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Accounts Receivable, Net
 12 Months Ended
Mar. 31, 2024
Accounts Receivables, Net [Abstract]  
ACCOUNTS RECEIVABLE, NET

NOTE 3 — ACCOUNTS RECEIVABLE, NET

 

 

   As of March 31, 
   2023   2024 
   RMB   RMB 
Accounts receivable   52,308    30,533 
Allowance for doubtful accounts   (136)   (293)
Accounts receivable, net   52,172    30,240 

 

The Company analyzed the collectability of accounts receivable based on historical collection and the customers’ intention of payment. As a result of such analysis, the allowance for doubtful accounts was as follows:

 

   2023   2024 
Balance at beginning of year   126    136 
Additions for the year   
-
    152 
Foreign currency translation difference   10    5 
Balance at the end of year   136    293 

 

As of March 31, 2023 and 2024, the allowance for doubtful accounts amounted to RMB0.1 million and RMB0.3 million, respectively. The Company determined that the collection of these customers’ receivable is not probable due to financial difficulties experienced by related customers.