Sincerity Applied Materials Holdings Corp. (SINC) Asset Utilization Ratio (2014 - 2022)

Sincerity Applied Materials Holdings has reported Asset Utilization Ratio for 9 years, with the latest figure at 0.03 in Q2 2022.

• For the quarter ending Q2 2022, Asset Utilization Ratio fell 90.78% year-over-year to 0.03; the trailing twelve-month figure through Jun 2022 stood at 0.03 (down 90.78% YoY), and the FY2021 full-year result was 0.08, down 87.53% from the prior year.
• Asset Utilization Ratio for Q2 2022 stood at 0.03, down from 0.06 in the prior quarter.
• The five-year high for Asset Utilization Ratio was 6.8 in Q1 2018, with the low at 0.03 in Q2 2022.
• Historically, Asset Utilization Ratio has averaged 1.37 across 5 years, with a median of 0.84 in 2020.
• Annual changes were most pronounced in 2018 — Asset Utilization Ratio declined 1.6% — and 2022, when it sank 90.78%.
• Sincerity Applied Materials Holdings' Asset Utilization Ratio stood at 1.91 in 2018, then retreated by 27.3% to 1.39 in 2019, then slumped by 56.15% to 0.61 in 2020, then slumped by 85.47% to 0.09 in 2021, then tumbled by 68.33% to 0.03 in 2022.
• The last three Asset Utilization Ratio figures came in at 0.03 (Q2 2022), 0.06 (Q1 2022), and 0.09 (Q4 2021), per Business Quant data.