Borqs Technologies Management
Management criteria checks 2/4
Borqs Technologies' CEO is Pat Chan, appointed in Jan 2007, has a tenure of 17.92 years. total yearly compensation is $2.77M, comprised of 13.8% salary and 86.2% bonuses, including company stock and options. directly owns 7.87% of the company’s shares, worth $683.60K. The average tenure of the management team and the board of directors is 7.3 years and 6 years respectively.
Key information
Pat Chan
Chief executive officer
US$2.8m
Total compensation
| CEO salary percentage | 13.8% |
| CEO tenure | 17.9yrs |
| CEO ownership | 7.9% |
| Management average tenure | 7.3yrs |
| Board average tenure | 6yrs |
Recent management updates
Recent updates
Borqs subsidiary signs power purchase agreement to provide solar + energy storage systems
Sep 20Borqs regained compliance with Nasdaq’s minimum bid price rule
Jul 14Borqs' Holu Hou Energy signed $49.8M of contracts in Q2 2022 in Hawaii, stock +15%
Jul 01Borqs Technologies begins R&D and Manufacturing facilities construction
May 06Borqs Technologies to eliminate $18M debt and institutional loans
Dec 24Borqs Technologies pops after signing agreement for 5G industrial park
Dec 02CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$3m | US$382k | -US$26m |
| Jun 30 2023 | n/a | n/a | -US$52m |
| Mar 31 2023 | n/a | n/a | -US$41m |
| Dec 31 2022 | US$1m | US$382k | -US$29m |
| Jun 30 2022 | n/a | n/a | -US$32m |
| Mar 31 2022 | n/a | n/a | -US$44m |
| Dec 31 2021 | US$3m | US$303k | -US$55m |
| Sep 30 2021 | n/a | n/a | -US$52m |
| Jun 30 2021 | n/a | n/a | -US$49m |
| Mar 31 2021 | n/a | n/a | -US$43m |
| Dec 31 2020 | US$499k | US$303k | -US$36m |
| Sep 30 2020 | n/a | n/a | -US$42m |
| Jun 30 2020 | n/a | n/a | -US$47m |
| Mar 31 2020 | n/a | n/a | -US$39m |
| Dec 31 2019 | US$303k | US$303k | -US$32m |
| Sep 30 2019 | n/a | n/a | -US$86m |
| Jun 30 2019 | n/a | n/a | -US$71m |
| Mar 31 2019 | n/a | n/a | -US$71m |
| Dec 31 2018 | US$303k | US$303k | -US$69m |
| Sep 30 2018 | n/a | n/a | US$833k |
| Jun 30 2018 | n/a | n/a | -US$15m |
| Mar 31 2018 | n/a | n/a | -US$18m |
| Dec 31 2017 | US$1m | US$370k | -US$20m |
Compensation vs Market: Pat's total compensation ($USD2.77M) is above average for companies of similar size in the US market ($USD654.40K).
Compensation vs Earnings: Pat's compensation has increased whilst the company is unprofitable.
CEO
Pat Chan (58 yo)
17.9yrs
Tenure
US$2,770,900
Compensation
Mr. Sek Yuen Chan, also known as Pat, is a Founder of Borqs Technologies, Inc. (formerly, BORQS International, Ltd) and has been Chief Executive Officer and President since 2007. He serves as the Chairman...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 17.9yrs | US$2.77m | 7.87% $ 683.6k | |
| Chief Financial Officer | less than a year | US$190.50k | 1.14% $ 98.8k | |
| Executive Director of Finance & US Operations | no data | US$1.57m | no data | |
| Executive VP & Co-GM of Product Business Unit | 7.3yrs | no data | 1.7% $ 147.5k | |
| Exec VP | 7.3yrs | no data | 2.55% $ 221.8k |
7.3yrs
Average Tenure
62yo
Average Age
Experienced Management: BRQS.F's management team is seasoned and experienced (7.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 7.3yrs | US$2.77m | 7.87% $ 683.6k | |
| Independent Director | 6yrs | US$125.00k | 0.76% $ 66.0k | |
| Independent Director | 6yrs | US$125.00k | 0.76% $ 66.0k | |
| Director | less than a year | no data | no data | |
| Director | less than a year | no data | no data |
6.0yrs
Average Tenure
61yo
Average Age
Experienced Board: BRQS.F's board of directors are considered experienced (6 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 02:13 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2023/12/31 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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 here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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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.
| Analyst | Institution |
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