Boqii Holding (BQ) Net Margin (2019 - 2023)
Boqii Holding (BQ) posted quarterly Net Margin of 14.72% for Q1 2023, down 1472.0% year-over-year from 1.07% in Q1 2022, and down 117.31% quarter-over-quarter from 85.03% in Q3 2022.
Boqii Holding (BQ) Net Margin (2019 - 2023) Analysis & Trends
Boqii Holding (BQ) has reported Net Margin for 5 consecutive years, with 14.72% the latest figure, recorded in Q1 2023.
- In Q1 2023, Net Margin fell 1472.0% year-over-year to 14.72%; the TTM figure through Mar 2023 stood at 0.05% (changed 0.0% YoY), while the FY2026 annual figure was 44.71%, up 5644.0% from the prior year.
- Net Margin slipped to 14.72% in Q1 2023 per BQ's latest filing, from 85.03% in the prior quarter.
- Across five years, Net Margin topped out at 85.03% in Q3 2022 and bottomed at 67.79% in Q3 2019.
- Historically, Net Margin has averaged 1.25% across 5 years, with a median of 12.16% in 2020.
- Annual changes were most pronounced in 2021 — Net Margin soared 7391 bps — and 2023, when it tumbled 1472 bps.
- Boqii Holding's Net Margin stood at 23.94% in 2019, then surged by 60 bps to 9.6% in 2020, then jumped by 610 bps to 49.01% in 2021, then jumped by 74 bps to 85.03% in 2022, then slumped by 117 bps to 14.72% in 2023.
- Business Quant data shows BQ's Net Margin at 14.72% in Q1 2023, 85.03% in Q3 2022, and 62.05% in Q2 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caseys General Stores | 30.70 Bn | 30.18 Bn | 1.08 Bn | 3.56% |
| 2 | Williams Sonoma | 28.62 Bn | 27.60 Bn | 1.10 Bn | 15.61% |
| 3 | Ulta Beauty | 22.58 Bn | 22.36 Bn | 1.27 Bn | 10.81% |
| 4 | Tractor Supply | 18.35 Bn | 18.12 Bn | 1.68 Bn | 7.94% |
| 5 | Best Buy | 18.03 Bn | 16.28 Bn | 2.10 Bn | 3.09% |
| 6 | Dick'S Sporting Goods | 15.93 Bn | 14.93 Bn | 1.68 Bn | 6.19% |
| 7 | Five Below | 13.08 Bn | 11.97 Bn | 478.64 Mn | 9.57% |
| 8 | Murphy USA | 10.51 Bn | 10.33 Bn | 746.50 Mn | 3.07% |
| 9 | Bath & Body Works | 4.08 Bn | 3.13 Bn | 1.24 Bn | 14.79% |
| 10 | Boqii Holding | 3.87 Mn | -3.32 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2023 | -14.72% |
| Sep 30, 2022 | 85.03% |
| Jun 30, 2022 | 62.05% |
| Mar 31, 2022 | 0.00% |
| Dec 31, 2021 | 49.01% |
| Sep 30, 2021 | 35.63% |
| Jun 30, 2021 | 36.05% |
| Mar 31, 2021 | -17.69% |
| Dec 31, 2020 | -9.60% |
| Sep 30, 2020 | -29.67% |
| Jun 30, 2020 | -37.86% |
| Mar 31, 2020 | -49.06% |
| Dec 31, 2019 | -23.94% |
| Sep 30, 2019 | -67.79% |