Boqii Holding Limited (BQ) - Net Assets
Based on the latest financial reports, Boqii Holding Limited (BQ) has net assets worth $220.53 Million USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($302.12 Million) and total liabilities ($81.59 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. Check Boqii Holding Limited asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $220.53 Million |
| % of Total Assets | 73.0% |
| Annual Growth Rate | N/A |
| 5-Year Change | 78.85% |
| 10-Year Change | N/A |
| Growth Volatility | 42.32 |
Boqii Holding Limited - Net Assets Trend (2019–2025)
This chart illustrates how Boqii Holding Limited's net assets have evolved over time, based on quarterly financial data. Also explore Boqii Holding Limited asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Boqii Holding Limited (2019–2025)
The table below shows the annual net assets of Boqii Holding Limited from 2019 to 2025. For live valuation and market cap data, see BQ stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | $228.38 Million | +4.43% |
| 2024-03-31 | $218.68 Million | -2.79% |
| 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 148455200000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $3.20 Million | 1.68% |
| Other Comprehensive Income | $-33.89 Million | -17.86% |
| Other Components | $3.34 Billion | 1757.53% |
| Total Equity | $189.81 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 |
|---|---|
|
Ecofin Global Utilities and Infrastructure Trust plc
LSE:EGL
|
$3.07 Million |
|
Centogene N.V.
NASDAQ:CNTGF
|
$3.07 Million |
|
Percheron Therapeutics Ltd
AU:PER
|
$3.08 Million |
|
Link Bilgisayar Sistemleri Yazilimi ve Donanimi Sanayi ve Ticaret AS
IS:LINK
|
$3.08 Million |
|
CBLT Inc
V:CBLT
|
$3.07 Million |
|
Dharani Sugars&Chemicals Limited
NSE:DHARSUGAR
|
$3.07 Million |
|
Searchlight Resources Inc
V:SCLT
|
$3.07 Million |
|
iMetal Resources Inc
V:IMR
|
$3.07 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 2024 to 2025, total equity changed from 218,681,000 to 189,805,000, a change of -28,876,000 (-13.2%).
- Net loss of 54,125,000 reduced equity.
- Share repurchases of 24,300,000 reduced equity.
- New share issuances of 14,517,000 increased equity.
- Other comprehensive income decreased equity by 33,893,000.
- Other factors increased equity by 68,925,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-54.12 Million | -28.52% |
| Share Repurchases | $24.30 Million | -12.8% |
| Share Issuances | $14.52 Million | +7.65% |
| Other Comprehensive Income | $-33.89 Million | -17.86% |
| Other Changes | $68.92 Million | +36.31% |
| Total Change | $- | -13.20% |
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: 0.00x
- 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 | $-5304.13 | $0.71 | x |
| 2020-03-31 | $-396.42 | $0.71 | x |
| 2021-03-31 | $275.40 | $0.71 | x |
| 2022-03-31 | $651.89 | $0.71 | x |
| 2023-03-31 | $582.50 | $0.71 | x |
| 2024-03-31 | $1.36 | $0.71 | x |
| 2025-03-31 | $157.45 | $0.71 | 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): -28.52%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -11.54%
- • Asset Turnover: 1.48x
- • Equity Multiplier: 1.67x
- Recent ROE (-28.52%) is above the historical average (-59.33%), 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% | -23.24% | 1.68x | 0.00x | $16.88 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 | -29.46% | -9.08% | 1.85x | 1.75x | $-86.30 Million |
| 2025 | -28.52% | -11.54% | 1.48x | 1.67x | $-73.11 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: $844,843,258
- Average return on equity (ROE) among peers: 35.51%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Boqii Holding Limited (BQ) | $220.53 Million | 0.00% | 0.37x | $3.07 Million |
| Able View Global Inc. Class B Ordinary Shares (ABLV) | $11.42 Million | 85.41% | 3.81x | $25.50 Million |
| Arhaus Inc (ARHS) | $3.03 Million | 248.25% | 87.69x | $323.15 Million |
| Arko Corp (ARKO) | $194.89 Million | -22.34% | 8.48x | $770.72 Million |
| Academy Sports Outdoors Inc (ASO) | $1.63 Billion | 38.57% | 1.82x | $3.26 Billion |
| BARK, Inc. (BARK) | $-75.40 Million | 0.00% | 0.00x | $73.19 Million |
| Build-A-Bear Workshop Inc (BBW) | $94.31 Million | -19.01% | 0.82x | $459.19 Million |
| Bath & Body Works Inc. (BBWI) | $2.27 Billion | 20.09% | 0.70x | $3.40 Billion |
| Best Buy Co. Inc (BBY) | $3.99 Billion | 13.34% | 2.51x | $12.78 Billion |
| Big 5 Sporting Goods Corporation (BGFV) | $-82.48 Million | 0.00% | 0.00x | $33.00 Million |
| Barnes & Noble Education Inc (BNED) | $417.75 Million | -9.16% | 1.77x | $250.98 Million |
About 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 an offline distribution network. It also provides cat litter, liners, bath products, dog and cat f… Read more