Boqii Holding Limited
Boqii Holding Limited operates as a pet-focused online retail business in the People's Republic of China. The company offers food, treats, shampoos, cages, toys, apparel, OTC veterinary drugs, and other pet products to pet parents, and small and medium pet businesses through e-commerce platforms and offline distribution network. It also provides cat litter, liners, bath products, dog food, cat fo… Read more
Boqii Holding Limited (BQ) - Net Assets
Latest net assets as of September 2024: $260.88 Million USD
Based on the latest financial reports, Boqii Holding Limited (BQ) has net assets worth $260.88 Million USD as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($383.21 Million) and total liabilities ($122.33 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $260.88 Million |
| % of Total Assets | 68.08% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 44.23 |
Boqii Holding Limited - Net Assets Trend (2019–2024)
This chart illustrates how Boqii Holding Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Boqii Holding Limited (2019–2024)
The table below shows the annual net assets of Boqii Holding Limited from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-03-31 | $260.88 Million | +15.97% |
| 2023-03-31 | $224.95 Million | -9.42% |
| 2022-03-31 | $248.34 Million | +94.49% |
| 2021-03-31 | $127.69 Million | +106.52% |
| 2020-03-31 | $-1.96 Billion | -21.05% |
| 2019-03-31 | $-1.62 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Boqii Holding Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 142958600000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $3.28 Billion | 1499.48% |
| Total Equity | $218.68 Million | 100.00% |
Boqii Holding Limited Competitors by Market Cap
The table below lists competitors of Boqii Holding Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Foxx Development Holdings Inc.
NASDAQ:FOXX
|
$5.62 Million |
|
Global Vectra Helicorp Limited
NSE:GLOBALVECT
|
$5.62 Million |
|
INCOME ASSET MNG.GRP.LTD.
F:C1R
|
$5.62 Million |
|
Oracle Power PLC
F:9OC
|
$5.62 Million |
|
Amos Luzon Development and Energy Group Ltd
TA:LUZN
|
$5.61 Million |
|
HYDROGENONE C.G. LS -01
F:65U
|
$5.61 Million |
|
Newpoint Financial Corp.
PINK:NPFC
|
$5.61 Million |
|
Imagine Lithium Inc
V:ILI
|
$5.61 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Boqii Holding Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 178,283,000 to 218,681,000, a change of 40,398,000 (22.7%).
- Net loss of 63,664,000 reduced equity.
- New share issuances of 35,920,000 increased equity.
- Other comprehensive income increased equity by 33,313,000.
- Other factors increased equity by 34,829,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-63.66 Million | -29.11% |
| Share Issuances | $35.92 Million | +16.43% |
| Other Comprehensive Income | $33.31 Million | +15.23% |
| Other Changes | $34.83 Million | +15.93% |
| Total Change | $- | 22.66% |
Book Value vs Market Value Analysis
This analysis compares Boqii Holding Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.03x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-03-31 | $-328.43 | $1.14 | x |
| 2020-03-31 | $-405.27 | $1.14 | x |
| 2021-03-31 | $18.36 | $1.14 | x |
| 2022-03-31 | $43.46 | $1.14 | x |
| 2023-03-31 | $38.84 | $1.14 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Boqii Holding Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -29.11%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -8.97%
- • Asset Turnover: 1.85x
- • Equity Multiplier: 1.75x
- Recent ROE (-29.11%) is above the historical average (-64.40%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 0.00% | -29.14% | 3.41x | 0.00x | $-71.93 Million |
| 2020 | 0.00% | -22.77% | 1.68x | 0.00x | $24.87 Million |
| 2021 | -235.19% | -19.23% | 1.15x | 10.65x | $-202.71 Million |
| 2022 | -64.46% | -10.82% | 1.52x | 3.91x | $-148.31 Million |
| 2023 | -57.66% | -9.41% | 2.02x | 3.03x | $-120.63 Million |
| 2024 | -29.11% | -8.97% | 1.85x | 1.75x | $-85.53 Million |
Industry Comparison
This section compares Boqii Holding Limited's net assets metrics with peer companies in the Specialty Retail industry.
Industry Context
- Industry: Specialty Retail
- Average net assets among peers: $866,355,577
- Average return on equity (ROE) among peers: 86.93%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Boqii Holding Limited (BQ) | $260.88 Million | 0.00% | 0.47x | $5.61 Million |
| Able View Global Inc. Class B Ordinary Shares (ABLV) | $7.74 Million | 76.78% | 1.27x | $8.70 Million |
| Alimentation Couchen Tard Inc A (ANCTF) | $3.22 Billion | 17.81% | 2.28x | $37.28 Billion |
| Arhaus Inc (ARHS) | $3.03 Million | 248.25% | 87.69x | $382.69 Million |
| Arko Corp (ARKO) | $194.89 Million | -22.34% | 8.48x | $238.69 Million |
| Academy Sports Outdoors Inc (ASO) | $857.04 Million | 2.50% | 2.78x | $3.28 Billion |
| BARK, Inc. (BARK) | $203.74 Million | -15.41% | 0.25x | $89.87 Million |
| Build-A-Bear Workshop Inc (BBW) | $88.73 Million | 0.29% | 2.35x | $438.23 Million |
| Bath & Body Works Inc. (BBWI) | $2.27 Billion | 20.34% | 0.80x | $4.13 Billion |
| Best Buy Co. Inc (BBY) | $1.82 Billion | 21.73% | 1.66x | $12.17 Billion |
| Big 5 Sporting Goods Corporation (BGFV) | $3.67 Million | 519.38% | 69.22x | $29.90 Million |