Boqii Holding Ltd balance sheet

At the end of fiscal 2026, Boqii Holding Ltd had total assets of $35.0m, total liabilities of $9.0m and shareholders' equity of $27.3m. It held $7.2m in cash against $4.6m of debt: net cash of $2.5m.

Balance sheet

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Boqii Holding Ltd: balance sheet, annual
Fiscal year	2019Mar 2019	2020Mar 2020	2021Mar 2021	2022Mar 2022	2023Mar 2023	2024Mar 2024	2025Mar 2025	2026Mar 2026
Cash and equivalents	4	12	45	26	13	10	5	7
Receivables	—	6	7	8	11	7	4	2
Inventory	—	9	14	17	12	8	6	4
Total current assets	—	39	106	91	59	39	31	28
Goodwill	0	6	6	6	0	—	—	—
Total assets	—	65	134	123	79	53	44	35
Accounts payable	—	12	11	15	8	3	3	1
Deferred revenue (current)	—	1	1	1	1	0	0	0
Total current liabilities	—	44	33	50	29	10	6	9
Short-term debt	—	11	13	25	13	2	1	2
Long-term debt	—	8	10	25	13	2	1	2
Total debt	0	18	37	51	25	4	2	5
Total liabilities	—	79	114	84	46	17	12	9
Shareholders' equity	−241	−283	13	31	26	30	26	27
Non-controlling interests and other (assets − liabilities − equity)	—	269	8	8	7	6	5	−1
Net debt (negative = net cash)	−4	6	−8	25	12	−6	−3	−3
Shares outstanding	—	445m	—	—	—	—	—	—

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

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Figures from Boqii Holding Ltd's SEC filings (10-K and 10-Q), retrieved November 2, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Boqii Holding Ltd.