InsiderClue
Stocks · Financials · Investment Advice

Maase Inc.

MAAS Clue Score41
Cayman Islands Fiscal year ends June CIK 0001750264
$11.54 -0.17% Close, 12 Oct 2026
Alert on the numbers Alert on insider trades
Price $11.54 +91.59% Close, 12 Oct 2026

Closing prices at the end of each trading day, from 29 Mar 2019. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2018Revenue165.8Operating income62.9Net income64.6EPS, diluted0.81Fiscal year 2019Revenue203.2 +22.6%Operating income56.1Net income53.5 −17.1%EPS, diluted0.63Fiscal year 2020Revenue129.5 −36.3%Operating income−53.5Net income−32.9 −161.5%EPS, diluted−0.36Fiscal year 2021Revenue0.0 −100.0%Operating income−73.2Net income−46.4EPS, diluted−0.51Fiscal year 2022Revenue1.9 +21,188.9%Operating income−74.1Net income−60.7EPS, diluted−0.67Fiscal year 2023Revenue7.8 +306.8%Operating income−58.8Net income−43.6EPS, diluted−43.35Fiscal year 2024Revenue963.2 +12,256.8%Operating income−463.5Net income−289.7EPS, diluted−113.55Fiscal year 2025Revenue781.2 −18.9%Operating income−691.3Net income−196.0EPS, diluted−25.86
FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 165.8 203.2 129.5 0.0 1.9 7.8 963.2 781.2
Growth +22.6% −36.3% −100.0% +21,188.9% +306.8% +12,256.8% −18.9%
Operating income 62.9 56.1 −53.5 −73.2 −74.1 −58.8 −463.5 −691.3
Net income 64.6 53.5 −32.9 −46.4 −60.7 −43.6 −289.7 −196.0
Growth −17.1% −161.5%
EPS, diluted 0.81 0.63 −0.36 −0.51 −0.67 −43.35 −113.55 −25.86

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Operating marginNet margin
Fiscal year 2018Operating margin37.9%Net margin39.0%Free cash flow margin26.8%Fiscal year 2019Operating margin27.6%Net margin26.3%Free cash flow margin46.1%Fiscal year 2020Operating margin−41.3%Net margin−25.4%Free cash flow margin−70.7%Fiscal year 2021Operating margin−813,133.3%Net margin−515,222.2%Free cash flow margin−125,077.8%Fiscal year 2022Operating margin−3,867.6%Net margin−3,166.3%Free cash flow margin−3,178.3%Fiscal year 2023Operating margin−754.4%Net margin−559.0%Free cash flow margin−336.7%Fiscal year 2024Operating margin−48.1%Net margin−30.1%Free cash flow margin5.5%Fiscal year 2025Operating margin−88.5%Net margin−25.1%Free cash flow margin8.4%
FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating margin 37.9% 27.6% −41.3% −813,133.3% −3,867.6% −754.4% −48.1% −88.5%
Net margin 39.0% 26.3% −25.4% −515,222.2% −3,166.3% −559.0% −30.1% −25.1%
Free cash flow margin 26.8% 46.1% −70.7% −125,077.8% −3,178.3% −336.7% 5.5% 8.4%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2018Operating cash flow44.9Capital expenditure−0.5Free cash flow44.4Fiscal year 2019Operating cash flow98.0Capital expenditure−4.3Free cash flow93.8 +111.0%Fiscal year 2020Operating cash flow−88.7Capital expenditure−2.7Free cash flow−91.5 −197.6%Fiscal year 2021Operating cash flow−2.8Capital expenditure−8.4Free cash flow−11.3Fiscal year 2022Operating cash flow−56.2Capital expenditure−4.7Free cash flow−60.9Fiscal year 2023Operating cash flow−25.4Capital expenditure−0.9Free cash flow−26.2Fiscal year 2024Operating cash flow57.7Capital expenditure−4.3Free cash flow53.4Buybacks−10.0Fiscal year 2025Operating cash flow71.5Capital expenditure−5.5Free cash flow65.9 +23.4%
FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 44.9 98.0 −88.7 −2.8 −56.2 −25.4 57.7 71.5
Capital expenditure −0.5 −4.3 −2.7 −8.4 −4.7 −0.9 −4.3 −5.5
Free cash flow 44.4 93.8 −91.5 −11.3 −60.9 −26.2 53.4 65.9
Growth +111.0% −197.6% +23.4%
Buybacks n/a n/a n/a n/a n/a n/a −10.0 n/a

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
Cash
Fiscal year 2018Cash103.2Shareholders’ equity193.7Fiscal year 2019Cash378.4Shareholders’ equity400.4Fiscal year 2020Cash285.9Shareholders’ equity368.0Fiscal year 2021Cash260.6Shareholders’ equity320.3Fiscal year 2022Cash194.3Shareholders’ equity260.1Fiscal year 2023Cash164.5Shareholders’ equity217.0Fiscal year 2024Cash220.3Shareholders’ equity1,285.1Fiscal year 2025Cash82.1Shareholders’ equity636.1
FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 103.2 378.4 285.9 260.6 194.3 164.5 220.3 82.1
Shareholders’ equity 193.7 400.4 368.0 320.3 260.1 217.0 1,285.1 636.1

In millions of CNY, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Ratios

Percentages worked out from the filed figures; debt to equity in times. Fiscal years ending June, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2018 30 Jun 2018 FY2019 30 Jun 2019 FY2020 30 Jun 2020 FY2021 30 Jun 2021 FY2022 30 Jun 2022 FY2023 30 Jun 2023 FY2024 30 Jun 2024 FY2025 30 Jun 2025
Margins
37.9% 27.6% −41.3% −813,133.3% −3,867.6% −754.4% −48.1% −88.5%
43.3% 30.2% −27.8% −618,600.0% −3,214.6% −559.0% −53.6% −43.1%
39.0% 26.3% −25.4% −515,222.2% −3,166.3% −559.0% −30.1% −25.1%
26.8% 46.1% −70.7% −125,077.8% −3,178.3% −336.7% 5.5% 8.4%
Spending
17.3% 23.9% 51.9% 1,002,155.6% 5,337.5% 1,185.4% 36.9% 71.3%
0.3% 2.1% 2.1% 93,688.9% 247.4% 11.3% 0.4% 0.7%
11.5% 15.3% n/a n/a n/a n/a n/a n/a
Returns
33.4% 13.4% −8.9% −14.5% −23.3% −20.1% −22.5% −30.8%
28.6% 11.2% −7.6% −9.9% −13.1% −16.5% −6.8% −5.8%
Balance and payout
14.3% 15.8% 14.4% 31.5% 43.9% 18.0% 38.3% 35.0%
n/a n/a n/a n/a n/a n/a 18.8% n/a

Shown in CNY as filed; the screener converts to dollars.