Sequans Communications SA (SQNS) - Net Assets
Based on the latest financial reports, Sequans Communications SA (SQNS) has net assets worth $72.78 Million USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($158.09 Million) and total liabilities ($85.31 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. Check Sequans Communications SA (SQNS) tangible net worth to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $72.78 Million |
| % of Total Assets | 46.04% |
| Annual Growth Rate | 13.51% |
| 5-Year Change | N/A |
| 10-Year Change | 1341.5% |
| Growth Volatility | 673.64 |
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. See Sequans Communications SA (SQNS) liquidity interval to measure how many days the company can operate on defensive assets alone.
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. For live valuation and market cap data, see SQNS market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $127.72 Million | +130.71% |
| 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 |
|---|---|
|
Raphas Co. Ltd
KQ:214260
|
$46.44 Million |
|
Arrow Syndicate Public Company Limited
BK:ARROW
|
$46.44 Million |
|
T Scientific Co.Ltd
KQ:057680
|
$46.45 Million |
|
Tinka Resources Limited
V:TK
|
$46.45 Million |
|
Equity Metals Corp
V:EQTY
|
$46.42 Million |
|
Kafein Yazilim
IS:KFEIN
|
$46.40 Million |
|
SK Innovation Co Ltd Pref
KO:096775
|
$46.40 Million |
|
Pioneer Power Solutions Inc.
NASDAQ:PPSI
|
$46.38 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.
- New share issuances of 152,140,000 increased equity.
- Other comprehensive income increased equity by 3,012,000.
- Other factors increased equity by 29,356,947.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-102.76 Million | -80.46% |
| Share Repurchases | $9.39 Million | -7.35% |
| Share Issuances | $152.14 Million | +119.12% |
| Other Comprehensive Income | $3.01 Million | +2.36% |
| Other Changes | $29.36 Million | +22.99% |
| 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: 0.34x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 0.58x to 0.34x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | $5.32 | $3.10 | x |
| 2009-12-31 | $0.32 | $3.10 | x |
| 2010-12-31 | $7.43 | $3.10 | x |
| 2011-12-31 | $25.83 | $3.10 | x |
| 2012-12-31 | $16.00 | $3.10 | x |
| 2013-12-31 | $12.96 | $3.10 | x |
| 2014-12-31 | $4.25 | $3.10 | x |
| 2015-12-31 | $-0.21 | $3.10 | x |
| 2016-12-31 | $1.39 | $3.10 | x |
| 2017-12-31 | $0.53 | $3.10 | x |
| 2018-12-31 | $-0.54 | $3.10 | x |
| 2019-12-31 | $-3.08 | $3.10 | x |
| 2020-12-31 | $-3.27 | $3.10 | x |
| 2021-12-31 | $-1.66 | $3.10 | x |
| 2022-12-31 | $0.11 | $3.10 | x |
| 2023-12-31 | $-0.27 | $3.10 | x |
| 2024-12-31 | $1.95 | $3.10 | x |
| 2025-12-31 | $9.17 | $3.10 | 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: $23,419,495,056
- Average return on equity (ROE) among peers: 0.29%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sequans Communications SA (SQNS) | $72.78 Million | -55.88% | 1.17x | $46.43 Million |
| Analog Devices Inc (ADI) | $35.18 Billion | 4.65% | 0.37x | $203.35 Billion |
| Arteris Inc (AIP) | $-6.30 Million | 0.00% | 0.00x | $1.57 Billion |
| Astera Labs, Inc. (ALAB) | $-85.29 Million | 0.00% | 0.00x | $58.57 Billion |
| Allegro Microsystems Inc (ALGM) | $956.45 Million | -1.56% | 0.48x | $8.93 Billion |
| Aeluma, Inc (ALMU) | $8.19 Million | -0.16% | 0.11x | $436.61 Million |
| Ambiq Micro, Inc. (AMBQ) | $92.30 Million | -27.32% | 0.08x | $524.36 Million |
| Advanced Micro Devices Inc (AMD) | $63.00 Billion | 6.88% | 0.22x | $742.23 Billion |
| Alpha and Omega Semiconductor Ltd (AOSL) | $443.29 Million | -3.30% | 0.67x | $1.13 Billion |
| Arm Holdings plc American Depositary Shares (ARM) | $6.84 Billion | 11.58% | 0.31x | $221.23 Billion |
| ASE Industrial Holding Co Ltd ADR (ASX) | $127.77 Billion | 12.09% | 1.24x | $51.18 Billion |
About Sequans Communications SA
Sequans Communications S.A., together with its subsidiaries, engages in the fabless design, development, and supply of cellular semiconductor solutions for mass 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 platforms for a cellular device; RF transceivers used to transmit and receiv… Read more