Parent Company Only Condensed Financial Information (Tables)

12 Months Ended

Mar. 31, 2021

Condensed Financial Information Disclosure [Abstract]

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 Comprehensive Loss

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

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