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CONDENSED CONSOLIDATED BALANCE SHEETS
¥ in Thousands, $ in Thousands
Mar. 31, 2022
CNY (¥)
Mar. 31, 2022
USD ($)
Sep. 30, 2021
CNY (¥)
Current assets:      
Cash and cash equivalents ¥ 7,990 $ 1,260 ¥ 16,317
Restricted cash 107 17 2,935
Accounts receivable, net     370
Amounts due from related parties     201
Prepaid rent and deposit     571
Advances to suppliers 6,339 1,000 12,933
Other current assets 59,929 9,454 143,343
Total current assets 74,365 11,731 176,670
Non-current assets:      
Property and equipment, net 38,426 6,062 38,940
Intangible assets, net 22,941 3,619 152,464
Other assets 9,462 1,492 9,556
Total non-current assets 70,829 11,173 200,960
Total assets 145,194 22,904 377,630
Current liabilities:      
Accounts payable 366,221 57,770 320,269
Deferred revenue 184,013 29,027 195,636
Short-term debt 748,111 118,012 558,705
Rental instalment loans 14,561 2,297 18,094
Deposits from tenants 56,170 8,861 65,785
Contingent liabilities for payable for asset acquisition 164,254 25,910 164,254
Accrued expenses and other current liabilities 1,001,210 157,937 1,024,882
Total current liabilities 2,534,540 399,814 2,347,625
Non-current liabilities:      
Long-term debt 7,744 1,221 201,041
Convertible note, net 325,579 51,359 313,870
Total non-current liabilities 333,323 52,580 514,911
Total liabilities 2,867,863 452,394 2,862,536
Commitments and contingencies (Note 11)
Deficit:      
Ordinary shares (US$0.00001 par value per share; 3,500,000,000 and 50,000,000,000 shares authorized; 1,724,486,700 and 1,732,148,760 shares issued, 1,647,386,700 and 1,655,048,760 shares outstanding as of September 30, 2021 and March 31, 2022, respectively) 111 18 110
Treasury shares, at cost (5) (1) (5)
Additional paid-in capital 1,847,113 291,375 1,845,295
Accumulated deficit (4,621,914) (729,089) (4,378,690)
Accumulated other comprehensive income 42,426 6,693 38,784
Total Q&K International Group Limited shareholders’ deficit (2,732,269) (431,004) (2,494,506)
Noncontrolling interest 9,600 1,514 9,600
Total deficit (2,722,669) (429,490) (2,484,906)
Total liabilities and shareholders’ deficit ¥ 145,194 $ 22,904 ¥ 377,630