Niu Technologies (NIU) Asset Utilization Ratio (2018 - 2022)
Niu Technologies (NIU) posted Asset Utilization Ratio of 1.58 for Q1 2022, up 7.79% sequentially from 1.46 in Q4 2021, and up 8.64% YoY from 1.45 in Q1 2021.
Niu Technologies (NIU) Asset Utilization Ratio (2018 - 2022) Analysis & Trends
Niu Technologies has reported Asset Utilization Ratio for 5 years, with the latest figure at 1.58 in Q1 2022.
- Quarterly Asset Utilization Ratio rose 8.64% year-over-year to 1.58 in Q1 2022, while the trailing twelve-month figure through Mar 2022 was 1.58 (up 8.64% YoY) and the FY2025 annual result came in at 1.58, up 16.84% from the prior year.
- Asset Utilization Ratio improved to 1.58 in Q1 2022 per NIU's latest filing, from 1.46 in the prior quarter.
- Over five years, Asset Utilization Ratio peaked at 1.58 in Q1 2022 and troughed at 1.26 in Q3 2020.
- A 5-year average of 1.38 and a median of 1.36 in 2019 frame the typical range for Asset Utilization Ratio.
- The sharpest annual moves came in 2019 and 2021: Asset Utilization Ratio declined 8.05% in 2019, then climbed 15.96% in 2021.
- Over 5 years, Asset Utilization Ratio stood at 1.44 in 2018, then declined by 8.05% to 1.32 in 2019, then decreased by 4.72% to 1.26 in 2020, then increased by 15.96% to 1.46 in 2021, then gained by 7.79% to 1.58 in 2022.
- According to Business Quant data, Asset Utilization Ratio over the past three periods registered 1.58, 1.46, and 1.41 for Q1 2022, Q4 2021, and Q3 2021 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,062.42 Bn | 1,018.89 Bn | 4.75 Bn | 0.71 |
| 2 | Toyota Motor | 248.02 Bn | 113.80 Bn | 12.27 Bn | 0.41 |
| 3 | Honda Motor | 127.13 Bn | 92.93 Bn | -34.06 Bn | 0.51 |
| 4 | Ford Motor | 81.51 Bn | 50.18 Bn | 6.08 Bn | 0.66 |
| 5 | General Motors | 78.38 Bn | 53.66 Bn | 7.33 Bn | 0.69 |
| 6 | Li Auto | 26.25 Bn | 12.80 Bn | 262.11 Mn | 0.73 |
| 7 | Xpeng | 23.13 Bn | 20.59 Bn | 388.90 Mn | 0.72 |
| 8 | Rivian Automotive | 21.08 Bn | 15.77 Bn | 179.00 Mn | 0.40 |
| 9 | Stellantis | 16.04 Bn | -25.41 Bn | 5.55 Bn | 0.72 |
| 10 | Niu Technologies | 400.83 Mn | 400.83 Mn | 22.98 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2022 | 1.58 |
| Dec 31, 2021 | 1.46 |
| Sep 30, 2021 | 1.41 |
| Jun 30, 2021 | 1.49 |
| Mar 31, 2021 | 1.45 |
| Dec 31, 2020 | 1.26 |
| Sep 30, 2020 | 1.26 |
| Jun 30, 2020 | 1.34 |
| Mar 31, 2020 | 1.35 |
| Dec 31, 2019 | 1.32 |
| Sep 30, 2019 | 1.27 |
| Jun 30, 2019 | 1.33 |
| Mar 31, 2019 | 1.37 |
| Dec 31, 2018 | 1.44 |