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Consolidated Balance Sheets
¥ in Thousands, $ in Thousands
Mar. 31, 2023
CNY (¥)
Mar. 31, 2023
USD ($)
Mar. 31, 2022
CNY (¥)
Current assets:      
Cash and cash equivalents ¥ 89,850 $ 13,083 ¥ 162,855
Short-term investments 69,797 10,163 128,084
Accounts receivable, net 76,742 11,175 49,231
Inventories, net 81,052 11,802 109,921
Prepayments and other current assets 79,359 11,556 116,738
Amounts due from related parties 9,379 1,366 11,726
Total current assets 406,179 59,145 578,555
Non-current assets:      
Property and equipment, net 5,492 800 7,779
Intangible assets 21,594 3,144 25,544
Operating lease right-of-use assets 22,354 3,255 38,567
Long-term investments 75,607 11,010 82,319
Goodwill 0   40,684
Amounts due from related parties, non-current 2,988 435  
Other non-current asset 6,586 959 4,861
Total non-current assets 134,621 19,603 199,754
Total assets 540,800 78,748 778,309
Current liabilities      
Short-term borrowings (including amounts of the consolidated VIEs and VIEs' subsidiaries without recourse to the Company of RMB872 and RMB363 as of March 31, 2022 and 2023, respectively) 86,261 12,561 161,126
Accounts payable (including accounts payable of the consolidated VIEs and VIEs' subsidiaries without recourse to the Company of RMB55,144 and RMB13,459 as of March 31, 2022 and 2023, respectively) 56,022 8,157 94,224
Salary and welfare payable (including amounts of the consolidated VIEs and VIEs' subsidiaries without recourse to the Company of RMB5,597 and RMB5,573 as of March 31, 2022 and 2023, respectively) 6,890 1,003 6,871
Accrued liabilities and other current liabilities (including amounts of the consolidated VIEs and VIEs' subsidiaries without recourse to the Company of RMB24,417 and RMB15,712 as of March 31, 2022 and 2023, respectively) 22,104 3,219 27,324
Amounts due to related parties, current (including amounts of the consolidated VIEs and VIEs' subsidiaries without recourse to the Company of RMB4 and RMB21 as of March 31, 2022 and 2023, respectively) 471 69 219
Contract liabilities (including amounts of the consolidated VIEs and VIEs' subsidiaries without recourse to the Company of RMB7,007 and RMB4,471 as of March 31, 2022 and 2023, respectively) 4,471 651 7,007
Operating lease liabilities, current (including amounts of the consolidated VIEs and VIEs' subsidiaries without recourse to the Company of RMB7,238 and RMB9,207 as of March 31, 2022 and 2023, respectively) 9,220 1,343 10,001
Derivative liabilities (including amounts of the consolidated VIEs and VIEs' subsidiaries without recourse to the Company of nil as of March 31, 2022 and 2023, respectively) 10,701 1,558 9,086
Total current liabilities 196,140 28,561 315,858
Non-current liabilities      
Deferred tax liabilities (including amounts of the consolidated VIEs and VIEs' subsidiaries without recourse to the Company of nil as of March 31, 2022 and 2023, respectively) 4,141 603 4,847
Operating lease liabilities, non-current (including amounts of the consolidated VIEs and VIEs' subsidiaries without recourse to the Company of RMB28,197 and RMB12,741 as of March 31, 2022 and 2023, respectively) 12,741 1,855 28,197
Other debts, non-current (including amounts of the consolidated VIEs and VIEs' subsidiaries without recourse to the Company of RMB157,874 and RMB 75,481 as of March 31, 2022 and 2023, respectively) 102,827 14,973 181,062
Total non-current liabilities 119,709 17,431 214,106
Total liabilities 315,849 45,992 529,964
Commitments and contingencies (Note 28)
Mezzanine equity:      
Redeemable non-controlling interests 7,197 1,048 6,522
Total mezzanine equity 7,197 1,048 6,522
Shareholders' equity:      
Additional paid-in capital 3,287,696 478,727 3,295,336
Statutory reserves 3,876 564 3,433
Accumulated other comprehensive loss (37,189) (5,415) (46,069)
Accumulated deficit (2,993,150) (435,836) (2,889,233)
Receivable for issuance of ordinary shares (83,400) (12,145) (164,746)
Total Boqii Holding Limited shareholders' equity 178,283 25,961 199,175
Non-controlling interests 39,471 5,747 42,648
Total shareholders' equity 217,754 31,708 241,823
Total liabilities, mezzanine equity and shareholders' equity 540,800 78,748 778,309
Class A Ordinary Shares [Member]      
Shareholders' equity:      
Common Stock Value 373 54 372
Class B Ordinary Shares [Member]      
Shareholders' equity:      
Common Stock Value ¥ 82 $ 12 ¥ 82