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| 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 |