NAAS Chart
About

NaaS Technology Inc. provides electric vehicle (EV) charging services in China. The company offers online EV charging solutions to charging stations, including mobility connectivity services through Kuaidian; SaaS products, such as traffic support and management, marketing, payment, chargers management, order management, load management, and membership management; and operates full station. It also provides energy solutions comprising site selection; hardware procurement; engineering, procurement, and construction for charging station; and integrates smart photovoltaics energy storage and power charging for station upgrade, as well as offline operational and management services. In addition, the company offers electricity procurement services to charging stations; cloud-based virtual power plant platform to facilitate the establishment of a modern energy system for charging stations; and other amenities and ancillary services, such as vending machines, massage chairs, and car wash tunnels, as well as design and decoration, furniture, ands fixture procurement. NaaS Technology Inc. is headquartered in Beijing, China.

Fundamentals
Scroll to Statements
Sector Consumer Cyclical Industry Specialty Retail Market Cap 23.10M
Enterprise Value 11.43B Income -460.99M Sales 156.29M
Book/sh -60.61 Cash/sh 0.01 Dividend Yield —
Payout 0.00% Employees 225 IPO —
P/E — Forward P/E 219.00 PEG —
P/S 0.15 P/B -0.04 P/C —
EV/EBITDA -41.50 EV/Sales 73.15 Quick Ratio 0.09
Current Ratio 0.34 Debt/Eq — LT Debt/Eq —
EPS (ttm) -98.18 EPS next Y 0.01 EPS Growth —
Revenue Growth — Earnings — ROA -18.44%
ROE — ROIC — Gross Margin 75.03%
Oper. Margin -80.86% Profit Margin 0.00% Shs Outstand 10.14M
Shs Float 2.85B Short Float 1.06% Short Ratio 4.49
Short Interest — 52W High 25.60 52W Low 1.96
Beta 1.78 Avg Volume 21.66K Volume 3.59K
Target Price — Recom None Prev Close $2.10
Price $2.19 Change 4.53%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
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Mean price target
2. Current target
$2.19
Latest analyst target
3. DCF / Fair value
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Simplified FCF or EPS-based estimate
Ratings
Current target
$2.19
Low
—
High
—
Mean
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Insider Transactions

No recent insider transactions.

Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems-7.88M-40.24M-5.07M0.00
TaxRateForCalcs0.020.250.250.25
NormalizedEBITDA-491.64M-1.08B-5.59B-247.47M
TotalUnusualItems-381.67M-160.96M-20.29M279.10M
TotalUnusualItemsExcludingGoodwill-381.67M-160.96M-20.29M279.10M
NetIncomeFromContinuingOperationNetMinorityInterest-907.08M-1.29B-5.64B-260.46M
ReconciledDepreciation15.87M17.03M9.60M6.57M
ReconciledCostOfRevenue112.43M170.17M86.65M29.59M
EBITDA-873.31M-1.24B-5.61B-247.47M
EBIT-889.17M-1.26B-5.62B-254.05M
NetInterestIncome-39.84M-31.85M-10.28M-1.10M
InterestExpense38.01M31.16M10.24M1.10M
InterestIncome118.00K
NormalizedIncome-533.29M-1.17B-5.62B-260.46M
NetIncomeFromContinuingAndDiscontinuedOperation-913.48M-1.31B-5.64B-260.46M
TotalExpenses728.01M1.24B2.54B287.64M
TotalOperatingIncomeAsReported-807.03M-1.06B-2.46B-254.05M
DilutedAverageShares3.29M706.17K623.76K514.86K
BasicAverageShares3.29M706.17K623.76K514.86K
DilutedEPS-280.00-1.86K-9.02K-512.00
BasicEPS-280.00-1.86K-9.02K-512.00
DilutedNIAvailtoComStockholders-913.48M-1.31B-5.64B-260.46M
NetIncomeCommonStockholders-913.48M-1.31B-5.64B-260.46M
NetIncome-913.48M-1.31B-5.64B-260.46M
MinorityInterests958.00K237.00K0.000.00
NetIncomeIncludingNoncontrollingInterests-914.44M-1.31B-5.64B-260.46M
NetIncomeDiscontinuousOperations-6.40M-13.12M0.00-507.28M
NetIncomeContinuousOperations-908.04M-1.29B-5.64B-260.46M
TaxProvision-19.15M3.31M9.86M5.32M
PretaxIncome-927.19M-1.29B-5.63B-255.14M
OtherIncomeExpense-360.31M-253.40M-3.17B138.00K
OtherNonOperatingIncomeExpenses21.35M-92.44M-3.15B138.00K
SpecialIncomeCharges-300.92M-73.82M-22.04M279.10M
OtherSpecialCharges-279.10M
WriteOff300.92M73.82M22.04M
GainOnSaleOfSecurity-80.75M-87.14M1.75M
NetNonOperatingInterestIncomeExpense-39.84M-31.85M-10.28M-1.10M
TotalOtherFinanceCost1.82M697.00K37.00K10.00K
InterestExpenseNonOperating38.01M31.16M10.24M1.10M
InterestIncomeNonOperating118.00K
OperatingIncome-527.03M-1.01B-2.45B-254.19M
OperatingExpense615.58M1.07B2.45B258.05M
OtherOperatingExpenses1.42M
ResearchAndDevelopment42.07M61.61M36.56M30.25M
SellingGeneralAndAdministration573.51M1.01B2.42B227.80M
SellingAndMarketingExpense198.86M438.61M241.43M193.34M
GeneralAndAdministrativeExpense374.64M568.45M2.17B34.46M
OtherGandA374.64M568.45M2.17B34.46M
GrossProfit88.54M63.19M6.17M3.87M
CostOfRevenue112.43M170.17M86.65M29.59M
TotalRevenue200.98M233.36M92.81M33.45M
OperatingRevenue200.98M233.36M92.81M33.45M
Line Item2024-12-312023-12-312022-12-312021-12-31
OrdinarySharesNumber2.76B2.46B2.20B2.14B
ShareIssued2.76B2.46B2.20B2.14B
NetDebt938.96M591.22M6.70M92.31M
TotalDebt1.07B1.04B519.34M19.63M
TangibleBookValue-756.79M-100.44M438.04M29.44M
InvestedCapital311.11M980.42M942.03M29.44M
WorkingCapital-910.92M326.94M738.65M16.69M
NetTangibleAssets-756.79M-100.44M438.04M29.44M
CapitalLeaseObligations4.55M14.09M16.18M19.63M
CommonStockEquity-754.46M-47.04M438.87M29.44M
TotalCapitalization-703.39M634.78M904.03M29.44M
TotalEquityGrossMinorityInterest-754.13M-43.60M438.87M29.44M
MinorityInterest321.00K3.43M0.000.00
StockholdersEquity-754.46M-47.04M438.87M29.44M
OtherEquityInterest24.89M-4.70M
GainsLossesNotAffectingRetainedEarnings-97.19M-65.70M-35.20M0.00
OtherEquityAdjustments-97.19M-65.70M-35.20M33.01M
TreasuryStock6.86M0.00
RetainedEarnings-8.25B-7.34B-6.03B-393.89M
AdditionalPaidInCapital7.39B7.20B6.36B423.33M
CapitalStock186.68M165.18M146.73M0.00
CommonStock186.68M165.18M146.73M0.00
TotalLiabilitiesNetMinorityInterest1.40B1.51B667.06M148.65M
TotalNonCurrentLiabilitiesNetMinorityInterest54.37M691.67M474.92M12.57M
OtherNonCurrentLiabilities2.84M
LiabilitiesHeldforSaleNonCurrent0.00
NonCurrentDeferredLiabilities0.002.92M438.00K0.00
NonCurrentDeferredTaxesLiabilities0.002.92M438.00K0.00
LongTermDebtAndCapitalLeaseObligation54.37M688.76M474.48M12.57M
LongTermCapitalLeaseObligation3.30M6.94M9.33M12.57M
LongTermDebt51.07M681.82M465.15M108.33M
CurrentLiabilities1.35B817.03M192.14M136.09M
OtherCurrentLiabilities50.59M736.00K
CurrentDeferredLiabilities32.51M101.05M33.54M25.11M
CurrentDeferredRevenue32.51M101.05M33.54M25.11M
CurrentDebtAndCapitalLeaseObligation1.02B352.79M44.85M7.07M
CurrentCapitalLeaseObligation1.25M7.15M6.85M7.07M
CurrentDebt1.01B345.64M38.00M
OtherCurrentBorrowings1.01B345.64M38.00M
PayablesAndAccruedExpenses251.56M363.19M113.75M103.91M
CurrentAccruedExpenses88.31M114.61M20.38M10.51M
Payables163.25M248.58M93.37M93.40M
OtherPayable47.21M71.57M22.06M11.56M
TotalTaxPayable11.82M24.94M22.07M64.97M
IncomeTaxPayable796.00K19.17M16.21M6.79M
AccountsPayable104.22M152.07M49.24M16.87M
TotalAssets650.64M1.47B1.11B178.09M
TotalNonCurrentAssets211.15M321.13M175.15M25.31M
OtherNonCurrentAssets2.05M8.58M13.87M
NonCurrentDeferredAssets337.00K
NonCurrentDeferredTaxesAssets337.00K
InvestmentsAndAdvances199.36M240.74M140.81M5.00M
InvestmentinFinancialAssets198.95M240.48M140.81M5.00M
AvailableForSaleSecurities195.79M205.69M129.06M
FinancialAssetsDesignatedasFairValueThroughProfitorLossTotal3.16M34.79M11.75M5.00M
LongTermEquityInvestment411.00K267.00K0.00
GoodwillAndOtherIntangibleAssets2.33M53.41M833.00K0.00
OtherIntangibleAssets2.33M13.32M833.00K
Goodwill0.0040.09M0.00
NetPPE7.41M18.40M19.63M20.31M
AccumulatedDepreciation-22.60M-33.49M-21.57M-12.61M
GrossPPE30.00M51.90M41.20M32.92M
OtherProperties14.80M10.78M10.83M8.57M
MachineryFurnitureEquipment5.83M6.20M2.87M
BuildingsAndImprovements9.37M34.92M27.50M24.35M
Properties0.000.000.000.00
CurrentAssets439.50M1.14B930.79M152.78M
OtherCurrentAssets30.37M34.10M
AssetsHeldForSaleCurrent55.03M0.000.00
RestrictedCash16.90M0.00
PrepaidAssets135.53M231.57M260.78M43.97M
Inventory0.0022.46M0.00
InventoriesAdjustmentsAllowances-1.18M
FinishedGoods1.18M17.66M0.00
WorkInProcess0.004.80M0.00
Receivables113.16M355.64M156.66M100.31M
ReceivablesAdjustmentsAllowances-1.47M
OtherReceivables14.85M195.78M24.03M28.94M
DuefromRelatedPartiesCurrent1.21M27.70M0.00556.00K
TaxesReceivable52.60M59.01M2.63M32.37M
AccountsReceivable44.51M73.14M130.00M38.46M
AllowanceForDoubtfulAccountsReceivable-69.14M-60.51M-22.25M-2.47M
GrossAccountsReceivable113.64M133.66M152.26M40.93M
CashCashEquivalentsAndShortTermInvestments135.79M534.30M496.45M8.49M
OtherShortTermInvestments9.17M98.06M0.00
CashAndCashEquivalents126.61M436.24M496.45M8.49M
CashEquivalents2.29M3.35M898.00K4.75M
CashFinancial124.32M432.89M495.55M3.73M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow-179.14M-573.93M-603.25M-219.72M
RepurchaseOfCapitalStock-39.96M-8.62M0.00
RepaymentOfDebt-161.49M-151.10M-6.83M-1.88M
IssuanceOfDebt305.10M1.05B1.28B0.00
IssuanceOfCapitalStock149.01M768.73M0.00
CapitalExpenditure-6.33M-17.13M-606.00K
EndCashPosition126.70M436.24M513.35M8.49M
BeginningCashPosition436.24M513.35M8.49M3.67M
EffectOfExchangeRateChanges-6.63M
ChangesInCash-309.54M-77.11M504.86M4.82M
FinancingCashFlow71.27M830.11M1.25B229.54M
CashFromDiscontinuedFinancingActivities-23.31M
CashFlowFromContinuingFinancingActivities71.27M830.11M1.25B229.54M
NetOtherFinancingCharges-30.02M-38.42M-8.62M231.62M
InterestPaidCFF-42.33M-32.23M-9.54M-193.00K
ProceedsFromStockOptionExercised812.00K
CashDividendsPaid0.000.000.000.00
NetPreferredStockIssuance-39.96M547.73M0.00
PreferredStockPayments-39.96M-8.62M0.00
PreferredStockIssuance0.00556.36M0.00
NetCommonStockIssuance149.01M212.38M0.00
CommonStockPayments0.00
CommonStockIssuance149.01M212.38M0.00
NetIssuancePaymentsOfDebt143.61M900.75M1.27B-1.88M
NetLongTermDebtIssuance143.61M900.75M1.27B-1.88M
LongTermDebtPayments-161.49M-151.10M-6.83M-1.88M
LongTermDebtIssuance305.10M1.05B1.28B0.00
InvestingCashFlow-201.67M-339.61M-161.34M-5.61M
CashFromDiscontinuedInvestingActivities-53.53M
CashFlowFromContinuingInvestingActivities-201.67M-339.61M-161.34M-5.61M
DividendsReceivedCFI4.27M4.28M0.00
NetInvestmentPurchaseAndSale-208.56M-303.51M-144.20M-5.00M
SaleOfInvestment332.77M421.75M0.000.00
PurchaseOfInvestment-541.33M-725.26M-144.20M-5.00M
NetBusinessPurchaseAndSale2.62M-34.05M0.000.00
SaleOfBusiness2.62M0.000.0015.93M
PurchaseOfBusiness0.00-34.05M0.000.00
NetPPEPurchaseAndSale0.00-6.33M-17.13M-606.00K
PurchaseOfPPE0.00-6.33M-17.13M-606.00K
OperatingCashFlow-179.14M-567.60M-586.12M-219.11M
CashFromDiscontinuedOperatingActivities-509.82M
CashFlowFromContinuingOperatingActivities-179.14M-567.60M-586.12M-219.11M
InterestReceivedCFO634.00K5.24M4.83M0.00
ChangeInWorkingCapital194.63M2.92M-282.31M14.37M
ChangeInOtherWorkingCapital-42.05M56.12M24.02M6.08M
ChangeInOtherCurrentLiabilities24.02M6.08M
ChangeInPayablesAndAccruedExpense-33.65M220.93M-7.16M101.10M
ChangeInAccruedExpense7.16M
ChangeInPayable-33.65M220.93M-7.16M101.10M
ChangeInPrepaidAssets232.31M-170.81M-187.83M-59.18M
ChangeInInventory22.82M-36.84M0.000.00
ChangeInReceivables15.20M-66.48M-111.33M-33.63M
ChangesInAccountReceivables-111.33M-740.00K
OtherNonCashItems37.82M27.72M1.92B1.10M
StockBasedCompensation160.42M399.08M213.83M10.79M
UnrealizedGainLossOnInvestmentSecurities80.26M204.04M3.16B
ProvisionandWriteOffofAssets-10.69M14.41M0.000.00
AssetImpairmentCharge307.47M74.73M20.59M3.21M
DepreciationAmortizationDepletion15.87M17.03M9.60M6.57M
DepreciationAndAmortization15.87M17.03M9.60M6.57M
AmortizationCashFlow8.15M7.68M167.00K0.00
AmortizationOfIntangibles8.15M7.68M167.00K0.00
Depreciation7.71M9.35M9.43M6.57M
OperatingGainsLosses-33.15M-9.40M213.83M10.79M
PensionAndEmployeeBenefitExpense213.83M10.79M
GainLossOnInvestmentSecurities-16.88M-9.40M
NetIncomeFromContinuingOperations-932.40M-1.30B-5.63B-255.14M
SEC Filings

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