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Loan Receivables (Tables)
12 Months Ended
Mar. 31, 2024
Receivables [Abstract]  
Schedule of Loan Receivables, Net

 

As of March 31,

 

 

2023

 

 

2024

 

 

RMB

 

 

RMB

 

Loan receivables - principal

 

 

60,633

 

 

 

35,229

 

- service fee

 

 

261

 

 

 

284

 

Allowance for credit losses

 

 

(28,665

)

 

 

(3,949

)

Loan receivables, net

 

 

32,229

 

 

 

31,564

 

Schedule of Movement of Allowance For Credt Losses

 

For the year ended
March 31,

 

 

2022

 

 

2023

 

 

2024

 

 

RMB

 

 

RMB

 

 

RMB

 

Balance at beginning of year

 

 

(28,615

)

 

 

(28,195

)

 

 

(28,665

)

Cumulative effect of adoption of new accounting standard (Note 2 (k))

 

 

 

 

 

 

 

 

(1,312

)

Reversals/(provisions)

 

 

420

 

 

 

(470

)

 

 

(167

)

Write-off

 

 

 

 

 

 

 

 

26,195

 

Balance at end of year

 

 

(28,195

)

 

 

(28,665

)

 

 

(3,949

)