NaaS Technology (NAAS) Equity Ratio (2016 - 2025)
NaaS Technology (NAAS) reported Equity Ratio of 2.86 for Q4 2025, down 146.4% year-over-year from 6.16 in Q4 2024, and down 146.4% quarter-over-quarter from 1.16 in Q4 2024.
NaaS Technology (NAAS) Equity Ratio (2016 - 2025) Analysis & Trends
NaaS Technology (NAAS) has 10 years of Equity Ratio data on file, last reported at 2.86 in Q4 2025.
- Equity Ratio for Q4 2025 came in at 2.86, down 146.4% year-over-year; the trailing twelve-month figure through Dec 2025 was 2.86 (down 146.4% YoY), and the FY2025 annual result was 2.86, down 146.41% from the prior year.
- Equity Ratio fell to 2.86 in Q4 2025 per NAAS's latest filing, from 1.16 in the prior quarter.
- Over five years, Equity Ratio peaked at 0.4 in Q4 2022 and troughed at 2.86 in Q4 2025.
- A 5-year average of 0.7 and a median of 0.03 in 2023 frame the typical range for Equity Ratio.
- The sharpest annual moves came in 2022 and 2024: Equity Ratio soared 140.07% in 2022, then sank 3794.36% in 2024.
- A 5-year view of Equity Ratio shows it stood at 0.17 in 2021, then soared by 140.07% to 0.4 in 2022, then tumbled by 107.5% to 0.03 in 2023, then slumped by 3794.36% to 1.16 in 2024, then tumbled by 146.4% to 2.86 in 2025.
- Business Quant data shows NAAS's Equity Ratio at 2.86 in Q4 2025, 1.16 in Q4 2024, and 0.03 in Q4 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Caseys General Stores | 27.84 Bn | 27.38 Bn | 1.01 Bn | 0.45 |
| 2 | Williams Sonoma | 24.59 Bn | 23.57 Bn | 1.10 Bn | 0.38 |
| 3 | Ulta Beauty | 20.75 Bn | 20.25 Bn | 1.48 Bn | 0.40 |
| 4 | Dick'S Sporting Goods | 17.81 Bn | 16.45 Bn | 1.77 Bn | 0.32 |
| 5 | Tractor Supply | 15.90 Bn | 15.67 Bn | 1.30 Bn | 0.22 |
| 6 | Best Buy | 15.61 Bn | 13.87 Bn | 2.10 Bn | 0.21 |
| 7 | NaaS Technology | 14.72 Bn | 14.70 Bn | - | -2.86 |
| 8 | Five Below | 10.27 Bn | 9.34 Bn | 696.98 Mn | 0.44 |
| 9 | Murphy USA | 10.20 Bn | 10.08 Bn | 3.98 Bn | 0.14 |
| 10 | GameStop | 9.92 Bn | 905.02 Mn | 386.80 Mn | 0.52 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -2.86 |
| Dec 31, 2024 | -1.16 |
| Dec 31, 2023 | -0.03 |
| Dec 31, 2022 | 0.40 |
| Dec 31, 2021 | 0.17 |
| Dec 31, 2020 | 0.19 |
| Dec 31, 2019 | 0.01 |
| Dec 31, 2018 | 0.19 |
| Dec 31, 2017 | 0.15 |
| Dec 31, 2016 | 0.27 |