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Maase Inc. (MAAS) Financial History

20 years of revenue, earnings, cash-flow and balance-sheet history from public filings.

FINANCIAL SERVICES · ASSET MANAGEMENT · DATA UPDATED 2026-08-03

Maase Inc. (MAAS) operates in the ASSET MANAGEMENT industry and is headquartered in Chengdu, China. Its market capitalization is roughly $7 billion.

Maase Inc. operates as an integrated provider and operator of an artificial intelligence (“AI”) -centric full-scene digital systems.

Interactive charts & full statements → Open the MAAS valuation workbench →

MAAS Revenue & Earnings History — Annual Income Statement

Income statement2025-06-302024-06-302023-06-302022-06-302021-06-302020-06-302019-06-302018-06-302017-06-30
Total RevenueCNY 1.2BCNY 114MCNY 189MCNY 191MCNY 129MCNY 203MCNY 166MCNY 156M
Gross ProfitCNY 470MCNY 94MCNY 134MCNY 147MCNY 98MCNY 172MCNY 137MCNY 102M
Gross Margin %39.6%82.3%70.8%77.0%75.5%84.7%82.6%65.7%
Operating Income (EBIT)(CNY 250M)(CNY 461M)(CNY 59M)(CNY 74M)(CNY 73M)(CNY 54M)CNY 56MCNY 63MCNY 47M
Operating Margin %-38.9%-51.4%-39.3%-38.3%-41.3%27.6%37.9%30.3%
Net Income(CNY 290M)(CNY 44M)(CNY 61M)(CNY 46M)(CNY 33M)CNY 54MCNY 65MCNY 38M
Net Margin %-24.4%-38.1%-32.1%-24.2%-25.4%26.3%39.0%24.3%
EBITDACNY 22M(CNY 53M)(CNY 63M)(CNY 55M)(CNY 39M)CNY 64MCNY 74MCNY 52M
Earnings Per Share (EPS)CNY -4.80CNY -0.72CNY -1.01CNY -0.77CNY -0.55CNY 0.94CNY 1.15CNY 0.67
Shares Outstanding (M)60M60M60M60M60M57M56M56M

CNY; CNYM / CNYB as marked (reporting currency). Newest period first. Source: public company filings (via Yahoo Finance aggregation).

MAAS Quarterly Revenue & Earnings — Last 8 Quarters

Quarterly income statement2025-12-31
Total RevenueCNY 3M
Gross Profit(CNY 16M)
Gross Margin %-517.5%
Operating Income (EBIT)(CNY 20M)
Operating Margin %-641.5%
Net Income(CNY 1.8B)
Net Margin %-58932.2%
EBITDA(CNY 13M)
Earnings Per Share (EPS)CNY -9.85
Shares Outstanding (M)184M

CNY; CNYM / CNYB as marked (reporting currency). Newest period first. Source: public company filings (via Yahoo Finance aggregation).

MAAS Free Cash Flow History

Cash flow2024-06-302023-06-302022-06-302021-06-302020-06-302019-06-302018-06-302017-06-30
Cash from Operations (CFO)CNY 58M(CNY 25M)(CNY 56M)(CNY 3M)(CNY 89M)CNY 98MCNY 45M(CNY 23M)
Capital Expenditures (CapEx)CNY 4MCNY 2MCNY 6MCNY 9MCNY 4MCNY 5MCNY 1MCNY 1M
Free Cash Flow (FCF)CNY 53M(CNY 27M)(CNY 62M)(CNY 12M)(CNY 92M)CNY 93MCNY 44M(CNY 24M)
FCF Margin %4.5%-23.8%-32.7%-6.2%-71.3%45.9%26.2%-15.3%

CNY; CNYM / CNYB as marked (reporting currency). Newest period first. Source: public company filings (via Yahoo Finance aggregation).

MAAS Quarterly Free Cash Flow — Last 8 Quarters

Quarterly cash flow2025-12-31
Cash from Operations (CFO)(CNY 31M)
Capital Expenditures (CapEx)CNY 3M
Free Cash Flow (FCF)(CNY 34M)
FCF Margin %-1113.1%

CNY; CNYM / CNYB as marked (reporting currency). Newest period first. Source: public company filings (via Yahoo Finance aggregation).

MAAS Balance Sheet History

Balance sheet2025-12-312025-06-302024-06-302023-06-302022-06-302021-06-302020-06-302019-06-302018-06-302017-06-30
Total AssetsCNY 3.5BCNY 4.3BCNY 265MCNY 464MCNY 468MCNY 433MCNY 479MCNY 226MCNY 192M
Cash & Cash EquivalentsCNY 2MCNY 296MCNY 164MCNY 194MCNY 261MCNY 286MCNY 378MCNY 103MCNY 55M
Total LiabilitiesCNY 61MCNY 1.2BCNY 1.6BCNY 48MCNY 204MCNY 148MCNY 62MCNY 76MCNY 32MCNY 33M
Total Debt (Short + Long-Term)CNY 14MCNY 0MCNY 153MCNY 5MCNY 12MCNY 14MCNY 7MCNY 0MCNY 0MCNY 0M
Total Shareholders' EquityCNY 3.3BCNY 1.3BCNY 217MCNY 260MCNY 320MCNY 368MCNY 400MCNY 185MCNY 149M

CNY; CNYM / CNYB as marked (reporting currency). Newest period first. Source: public company filings (via Yahoo Finance aggregation).

Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive MAAS viewer.

MAAS Metric Deep Dives

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