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Accounts Receivable, Net
 12 Months Ended
Jun. 30, 2024
Accounts Receivable, Net [Abstract]  
Accounts receivable, net
5.Accounts receivable, net

 

The accounts receivable, net, as of June 30, 2023 and 2024, consists of the following:

 

   As of June 30, 
   2023   2024 
   RMB   RMB 
         
Enterprise services   12,219    16,661 
Others   91    112 
Less: allowance for credit losses   (59)   (97)
Accounts receivable, net   12,251    16,676 

 

Accounts receivable, net are mainly amounts due from insurance intermediaries and securities brokerage firms, and are non-interest bearing and generally on terms between 30 days to 90 days.

 

The movements in the allowance for credit losses are as follows:

 

   For the years ended
June 30,		 
   2023   2024 
   RMB   RMB 
         
Balance at beginning of the year   (13)   (59)
(Additions)/Reversals   (46)   (38)
Write-offs   
-
    
-
 
Balance at end of the year   (59)   (97)