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BRQSF Stock Analysis - Borqs Technologies, Inc. AI Rating

BRQSF OTC Services-Computer Integrated Systems Design D8 CIK: 0001650575
Recently Updated • Analysis: Mar 21, 2026 • SEC Data: 2018-09-30
SELL
75% Conf
Pending
Analysis scheduled

📊 BRQSF Key Takeaways

Revenue: $142.9M
Net Margin: 0.4%
Free Cash Flow: $5.8M
Current Ratio: 1.38x
Debt/Equity: 0.11x
EPS: $0.02
AI Rating: SELL with 75% confidence

Investment Thesis

Claude

While Borqs demonstrates strong top-line growth at 39% YoY, profitability metrics are severely compressed with a net margin of only 0.4% and minimal ROE/ROA returns. The extremely low cash position ($1.3M) relative to liabilities and capital intensity, combined with severely outdated financial data (2018), presents substantial liquidity risk and limits growth capacity.

BRQSF Strengths

Claude
  • + Strong revenue growth of 39% YoY demonstrates market demand
  • + Positive operating cash flow of $6.0M and healthy free cash flow of $5.8M
  • + Conservative debt levels with debt/equity ratio of 0.11x

BRQSF Risks

Claude
  • ! Net margin of 0.4% with minimal profitability despite scale
  • ! Critically low cash position of $1.3M relative to $78.5M liabilities creates solvency risk
  • ! Financial data is severely outdated (September 2018) - over 5 years old with no current information
  • ! Operating margin of only 3.3% indicates structural profitability challenges
  • ! Zero insider activity in last 90 days raises governance concerns

Key Metrics to Watch

Claude
  • * Current cash balance and liquidity trends
  • * Net margin expansion and path to sustainable profitability
  • * Revenue quality and sustainability of 39% growth rate

BRQSF Financial Metrics

Revenue
$142.9M
Net Income
$521.0K
EPS (Diluted)
$0.02
Free Cash Flow
$5.8M
Total Assets
$127.8M
Cash Position
$1.3M

💡 AI Analyst Insight

The relatively thin 4.1% FCF margin may limit capital allocation flexibility.

BRQSF Profitability Ratios

Gross Margin 14.3%
Operating Margin 3.3%
Net Margin 0.4%
ROE 1.1%
ROA 0.4%
FCF Margin 4.1%

BRQSF vs Technology Sector

How Borqs Technologies, Inc. compares to Technology sector averages

Net Margin
BRQSF 0.4%
vs
Sector Avg 18.0%
BRQSF Sector
ROE
BRQSF 1.1%
vs
Sector Avg 22.0%
BRQSF Sector
Current Ratio
BRQSF 1.4x
vs
Sector Avg 2.5x
BRQSF Sector
Debt/Equity
BRQSF 0.1x
vs
Sector Avg 0.5x
BRQSF Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

BRQSF Balance Sheet & Liquidity

Current Ratio
1.38x
Quick Ratio
1.20x
Debt/Equity
0.11x
Debt/Assets
61.4%
Interest Coverage
1.98x
Long-term Debt
$5.6M

BRQSF 5-Year Financial Trend

BRQSF 5-year financial data: Year 2017: Revenue $154.3M, Net Income $2.1M, EPS $-0.07.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Borqs Technologies, Inc.'s revenue has remained relatively flat over the 5-year period, with a 0% decline. The most recent EPS of $-0.07 indicates the company is currently unprofitable.

BRQSF Growth Metrics (YoY)

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
4.1%
Free cash flow / Revenue

BRQSF Quarterly Performance

Quarterly financial performance data for Borqs Technologies, Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2018 $28.3M $521.0K $0.02
Q2 2018 $22.1M -$215.0K $0.07
Q1 2018 $21.7M $18.0K $0.04
Q3 2017 $15.1M -$112.2K $-0.14

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

BRQSF Capital Allocation

Operating Cash Flow
$6.0M
Cash generated from operations
Stock Buybacks
$10.1M
Shares repurchased (TTM)
Capital Expenditures
$156.0K
Investment in assets
Dividends
None
No dividend program

BRQSF SEC Filings

Access official SEC EDGAR filings for Borqs Technologies, Inc. (CIK: 0001650575)

📋 Recent SEC Filings

Date Form Document Action
Dec 6, 2022 SC 13G d363461dsc13g.htm View →
Apr 1, 2022 SC 13G sc13g.htm View →
Jul 2, 2021 SC 13G tm2121357d1_sc13g.htm View →
Feb 11, 2021 SC 13D lmfa-sc13d.htm View →
Apr 30, 2020 4 xslF345X03/ownership.xml View →

Frequently Asked Questions about BRQSF

What is the AI rating for BRQSF?

Borqs Technologies, Inc. (BRQSF) has an AI rating of SELL with 75% confidence, based on fundamental analysis of SEC EDGAR filings.

What are BRQSF's key strengths?

Claude: Strong revenue growth of 39% YoY demonstrates market demand. Positive operating cash flow of $6.0M and healthy free cash flow of $5.8M.

What are the risks of investing in BRQSF?

Claude: Net margin of 0.4% with minimal profitability despite scale. Critically low cash position of $1.3M relative to $78.5M liabilities creates solvency risk.

What is BRQSF's revenue and growth?

Borqs Technologies, Inc. reported revenue of $142.9M.

Does BRQSF pay dividends?

Borqs Technologies, Inc. does not currently pay dividends.

Where can I find BRQSF SEC filings?

Official SEC filings for Borqs Technologies, Inc. (CIK: 0001650575) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is BRQSF's EPS?

Borqs Technologies, Inc. has a diluted EPS of $0.02.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Mar 21, 2026 | Data as of: 2018-09-30 | Powered by Claude AI