Borqs Technologies Inc.
Borqs Technologies, Inc. provides Android-based smart connected devices and cloud service solutions in the United States, China, and internationally. It offers commercial grade Android platform software and service solutions to address vertical market segment needs through the targeted BorqsWare software platform solutions. The company's BorqsWare software platform consists of BorqsWare Client so… Read more
Borqs Technologies Inc. (BRQSF) - Total Assets
Latest total assets as of March 2025: $25.41 Million USD
Based on the latest financial reports, Borqs Technologies Inc. (BRQSF) holds total assets worth $25.41 Million USD as of March 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Borqs Technologies Inc. - Total Assets Trend (2019–2024)
This chart illustrates how Borqs Technologies Inc.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Borqs Technologies Inc. - Asset Composition Analysis
Current Asset Composition (December 2024)
Borqs Technologies Inc.'s total assets of $25.41 Million consist of 91.9% current assets and 8.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 8.0% |
| Accounts Receivable | $861.00K | 3.4% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2019–2024)
This chart illustrates how Borqs Technologies Inc.'s asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Borqs Technologies Inc.'s current assets represent 91.9% of total assets in 2024, an increase from 29.9% in 2019.
- Cash Position: Cash and equivalents constituted 8.0% of total assets in 2024, down from 29.9% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 16.0% in 2019.
- Asset Diversification: The largest asset category is accounts receivable at 3.4% of total assets.
Borqs Technologies Inc. Competitors by Total Assets
Key competitors of Borqs Technologies Inc. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Eastcompeace Technology Co Ltd
SHE:002017
|
China | CN¥2.97 Billion |
|
Wiscom System Co Ltd
SHE:002090
|
China | CN¥3.17 Billion |
|
Topsec Technologies Group Inc
SHE:002212
|
China | CN¥10.79 Billion |
|
Focus Technology Co Ltd
SHE:002315
|
China | CN¥4.27 Billion |
|
Beijing Venustech Inc
SHE:002439
|
China | CN¥13.16 Billion |
|
Maxvision Technology Corp
SHE:002990
|
China | CN¥3.74 Billion |
|
OpenSys M Bhd
KLSE:0040
|
Malaysia | RM129.25 Million |
|
Managepay Systems Bhd
KLSE:0156
|
Malaysia | RM86.24 Million |
Borqs Technologies Inc. - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - Borqs Technologies Inc. generates 1.09x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, Borqs Technologies Inc. generates $ 65.71 in net profit.
Borqs Technologies Inc. - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.87 | 0.80 | 0.74 |
| Quick Ratio | 0.87 | 0.66 | 0.63 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-3.56 Million | $ -5.46 Million | $ -9.95 Million |
Borqs Technologies Inc. - Advanced Valuation Insights
This section examines the relationship between Borqs Technologies Inc.'s asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.59 |
| Latest Market Cap to Assets Ratio | 0.07 |
| Asset Growth Rate (YoY) | 18.6% |
| Total Assets | $25.41 Million |
| Market Capitalization | $1.77 Million USD |
Valuation Analysis
Below Book Valuation: The market values Borqs Technologies Inc.'s assets below their book value (0.07 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Borqs Technologies Inc.'s assets grew by 18.6% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Borqs Technologies Inc. (2019–2024)
The table below shows the annual total assets of Borqs Technologies Inc. from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $25.41 Million | +18.56% |
| 2023-12-31 | $21.43 Million | -28.90% |
| 2022-12-31 | $30.14 Million | -43.40% |
| 2021-12-31 | $53.25 Million | +81.43% |
| 2020-12-31 | $29.35 Million | -48.32% |
| 2019-12-31 | $56.80 Million | -- |