Framework Journal · one stock, one dated entry

Recorded 2026-07-19 · Permanent

Boqii Holding Limited BQ

Clears the common standard

An entry written while the outcome is still unknown. It will be scored by what the market does next, and it will never be edited to look cleverer than it was.

In plain words · Boqii Holding Limited operates as a pet-focused online retail business in the People's Republic of China.

The label
Accumulation

read at $0.86

Boqii Holding Limited holds its Accumulation at $0.86.

PHINPOOPSC
  • PHPhase · the trend structure carries the Accumulation label
  • INInsiders · no filings inside 60 days, left as found
  • POPositioning · no disclosures inside 60 days, left as found
  • OPOptions · no verdict drawn today, left as found
  • SCScreen · passes the values gate
  • edge confirmed
  • edge broken
  • edge forming

Each arm is one independent read. Conviction is not a single call, it is how many edges converge.

The investor read · the season, not the day

As held on the ledger · 2026-07-19
PhaseAccumulation
Quantitative stateConsolidating, no directional conviction, held for 106 days
Price$0.86
ValuationN/A trailing · -6.65 forward price to earnings
Values screenPASS · score 70.0
BetaN/A

The business, in plain words · what the numbers mean

The fundamentals · plain-English read
Forward P/E-6.6x
Revenue growth-3.1%
revenue is shrinking
Profit margin-1.2%
currently unprofitable
Return on equity-0.9%
not currently earning a positive return on equity
Debt to equity0.24
minimal debt — a conservative balance sheet
Current ratio3.25
comfortably covers its short-term bills
Market cap$6M
Employees158

The risks · The things to watch: it's a small-cap, so the share price can swing harder than the market; its business and earnings are exposed to China and to currency swings.

Plain-English interpretation of our own screen data. Analysis, not advice.

Related securities · others in BQ's space worth a look

CGTL Creative Global Technology Holdings Ltd TKLF Tokyo Lifestyle Co Ltd ADR NVVE Nuvve Holding Corp JBDI JBDI Holdings Ltd RECT Rectitude Holdings Ltd TLF Tandy Leather Factory Inc

Screened names in the same industry · explore each on its own page.

The trader read · the latest dated commentary

The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved down 17.7% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows modest positive risk-adjusted returns. Our composite framework grades it C. Technically it is sitting below its long-term trend line with momentum reading neutral. Over the past year the shares are down 51%. Our forward projection puts the odds of a 10% gain over the next month near 26%. Entered 2026-07-23 · Markup

The dated journal · newest first, never edited

2026-07-23 Markup $0.86 -17.7% Entry 4

The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved down 17.7% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows modest positive risk-adjusted returns. Our composite framework grades it C. Technically it is sitting below its long-term trend line with momentum reading neutral. Over the past year the shares are down 51%. Our forward projection puts the odds of a 10% gain over the next month near 26%.

2026-07-18 Markup $1.05 +0.0% Entry 3

The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows modest positive risk-adjusted returns. Our composite framework grades it C. Technically it is sitting below its long-term trend line with momentum reading neutral. Over the past year the shares are down 51%. Our forward projection puts the odds of a 10% gain over the next month near 26%.

2026-07-03 Markup $1.05 +0.0% Entry 2

The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen (70). The risk-adjusted return profile shows modest positive risk-adjusted returns.

2026-07-02 Markup $1.05 Entry 1

The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Ethical screening: PASS with passing ethical screen (70). The risk-adjusted return profile shows modest positive risk-adjusted returns.

Each entry above was written on its date, before the outcome. A journal you can prune is not a journal.

What holding actually paid · price plus dividends

If $1,000 had been placed · historical, not a promise
PeriodPrice thenPrice returnDivs per share$1,000 becameTotal return
1 month $0.71 +54.0% · $1,540 +54.0%
2 months $0.78 +39.7% · $1,397 +39.7%
3 months $1.23 -11.4% · $886 -11.4%
6 months $2.40 -54.6% · $454 -54.6%
1 year $2.21 -50.7% · $493 -50.7%
2 years $3.65 -70.1% · $299 -70.1%
3 years $59.67 -98.2% · $18 -98.2%
5 years $934.00 -99.9% · $1 -99.9%

Historical returns from market close data. Past performance does not guarantee future results.

This entry now belongs to the ledger. Whatever BQ does next, these words stay.

Boqii Holding Limited · BQ · Accumulation · $0.86
Recorded 2026-07-19 · before the outcome · scored mechanically

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