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Property, Plant and Equipment, Net
 12 Months Ended
Mar. 31, 2024
Property, Plant and Equipment, Net [Abstract]  
PROPERTY, PLANT AND EQUIPMENT, NET

NOTE 6 — PROPERTY, PLANT AND EQUIPMENT, NET

 

   As of March 31, 
   2023   2024 
   RMB   RMB 
Office real estate   20,996    20,995 
Furniture and equipment   5,987    10,768 
Production and other machineries   55,004    47,845 
Total   81,987    79,608 
Less: accumulated depreciation   (20,580)   (25,420)
Property and equipment, net   61,407    54,188 

 

Depreciation charged to expense amounted to RMB3.3 million, RMB4.6 million and RMB5.7 million for the years ended March 31, 2022, 2023 and 2024, respectively.

 

No impairment for property, plant and equipment was recorded for the years ended March 31, 2023 and 2024.

 

Details of production and other machineries lease out under operating lease are as follows:

 

   As of March 31, 
   2023   2024 
   RMB   RMB 
Cost   29,578    26,629 
Less: accumulated depreciation and amortization   (12,094)   (13,363)
Net book value   17,484    13,266