NaaS Technology (NAAS) Asset Utilization Ratio (2017 - 2024)
NaaS Technology (NAAS) posted quarterly Asset Utilization Ratio of 0.28 for Q4 2024, up 42.94% YoY from 0.2 in Q1 2024, and down 31.65% sequentially from 0.41 in Q3 2024.
NaaS Technology (NAAS) Asset Utilization Ratio (2017 - 2024) Analysis & Trends
NaaS Technology has disclosed Asset Utilization Ratio across 7 years of filings, most recently posting 0.28 for Q4 2024.
- In Q4 2024, Asset Utilization Ratio rose 42.94% year-over-year to 0.28; the TTM figure through Dec 2024 stood at 0.28 (up 42.94% YoY), while the FY2025 annual figure was 0.27, up 43.49% from the prior year.
- Asset Utilization Ratio eased to 0.28 in Q4 2024, from 0.41 in the prior quarter.
- Over the last five years, Asset Utilization Ratio for NAAS reached as high as 0.86 in Q1 2021 and fell as low as 0.1 in Q1 2023.
- The 4-year median for Asset Utilization Ratio is 0.39 (2020), against an average of 0.4.
- Annual changes were most pronounced in 2020 — Asset Utilization Ratio decreased 25.99% — and 2024, when it soared 188.4%.
- A 4-year view of Asset Utilization Ratio shows it stood at 0.72 in 2020, then retreated by 1.13% to 0.72 in 2021, then slumped by 72.52% to 0.2 in 2023, then surged by 42.94% to 0.28 in 2024.
- According to Business Quant data, Asset Utilization Ratio over the past three periods registered 0.28, 0.41, and 0.33 for Q4 2024, Q3 2024, and Q2 2024 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | NaaS Technology | 29.20 Bn | 29.20 Bn | - | - |
| 2 | Caseys General Stores | 28.94 Bn | 28.48 Bn | 1.08 Bn | 2.00 |
| 3 | Williams Sonoma | 27.71 Bn | 26.69 Bn | 1.10 Bn | 1.46 |
| 4 | Dick'S Sporting Goods | 19.10 Bn | 17.75 Bn | 1.77 Bn | 0.99 |
| 5 | Tractor Supply | 16.98 Bn | 16.76 Bn | 1.30 Bn | 2.41 |
| 6 | Best Buy | 16.25 Bn | 14.50 Bn | 2.10 Bn | 2.83 |
| 7 | Murphy USA | 10.35 Bn | 10.23 Bn | 3.98 Bn | 4.10 |
| 8 | Five Below | 10.07 Bn | 9.13 Bn | 696.98 Mn | 0.98 |
| 9 | Winmark | 8.93 Bn | 8.93 Bn | 20.23 Mn | 2.81 |
| 10 | Academy Sports & Outdoors | 3.04 Bn | 2.71 Bn | 479.35 Mn | 1.14 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 0.28 |
| Sep 30, 2024 | 0.41 |
| Jun 30, 2024 | 0.33 |
| Mar 31, 2024 | 0.27 |
| Dec 31, 2023 | 0.20 |
| Sep 30, 2023 | 0.18 |
| Jun 30, 2023 | 0.11 |
| Mar 31, 2023 | 0.10 |
| Dec 31, 2021 | 0.72 |
| Jun 30, 2021 | 0.50 |
| Mar 31, 2021 | 0.86 |
| Dec 31, 2020 | 0.72 |
| Sep 30, 2020 | 0.39 |
| Jun 30, 2020 | 0.42 |
| Mar 31, 2020 | 0.48 |
| Dec 31, 2019 | 0.55 |
| Sep 30, 2019 | 0.53 |
| Jun 30, 2019 | 0.50 |
| Mar 31, 2019 | 0.53 |
| Dec 31, 2018 | 0.58 |