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GUARANTEE LIABILITIES - Movement of Guarantee Liabilities (Details) ¥ in Thousands, $ in Thousands | 3 Months Ended | 12 Months Ended |  |
--- | --- | --- | --- | ---
Mar. 31, 2020 CNY (¥) | Mar. 31, 2022 CNY (¥) | Mar. 31, 2022 USD ($) | Mar. 31, 2021 CNY (¥) | Mar. 31, 2020 CNY (¥) | Dec. 31, 2019 CNY (¥) | Mar. 31, 2022 USD ($) | Jun. 10, 2019 CNY (¥)
GUARANTEE LIABILITIES |  |  |  |  |  |  |  |
Beginning balance of the period |  | ¥ 2,441 |  |  |  |  |  |
Guarantee income (i) (Note 13) | ¥ 44,471 | 126 | $ 20 | ¥ 207,825 |  |  |  |
Ending balance of the period |  | 179 |  | 2,441 |  |  | $ 28 |
Guarantee liabilities - stand ready |  |  |  |  |  |  |  |
GUARANTEE LIABILITIES |  |  |  |  |  |  |  |
Beginning balance of the period |  |  |  |  |  | ¥ 321,255 |  |
Beginning balance of the period | 388,307 | 172 |  | 207,997 |  |  |  |
Fair value of guarantee liabilities upon the inception of new guarantees |  |  |  |  |  | 405,084 |  |
Guarantee liabilities settled |  |  |  |  |  | (398,167) |  |
Losses from guarantee liabilities |  |  |  |  |  | 362,597 |  |
Net assets transferred (Note 3) |  |  |  |  |  | (302,462) |  |
Guarantee income (i) (Note 13) |  | (126) |  | (207,825) | ¥ (44,471) |  |  |
Ending balance of the period | 207,997 | 46 |  | 172 | 207,997 | ¥ 388,307 |  | ¥ 388,307
Guarantee liabilities - contingent |  |  |  |  |  |  |  |
GUARANTEE LIABILITIES |  |  |  |  |  |  |  |
Beginning balance of the period |  | 2,269 |  | 702,952 |  |  |  |
Ending balance of the period | 702,952 | ¥ 133 |  | ¥ 2,269 | 702,952 |  |  |
ASU 2016-13 | Guarantee liabilities - stand ready |  |  |  |  |  |  |  |
GUARANTEE LIABILITIES |  |  |  |  |  |  |  |
Changes on initial application of ASU 2016-13 | ¥ (135,839) |  |  |  | ¥ (135,839) |  |  |

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- Definition The current carrying amount of the liability for the freestanding or embedded guarantor's obligations under the guarantee or each group of similar guarantees. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 460 -SubTopic 10 -Section 50 -Paragraph 4 -Subparagraph (c) -URI https://asc.fasb.org/extlink&oid=124440162&loc=d3e12069-110248 + Details
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
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- Definition This represents amount of effect on guarantee obligations upon initial application of new standard. + References No definition available. + Details
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- Definition The amount of guarantee income classified as other operating income, the components of which are not separately disclosed on the income statement, from items that are associated with the entity's normal revenue producing operation + References No definition available. + Details
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- Definition Represents the information pertaining to guarantee obligations of net assets transferred. + References No definition available. + Details
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- Definition The current carrying amount of the liability for the freestanding or embedded guarantor's obligations under the guarantee or each group of similar guarantees, before reclassification. + References No definition available. + Details
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- Definition Amount of decrease in the guarantor obligation from payments made in cash or in kind to satisfy claims under the terms of the guarantees. + References No definition available. + Details
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- Definition Amount of gain (loss) which decreases (increases) the guarantee obligation. + References No definition available. + Details
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- Definition Amount of increase in the guarantor obligation from guarantees issued. + References No definition available. + Details
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