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NAAS Financial Statements and Analysis

NASDAQ : NAAS

NaaS Technology Inc.

$1.63
0.23+16.43%
At Close 4:00 PM
$1.44
-0.19-11.66%
After-Market 07:59 PM
50
BESG ScoreESG Rating

NAAS FINANCIAL STATEMENTS

An instrumental part of fundamental analysis is measuring key indicators of an asset, which are the factors that can influence its value and price. However, sometimes investors show more interest in financial statements with other factors to determine whether investing in that company is the right decision. Financial statements of a company include:

  • Balance Sheet
  • Income Statement
  • Cash Flow Statement

NAAS Income Statement

A company's income statement helps investors and business owners determine whether the company is profitable or losing money. Profitability is a key factor investors consider before investing in a stock. Income statements provide them with information about a company's profitability over time. The statement also enables them to observe trends in company spending and earnings since it breaks down individual costs and revenues. Income statements also provide details on where a company's money is going when it isn't profitable or its profits fluctuate.

Date2024-09-302024-06-302024-03-312023-12-312023-09-30
reported currencyCNYCNYCNYCNYCNY
calendar year20242024202420232023
periodQ3Q2Q1Q4Q3
revenue44.448M91.693M96.237M64.359M170.944M
cost of revenue19.298M61.24M71.889M47.652M124.115M
gross profit25.15M30.453M24.348M16.707M46.829M
gross profit ratio0.5660.3320.2530.260.274
research and development expenses4.92M11.274M21.523M26.619M17.418M
general and administrative expenses48.674M61.017M123.005M254.864M107.668M
selling and marketing expenses29.697M51.856M71.201M134.024M160.199M
selling general and administrative expenses78.371M112.873M194.206M388.888M267.867M
other expenses-7.964M-9.286M4.786M04.965M
operating expenses75.327M114.861M215.729M501.147M285.285M
cost and expenses94.625M176.101M287.618M548.799M409.40M
interest income00010.118M8.539M
interest expense5.466M7.45M17.732M08.539M
depreciation and amortization-13.387M2.217M2.217M94.25K94.25K
ebitda-63.564M-84.408M-207.313M-386.161M-233.491M
ebitda ratio-1.43-0.921-1.939-6.00-1.366
operating income-50.177M-84.408M-186.595M-386.255M-233.491M
operating income ratio-1.129-0.921-1.939-6.002-1.366
total other income expenses net-18.853M-60.091M-38.45M-108.303M-116.02M
income before tax-69.03M-144.499M-225.045M-494.558M-363.015M
income before tax ratio-1.553-1.576-2.338-7.684-2.124
income tax expense-59.513M-9.056M2.687M3.371M2.178M
net income-7.684M-135.471M-227.399M-495.73M-366.863M
net income ratio-0.173-1.477-2.363-7.703-2.146
eps-0.003-0.052-0.091-2.10-1.63
eps diluted-0.003-0.052-0.091-2.08-1.63
weighted average shs out2.694B2.613B2.509B236.062M224.959M
weighted average shs out dil2.694B2.613B2.509B238.126M224.959M
Graph

NAAS Balance Sheet

Balance sheet summarizes a company's financials and can be used as a basis by investors to determine the value of a company. It shows the value of the stock, as well as the assets and liabilities of the company. A company's balance sheet displays how its assets are put to use and how those assets are financed, based on the liabilities section. Both investors and analysts analyze a company's balance sheet to determine how it allocates its resources.

Date2024-09-302024-06-302024-03-312023-09-302023-06-30
reported currencyCNYCNYCNYCNYCNY
calendar year20242024202420232023
periodQ3Q2Q1Q3Q2
cash and cash equivalents127.861M179.599M297.071M396.072M516.541M
short term investments246.888M240.575M84.476M307.225M101.161M
cash and short term investments374.749M428.761M381.547M703.297M617.702M
net receivables540.806M349.667M142.226M889.666M531.236M
inventory4.149M19.449M22.343M18.852M29.582M
other current assets54.94M232.833M0733.845M26.988M
total current assets974.644M1.031B1.018B1.612B1.179B
property plant equipment net12.213M14.077M16.201M17.247M22.581M
goodwill040.371M40.10M40.59M40.522M
intangible assets2.521M11.997M12.626M11.572M12.146M
goodwill and intangible assets2.521M52.368M52.726M52.162M52.668M
long term investments227.53M207.097M201.445M119.501M123.879M
tax assets67.423M0000
other non current assets3.545M5.482M7.042M9.221M10.664M
total non current assets313.232M279.024M277.414M198.131M209.792M
other assets00000
total assets1.288B1.31B1.295B1.81B1.388B
account payables149.97M174.103M147.995M181.061M114.763M
short term debt1.095B592.093M488.182M660.037M160.439M
tax payables19.239M12.97M21.942M16.258M14.137M
deferred revenue00-7.567M060.182M
other current liabilities221.497M209.891M227.136M234.918M97.573M
total current liabilities1.485B989.057M885.255M1.076B432.957M
long term debt20.685M560.421M568.878M561.045M583.955M
deferred revenue non current00-2.833M555.191M572.841M
deferred tax liabilities non current1.423M2.759M2.833M2.344M2.431M
other non current liabilities000-555.191M-572.841M
total non current liabilities22.108M563.18M571.711M563.389M586.386M
other liabilities00000
capital lease obligations9.922M10.094M12.624M12.421M17.304M
total liabilities1.508B1.552B1.457B1.639B1.019B
preferred stock0024.891M00
common stock184.733M178.549M173.932M151.598M149.23M
retained earnings-7.709B-7.701B-7.566B-6.842B-6.476B
accumulated other comprehensive income loss-92.353M-107.526M-105.823M-62.763M-57.142M
other total stockholders equity7.396B7.375B7.333B6.919B6.753B
total stockholders equity-219.97M-255.432M-164.863M165.508M369.286M
total equity-219.624M-242.503M-161.762M170.541M368.969M
total liabilities and stockholders equity1.288B1.31B1.295B1.81B1.388B
minority interest346.00K12.929M3.101M5.033M-317.00K
total investments474.418M447.672M156.894M426.726M225.04M
total debt1.115B1.153B1.057B1.221B744.394M
net debt987.51M972.915M759.989M825.01M227.853M
Graph

NAAS Cash Flow

A cash flow statement is regarded as a valuable indicator of profitability and the long-term outlook for a company. It assists the company in evaluating whether it has sufficient funds to cover its expenses. Essentially, a cash flow statement represents an organization's financial health. The cash flow statement, which measures the business's ability to operate in the short as well as long term, is broken down into operating, investing, and financing activities.

Date2024-06-302024-03-312023-09-302023-06-302023-03-31
reported currencyCNYCNYUSDUSDUSD
calendar year20242024202320232023
periodQ2Q1Q3Q2Q1
deferred income tax00000
stock based compensation42.942M80.316M000
change in working capital00000
accounts receivables00000
inventory00000
accounts payables00000
other working capital00000
other non cash items92.529M147.083M50.624M48.326M16.027M
net cash provided by operating activities0001.307M0
investments in property plant and equipment00000
acquisitions net00000
purchases of investments00000
sales maturities of investments00000
other investing activites00000
net cash used for investing activites00000
debt repayment00000
common stock issued00000
common stock repurchased00000
dividends paid00000
other financing activites00000
net cash used provided by financing activities00000
effect of forex changes on cash00000
net change in cash00-16.715M-7.882M4.978M
cash at end of period0054.226M70.941M78.824M
cash at beginning of period0070.941M78.824M73.845M
operating cashflow0001.307M0
capital expenditure00000
free cash flow0001.307M0
Graph

Frequently Asked Questions

How did NaaS Technology Inc. do last quarter? What was its Total Revenue and Cost of Revenue?

A company's Total Revenue reveals how much money it generates before any expenses or deductions are made. As a result, this metric informs investors/stakeholders how much money the business makes. Tracking and understanding it is essential for evaluating a company's growth. As opposed to revenue, Cost of Revenue is any expenses a business incur to generate revenue. There can be high revenue in a business, but if the costs are high, it won't make a profit and will go out of business when money runs out. Therefore, NAAS generated $44.45M in revenue last quarter, while its costs came in at $19.30M.

Last quarter, how much Gross Profit did NaaS Technology Inc. report?

A business's Gross Profit is a key indicator of its profitability and financial performance. In other words, it reflects how efficiently a business uses labor, raw materials, and other resources. NaaS Technology Inc. reported a $25.15M Gross Profit for the quarter ended Jun 30, 2024.

Have NAAS's Total Operating Expenses and Operating Income been favorable recently?

Operational Expenses represent the costs a company must incur to generate revenue, which is the ultimate goal of a business, whereas Operating Income shows the revenue left after operational direct and indirect costs have been deducted. NAAS incurred $75.33M worth of Operating Expenses, while it generated -$50.18M worth of Operating Income.

How much Net Income has NAAS posted recently?

The Net Income of a company is one of the factors investors consider when investing in the company. According to recent earnings report from NaaS Technology Inc., the company generated -$7.68M in Net Income. When a company has a history of consistent net income, investors are more likely to invest in it since they know they will get a return.

At the end of the last quarter, how much Cash and Equivalents did NaaS Technology Inc. have?

The amount of Cash and Cash Equivalents is an effective indicator of the financial strength and well-being of a company. An excess cash situation occurs when a company has more cash and cash equivalents than it needs for operating activities. The amount of Cash and Cash Equivalents available to NaaS Technology Inc. as of the end of the last quarter was $127.86M.

What are NAAS's Total Net Receivables for the last quarter?

Total Net Receivables are a company's outstanding debts to its customers. Therefore, it refers to the amount that a company expects to collect from its customers. The higher a company's net receivables are, the more confident it is that it can collect money from its debtors. As of the end of the last quarter, NAAS had Total Net Receivables of $540.81M.

In terms of Total Assets and Current Assets, where did NaaS Technology Inc. stand at?

An asset with an economic value within a year is considered a current asset. Total assets, however, also include long-term fixed assets, intangible assets, and other non-current assets. The current Assets of NAAS were $974.64M, while the Total Assets stand at $1.29B.

As of the last quarter, how much Total Debt did NaaS Technology Inc. have?

The total debt of a business refers to how much it borrows. A company's current and long-term liabilities are added together to calculate its Total Debt. A debt ratio may be taken into account on a balance sheet by financial lenders, investors, and business leaders when making informed decisions about future loans or investments. The total amount of NAAS's debt was $1.12B at the end of the last quarter.

What were NAAS's Total Liabilities during the last reported quarter?

A company's total liabilities are the sum of all debts it is liable for, including any off-balance shee liabilities it may incur. This can be calculated by adding up all short-term and long-term liabilities. In its last quarter, NAAS reported total liabilities of $1.51B.

How much did NAAS's Working Capital change over the last quarter?

Working Capital Change for NAAS was $0.00 over the last quarter. Working Capital Change refers to the difference between net working capital amounts at the end of one accounting period and the end of another. It tells investors/stakeholders how much the company's cash flow will differ from its Net Income (i.e., after-tax profits). More powerful companies often have positive Change in Working Capital numbers as they have increased control over collecting cash from customers and delaying payments to suppliers.

NAAS generated how much cash from operating activities?

An operating cash flow statement usually contains cash from operating activities in the first section. An organization's cash from operating activities refers to the money it takes in and takes out as a result of its regular business operations. NAAS generated $0.00 of Cash from Operating Activities during its recently reported quarter.

What was NAAS's latest reported Net Change in Cash?

An increase or decrease in cash and cash equivalent balances within a specified period is considered the net change in cash in a cash flow statement. Furthermore, it takes into account cash changes as a result of investments, financing, and operating activities. NAAS reported a $0.00 Net Change in Cash in the most recent quarter.

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