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-on-year from 0.2 in Q1 2024, and down 31.65% on a QoQ basis 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.

  • Quarterly Asset Utilization Ratio rose 42.94% year-over-year to 0.28 in Q4 2024, while the trailing twelve-month figure through Dec 2024 was 0.28 (up 42.94% YoY) and the FY2025 annual result came in at 0.27, up 43.49% from the prior year.
  • Asset Utilization Ratio slipped to 0.28 in Q4 2024 per NAAS's latest filing, 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.
  • A 4-year average of 0.4 and a median of 0.39 in 2020 frame the typical range for Asset Utilization Ratio.
  • Annual changes were most pronounced in 2020 — Asset Utilization Ratio dropped 25.99% — and 2024, when it surged 188.4%.
  • Year by year, Asset Utilization Ratio stood at 0.72 in 2020, then declined by 1.13% to 0.72 in 2021, then slumped by 72.52% to 0.2 in 2023, then soared 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 Caseys General Stores 32.31 Bn 31.79 Bn 1.08 Bn 2.00
2 NaaS Technology 31.73 Bn 31.73 Bn - -
3 Williams Sonoma 28.06 Bn 27.04 Bn 1.10 Bn 1.46
4 Ulta Beauty 22.96 Bn 22.46 Bn 1.48 Bn 1.77
5 Best Buy 18.17 Bn 16.42 Bn 2.10 Bn 2.83
6 Dick'S Sporting Goods 16.45 Bn 15.10 Bn 1.77 Bn 0.99
7 Tractor Supply 15.91 Bn 15.69 Bn 1.30 Bn 2.41
8 MINISO Group Holding 15.82 Bn 14.75 Bn 414.86 Mn 0.75
9 Five Below 11.79 Bn 10.86 Bn 696.98 Mn 0.98
10 Murphy USA 11.26 Bn 11.14 Bn -3.64 Bn -0.33

Historic Data

Download Data
DateValue
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