Quality Industrial Corp.
Quality Industrial Corp., an industrial company, engages in the provision of solutions for the liquefied petroleum gas industry. It offers design, supply, construction, operation, and maintenance services; consultancy and project management; repair and preventive maintenance; and billing and monitoring systems for central gas systems. The company also provides design, supply, and installation of … Read more
Quality Industrial Corp. (QIND) - Net Assets
Latest net assets as of September 2025: $17.43 Million USD
Based on the latest financial reports, Quality Industrial Corp. (QIND) has net assets worth $17.43 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 ($19.97 Million) and total liabilities ($2.55 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 | $17.43 Million |
| % of Total Assets | 87.26% |
| Annual Growth Rate | 95.95% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 128.06 |
Quality Industrial Corp. - Net Assets Trend (2018–2024)
This chart illustrates how Quality Industrial Corp.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Quality Industrial Corp. (2018–2024)
The table below shows the annual net assets of Quality Industrial Corp. from 2018 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $2.00 Million | +168.58% |
| 2023-12-31 | $743.50K | -97.23% |
| 2022-12-31 | $26.88 Million | +7383.71% |
| 2021-12-31 | $-369.01K | -1501.52% |
| 2020-12-31 | $-23.04K | -132.12% |
| 2019-12-31 | $71.74K | +103.56% |
| 2018-12-31 | $35.24K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Quality Industrial Corp.'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 1448607300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $126.64K | 13.37% |
| Other Components | $18.05 Million | 1905.64% |
| Total Equity | $947.03K | 100.00% |
Quality Industrial Corp. Competitors by Market Cap
The table below lists competitors of Quality Industrial Corp. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Discovery Alaska Ltd
AU:DAF
|
$1.44 Million |
|
Allied Corp
OTCQB:ALID
|
$1.44 Million |
|
Guardforce AI Co. Limited
PINK:GRDAF
|
$1.44 Million |
|
Combined Motor Holdings Limited
JSE:CMH
|
$1.44 Million |
|
Banaras Beads Limited
NSE:BANARBEADS
|
$1.44 Million |
|
Troubadour Resources Inc
OTCQB:TROUF
|
$1.43 Million |
|
TEXAS ROADHOUSE (ROW.SG)
STU:ROW
|
$1.43 Million |
|
PLB Engineering Bhd
KLSE:7055
|
$1.43 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Quality Industrial Corp.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 743,499 to 947,027, a change of 203,528 (27.4%).
- Net loss of 523,017 reduced equity.
- Other factors increased equity by 726,545.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-523.02K | -55.23% |
| Other Changes | $726.54K | +76.72% |
| Total Change | $- | 27.37% |
Book Value vs Market Value Analysis
This analysis compares Quality Industrial Corp.'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: 2.84x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 59.23x to 2.84x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | $0.00 | $0.02 | x |
| 2019-12-31 | $0.00 | $0.02 | x |
| 2020-12-31 | $0.00 | $0.02 | x |
| 2021-12-31 | $0.00 | $0.02 | x |
| 2022-12-31 | $0.03 | $0.02 | x |
| 2023-12-31 | $0.01 | $0.02 | x |
| 2024-12-31 | $0.01 | $0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Quality Industrial Corp. 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): -55.23%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -4.68%
- • Asset Turnover: 0.62x
- • Equity Multiplier: 19.12x
- Recent ROE (-55.23%) is above the historical average (-668.94%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | -240.68% | -152.67% | 0.44x | 3.60x | $-88.34K |
| 2019 | -4026.77% | -6499.79% | 0.34x | 1.83x | $-2.90 Million |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.96 Million |
| 2021 | 0.00% | -28.46% | 80.56x | 0.00x | $-5.15 Million |
| 2022 | 209.39% | 10.32% | 0.33x | 62.04x | $6.45 Million |
| 2023 | -569.30% | -4.86% | 9.84x | 11.91x | $-4.31 Million |
| 2024 | -55.23% | -4.68% | 0.62x | 19.12x | $-617.72K |
Industry Comparison
This section compares Quality Industrial Corp.'s net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $49,834,203,139
- Average return on equity (ROE) among peers: -24.25%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Quality Industrial Corp. (QIND) | $17.43 Million | -240.68% | 0.15x | $1.44 Million |
| American Commerce Solutions Inc (AACS) | $554.04K | -209.75% | 2.35x | $38.47K |
| ATI Airtest Technologies Inc (AATGF) | $-3.05 Million | 0.00% | 0.00x | $2.79 Million |
| ABB Turbo Systems AG (ACLIF) | $302.90 Million | 33.41% | 2.98x | $4.32 Billion |
| Agfa-Gevaert NV (AFGVF) | $130.00 Million | -40.77% | 16.65x | $91.17 Million |
| Alphaform AG (AFRMF) | $9.59 Million | -32.38% | 1.09x | $691.72 |
| Airtificial Intelligence Structures S.A (AITLF) | $-8.71 Million | 0.00% | 0.00x | $53.18 Million |
| Alfa Laval AB (publ) (ALFVF) | $10.49 Billion | 35.97% | 1.77x | $13.09 Billion |
| Amada Co. Ltd (AMDLY) | $484.04 Billion | 5.74% | 0.27x | $3.72 Billion |
| Ametek Inc (AME) | $3.25 Billion | 18.15% | 1.05x | $49.22 Billion |
| American Superconductor Corporation (AMSC) | $125.12 Million | -52.85% | 0.73x | $1.42 Billion |