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CONDENSED FINANCIAL INFORMATION OF THE PARENT COMPANY (Tables) | 12 Months Ended
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Mar. 31, 2022
Condensed Financial Information Disclosure [Abstract] |
Schedule of balance sheets | The parent company did not have significant capital and other commitments, long-term obligations, other long-term debt, or guarantees as of March 31, 2021 and 2022.
Balance sheets |  | March 31, 2021 |  |  | March 31, 2022 |
|  | RMB |  |  | RMB |
ASSETS |  |  |  |  |  |
Current assets: |  |  |  |  |  |
Cash and cash equivalents |  |  | 346 |  |  |  | 599 |
Amounts due from intra-Group entities |  |  | 8,753,029 |  |  |  | 8,438,565 |
Other receivables |  |  | 2,415 |  |  |  | 2,170 |
Forward contract assets |  |  | — |  |  |  | 36 |
Prepaid expenses |  |  | 4,189 |  |  |  | 5,104 |
Total assets |  |  | 8,759,979 |  |  |  | 8,446,474 |
LIABILITIES, MEZZANINE EQUITY AND SHAREHOLDERS’ DEFICIT |  |  |  |  |  |
Current liabilities: |  |  |  |  |  |
Other payables and other current liabilities |  |  | 46,866 |  |  |  | 22,678 |
Investment deficit in subsidiaries |  |  | 10,618,691 |  |  |  | 9,120,730 |
Amounts due to intra-Group entities |  |  | 90,114 |  |  |  | 90,112 |
Warrant liabilities |  |  | — |  |  |  | 196,390 |
Total liabilities |  |  | 10,755,671 |  |  |  | 9,429,910 |
Balance sheets(Continued) |  | March 31, 2021 |  |  | March 31, 2022 |
|  | RMB |  |  | RMB |
Mezzanine equity |  |  |  |  |  |
Senior convertible preferred shares (US$0.0001 par value, nil and 1,000,000,000 shares authorized as of March 31, 2021 and 2022, respectively; nil and 400,524,323 shares issued and outstanding as of March 31, 2021 and 2022, respectively) |  |  | — |  |  |  | 526,484 |
Total mezzanine equity |  |  | — |  |  |  | 526,484 |
Shareholders’ deficit |  |  |  |  |  |
Ordinary shares (US$0.0001 par value, 10,000,000 shares authorized as of March 31, 2021 and 2022, respectively; 1,071,621,698 Class A ordinary shares and 40,809,861 Class B ordinary shares issued and outstanding as of March 31, 2021; 1,146,044,859 Class A ordinary shares and 40,809,861 Class B ordinary shares issued and outstanding as of March 31, 2022) |  |  | 733 |  |  |  | 782 |
Additional paid-in capital |  |  | 13,695,877 |  |  |  | 14,254,109 |
Accumulated other comprehensive income |  |  | 217,747 |  |  |  | 288,461 |
Accumulated deficit |  |  | (15,910,049 | ) |  |  | (16,053,272 | )
Total shareholders’ deficit |  |  | (1,995,692 | ) |  |  | (1,509,920 | )
Total liabilities, mezzanine equity and shareholders’ deficit |  |  | 8,759,979 |  |  |  | 8,446,474 |
Schedule of statements of comprehensive loss |
Statements of comprehensive loss |  | For the year ended December 31, |  |  | For the three months ended March 31, |  |  | For the fiscal year ended March 31, |  |  | For the fiscal year ended March 31, |
|  | 2019 |  |  | 2020 |  |  | 2021 |  |  | 2022 |
|  | RMB |  |  | RMB |  |  | RMB |  |  | RMB |
Operation expense |  |  |  |  |  |  |  |  |  |  |  |
Sales and marketing |  |  | (24,622 | ) |  |  | — |  |  |  | (5,036 | ) |  |  | — |
Research and development |  |  | (258 | ) |  |  | 2,158 |  |  |  | 2,217 |  |  |  | — |
General and administrative |  |  | (136,459 | ) |  |  | 19,018 |  |  |  | (21,161 | ) |  |  | (39,398 | )
Provision for credits losses, net |  |  | — |  |  |  | (3,490 | ) |  |  | — |  |  |  | — |
Total operating expenses |  |  | (161,339 | ) |  |  | 17,686 |  |  |  | (23,980 | ) |  |  | (39,398 | )
Loss from operations |  |  | (161,339 | ) |  |  | 17,686 |  |  |  | (23,980 | ) |  |  | (39,398 | )
Share of loss of subsidiaries |  |  | (1,818,665 | ) |  |  | (2,491,563 | ) |  |  | (275,229 | ) |  |  | (293,128 | )
Interest expense, net |  |  | (47,677 | ) |  |  | (10,727 | ) |  |  | (14,041 | ) |  |  | — |
Other income, net |  |  | 39,131 |  |  |  | 426 |  |  |  | 13,075 |  |  |  | 3,303 |
Foreign exchange (loss)/ gain |  |  | (126 | ) |  |  | (1 | ) |  |  | 9 |  |  |  | (231 | )
Fair value impact of the issuance of senior convertible preferred shares |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 186,231 |
Inducement charge of convertible notes |  |  | — |  |  |  | — |  |  |  | (121,056 | ) |  |  | — |
Net loss |  |  | (1,988,676 | ) |  |  | (2,484,179 | ) |  |  | (421,222 | ) |  |  | (143,223 | )
Other comprehensive (loss)/ income |  |  |  |  |  |  |  |  |  |  |  |
Foreign currency translation |  |  | (17,869 | ) |  |  | 38,572 |  |  |  | 110,983 |  |  |  | 70,714 |
Total comprehensive loss |  |  | (2,006,545 | ) |  |  | (2,445,607 | ) |  |  | (310,239 | ) |  |  | (72,509 | )
Schedule of statements of cash flows |
Statements of cash flow |  | For the year ended December 31, |  |  | For the three months ended March 31, |  |  | For the fiscal year ended March 31, |  |  | For the fiscal year ended March 31, |
|  | 2019 |  |  | 2020 |  |  | 2021 |  |  | 2022 |
|  | RMB |  |  | RMB |  |  | RMB |  |  | RMB |
Net cash generated from/ (used in) operating activities |  |  | 18,977 |  |  |  | (218 | ) |  |  | (35,016 | ) |  |  | (52,104 | )
Net cash generated from investing activities |  |  | 755,553 |  |  |  | — |  |  |  | — |  |  |  | — |
Net cash (used in)/ generated from financing activities |  |  | (781,527 | ) |  |  | (2,058 | ) |  |  | 34,308 |  |  |  | 52,379 |
Effect of exchange rate changes on cash and cash equivalents |  |  | 50 |  |  |  | 16 |  |  |  | (27 | ) |  |  | (22 | )
Net (decrease)/increase in cash and cash equivalents |  |  | (6,947 | ) |  |  | (2,260 | ) |  |  | (735 | ) |  |  | 253 |
Cash and cash equivalents at beginning of the period |  |  | 10,288 |  |  |  | 3,341 |  |  |  | 1,081 |  |  |  | 346 |
Cash and cash equivalents at end of the period |  |  | 3,341 |  |  |  | 1,081 |  |  |  | 346 |  |  |  | 599 |

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