Boqii Holding Limited Stock Return On Asset
| BQ Stock | USD 0.40 0.02 4.76% |
Boqii Holding Limited fundamentals help investors to digest information that contributes to Boqii Holding's financial success or failures. It also enables traders to predict the movement of Boqii Stock. The fundamental analysis module provides a way to measure Boqii Holding's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Boqii Holding stock.
As of 12/04/2024, Return On Assets is likely to drop to -0.17. Boqii | Return On Asset |
Boqii Holding Limited Company Return On Asset Analysis
Boqii Holding's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Boqii Holding Return On Asset | -0.0814 |
Most of Boqii Holding's fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Boqii Holding Limited is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Boqii Return On Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Boqii Holding is extremely important. It helps to project a fair market value of Boqii Stock properly, considering its historical fundamentals such as Return On Asset. Since Boqii Holding's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Boqii Holding's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Boqii Holding's interrelated accounts and indicators.
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Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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Boqii Total Assets
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Based on the latest financial disclosure, Boqii Holding Limited has a Return On Asset of -0.0814. This is 107.47% lower than that of the Broadline Retail sector and 103.39% lower than that of the Consumer Discretionary industry. The return on asset for all United States stocks is 41.86% lower than that of the firm.
Boqii Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Boqii Holding's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Boqii Holding could also be used in its relative valuation, which is a method of valuing Boqii Holding by comparing valuation metrics of similar companies.Boqii Holding is currently under evaluation in return on asset category among its peers.
Boqii Holding Current Valuation Drivers
We derive many important indicators used in calculating different scores of Boqii Holding from analyzing Boqii Holding's financial statements. These drivers represent accounts that assess Boqii Holding's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Boqii Holding's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 4.7B | 3.3B | 256.4M | 119.3M | 12.0M | 11.4M | |
| Enterprise Value | 5.0B | 3.6B | 473.9M | 240.5M | 5.6M | 5.4M |
Boqii Fundamentals
| Return On Equity | -0.28 | ||||
| Return On Asset | -0.0814 | ||||
| Profit Margin | (0.09) % | ||||
| Operating Margin | (0.09) % | ||||
| Current Valuation | 3.63 M | ||||
| Shares Outstanding | 9.85 M | ||||
| Shares Owned By Institutions | 2.36 % | ||||
| Number Of Shares Shorted | 43.33 K | ||||
| Price To Book | 0.15 X | ||||
| Price To Sales | 0.01 X | ||||
| Revenue | 709.35 M | ||||
| Gross Profit | 242.73 M | ||||
| EBITDA | (53.8 M) | ||||
| Net Income | (63.66 M) | ||||
| Cash And Equivalents | 162.85 M | ||||
| Cash Per Share | 16.19 X | ||||
| Total Debt | 15.21 M | ||||
| Debt To Equity | 1.54 % | ||||
| Current Ratio | 1.80 X | ||||
| Book Value Per Share | 47.68 X | ||||
| Cash Flow From Operations | (25.43 M) | ||||
| Short Ratio | 0.04 X | ||||
| Earnings Per Share | (1.33) X | ||||
| Target Price | 16.9 | ||||
| Number Of Employees | 241 | ||||
| Beta | 1.03 | ||||
| Market Capitalization | 5.61 M | ||||
| Total Asset | 383.21 M | ||||
| Retained Earnings | (3.06 B) | ||||
| Working Capital | 206.21 M | ||||
| Net Asset | 383.21 M |
About Boqii Holding Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Boqii Holding Limited's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Boqii Holding using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Boqii Holding Limited based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Boqii Holding
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Boqii Holding position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Boqii Holding will appreciate offsetting losses from the drop in the long position's value.Moving together with Boqii Stock
Moving against Boqii Stock
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| 0.31 | MELI | MercadoLibre | PairCorr |
The ability to find closely correlated positions to Boqii Holding could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Boqii Holding when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Boqii Holding - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Boqii Holding Limited to buy it.
The correlation of Boqii Holding is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Boqii Holding moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Boqii Holding Limited moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Boqii Holding can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Boqii Stock Analysis
When running Boqii Holding's price analysis, check to measure Boqii Holding's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Boqii Holding is operating at the current time. Most of Boqii Holding's value examination focuses on studying past and present price action to predict the probability of Boqii Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Boqii Holding's price. Additionally, you may evaluate how the addition of Boqii Holding to your portfolios can decrease your overall portfolio volatility.