MAAS

Maase Inc.

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Latest Quote

$16.55

+0.01 (+0.06%)
Current Price
Previous Close $16.54
Open $16.56
Day High $16.89
Day Low $15.70
Volume 76,792
Fetched: 2026-08-30T08:38:19
Stock Information
Note: Financial values converted from CNY to USD
Shares Outstanding 435.51M
Total Debt $4.31M
Cash Equivalents $5.21M
Revenue $985K
Net Income $-3.23M
Sector Financial Services
Industry Asset Management
Market Cap $7.32B
EPS (TTM) $-3.18
Exchange NGM
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Recent Price History
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About Maase Inc.

Maase Inc. operates as an integrated provider and operator of an artificial intelligence (“AI”) -centric full-scene digital systems. The company focuses on areas of flexible energy deployment and intelligent commercial network operation, and provide closed-loop solutions from computing infrastructure, smart hardware and full-scene services, aiming to achieve large-scale implementation of AI technologies across industries. The company was founded in 2010 and is based in Chengdu, China.

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Income Statement (Annual)
Metric 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Revenue
Reconciled Cost Of Revenue - $84,558,886 $3,018,377 $8,192,545
Cost Of Revenue - $84,558,886 $3,018,377 $8,192,545
Total Revenue - $143,324,453 $17,028,495 $28,084,368
Operating Revenue - $143,324,453 $17,028,495 $28,084,368
Expenses
Total Expenses $153,449,741 $148,837,584 $25,778,439 $39,110,780
Other Income Expense $-19,436,054 $-71,468,491 $2,264,861 $749,498
Other Non Operating Income Expenses $-88,040,472 $-319,768 $247,005 $749,498
Operating Expense $94,323,337 $64,278,698 $22,760,062 $30,918,235
Net Non Operating Interest Income Expense - $2,418,124 $1,278,327 $1,112,120
Other Operating Expenses - $319,768 $-247,005 $-749,498
Selling And Marketing Expense - $11,417,751 $9,011,234 $15,701,064
General And Administrative Expense - $52,860,947 $13,748,828 $15,217,171
Interest Expense - - - -
Interest Expense Non Operating - - - -
Income & Earnings
Operating Income $-37,206,011 $-5,513,131 $-8,749,944 $-11,026,412
Net Income From Continuing Operation Net Minority Interest - $-43,664,459 $-6,484,190 $-9,027,156
Net Interest Income - $2,418,124 $1,278,327 $1,112,120
Interest Income - $2,418,124 $1,278,327 $1,112,120
Normalized Income - $9,697,083 $-7,997,582 $-9,027,156
Net Income From Continuing And Discontinued Operation - $-43,102,447 $-6,484,190 $-9,027,156
Total Operating Income As Reported - $-68,962,278 $-8,749,944 $-11,026,412
Net Income Common Stockholders - $-43,102,447 $-6,484,190 $-9,027,156
Net Income - $-43,102,447 $-6,484,190 $-9,027,156
Net Income Including Noncontrolling Interests - $-76,195,371 $-6,484,190 $-9,027,156
Net Income Continuous Operations - $-76,757,383 $-6,484,190 $-9,027,156
Earnings From Equity Interest Net Of Tax - $-181,237 $0 $0
Pretax Income - $-74,563,498 $-5,206,755 $-9,164,794
Special Income Charges - $-63,449,147 $0 $0
Interest Income Non Operating - $2,418,124 $1,278,327 $1,112,120
Gross Profit - $58,765,567 $14,010,118 $19,891,823
Per Share
Diluted EPS - $-16.90 $-6.45 $-5.99
Basic EPS - $-16.71 $-6.45 $-5.99
Other
Normalized EBITDA (Bullshit earnings) $-90,686,406 $74,445,204 $-10,114,128 $-10,068,894
EBITDA (Bullshit earnings) $-22,081,988 $3,296,481 $-8,096,272 $-10,068,894
EBIT $-37,206,011 $-5,513,131 $-8,749,944 $-11,026,412
Tax Effect Of Unusual Items - $-17,787,181 $504,464 $0
Tax Rate For Calcs - $0 $0 $0
Total Unusual Items - $-71,148,723 $2,017,856 $0
Total Unusual Items Excluding Goodwill - $-71,148,723 $2,017,856 $0
Reconciled Depreciation - $8,809,612 $653,672 $957,518
Diluted Average Shares - $384,828 $149,579 $224,368
Basic Average Shares - $384,828 $149,579 $224,368
Diluted NI Availto Com Stockholders - $-43,102,447 $-6,484,190 $-9,027,156
Minority Interests - $33,092,924 $0 $0
Tax Provision - $2,012,648 $1,277,435 $-137,639
Impairment Of Capital Assets - $63,449,147 $0 $0
Gain On Sale Of Security - $-7,699,576 $2,017,856 -
Selling General And Administration - $64,278,698 $22,760,062 $30,918,235
Other Gand A - $52,860,947 $13,748,828 $15,217,171
Fetched: 2026-08-30
Balance Sheet (Annual)
Metric 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Assets
Net Tangible Assets - $111,805,221 $32,027,825 $38,529,424
Total Assets - $636,541,616 $39,363,588 $69,032,958
Total Non Current Assets - $281,611,631 $4,990,402 $10,294,026
Other Non Current Assets - $60,770,477 - -
Non Current Prepaid Assets - $33,532,326 $3,274 $81,988
Non Current Deferred Assets - $4,501,153 $2,462,912 $3,567,889
Non Current Deferred Taxes Assets - $4,501,153 $2,462,912 $3,567,889
Non Current Accounts Receivable - $108,158,469 - -
Goodwill And Other Intangible Assets - $79,418,941 $266,498 $165,761
Other Intangible Assets - $62,133,322 $266,498 $165,761
Current Assets - $354,929,984 $34,373,186 $58,738,932
Other Current Assets - $7,254,371 $949,334 -
Restricted Cash - $7,130,422 $0 $17,676,661
Prepaid Assets - $4,167,696 $380,031 $2,127,223
Receivables - $194,384,194 $8,570,940 $9,285,618
Other Receivables - $50,934,305 $2,975,969 $298
Loans Receivable - $115,177,589 $0 -
Accounts Receivable - $27,999,702 $5,594,971 $8,854,549
Allowance For Doubtful Accounts Receivable - $-131,835 $-1,025,519 $-1,025,519
Gross Accounts Receivable - $28,131,537 $6,620,489 $9,880,068
Cash Cash Equivalents And Short Term Investments - $120,223,940 $24,472,881 $29,649,430
Cash And Cash Equivalents - $32,778,215 $24,472,881 $28,905,438
Taxes Receivable - - - $396,697
Debt
Total Debt - $29,685,588 $2,152,518 $5,229,968
Long Term Debt And Capital Lease Obligation - $8,013,689 $1,439,327 $3,460,903
Current Debt And Capital Lease Obligation - $21,671,899 $713,191 $1,769,065
Current Debt - $14,638,048 - -
Other Current Borrowings - $14,638,048 - -
Liabilities
Total Liabilities Net Minority Interest $182,397,735 $250,571,233 $7,069,266 $30,337,772
Total Non Current Liabilities Net Minority Interest $96,988,318 $123,945,686 $3,486,794 $5,469,682
Other Non Current Liabilities $7,132,654 $11,780,076 - -
Payables $46,775,537 $63,205,415 $1,271,036 $4,545,346
Other Payable $9,466,706 $9,333,383 $73,358 $2,059,966
Tradeand Other Payables Non Current - $6,166,505 $2,047,467 $2,008,779
Non Current Deferred Liabilities - $35,044,862 $0 -
Non Current Deferred Taxes Liabilities - $35,044,862 $0 -
Current Liabilities - $126,625,547 $3,582,471 $24,868,090
Other Current Liabilities - $10,934,454 $119,485 $17,676,661
Payables And Accrued Expenses - $94,019,193 $2,749,795 $5,422,364
Total Tax Payable - $24,951,863 $261,439 $482,553
Income Tax Payable - $13,234,134 $261,439 $526,151
Accounts Payable - $28,920,169 $936,240 $1,736,180
Current Deferred Liabilities - - $119,485 $0
Equity
Total Equity Gross Minority Interest $318,454,425 $385,970,383 $32,294,323 $38,695,186
Other Equity Interest $-7,132,654 $-6,814,076 - -
Common Stock Equity - $191,224,162 $32,294,323 $38,695,186
Stockholders Equity - $191,224,162 $32,294,323 $38,695,186
Gains Losses Not Affecting Retained Earnings - $3,090,693 $3,457,778 $3,410,609
Other Equity Adjustments - $3,090,693 $3,457,778 $3,410,609
Retained Earnings - $-47,802,097 $-4,686,854 $1,761,178
Long Term Equity Investment - $1,267,316 $0 -
Other
Minority Interest $223,805,070 $194,746,221 $0 $0
Capital Stock $8,673,015 $7,203,482 $89,279 $89,279
Common Stock $8,673,015 $7,203,482 $89,279 $89,279
Current Accrued Expenses $22,064,429 $30,813,778 $1,478,759 $877,018
Ordinary Shares Number - $55,434,496 $13,462,095 $13,462,095
Share Issued - $55,434,496 $13,462,095 $13,462,095
Tangible Book Value - $111,805,221 $32,027,825 $38,529,424
Invested Capital - $205,862,209 $32,294,323 $38,695,186
Working Capital - $228,304,438 $30,790,714 $33,870,842
Capital Lease Obligations - $15,047,541 $2,152,518 $5,229,968
Total Capitalization - $191,224,162 $32,294,323 $38,695,186
Treasury Stock - $4,315 $0 -
Additional Paid In Capital - $235,550,476 $33,434,119 $33,434,119
Non Current Accrued Expenses - $60,771,668 $0 -
Long Term Capital Lease Obligation - $8,013,689 $1,439,327 $3,460,903
Current Capital Lease Obligation - $7,033,852 $713,191 $1,769,065
Investments And Advances - $1,267,316 $0 -
Goodwill - $17,285,618 $0 -
Net PPE - $27,495,275 $2,257,719 $6,478,387
Accumulated Depreciation - $-708,578 $-747,415 $-1,388,587
Gross PPE - $28,203,853 $3,005,133 $7,866,974
Leases - $1,005,134 $109,664 $1,697,046
Construction In Progress - $7,981,549 $0 -
Machinery Furniture Equipment - $1,931,404 $870,769 $1,053,939
Buildings And Improvements - $1,632,021 $2,024,701 $5,115,988
Properties - $0 $0 $0
Other Short Term Investments - $87,445,724 $0 $743,992
Current Deferred Revenue - - $119,485 $0
Dueto Related Parties Current - - $0 $266,647
Duefrom Related Parties Current - - $0 $430,772
Other Properties - - - -
Fetched: 2026-08-30
Cash Flow Statement (Annual)
Metric 2024-06-30 2023-06-30 2022-06-30 2021-06-30
Free Cash Flow
Free Cash Flow $7,950,152 $-4,053,419 $-9,188,453 $-1,748,384
Operating Activities
Operating Cash Flow $8,590,730 $-3,773,975 $-8,355,777 $-416,071
Cash Flow From Continuing Operating Activities $8,590,730 $-3,773,975 $-8,355,777 $-414,893
Operating Gains Losses $-549,661 $-1,578,603 - $-278,363
Cash From Discontinued Operating Activities - $0 $0 $-1,178
Investing Activities
Capital Expenditure $-640,577 $-279,443 $-832,676 $-1,332,312
Investing Cash Flow $34,842,645 $-741,909 $-1,576,668 $7,068,059
Cash Flow From Continuing Investing Activities $34,842,645 $-741,909 $-1,576,668 $7,068,059
Net Other Investing Changes $-103,161,965 - - $7,394,141
Financing Activities
Repurchase Of Capital Stock $-1,492,151 $0 $0 -
Issuance Of Capital Stock $6,691,169 $0 $0 $0
Financing Cash Flow $-12,921,806 $0 $0 $0
Cash Flow From Continuing Financing Activities $-12,921,806 $0 $0 $0
Net Other Financing Charges $-8,311,584 - - -
Net Common Stock Issuance $5,199,018 $0 $0 $0
Common Stock Issuance $6,691,169 $0 $0 $0
Other
Repayment Of Debt $-24,447,585 $0 $0 $0
Issuance Of Debt $14,638,345 $0 $0 $0
Interest Paid Supplemental Data $142,847 $0 $0 $0
Income Tax Paid Supplemental Data $779,109 $595 $744 $4,418
End Cash Position $55,114,351 $24,472,881 $28,905,438 $49,012,769
Beginning Cash Position $24,472,881 $28,905,438 $38,775,834 $42,548,860
Effect Of Exchange Rate Changes $129,901 $83,327 $62,049 $-188,079
Changes In Cash $30,511,569 $-4,515,884 $-9,932,445 $6,651,987
Common Stock Payments $-1,492,151 $0 $0 -
Net Issuance Payments Of Debt $-9,809,240 $0 $0 $0
Net Short Term Debt Issuance $-9,809,240 $0 $0 -
Short Term Debt Payments $-24,447,585 $0 $0 -
Short Term Debt Issuance $14,638,345 $0 $0 -
Net Investment Purchase And Sale $50,908,562 $717,655 $-743,992 $390,739
Sale Of Investment $310,707,680 $717,655 $0 $390,739
Purchase Of Investment $-259,799,118 $0 $-743,992 $0
Net Business Purchase And Sale $87,666,690 $-1,180,121 $0 $615,491
Sale Of Business $89,565,507 $0 $0 $615,491
Purchase Of Business $-1,898,817 $-1,180,121 $0 $0
Net Intangibles Purchase And Sale $0 $-148,352 $-127,223 $-90,431
Purchase Of Intangibles $0 $-148,352 $-127,223 $-90,431
Net PPE Purchase And Sale $-570,642 $-131,091 $-705,453 $-1,241,881
Sale Of PPE $69,935 $0 $0 -
Purchase Of PPE $-640,577 $-131,091 $-705,453 $-1,241,881
Change In Working Capital $-7,405,104 $-30,950 $-3,188,900 $3,869,979
Change In Other Current Liabilities $-6,084,369 $-2,079,607 $-2,842,497 $-1,490,346
Change In Other Current Assets $2,961,089 $0 $0 -
Change In Payables And Accrued Expense $-15,614,463 $-2,007,440 $-492,523 $723,891
Change In Payable $-15,614,463 $-2,007,440 $-492,523 $723,891
Change In Account Payable $-9,164,794 $-799,940 $-93,892 $480,434
Change In Tax Payable $-779,109 $-264,712 $-744 $-259,511
Change In Income Tax Payable $-779,109 $-264,712 $-744 $-259,511
Change In Receivables $11,332,639 $4,056,097 $146,120 $-3,881,467
Changes In Account Receivables $10,024,254 $3,259,430 $-647,720 $-2,626,036
Other Non Cash Items $4,047,020 $1,302,433 $2,132,728 $323,431
Stock Based Compensation $3,472,212 $0 $0 -
Unrealized Gain Loss On Investment Securities $10,975,522 $0 $0 -
Provisionand Write Offof Assets $1,014,954 $0 $0 $0
Asset Impairment Charge $63,449,147 $0 $0 -
Deferred Tax $972,398 $2,363,663 $770,032 $446,264
Deferred Income Tax $972,398 $2,363,663 $770,032 $446,264
Depreciation Amortization Depletion $8,809,612 $653,672 $957,518 $2,008,483
Depreciation And Amortization $8,809,612 $653,672 $957,518 $2,008,483
Amortization Cash Flow $7,564,467 $126,181 $123,800 $88,958
Amortization Of Intangibles $7,564,467 $126,181 $123,800 $88,958
Depreciation $1,245,145 $527,491 $833,718 $1,919,525
Earnings Losses From Equity Investments $166,803 $0 $0 -
Gain Loss On Investment Securities $-859,906 $26,337 - $-96,175
Gain Loss On Sale Of PPE $192,396 $439,104 $0 $0
Gain Loss On Sale Of Business $-48,955 $-2,044,044 $0 $-182,188
Net Income From Continuing Operations $-76,195,371 $-6,484,190 $-9,027,156 $-6,784,688
Change In Other Working Capital - $-17,771,594 $6,241,053 $8,517,902
Net Long Term Debt Issuance - - - $0
Long Term Debt Payments - - - $0
Long Term Debt Issuance - - - $0
Net Foreign Currency Exchange Gain Loss - - - $0
Fetched: 2026-08-30