profit from every $100 of sales.
$0$100
NaaS Technology
$1.65+6.11% today
-53.8% in 1 year
1-year low $1.531-year high $4.03
Trading close to its lowest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
It has no yearly profit to compare the price with.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What NaaS Technology sold, what it kept, and what it did with the cash.
Sales went from CN¥92.8 million in 2022 to CN¥125 million in 2025, with -CN¥439 million of profit last year.
SalesProfit
NaaS Technology vs. similar companies
How it compares with the largest companies in its industry.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| NaaS Technology | No profit yet | ||
 Alimentation Couche-Tard | 16.9× · Fair price | ||
 Williams-Sonoma | 28.4× · Fair price | ||
 Coupang | 137.8× · Very expensive | ||
 Ulta Beauty | 24.4× · Fair price |
AI analysis
An AI analyst reads NaaS Technology's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of CNY | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 93 | 233 | 201 | 125 | |
| 6 | 63 | 89 | 108 | |
| -2,446 | -1,005 | -527 | -191 | |
| -5,608 | -1,243 | -873 | -387 | |
| -5,637 | -1,307 | -913 | -439 | |
| -9,024.00 | -1,856.00 | -280.00 | -160.00 | |
| 6.6% | 27.1% | 44.1% | 85.9% | |
| -2,635.1% | -430.9% | -262.2% | -152.4% | |
| -6,073.8% | -560.0% | -454.5% | -350.8% |
Balance sheet
| In millions of CNY | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 1,106 | 1,465 | 651 | 313 |
| Cash | 496 | 436 | 127 | 81 |
| Total debt | 519 | 1,042 | 1,070 | 585 |
| Total liabilities | 667 | 1,509 | 1,405 | 1,205 |
| 439 | -47 | -754 | -934 | |
| 1 | 1 | 3 | 3 | |
| -463.1% | -100.1% | -222.5% | – | |
| -1,284.5% | 2,778.4% | 121.1% | 47.0% |
Cash flow
| In millions of CNY | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| -586 | -568 | -179 | 1 | |
| 17 | 6 | – | – | |
| -603 | -574 | -179 | 1 | |
| Dividends paid | 0 | 0 | 0 | 0 |
| 9 | 40 | – | – | |
| 214 | 399 | 160 | -18 |
Valuation
- –
- –
- –
- -0.1×
- 2.2×
- 508.1×
- –
- 0.2%
- -162.4%
- 0.0%
Profitability
- 85.9%
- -152.4%
- -350.8%
- -539.3%
- 169.0%
- -262.6%
- 64.4%
- -152.6%
- 64.1%
- 10.6%
Growth
- +10.5%
- –
- +82.5%
- –
- +46.0%
Financial health
- –
- -0.63
- 187.3%
- -70.5×
- 0.19
- 0.19
- 0.36
How it ranks in Consumer Discretionary
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 1%of 978
Bottom 1%of 992
Top 39%of 993
Bottom 18%of 979
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Oct 1, 2025 | -6.72 | – | – |
| Jul 22, 2025 | 1.30 | – | – |
| Jun 4, 2025 | 1.28 | – | – |
| Dec 31, 2024 | -89.86 | – | – |
| Nov 20, 2024 | 2.08 | – | – |
| Jul 24, 2024 | -6.72 | – | – |
| May 9, 2024 | -22.40 | – | – |
| Mar 17, 2024 | -91.23 | – | – |
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
1/7Passes 1 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
34No pass
Benjamin Graham
4No pass
Philip Fisher
42No pass
Peter Lynch
29No pass
Joel Greenblatt
100Pass
Charlie Munger
48No pass
Terry Smith
51No pass
Questions about NaaS Technology
Is NaaS Technology a good stock to buy?
A business with weak numbers that is not profitable yet. 1 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the NaaS Technology AI analysis
What does NaaS Technology do?
NaaS Technology Inc. provides electric vehicle (EV) charging services in China. It serves charging station operators, charger manufacturers, EV OEMs, and other end-users. The company was founded in 2019 and is based in Beijing, China. It is in Specialty Retail.
Does NaaS Technology pay a dividend?
No. NaaS Technology does not pay a dividend at the moment.
Is NaaS Technology stock halal?
No. NaaS Technology does not pass our halal screen: its debt is 217% of its market value, at or above the 33% limit. How we check
How has NaaS Technology stock done over the past year?
Down 53.8% over the past twelve months, to $1.65. It traded between $1.53 and $4.03 and is 59.1% below its high.
Who are NaaS Technology's competitors?
The largest listed companies in the same industry are Alimentation Couche-Tard, Williams-Sonoma, Coupang and Ulta Beauty. The peers table on this page compares their profit, growth and price with NaaS Technology's.
Prices: daily closes to Nov 11, 2026. Fundamentals: company reports via invest-like data.