NAAS (Naas Technology) Operating Margin %: -232.09% (As of Dec. 2025)


NAAS Naas Technology Inc NAAS
33 GF Score
Price $3.09
! 7 Warning Signs
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What is Naas Technology Operating Margin %?

Naas Technology NAAS +0.01% 33 Operating Margin % is -232.09% as of Dec. 2025. GuruFocus rates NAAS with a GF Score™ of 33/100. The stock has 7 warning signs investors should review. Among 1,128 Retail - Cyclical companies, Naas Technology ranks worse than 98.4% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Naas Technology's Operating Income for the six months ended in Dec. 2025 was $-19.29 Mil. Naas Technology's Revenue for the six months ended in Dec. 2025 was $8.31 Mil. Therefore, Naas Technology's Operating Margin % for the quarter that ended in Dec. 2025 was -232.09%.

Good Sign:

Naas Technology Inc operating margin is expanding. Margin expansion is usually a good sign.

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

NAAS' s Operating Margin % Range Over the Past 10 Years
Min: -2635.21   Med: -595.36   Max: -152.41
Current: -152.56


NAAS's Operating Margin % is ranked worse than
98.4% of 1128 companies
in the Retail - Cyclical industry
Industry Median: 3.905 vs NAAS: -152.56

Naas Technology's 5-Year Average Operating Margin % Growth Rate was 35.80% per year.

Naas Technology's Operating Income for the six months ended in Dec. 2025 was $-19.29 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was $-26.93 Mil.

Warning Sign:

Naas Technology Inc has never been profitable in the past 3 years. It lost money every year.


Naas Technology  (NAS:NAAS) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Naas Technology Operating Margin % Related Terms


Naas Technology Operating Margin % Historical Data

* Premium members only.

The historical data trend for Naas Technology's Operating 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 Operating Margin % Chart

Naas Technology Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Margin %
Get a 7-Day Free Trial -759.86 -2,635.11 -430.86 -262.24 -152.41

Naas Technology Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Operating Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -371.43 -260.04 -264.96 -82.38 -232.09

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

For the Specialty Retail subindustry, Naas Technology's Operating Margin %, along with its competitors' market caps and Operating 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 Operating Margin % vs Retail - Cyclical Industry

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

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


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

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

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

Operating Margin %=Operating Income (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=-27.079 / 17.767
=-152.41 %

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

Operating Margin %=Operating Income (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=-19.289 / 8.311
=-232.09 %

* 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.

Frequently Asked Questions Learn more about Operating Margin % →
What does a Operating Margin % of -232.09% mean?
Naas Technology (NAAS) has a Operating Margin % of -232.09% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Naas Technology and its competitors. According to the industry distribution chart, Naas Technology ranks #1110 out of 1128 companies in the Retail - Cyclical industry, placing it in the top 98.4%.
Is Naas Technology's Operating Margin % too high?
Naas Technology's current Operating Margin % is -232.09%. Based on the distribution chart, Naas Technology ranks #1110 out of 1128 companies in the Retail - Cyclical industry, which is in the bottom quartile 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 Operating Margin % compare to LESL and PTLE?
According to the Retail - Cyclical industry distribution chart, Naas Technology ranks #1110 out of 1128 companies for Operating Margin %. This places Naas Technology in the lower half of its industry. The industry median Operating Margin % is 3.91. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Margin % for a Retail - Cyclical company?
The median Operating Margin % among Retail - Cyclical companies is 3.91, based on 1,128 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on Naas Technology and its competitors. For the Retail - Cyclical industry, the median Operating Margin % is 3.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Naas Technology's current Operating Margin % is -232.09%. 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 Operating Margin % of -232.09%. The current Operating Margin % is -232.09%. 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 Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For Naas Technology (NAAS), the current Operating Margin % is -232.09% 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

Get the complete analysis for NAAS

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

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