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	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	127.86	436.24	513.35	8.49	3.67
Short-Term Investments	237.73	27.9	-	-	0.3
Trading Asset Securities	9.16	70.16	-	-	-
Cash & Short-Term Investments	374.75	534.3	513.35	8.49	3.97
Cash Growth	-46.72%	4.08%	5947.25%	114.10%	-
Accounts Receivable	79.56	150.83	130	38.46	4.82
Other Receivables	-	27.7	-	0.56	23.95
Receivables	79.56	178.53	130	39.01	28.77
Inventory	4.15	22.46	-	-	-
Prepaid Expenses	-	224.43	259.2	42.51	21.95
Other Current Assets	516.18	184.24	28.24	62.77	3.66
Total Current Assets	974.64	1,144	930.79	152.78	58.35
Property, Plant & Equipment	12.21	18.4	19.63	20.31	18.31
Long-Term Investments	227.53	140.03	140.81	5	-
Goodwill	-	40.09	-	-	-
Other Intangible Assets	2.52	13.32	0.83	-	-
Other Long-Term Assets	3.55	109.3	13.87	-	-
Total Assets	1,288	1,465	1,106	178.09	76.66
Accounts Payable	149.97	152.07	49.24	16.87	4.32
Accrued Expenses	-	164.97	47.39	80.09	29.38
Short-Term Debt	268.56	294.31	-	-	-
Current Portion of Long-Term Debt	821.72	72.95	38	-	-
Current Portion of Leases	4.4	7.15	6.85	7.07	3.94
Current Income Taxes Payable	19.24	19.17	16.21	6.79	1.47
Current Unearned Revenue	-	101.05	33.54	25.11	8.86
Other Current Liabilities	221.5	5.36	0.91	0.16	0.23
Total Current Liabilities	1,485	817.03	192.14	136.09	48.2
Long-Term Debt	15.17	681.82	465.16	-	-
Long-Term Leases	5.52	6.94	9.33	12.57	13.9
Long-Term Deferred Tax Liabilities	1.42	2.92	0.44	-	-
Total Liabilities	1,508	1,509	667.06	148.65	62.1
Common Stock	184.73	165.18	146.73	-	-
Additional Paid-In Capital	7,371	7,196	6,359	423.33	147.99
Retained Earnings	-7,709	-7,338	-6,031	-393.89	-133.43
Comprehensive Income & Other	-67.46	-70.4	-35.2	-	-
Total Common Equity	-219.97	-47.04	438.87	29.44	14.56
Minority Interest	0.35	3.43	-	-	-
Shareholders' Equity	-219.62	-43.61	438.87	29.44	14.56
Total Liabilities & Equity	1,288	1,465	1,106	178.09	76.66
Total Debt	1,115	1,063	519.34	19.63	17.84
Net Cash (Debt)	-740.62	-528.87	-5.98	-11.14	-13.87
Net Cash Per Share	-58.10	-46.81	-0.62	-1.35	-1.68
Filing Date Shares Outstanding	13.47	12.89	10.98	10.71	8.24
Total Common Shares Outstanding	13.47	12.28	10.98	0.25	8.24
Working Capital	-510.75	326.94	738.65	16.69	10.15
Book Value Per Share	-16.33	-3.83	39.95	117.76	-
Tangible Book Value	-222.49	-100.44	438.04	29.44	14.56
Tangible Book Value Per Share	-16.52	-8.18	39.88	117.76	-
Machinery	-	6.2	2.87	0.61	-

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