Discounted Cash Flow

Boqii Holding Ltd. ADR

BQ · Based on 10 years of SEC filings · Converted from CNY to USD

DCF estimate unavailable — No positive free cash flow in recent history — company has not generated positive FCF

Average annual growth rates

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income
Dividends

Average annual growth is the mean year-over-year change across each period.

Endpoint CAGR (better for long term trend)

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income

Endpoint CAGR is the compound annual rate from the first to last year in each period.

Projections use average year-over-year growth. Change this in Settings.

Projected growth rate

Free cash flow growth
10-year: — 5-year: — 3-year: —
Averaged growth (FCF & NI)
10-year: — 5-year: — 3-year: —
Net income growth
10-year: — 5-year: — 3-year: —
Sales growth (not added to calculations)
10-year: — 5-year: — 3-year: —

Click a greyed-out slider to switch metrics. Slide between the 10-year, 5-year, and 3-year historic growth rates for FCF, net income, or their average.

%
%

Historical inputs (10 fiscal years)

YEAR Sales Net Income Free Cash Flow Net Margin EPS (diluted)
2019 $803.8m $403.1k $-30.9m 0.1% $-10.41
2020 $770.2m (-4.2%) $458.9k (13.8%) $-24.8m (19.7%) 0.1% (18.8%) $-7.91 (24.0%)
2021 $154.3m (-80.0%) $27.8k (-94.0%) $-37.7m (-52.0%) 0.0% (-69.8%) $-0.44 (94.4%)
2022 $1.2b (668.9%) $-658.2k (-2470.6%) $-22.4m (40.7%) -0.1% (-408.3%) $-1.95 (-343.4%)
2023 $1.1b (-8.0%) $-471.7k (28.3%) $-8.3m (62.9%) -0.0% (22.1%) $-1.54 (21.2%)
2024 $709.4m (-35.0%) $-777.1k (-64.7%) $-3.9m (53.5%) -0.1% (-153.6%) $-0.64 (58.4%)
2025 $468.9m (-33.9%) $-663.8k (14.6%) $-10.4m (-170.2%) -0.1% (-29.2%) $-0.30 (52.5%)

Base FCF: (latest fiscal year)

Discount rate: %

Terminal growth:

Projection period: years

Alt A decline yrs:

Alt B total yrs:

SEC filings report in CNY. Values above are converted to USD for comparison with the US-listed share price.

Projected cash flows

Year Projected cash flow Discount Factor Present Value

PV of projected FCF:

Terminal FCF:

Terminal value:

PV of terminal value:

Enterprise value (DCF):

DCF price per share:

Current price:

Alternative DCF Models

Model Fair Value Upside PV(FCFs) PV(Terminal) Total Years
Standard (10yr→TV) 10 + TV
Alt A (Gradual Decline)
Alt B (30yr Hard Stop) N/A

This is a simplified DCF model for illustration. It uses reported free cash flow, a single growth assumption, fixed WACC, and a Gordon Growth terminal value. It is not investment advice.

+ 10YR Financials Balance Sheet (10YR) Cash Flow (10YR) DCF Model

No positive free cash flow in recent history — company has not generated positive FCF

Once the company meets all DCF eligibility criteria (sufficient history, profitability, growth trends), an estimate will become available automatically. No action is needed.