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NASDAQ · RETAIL-RETAIL STORES, NEC · SMALL CAP

NaaS Technology Inc. NAAS

7 fiscal years on record · CNY · FY2021 reported · SEC filings only
CNY 33.5M
▲ 442.8% YoY
CNY -248.5M

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

The company is a new energy asset operation service provider, leveraging artificial intelligence (AI) technology to achieve intelligent matching of electric vehicle charging supply and demand. The company provides convenient, efficient and smart charging services for electric vehicle owners, while helping charging station operators to improve operational efficiency and profitability. The company offers integrated solutions covering the planning, deployment, and operational optimization of EV charging for energy asset owners. In addition to providing mobility connectivity services, the company also independently and fully operates stations for station owners.

Written from the business description in NaaS Technology Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 17 April 2026. Every sentence was checked against that document before publication.

Growth

CNY 33.5M
Revenue, FY2021 · full 7-year series below
Revenue CNY B Net income CNY B
FY2021 · Revenue 0.0 · Net income -0.2
1.0B2.0B-0.1B-0.2B
201520182021
Compound annual growth
−70.3%
−45.7%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at −45.7% a year over the five years to FY2021.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

−772 cents
lost on every revenue dollar
Operating margin Net margin
FY2021 · Operating -89.7% · Net -771.8%
-200%-400%-600%
201520182021
ROE
FY2020 · ROE -24.0%
10%20%30%-10%-20%
201520182021
Three returns, three denominators.
Return on equityNot applicable: equity was zero or negative in this period, so return on equity has no meaning.

Return on equity has no reading this year — return on capital employed, just below, still does: -5%.

Cash & shareholders

·
returned in FY2021 · dividends + net buybacks
Free cash flow CNY M
FY2020 · FCF -229.6
150M300M-100M-200M
201520182021
Net buybacks CNY M Dividends CNY M
FY2020 · Dividends · · Net buybacks -1.9
250.0M500.0M
201520162017201820192020

Total assetsCNY 30.7M
EquityCNY -89.1M
CashCNY 8.5M
Current ratio3.55×

Equity funds -291% of total assets.

The 7-year record

7 fiscal years
Every figure from documents filed with the SEC · CNY
row low → row highnegative—not applicable◌not available in our data
NAAS, 7-year financial record
Metric 2021202020192018201720162015
Revenue CNY B0.00.01.51.31.00.70.5
Operating income CNY B−0.0−0.0−0.00.2−0.00.1−0.0
EBITDA CNY B◌0.10.10.30.00.10.0
Income tax CNY B◌−0.00.10.10.10.0−0.0
Net income CNY B−0.2−0.10.10.1−0.00.1−0.0
Free cash flow CNY B◌−0.2−0.10.30.30.20.1
EPS, diluted CNY −2.20−1.171.291.23−0.470.54−0.26
Dividend / sh CNY ◌◌◌◌◌◌◌
Payout %————−1192790−0
ROE %—−24.027.837.3−13.49.3−3.5
Shares out B0.110.110.110.110.110.10◌

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

More in this sector

Other companies filing in the same sector

Provenance

Company facts, as filed

How we verify · 1 failure in 32 reconciliationsAUDITED

Reconciled in 6 of the 7 fiscal years we could check. 18 checks were skipped: the balance sheet is not tagged before 2016. Eight checks were skipped: EPS is not tagged before 2015. Eight checks were skipped: revenue is not tagged before 2015.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency1 failure
ActivityRetail-Retail Stores, NEC
Listed onNASDAQ
Incorporated inoutside the United States — SEC code E9
Fiscal year endsnot stated in the filings
Data on record since2015

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