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Parent Company Only Condensed Financial Information | 12 Months Ended
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Mar. 31, 2021
Condensed Financial Information Disclosure [Abstract] |
Parent Company Only Condensed Financial Information | 2 3 PARENT COMPANY ONLY CONDENSED FINANCIAL INFORMATION The Company performed a test on the restricted net assets of consolidated subsidiaries, VIEs and VIEs’ subsidiaries in accordance with SEC Regulation S-X Rule 4-08 (e) (3), “General Notes to Financial Statements” and concluded that it was applicable for the Company to disclose the financial information for the parent company only. The subsidiaries did not pay any dividend to the Company for the years presented. Certain information and footnote disclosures generally included in financial statements prepared in accordance with U.S. GAAP have been condensed and omitted. The footnote disclosures contain supplemental information relating to the operations of the Company, as such, these statements should be read in conjunction with the notes to the consolidated financial statements of the Company. The Company did not have significant capital and other commitments, or guarantees as of March 31, 2021. CONDENSED BALANCE SHEETS
|  | As of March 31, |
|  | 2020 |  |  | 2021 |
|  | RMB |  |  | RMB |  |  | US$ Note 2(f) |
Cash and cash equivalents |  |  | 80,553 |  |  |  | 2,072 |  |  |  | 316 |
Amounts due from subsidiaries |  |  | 1,153,102 |  |  |  | 1,129,423 |  |  |  | 172,384 |
Prepayments and other current assets |  |  | 10,081 |  |  |  | 7,934 |  |  |  | 1,211 |
Amounts due from related parties |  |  | — |  |  |  | 5,914 |  |  |  | 903 |
Total current assets |  |  | 1,243,736 |  |  |  | 1,145,343 |  |  |  | 174,814 |
Non-current assets: |  |  |  |  |  |  |  |  |  |  |  |
Intangible assets, net |  |  | 723,451 |  |  |  | 356,689 |  |  |  | 54,441 |
Investments in subsidiaries, VIEs and VIEs’ subsidiaries |  |  | 37,187 |  |  |  | 42,294 |  |  |  | 6,455 |
Investments in other investees |  |  | 91,362 |  |  |  | 24,281 |  |  |  | 3,706 |
Total non-current assets |  |  | 852,000 |  |  |  | 423,264 |  |  |  | 64,602 |
Total assets |  |  | 2,095,736 |  |  |  | 1,568,607 |  |  |  | 239,416 |
LIABILITIES AND SHAREHOLDERS’ EQUITY |  |  |  |  |  |  |  |  |  |  |  |
Current liabilities: |  |  |  |  |  |  |  |  |  |  |  |
Amounts due to subsidiaries |  |  | 90,396 |  |  |  | 92,345 |  |  |  | 14,096 |
Accruals and other current liabilities |  |  | 18,739 |  |  |  | 17,807 |  |  |  | 2,718 |
Total current liabilities |  |  | 109,135 |  |  |  | 110,152 |  |  |  | 16,814 |
Non-current liabilities: |  |  |  |  |  |  |  |  |  |  |  |
Deferred tax liabilities |  |  | 2,485 |  |  |  | 1,408 |  |  |  | 215 |
Other non-current liabilities |  |  | 3,644 |  |  |  | 2,151 |  |  |  | 328 |
Total non-current liabilities |  |  | 6,129 |  |  |  | 3,559 |  |  |  | 543 |
Total liabilities |  |  | 115,264 |  |  |  | 113,711 |  |  |  | 17,357 |
|  | As of March 31, |
|  | 2020 |  |  | 2021 |
|  | RMB |  |  | RMB |  |  | US$ Note 2(f) |
SHAREHOLDERS’ EQUITY |  |  |  |  |  |  |  |  |  |  |  |
Class A ordinary shares (US$0.00001 p ar value; 49,000,000,000 s hares authorized as of March 31, 2020 and 2021; 2,418,910,250 and 2,432,015,450 shares issued as of March 31, 2020 and 2021, respectively; 2,408,454,175 and 2,215,043,400 shares outstanding as of March 31, 2020 and 2021, respectively) |  |  | 164 |  |  |  | 165 |  |  |  | 25 |
Class B ordinary shares (US$0.00001 p ar value; 500,000,000 shares authorized as of March 31, 2020 and 2021; 303,234,004 s hares issued and outstanding as of March 31, 2020 and 2021, respectively) |  |  | 16 |  |  |  | 16 |  |  |  | 2 |
Treasury stock (US$0.00001 p ar value; 10,456,075 and 216,972,050 shares as of March 31, 2020 and 2021) |  |  | (6,566 | ) |  |  | (126,424 | ) |  |  | (19,296 | )
Additional paid-in capital |  |  | 9,431,740 |  |  |  | 9,458,643 |  |  |  | 1,443,671 |
Accumulated other comprehensive incom e |  |  | 201,796 |  |  |  | 97,145 |  |  |  | 14,827 |
Accumulated deficit |  |  | (7,646,678 | ) |  |  | (7,974,649 | ) |  |  | (1,217,170 | )
Total shareholders’ equity |  |  | 1,980,472 |  |  |  | 1,454,896 |  |  |  | 222,059 |
Total liabilities and shareholders’ equit y |  |  | 2,095,736 |  |  |  | 1,568,607 |  |  |  | 239,416 |
CONDENSED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS
|  | For the year ended March 31, |
|  | 2019 |  |  | 2020 |  |  | 2021 |
|  | RMB |  |  | RMB |  |  | RMB |  |  | US$ Note 2(f) |
General and administrative expenses |  |  | (5,431 | ) |  |  | (4,304 | ) |  |  | (9,155 | ) |  |  | (1,397 | )
Amortization of intangible assets |  |  | (82,436 | ) |  |  | (319,188 | ) |  |  | (322,230 | ) |  |  | (49,182 | )
Other expense, net |  |  | (1,098 | ) |  |  | 5,308 |  |  |  | 6,138 |  |  |  | 937 |
Loss from operations |  |  | (88,965 | ) |  |  | (318,184 | ) |  |  | (325,247 | ) |  |  | (49,642 | )
Interest income |  |  | 7,532 |  |  |  | 4,659 |  |  |  | 78 |  |  |  | 12 |
Loss from subsidiaries, VIEs and VIEs’ subsidiaries |  |  | (441,830 | ) |  |  | (1,736,959 | ) |  |  | (82,563 | ) |  |  | (12,603 | )
Gain/(loss) from investments, net |  |  | 31,236 |  |  |  | (59,050 | ) |  |  | 89,518 |  |  |  | 13,663 |
Loss before income tax and share of results of equity investee |  |  | (492,027 | ) |  |  | (2,109,534 | ) |  |  | (318,214 | ) |  |  | (48,570 | )
Income tax expenses |  |  | — |  |  |  | — |  |  |  | (9,757 | ) |  |  | (1,489 | )
Share of results of equity investee |  |  | 5,752 |  |  |  | (114,104 | ) |  |  | — |  |  |  | — |
Net loss |  |  | (486,275 | ) |  |  | (2,223,638 | ) |  |  | (327,971 | ) |  |  | (50,059 | )
Accretion on convertible redeemable preferred shares to redemption value |  |  | (509,904 | ) |  |  | — |  |  |  | — |  |  |  | — |
Deemed dividends to preferred shareholders |  |  | (89,076 | ) |  |  | — |  |  |  | — |  |  |  | — |
Net loss attributable to MOGU Inc.’s ordinary shareholders |  |  | (1,085,255 | ) |  |  | (2,223,638 | ) |  |  | (327,971 | ) |  |  | (50,059 | )
Net Loss |  |  | (486,275 | ) |  |  | (2,223,638 | ) |  |  | (327,971 | ) |  |  | (50,059 | )
Other comprehensive income/(loss): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Foreign currency translation adjustments, net of nil tax |  |  | 55,440 |  |  |  | 105,433 |  |  |  | (72,993 | ) |  |  | (11,141 | )
Share of other comprehensive gain/(loss) of equity method investee |  |  | 938 |  |  |  | (145 | ) |  |  | — |  |  |  | — |
Share of other comprehensive (loss)/income of subsidiaries, VIEs and VIEs’ subsidiaries, net of tax |  |  | (1,588 | ) |  |  | (7,884 | ) |  |  | 9,726 |  |  |  | 1,484 |
Unrealized securities holding gains, net of tax |  |  | 26,655 |  |  |  | 26,597 |  |  |  | (41,384 | ) |  |  | (6,316 | )
Total other comprehensive income/(loss) |  |  | 81,445 |  |  |  | 124,001 |  |  |  | (104,651 | ) |  |  | (15,973 | )
Total comprehensive loss |  |  | (404,830 | ) |  |  | (2,099,637 | ) |  |  | (432,622 | ) |  |  | (66,032 | )
CONDENSED STATEMENTS OF CASH FLOWS
|  | For the year ended March 31, |
|  | 2019 |  |  | 2020 |  |  | 2021 |
|  | RMB |  |  | RMB |  |  | RMB |  |  | US$ Note 2(f) |
Net cash provided by operating activities |  |  | 8,240 |  |  |  | 5,803 |  |  |  | 3,322 |  |  |  | 507 |
Net cash (used in)/provide by investing activities |  |  | (213,639 | ) |  |  | (406,144 | ) |  |  | 37,446 |  |  |  | 5,715 |
Net cash provided by/(used in) financing activities |  |  | 414,872 |  |  |  | (29,332 | ) |  |  | (119,249 | ) |  |  | (18,201 | )
Net increase/(decrease) in cash and cash equivalents |  |  | 209,473 |  |  |  | (429,673 | ) |  |  | (78,481 | ) |  |  | (11,979 | )
Cash and cash equivalents at beginning of year |  |  | 300,753 |  |  |  | 510,226 |  |  |  | 80,553 |  |  |  | 12,295 |
Cash and cash equivalents at end of year |  |  | 510,226 |  |  |  | 80,553 |  |  |  | 2,072 |  |  |  | 316 |
Basis of presentation The Company’s accounting policies are the same as the Group’s accounting policies with the exception of the accounting for the investments in subsidiaries, VIEs and VIEs’ subsidiaries. For the Company only condensed financial information, the Company records its investments in subsidiaries, VIEs and VIEs’ subsidiaries under the equity method of accounting as prescribed in ASC 323, Investments—Equity Method and Joint Ventures. Such investments are presented on the Condensed Balance Sheets as “Investments in subsidiaries, VIEs and VIEs’ subsidiaries” and shares in the subsidiaries, VIEs and VIEs’ subsidiaries’ loss are presented as “Equity in loss of subsidiaries, VIEs and VIEs’ subsidiaries” on the Condensed Statements of Operations and Comprehensive Loss. The parent company only condensed financial information should be read in conjunction with the Group’ consolidated financial statements.

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- Definition The entire disclosure for condensed financial information, including the financial position, cash flows, and the results of operations of the registrant (parent company) as of the same dates or for the same periods for which audited consolidated financial statements are being presented. Alternatively, the details of this disclosure can be reported by the specific parent company taxonomy elements, indicating the appropriate date and period contexts in an instance document. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 10 -Section S99 -Paragraph 6 -Subparagraph (SX 210.5-04(Schedule I)) -URI http://asc.fasb.org/extlink&oid=120391182&loc=d3e5864-122674 Reference 2: http://www.xbrl.org/2003/role/recommendedDisclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=108774443&loc=d3e5283-111683 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 3 -Subparagraph (SX 210.12-04(a)) -URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e24072-122690 + Details
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