Borqs Technologies Inc.
Borqs Technologies, Inc. provides Android-based smart connected devices and cloud service solutions in the United States, China, and internationally. It offers commercial grade Android platform software and service solutions to address vertical market segment needs through the targeted BorqsWare software platform solutions. The company's BorqsWare software platform consists of BorqsWare Client so… Read more
Borqs Technologies Inc. (BRQSF) - Net Assets
Latest net assets as of March 2025: $-3.60 Million USD
Based on the latest financial reports, Borqs Technologies Inc. (BRQSF) has net assets worth $-3.60 Million USD as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($25.41 Million) and total liabilities ($29.01 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-3.60 Million |
| % of Total Assets | -14.16% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Borqs Technologies Inc. - Net Assets Trend (2019–2024)
This chart illustrates how Borqs Technologies Inc.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Borqs Technologies Inc. (2019–2024)
The table below shows the annual net assets of Borqs Technologies Inc. from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-3.60 Million | +75.07% |
| 2023-12-31 | $-14.43 Million | -29.41% |
| 2022-12-31 | $-11.15 Million | +35.49% |
| 2021-12-31 | $-17.29 Million | +72.23% |
| 2020-12-31 | $-62.24 Million | -284.00% |
| 2019-12-31 | $33.83 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Borqs Technologies Inc.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 13326600000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Comprehensive Income | $-2.49 Million | % |
| Other Components | $313.93 Million | % |
| Total Equity | $-3.40 Million | 100.00% |
Borqs Technologies Inc. Competitors by Market Cap
The table below lists competitors of Borqs Technologies Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Courtois S.A
PA:COUR
|
$1.77 Million |
|
Afyren SAS
PA:ALAFY
|
$1.77 Million |
|
INTACT FINANCIAL
BE:I5U
|
$1.77 Million |
|
Max Resource Corp
PINK:MXROF
|
$1.77 Million |
|
North Arrow Minerals Inc
PINK:NHAWF
|
$1.77 Million |
|
ELECTRONIC ARTS (ERT.SG)
STU:ERT
|
$1.77 Million |
|
Coincheck Group N.V. Warrants
NASDAQ:CNCKW
|
$1.77 Million |
|
VERISK ANALYTICS (VA7A.SG)
STU:VA7A
|
$1.77 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Borqs Technologies Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -13,620,000 to -3,405,000, a change of 10,215,000.
- Net income of 16,697,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 26,832,000.
- Other factors decreased equity by 33,314,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $16.70 Million | +490.37% |
| Other Comprehensive Income | $26.83 Million | +788.02% |
| Other Changes | $-33.31 Million | -978.38% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Borqs Technologies Inc.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | $-236.86 | $0.11 | x |
| 2020-12-31 | $-267.97 | $0.11 | x |
| 2021-12-31 | $-37.85 | $0.11 | x |
| 2022-12-31 | $-5.64 | $0.11 | x |
| 2023-12-31 | $-1.04 | $0.11 | x |
| 2024-12-31 | $-0.11 | $0.11 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Borqs Technologies Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 60.25%
- • Asset Turnover: 1.09x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (0.00%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 0.00% | -34.77% | 1.74x | 0.00x | $-29.98 Million |
| 2020 | 0.00% | -132.71% | 0.91x | 0.00x | $-29.29 Million |
| 2021 | 0.00% | -188.98% | 0.56x | 0.00x | $-53.54 Million |
| 2022 | 0.00% | -64.78% | 1.74x | 0.00x | $-32.95 Million |
| 2023 | 0.00% | -82.59% | 1.50x | 0.00x | $-25.11 Million |
| 2024 | 0.00% | 60.25% | 1.09x | 0.00x | $17.04 Million |
Industry Comparison
This section compares Borqs Technologies Inc.'s net assets metrics with peer companies in the Software - Infrastructure industry.
Industry Context
- Industry: Software - Infrastructure
- Average net assets among peers: $237,144,588
- Average return on equity (ROE) among peers: -85.78%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Borqs Technologies Inc. (BRQSF) | $-3.60 Million | 0.00% | N/A | $1.77 Million |
| Automatic Bank Services Limited (ABANF) | $231.37 Million | 16.52% | 0.19x | $269.02 Million |
| ACI Worldwide Inc (ACIW) | $76.50 Million | 16.47% | 0.61x | $4.01 Billion |
| Adyen N.V (ADYYF) | $389.78 Million | 18.29% | 1.92x | $34.24 Billion |
| Aeva Technologies, Inc. Common Stock (AEVA) | $99.35 Million | -153.25% | 0.48x | $418.95 Million |
| Aeva Technologies, Inc. Warrants (AEVAW) | $456.38 Million | -22.32% | 0.05x | $3.74 Million |
| Affluence Corporation (AFFU) | $-639.00K | 0.00% | 0.00x | $3.98K |
| Axe Compute Inc. (AGPU) | $923.68K | -706.52% | 2.04x | $2.86 Million |
| C3 Ai Inc (AI) | $838.30 Million | -34.44% | 0.22x | $1.15 Billion |
| iLearningEngines, Inc. (AILE) | $264.32 Million | 1.83% | 0.09x | $17.39 Million |
| PowerFleet, Inc. (AIOT) | $15.17 Million | 5.61% | 0.31x | $383.57 Million |