Maase (MAAS) Financial Statements & Analysis

Maase (MAAS) Income Statement

Maase reported revenue of CNY 3.48M in fiscal 2025 (fiscal year ended Jun 30, 2025), down 99.6% from CNY 963.21M a year earlier. Maase posted a net loss of CNY 195.96M, compared with a net loss of CNY 289.67M a year earlier. Gross margin was -208.0% and operating margin -19849.0%. In the most recent quarter, Q2 fiscal 2026 (ended Dec 31, 2025), revenue was CNY 1.57M.

Maase Income Statement Analysis

Values in billions CNY

Income Statement Balance Sheet Cash Flow Ratios

Scale:

Scroll to see more

Maase Inc. income statement - Annual data in billions CNY
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2017
Period ending	Jun 2025	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020	Jun 2019	Jun 2017
Revenue & Gross Profit
Revenue	0.00	0.96	0.11	0.11	0.19	0.13	0.13	0.16
Cost of Revenue	0.00	0.57	0.02	0.02	0.04	0.03	0.03	0.05
Gross Profit	-0.01	0.39	0.09	0.09	0.15	0.10	0.10	0.10
Operating Expenses
Research & Development	0.00	0.00	-	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	0.00	0.43	0.15	0.15	0.22	0.15	0.15	0.06
Operating Expenses	1.08	0.43	0.15	0.15	0.22	0.15	0.15	0.06
Operating Income	-0.69	-0.04	-0.06	-0.06	-0.07	-0.05	-0.05	0.05
Other Income/Expense
Interest Income	0.06	0.02	0.02	0.01	0.01	0.01	0.01	0.00
Interest Expense	-	0.00	-	0.00	0.00	0.00	0.00	0.00
Other Income/Expense	0.34	-0.48	0.02	0.02	0.00	0.01	0.02	0.00
Income
Income Before Tax	0.00	-0.50	-0.03	-0.03	-0.06	-0.04	-0.04	0.05
Income Tax Expense	-0.02	0.01	0.01	0.01	-0.01	0.00	0.00	0.01
Net Income	-0.20	-0.29	-0.04	-0.04	-0.05	-0.03	-0.03	0.04
Net Income - Continuous Operations	-	-0.52	-0.04	-0.04	-0.05	-0.05	-0.03	0.04
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-
EBITDA	0.00	0.02	-0.05	-0.05	-0.05	-0.05	-0.04	0.05
EBIT	0.00	-0.04	-0.06	-0.07	-0.07	-0.05	-	-
Depreciation & Amortization	-	0.06	0.00	0.00	0.01	0.00	0.01	0.00
Earnings Per Share
Basic EPS	-2343.00	-112.00	-3901.00	-1.00	-31.00	-33.00	-1.00	1.00
Diluted EPS	-2343.00	-114.00	-3901.00	-1.00	-31.00	-33.00	-1.00	1.00
Basic Shares Outstanding	0.00	0.00	0.00	0.06	0.00	0.00	0.06	0.06
Diluted Shares Outstanding	0.00	0.00	0.00	0.06	0.00	0.00	0.06	0.06

Source: Company financial statements from annual and quarterly filings. Data as of Dec 31, 2025. Data sources and methodology

Frequently Asked Questions About Maase Financial Statements

What was Maase's revenue in fiscal 2025?

Maase reported revenue of CNY 3.48M in fiscal 2025 (fiscal year ended Jun 30, 2025). That was down 99.6% from CNY 963.21M a year earlier.

Is Maase profitable?

No. Maase reported a net loss of CNY 195.96M in fiscal 2025. In fiscal 2024 it lost CNY 289.67M.

What is Maase's operating margin?

Maase's operating income was −CNY 691.34M on revenue of CNY 3.48M in fiscal 2025, an operating margin of -19849.0%, compared with -3.8% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition