The firm shows a Beta (market volatility) of 0.4181, which signifies possible diversification benefits within a given portfolio. Let's try to break down what Borqs's beta means in this case. As returns on the market increase, Borqs Technologies returns are expected to increase less than the market. However, during the bear market, the loss on holding Borqs Technologies will be expected to be smaller as well. Even though it is essential to pay attention to
Borqs Technologies historical returns, it is always good to be careful when utilizing equity current trending patterns. Our philosophy towards foreseeing any stock's
future performance is to check both, its past performance charts as well as the business as a whole, including all available
technical indicators. Borqs Technologies exposes twenty-seven different technical indicators, which can help you to evaluate its performance.
Borqs Technologies has an expected return of -0.36%. Please be advised to confirm Borqs Technologies
value at risk, as well as the
relationship between the kurtosis and
price action indicator to decide if
Borqs Technologies performance from the past will be repeated at some point in the near future.
Typically, a company's
financial statements are the reports that show the
financial position of the company. There are three main documents that fall into the category of financial statements. These documents include Borqs Technologies income statement, its balance sheet, and the statement of cash flows. Potential Borqs Technologies investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Borqs Technologies investors may use each financial statement separately, they are all related. The changes in Borqs Technologies's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Borqs Technologies's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our
technical analysis and
fundamental analysis pages.
Please consider monitoring Borqs Technologies on a daily basis if you are holding a position in it. Borqs Technologies is trading at a penny-stock level, and the possibility of delisting is much higher compared to other delisted stocks. However, just because the stock is trading under one dollar, does not mean it will be marked for deletion.
Most exchanges require public instruments, such as Borqs Technologies stock to be traded above the $1 level to remain listed. If Borqs Technologies stock price falls below $1 for 30 consecutive trading days, the exchange can delist it. Once the company reaches this point, they will be sent an initial price violation notice directly from an exchange.
Borqs Technologies
financial leverage refers to using borrowed capital as a funding source to finance Borqs Technologies ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Borqs Technologies financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Financial leverage can amplify the potential profits to Borqs Technologies' owners, but it also increases the potential losses and risk of financial distress, including bankruptcy, if the firm cannot cover its debt costs. The degree of Borqs Technologies' financial leverage can be measured in several ways, including by ratios such as the debt-to-equity ratio (total debt / total equity), equity multiplier (total assets / total equity), or the debt ratio (total debt / total assets). Please check the
breakdown between Borqs Technologies's total debt and its cash.
To perform a cash flow analysis of Borqs Technologies, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash Borqs Technologies is receiving and how much cash it distributes out in a given period. The Borqs Technologies cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities.
The entity reported the previous year's revenue of 28.23
M. Net Loss for the year was (49
M) with profit before overhead, payroll, taxes, and interest of 1.6
M.
Asset Utilization
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Borqs Technologies has an asset utilization ratio of 46.92 percent. This connotes that the company is making $0.47 for each dollar of assets. An increasing asset utilization means that Borqs Technologies is more efficient with each dollar of assets it utilizes for everyday operations.
| Current Assets | 36.36 Million | 78.07 |
| Assets Non Current | 5.63 Million | 12.09 |
| Goodwill | 3.63 Million | 7.8 |
| Tax Assets | 949,053 | 2.04 |
Will Borqs price fall impact its balance sheet?
Variance is down to 38.05. It may connote a possible volatility fall. Borqs Technologies is displaying above-average volatility over the selected time horizon. Investors should scrutinize Borqs Technologies independently to ensure intended market timing strategies are aligned with expectations about Borqs Technologies volatility. Borqs Technologies is a potential penny stock. Although Borqs Technologies may be in fact a good instrument to invest, many penny stocks are speculative in nature and are subject to artificial price hype. Please make sure you totally understand the upside potential and downside risk of investing in Borqs Technologies. We encourage investors to look for the signals such us email spams, message board hypes, claims of breakthroughs, volume upswings, sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on Borqs instrument if you perfectly time your entry and exit. However, remember that penny stocks that have been the subject of an artificial hype usually unable to maintain its increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.
Our Final Take On Borqs Technologies
While some firms in the software—application industry are either recovering or due for a correction, Borqs may not be as strong as the others in terms of longer-term growth potentials. The inconsistency in the assessment between current Borqs valuation and our trade advice on Borqs Technologies is due to the recent market swings and your selection of investing horizon. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Borqs Technologies.
Raphi Shpitalnik is a Junior Member of Macroaxis Editorial Board. Raphael is a young entrepreneur who joined Macroaxis on a part-time basis at the beginning of the pandemic and eventually acquired a real taste for investing and fintech. He likes to analyze different equity instruments across a wide range of industries, focusing primarily on consumer products, sports, fintech, cannabis, and AI.
View Profile This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Raphi Shpitalnik do not own shares of Borqs Technologies. Please refer to our
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