7	0.49	0.43	0.49	0.73	0.6	-0.08	0.18	0.53	0.36	0.72	-0.45	-0.44	0.38	0.74	0.33	0.29	0.19	-0.32	0.32	0.73	0.79	0.39
Other Current Liab	0.96	0.48		0.93	0.97	0.98	0.92	0.86	0.84	-0.53	-0.45	0.93	0.63	0.8	-0.96	-0.95	0.98	0.84	0.95	0.05	0.77	-0.95	0.94	0.81	0.57	0.97
Total Current Liabilities	0.98	0.7	0.93		0.94	0.94	0.93	0.97	0.89	-0.53	-0.28	0.97	0.69	0.92	-0.9	-0.88	0.92	0.95	0.88	0.17	0.62	-0.85	0.87	0.94	0.65	0.9
Total Stockholder Equity	0.99	0.49	0.97	0.94		0.97	0.95	0.91	0.78	-0.58	-0.37	0.96	0.67	0.86	-0.92	-0.9	0.98	0.91	0.96	0.06	0.71	-0.94	0.96	0.88	0.63	0.98
Other Liab	0.96	0.43	0.98	0.94	0.97		0.93	0.88	0.85	-0.55	-0.41	0.96	0.63	0.83	-0.94	-0.92	0.98	0.84	0.95	0.14	0.77	-0.93	0.94	0.82	0.48	0.96
Net Tangible Assets	0.96	0.49	0.92	0.93	0.95	0.93		0.89	0.79	-0.74	-0.43	0.95	0.83	0.84	-0.92	-0.87	0.94	0.88	0.92	0.1	0.55	-0.93	0.89	0.89	0.49	0.94
Property Plant And Equipment Net	0.95	0.73	0.86	0.97	0.91	0.88	0.89		0.77	-0.43	-0.06	0.94	0.6	0.99	-0.79	-0.76	0.84	0.99	0.8	0.29	0.6	-0.75	0.79	0.94	0.67	0.82
Current Deferred Revenue	0.83	0.6	0.84	0.89	0.78	0.85	0.79	0.77		-0.49	-0.4	0.84	0.62	0.71	-0.84	-0.81	0.82	0.72	0.77	0.17	0.55	-0.76	0.76	0.77	0.5	0.79
Net Debt	-0.55	-0.08	-0.53	-0.53	-0.58	-0.55	-0.74	-0.43	-0.49		0.74	-0.61	-0.96	-0.33	0.69	0.63	-0.6	-0.45	-0.68	0.26	0.03	0.73	-0.64	-0.6	-0.05	-0.68
Retained Earnings	-0.3	0.18	-0.45	-0.28	-0.37	-0.41	-0.43	-0.06	-0.4	0.74		-0.33	-0.64	0.09	0.63	0.65	-0.46	-0.07	-0.57	0.58	-0.05	0.65	-0.57	-0.24	0.09	-0.56
Accounts Payable	0.98	0.53	0.93	0.97	0.96	0.96	0.95	0.94	0.84	-0.61	-0.33		0.72	0.9	-0.9	-0.87	0.95	0.92	0.93	0.14	0.63	-0.88	0.91	0.91	0.52	0.93
Cash	0.68	0.36	0.63	0.69	0.67	0.63	0.83	0.6	0.62	-0.96	-0.64	0.72		0.51	-0.77	-0.71	0.66	0.62	0.72	-0.15	0.02	-0.77	0.68	0.76	0.26	0.74
Non Current Assets Total	0.91	0.72	0.8	0.92	0.86	0.83	0.84	0.99	0.71	-0.33	0.09	0.9	0.51		-0.7	-0.65	0.79	0.97	0.72	0.41	0.62	-0.67	0.71	0.89	0.66	0.74
Non Currrent Assets Other	-0.91	-0.45	-0.96	-0.9	-0.92	-0.94	-0.92	-0.79	-0.84	0.69	0.63	-0.9	-0.77	-0.7		0.99	-0.93	-0.78	-0.95	0.08	-0.58	0.97	-0.94	-0.81	-0.46	-0.96
Other Assets	-0.89	-0.44	-0.95	-0.88	-0.9	-0.92	-0.87	-0.76	-0.81	0.63	0.65	-0.87	-0.71	-0.65	0.99		-0.91	-0.75	-0.94	0.15	-0.59	0.95	-0.95	-0.79	-0.5	-0.95
Cash And Short Term Investments	0.96	0.38	0.98	0.92	0.98	0.98	0.94	0.84	0.82	-0.6	-0.46	0.95	0.66	0.79	-0.93	-0.91		0.82	0.97	0.02	0.76	-0.96	0.96	0.8	0.5	0.98
Net Receivables	0.94	0.74	0.84	0.95	0.91	0.84	0.88	0.99	0.72	-0.45	-0.07	0.92	0.62	0.97	-0.78	-0.75	0.82		0.8	0.25	0.54	-0.75	0.79	0.96	0.71	0.82
Common Stock Total Equity	0.93	0.33	0.95	0.88	0.96	0.95	0.92	0.8	0.77	-0.68	-0.57	0.93	0.72	0.72	-0.95	-0.94	0.97	0.8		-0.11	0.64	-0.98	1.0	0.83	0.5	0.99
Common Stock Shares Outstanding	0.13	0.29	0.05	0.17	0.06	0.14	0.1	0.29	0.17	0.26	0.58	0.14	-0.15	0.41	0.08	0.15	0.02	0.25	-0.11		0.21	0.15	-0.13	0.15	0.02	-0.09
Short Term Investments	0.69	0.19	0.77	0.62	0.71	0.77	0.55	0.6	0.55	0.03	-0.05	0.63	0.02	0.62	-0.58	-0.59	0.76	0.54	0.64	0.21		-0.61	0.66	0.38	0.42	0.65
Non Current Liabilities Total	-0.91	-0.32	-0.95	-0.85	-0.94	-0.93	-0.93	-0.75	-0.76	0.73	0.65	-0.88	-0.77	-0.67	0.97	0.95	-0.96	-0.75	-0.98	0.15	-0.61		-0.97	-0.78	-0.48	-0.99
Capital Surpluse	0.92	0.32	0.94	0.87	0.96	0.94	0.89	0.79	0.76	-0.64	-0.57	0.91	0.68	0.71	-0.94	-0.95	0.96	0.79	1.0	-0.13	0.66	-0.97		0.81	0.51	0.99
Inventory	0.92	0.73	0.81	0.94	0.88	0.82	0.89	0.94	0.77	-0.6	-0.24	0.91	0.76	0.89	-0.81	-0.79	0.8	0.96	0.83	0.15	0.38	-0.78	0.81		0.68	0.83
Other Current Assets	0.65	0.79	0.57	0.65	0.63	0.48	0.49	0.67	0.5	-0.05	0.09	0.52	0.26	0.66	-0.46	-0.5	0.5	0.71	0.5	0.02	0.42	-0.48	0.51	0.68		0.53
Other Stockholder Equity	0.95	0.39	0.97	0.9	0.98	0.96	0.94	0.82	0.79	-0.68	-0.56	0.93	0.74	0.74	-0.96	-0.95	0.98	0.82	0.99	-0.09	0.65	-0.99	0.99	0.83	0.53

Click cells to compare fundamentals

Niu Technologies Account Relationship Matchups

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

0.85	MGA	Magna International	Pair Corr
0.72	LEA	Lear	Pair Corr
0.72	GNTX	Gentex	Pair Corr
0.66	VFS	VinFast Auto Trending	Pair Corr
0.64	SRI	Stoneridge	Pair Corr

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.

Pair Correlation Correlation Matching

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:

How To Invest In Niu

Details

Is Niu Stock a good investment?

Details

What is Niu Technologies' Net Worth?

Details

Largest Motorcycle Manufacturers Companies

View

Largest Automobiles & Components Companies

View

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 Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

Complementary 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.

	Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated
	Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges
	Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules
	Money Managers Screen money managers from public funds and ETFs managed around the world
	Fundamental Analysis View fundamental data based on most recent published financial statements
	Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
	Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Niu Operating Income vs Total Other Income Expense Net Analysis

Operating Income vs Total Other Income Expense Net

Operating Income vs Total Other Income Expense Net Correlation Analysis

Correlation Coefficient

Operating Income

Total Other Income Expense Net

Niu Technologies fundamental ratios Correlations

Niu Technologies Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Niu Technologies fundamental ratios Accounts

Pair Trading with Niu Technologies

Moving against Niu Stock

Complementary Tools for Niu Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Capital Surpluse	+ 1.0	Common Stock Total Equity
Total Stockholder Equity	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net
Net Receivables	+ 0.99	Property Plant And Equipment Net
Other Assets	+ 0.99	Non Currrent Assets Other
Other Stockholder Equity	+ 0.99	Common Stock Total Equity

Other Stockholder Equity	- 0.99	Non Current Liabilities Total
Non Current Liabilities Total	- 0.98	Common Stock Total Equity
Capital Surpluse	- 0.97	Non Current Liabilities Total
Non Current Liabilities Total	- 0.96	Cash And Short Term Investments
Other Stockholder Equity	- 0.96	Non Currrent Assets Other
Cash	- 0.96	Net Debt