Logo image of NAAS

NAAS TECHNOLOGY INC-ADR (NAAS) Stock Fundamental Analysis

USA - NASDAQ:NAAS - US62955X2018 - ADR

3.11 USD
-0.11 (-3.3%)
Last: 9/12/2025, 8:00:01 PM
3.2297 USD
+0.12 (+3.85%)
After Hours: 9/12/2025, 8:00:01 PM
Fundamental Rating

0

We assign a fundamental rating of 0 out of 10 to NAAS. NAAS was compared to 123 industry peers in the Specialty Retail industry. NAAS may be in some trouble as it scores bad on both profitability and health. NAAS does not seem to be growing, but still is valued expensively.


Dividend Valuation Growth Profitability Health

0

1. Profitability

1.1 Basic Checks

In the past year NAAS has reported negative net income.
In the past year NAAS has reported a negative cash flow from operations.
In the past 5 years NAAS always reported negative net income.
NAAS had a negative operating cash flow in each of the past 5 years.
NAAS Yearly Net Income VS EBIT VS OCF VS FCFNAAS Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -2B -4B

1.2 Ratios

NAAS's Return On Assets of -140.20% is on the low side compared to the rest of the industry. NAAS is outperformed by 96.75% of its industry peers.
Industry RankSector Rank
ROA -140.2%
ROE N/A
ROIC N/A
ROA(3y)-246.41%
ROA(5y)-310.82%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
NAAS Yearly ROA, ROE, ROICNAAS Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 1K -1K 2K

1.3 Margins

NAAS has a Gross Margin of 38.63%. This is comparable to the rest of the industry: NAAS outperforms 58.54% of its industry peers.
The Profit Margin and Operating Margin are not available for NAAS so they could not be analyzed.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 38.63%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
NAAS Yearly Profit, Operating, Gross MarginsNAAS Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -2K -4K -6K

0

2. Health

2.1 Basic Checks

NAAS does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for NAAS has been increased compared to 1 year ago.
NAAS has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, NAAS has a worse debt to assets ratio.
NAAS Yearly Shares OutstandingNAAS Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M 40M 50M
NAAS Yearly Total Debt VS Total AssetsNAAS Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B 2B 2.5B

2.2 Solvency

Based on the Altman-Z score of -21.40, we must say that NAAS is in the distress zone and has some risk of bankruptcy.
NAAS has a worse Altman-Z score (-21.40) than 91.06% of its industry peers.
Industry RankSector Rank
Debt/Equity N/A
Debt/FCF N/A
Altman-Z -21.4
ROIC/WACCN/A
WACC3.59%
NAAS Yearly LT Debt VS Equity VS FCFNAAS Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500M -500M

2.3 Liquidity

A Current Ratio of 0.33 indicates that NAAS may have some problems paying its short term obligations.
NAAS's Current ratio of 0.33 is on the low side compared to the rest of the industry. NAAS is outperformed by 97.56% of its industry peers.
NAAS has a Quick Ratio of 0.33. This is a bad value and indicates that NAAS is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.33, NAAS is doing worse than 71.54% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 0.33
Quick Ratio 0.33
NAAS Yearly Current Assets VS Current LiabilitesNAAS Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B

0

3. Growth

3.1 Past

NAAS shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 54.88%, which is quite impressive.
The Revenue for NAAS has decreased by -13.45% in the past year. This is quite bad
EPS 1Y (TTM)54.88%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%4.82%
Revenue 1Y (TTM)-13.45%
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-30.08%

3.2 Future

No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next Y125%
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year151.35%
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
NAAS Yearly Revenue VS EstimatesNAAS Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2022 2023 2024 2025 200M 400M 600M 800M 1B
NAAS Yearly EPS VS EstimatesNAAS Yearly EPS VS EstimatesYearly EPS VS Estimates 2017 2018 2019 2020 2023 2024 2025 0 200 -200

0

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings Ratio is negative for NAAS. In the last year negative earnings were reported.
NAAS is valuated quite expensively with a Price/Forward Earnings ratio of 3971.36.
Based on the Price/Forward Earnings ratio, NAAS is valued a bit more expensive than the industry average as 62.60% of the companies are valued more cheaply.
The average S&P500 Price/Forward Earnings ratio is at 22.73. NAAS is valued rather expensively when compared to this.
Industry RankSector Rank
PE N/A
Fwd PE 3971.36
NAAS Price Earnings VS Forward Price EarningsNAAS Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 1K 2K 3K

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
NAAS Per share dataNAAS EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 -50 -100 -150 -200

4.3 Compensation for Growth

The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates NAAS does not grow enough to justify the current Price/Earnings ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A

0

5. Dividend

5.1 Amount

No dividends for NAAS!.
Industry RankSector Rank
Dividend Yield N/A

NAAS TECHNOLOGY INC-ADR

NASDAQ:NAAS (9/12/2025, 8:00:01 PM)

After market: 3.2297 +0.12 (+3.85%)

3.11

-0.11 (-3.3%)

Chartmill FA Rating
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustrySpecialty Retail
Earnings (Last)08-18 2025-08-18
Earnings (Next)11-18 2025-11-18
Inst Owners0.54%
Inst Owner Change-42.31%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap42.87M
Analysts82.86
Price TargetN/A
Short Float %N/A
Short Ratio0.14
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE 3971.36
P/S 1.1
P/FCF N/A
P/OCF N/A
P/B N/A
P/tB N/A
EV/EBITDA N/A
EPS(TTM)-211.02
EYN/A
EPS(NY)0
Fwd EY0.03%
FCF(TTM)-1.82
FCFYN/A
OCF(TTM)-1.82
OCFYN/A
SpS2.82
BVpS-7.68
TBVpS-7.7
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA -140.2%
ROE N/A
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 38.63%
FCFM N/A
ROA(3y)-246.41%
ROA(5y)-310.82%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score4
Asset Turnover0.43
Health
Industry RankSector Rank
Debt/Equity N/A
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr 0%
Cap/Sales 0%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 0.33
Quick Ratio 0.33
Altman-Z -21.4
F-Score4
WACC3.59%
ROIC/WACCN/A
Cap/Depr(3y)81.94%
Cap/Depr(5y)N/A
Cap/Sales(3y)6.8%
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)54.88%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%4.82%
EPS Next Y125%
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-13.45%
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-30.08%
Revenue Next Year151.35%
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y48.51%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y68.83%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y68.49%
OCF growth 3YN/A
OCF growth 5YN/A