Skip to content
MARKETS / NYSE / BQ
NYSE · RETAIL-RETAIL STORES, NEC · SMALL CAP

Boqii Holding Ltd. BQ

8 fiscal years on record · CNY · FY2025 reported · SEC filings only
CNY 420.5M
▼ 10.3% YoY
CNY -5.1M
CNY -30.4M
In brief

What this company does

Boqii Holding Limited generates revenues primarily from transactions completed on its online sales platforms and by supplying products to physical pet stores it cooperates with. It had approximately 4.4 million active buyers for the year ended March 31, 2026. As of March 31, 2026, it offered approximately 22,915 SKUs from approximately 589 brands, including approximately 63 international brands. It had cooperated with over 15,000 physical pet stores and pet hospitals as of March 31, 2026 to further extend its product and service offerings to connect with users and customers in their neighborhoods. During the three years ended March 31, 2024, 2025 and 2026, it connected approximately 578 brand partners with pet parents in China, such as Royal Canin and Pedigree. It supplies branded products and private label products, mostly in bulk, to physical pet stores and pet hospitals at discounted prices. It has also introduced a proprietary SaaS solution, which provides inventory management, membership management, price information and other services, to offline stores. It developed its private label brands, Yoken and Mocare, in 2015 and 2018, respectively.

Written from the business description in BOQII HOLDING LIMITED's annual report to the U.S. Securities and Exchange Commission, filed 13 July 2026. Every sentence was checked against that document before publication.

Growth
CNY 420.5M
Revenue, FY2025 · full 8-year series below
Revenue CNY B Net income CNY B
FY2025 · Revenue 0.4 · Net income -0.0
0.40B0.80B-0.08B-0.16B20182019202020212022202320242025
Compound annual growth
−27.3%
−16.1%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at −16.1% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−0 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -7.1% · Net -0.4%
-10%-20%20182019202020212022202320242025
ROE
FY2025 · ROE -2.7%
-50%20182019202020212022202320242025

Each CNY of equity lost 3 cents this year.

Cash & shareholders
returned in FY2025 · dividends + net buybacks
Free cash flow CNY M
FY2025 · FCF -30.4
-100M-200M20182019202020212022202320242025

Total assetsCNY 241.8M
EquityCNY 188.0M
CashCNY 49.4M
Gross debtCNY 32.0M
Net debtCNY -17.4M
DepositsCNY 227,000.00

The company holds more cash than debt.

The 8-year record
8 fiscal years
Every figure from documents filed with the SEC · CNY

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 20252024202320222021202020192018
Revenue CNY B0.40.50.71.11.21.00.80.8
Operating income CNY B−0.0−0.1−0.1−0.1−0.1−0.2−0.1−0.2
EBITDA CNY B−0.0−0.1−0.1−0.1−0.1−0.2−0.1−0.2
Income tax CNY B0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0
Net income CNY B−0.0−0.1−0.1−0.1−0.1−0.2−0.2−0.2
Free cash flow CNY B−0.0−0.1−0.0−0.1−0.2−0.3−0.2−0.2
EPS, diluted CNY −1.47−45.60−102.40−240.40−1.90−1.29−17.31−28.22
Dividend / sh CNY ········
Payout %········
ROE %−2.7−26.5−32.1−54.5−91.1···
Shares out B······0.02·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Compare

This company against its peers

Provenance
Company facts, as filed
How we verify · 0 failures in 38 reconciliationsAUDITED

Reconciled in 8 of 19 fiscal years. 57 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityRetail-Retail Stores, NEC
Listed onNYSE
Incorporated inoutside the United States — SEC code E9
Fiscal year endsMarch 31
Data on record since2018

Share this section

Download image