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Leases (Tables)
12 Months Ended
Mar. 31, 2024
Lessee, Lease, Description [Line Items]  
Schedule of Supplemental Cash Flow Information Related to Leases

Supplemental cash flow information related to leases were as follows:

 

For the year ended March 31,

 

 

For the year ended March 31,

 

2023

 

 

2024

 

RMB

 

 

RMB

 

 

 

 

 

 

 

Cash paid for the rentals included in the lease liabilities

 

7,654

 

 

 

1,972

 

Right-of-use assets obtained in exchange for lease liabilities

 

 

 

 

1,137

 

Schedule of Supplemental Consolidated Balance Sheet Information Related to Leases

As of March 31, 2023 and 2024, supplemental consolidated balance sheet information related to leases were as follows:

 

As of March 31,

 

 

As of March 31,

 

2023

 

 

2024

 

RMB

 

 

RMB

 

Right-of-use assets

 

5,441

 

 

 

2,576

 

Current portion of lease liabilities

 

2,654

 

 

 

1,888

 

Non-current lease liabilities

 

753

 

 

 

773

 

Schedule of Lease Term and Discount Rates

Lease term and discount rates were as follows:

 

As of March 31,

 

 

As of March 31,

 

2023

 

 

2024

 

RMB

 

 

RMB

 

Weighted-average remaining lease term

 

 

 

 

 

Operating leases

1.28 years

 

 

1.27 years

 

Weighted-average incremental borrow rate

 

 

 

 

 

Operating leases

 

4.40

%

 

 

4.68

%

Office  
Lessee, Lease, Description [Line Items]  
Schedule of Future Minimum Lease Payments under Non-cancelable Operating Leases

As of March 31,

 

 

As of March 31,

 

2023

 

 

2024

 

RMB

 

 

RMB

 

Maturities of lease liabilities were as follows:

 

 

 

 

 

 2024

 

2,744

 

 

 

 

 2025

 

768

 

 

 

1,933

 

 2026

 

 

 

 

788

 

Total undiscounted lease payments

 

3,512

 

 

 

2,721

 

Less: imputed interest

 

(105

)

 

 

(60

)

Total present value of lease liabilities

 

3,407

 

 

 

2,661