Naas Technology Inc
NASDAQ:NAAS
Income Statement
Earnings Waterfall
Naas Technology Inc
Revenue
|
320.1m
CNY
|
Cost of Revenue
|
-231.3m
CNY
|
Gross Profit
|
88.8m
CNY
|
Operating Expenses
|
-1.2B
CNY
|
Operating Income
|
-1.1B
CNY
|
Other Expenses
|
-240.5m
CNY
|
Net Income
|
-1.3B
CNY
|
Income Statement
Naas Technology Inc
Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Mar-2022 | Jun-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||
Revenue |
530
N/A
|
582
+10%
|
633
+9%
|
673
+6%
|
711
+6%
|
778
+9%
|
833
+7%
|
890
+7%
|
969
+9%
|
1 029
+6%
|
1 103
+7%
|
1 190
+8%
|
1 272
+7%
|
1 337
+5%
|
1 404
+5%
|
1 467
+5%
|
0
N/A
|
(226)
N/A
|
(428)
-89%
|
(519)
-21%
|
0
N/A
|
153
N/A
|
244
+60%
|
271
+11%
|
25
-91%
|
47
+86%
|
85
+81%
|
256
+202%
|
320
+25%
|
|
Gross Profit | ||||||||||||||||||||||||||||||
Cost of Revenue |
(347)
|
(356)
|
(359)
|
(358)
|
(364)
|
(371)
|
(390)
|
(415)
|
(452)
|
(481)
|
(518)
|
(556)
|
(577)
|
(605)
|
(629)
|
(661)
|
0
|
(499)
|
(481)
|
(447)
|
0
|
(467)
|
(489)
|
(180)
|
(28)
|
(42)
|
(60)
|
(184)
|
(231)
|
|
Gross Profit |
183
N/A
|
225
+23%
|
274
+22%
|
315
+15%
|
347
+10%
|
407
+17%
|
443
+9%
|
475
+7%
|
517
+9%
|
548
+6%
|
584
+7%
|
634
+9%
|
695
+10%
|
731
+5%
|
775
+6%
|
806
+4%
|
0
N/A
|
388
N/A
|
205
-47%
|
147
-28%
|
0
N/A
|
280
N/A
|
349
+25%
|
92
-74%
|
(3)
N/A
|
5
N/A
|
25
+425%
|
72
+186%
|
89
+23%
|
|
Operating Income | ||||||||||||||||||||||||||||||
Operating Expenses |
(232)
|
(239)
|
(246)
|
(252)
|
(277)
|
(291)
|
(311)
|
(333)
|
(518)
|
(548)
|
(570)
|
(616)
|
(488)
|
(513)
|
(570)
|
(584)
|
(15)
|
526
|
592
|
603
|
(18)
|
393
|
347
|
(237)
|
(611)
|
(638)
|
(472)
|
(752)
|
(1 155)
|
|
Selling, General & Administrative |
(232)
|
(239)
|
(246)
|
(252)
|
(277)
|
(291)
|
(311)
|
(333)
|
(518)
|
(548)
|
(570)
|
(616)
|
(488)
|
(512)
|
(570)
|
(584)
|
(15)
|
15
|
81
|
92
|
(18)
|
(54)
|
(101)
|
(230)
|
(590)
|
(616)
|
(460)
|
(728)
|
(1 117)
|
|
Research & Development |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(8)
|
(21)
|
(21)
|
(19)
|
(36)
|
(63)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
511
|
511
|
511
|
0
|
447
|
447
|
1
|
(0)
|
(0)
|
7
|
12
|
24
|
|
Operating Income |
(50)
N/A
|
(13)
+74%
|
28
N/A
|
63
+122%
|
71
+13%
|
116
+64%
|
133
+14%
|
142
+7%
|
(1)
N/A
|
(0)
+67%
|
14
N/A
|
19
+34%
|
208
+1 004%
|
219
+5%
|
205
-7%
|
222
+9%
|
(15)
N/A
|
(200)
-1 205%
|
(317)
-59%
|
(363)
-15%
|
(18)
+95%
|
79
N/A
|
102
+29%
|
(145)
N/A
|
(614)
-323%
|
(633)
-3%
|
(447)
+29%
|
(680)
-52%
|
(1 066)
-57%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||
Interest Income Expense |
16
|
16
|
14
|
14
|
8
|
4
|
3
|
(2)
|
(7)
|
(8)
|
(10)
|
(12)
|
(9)
|
(11)
|
(14)
|
(18)
|
0
|
3
|
4
|
8
|
0
|
1
|
0
|
(6)
|
(49)
|
(39)
|
1
|
(129)
|
(237)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
0
|
1
|
0
|
0
|
4
|
5
|
4
|
4
|
7
|
17
|
18
|
19
|
15
|
12
|
12
|
13
|
0
|
(5)
|
(3)
|
12
|
0
|
8
|
8
|
3
|
0
|
0
|
0
|
0
|
0
|
|
Pre-Tax Income |
(33)
N/A
|
3
N/A
|
42
+1 179%
|
76
+81%
|
83
+9%
|
124
+50%
|
139
+12%
|
144
+4%
|
(1)
N/A
|
9
N/A
|
23
+150%
|
26
+16%
|
214
+724%
|
220
+3%
|
202
-8%
|
216
+7%
|
(15)
N/A
|
(201)
-1 224%
|
(316)
-57%
|
(344)
-9%
|
(18)
+95%
|
87
N/A
|
110
+27%
|
(148)
N/A
|
(663)
-348%
|
(672)
-1%
|
(446)
+34%
|
(809)
-81%
|
(1 303)
-61%
|
|
Net Income | ||||||||||||||||||||||||||||||
Tax Provision |
1
|
(5)
|
(15)
|
(25)
|
(32)
|
(45)
|
(49)
|
(54)
|
(53)
|
(54)
|
(56)
|
(56)
|
(72)
|
(76)
|
(80)
|
(87)
|
0
|
(24)
|
7
|
27
|
0
|
8
|
(3)
|
(1)
|
(1)
|
(3)
|
2
|
(1)
|
(4)
|
|
Income from Continuing Operations |
(32)
|
(1)
|
27
|
51
|
51
|
80
|
90
|
90
|
(54)
|
(45)
|
(33)
|
(30)
|
142
|
144
|
122
|
130
|
(15)
|
(163)
|
(247)
|
(255)
|
(18)
|
69
|
81
|
(150)
|
(665)
|
(675)
|
(444)
|
(809)
|
(1 307)
|
|
Income to Minority Interest |
6
|
5
|
4
|
3
|
3
|
4
|
4
|
8
|
6
|
5
|
4
|
3
|
1
|
(0)
|
(0)
|
(1)
|
4
|
11
|
16
|
13
|
9
|
2
|
(5)
|
0
|
0
|
0
|
0
|
(2)
|
0
|
|
Net Income (Common) |
(26)
N/A
|
3
N/A
|
31
+803%
|
54
+76%
|
54
N/A
|
84
+55%
|
95
+13%
|
98
+3%
|
(48)
N/A
|
(41)
+16%
|
(30)
+27%
|
(27)
+10%
|
143
N/A
|
144
+0%
|
122
-15%
|
129
+5%
|
148
+15%
|
8
-95%
|
(71)
N/A
|
(83)
-16%
|
(132)
-60%
|
(53)
+60%
|
(48)
+10%
|
(152)
-217%
|
(665)
-337%
|
(675)
-2%
|
(444)
+34%
|
(811)
-83%
|
(1 307)
-61%
|
|
EPS (Diluted) |
-5.97
N/A
|
0.77
N/A
|
6.97
+805%
|
12.24
+76%
|
12.26
+0%
|
19.03
+55%
|
21.52
+13%
|
22.19
+3%
|
-11.7
N/A
|
-8.8
+25%
|
-6.43
+27%
|
-5.78
+10%
|
31.08
N/A
|
31.19
+0%
|
26.52
-15%
|
27.93
+5%
|
1.3
-95%
|
0.07
-95%
|
-0.63
N/A
|
-0.72
-14%
|
-1.17
-63%
|
-0.47
+60%
|
-0.42
+11%
|
-0.09
+79%
|
-0.32
-256%
|
-0.31
+3%
|
-0.2
+35%
|
-0.36
-80%
|
-0.58
-61%
|