Boqii Holding Limited (BQ) — Tangible Net Worth Ratio

Latest as of September 2024: 93.1%

Boqii Holding Limited (BQ) has a Tangible Net Worth Ratio of 93.1% as of September 2024. This metric is calculated by deducting intangible assets ($17.91 Million) from net assets ($260.88 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore Boqii Holding Limited equity growth rate to track the company's year-over-year net asset growth rate.

Tangible NW Ratio

93.1%
Tangible equity / total equity

Net Assets (Equity)

$260.88 Million
USD

Intangible Assets

$17.91 Million
Goodwill, patents, brand value

Total Assets

$383.21 Million
USD

Boqii Holding Limited Tangible Net Worth Ratio (2021–2024)

This chart shows how Boqii Holding Limited's Tangible Net Worth Ratio has changed across 4 annual periods from 2021 to 2024. As of September 2024, the ratio stands at 93.1%, reflecting net assets of $260.88 Million with intangible assets of $17.91 Million USD. For live market cap and overall valuation, see market cap of Boqii Holding Limited.

Annual Tangible Net Worth Ratio for Boqii Holding Limited (2021–2024)

The table below presents the year-by-year Tangible Net Worth Ratio for Boqii Holding Limited from 2021 to 2024, covering 4 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. See BQ FCF generation index to measure how efficiently the company converts operating cash flow to free cash.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2024 93.1% $260.88 Million $17.91 Million $383.21 Million ▲ +2.7 pp
2023 90.4% $224.95 Million $21.59 Million $540.80 Million ▲ +0.7 pp
2022 89.7% $248.34 Million $25.54 Million $778.31 Million ▲ +12.8 pp
2021 76.9% $127.69 Million $29.54 Million $880.57 Million
pp = percentage points