Borqs Technologies Past Earnings Performance
Past criteria checks 0/6
Borqs Technologies has been growing earnings at an average annual rate of 13.7%, while the Tech industry saw earnings growing at 21.8% annually. Revenues have been declining at an average rate of 22.3% per year.
Key information
13.7%
Earnings growth rate
52.6%
EPS growth rate
Tech Industry Growth | 14.3% |
Revenue growth rate | -22.3% |
Return on equity | n/a |
Net Margin | -82.6% |
Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
No 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 02Revenue & Expenses Breakdown
How Borqs Technologies makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
---|---|---|---|---|
31 Dec 23 | 32 | -26 | 14 | 5 |
30 Jun 23 | 41 | -52 | 14 | 4 |
31 Mar 23 | 47 | -41 | 11 | 4 |
31 Dec 22 | 53 | -29 | 8 | 5 |
30 Jun 22 | 47 | -32 | 5 | 4 |
31 Mar 22 | 38 | -44 | 15 | 5 |
31 Dec 21 | 30 | -55 | 24 | 5 |
30 Sep 21 | 29 | -52 | 34 | 7 |
30 Jun 21 | 28 | -49 | 43 | 8 |
31 Mar 21 | 27 | -43 | 38 | 8 |
31 Dec 20 | 27 | -36 | 32 | 8 |
30 Sep 20 | 55 | -42 | 32 | 7 |
30 Jun 20 | 83 | -47 | 31 | 6 |
31 Mar 20 | 91 | -39 | 27 | 6 |
31 Dec 19 | 99 | -32 | 23 | 5 |
30 Sep 19 | 49 | -86 | 52 | 7 |
30 Jun 19 | 57 | -71 | 55 | 7 |
31 Mar 19 | 84 | -71 | 53 | 7 |
31 Dec 18 | 128 | -69 | 50 | 6 |
30 Sep 18 | 200 | 1 | 19 | 4 |
30 Jun 18 | 216 | -15 | 30 | 7 |
31 Mar 18 | 181 | -18 | 31 | 7 |
31 Dec 17 | 122 | -20 | 23 | 6 |
30 Sep 17 | 140 | -19 | 26 | 6 |
30 Jun 17 | 123 | -3 | 16 | 3 |
31 Mar 17 | 127 | -1 | 15 | 4 |
31 Dec 16 | 85 | 3 | 10 | 5 |
30 Sep 16 | 103 | 0 | 16 | 7 |
30 Jun 16 | 101 | 3 | 14 | 7 |
31 Mar 16 | 88 | 1 | 13 | 7 |
31 Dec 15 | 75 | 0 | 12 | 7 |
Quality Earnings: BRQS.F is currently unprofitable.
Growing Profit Margin: BRQS.F is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: BRQS.F is unprofitable, but has reduced losses over the past 5 years at a rate of 13.7% per year.
Accelerating Growth: Unable to compare BRQS.F's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: BRQS.F is unprofitable, making it difficult to compare its past year earnings growth to the Tech industry (26.1%).
Return on Equity
High ROE: BRQS.F's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
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 * |
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Company Financials | 10 years |
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Analyst Consensus Estimates | +3 years |
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Market Prices | 30 years |
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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
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
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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