Event-Driven Stocks

Borqs Technologies, Inc.

BRQSFOTC

Technology · Services-Computer Integrated Systems Design · D8 · SEC filings ↗ · Compare ⊕

View price & chart on Yahoo Finance ↗
Signs● 2 good● 4 warning● 2 severedetails ↓

Financials

SEC XBRL · annual
 FY17FY16FY15
Revenue$154.3M$120.6M$75.1M
Operating income−$7.9M$5.2M$713,000
Net income−$12.5M$3.2M$2.1M
Total assets$148.8M$78.0M—
Total liabilities$101.7M$64.5M—
Equity$47.1M−$55.4M−$55.4M
EPS (diluted)$-1.51$0.00$-0.07
Shares out.7.1M7.7M4.2M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2017
Operating margin
−5.1%
Net margin
−8.1%
Return on equity
−26.5%
Return on assets
−8.4%
Return on capital (ROCE)
−14.1%
Liabilities / assets
68.4%
Debt / equity
2.16×
Book value / share
$6.66
Revenue growth (YoY)
28.0%
Net income growth (YoY)
−487.1%

Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.

Financial health

forensic scores · FY2017
Altman Z″ (distress)
-0.32distress
Accruals / assets
1.6%clean
Beneish M-Score
-1.42elevated
Piotroski F-Score
3/9weak

Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.

Quality score

EDS Score
33
/ 100
Profitability 0Growth 50Catalyst 33Earnings quality 33Financial strength 50

Our own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →

Signs

● 2 severe● 4 warning● 2 good
  • Altman Z″ in the distress zone
  • Filed a late-filing notice (Form NT) — missed an SEC deadline
  • Operating losses (negative operating margin)
  • Reported a net loss
  • Negative operating cash flow
  • Beneish M-Score elevated — earnings-manipulation screen flag
  • Revenue is growing year-over-year
  • Clean earnings (low accruals)

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

Risk flags

late SEC filings

A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.

Short interest

FINRA · bi-monthly
SettlementShares shortDays to coverΔ vs prior
May 15, 202622,2361.0-23.7%
Apr 30, 202629,1266.3-5.3%
Apr 15, 202630,7491.0+77.5%
Mar 31, 202617,3241.0+147.0%
Mar 13, 20267,0151.0-17.5%

Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.

Material events

SEC Form 8-K · most recent

Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.

Recent SEC filings

All filings ↗

Event-driven situations (1)

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