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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS
¥ in Thousands, $ in Thousands
12 Months Ended
Mar. 31, 2021
CNY (¥)
¥ / shares
shares
Mar. 31, 2021
USD ($)
$ / shares
shares
Mar. 31, 2020
CNY (¥)
¥ / shares
shares
Mar. 31, 2019
CNY (¥)
¥ / shares
shares
Revenues ¥ 482,392 $ 73,627 ¥ 835,314 ¥ 1,074,278
Cost of revenues (exclusive of amortization of intangible assets shown separately below, including transactions with related parties of RMB69,333, RMB92,591 and RMB45,757 for the years ended March 31, 2019, 2020 and 2021, respectively) (183,112) (27,948) (293,757) (313,788)
Sales and marketing expenses (229,775) (35,071) (613,183) (743,732)
Research and development expenses (103,474) (15,793) (171,137) (236,446)
General and administrative expenses (103,038) (15,727) (128,152) (168,379)
Amortization of intangible assets (341,802) (52,169) (331,294) (194,874)
Goodwill impairment     (1,382,149)  
Other income, net 49,885 7,614 11,472 8,761
Loss from operations (428,924) (65,467) (2,072,886) (574,180)
Interest income 19,601 2,992 29,312 33,700
Gain/(Loss) from investments, net 86,497 13,202 (66,550) 31,236
Loss before income tax and share of results of equity investee (322,826) (49,273) (2,110,124) (509,244)
Income tax benefits/(expenses) (5,181) (791) 590 17,217
Share of results of equity method investees 36 5 (114,104) 5,752
Net loss (327,971) (50,059) (2,223,638) (486,275)
Net loss attributable to MOGU Inc. (327,971) (50,059) (2,223,638) (486,275)
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 (327,971) (50,059) (2,223,638) (1,085,255)
Net loss (327,971) (50,059) (2,223,638) (486,275)
Other comprehensive income/(loss):        
Foreign currency translation adjustments, net of nil tax (72,993) (11,141) 105,433 55,440
Share of other comprehensive income/(loss) of equity method investees     (145) 938
Unrealized securities holding gains/(losses), net of tax (31,658) (4,832) 18,713 25,067
Total comprehensive loss (432,622) (66,032) (2,099,637) (404,830)
Total comprehensive loss attributable to MOGU Inc. ¥ (432,622) $ (66,032) ¥ (2,099,637) ¥ (404,830)
Net loss per share attributable to ordinary shareholders        
Basic | (per share) ¥ (0.12) $ (0.02) ¥ (0.82) ¥ (0.87)
Diluted | (per share) ¥ (0.12) $ (0.02) ¥ (0.82) ¥ (0.87)
Weighted average number of shares used in computing net loss per share        
Basic | shares 2,630,425,361 2,630,425,361 2,718,827,977 1,247,998,533
Diluted | shares 2,630,425,361 2,630,425,361 2,718,827,977 1,247,998,533
Cost of Revenues        
Share-based compensation expenses included in:        
Share-based compensation expenses ¥ (2,464) $ (376) ¥ 2,747 ¥ (13,916)
General and Administrative Expenses        
Share-based compensation expenses included in:        
Share-based compensation expenses (14,475) (2,209) (17,740) (64,433)
Sales and Marketing Expenses        
Share-based compensation expenses included in:        
Share-based compensation expenses (5,416) (827) (7,927) (9,558)
Research and Development Expenses        
Share-based compensation expenses included in:        
Share-based compensation expenses (3,940) (601) (9,265) (15,161)
Commission Revenues        
Revenues 318,602 48,628 438,274 507,728
Marketing Services Revenues        
Revenues 71,345 10,889 243,081 395,747
Financing Solutions Revenues        
Revenues 49,285 7,522 53,989 49,076
Other Revenues        
Revenues ¥ 43,160 $ 6,588 ¥ 99,970 ¥ 121,727