Niu Technologies (NIU) Return on Invested Capital (2021 - 2023)
Niu Technologies (NIU) posted Return on Invested Capital of 0.0% for Q3 2023, down 53.89% sequentially from 0.0% in Q2 2023, and little changed YoY from 0.0% in Q3 2022.
Niu Technologies (NIU) Return on Invested Capital (2021 - 2023) Analysis & Trends
Niu Technologies has reported Return on Invested Capital for 3 years, with the latest figure at 0.0% in Q3 2023.
- Quarterly Return on Invested Capital changed 0.0% year-over-year to 0.0% in Q3 2023, while the trailing twelve-month figure through Sep 2023 was 0.0% (changed 0.0% YoY) and the FY2022 annual result came in at 0.0%, down 1.0% from the prior year.
- Return on Invested Capital declined to 0.0% in Q3 2023 per NIU's latest filing, from 0.0% in the prior quarter.
- Over five years, Return on Invested Capital peaked at 7.03% in Q3 2021 and troughed at 0.0% in Q3 2023.
- A 3-year average of 2.4% and a median of 0.0% in 2022 frame the typical range for Return on Invested Capital.
- The sharpest annual moves came in 2022 and 2023: Return on Invested Capital sank 703 bps in 2022, then changed 0 bps in 2023.
- Over 3 years, Return on Invested Capital stood at 6.36% in 2021, then tumbled by 100 bps to 0.0% in 2022, then sank by 76 bps to 0.0% in 2023.
- According to Business Quant data, Return on Invested Capital over the past three periods registered 0.0%, 0.0%, and 0.0% for Q3 2023, Q2 2023, and Q1 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,062.42 Bn | 1,018.89 Bn | 4.75 Bn | - |
| 2 | Toyota Motor | 248.02 Bn | 113.80 Bn | 12.27 Bn | 0.00% |
| 3 | Honda Motor | 127.13 Bn | 92.93 Bn | -34.06 Bn | 0.00% |
| 4 | Ford Motor | 81.51 Bn | 50.18 Bn | 6.08 Bn | 0.00% |
| 5 | General Motors | 78.38 Bn | 53.66 Bn | 7.33 Bn | 0.00% |
| 6 | Li Auto | 26.25 Bn | 12.80 Bn | 262.11 Mn | 0.00% |
| 7 | Xpeng | 23.13 Bn | 20.59 Bn | 388.90 Mn | -0.01% |
| 8 | Rivian Automotive | 21.08 Bn | 15.77 Bn | 179.00 Mn | - |
| 9 | Stellantis | 16.04 Bn | -25.41 Bn | 5.55 Bn | 0.00% |
| 10 | Niu Technologies | 400.83 Mn | 400.83 Mn | 22.98 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2023 | 0.00% |
| Jun 30, 2023 | 0.00% |
| Mar 31, 2023 | 0.00% |
| Dec 31, 2022 | 0.00% |
| Sep 30, 2022 | 0.00% |
| Jun 30, 2022 | 0.00% |
| Mar 31, 2022 | 0.01% |
| Dec 31, 2021 | 6.36% |
| Sep 30, 2021 | 7.03% |
| Jun 30, 2021 | 6.65% |
| Mar 31, 2021 | 6.41% |