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NaaS Technology Inc. (NAAS)

Consumer Cyclical | Specialty Retail | Beijing, China | NasdaqCM
3.15 USD -0.08 (-2.504%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 3.15

Short-term:★☆☆☆☆Long-term:⯪☆☆☆☆Dividends:☆☆☆☆☆
Hot Take | Aug. 22, 2026, 5:44 a.m. EDT

The immediate outlook is severely compromised by a catastrophic multi-year price collapse and deteriorating fundamentals. While the company recently secured a $15 million related-party deal and passed a Hong Kong listing hearing, these positives cannot offset the reality that the stock has lost 99.98% of its value over the last seven years. The business is currently generating significant negative operating margins (-223%) and reporting a massive debt load ($585 million) against minimal cash reserves, resulting in a negative book value. Although free cash flow appears positive, the underlying operational burn and the fact that revenue has contracted by 35% year-over-year suggest the core business model is under severe stress. With no dividend history to speak of and a forward P/E of 337 driven by negligible expected earnings, there is no margin of safety here. The recent price action shows some minor volatility around the $3.30 level, but the technicals are merely noise against the backdrop of a structural implosion. This is a speculative gamble on a turnaround that has failed for nearly a decade, making it unsuitable for any rational investment thesis.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoETS ✓0.063870
MSTL0.065559
AutoTheta0.086372
AutoARIMA0.142634

Forecast horizon: 45 days | Selected: AutoETS

Forecast Reliability
Score 43%
H-stat 0.91
Ljung-Box p 0.000
Jarque-Bera p 0.296
Excess Kurtosis -0.59
Attribute Value
Sector Consumer Cyclical
Revenue per Share 14.214
Market Cap 53,724,392
Forward P/E 315.00
Beta 1.54
Website https://www.enaas.com/en/

Info Dump

Attribute Value
52 Week Change 0.032268405
Address1 Newlink Center, Area G, Building 7
Address2 Huitong Times Square No.1 Yaojiayuan South Road Chaoyang Distric
All Time High 29,760.0
All Time Low 1.8
Ask 4.0
Ask Size 2
Average Daily Volume10 Day 19,250
Average Daily Volume3 Month 21,974
Average Volume 21,974
Average Volume10Days 19,250
Beta 1.537
Bid 2.27
Bid Size 2
Book Value -13.1215
City Beijing
Country China
Crypto Tradeable 0
Currency USD
Current Price 3.15
Current Ratio 0.188
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 3.2103
Day Low 3.1
Display Name NaaS Technology
Earnings Call Timestamp End 1,732,107,600
Earnings Call Timestamp Start 1,732,107,600
Earnings Quarterly Growth -0.756
Earnings Timestamp End 1,753,705,800
Earnings Timestamp Start 1,753,187,400
Ebitda -95,296,496
Ebitda Margins -0.91632
Enterprise To Ebitda -6.012
Enterprise To Revenue 5.509
Enterprise Value 572,956,608
Eps Forward 0.01
Eps Trailing Twelve Months -26.76
Esg Populated 0
Exchange NCM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 3.24914
Fifty Day Average Change -0.09913993
Fifty Day Average Change Percent -0.030512668
Fifty Two Week Change Percent 3.2268405
Fifty Two Week High 4.55
Fifty Two Week High Change -1.4000001
Fifty Two Week High Change Percent -0.30769232
Fifty Two Week Low 1.8
Fifty Two Week Low Change 1.3500001
Fifty Two Week Low Change Percent 0.7500001
Fifty Two Week Range 1.8 - 4.55
Financial Currency CNY
First Trade Date Milliseconds 1,508,506,200,000
Float Shares 3,485,268
Forward Eps 0.01
Forward P E 315.00003
Full Exchange Name NasdaqCM
Full Time Employees 181
Fullday Change -0.0809
Fullday Change Percent -2.50394
Fullday Price 3.15
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.84153
Gross Profits 87,518,000
Has Pre Post Market Data 1
Held Percent Insiders 0.00654
Held Percent Institutions 0.0011
Implied Shares Outstanding 17,055,362
Industry Specialty Retail
Industry Disp Specialty Retail
Industry Key specialty-retail
Is Earnings Date Estimate 1
Language en-US
Last Fiscal Year End 1,767,139,200
Last Split Date 1,753,833,600
Last Split Factor 1:4
Long Business Summary NaaS Technology Inc. provides electric vehicle (EV) charging services in China. It offers online EV charging solutions to charging stations, including mobility connectivity services through Kuaidian; SaaS products, such as traffic support and management, marketing, payment, chargers management, order management, load management, and membership management; and operates full station. The company also provides energy solutions comprising site selection; hardware procurement; engineering, procurement, and construction for charging stations. In addition, it integrates smart photovoltaics energy storage and power charging for station upgrade, as well as offline operational and management services. Further, the company is involved in providing electricity procurement services to charging stations; cloud-based virtual power plant platform to facilitate the establishment of a modern energy system for charging stations. Additionally, it offers other amenities and ancillary services, such as vending machines, massage chairs, and car wash tunnels, as well as design and decoration, furniture, ands fixture procurement. The company is headquartered in Beijing, China.
Long Name NaaS Technology Inc.
Market us_market
Market Cap 53,724,392
Market State CLOSED
Max Age 86,400
Message Board Id finmb_1770089996
Most Recent Quarter 1,782,777,600
Net Income To Common -488,222,016
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 55,104,167
Open 3.2103
Operating Margins 0.62372
Payout Ratio 0.0
Phone 86 10 8551 1066
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 3.15
Post Market Time 1,787,947,805
Previous Close 3.2309
Price Hint 4
Price To Book -0.24006402
Price To Sales Trailing12 Months 0.51658565
Profit Margins 0.0
Quick Ratio 0.085
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change -0.080899954
Regular Market Change Percent -2.5039446
Regular Market Day High 3.2103
Regular Market Day Low 3.1
Regular Market Day Range 3.1 - 3.2103
Regular Market Open 3.2103
Regular Market Previous Close 3.2309
Regular Market Price 3.15
Regular Market Time 1,787,947,200
Regular Market Volume 16,483
Return On Assets -0.13182001
Revenue Growth -0.317
Revenue Per Share 14.214
Sand P52 Week Change 0.20504117
Sector Consumer Cyclical
Sector Disp Consumer Cyclical
Sector Key consumer-cyclical
Shares Outstanding 16,641,753
Shares Percent Shares Out 0.0028
Shares Short 48,134
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 46,364
Short Name Naas Technology Inc.
Short Percent Of Float 0.0042
Short Ratio 2.37
Source Interval 15
Symbol NAAS
Total Cash 77,233,000
Total Cash Per Share 7.672
Total Debt 573,496,000
Total Revenue 103,999,000
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -26.76
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 2.951125
Two Hundred Day Average Change 0.19887519
Two Hundred Day Average Change Percent 0.06738962
Type Disp Equity
Volume 16,483
Website https://www.enaas.com/en/
Zip 100,024