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CONSOLIDATED BALANCE SHEETS
¥ in Thousands, $ in Thousands
Mar. 31, 2022
CNY (¥)
Mar. 31, 2022
USD ($)
Mar. 31, 2021
CNY (¥)
Current assets:      
Cash and cash equivalents ¥ 128,021 $ 20,195 ¥ 192,605
Restricted cash 8,276 1,306 41,114
Accounts receivable, net 832 131 2,446
Amounts due from related parties, net of provision for credit losses of RMB6,456 as of March 31, 2021     129,383
Loans recognized as a result of payments under guarantees, net of provision for credit losses of RMB1,182,609 and RMB324,371 as of March 31, 2021 and 2022, respectively 54,888 8,658 179,947
Other receivables, net of provision for credit losses of RMB20,980 and RMB30,251 as of March 31, 2021 and 2022, respectively 166,006 26,187 110,025
Inventory, net 426,300 67,240 69,587
Forward contract assets 36 6  
Prepaid expenses and other current assets 90,012 14,199 107,836
Total current assets 874,328 137,922 832,943
Noncurrent assets:      
Property, equipment and software, net 34,531 5,447 29,306
Intangible assets, net     27
Long-term investments 288,756 45,550 288,428
Other non-current assets 24,000 3,786 36,000
Right-of-use assets, net 29,584 4,667 46,829
Total noncurrent assets 376,871 59,450 400,590
Total assets 1,251,199 197,372 1,233,533
Current liabilities      
Accounts payable 92,534 14,597 101,205
Guarantee liabilities 179 28 2,441
Amounts due to related parties     69,434
Other payables and other current liabilities 674,333 106,373 894,565
Warrant liabilities 196,390 30,980  
-Current portion 233,000 36,755 79,560
Current portion of long-term debt 102,206 16,123  
Total current liabilities 1,298,642 204,856 1,147,205
Noncurrent liabilities      
Consideration payable to Webank 107,642 16,980 200,778
Operating lease liabilities 10,866 1,714 34,365
Convertible notes     1,614,040
Long-term borrowings     233,000
Long-term debt 817,648 128,981  
Total noncurrent liabilities 936,156 147,675 2,082,183
Total liabilities 2,234,798 352,531 3,229,388
Contingencies and commitments
Mezzanine equity      
Senior convertible preferred shares (US$0.0001 par value, nil and 1,000,000,000 shares authorized as of March 31, 2021 and 2022, respectively; nil and 400,524,323 shares issued and outstanding as of March 31, 2021 and 2022, respectively) 526,484 83,051  
Total Mezzanine equity 526,484 83,051  
Shareholders' deficit      
Ordinary shares (US$0.0001 par value, 10,000,000,000 and 9,000,000,000 shares authorized as of March 31, 2021 and 2022, respectively; 1,071,621,698 Class A ordinary shares and 1,146,044,858 Class A ordinary shares issued and outstanding as of March 31, 2021 and 2022, respectively; 40,809,861 Class B ordinary shares issued and outstanding as of March 31, 2021 and 2022) 782 123 733
Additional paid-in capital 14,254,109 2,248,530 13,695,877
Accumulated other comprehensive income 288,461 45,504 217,747
Accumulated deficit (16,053,300) (2,532,341) (15,910,049)
Total UXIN LIMITED shareholders' deficit (1,509,920) (238,184) (1,995,692)
Non-controlling interests (163) (26) (163)
Total shareholders' deficit (1,510,083) (238,210) (1,995,855)
Total liabilities, mezzanine equity and shareholders' deficit ¥ 1,251,199 $ 197,372 ¥ 1,233,533