Intangible assets, net

12 Months Ended

Mar. 31, 2021

Intangible Assets, Net (Excluding Goodwill) [Abstract]

Intangible assets, net

10. Intangible assets, net

Intangible assets of the Company were mainly as follows:

	As of March 31, 2020			As of March 31, 2021
	RMB			RMB
Cost:
Trademark		447			447
License (Note 3)		3,530			3,530
Dealership (Note 3)		31,717			31,717
Total cost		35,694			35,694
Less: Accumulated amortization		(2,156	)		(6,157	)
Intangible assets, net		33,538			29,537

License and dealership resulting from the business combinations (Note 3) completed during the years ended March 31, 2019 and 2020 have been allocated to the single reporting unit of the Company. The total amount of intangible assets resulting from the business combinations were RMB33.47 million and RMB29.28 million as of March 31, 2020 and 2021, respectively.

The total amortization expenses charged to the consolidated statements of comprehensive loss amounted to approximately RMB0.18 million, RMB1.92 million and RMB4.00 million for the years ended March 31, 2019, 2020 and 2021, respectively.

The annual estimated amortization expense for intangible assets subject to amortization for the succeeding five years is as follows:

	As of March 31,
	2022		2023		2024		2025		2026
Amortization expenses		4,001		4,001		3,770		3,342		3,209