Niu Technologies (NIU)
2.32
+0.01
(+0.43%)
USD |
NASDAQ |
Nov 04, 13:11
Niu Technologies Gross Profit Margin (Quarterly): 16.98% for June 30, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| June 30, 2024 | 16.98% |
| March 31, 2024 | 18.93% |
| December 31, 2023 | 19.00% |
| September 30, 2023 | 21.35% |
| June 30, 2023 | 23.10% |
| March 31, 2023 | 21.66% |
| December 31, 2022 | 22.46% |
| September 30, 2022 | 22.10% |
| June 30, 2022 | 20.25% |
| March 31, 2022 | 19.06% |
| December 31, 2021 | 22.57% |
| September 30, 2021 | 19.99% |
| June 30, 2021 | 22.73% |
| March 31, 2021 | 23.81% |
| Date | Value |
|---|---|
| December 31, 2020 | 25.16% |
| September 30, 2020 | 20.92% |
| June 30, 2020 | 22.96% |
| March 31, 2020 | 23.58% |
| December 31, 2019 | 26.14% |
| September 30, 2019 | 22.19% |
| June 30, 2019 | 23.65% |
| March 31, 2019 | 21.30% |
| December 31, 2018 | 13.46% |
| September 30, 2018 | 12.41% |
| June 30, 2018 | 15.07% |
| March 31, 2018 | 12.72% |
| December 31, 2017 | 4.42% |
| September 30, 2017 | 8.84% |
Gross Profit Margin Definition
Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.
Gross Profit Margin (Quarterly) Range, Past 5 Years
16.98%
Minimum
Jun 2024
26.14%
Maximum
Dec 2019
21.72%
Average
22.10%
Median
Sep 2022
Gross Profit Margin (Quarterly) Benchmarks
| Kandi Technologies Group Inc | 30.25% |
| JD.com Inc | 15.76% |
| Li Auto Inc | 21.52% |
| XPeng Inc | 14.00% |
| ZEEKR Intelligent Technology Holding Ltd | 17.21% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | -25.48% |
| Return on Assets | -11.81% |
| Return on Invested Capital | -19.36% |
| Profit Margin (Quarterly) | -2.65% |
| Operating Margin (Quarterly) | -3.42% |
| Return on Net Operating Assets | -21.93% |