QNA Technology (WAR:QNA) ROE %: -92.90% (As of Mar. 2026)


WAR:QNA QNA Technology SA WAR:QNA
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What is QNA Technology ROE %?

QNA Technology WAR:QNA -0.24% 9 ROE % is -92.90% as of Mar. 2026. GuruFocus rates WAR:QNA with a GF Score™ of 9/100. The stock has 1 warning sign investors should review. Among 1,002 Semiconductors companies, QNA Technology ranks worse than 95.91% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. QNA Technology's annualized net income for the quarter that ended in Mar. 2026 was zł-13.01 Mil. QNA Technology's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was zł14.00 Mil. Therefore, QNA Technology's annualized ROE % for the quarter that ended in Mar. 2026 was -92.90%.

The historical rank and industry rank for QNA Technology's ROE % or its related term are showing as below:

WAR:QNA' s ROE % Range Over the Past 10 Years
Min: -107.87   Med: -69.56   Max: -49.32
Current: -62.28

During the past 4 years, QNA Technology's highest ROE % was -49.32%. The lowest was -107.87%. And the median was -69.56%.

WAR:QNA's ROE % is ranked worse than
95.91% of 1002 companies
in the Semiconductors industry
Industry Median: 4.55 vs WAR:QNA: -62.28

QNA Technology  (WAR:QNA) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=-13.008/14.0015
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-13.008 / 0.144)*(0.144 / 17.7355)*(17.7355 / 14.0015)
=Net Margin %*Asset Turnover*Equity Multiplier
=-9033.33 %*0.0081*1.2667
=ROA %*Equity Multiplier
=-73.17 %*1.2667
=-92.90 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=-13.008/14.0015
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-13.008 / -13.156) * (-13.156 / -13.496) * (-13.496 / 0.144) * (0.144 / 17.7355) * (17.7355 / 14.0015)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9888 * 0.9748 * -9372.22 % * 0.0081 * 1.2667
=-92.90 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


QNA Technology ROE % Related Terms


QNA Technology ROE % Historical Data

* Premium members only.

The historical data trend for QNA Technology's ROE % 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.

QNA Technology ROE % Chart

QNA Technology Annual Data
Trend Dec21 Dec22 Dec23 Dec24
ROE %
-49.32 -88.49 -50.63 -107.87

QNA Technology Quarterly Data
Dec21 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Mar26
ROE % 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 -159.45 -126.15 -83.47 -77.27 -92.90

WAR:QNA vs NVDA, AVGO, MU: ROE % Comparison

For the Semiconductors subindustry, QNA Technology's ROE %, along with its competitors' market caps and ROE % 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.


QNA Technology ROE % vs Semiconductors Industry

For the Semiconductors industry and Technology sector, QNA Technology's ROE % distribution charts can be found below:

* The bar in red indicates where QNA Technology's ROE % falls into.


WAR:QNA
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QNA Technology SA WAR:QNA
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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QNA Technology ROE % Calculation

QNA Technology's annualized ROE % for the fiscal year that ended in Dec. 2024 is calculated as

ROE %=Net Income (A: Dec. 2024 )/( (Total Stockholders Equity (A: Dec. 2023 )+Total Stockholders Equity (A: Dec. 2024 ))/ count )
=-9.753/( (13.198+4.885)/ 2 )
=-9.753/9.0415
=-107.87 %

QNA Technology's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Sep. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=-13.008/( (10.89+17.113)/ 2 )
=-13.008/14.0015
=-92.90 %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of -92.90% mean?
QNA Technology (WAR:QNA) has a ROE % of -92.90% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on QNA Technology and its competitors. According to the industry distribution chart, QNA Technology ranks #961 out of 1002 companies in the Semiconductors industry, placing it in the top 95.9%.
Is QNA Technology's ROE % too high?
QNA Technology's current ROE % is -92.90%. Based on the distribution chart, QNA Technology ranks #961 out of 1002 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, QNA Technology has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does QNA Technology's ROE % compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, QNA Technology ranks #961 out of 1002 companies for ROE %. This places QNA Technology in the lower half of its industry. The industry median ROE % is 4.55. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Semiconductors company?
The median ROE % among Semiconductors companies is 4.55, based on 1,002 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on QNA Technology and its competitors. For the Semiconductors industry, the median ROE % is 4.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. QNA Technology's current ROE % is -92.90%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is QNA Technology stock overvalued right now?
QNA Technology (WAR:QNA) has a current ROE % of -92.90%. The current ROE % is -92.90%. QNA Technology's overall GF Score™ is 9/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For QNA Technology (WAR:QNA), the current ROE % is -92.90% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

QNA Technology Business Description

Address Dunska 9, Building. Delta, Wroclaw, POL, 54-427
QNA Technology SA is a company that implements nanomaterials to the industry in order to develop innovative technologies. They select the composition of their materials and the type of technology to eliminate their negative impact on the environment. Their materials do not contain heavy metals or deficient elements. It strive to ensure that our materials reduce energy consumption in optoelectronic devices.
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ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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