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% year-over-year from 0.2 in Q1 2024, and down 31.65% quarter-over-quarter from 0.41 in Q3 2024.
NaaS Technology (NAAS) Asset Utilization Ratio (2017 - 2024) Analysis & Trends
NaaS Technology (NAAS) has reported Asset Utilization Ratio for 7 consecutive years, with 0.28 the latest figure, recorded in 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 declined to 0.28 in Q4 2024 per NAAS's latest filing, from 0.41 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 0.86 in Q1 2021 and bottomed at 0.1 in Q1 2023.
- Historically, Asset Utilization Ratio has averaged 0.4 across 4 years, with a median of 0.39 in 2020.
- Annual changes were most pronounced in 2020 — Asset Utilization Ratio decreased 25.99% — and 2024, when it soared 188.4%.
- NaaS Technology's Asset Utilization Ratio stood at 0.72 in 2020, then decreased by 1.13% to 0.72 in 2021, then sank by 72.52% to 0.2 in 2023, then soared by 42.94% to 0.28 in 2024.
- Business Quant data shows NAAS's Asset Utilization Ratio at 0.28 in Q4 2024, 0.41 in Q3 2024, and 0.33 in Q2 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Caseys General Stores | 30.86 Bn | 30.34 Bn | 1.08 Bn | 2.00 |
| 2 | Williams Sonoma | 28.83 Bn | 27.81 Bn | 1.10 Bn | 1.46 |
| 3 | Ulta Beauty | 22.86 Bn | 22.64 Bn | 1.27 Bn | 1.83 |
| 4 | Tractor Supply | 18.25 Bn | 18.02 Bn | 1.68 Bn | 2.30 |
| 5 | Best Buy | 18.12 Bn | 16.37 Bn | 2.10 Bn | 2.83 |
| 6 | Dick'S Sporting Goods | 16.18 Bn | 15.18 Bn | 1.68 Bn | 1.09 |
| 7 | Five Below | 13.82 Bn | 12.71 Bn | 478.64 Mn | 1.02 |
| 8 | Murphy USA | 10.46 Bn | 10.28 Bn | 746.50 Mn | 4.32 |
| 9 | Bath & Body Works | 4.03 Bn | 3.08 Bn | 1.24 Bn | 1.45 |
| 10 | NaaS Technology | 10.19 Mn | -1.15 Mn | - | - |
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 |