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LEASES
6 Months Ended
Mar. 31, 2025
Leases  
LEASES
11. LEASES

 

Operating leases of the Group mainly include leases of office space. The components of lease expenses were as follows:

 

   For the Six Months ended
March 31, 2024
  

For the Six Months ended

March 31, 2025

 
    RMB    RMB 
Lease cost          
Operating lease cost   192,928    163,524 
Short term lease cost   -      
Total lease cost   192,928    163,524 

 

Operating lease cost was recognized as rental expenses in consolidated statements of operations on a straight-line basis over the lease term. For the six months ended March 31, 2024, and 2025, there is no variable lease cost and sublease income recognized in the consolidated financial statements of the Group.

 

 

Supplemental cash flows information related to leases was as follows:

 

  

For the Six Months ended

March 31, 2024

  

For the Six Months ended

March 31, 2025

 
   RMB   RMB 
Cash paid for amounts included in measurement of liabilities:          
Operating cash flows from operating leases   (90,695)   (95,003)
Right-of-use assets obtained in exchange for lease liabilities:          
Operating leases   -    - 

 

Supplemental balance sheet information related to leases was as follows:

 

  

As of

September 30, 2024

  

As of

March 31, 2025

 
   RMB   RMB 
Operating leases          
Operating lease right-of-use assets, net   127,163    32,161 
Total operating lease assets   127,163    32,161 
Operating lease liabilities, current   95,003    - 
Operating lease liabilities, non-current   -    - 
Total operating lease liabilities   95,003    - 

 

  

As of

March 31,2024

  

As of

March 31, 2025

 
Weighted average remaining lease term- operating lease   1.25 years    0.25 years 
Weighted average discount rate- operating lease   4.75%   4.75%

 

The following is a maturity analysis of lease liabilities

 

 

As of March 31, 2025 the Group did not have any lease contracts whose leases had not yet commenced.