Borqs Technologies, Inc.

OTCPK:BRQS.F Stock Report

Market Cap: US$4.0m

Borqs Technologies Balance Sheet Health

Financial Health criteria checks 6/6

Borqs Technologies has a total shareholder equity of $6.9M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $8.6M and $1.6M respectively.

Key information

0%

Debt to equity ratio

US$0

Debt

Interest coverage ration/a
CashUS$7.94m
EquityUS$6.95m
Total liabilitiesUS$1.61m
Total assetsUS$8.55m

Recent financial health updates

Recent updates

Seeking Alpha • Sep 20

Borqs subsidiary signs power purchase agreement to provide solar + energy storage systems

Borqs Technologies (NASDAQ:BRQS) announced its solar energy storage subsidiary, Holu Hou Energy or HHE has signed a power purchase agreement with Kapolei Diversified Properties to deliver energy to Luhauola, a new mixed-use development in Kapolei, on the island of Oahu, Hawaii. HHE adds on to $49.8M of signed contracts in 2022 for its HoluPower Residential Energy Storage System. U.S. Energy Information Administration data shows oil generated about two-thirds of Hawaii’s electricity in 2021. “We look forward to building on our Hawaii leadership position and bringing this same energy independence to markets like California in the near future. The cost of utility electricity in Hawaii has risen by about 60% over the last 18-months, with residential rates being at a historical high of around $0.50/kWh. Reliance on fuel oil for a significant part of Hawaii’s power generation means that these unprecedented rates are not likely to abate soon. HHE brings the most safe and productive solar and energy storage solutions to customers, including to those in income brackets not historically able to have their energy needs met by renewables.” stated Brad Hansen, CEO.
Seeking Alpha • Jul 14

Borqs regained compliance with Nasdaq’s minimum bid price rule

Borqs Technologies (NASDAQ:BRQS) regained compliance with Nasdaq's minimum price requirement. The company received a letter dated July 12, 2022 from Nasdaq  that: “Staff has determined that for the last 10 consecutive business days, from June 27 through July 11, 2022, the closing bid price of the Company’s common stock has been at $1.00 per share or greater. Accordingly, the Company has regained compliance with Listing Rule 5550(a)(2), and this matter is now closed.”
Seeking Alpha • Jul 01

Borqs' Holu Hou Energy signed $49.8M of contracts in Q2 2022 in Hawaii, stock +15%

Borqs Technologies (NASDAQ:BRQS) has announced that its subsidiary, Holu Hou Energy, has signed with developers and property owners for nine solar plus energy storage projects in the State of Hawaii totalling $49.8M. The unique HHE’s Energy Share technology enables 25% more delivered energy with 50% fewer batteries and fully opens the previously untapped Multi-Dwelling Unit property market. Implementation of these projects will start as early as Q3 of 2022 and be completed within 2023. “These recent signed contracts in Q2 testified for the customers’ awareness of the HHE advantages and that we have a competitive edge over with many brands that are much more well-known than us.” said Pat Chan, Founder and CEO of Borqs.

Financial Position Analysis

Short Term Liabilities: BRQS.F's short term assets ($8.5M) exceed its short term liabilities ($1.6M).

Long Term Liabilities: BRQS.F's short term assets ($8.5M) exceed its long term liabilities ($30.0K).

Debt to Equity History and Analysis

Debt Level: BRQS.F is debt free.

Reducing Debt: BRQS.F currently has no debt however we can't compare to 5 years ago as we have no data for that period.

Debt Coverage: BRQS.F has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: BRQS.F has no debt, therefore coverage of interest payments is not a concern.

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/10 15:33
End of Day Share Price 2026/09/10 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Borqs Technologies, Inc. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.