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Goodwill (Tables)
12 Months Ended
Mar. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Changes in Carrying Amount of Goodwill

The changes in the carrying amount of goodwill were as follows:

 

LVB focused online
business

 

 

Brands and customized services
business

 

 

Total

 

 

RMB

 

 

RMB

 

 

RMB

 

Balance as of March 31, and 2021

 

 

 

 

 

 

 

 

 

Goodwill

 

 

1,568,653

 

 

 

 

 

 

1,568,653

 

Accumulated impairment loss

 

 

(1,382,149

)

 

 

 

 

 

(1,382,149

)

 

 

186,504

 

 

 

 

 

 

186,504

 

Transaction during the year

 

 

 

 

 

 

 

 

 

Addition (Note (a))

 

 

 

 

 

63,460

 

 

 

63,460

 

Impairment recognized during the year ended March 31, 2022 (Note (b))

 

 

(186,504

)

 

 

 

 

 

(186,504

)

Balance as of March 31, 2022

 

 

 

 

 

 

 

 

 

Goodwill

 

 

1,568,653

 

 

 

63,460

 

 

 

1,632,113

 

Accumulated impairment loss

 

 

(1,568,653

)

 

 

 

 

 

(1,568,653

)

 

 

 

 

 

63,460

 

 

 

63,460

 

Transaction during the year

 

 

 

 

 

 

 

 

 

Impairment recognized during the year ended March 31, 2023 (Note (b))

 

 

 

 

 

(63,460

)

 

 

(63,460

)

Balance as of March 31, 2023

 

 

 

 

 

 

 

 

 

Goodwill

 

 

1,568,653

 

 

 

63,460

 

 

 

1,632,113

 

Accumulated impairment loss

 

 

(1,568,653

)

 

 

(63,460

)

 

 

(1,632,113

)

 

 

 

 

 

 

 

 

 

 

 

(a)
During the year ended March 31, 2022, the addition in goodwill was in relation to the acquisition of Ruisha Technology in July 2021 (Note 3).
(b)
Goodwill impairment