Questor Technology Inc. (QST) - Net Assets
Based on the latest financial reports, Questor Technology Inc. (QST) has net assets worth CA$20.71 Million CAD (≈ $14.98 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 (CA$23.48 Million ≈ $16.98 Million USD) and total liabilities (CA$2.77 Million ≈ $2.00 Million USD). 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 Questor Technology Inc. liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$20.71 Million |
| % of Total Assets | 88.2% |
| Annual Growth Rate | 11.2% |
| 5-Year Change | -37.89% |
| 10-Year Change | 41.97% |
| Growth Volatility | 51.94 |
Questor Technology Inc. - Net Assets Trend (1997–2024)
This chart illustrates how Questor Technology Inc.'s net assets have evolved over time, based on quarterly financial data. Also explore QST current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Questor Technology Inc. (1997–2024)
The table below shows the annual net assets of Questor Technology Inc. from 1997 to 2024. For live valuation and market cap data, see Questor Technology Inc. market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$21.11 Million ≈ $15.27 Million |
-13.33% |
| 2023-12-31 | CA$24.36 Million ≈ $17.62 Million |
-16.57% |
| 2022-12-31 | CA$29.19 Million ≈ $21.12 Million |
-4.22% |
| 2021-12-31 | CA$30.48 Million ≈ $22.05 Million |
-10.32% |
| 2020-12-31 | CA$33.99 Million ≈ $24.59 Million |
-3.81% |
| 2019-12-31 | CA$35.33 Million ≈ $25.56 Million |
+33.94% |
| 2018-12-31 | CA$26.38 Million ≈ $19.08 Million |
+40.47% |
| 2017-12-31 | CA$18.78 Million ≈ $13.58 Million |
+27.18% |
| 2016-12-31 | CA$14.77 Million ≈ $10.68 Million |
-0.69% |
| 2015-12-31 | CA$14.87 Million ≈ $10.76 Million |
+2.10% |
| 2014-12-31 | CA$14.56 Million ≈ $10.54 Million |
+30.43% |
| 2013-12-31 | CA$11.17 Million ≈ $8.08 Million |
+31.67% |
| 2012-12-31 | CA$8.48 Million ≈ $6.13 Million |
+15.81% |
| 2011-12-31 | CA$7.32 Million ≈ $5.30 Million |
+17.00% |
| 2010-12-31 | CA$6.26 Million ≈ $4.53 Million |
+11.45% |
| 2009-12-31 | CA$5.62 Million ≈ $4.06 Million |
+1.12% |
| 2008-12-31 | CA$5.55 Million ≈ $4.02 Million |
+16.86% |
| 2007-12-31 | CA$4.75 Million ≈ $3.44 Million |
+78.03% |
| 2006-12-31 | CA$2.67 Million ≈ $1.93 Million |
+85.85% |
| 2005-12-31 | CA$1.44 Million ≈ $1.04 Million |
+33.47% |
| 2004-12-31 | CA$1.08 Million ≈ $778.43K |
+18.98% |
| 2003-12-31 | CA$904.45K ≈ $654.26K |
+40.08% |
| 2002-12-31 | CA$645.68K ≈ $467.08K |
+211.81% |
| 2001-12-31 | CA$-577.47K ≈ $-417.73K |
+9.69% |
| 2000-12-31 | CA$-639.43K ≈ $-462.55K |
-206.57% |
| 1999-12-31 | CA$600.00K ≈ $434.03K |
-50.00% |
| 1998-12-31 | CA$1.20 Million ≈ $868.06K |
0.00% |
| 1997-12-31 | CA$1.20 Million ≈ $868.06K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Questor Technology 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 grown by 1102780300.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CA$10.13 Million | 47.98% |
| Other Components | CA$10.98 Million | 52.02% |
| Total Equity | CA$21.11 Million | 100.00% |
Questor Technology Inc. Competitors by Market Cap
The table below lists competitors of Questor Technology Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Triton Development S.A.
WAR:TRI
|
$6.38 Million |
|
Haidemenos S.A.
AT:HAIDE
|
$6.38 Million |
|
Khaitan (India) Limited
NSE:KHAITANLTD
|
$6.38 Million |
|
GEOTRANS S.A. ZY -10
F:5Z4
|
$6.38 Million |
|
Reach Resources Ltd
AU:RR1
|
$6.37 Million |
|
Orcoda Ltd
AU:ODA
|
$6.37 Million |
|
Carmat
PA:ALCAR
|
$6.37 Million |
|
SATO Technologies Corp
V:SATO
|
$6.36 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Questor Technology Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 24,357,652 to 21,110,076, a change of -3,247,576 (-13.3%).
- Net loss of 3,233,997 reduced equity.
- Share repurchases of 323,202 reduced equity.
- Other comprehensive income increased equity by 39,219.
- Other factors increased equity by 270,404.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-3.23 Million | -15.32% |
| Share Repurchases | CA$323.20K | -1.53% |
| Other Comprehensive Income | CA$39.22K | +0.19% |
| Other Changes | CA$270.40K | +1.28% |
| Total Change | CA$- | -13.33% |
Book Value vs Market Value Analysis
This analysis compares Questor Technology 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: 0.42x
- 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 2.67x to 0.42x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1997-12-31 | CA$0.12 | CA$0.32 | x |
| 1998-12-31 | CA$0.13 | CA$0.32 | x |
| 1999-12-31 | CA$0.05 | CA$0.32 | x |
| 2000-12-31 | CA$-0.05 | CA$0.32 | x |
| 2001-12-31 | CA$-0.04 | CA$0.32 | x |
| 2002-12-31 | CA$0.03 | CA$0.32 | x |
| 2003-12-31 | CA$0.04 | CA$0.32 | x |
| 2004-12-31 | CA$0.05 | CA$0.32 | x |
| 2005-12-31 | CA$0.06 | CA$0.32 | x |
| 2006-12-31 | CA$0.11 | CA$0.32 | x |
| 2007-12-31 | CA$0.19 | CA$0.32 | x |
| 2008-12-31 | CA$0.23 | CA$0.32 | x |
| 2009-12-31 | CA$0.23 | CA$0.32 | x |
| 2010-12-31 | CA$0.26 | CA$0.32 | x |
| 2011-12-31 | CA$0.30 | CA$0.32 | x |
| 2012-12-31 | CA$0.34 | CA$0.32 | x |
| 2013-12-31 | CA$0.43 | CA$0.32 | x |
| 2014-12-31 | CA$0.55 | CA$0.32 | x |
| 2015-12-31 | CA$0.57 | CA$0.32 | x |
| 2016-12-31 | CA$0.56 | CA$0.32 | x |
| 2017-12-31 | CA$0.70 | CA$0.32 | x |
| 2018-12-31 | CA$0.96 | CA$0.32 | x |
| 2019-12-31 | CA$1.28 | CA$0.32 | x |
| 2020-12-31 | CA$1.24 | CA$0.32 | x |
| 2021-12-31 | CA$1.11 | CA$0.32 | x |
| 2022-12-31 | CA$1.05 | CA$0.32 | x |
| 2023-12-31 | CA$0.88 | CA$0.32 | x |
| 2024-12-31 | CA$0.77 | CA$0.32 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Questor Technology Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -15.32%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -71.54%
- • Asset Turnover: 0.19x
- • Equity Multiplier: 1.14x
- Recent ROE (-15.32%) is below the historical average (-2.10%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | -33.33% | -400.00% | 0.05x | 1.75x | CA$-520.00K |
| 1998 | -75.00% | -900.00% | 0.05x | 1.83x | CA$-1.02 Million |
| 1999 | -183.33% | -275.00% | 0.22x | 3.00x | CA$-1.16 Million |
| 2000 | 0.00% | -432.81% | 0.55x | 0.00x | CA$-1.55 Million |
| 2001 | 0.00% | -6.00% | 0.81x | 0.00x | CA$1.71K |
| 2002 | -12.75% | -6.81% | 1.00x | 1.88x | CA$-146.87K |
| 2003 | 28.61% | 17.83% | 1.00x | 1.60x | CA$168.32K |
| 2004 | 12.87% | 7.79% | 0.79x | 2.08x | CA$30.93K |
| 2005 | 24.16% | 16.20% | 0.84x | 1.78x | CA$203.38K |
| 2006 | 44.79% | 37.09% | 0.92x | 1.31x | CA$928.69K |
| 2007 | 41.61% | 21.43% | 1.58x | 1.23x | CA$1.50 Million |
| 2008 | 11.31% | 14.05% | 0.66x | 1.22x | CA$72.71K |
| 2009 | -1.82% | -2.58% | 0.63x | 1.12x | CA$-663.52K |
| 2010 | 6.81% | 7.29% | 0.77x | 1.22x | CA$-199.96K |
| 2011 | 16.26% | 19.54% | 0.68x | 1.23x | CA$458.17K |
| 2012 | 12.27% | 15.56% | 0.68x | 1.16x | CA$192.35K |
| 2013 | 22.78% | 26.57% | 0.68x | 1.26x | CA$1.43 Million |
| 2014 | 20.01% | 23.48% | 0.76x | 1.13x | CA$1.46 Million |
| 2015 | -0.12% | -0.22% | 0.50x | 1.09x | CA$-1.51 Million |
| 2016 | -3.01% | -6.28% | 0.43x | 1.11x | CA$-1.92 Million |
| 2017 | 20.50% | 19.78% | 0.83x | 1.25x | CA$1.97 Million |
| 2018 | 27.06% | 30.41% | 0.76x | 1.17x | CA$4.50 Million |
| 2019 | 21.02% | 24.60% | 0.72x | 1.19x | CA$3.90 Million |
| 2020 | -5.38% | -19.87% | 0.24x | 1.12x | CA$-5.23 Million |
| 2021 | -13.08% | -72.47% | 0.16x | 1.15x | CA$-7.04 Million |
| 2022 | -5.91% | -20.60% | 0.25x | 1.16x | CA$-4.65 Million |
| 2023 | -19.73% | -66.84% | 0.27x | 1.11x | CA$-7.24 Million |
| 2024 | -15.32% | -71.54% | 0.19x | 1.14x | CA$-5.35 Million |
Industry Comparison
This section compares Questor Technology Inc.'s net assets metrics with peer companies in the Pollution & Treatment Controls industry.
Industry Context
- Industry: Pollution & Treatment Controls
- Average net assets among peers: $2,361,127
- Average return on equity (ROE) among peers: -69.54%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Questor Technology Inc. (QST) | CA$20.71 Million | -33.33% | 0.13x | $6.37 Million |
| Appulse Corp (APL) | $3.13 Million | 4.05% | 1.15x | $3.21 Million |
| BioRem Inc. (BRM) | $5.59 Million | -56.11% | 1.83x | $37.86 Million |
| Sparta Capital Ltd (SAY) | $-989.11K | 0.00% | 0.00x | $3.83 Million |
| Thermal Energy International Inc. (TMG) | $3.57 Million | 2.05% | 2.35x | $19.14 Million |
| Current Water Technologies Inc (WATR) | $509.90K | -297.67% | 0.83x | $1.66 Million |
About Questor Technology Inc.
Questor Technology Inc., an environmental emissions reduction technology company, designs, manufactures, and services clean combustion systems in Canada and the United States. Its technology enables its customers to meet emission regulations, reduce greenhouse gas emissions, address community concerns, and enhance safety at industrial sites. The company provides its solutions for various oil and … Read more