Slow Bull
The market, slowly. SATURDAY, 26 SEPTEMBER 2026

NaaS Technology Inc.

NAAS Nasdaq SEC CIK 1712178
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Financials

Reported figures only · latest: fiscal 2021 CNY · US GAAP
Revenue, last year CNY 33.5M +442.8% vs prior year
Net income −CNY 248.5M −87.6% vs prior year
EPS, diluted −CNY 2.20 −88% vs prior year
Operating cash flow −CNY 539.8M −162.4% vs prior year
Revenue by fiscal year
CNY 711M
CNY 969.3M
CNY 1.3B
CNY 1.5B
CNY 6.2M
CNY 33.5M
FY16 FY17 FY18 FY19 FY20 FY21

Source: SEC XBRL filings · latest filing

The long view

Fiscal years as reported · SEC XBRL filings, US GAAP
Revenue and net income8 fiscal years
  • Revenue
  • Net income
−CNY 500MCNY 0CNY 500MCNY 1BCNY 1.5BCNY 2BFY14FY15FY16FY17FY18FY19FY20FY21
Show the numbers
YearRevenueNet income
FY21CNY 33.5M−CNY 248.5M
FY20CNY 6.2M−CNY 132.4M
FY19CNY 1.5BCNY 148.1M
FY18CNY 1.3BCNY 143M
FY17CNY 969.3M−CNY 48M
FY16CNY 711MCNY 53.9M
FY15CNY 529.5M−CNY 26.3M
FY14--
MarginsShare of revenue
  • Gross margin
  • Operating margin
  • Net margin
−4000%−2000%0%2000%4000%6000%FY14FY15FY16FY17FY18FY19FY20FY21
Show the numbers
YearGross marginOperating marginNet margin
FY21-−89.7%−742.8%
FY205768.8%−285.7%−2148.8%
FY1954.6%−1%9.7%
FY1854.7%16.3%11.2%
FY1753.3%−0.1%−4.9%
FY1648.9%10%7.6%
FY1534.5%−9.3%−5%
FY14---
Free cash flowOperating cash flow minus capital expenditure
−CNY 400M−CNY 200MCNY 0CNY 200MCNY 400MFY14FY15FY16FY17FY18FY19FY20FY21
Show the numbers
YearFree cash flow
FY21-
FY20−CNY 229.6M
FY19−CNY 90.7M
FY18CNY 314.8M
FY17CNY 299.8M
FY16CNY 205.5M
FY15CNY 128.7M
FY14-
Returned to shareholdersDividends paid and shares bought back
  • Dividends
  • Buybacks
CNY 0CNY 200MCNY 400MCNY 600MFY14FY15FY16FY17FY18FY19FY20FY21
Show the numbers
YearDividendsBuybacks
FY21--
FY20-CNY 0
FY19-CNY 48M
FY18-CNY 21.4M
FY17CNY 571.8M-
FY16CNY 426M-
FY15CNY 0-
FY14--
Net margin vs the sectorMedian of Consumer companies filing with the SEC
  • NaaS Technology
  • Consumer median
−3000%−2000%−1000%0%1000%FY14FY15FY16FY17FY18FY19FY20FY21
Show the numbers
YearNaaS TechnologyConsumer median
FY21−742.8%2.9%
FY20−2148.8%1.9%
FY199.7%2.6%
FY1811.2%3%
FY17−4.9%2.6%
FY167.6%3.2%
FY15−5%3.4%
FY14-2.3%

News

No stories filed under NaaS Technology yet - coverage appears here as the news feed clusters it.