# NaaS Technology Inc. (NAAS)

> Consumer Cyclical · CN · Reports in CNY

Fundamental indicators from Sponda, adjusted for inflation.

[HTML version](https://sponda.capital/en/NAAS/fundamentals)

## Annual figures

| Year | Revenue (M) | Net Inc. (M) | FCF (M) | Debt (M) | Equity (M) |
| --- | --- | --- | --- | --- | --- |
| 2025 | ¥ 66.60M | ¥ 66.07M | ¥ 0 | ¥ 585.31M | ¥ -933.98M |
| 2024 | ¥ 278.97M | ¥ -917.91M | ¥ 0 | ¥ 1.07B | ¥ -754.46M |
| 2023 | ¥ 249.52M | ¥ -1.31B | ¥ 9.52M | ¥ 1.04B | ¥ -47.04M |
| 2022 | ¥ 92.88M | ¥ -913.24M | ¥ 0 | ¥ 519.34M | ¥ 438.87M |
| 2021 | ¥ 33.82M | ¥ -290.24M | ¥ -194.57M | ¥ 12.57M | ¥ 29.44M |
| 2020 | ¥ 992.42M | ¥ -137.12M | ¥ -310.33M | ¥ 1.07B | ¥ 495.11M |
| 2019 | ¥ 1.59B | ¥ 153.76M | N/A | ¥ 1.13B | ¥ 608.90M |
| 2018 | ¥ 1.38B | ¥ 154.97M | N/A | ¥ 584.86M | ¥ 455.76M |
| 2017 | ¥ 1.07B | ¥ -53.00M | ¥ 77.45M | ¥ 623.44M | ¥ 310.13M |
| 2016 | ¥ 445.54M | ¥ 38.93M | N/A | ¥ 371.29M | ¥ 407.20M |

Columns not available in this view: annualPriceMultiples, dividends. They require live market data and are shown on the HTML page instead.

## Leverage and liquidity

| Indicator | Value |
| --- | --- |
| Gross Debt / Eq | -0.63 |
| Liabilities / Eq | -1.29 |
| Current Ratio | 0.19 |

## Other views

- [Metrics](https://sponda.capital/en/NAAS.md)
- [Charts](https://sponda.capital/en/NAAS/charts.md)
- [Compare](https://sponda.capital/en/NAAS/compare.md)
- [Indicator definitions](https://sponda.capital/en/screener.md)

Data as of 2026-08-27.