XML 66 R45.htm IDEA: XBRL DOCUMENT v3.24.2
Condensed Financial Information of the Parent Company (Tables) - Parent [Member]
12 Months Ended
Mar. 31, 2024
Condensed Financial Information of the Parent Company (Tables) [Line Items]  
Schedule of Balance Sheet BALANCE SHEETS
   As of March 31, 
   2023   2024 
   RMB   RMB 
ASSETS        
Current assets        
Cash and cash equivalents   2    1 
Prepaid expenses and other current assets   25,109    25,924 
Inter-company receivable   79,393    444,934 
Non-current assets          
Investment in subsidiaries   (18,929)   (43,653)
Total assets   85,575    427,206 
           
LIABILITIES AND SHAREHOLDERS’ EQUITY          
Current liabilities          
Inter-company payable   35,634    2,886 
Due to related parties   313    23,728 
Other payables and accrued liabilities   5,539    32,794 
Total liabilities   41,486    59,408 
           
Shareholders’ equity          
Preference share, par value US$0.0001; Authorized:10,000,000 shares; none issued and outstanding As of March 31, 2023 and As of March 31, 2024, respectively   
 
    
 
 
Ordinary shares, par value US$0.0001; Authorized:990,000,000 shares; Issued and outstanding: 13,567,793 shares as of March 31,2023 and 392,113,953 shares as of March 31, 2024   9    278 
Additional paid-in capital   216,504    573,615 
Accumulated deficit   (175,893)   (208,828)
Accumulated other comprehensive income    3,469    2,733 
Total shareholders’ equity   44,089    367,798 
Total liabilities and shareholders’ equity   85,575    427,206 

 

Schedule of Comprehensive Loss STATEMENTS OF COMPREHENSIVE LOSS
   Year ended March 31, 
   2023   2024 
   RMB   RMB 
Loss from equity method investments   (18,396)   (50,082)
Operating expenses   (69,220)   (10,802)
Net loss   (87,616)   (60,884)
Foreign currency translation difference   2,445    1,456 
Comprehensive loss   (85,171)   (59,428)
Schedule of Cash Flows STATEMENTS OF CASH FLOWS
   Year ended March 31, 
   2023   2024 
   RMB   RMB 
CASH FLOW FROM OPERATING ACTIVTIES        
Net income    (87,616)   (60,884)
Adjustments to reconcile net income to net cash provided by operating activities:          
Equity loss of subsidiaries   18,396    50,082 
Share-based compensation and expenses   63,656    8,892 
Changes in operating assets and liabilities:          
Inter-company receivable   1,539    (13,078)
Prepaid expenses and other current assets   -    (500)
Inter-company payable   
-
    (33,989)
Related-parties   
-
    2,901 
Other payables and accrued liabilities   4,026    25,531 
Net cash used in operating activities   1    (21,045)
Loan received from a shareholder   
-
    20,546 
Effect of exchange rate changes on cash and cash equivalent and restricted cash   -    498 
Net change in cash and cash equivalent   1    (1)
Cash and cash equivalents, beginning of year   1    2 
Cash and cash equivalents, end of year   2    1