BQE Water Inc
BQE Water Inc., a water treatment company, provides wastewater management services and treatment solutions to the mining and metallurgical industry in Canada, the United States, Latin America, China, and internationally. It offers water treatment solutions for mine drainage, run-off, waste rock seepage, tailings water, groundwater, and lime plant influent and/or effluent streams for treating meta… Read more
BQE Water Inc (BTQNF) - Net Assets
Latest net assets as of September 2025: $27.14 Million USD
Based on the latest financial reports, BQE Water Inc (BTQNF) has net assets worth $27.14 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($33.95 Million) and total liabilities ($6.81 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 | $27.14 Million |
| % of Total Assets | 79.94% |
| Annual Growth Rate | 11.44% |
| 5-Year Change | 153.83% |
| 10-Year Change | 240.52% |
| Growth Volatility | 63.06 |
BQE Water Inc - Net Assets Trend (1999–2024)
This chart illustrates how BQE Water 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 BQE Water Inc (1999–2024)
The table below shows the annual net assets of BQE Water Inc from 1999 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $20.53 Million | +38.94% |
| 2023-12-31 | $14.78 Million | +16.91% |
| 2022-12-31 | $12.64 Million | +11.71% |
| 2021-12-31 | $11.31 Million | +39.88% |
| 2020-12-31 | $8.09 Million | +26.27% |
| 2019-12-31 | $6.41 Million | +0.37% |
| 2018-12-31 | $6.38 Million | +45.19% |
| 2017-12-31 | $4.40 Million | -7.58% |
| 2016-12-31 | $4.76 Million | -21.11% |
| 2015-12-31 | $6.03 Million | -12.51% |
| 2014-12-31 | $6.89 Million | -2.91% |
| 2013-12-31 | $7.10 Million | -44.32% |
| 2012-12-31 | $12.75 Million | -20.36% |
| 2011-12-31 | $16.01 Million | -24.37% |
| 2010-12-31 | $21.16 Million | -36.05% |
| 2009-12-31 | $33.09 Million | -10.21% |
| 2008-12-31 | $36.85 Million | -6.42% |
| 2007-12-31 | $39.38 Million | +21.77% |
| 2006-12-31 | $32.34 Million | +228.33% |
| 2005-12-31 | $9.85 Million | +42.49% |
| 2004-12-31 | $6.91 Million | +26.24% |
| 2003-12-31 | $5.48 Million | +176.10% |
| 2002-12-31 | $1.98 Million | +81.54% |
| 2001-12-31 | $1.09 Million | -55.53% |
| 2000-12-31 | $2.46 Million | +79.69% |
| 1999-12-31 | $1.37 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to BQE Water 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 4898345100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $56.81 Million | 276.72% |
| Other Comprehensive Income | $1.60 Million | 7.79% |
| Other Components | $11.18 Million | 54.47% |
| Total Equity | $20.53 Million | 100.00% |
BQE Water Inc Competitors by Market Cap
The table below lists competitors of BQE Water Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BenQ Medical Technology
TWO:4116
|
$25.45 Million |
|
Megawin Technology Co Ltd
TWO:3122
|
$25.45 Million |
|
Projektengagemang Sweden AB (publ)
ST:PENG-B
|
$25.45 Million |
|
Korea Steel Co Ltd
KO:007280
|
$25.46 Million |
|
Sao Vang Rubber JSC
VN:SRC
|
$25.45 Million |
|
Rallybio Corp
NASDAQ:RLYB
|
$25.44 Million |
|
Euro Sun Mining Inc
PINK:CPNFF
|
$25.44 Million |
|
Sesan 4A Hydroelectric JSC
VN:S4A
|
$25.44 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in BQE Water Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 14,775,817 to 20,528,892, a change of 5,753,075 (38.9%).
- Net income of 4,805,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 367,658.
- Other factors increased equity by 580,417.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $4.80 Million | +23.41% |
| Other Comprehensive Income | $367.66K | +1.79% |
| Other Changes | $580.42K | +2.83% |
| Total Change | $- | 38.94% |
Book Value vs Market Value Analysis
This analysis compares BQE Water 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
- Current price-to-book ratio: 2.19x
- 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 1.13x to 2.19x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1999-12-31 | $31.04 | $35.00 | x |
| 2000-12-31 | $55.78 | $35.00 | x |
| 2001-12-31 | $10.33 | $35.00 | x |
| 2002-12-31 | $9.70 | $35.00 | x |
| 2003-12-31 | $20.89 | $35.00 | x |
| 2004-12-31 | $18.14 | $35.00 | x |
| 2005-12-31 | $31.45 | $35.00 | x |
| 2006-12-31 | $75.25 | $35.00 | x |
| 2007-12-31 | $66.36 | $35.00 | x |
| 2008-12-31 | $56.49 | $35.00 | x |
| 2009-12-31 | $49.41 | $35.00 | x |
| 2010-12-31 | $28.94 | $35.00 | x |
| 2011-12-31 | $21.21 | $35.00 | x |
| 2012-12-31 | $16.89 | $35.00 | x |
| 2013-12-31 | $10.14 | $35.00 | x |
| 2014-12-31 | $7.46 | $35.00 | x |
| 2015-12-31 | $6.42 | $35.00 | x |
| 2016-12-31 | $5.06 | $35.00 | x |
| 2017-12-31 | $4.68 | $35.00 | x |
| 2018-12-31 | $6.70 | $35.00 | x |
| 2019-12-31 | $5.28 | $35.00 | x |
| 2020-12-31 | $6.56 | $35.00 | x |
| 2021-12-31 | $9.07 | $35.00 | x |
| 2022-12-31 | $10.00 | $35.00 | x |
| 2023-12-31 | $11.59 | $35.00 | x |
| 2024-12-31 | $16.01 | $35.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently BQE Water 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): 23.41%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 27.97%
- • Asset Turnover: 0.63x
- • Equity Multiplier: 1.32x
- Recent ROE (23.41%) is above the historical average (-17.46%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1999 | -3.17% | 0.00% | 0.00x | 1.11x | $-180.00K |
| 2000 | -4.99% | 0.00% | 0.00x | 1.10x | $-368.12K |
| 2001 | -62.79% | 0.00% | 0.00x | 1.36x | $-795.25K |
| 2002 | -54.50% | 0.00% | 0.00x | 1.28x | $-1.28 Million |
| 2003 | -21.44% | -1315.57% | 0.01x | 1.25x | $-1.72 Million |
| 2004 | -23.35% | -156.09% | 0.14x | 1.10x | $-2.31 Million |
| 2005 | -28.33% | -101.27% | 0.24x | 1.17x | $-3.78 Million |
| 2006 | -5.41% | -38.69% | 0.13x | 1.04x | $-4.98 Million |
| 2007 | -10.58% | -90.00% | 0.11x | 1.08x | $-8.11 Million |
| 2008 | -14.23% | -67.57% | 0.20x | 1.05x | $-8.93 Million |
| 2009 | -14.19% | -73.40% | 0.19x | 1.04x | $-8.00 Million |
| 2010 | -51.64% | -124.99% | 0.38x | 1.08x | $-13.05 Million |
| 2011 | -31.80% | -68.65% | 0.38x | 1.21x | $-6.69 Million |
| 2012 | -26.41% | -63.97% | 0.34x | 1.20x | $-4.64 Million |
| 2013 | -90.56% | -158.07% | 0.49x | 1.17x | $-7.14 Million |
| 2014 | -23.95% | -45.55% | 0.44x | 1.19x | $-2.34 Million |
| 2015 | -23.75% | -39.27% | 0.49x | 1.24x | $-2.03 Million |
| 2016 | -48.89% | -58.70% | 0.53x | 1.57x | $-2.80 Million |
| 2017 | -8.21% | -8.90% | 0.59x | 1.56x | $-800.53K |
| 2018 | 2.36% | 3.52% | 0.54x | 1.24x | $-487.77K |
| 2019 | 3.77% | 4.28% | 0.67x | 1.31x | $-399.35K |
| 2020 | 14.43% | 15.16% | 0.74x | 1.29x | $358.23K |
| 2021 | 23.24% | 35.00% | 0.54x | 1.22x | $1.50 Million |
| 2022 | 9.19% | 9.56% | 0.76x | 1.27x | $-101.85K |
| 2023 | 17.96% | 14.63% | 0.96x | 1.28x | $1.18 Million |
| 2024 | 23.41% | 27.97% | 0.63x | 1.32x | $2.75 Million |
Industry Comparison
This section compares BQE Water Inc's net assets metrics with peer companies in the Waste Management industry.
Industry Context
- Industry: Waste Management
- Average net assets among peers: $118,138,393
- Average return on equity (ROE) among peers: -29.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| BQE Water Inc (BTQNF) | $27.14 Million | -3.17% | 0.25x | $25.45 Million |
| American Battery Technology Company Common Stock (ABAT) | $-518.99K | 0.00% | 0.00x | $409.20 Million |
| Agilyx AS (AGXXF) | $7.06 Million | -311.75% | 2.48x | $152.59 Million |
| Ambipar Emergency Response (AMBI) | $65.12 Million | 0.00% | 2.26x | $5.74 Million |
| Anaergia Inc (ANRGF) | $7.17 Million | 121.67% | 44.10x | $20.51 Million |
| Aqua Metals Inc (AQMS) | $49.59 Million | -90.33% | 0.40x | $12.07 Million |
| Avalon Holdings Corporation (AWX) | $54.20 Million | 2.21% | 0.23x | $4.90 Million |
| BacTech Environmental Corporation (BCCEF) | $-2.80 Million | 0.00% | 0.00x | $7.36 Million |
| Befesa S.A (BFSAF) | $877.36 Million | 6.61% | 1.22x | $1.39 Billion |
| BluMetric Environmental Inc. (BLMWF) | $6.08 Million | 7.76% | 1.55x | $27.18 Million |