Borqs Technologies Inc
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- Market Cap.:
- $4.30 million
- Book Value:
- Revenue TTM:
- $47.21 million
- Operating Margin TTM:
- Gross Profit TTM:
- $2.61 million
- Profit Margin:
- Return on Assets TTM:
- Return on Equity TTM:
Borqs Technologies Inc had its IPO on 2017-08-30 under the ticker symbol BRQS.
The company operates in the Technology sector and Software-Application industry. Borqs Technologies Inc has a staff strength of 307 employees.
Shares of Borqs Technologies Inc opened at $0.23 at the start of the last trading session i.e. 2023-03-24.
The stocks traded within a range of $0.23 - $0.24, and closed at $0.24.
This is a +2.22% increase from the previous day's closing price.
A total volume of 392,434 shares were traded at the close of the day’s session.
In the last one week, shares of Borqs Technologies Inc have slipped by -5.96%.
Borqs Technologies Inc's Key Ratios
Borqs Technologies Inc has a market cap of $4.30 million, indicating a price to book ratio of 2.2225 and a price to sales ratio of 0.1086.
In the last 12-months Borqs Technologies Inc’s revenue was $47.21 million with a gross profit of $2.61 million and an EBITDA of $-3587000. The EBITDA ratio measures Borqs Technologies Inc's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Borqs Technologies Inc’s operating margin was -7.56% while its return on assets stood at -4.22% with a return of equity of -1252.71%.
In Q2, Borqs Technologies Inc’s quarterly earnings growth was a positive 0% while revenue growth was a positive 141.2%.
Borqs Technologies Inc’s PE and PEG Ratio
- Forward PE
- Trailing PE
Its diluted EPS in the last 12-months stands at $-3.7 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Borqs Technologies Inc’s profitability.
Borqs Technologies Inc stock is trading at a EV to sales ratio of 0.0265 and a EV to EBITDA ratio of 0.1109. Its price to sales ratio in the trailing 12-months stood at 0.1086.
Borqs Technologies Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.
Balance sheet and cash flow metrics
- Total Assets
- $63.60 million
- Total Liabilities
- $60.13 million
- Operating Cash Flow
- Capital Expenditure
- Dividend Payout Ratio
Borqs Technologies Inc ended 2023 with $63.60 million in total assets and $0 in total liabilities. Its intangible assets were valued at $63.60 million while shareholder equity stood at $-8410000.00.
Borqs Technologies Inc ended 2023 with $0 in deferred long-term liabilities, $60.13 million in other current liabilities, in common stock, $-277397000.00 in retained earnings and $12.21 million in goodwill. Its cash balance stood at $18.45 million and cash and short-term investments were $18.45 million. The company’s total short-term debt was $11,119,000 while long-term debt stood at $0.
Borqs Technologies Inc’s total current assets stands at $40.42 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $3.34 million compared to accounts payable of $9.05 million and inventory worth $6.58 million.
In 2023, Borqs Technologies Inc's operating cash flow was $0 while its capital expenditure stood at $0.
Comparatively, Borqs Technologies Inc paid $0 in dividends in 2023.
Other key metrics
- Current Trading Price
- 52-Week High
- 52-Week Low
- Analyst Target Price
Borqs Technologies Inc stock is currently trading at $0.24 per share. It touched a 52-week high of $7.36 and a 52-week low of $7.36. Analysts tracking the stock have a 12-month average target price of $12.
Its 50-day moving average was $0.28 and 200-day moving average was $0.85 The short ratio stood at 0.51 indicating a short percent outstanding of 0%.
Around 1590.2% of the company’s stock are held by insiders while 619.2% are held by institutions.
Frequently Asked Questions About Borqs Technologies Inc
Similar Industry Stocks (Software-Application)
Borqs Technologies, Inc. provides Android-based smart connected devices and cloud service solutions in the United States, India, China, and internationally. The company offers commercial grade Android platform software and service solutions to address vertical market segment needs through the targeted BorqsWare software platform solutions. Its BorqsWare software platform consists of BorqsWare Client software that has been used in Android phones, tablets, watches, and various Internet-of-things devices; and BorqsWare Server software platform, which includes back-end server software that allows customers to develop their own mobile end-to-end services for their devices. In addition, it provides IVI solutions, machine to machine solutions, smart appliance solution, mobile operator services, and google mobile services (GMS). The company primarily serves mobile chipset manufacturers, mobile device original equipment manufacturers, and mobile operators, as well as product solutions of mobile connected devices for enterprise and consumer applications. Borqs Technologies, Inc. was founded in 2007 and is headquartered in Kwun Tong, Hong Kong.