BQ · CIK 0001815021 · FY2025 live · 2025-03-31
Boqii Holding Ltd
View as
Model
Z″
FY2025
−27.45
Zone
Distress
Prior
—
Market DD
—
1y PD
—
−27.45
Classic Z −10.96
Z″ −27.45 · distress below 1.10, grey to 2.60, safe above.
Z″ factor contributions
X1 Working capital / assets
Short-term liquidity. Carries more weight in Z″ than in classic Z.
0.566.56 × = 3.66X2 Retained earnings / assets
Cushion from years of profits. Share buybacks can push this negative at otherwise healthy firms.
−9.853.26 × = −32.12X3 EBIT / assets
Operating return on assets. Highest weight in Z″.
−0.196.72 × = −1.26X4 Book equity / liabilities
Book equity versus the liability stack. Sales / assets is omitted so asset-light names are not punished for turnover.
2.161.05 × = 2.27
Five-year path
Need two annual 10-Ks to draw a path. The desk will pull this issuer’s filings rather than invent a series.
Meridian Rank
12.36
0–100 · Z″ tape · not a PD
Book standing
2
Year change
—
Market PD
—
O-score
40
Events on this name
Same published rows as Today. Not a live recompute.
Market PD unavailable
watch · 41
Overview
rule-v1
Boqii Holding Ltd is on Z″ at −27.45 (distress) for FY2025, from an SEC 10-K. Retained earnings / assets is the line that sets the print. This is the first live year on the desk. No market tape loaded. Z″ drops sales/assets so asset-light names are not punished for turnover. X4 is book equity on every name.
Book screen Distress; market PD —. Tape not priced — not a single default call.
Market DD · naive Merton
No market tape yet.
Pull a year of closes (Yahoo, Nasdaq if Yahoo is limited) and size equity from Nasdaq cap or EDGAR shares. Distance-to-default and 1-year PD stay blank until then.
Sector peers
Closest Z″ scores · 3rd percentile in Consumer.
- LVODistressLiveOne, Inc.−25.24
- LOGCDistressContextLogic Holdings Inc.−24.78
- AMZEDistressAMAZE HOLDINGS, INC.−22.16
- LTCHDistressLatch, Inc.−21.56
- QPRCDistressQUEST PATENT RESEARCH CORP−33.60
- GWAVDistressGreenwave Technology Solutions, Inc.−34.44
- TOONDistressKartoon Studios, Inc.−35.49
- RENTDistressRent the Runway, Inc.−18.02
KPI widgets
Current assets
$31M
Total assets
$44M
Current liabilities
$6M
Total liabilities
$12M
Working capital
$24M
Retained earnings
−$429M
EBIT
−$8M
Total sales
$65M
Book equity
$26M
Accession 0001213900-25-065802. Live rank is the latest 10-K on EDGAR (FY2025, period 2025-03-31). Z″ is the live score. View as does not rewrite the live rank. X4 is book equity. Pulled 13 Sept 2026.