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Consolidated Statements of Cash Flows
¥ in Thousands, $ in Thousands
12 Months Ended
Jun. 30, 2025
CNY (¥)
Jun. 30, 2025
USD ($)
Jun. 30, 2024
CNY (¥)
Jun. 30, 2023
CNY (¥)
Statement of Cash Flows [Abstract]        
Net loss ¥ (458,902) $ (64,060) ¥ (512,071) ¥ (43,577)
Adjustments to reconcile net loss to net cash generated from operating activities:        
Depreciation expense 9,412 1,314 8,368 3,545
Amortization of intangible assets 92,229 12,875 50,837 848
Non-cash operating lease expense 47,599 6,645 37,091 8,753
Loss on termination of operating lease 702 98 1,031
Provision for allowance for credit losses on financial assets 615,845 85,969 6,821
Impairment of long-term investment 5,200 726
Impairment loss on goodwill and intangible assets 568,239 79,323 426,410
Share-based compensation expenses 73,099 10,204 23,335
Loss on disposal of property, plant and equipment 1,177 164 1,293 2,951
Change in fair value of equity investments and contingent consideration 431 60 73,761
Provision (reversal) on uncertain tax liability (11,184) (1,561) (2,763) 260
Investment income (5,580) (779) (5,779) 177
Net gain on disposal of subsidiaries (902,022) (125,917) (329) (13,737)
Share of loss of affiliates 3,931 549 1,121
Deferred taxes (5,170) (722) 9,298 15,625
Interest accrued for other receivables and loan receivables (29,381) (4,101) (10,924)
Interest expenses 4,564 637
Loss on disposal of investment in an associate 4,330 604
Changes in operating assets and liabilities:        
Accounts receivable and contract assets 286,002 39,924 67,368 21,905
Other receivables and current assets (261,860) (36,553) 8,793 5,354
Other non-current assets 734 102 19,900
Accounts payable and accrued commissions (165,417) (23,091) (61,592) (5,376)
Other payables and accrued expenses 263,830 36,827 (38,109) (6,336)
Other current liabilities (36,904) (5,151) (4,439) (6,293)
Income taxes payable (5,196) (725) (5,236) (1,779)
Lease liability (46,508) (6,492) (36,451) (7,683)
Derecognition of a contingent consideration 22,267 3,108
Net cash (used in) generated from operating activities 71,467 9,977 57,734 (25,363)
Cash flows from investing activities:        
Purchase of short term investments (201,325) (28,104) (1,745,980)
Proceeds from disposal of short term investments 202,446 28,260 2,088,111 4,823
Purchase of property, plant and equipment (5,544) (774) (4,305) (881)
Proceeds from disposal of property and equipment 3,763 525 470
Cash paid out for loan receivables from third parties (188,000) (26,244) (838,800) (110,000)
Cash received for loan receivables from third parties 30,500 4,258 145,500 110,000
Prepaid for intangible assets (20)
Purchase of intangible assets (637) (89) (977)
Cash received from disposal of an Equity investment 353 49
Proceeds from disposal of subsidiaries, net of cash disposed (168,589) (23,534) (12,761) (7,931)
Payment for purchase of additional shares of subsidiary (105) (15)
Cash acquired on non-cash acquisitions 39 5 601,925
Net cash (used in) generated from investing activities (327,099) (45,663) 234,160 (4,986)
Cash flows from financing activities:        
Proceeds of issuance of ordinary shares upon private placement 3,001 420 44,968
Proceeds from bank borrowings 36,601 5,109 98,377
Repayment of bank borrowings and other borrowings (57,490) (8,025) (164,300)
Dividend distributed to noncontrolling interest (29,500)
Repurchase of ordinary shares from open market (10,028)
Proceeds on exercise of stock options 75 10
Disposal of shares of subsidiary 3,624 506
Acquisition of non-controlling interests in subsidiaries (26,358)
Net cash used in financing activities (14,189) (1,980) (86,841)
Net (decrease) increase in cash and cash equivalents, and restricted cash (269,821) (37,666) 205,053 (30,349)
Cash and cash equivalents and restricted cash at beginning of year 370,396 51,705 164,470 194,259
Cash and cash equivalents and restricted cash at the end of the year 105,315 14,701 370,396 164,470
Cash and cash equivalents and restricted cash at the end of the year 105,315   370,396 164,470
Supplemental disclosure of cash flow information:        
Income taxes paid 10,264 1,433 5,236 4
Interests paid 4,564 637 960
Supplemental disclosure of non-cash flow information:        
Right-of-use assets obtained in exchange for lease obligations, net of decrease of right-of-use assets for early terminations 2,290 320 9,666 8,008
Acquisition of subsidiaries through issuing ordinary shares 2,341,942
Effect of exchange rate changes on cash and cash equivalents 4,740 $ 662 873 560
Cash and cash equivalents at the end of the year 82,104   295,693 164,470
Restricted cash at the end of the year ¥ 23,211   ¥ 74,703