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NaaS Technology (NAAS)
NASDAQ:NAAS
US Market

NaaS Technology (NAAS) Ratios

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NaaS Technology Ratios

NAAS's free cash flow for Q2 2025 was ¥0.97. For the 2025 fiscal year, NAAS's free cash flow was decreased by ¥ and operating cash flow was ¥-0.81. See a summary of the company’s cash flow.
Ratios
TTM
Dec 24Dec 23Dec 22Dec 21
Liquidity Ratios
Current Ratio
0.35 0.33 1.40 4.84 1.10
Quick Ratio
0.35 0.33 1.37 5.52 0.68
Cash Ratio
0.06 0.09 0.53 2.67 0.08
Solvency Ratio
-0.37 -0.64 -0.85 -8.44 -1.91
Operating Cash Flow Ratio
0.00 -0.13 -0.69 -3.02 -2.16
Short-Term Operating Cash Flow Coverage
0.00 -0.18 -1.64 -84.74 0.00
Net Current Asset Value
¥ -856.01M¥ -965.28M¥ -364.74M¥ 263.73M¥ -1.37M
Leverage Ratios
Debt-to-Assets Ratio
1.36 1.64 0.71 0.47 0.13
Debt-to-Equity Ratio
-1.33 -1.42 -22.14 1.18 0.82
Debt-to-Capital Ratio
4.05 3.39 1.05 0.54 0.45
Long-Term Debt-to-Capital Ratio
-0.17 -0.07 1.07 0.02 0.33
Financial Leverage Ratio
-0.97 -0.86 -31.15 2.52 6.12
Debt Service Coverage Ratio
-0.84 -0.81 -3.06 -144.23 -331.38
Interest Coverage Ratio
-44.40 -21.23 0.00 -239.46 -335.93
Debt to Market Cap
33.31 5.55 0.44 <0.01 <0.01
Interest Debt Per Share
207.97 1.35K 0.46 0.27 0.01
Net Debt to EBITDA
-1.18 -1.08 -0.57 >-0.01 -0.05
Profitability Margins
Gross Profit Margin
75.03%44.06%27.73%6.64%-6.13%
EBIT Margin
-426.50%-442.43%-397.12%-6052.18%-1429.32%
EBITDA Margin
-416.61%-434.53%-329.76%-2650.98%-1392.34%
Operating Profit Margin
-364.51%-401.55%-333.16%-2650.98%-1413.71%
Pretax Profit Margin
-303.47%-461.34%-407.20%-6063.21%-1417.31%
Net Profit Margin
-310.02%-454.52%-408.31%-6073.83%-1419.55%
Continuous Operations Profit Margin
-295.82%-451.81%-408.38%-6073.83%-1465.41%
Net Income Per EBT
102.16%98.52%100.27%100.18%100.16%
EBT Per EBIT
83.25%114.89%122.22%228.72%100.25%
Return on Assets (ROA)
-78.06%-140.40%-89.20%-509.74%-164.48%
Return on Equity (ROE)
86.19%121.08%2778.36%-1284.51%-1006.46%
Return on Capital Employed (ROCE)
104.61%115.33%-164.54%-269.26%-670.68%
Return on Invested Capital (ROIC)
-266.40%-250.12%-106.85%-265.75%-565.14%
Return on Tangible Assets
-78.31%-140.90%-92.58%-510.12%-196.98%
Earnings Yield
-535.94%-475.74%-56.58%-0.54%>-0.01%
Efficiency Ratios
Receivables Turnover
4.50 1.78 2.12 0.00 0.26
Payables Turnover
0.21 1.08 1.52 1.76 1.12
Inventory Turnover
582.57 0.00 10.30 -0.67 0.39
Fixed Asset Turnover
29.14 27.14 17.39 4.73 0.84
Asset Turnover
0.25 0.31 0.22 0.08 0.12
Working Capital Turnover Ratio
-0.20 -0.69 0.60 0.25 2.23
Cash Conversion Cycle
-1.64K -132.84 -32.51 -755.06 2.02K
Days of Sales Outstanding
81.19 205.51 172.00 0.00 1.42K
Days of Inventory Outstanding
0.63 0.00 35.44 -547.64 931.36
Days of Payables Outstanding
1.72K 338.35 239.95 207.42 326.47
Operating Cycle
81.82 205.51 207.43 -547.64 2.35K
Cash Flow Ratios
Operating Cash Flow Per Share
0.00 -217.90 -0.25 -0.30 -0.15
Free Cash Flow Per Share
0.00 -217.90 -0.25 -0.31 -0.15
CapEx Per Share
0.00 0.00 <0.01 <0.01 <0.01
Free Cash Flow to Operating Cash Flow
0.00 1.00 1.01 1.03 1.00
Dividend Paid and CapEx Coverage Ratio
0.00 0.00 -89.34 -33.90 -412.60
Capital Expenditure Coverage Ratio
0.00 0.00 -89.34 -33.90 -412.60
Operating Cash Flow Coverage Ratio
0.00 -0.17 -0.54 -1.12 -12.22
Operating Cash Flow to Sales Ratio
0.00 -0.89 -1.77 -6.26 -14.07
Free Cash Flow Yield
0.00%-93.29%-0.03%-0.06%>-0.01%
Valuation Ratios
Price-to-Earnings (P/E) Ratio
-0.18 -0.21 -1.77 -183.50 -10.14K
Price-to-Sales (P/S) Ratio
0.16 0.96 7.22 11.15K 143.93K
Price-to-Book (P/B) Ratio
-0.14 -0.25 -49.10 2.36K 102.05K
Price-to-Free Cash Flow (P/FCF) Ratio
0.00 -1.07 -4.04 -1.73K -10.21K
Price-to-Operating Cash Flow Ratio
0.00 -1.07 -4.09 -1.78K -10.23K
Price-to-Earnings Growth (PEG) Ratio
>-0.01 <0.01 0.02 -0.10 -1.26
Price-to-Fair Value
-0.14 -0.25 -49.10 2.36K 102.05K
Enterprise Value Multiple
-1.22 -1.30 -2.76 -420.42 -10.34K
Enterprise Value
797.15M 1.14B 1.85T 1.03T 2.56T
EV to EBITDA
-1.22 -1.30 -1.75K -420.42 -10.34K
EV to Sales
5.10 5.65 5.77K 11.15K 143.93K
EV to Free Cash Flow
0.00 -6.34 -3.23K -1.73K -10.21K
EV to Operating Cash Flow
0.00 -6.34 -3.27K -1.78K -10.23K
Tangible Book Value Per Share
-154.86 -920.16 -0.04 0.23 0.02
Shareholders’ Equity Per Share
-154.29 -917.71 -0.02 0.23 0.02
Tax and Other Ratios
Effective Tax Rate
0.03 0.02 >-0.01 >-0.01 >-0.01
Revenue Per Share
37.85 244.46 0.14 0.05 0.01
Net Income Per Share
-117.34 -1.11K -0.58 -2.92 -0.15
Tax Burden
1.02 0.99 1.00 1.00 1.00
Interest Burden
0.71 1.04 1.03 1.00 0.99
Research & Development to Revenue
0.11 0.21 0.20 0.39 2.09
SG&A to Revenue
1.63 1.86 2.09 23.66 1.60
Stock-Based Compensation to Revenue
0.30 0.80 1.25 2.30 0.61
Income Quality
0.00 0.19 0.43 0.10 0.99
Currency in CNY