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Consolidated Balance Sheets
¥ in Thousands, $ in Thousands
Mar. 31, 2022
USD ($)
Mar. 31, 2022
CNY (¥)
Mar. 31, 2021
CNY (¥)
Current assets:      
Cash and cash equivalents $ 25,690 ¥ 162,855 ¥ 292,237
Short-term investments 20,205 128,084 168,546
Accounts receivable, net 7,766 49,231 45,732
Inventories, net 17,340 109,921 91,551
Prepayments and other current assets 18,415 116,738 85,261
Amounts due from related parties 1,850 11,726 11,465
Total current assets 91,266 578,555 694,792
Non-current assets:      
Property and equipment, net 1,227 7,779 8,386
Intangible assets 4,029 25,544 29,537
Operating lease right-of-use assets 6,084 38,567 29,234
Long-term investments 12,986 82,319 74,330
Goodwill 6,418 40,684 40,184
Other non-current asset 767 4,861 4,111
Total non-current assets 31,511 199,754 185,782
Total assets 122,777 778,309 880,574
Current liabilities      
Short-term borrowings (including amounts of the consolidated VIEs and VIEs' subsidiaries without recourse to the Company of RMB3,484 and RMB872 as of March 31, 2021 and 2022, respectively) 25,417 161,126 85,566
Accounts payable (including accounts payable of the consolidated VIEs and VIEs' subsidiaries without recourse to the Company of RMB29,940 and RMB55,144 as of March 31, 2021 and 2022, respectively, and intra-group payables due to the Group's entities of RMB409,939 and RMB605,803 as of March 31, 2021 and 2022, respectively) 14,863 94,224 71,848
Salary and welfare payable (including amounts of the consolidated VIEs and VIEs' subsidiaries without recourse to the Company of RMB4,851 and RMB5,597 as of March 31, 2021 and 2022, respectively) 1,084 6,871 6,309
Accrued liabilities and other current liabilities (including amounts of the consolidated VIEs and VIEs' subsidiaries without recourse to the Company of RMB24,536 and RMB25,786 as of March 31, 2021 and 2022, respectively, and intra-group payables due to the Group's entities of RMB201,173 and RMB340,157 as of March 31, 2021 and 2022, respectively) 4,310 27,324 30,055
Amounts due to related parties, current (including amounts of the consolidated VIEs and VIEs' subsidiaries without recourse to the Company of RMB910 and RMB4 as of March 31, 2021 and 2022, respectively) 35 219 910
Contract liabilities (including amounts of the consolidated VIEs and VIEs' subsidiaries without recourse to the Company of RMB3,706 and RMB7,007 as of March 31, 2021 and 2022, respectively) 1,105 7,007 3,866
Operating lease liabilities, current (including amounts of the consolidated VIEs and VIEs' subsidiaries without recourse to the Company of RMB6,058 and RMB7,238 as of March 31, 2021 and 2022, respectively) 1,578 10,001 8,063
Derivative liabilities (including amounts of the consolidated VIEs and VIEs' subsidiaries without recourse to the Company of nil as of March 31, 2021 and 2022, respectively) 1,433 9,086 9,996
Total current liabilities 49,825 315,858 216,613
Non-current liabilities      
Deferred tax liabilities (including amounts of the consolidated VIEs and VIEs' subsidiaries without recourse to the Company of RMB1,852 and RMB(1,369) as of March 31, 2021 and 2022, respectively) 765 4,847 8,958
Operating lease liabilities, non-current (including amounts of the consolidated VIEs and VIEs' subsidiaries without recourse to the Company of RMB19,997 and RMB28,197 as of March 31, 2021 and 2022, respectively) 4,448 28,197 19,997
Long-term borrowings (including amounts of the consolidated VIEs and VIEs' subsidiaries without recourse to the Company of RMB872 and nil as of March 31, 2021 and 2022, respectively) 68,075
Other debts, non-current (including amounts of the consolidated VIEs and VIEs' subsidiaries without recourse to the Company of RMB415,122 and RMB157,874 as of March 31, 2021 and 2022, respectively) 28,562 181,062 433,292
Total non-current liabilities 33,775 214,106 530,322
Total liabilities 83,600 529,964 746,935
Commitments and contingencies (Note 29)
Mezzanine equity:      
Redeemable non-controlling interests 1,029 6,522 5,946
Total mezzanine equity 1,029 6,522 5,946
Shareholders' equity:      
Additional paid-in capital 519,826 3,295,336 3,272,612
Statutory reserves 542 3,433 3,047
Accumulated other comprehensive loss (7,267) (46,069) (20,172)
Accumulated deficit (455,765) (2,889,233) (2,759,882)
Receivable for issuance of ordinary shares (25,988) (164,700) (413,377)
Total Boqii Holding Limited shareholders' equity 31,420 199,175 82,674
Non-controlling interests 6,728 42,648 45,019
Total shareholders' equity 38,148 241,823 127,693
Total liabilities, mezzanine equity and shareholders' equity 122,777 778,309 880,574
Class A Ordinary Shares [Member]      
Shareholders' equity:      
Common Stock Value 59 372 364
Class B Ordinary Shares [Member]      
Shareholders' equity:      
Common Stock Value $ 13 ¥ 82 ¥ 82