Sequans Communications SA
Sequans Communications S.A., together with its subsidiaries, engages in the fabless designing, developing, and supplying of cellular semiconductor solutions for massive and broadband internet of things markets. It offers baseband solutions for use in encoding and decoding data based on 4G and 5G protocols for wireless processing platform for a cellular device; RF transceivers used to transmit and… Read more
Sequans Communications SA (SQNS) - Net Assets
Latest net assets as of December 2025: $138.52 Million USD
Based on the latest financial reports, Sequans Communications SA (SQNS) has net assets worth $138.52 Million USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($248.95 Million) and total liabilities ($110.43 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 | $138.52 Million |
| % of Total Assets | 55.64% |
| Annual Growth Rate | 14.06% |
| 5-Year Change | N/A |
| 10-Year Change | 1463.4% |
| Growth Volatility | 673.6 |
Sequans Communications SA - Net Assets Trend (2008–2025)
This chart illustrates how Sequans Communications SA's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Sequans Communications SA (2008–2025)
The table below shows the annual net assets of Sequans Communications SA from 2008 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $138.52 Million | +150.22% |
| 2024-12-31 | $55.36 Million | +1011.86% |
| 2023-12-31 | $-6.07 Million | -388.55% |
| 2022-12-31 | $2.10 Million | +108.66% |
| 2021-12-31 | $-24.31 Million | +33.96% |
| 2020-12-31 | $-36.81 Million | -25.93% |
| 2019-12-31 | $-29.23 Million | -482.33% |
| 2018-12-31 | $-5.02 Million | -221.00% |
| 2017-12-31 | $4.15 Million | -53.18% |
| 2016-12-31 | $8.86 Million | +906.92% |
| 2015-12-31 | $-1.10 Million | -104.37% |
| 2014-12-31 | $25.11 Million | -57.38% |
| 2013-12-31 | $58.93 Million | +6.23% |
| 2012-12-31 | $55.47 Million | -34.15% |
| 2011-12-31 | $84.24 Million | +307.00% |
| 2010-12-31 | $20.70 Million | +2217.92% |
| 2009-12-31 | $893.00K | -93.97% |
| 2008-12-31 | $14.81 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sequans Communications SA'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 10353899900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $18.72 Million | 14.66% |
| Other Comprehensive Income | $77.52 Million | 60.69% |
| Other Components | $169.72 Million | 132.89% |
| Total Equity | $127.72 Million | 100.00% |
Sequans Communications SA Competitors by Market Cap
The table below lists competitors of Sequans Communications SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Humanica Public Company Limited
BK:HUMAN
|
$51.19 Million |
|
SuNam Co. Ltd
KQ:294630
|
$51.20 Million |
|
9F Inc
NASDAQ:JFU
|
$51.21 Million |
|
Southern Palladium Ltd
AU:SPD
|
$51.21 Million |
|
Tat Gida Sanayi AS
IS:TATGD
|
$51.16 Million |
|
Tecogen Inc.
NYSE:TGEN
|
$51.15 Million |
|
Seohee Construction Co. Ltd
KQ:035890
|
$51.14 Million |
|
Binh Thanh Import Export Production and Trade JSC
VN:GIL
|
$51.14 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sequans Communications SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 55,359,000 to 127,717,000, a change of 72,358,000 (130.7%).
- Net loss of 102,758,976 reduced equity.
- Share repurchases of 9,391,971 reduced equity.
- Other comprehensive income increased equity by 3,012,000.
- Other factors increased equity by 181,496,947.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-102.76 Million | -80.46% |
| Share Repurchases | $9.39 Million | -7.35% |
| Other Comprehensive Income | $3.01 Million | +2.36% |
| Other Changes | $181.50 Million | +142.11% |
| Total Change | $- | 130.71% |
Book Value vs Market Value Analysis
This analysis compares Sequans Communications SA'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
- Current price-to-book ratio: 1.69x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.62x to 1.69x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | $5.32 | $3.29 | x |
| 2009-12-31 | $0.32 | $3.29 | x |
| 2010-12-31 | $7.43 | $3.29 | x |
| 2011-12-31 | $25.83 | $3.29 | x |
| 2012-12-31 | $16.00 | $3.29 | x |
| 2013-12-31 | $12.96 | $3.29 | x |
| 2014-12-31 | $4.25 | $3.29 | x |
| 2015-12-31 | $-0.21 | $3.29 | x |
| 2016-12-31 | $1.39 | $3.29 | x |
| 2017-12-31 | $0.53 | $3.29 | x |
| 2018-12-31 | $-0.54 | $3.29 | x |
| 2019-12-31 | $-3.08 | $3.29 | x |
| 2020-12-31 | $-3.27 | $3.29 | x |
| 2021-12-31 | $-1.66 | $3.29 | x |
| 2022-12-31 | $0.11 | $3.29 | x |
| 2023-12-31 | $-0.27 | $3.29 | x |
| 2024-12-31 | $1.95 | $3.29 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sequans Communications SA 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): -80.46%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -376.75%
- • Asset Turnover: 0.11x
- • Equity Multiplier: 1.95x
- Recent ROE (-80.46%) is above the historical average (-196.09%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | -55.88% | -36.39% | 0.66x | 2.34x | $-9.76 Million |
| 2009 | -1889.36% | -86.28% | 0.68x | 32.27x | $-16.96 Million |
| 2010 | -13.01% | -3.93% | 1.38x | 2.40x | $-4.76 Million |
| 2011 | -0.51% | -0.46% | 0.93x | 1.20x | $-8.86 Million |
| 2012 | -59.53% | -148.40% | 0.33x | 1.23x | $-38.57 Million |
| 2013 | -60.39% | -259.52% | 0.19x | 1.25x | $-41.48 Million |
| 2014 | -135.87% | -150.98% | 0.46x | 1.97x | $-36.64 Million |
| 2015 | 0.00% | -83.78% | 0.67x | 0.00x | $-27.28 Million |
| 2016 | -279.76% | -54.38% | 0.70x | 7.35x | $-25.67 Million |
| 2017 | -630.67% | -54.20% | 0.85x | 13.76x | $-26.57 Million |
| 2018 | 0.00% | -90.00% | 0.64x | 0.00x | $-35.72 Million |
| 2019 | 0.00% | -119.04% | 0.49x | 0.00x | $-33.82 Million |
| 2020 | 0.00% | -107.07% | 0.58x | 0.00x | $-50.84 Million |
| 2021 | 0.00% | -39.83% | 0.57x | 0.00x | $-17.83 Million |
| 2022 | -428.14% | -14.88% | 0.61x | 46.94x | $-9.22 Million |
| 2023 | 0.00% | -121.94% | 0.31x | 0.00x | $-40.38 Million |
| 2024 | 103.99% | 156.30% | 0.35x | 1.92x | $52.03 Million |
| 2025 | -80.46% | -376.75% | 0.11x | 1.95x | $-115.53 Million |
Industry Comparison
This section compares Sequans Communications SA's net assets metrics with peer companies in the Semiconductors industry.
Industry Context
- Industry: Semiconductors
- Average net assets among peers: $1,032,397,694
- Average return on equity (ROE) among peers: -33.76%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sequans Communications SA (SQNS) | $138.52 Million | -55.88% | 0.80x | $51.19 Million |
| Analog Devices Inc (ADI) | $3.80 Billion | 22.85% | 0.39x | $150.01 Billion |
| Arteris Inc (AIP) | $-14.63 Million | 0.00% | 0.00x | $535.54 Million |
| Astera Labs, Inc. (ALAB) | $-85.29 Million | 0.00% | 0.00x | $17.81 Billion |
| Allegro Microsystems Inc (ALGM) | $634.13 Million | 5.83% | 0.29x | $3.98 Billion |
| Aeluma, Inc (ALMU) | $5.10 Million | -67.68% | 0.16x | $159.25 Million |
| Ambiq Micro, Inc. (AMBQ) | $89.01 Million | -28.47% | 0.18x | $419.98 Million |
| Advanced Micro Devices Inc (AMD) | $187.00 Million | -215.51% | 19.14x | $318.29 Billion |
| AMSSD (AMSSD) | $1.91 Billion | -84.67% | 2.89x | $27.31K |
| Alpha and Omega Semiconductor Ltd (AOSL) | $260.25 Million | 14.53% | 0.34x | $512.72 Million |
| Arm Holdings plc American Depositary Shares (ARM) | $3.55 Billion | 15.47% | 0.83x | $17.42 Billion |