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Naas Technology (Naas Technology) Total Assets : $179.85 Mil (As of Mar. 2024)


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What is Naas Technology Total Assets?

Naas Technology's Total Assets for the quarter that ended in Mar. 2024 was $179.85 Mil.

During the past 12 months, Naas Technology's average Total Assets Growth Rate was 50.80% per year. During the past 3 years, the average Total Assets Growth Rate was 145.90% per year.

During the past 4 years, Naas Technology's highest 3-Year average Total Assets Growth Rate was 145.90%. The lowest was 145.90%. And the median was 145.90%.

Total Assets is connected with ROA %. Naas Technology's annualized ROA % for the quarter that ended in Mar. 2024 was -65.61%. Total Assets is also linked to Revenue through Asset Turnover. Naas Technology's Asset Turnover for the quarter that ended in Mar. 2024 was 0.07.

Naas Technology Total Assets Historical Data

The historical data trend for Naas Technology's Total Assets 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.

* Premium members only.

Naas Technology Total Assets Chart

Naas Technology Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Total Assets
10.34 27.96 158.63 205.19

Naas Technology Quarterly Data
Dec20 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 165.91 193.86 248.01 205.19 179.85

Naas Technology Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Naas Technology's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (A: Dec. 2023 )+Total Liabilities (A: Dec. 2023 )
=-6.107+211.297
=205.19

Naas Technology's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets=Total Equity (Q: Mar. 2024 )+Total Liabilities (Q: Mar. 2024 )
=-22.462+202.314
=179.85

* 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  (NAS:NAAS) Total Assets Explanation

Total Assets is connected with ROA %.

Naas Technology's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %=Net Income (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=-126.308/( (205.19+179.852)/ 2 )
=-126.308/192.521
=-65.61 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Naas Technology's Asset Turnover for the quarter that ended in Mar. 2024 is

Asset Turnover
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=13.363/( (205.19+179.852)/ 2 )
=13.363/192.521
=0.07

* 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.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Naas Technology Total Assets Related Terms

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Naas Technology (Naas Technology) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Naas Technology Inc (NAS:NAAS) » Definitions » Total Assets
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Traded in Other Exchanges
6RE0:Germany
Address
No.1 Yaojiayuan South Road, Newlink Center, Area G, Building 7, Huitong Times Square, Chaoyang District, Beijing, CHN, 100024
Website
https://www.enaas.com
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. wide range of offline services that simplify the daily operations of charging station operators, and of non-charging services such as food and beverage services to station operators.