NaaS(NAAS)
Search documents
NaaS(NAAS) - 2022 Q4 - Annual Report
2023-04-30 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of May 2023 Commission File Number: 001-38235 | --- | --- | |-----------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------| | (Translation of registrant's | NaaS Techno ...
NaaS(NAAS) - 2022 Q4 - Annual Report
2023-04-30 16:00
Table of Contents Securities registered or to be registered pursuant to Section 12(b) of the Act. Title of Each ClassTrading Symbol(s)Name of Each Exchange on Which Registered American depositary shares, each representing 10 Class A ordinary shares, par value US$0.01 per share Class A ordinary shares, par value US$0.01 per share* NAAS Nasdaq Capital Market UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR 12(g) ...
NaaS(NAAS) - 2022 Q2 - Earnings Call Transcript
2022-08-22 19:55
Financial Data and Key Metrics Changes - In Q2 2022, net total revenues increased by 47%, while net revenues surged by 5.9 times year-over-year, reflecting strong operational efficiency improvements [6][15] - For the first half of 2022, overall revenues rose by 90%, reaching RMB 1.8 billion [6] - Non-IFRS net loss for the first half was RMB 140.3 million, a year-over-year increase of 19%, with the non-IFRS net loss rate decreasing from 209% to 130% [15] Business Line Data and Key Metrics Changes - Net offline services revenue increased by 4.3 times in the first half and by 5.6 times in Q2, driven by strong growth in offline charging stations revenue [6] - Total charging volume reached 1.06 GWh, an increase of 160% year-over-year [7] Market Data and Key Metrics Changes - In the first half of 2022, global new electric vehicle sales increased by 71%, with China's new passenger EV sales reaching 2.34 million, representing 66% of the global total [10] - China's total number of EVs surpassed 10 million by the end of June 2022, with a penetration rate of 26.7% for used passenger EVs in July [10] Company Strategy and Development Direction - The company aims to build a smart charging network and improve efficiency across the market, anticipating a significant increase in charging demand as the number of EVs grows [12][13] - NaaS is positioned as a service provider within the industry value chain, offering a one-stop solution for various stakeholders, including site selection, procurement, and operational support [20][23] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the challenges posed by the macroeconomic environment and COVID-19 lockdowns but emphasized the company's resilience and growth potential [6] - The company expects total electricity charged to increase by 99% year-over-year in the second half of 2022, reaching 2,700 GWh [13] Other Important Information - The company secured an additional RMB 400 million in financing to further develop charging operations and improve charger sales [15] - The Chinese market is transitioning from oil to electric vehicles, with expectations of increased EV adoption and a more rational pricing environment as the market matures [25][26] Q&A Session Summary Question: Could you elaborate on the role of the Company in cooperation with charging operators and downstream OEMs? - The company serves as a service provider within the industry value chain, offering a one-stop solution for site selection, procurement, and operational support to both upstream and downstream players [19][20] Question: How do we expect to price more in the U.S. market? - The company highlighted the transition from oil to electric vehicles, noting that electric prices will become more rational as the market matures and the number of private EVs increases [25][26] Question: What are the cost advantages available to the Company through centralized power procurement? - The company mentioned that while centralized procurement can lower costs, the level of savings varies by province due to different levels of market liberalization [30][31]
NaaS(NAAS) - 2021 Q1 - Earnings Call Transcript
2021-05-21 07:50
RISE Education Cayman Ltd (REDU) Q1 2021 Earnings Conference Call May 20, 2021 9:00 PM ET Company Participants Aaron Li - Investor Relations Lihong Wang - Chairwoman and Chief Executive Officer Warren Wang - Chief Financial Officer Conference Call Participants Sheng Zhong - Morgan Stanley Lei Yang - China Galaxy International Operator Ladies and gentlemen, thank you for standing by and welcome to the RISE Education First Quarter 2021 Earnings Conference Call. [Operator Instructions] Please be advised that t ...
NaaS(NAAS) - 2020 Q4 - Earnings Call Transcript
2021-03-17 03:02
RISE Education Cayman Ltd (REDU) Q4 2020 Earnings Conference Call March 16, 2020 9:00 PM ET Company Participants Aaron Li - Investor Relations Lihong Wang - Chairwoman & Chief Executive Officer Warren Wang - Chief Financial Officer Conference Call Participants Lauren Xu - Credit Suisse Sheng Zhong - Morgan Stanley Blake Lee - Aviation Investment Joy Wei - 86Research Operator Ladies and gentlemen, thank you for standing by. And welcome to RISE Education Fourth Quarter and Full Year 2020 Earnings Conference C ...