QS Energy Inc
QS Energy, Inc. develops and commercializes energy efficiency technologies in the United States, Canada, South and Central America, Middle East, Asia and internationally. The company's energy efficiency technologies assist in meeting energy demands, enhancing the economics of oil transport, and reducing greenhouse gas emissions. The company's primary technology comprises Applied Oil Technology, a… Read more
QS Energy Inc (QSEP) - Net Assets
Latest net assets as of September 2025: $-5.45 Million USD
Based on the latest financial reports, QS Energy Inc (QSEP) has net assets worth $-5.45 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 ($104.00K) and total liabilities ($5.55 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 | $-5.45 Million |
| % of Total Assets | -5236.54% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 3004.42 |
QS Energy Inc - Net Assets Trend (1999–2024)
This chart illustrates how QS Energy 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 QS Energy Inc (1999–2024)
The table below shows the annual net assets of QS Energy Inc from 1999 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-5.70 Million | -8.66% |
| 2023-12-31 | $-5.24 Million | -11.81% |
| 2022-12-31 | $-4.69 Million | -12.39% |
| 2021-12-31 | $-4.17 Million | -18.99% |
| 2020-12-31 | $-3.51 Million | -54.56% |
| 2019-12-31 | $-2.27 Million | -53.10% |
| 2018-12-31 | $-1.48 Million | +20.92% |
| 2017-12-31 | $-1.87 Million | -38.00% |
| 2016-12-31 | $-1.36 Million | -73.61% |
| 2015-12-31 | $-782.22K | -157.16% |
| 2014-12-31 | $1.37 Million | -55.50% |
| 2013-12-31 | $3.08 Million | +206.14% |
| 2012-12-31 | $-2.90 Million | +6.69% |
| 2011-12-31 | $-3.11 Million | +51.60% |
| 2010-12-31 | $-6.42 Million | -14.35% |
| 2009-12-31 | $-5.61 Million | -121.44% |
| 2008-12-31 | $-2.53 Million | +41.88% |
| 2007-12-31 | $-4.36 Million | -386.21% |
| 2006-12-31 | $-896.69K | +36.32% |
| 2005-12-31 | $-1.41 Million | +29.84% |
| 2004-12-31 | $-2.01 Million | -140.84% |
| 2003-12-31 | $-833.39K | +55.68% |
| 2002-12-31 | $-1.88 Million | -47.80% |
| 2001-12-31 | $-1.27 Million | -256.47% |
| 2000-12-31 | $-356.91K | -6479.07% |
| 1999-12-31 | $5.59K | -- |
Equity Component Analysis
This analysis shows how different components contribute to QS Energy 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 12727602800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $428.43K | % |
| Other Components | $121.17 Million | % |
| Total Equity | $-5.70 Million | 100.00% |
QS Energy Inc Competitors by Market Cap
The table below lists competitors of QS Energy Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tifico Fiber Indonesia Tbk
JK:TFCO
|
$43.87 Million |
|
Ambra SA
WAR:AMB
|
$43.88 Million |
|
SomnoMed Limited
PINK:SOMNF
|
$43.88 Million |
|
FIRST TIN PLC LS-001
F:1SN
|
$43.89 Million |
|
Answer Technology Co Ltd
TW:3528
|
$43.85 Million |
|
Signature International Bhd
KLSE:7246
|
$43.80 Million |
|
Biesse S.p.A
F:BI2
|
$43.80 Million |
|
Daewon Media Co. Ltd
KQ:048910
|
$43.79 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in QS Energy Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -5,244,000 to -5,698,000, a change of -454,000.
- Net loss of 1,934,000 reduced equity.
- Other factors increased equity by 1,480,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.93 Million | -33.94% |
| Other Changes | $1.48 Million | +25.97% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares QS Energy 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 |
|---|---|---|---|
| 1999-12-31 | $0.00 | $0.26 | x |
| 2000-12-31 | $-0.02 | $0.26 | x |
| 2001-12-31 | $-0.08 | $0.26 | x |
| 2002-12-31 | $-0.10 | $0.26 | x |
| 2003-12-31 | $-0.03 | $0.26 | x |
| 2004-12-31 | $-0.06 | $0.26 | x |
| 2005-12-31 | $-0.04 | $0.26 | x |
| 2006-12-31 | $-0.02 | $0.26 | x |
| 2007-12-31 | $-0.11 | $0.26 | x |
| 2008-12-31 | $-0.05 | $0.26 | x |
| 2009-12-31 | $-0.09 | $0.26 | x |
| 2010-12-31 | $-0.08 | $0.26 | x |
| 2011-12-31 | $-0.03 | $0.26 | x |
| 2012-12-31 | $-0.02 | $0.26 | x |
| 2013-12-31 | $0.02 | $0.26 | x |
| 2014-12-31 | $0.01 | $0.26 | x |
| 2015-12-31 | $0.00 | $0.26 | x |
| 2016-12-31 | $-0.01 | $0.26 | x |
| 2017-12-31 | $-0.01 | $0.26 | x |
| 2018-12-31 | $-0.01 | $0.26 | x |
| 2019-12-31 | $-0.01 | $0.26 | x |
| 2020-12-31 | $-0.01 | $0.26 | x |
| 2021-12-31 | $-0.01 | $0.26 | x |
| 2022-12-31 | $-0.01 | $0.26 | x |
| 2023-12-31 | $-0.01 | $0.26 | x |
| 2024-12-31 | $-0.01 | $0.26 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently QS Energy 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: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-26.42%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1999 | -47.63% | -2.13% | 0.25x | 90.37x | $-3.22K |
| 2000 | 0.00% | -3635.79% | 0.02x | 0.00x | $-327.16K |
| 2001 | 0.00% | 0.00% | 0.00x | 0.00x | $-2.61 Million |
| 2002 | 0.00% | 0.00% | 0.00x | 0.00x | $-2.56 Million |
| 2003 | 0.00% | 0.00% | 0.00x | 0.00x | $-2.39 Million |
| 2004 | 0.00% | 0.00% | 0.00x | 0.00x | $-6.60 Million |
| 2005 | 0.00% | 0.00% | 0.00x | 0.00x | $-2.97 Million |
| 2006 | 0.00% | -33938.41% | 0.04x | 0.00x | $-10.09 Million |
| 2007 | 0.00% | -16058.32% | 0.13x | 0.00x | $-5.83 Million |
| 2008 | 0.00% | 0.00% | 0.00x | 0.00x | $-5.80 Million |
| 2009 | 0.00% | 0.00% | 0.00x | 0.00x | $-5.63 Million |
| 2010 | 0.00% | 0.00% | 0.00x | 0.00x | $-8.85 Million |
| 2011 | 0.00% | 0.00% | 0.00x | 0.00x | $-10.55 Million |
| 2012 | 0.00% | 0.00% | 0.00x | 0.00x | $-12.80 Million |
| 2013 | -346.53% | 0.00% | 0.00x | 1.38x | $-10.96 Million |
| 2014 | -292.77% | -1669.31% | 0.10x | 1.72x | $-4.14 Million |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $-4.15 Million |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $-3.86 Million |
| 2017 | 0.00% | -9670.00% | 0.17x | 0.00x | $-4.65 Million |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | $-2.91 Million |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $-7.97 Million |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $-2.06 Million |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.24 Million |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.02 Million |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | $-699.60K |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.36 Million |
Industry Comparison
This section compares QS Energy Inc's net assets metrics with peer companies in the Oil & Gas Equipment & Services industry.
Industry Context
- Industry: Oil & Gas Equipment & Services
- Average net assets among peers: $2,675,305,161
- Average return on equity (ROE) among peers: -0.73%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| QS Energy Inc (QSEP) | $-5.45 Million | -47.63% | N/A | $43.86 Million |
| ProFrac Holding Corp. (ACDC) | $1.33 Billion | -7.35% | 1.31x | $214.17 Million |
| Atlas Energy Solutions Inc. (AESI) | $867.82 Million | 18.44% | 0.45x | $1.26 Billion |
| Akastor ASA (AKKVF) | $3.97 Billion | -6.65% | 0.52x | $54.21 Million |
| Andatee China Marine Fuel Services (AMCF) | $12.16 Million | 12.17% | 1.82x | $0.96 |
| Archrock Inc (AROC) | $871.02 Million | 12.05% | 2.05x | $6.03 Billion |
| Anton Oilfield Services Group (ATONY) | $1.39 Billion | 8.13% | 0.32x | $381.63 Million |
| Auri Inc (AURI) | $-2.74 Million | 0.00% | 0.00x | $1.81 |
| Baker Hughes Co (BKR) | $18.27 Billion | -54.42% | 1.08x | $54.42 Billion |
| Kbridge Energy Corp (BMMCF) | $-313.60K | 0.00% | 0.00x | $880.54 |
| Bri-Chem Corp (BRYFF) | $51.73 Million | 10.37% | 1.50x | $4.32 Million |