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Borqs Technologies (Borqs Technologies) Net Margin % : -192.11% (As of Jun. 2023)


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What is Borqs Technologies Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Borqs Technologies's Net Income for the six months ended in Jun. 2023 was $-28.80 Mil. Borqs Technologies's Revenue for the six months ended in Jun. 2023 was $14.99 Mil. Therefore, Borqs Technologies's net margin for the quarter that ended in Jun. 2023 was -192.11%.

The historical rank and industry rank for Borqs Technologies's Net Margin % or its related term are showing as below:

BRQSF' s Net Margin % Range Over the Past 10 Years
Min: -188.98   Med: -64.78   Max: -34.77
Current: -139.48


BRQSF's Net Margin % is ranked worse than
90.73% of 2761 companies
in the Software industry
Industry Median: 1.78 vs BRQSF: -139.48

Borqs Technologies Net Margin % Historical Data

The historical data trend for Borqs Technologies's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Borqs Technologies Net Margin % Chart

Borqs Technologies Annual Data
Trend Jun16 Jun17 Dec18 Dec19 Dec20 Dec21 Dec22
Net Margin %
Get a 7-Day Free Trial -55.88 -34.77 -132.71 -188.98 -64.78

Borqs Technologies Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -236.60 -154.11 -20.08 -109.45 -192.11

Competitive Comparison of Borqs Technologies's Net Margin %

For the Software - Application subindustry, Borqs Technologies's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Borqs Technologies's Net Margin % Distribution in the Software Industry

For the Software industry and Technology sector, Borqs Technologies's Net Margin % distribution charts can be found below:

* The bar in red indicates where Borqs Technologies's Net Margin % falls into.



Borqs Technologies Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Borqs Technologies's Net Margin for the fiscal year that ended in Dec. 2022 is calculated as

Net Margin=Net Income (A: Dec. 2022 )/Revenue (A: Dec. 2022 )
=-34.032/52.537
=-64.78 %

Borqs Technologies's Net Margin for the quarter that ended in Jun. 2023 is calculated as

Net Margin=Net Income (Q: Jun. 2023 )/Revenue (Q: Jun. 2023 )
=-28.801/14.992
=-192.11 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Borqs Technologies  (OTCPK:BRQSF) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Borqs Technologies Net Margin % Related Terms

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Borqs Technologies (Borqs Technologies) Business Description

Traded in Other Exchanges
N/A
Address
7 Shing Yip Street, Office B, 21st Floor, Legend Tower, Kwun Tong, Kowloon, HKG
Borqs Technologies Inc operates as a software development company. It is engaged in software, development services, and products providing customizable, differentiated, and scalable Android-based smart connected devices and cloud service solutions. The company's segment include Connected Solutions. Borqs derives most of its revenues from its Connected Solution which includes Software and Hardware. Its geographical segments include China, India, the United States, and the Rest of the World.
Executives
Bill Huang director 6190 CORNERSTONE COURT, SUITE 202, SAN DIEGO CA 92121
Asset Horizon International Ltd 10 percent owner FLAT C, 8/F., JONSIM PLACE, 228 QUEEN'S ROAD EAST, HONG KONG K3 000 000
Zhengqi International Holding Ltd 10 percent owner 40 WALL STREET, 28TH FL, NEW YORK NY 10005
George Thangadurai officer: EVP and President of Int Bus 6190 CORNERSTONE COURT, SAN DIEGO CA 92121
Simon Sun officer: EVP & Co-GM of Prod. Bus. Unit 6190 CORNERSTONE COURT, SUITE 202, SAN DIEGO CA 92121
Wong Joseph Wai Leung director 6190 CORNERSTONE COURT, SUITE 202, SAN DIEGO CA 92121
Gene Wuu officer: EVP & GM of Cloud Bus Unit 6190 CORNERSTONE COURT, SUITE 202, SAN DIEGO CA 92121
Hareesh Ramanna officer: EVP and GM of Cloud Bus Unit 6190 CORNERSTONE COURT, SUITE 202, SAN DIEGO CA 92121
Ye Eric Tao director 6190 CORNERSTONE COURT, SUITE 202, SAN DIEGO CA 92121
Pat Chan director, officer: Chair. of the Board, CEO & Pre UTSTARCOM, INC., 1275 HARBOR BAY PARKWAY, ALAMEDA CA 94502
Anthony K Chan officer: CFO, EVP Corp. Finance 32108 ALVARADO BLVD., UNIT 138, UNION CITY CA 94587
Intel Corp 10 percent owner 2200 MISSION COLLEGE BLVD, RNB-4-151, SANTA CLARA CA 95054
Bob Li officer: EVP Corp Affairs & China Sale 6190 CORNERSTONE COURT, SUITE 202, SAN DIEGO CA 92121
Norwest Venture Partners X L P 10 percent owner 525 UNIVERSITY AVE SUITE 800, PALO ALTO CA 94301
Jian Tu director, officer: President & Chairman 40 WALL STREET, 28TH FL, NEW YORK NY 10005