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
DateValue
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