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CONSOLIDATED STATEMENTS OF CASH FLOWS
¥ in Thousands, $ in Thousands
 12 Months Ended
Mar. 31, 2021
CNY (¥)
Mar. 31, 2021
USD ($)
Mar. 31, 2020
CNY (¥)
Mar. 31, 2019
CNY (¥)
Cash flows from operating activities:        
Net loss ¥ (327,971) $ (50,059) ¥ (2,223,638) ¥ (486,275)
Adjustments to reconcile net loss to net cash used in operating activities:        
Depreciation and amortization 351,129 53,593 338,468 206,385
Allowance for loan receivables and prepayments and other current assets 5,615 857 19,495 3,411
Gains on disposal of property and equipment (1,468) (224) (666) (772)
Goodwill impairment     1,382,149  
Share-based compensation expenses 26,295 4,013 32,185 103,068
Deferred income tax benefit (4,644) (709) (2,709) (23,268)
(Gain)/Loss from investments, net (86,497) (13,202) 66,550 (31,236)
Share of results of equity investee (36) (5) 114,104 (5,752)
Changes in operating assets and liabilities:        
Prepayments and other current assets 21,184 3,233 61,182 28,573
Loan receivables—service fee 51 8 11 (862)
Inventories, net 2,686 410 2,116 (4,931)
Amounts due from related parties (90) (14) 1,732 5,994
Other non-current assets (2,627) (401) (13,486) 18,755
Accounts payable 2,857 436 (909) 5,718
Salary and welfare payable (1,683) (257) (16,080) 1,459
Taxes payable (4,784) (730) 498 (2,679)
Advances from customers (26) (4) (1,074) 1,140
Amounts due to related parties (5,784) (883) 2,625 (9,710)
Accruals and other current liabilities (52,138) (7,957) (74,342) (134,826)
Net cash used in operating activities (77,931) (11,895) (311,789) (325,808)
Cash flows from investing activities:        
Purchase of property, equipment and software (152,648) (23,299) (10,430) (8,648)
Purchase of intangible assets (13,103) (2,001) (52,433) (11,138)
Disposal of property and equipment 1,917 293 2,045 2,652
Disposal of long-term investment 104,399 15,934   35,501
Purchase of short term investments (2,077,485) (317,086) (1,276,000) (1,055,000)
Proceeds from sale of short term investments 2,055,608 313,747 1,250,000 973,000
Cash paid for long-term investments (23,000) (3,510) (15,575)  
Cash paid for loan originations (1,705,401) (260,294) (1,737,413) (1,895,669)
Cash received from loan repayments 1,713,050 261,462 1,726,656 1,876,466
Net cash used in investing activities (96,663) (14,754) (113,150) (82,836)
Cash flows from financing activities:        
Proceeds from issuance of ordinary shares, net of issuance costs       389,356
Cash payment of remaining issuance cost for IPO     (873)  
Proceeds from deemed exercise of share options, net       21,587
Return of the proceeds withdrawn by employees for deemed exercise of share options     (23,602)  
Proceeds from exercise of share options 609 93 1,709  
Cash payment for repurchase of ordinary shares (Note16) (119,858) (18,294) (6,566)  
Cash paid for loan to shareholder       (1,307)
Cash received for loan repayments due from a shareholder       6,236
Cash paid for borrowing from shareholder       (1,000)
Net cash provided by/(used in) financing activities (119,249) (18,201) (29,332) 414,872
Effect of foreign exchange rate changes on cash and cash equivalents and restricted cash (20,647) (3,151) 33,929 46,091
Net increase/(decrease) in cash and cash equivalents and restricted cash (314,490) (48,001) (420,342) 52,319
Cash and cash equivalents and restricted cash at beginning of year 857,374 130,861 1,277,716 1,225,397
Cash and cash equivalents and restricted cash at end of year 542,884 82,860 857,374 1,277,716
Supplemental disclosures of cash flow information:        
Cash paid for income taxes ¥ (13,889) $ (2,120) ¥ 1,130 (2,519)
Supplemental disclosures of non-cash flow investing and financing activities:        
Accretion on convertible redeemable preferred shares to redemption value       509,904
Deemed dividend to holders of mezzanine equity       ¥ 89,076