NAAS (Naas Technology) Gross Margin %: 73.71% (As of Dec. 2025) — 282% Above Median


NAAS Naas Technology Inc NAAS
33 GF Score
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What is Naas Technology Gross Margin %?

Naas Technology NAAS +0.01% 33 Gross Margin % is 73.71% as of Dec. 2025, which is 282% above its 10-year median of 19.32. GuruFocus rates NAAS with a GF Score™ of 33/100. The stock has 7 warning signs investors should review. Among 1,117 Retail - Cyclical companies, Naas Technology ranks better than 98.66% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Naas Technology's Gross Profit for the six months ended in Dec. 2025 was $6.13 Mil. Naas Technology's Revenue for the six months ended in Dec. 2025 was $8.31 Mil. Therefore, Naas Technology's Gross Margin % for the quarter that ended in Dec. 2025 was 73.71%.


The historical rank and industry rank for Naas Technology's Gross Margin % or its related term are showing as below:

NAAS' s Gross Margin % Range Over the Past 10 Years
Min: -6.19   Med: 19.32   Max: 85.92
Current: 85.9


During the past 6 years, the highest Gross Margin % of Naas Technology was 85.92%. The lowest was -6.19%. And the median was 19.32%.

NAAS's Gross Margin % is ranked better than
98.66% of 1117 companies
in the Retail - Cyclical industry
Industry Median: 36.25 vs NAAS: 85.90

Naas Technology had a gross margin of 73.71% for the quarter that ended in Dec. 2025 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Naas Technology was 0.00% per year.


Naas Technology  (NAS:NAAS) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Naas Technology had a gross margin of 73.71% for the quarter that ended in Dec. 2025 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Naas Technology Gross Margin % Related Terms


Naas Technology Gross Margin % Historical Data

* Premium members only.

The historical data trend for Naas Technology's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Naas Technology Gross Margin % Chart

Naas Technology Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial 11.56 6.65 27.08 44.06 85.92

Naas Technology Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 25.55 32.04 58.97 96.66 73.71

NAAS vs LESL, PTLE, NPT: Gross Margin % Comparison

For the Specialty Retail subindustry, Naas Technology's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Naas Technology Gross Margin % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Naas Technology's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Naas Technology's Gross Margin % falls into.


NAAS
33GF Score
Naas Technology Inc NAAS
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Naas Technology Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Naas Technology's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=15.3 / 17.767
=(Revenue - Cost of Goods Sold) / Revenue
=(17.767 - 2.501) / 17.767
=85.92 %

Naas Technology's Gross Margin for the quarter that ended in Dec. 2025 is calculated as


Gross Margin % (Q: Dec. 2025 )=Gross Profit (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=6.1 / 8.311
=(Revenue - Cost of Goods Sold) / Revenue
=(8.311 - 2.185) / 8.311
=73.71 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 73.71% mean?
Naas Technology (NAAS) has a Gross Margin % of 73.71% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Naas Technology and its competitors. This is 282% above median its historical median of 19.32. According to the industry distribution chart, Naas Technology ranks #15 out of 1117 companies in the Retail - Cyclical industry, placing it in the top 1.3%.
Is Naas Technology's Gross Margin % too high?
Naas Technology's current Gross Margin % of 73.71% is 282% above median its 10-year median of 19.32. The Retail - Cyclical industry median Gross Margin % is 36.25. Naas Technology's value of 73.71% is 103.3% above this industry median. Based on the distribution chart, Naas Technology ranks #15 out of 1117 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Naas Technology has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Naas Technology's Gross Margin % compare to LESL and PTLE?
According to the Retail - Cyclical industry distribution chart, Naas Technology ranks #15 out of 1117 companies for Gross Margin %. This places Naas Technology in the top 1% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 36.25. Naas Technology's value of 73.71% is 103.3% above this benchmark. While the company's 10-year median is 19.32 vs. the industry median of 36.25, Naas Technology has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Retail - Cyclical company?
The median Gross Margin % among Retail - Cyclical companies is 36.25, based on 1,117 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Naas Technology's current Gross Margin % of 73.71% is 103.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Naas Technology and its competitors. For the Retail - Cyclical industry, the median Gross Margin % is 36.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Naas Technology's current Gross Margin % is 73.71%, which is 282% above median its own 10-year median of 19.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Naas Technology stock overvalued right now?
Naas Technology (NAAS) has a current Gross Margin % of 73.71%. The current Gross Margin % is 73.71%, which is 282% above median its 10-year median of 19.32 and 103.3% above the Retail - Cyclical industry median of 36.25. Naas Technology's overall GF Score™ is 33/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Naas Technology (NAAS), the current Gross Margin % is 73.71% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Naas Technology Business Description

Address No.1 Yaojiayuan South Road, Newlink Center, Area G, Building 7, Huitong Times Square, Chaoyang District, Beijing, CHN, 100024
Naas Technology Inc is an electric vehicle charging service provider in China, whose vision is to power the world with carbon-neutral energy. It offers an integrated set of online solutions to charging station operators, a wide range of offline services that simplify the daily operations of charging station operators, and non-charging services such as food and beverage services to station operators.
33GF Score

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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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