NaaS Technology Inc. is classed by the SEC under Retail-Retail Stores, NEC (industry code 5990). In its latest annual figures on file, for the fiscal year ended 2024-12-31, it reported revenue of $28 million and a loss of $125 million (its filed statements).
Retail businessRetail-Retail Stores, NECfilings since 20176 of 9 filed, 3 estimated
Three tenses, nine metrics. Unseen metrics stay unseen; the grade never fakes a number. Proxy era: provisional values, marked. Weighed as a retail business: prior from its industry code (SEC 5990, Retail-Retail Stores, NEC); the filing read can change it. All three tenses have at least two readings, so the archetype blend applies as printed.
The grade, in three tenses
Headline 3.9 out of ten, 6 of 9 metrics filed and 3 estimated: past 3.8 out of ten, present 3.0 out of ten, future 5.3 out of ten. The past asks what it actually did, the present what it is doing right now, the future what it is set up to do next.
The nine metrics
Surviving crises (past): 3.6 out of ten. 3 warning events since 2017; the latest 2025-04-30. 36th percentile among 18 sector filers. A production reading, recomputed from the filings on every data build (read from EDGAR 2026-10-12).
Track record (past): 5.2 out of ten. +47.1% a year over 3 filed years; profitable in 0 of 3. 52nd percentile among 17 sector filers. A production reading, recomputed from the filings on every data build (read from EDGAR 2026-10-12).
Shareholder treatment (past): 1.9 out of ten. CrossAssetData estimate 1.9/10, confidence 35 of 100 (one part). 19th percentile among 18 sector filers. A CrossAssetData estimate, not a filed reading: one part, confidence 35 of 100; a filing that carries the missing parts replaces this estimate with the filed reading.
Financial health (present): 1.1 out of ten. Leverage 216%: owes 216¢ per asset dollar. 11th percentile among 18 sector filers. A production reading, recomputed from the filings on every data build (read from EDGAR 2026-10-12).
Industry position (present): 4.7 out of ten. bottom 47% of 17 in its family; net margin -455%. 47th percentile among 17 sector filers. A production reading, recomputed from the filings on every data build (read from EDGAR 2026-10-12).
Leadership (present): 4.3 out of ten. CrossAssetData estimate 4.3/10, confidence 20 of 100 (family median). 50th percentile among 9 sector filers. A CrossAssetData estimate, not a filed reading: family median, confidence 20 of 100; its next annual report on file with the inputs replaces this estimate with the filed reading.
Room to expand (future): 4.0 out of ten. bottom 40% of 17 in its family for room to expand. 40th percentile among 17 sector filers. A production reading, recomputed from the filings on every data build (read from EDGAR 2026-10-12).
Growth drivers (future): 6.3 out of ten. top 37% of 17 in its family for growth drivers. 63rd percentile among 17 sector filers. A production reading, recomputed from the filings on every data build (read from EDGAR 2026-10-12).
Expectations vs reality (future): 4.8 out of ten. CrossAssetData estimate 4.8/10, confidence 20 of 100 (family median). 50th percentile among 15 sector filers. A CrossAssetData estimate, not a filed reading: family median, confidence 20 of 100; its next annual report on file with the inputs replaces this estimate with the filed reading.
The filing record
Newest annual report: Form 20-F filed 2026-04-17 for the period ended 2025-12-31 (on EDGAR). Newest filing: Form SCHEDULE 13D/A, 2026-09-08. Filings on record since 2017. Read from EDGAR 2026-10-12.
Who runs it
Wang, Yang (Chief Executive Officer); Sim, Steven (Chief Financial Officer); Wu, Ye (nmn) (Chief Strategy Officer); Sun, Weilin (director); Dai, Zhen (director); Liu, Xiaoli (director); Zhang, Wei (nmn) (director). 7 officers and directors have filed their own trades in the last fifteen months, names and titles as filed with the SEC, through 2026-09-30.
Every stock is a company. We grade the company behind the stock. CrossAssetData is a company research product: no investment advice, no price targets, no price predictions; every claim carries its source, and unseen means unseen. The full file draws when the page's script runs: the essentials, the balance sheet, the estimators, the trend, and every filing of the last ten years.