Valuation
Is the price right?Insufficient data
Insufficient data: 1 of 3 inputs reported (at least 2 needed). We leave it blank rather than fill the gap with a made-up middle value.
Bringing the fundamentals into focus…
MAAS TechnologyBeta data
Maase Inc.
$12.11-2.50%
Price as of close on Nov 3, 2026 · Financials updated Oct 1, 2026
Basics
- Sector
- Technology
- Industry
- Information Technology Services
- Country
- China
- Market cap
- 5.4B USD
- Enterprise value
- 5.4B USD
Growth
Is it growing?54/100
Moderate▼ 1 since Oct 27 close
2/3 inputs reported · Partial data
Since last year: ▼ Weaker
- 12-month revenue fell 34.1%
Why it changed since the Oct 27, 2026 close: Score 55 → 54
- Peer companies moved-1
Why
Compare with peers Mixed versus peers:
- ▲ 3-yr revenue
- ▼ Revenue growth
Behind the score
Revenue and earnings-per-share growth over one year, and revenue growth over three years.
Earnings per share growthUnavailable
Missing · left out of the score · no sector data, so not countedNot counted · remaining weights rescaledSector median: 0.1108 · MAD: 0.30503-year revenue growth69.9%
SEC filings · 3 years to Jun 2025Outlier capped at sector 5th/95th percentile33% base weight · Z-score 3.42Sector median: 0.0483 · MAD: 0.0793Revenue growth-34.1%
SEC filings · 12 months to Jun 2025Outlier capped at sector 5th/95th percentile33% base weight · Z-score -3.04Sector median: 0.0853 · MAD: 0.1017Profitability
Does it earn well?3/100
Weak
3/3 inputs reported · High confidence
Since last year: ▼ Weaker
- Operating margin fell 49.6 points to -88.5%
Why
Compare with peers Weaker than most peers on:
- ▼ Operating margin
- ▼ ROIC
- ▼ ROA
Behind the score
Return on invested capital, operating margin, and return on assets.
Operating margin-88.5%
SEC filings · 12 months to Jun 2025Outlier capped at sector 5th/95th percentile33% base weight · Z-score -7.12Sector median: 0.0631 · MAD: 0.0710Return on assets-5.8%
SEC filings · 12 months to Jun 2025Reported value33% base weight · Z-score -2.42Sector median: 0.0293 · MAD: 0.0362Return on invested capital-98.6%
SEC filings · 12 months to Jun 2025Outlier capped at sector 5th/95th percentile33% base weight · Z-score -4.27Sector median: 0.0676 · MAD: 0.0857Other data (not scored)
Gross margin25.6%
Yahoo Finance · trailing 12 monthsReported valueInformational · 0% composite weightSector median: 0.3343 · MAD: 0.1632Return on equityUnavailable
Missing · left out of the scoreInformational · 0% composite weightSector median: 0.0753 · MAD: 0.0889Risk
Debt, liquidity, price swingsLower
Lower relative risk
2/3 inputs reported · Partial data
Since last year: No major change
Why
Compare with peers Stronger than most peers on:
- ▲ Current ratio
- ▲ Debt / equity
Behind the score
Relative to sector peers: 0 = lower relative risk · 1 = moderate · 2 = higher. Based on leverage, beta and liquidity.
BetaUnavailable
Missing · left out of the score · no sector data, so not countedNot counted · remaining weights rescaledSector median: 0.8710 · MAD: 0.3700Current ratio53.07×
Yahoo FinanceOutlier capped at sector 5th/95th percentile33% base weight · Z-score 8.42Sector median: 1.8295 · MAD: 0.6848Debt / equity0.01×
Yahoo FinanceReported value33% base weight · Z-score 1.06Sector median: 0.2495 · MAD: 0.2270Valuation, growth and profitability scores: higher is better. Risk: 0 is lower, 2 is higher. Risk is a relative proxy, not a bankruptcy probability. Scores depend on available sector peers.
Questions investors ask about Maase
- Is Maase getting weaker?
- Its latest SEC filing (Oct 29, 2025) got weaker in some ways: operating margin fell 49.6 points to -88.5%; 12-month revenue fell 34.1%. Its overall score is 52/100, down 1 since Oct 28, 2026.
- How is Maase valued vs its peers?
- Insufficient data: 1 of 3 inputs reported (at least 2 needed).
- Is Maase growing?
- At about the same pace as its peers. Growth scores 54/100 against 1,711 technology peers. 3-year revenue growth 69.9% vs a peer median of 4.8% (stronger than 95% of peers).3-year revenue growth 69.9% vs peers 4.8% (stronger than 95% of peers). Revenue growth -34.1% vs a peer median of 8.5% (weaker than 100% of peers).Revenue growth -34.1% vs peers 8.5% (weaker than 100% of peers).
- How profitable is Maase?
- Less profitable than most of its peers. Profitability scores 3/100 against 1,711 technology peers. Operating margin -88.5% vs a peer median of 6.3% (weaker than 100% of peers).Operating margin -88.5% vs peers 6.3% (weaker than 100% of peers).
- How risky is Maase?
- Lower risk relative to 1,711 technology peers, judged on debt, liquidity and share-price swings. Current ratio 53.07× vs a peer median of 1.83× (stronger than 95% of peers).Current ratio 53.07× vs peers 1.83× (stronger than 95% of peers). A relative measure, not a bankruptcy probability.
Latest filing: what changed
Year ended Jun 30, 2025 · filed Oct 29, 2025 · compared with the year ended Jun 30, 2024Got weaker
- Operating margin fell 49.6 points to -88.5%
- 12-month revenue fell 34.1%
Worth watching: Maase is in the bottom fifth of its sector on profitability. From 2021 to 2025, 63% of companies in that position posted a loss over the following year, against 4% for the top fifth.
| Previous year | Latest year | Change | |
|---|---|---|---|
| Revenue (12 months) | 1.2B CNY | 781.2M CNY | −34.1% |
| Net income (12 months) | −289.7M CNY | −196.0M CNY | −32.3% |
| Operating margin | -38.9% | -88.5% | −49.6 pts |
| Free cash flow (12 months) | 53.4M CNY | 65.9M CNY | +23.4% |
| Cash | 295.7M CNY | 82.1M CNY | −72.2% |
From the company’s own SEC filings, as filed. Twelve-month figures roll forward one year at a time.
Financials
Fiscal years from SEC annual filings · change vs the prior year · amounts in CNY, as reported| Key ratios | FY Jun 2021 | FY Jun 2022 | FY Jun 2023 | FY Jun 2024 | FY Jun 2025 | Change |
|---|---|---|---|---|---|---|
| Gross margin | 77.2% | 78.7% | 82.3% | — | — | — |
| Operating margin | -37.9% | -46.6% | -51.4% | -39.1% | -88.5% | ▼ 49 pts |
| Net margin | -24.0% | -38.1% | -38.1% | -24.4% | -25.1% | ▼ 0.6 pts |
| Return on assets (ROA) | -9.9% | -13.1% | -16.5% | -6.8% | -5.8% | ▲ 0.9 pts |
| Return on equity (ROE) | -14.5% | -23.3% | -20.1% | -22.5% | -30.8% | ▼ 8.3 pts |
| Free cash flow margin | -5.8% | -38.3% | -22.9% | 4.5% | 8.4% | ▲ 3.9 pts |
| Current ratio | 3.10× | 2.36× | 9.59× | 2.80× | 3.84× | ▲ 37% |
| Debt to equity | — | 0.50× | 0.51× | 0.08× | 0.13× | ▲ 69% |
MAAS price history
Price history is added with the daily price update and will appear after the next one.