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Niu Technologies | 6-K: Report of foreign private issuer (related to financial reporting)

Niu Technologies | 6-K: Report of foreign private issuer (related to financial reporting)

小牛電動 | 6-K:外國發行人報告(業績相關)
美股SEC公告 ·  2024/11/18 19:14

牛牛AI助理已提取核心訊息

Niu Technologies reported Q3 2024 revenues of RMB 1,023.9 million, up 10.5% YoY, driven by a 17.5% increase in e-scooter sales volume to 312,405 units. The company's net loss narrowed to RMB 40.9 million from RMB 79.4 million in Q3 2023, while gross margin declined to 13.8% from 21.4% YoY.China market e-scooter sales grew 12.4% to 259,094 units, while international markets surged 50.3% to 53,311 units. Operating expenses decreased 30.5% YoY to RMB 200.6 million, primarily due to reduced allowance for doubtful accounts. The company maintained a strong financial position with RMB 1,045.2 million in cash and investments.Looking ahead, Niu Technologies expects Q4 2024 revenues between RMB 622-718 million, representing 30-50% YoY growth. The company continues to expand its retail presence and recently showcased new models at Milan EICMA, demonstrating its commitment to innovation despite recent policy changes in China affecting sales timing.
Niu Technologies reported Q3 2024 revenues of RMB 1,023.9 million, up 10.5% YoY, driven by a 17.5% increase in e-scooter sales volume to 312,405 units. The company's net loss narrowed to RMB 40.9 million from RMB 79.4 million in Q3 2023, while gross margin declined to 13.8% from 21.4% YoY.China market e-scooter sales grew 12.4% to 259,094 units, while international markets surged 50.3% to 53,311 units. Operating expenses decreased 30.5% YoY to RMB 200.6 million, primarily due to reduced allowance for doubtful accounts. The company maintained a strong financial position with RMB 1,045.2 million in cash and investments.Looking ahead, Niu Technologies expects Q4 2024 revenues between RMB 622-718 million, representing 30-50% YoY growth. The company continues to expand its retail presence and recently showcased new models at Milan EICMA, demonstrating its commitment to innovation despite recent policy changes in China affecting sales timing.
小牛電動報告了2024年第三季度的收入爲102390萬人民幣,同比增長10.5%,這得益於電動滑板車銷量增長17.5%,達312,405台。公司的淨虧損從2023年第三季度的7940萬人民幣收窄至4090萬人民幣,而毛利率同比下降至13.8%,前值爲21.4%。中國市場電動滑板車銷量增長12.4%,達到259,094台,而國際市場激增50.3%,達到53,311台。營業費用同比下降30.5%,至20060萬人民幣,主要是由於減少了壞賬準備。公司保持了強大的財務狀況,手頭有104520萬人民幣的現金和投資。展望未來,小牛電動預計2024年第四季度的收入在62200萬到71800萬人民幣之間,同比增長30%到50%。公司繼續擴展其零售業務,並在米蘭EICMA展會上展示了新款車型,儘管中國近期政策變化影響了銷售時機,但仍彰顯了其對創新的承諾。
小牛電動報告了2024年第三季度的收入爲102390萬人民幣,同比增長10.5%,這得益於電動滑板車銷量增長17.5%,達312,405台。公司的淨虧損從2023年第三季度的7940萬人民幣收窄至4090萬人民幣,而毛利率同比下降至13.8%,前值爲21.4%。中國市場電動滑板車銷量增長12.4%,達到259,094台,而國際市場激增50.3%,達到53,311台。營業費用同比下降30.5%,至20060萬人民幣,主要是由於減少了壞賬準備。公司保持了強大的財務狀況,手頭有104520萬人民幣的現金和投資。展望未來,小牛電動預計2024年第四季度的收入在62200萬到71800萬人民幣之間,同比增長30%到50%。公司繼續擴展其零售業務,並在米蘭EICMA展會上展示了新款車型,儘管中國近期政策變化影響了銷售時機,但仍彰顯了其對創新的承諾。

譯文內容由第三人軟體翻譯。


牛牛AI助手部分由第三方人工智慧模型基於資訊內容自動產生。


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