NaaS Technology Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '24 Jun 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	179.6	436.24	513.35	8.49	3.67
Short-Term Investments	246.94	27.9	-	-	0.3
Trading Asset Securities	8.59	70.16	-	-	-
Cash & Short-Term Investments	435.13	534.3	513.35	8.49	3.97
Cash Growth	-29.56%	4.08%	5947.25%	114.10%	-
Accounts Receivable	187.4	150.83	130	38.46	4.82
Other Receivables	1.86	27.7	-	0.56	23.95
Receivables	189.26	178.53	130	39.01	28.77
Inventory	19.45	22.46	-	-	-
Prepaid Expenses	215.56	224.43	259.2	42.51	21.95
Other Current Assets	171.31	184.24	28.24	62.77	3.66
Total Current Assets	1,031	1,144	930.79	152.78	58.35
Property, Plant & Equipment	14.08	18.4	19.63	20.31	18.31
Long-Term Investments	207.1	140.03	140.81	5	-
Goodwill	40.37	40.09	-	-	-
Other Intangible Assets	12	13.32	0.83	-	-
Other Long-Term Assets	5.48	109.3	13.87	-	-
Total Assets	1,310	1,465	1,106	178.09	76.66
Accounts Payable	174.1	152.07	49.24	16.87	4.32
Accrued Expenses	136.91	164.97	47.39	80.09	29.38
Short-Term Debt	263.49	294.31	-	-	-
Current Portion of Long-Term Debt	334.82	72.95	38	-	-
Current Portion of Leases	5.33	7.15	6.85	7.07	3.94
Current Income Taxes Payable	12.97	19.17	16.21	6.79	1.47
Current Unearned Revenue	55.63	101.05	33.54	25.11	8.86
Other Current Liabilities	5.8	5.36	0.91	0.16	0.23
Total Current Liabilities	989.06	817.03	192.14	136.09	48.2
Long-Term Debt	555.66	681.82	465.16	-	-
Long-Term Leases	4.76	6.94	9.33	12.57	13.9
Long-Term Deferred Tax Liabilities	2.76	2.92	0.44	-	-
Total Liabilities	1,552	1,509	667.06	148.65	62.1
Common Stock	178.55	165.18	146.73	-	-
Additional Paid-In Capital	7,350	7,196	6,359	423.33	147.99
Retained Earnings	-7,701	-7,338	-6,031	-393.89	-133.43
Comprehensive Income & Other	-82.64	-70.4	-35.2	-	-
Total Common Equity	-255.43	-47.04	438.87	29.44	14.56
Minority Interest	12.93	3.43	-	-	-
Shareholders' Equity	-242.5	-43.61	438.87	29.44	14.56
Total Liabilities & Equity	1,310	1,465	1,106	178.09	76.66
Total Debt	1,164	1,063	519.34	19.63	17.84
Net Cash (Debt)	-728.94	-528.87	-5.98	-11.14	-13.87
Net Cash Per Share	-59.79	-46.81	-0.62	-1.35	-1.68
Filing Date Shares Outstanding	13.06	12.89	10.98	10.71	8.24
Total Common Shares Outstanding	13.06	12.28	10.98	0.25	8.24
Working Capital	41.65	326.94	738.65	16.69	10.15
Book Value Per Share	-19.55	-3.83	39.95	117.76	-
Tangible Book Value	-307.8	-100.44	438.04	29.44	14.56
Tangible Book Value Per Share	-23.56	-8.18	39.88	117.76	-
Machinery	-	6.2	2.87	0.61	-

Source: S&P Capital IQ. Standard template. Financial Sources.