HeartCore Enterprises (HTCR) Asset Utilization Ratio (2022 - 2026)
HeartCore Enterprises (HTCR) reported Asset Utilization Ratio of 0.88 for Q1 2026, down 55.44% on a YoY basis from 1.97 in Q1 2025, and down 1.37% quarter-over-quarter from 0.89 in Q4 2025.
HeartCore Enterprises (HTCR) Asset Utilization Ratio (2022 - 2026) Analysis & Trends
HeartCore Enterprises has reported Asset Utilization Ratio for 5 years, with the latest figure at 0.88 in Q1 2026.
- For the quarter ending Q1 2026, Asset Utilization Ratio fell 55.44% year-over-year to 0.88; the trailing twelve-month figure through Mar 2026 stood at 0.88 (down 55.44% YoY), and the FY2025 full-year result was 0.66, down 50.87% from the prior year.
- Asset Utilization Ratio for Q1 2026 stood at 0.88, down from 0.89 in the prior quarter.
- The five-year high for Asset Utilization Ratio was 2.06 in Q2 2025, with the low at 0.56 in Q2 2022.
- Historically, Asset Utilization Ratio has averaged 0.99 across 5 years, with a median of 0.87 in 2024.
- Annual changes were most pronounced in 2025 — Asset Utilization Ratio surged 179.41% — and 2026, when it plunged 55.44%.
- HeartCore Enterprises' Asset Utilization Ratio stood at 0.71 in 2022, then surged by 50.02% to 1.07 in 2023, then climbed by 27.08% to 1.36 in 2024, then sank by 34.46% to 0.89 in 2025, then decreased by 1.37% to 0.88 in 2026.
- The last three Asset Utilization Ratio figures came in at 0.88 (Q1 2026), 0.89 (Q4 2025), and 0.84 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | 0.51 |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | - |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 0.88 |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | 0.84 |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 0.39 |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 0.50 |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 0.55 |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 0.29 |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 0.85 |
| 10 | HeartCore Enterprises | 4.29 Mn | -1.49 Mn | 74,045.00 | 0.88 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.88 |
| Dec 31, 2025 | 0.89 |
| Sep 30, 2025 | 0.84 |
| Jun 30, 2025 | 2.06 |
| Mar 31, 2025 | 1.97 |
| Dec 31, 2024 | 1.36 |
| Sep 30, 2024 | 1.16 |
| Jun 30, 2024 | 0.74 |
| Mar 31, 2024 | 0.87 |
| Dec 31, 2023 | 1.07 |
| Sep 30, 2023 | 0.91 |
| Jun 30, 2023 | 0.73 |
| Mar 31, 2023 | 0.83 |
| Dec 31, 2022 | 0.71 |
| Sep 30, 2022 | 0.60 |
| Jun 30, 2022 | 0.56 |
| Mar 31, 2022 | 0.74 |