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Consolidated Balance Sheets
¥ in Thousands, $ in Thousands
Mar. 31, 2021
USD ($)
Mar. 31, 2021
CNY (¥)
Mar. 31, 2020
CNY (¥)
Current assets:      
Cash and cash equivalents $ 44,605 ¥ 292,237 ¥ 88,352
Short-term investments 25,725 168,546  
Accounts receivable, net 6,980 45,732 44,980
Inventories, net 13,974 91,551 63,056
Prepayments and other current assets 13,013 85,261 76,720
Amounts due from related parties 1,750 11,465 5,982
Total current assets 106,047 694,792 279,090
Non-current assets:      
Property and equipment, net 1,280 8,386 4,981
Intangible assets 4,508 29,537 33,538
Operating lease right-of-use assets 4,462 29,234 14,951
Long-term investments 11,345 74,330 73,432
Goodwill 6,133 40,184 40,184
Other non-current asset 627 4,111 11,019
Total non-current assets 28,355 185,782 178,105
Total assets 134,402 880,574 457,195
Current liabilities      
Short-term borrowings (including amounts of the consolidated VIEs and VIEs' subsidiaries without recourse to the Company of RMB2,761 and RMB3,484 as of March 31, 2020 and 2021, respectively) 13,061 85,566 75,223
Accounts payable (including amounts of the consolidated VIEs and VIEs' subsidiaries without recourse to the Company of RMB 331,760 and RMB 439,879 as of March 31, 2020 and 2021, respectively) 10,966 71,848 88,005
Salary and welfare payable (including amounts of the consolidated VIEs and VIEs' subsidiaries without recourse to the Company of RMB3,789 and RMB4,851 as of March 31, 2020 and 2021, respectively) 963 6,309 4,465
Accrued liabilities and other current liabilities (including amounts of the consolidated VIEs and VIEs' subsidiaries without recourse to the Company of RMB116,516 and RMB225,709 as of March 31, 2020 and 2021, respectively) 4,587 30,055 37,883
Amounts due to related parties, current (including amounts of the consolidated VIEs and VIEs' subsidiaries without recourse to the Company of RMB45 and RMB910 as of March 31, 2020 and 2021, respectively) 139 910 45
Other debts, current (including amounts of the consolidated VIEs and VIEs' subsidiaries without recourse to the Company of nil as of March 31, 2020 and 2021, respectively)     76,252
Contract liabilities (including amounts of the consolidated VIEs and VIEs' subsidiaries without recourse to the Company of RMB7,621 and RMB3,706 as of March 31, 2020 and 2021, respectively) 590 3,866 7,702
Operating lease liabilities, current (including amounts of the consolidated VIEs and VIEs' subsidiaries without recourse to the Company of RMB6,652 and RMB7,726 as of March 31, 2020 and 2021, respectively) 1,231 8,063 7,969
Derivative liabilities (including amounts of the consolidated VIEs and VIEs' subsidiaries without recourse to the Company of nil as of March 31, 2020 and 2021, respectively) 1,526 9,996 14,351
Total current liabilities 33,063 216,613 311,895
Non-current liabilities      
Deferred tax liabilities (including amounts of the consolidated VIEs and VIEs' subsidiaries without recourse to the Company of RMB2,593 and RMB1,852 as of March 31, 2020 and 2021, respectively) 1,367 8,958 10,591
Operating lease liabilities, non-current (including amounts of the consolidated VIEs and VIEs' subsidiaries without recourse to the Company of RMB5,375 and RMB19,997 as of March 31, 2020 and 2021, respectively) 3,052 19,997 5,375
Long-term borrowings (including amounts of the consolidated VIEs and VIEs' subsidiaries without recourse to the Company of RMB982 and RMB872 as of March 31, 2020 and 2021, respectively) 10,390 68,075 53,148
Other debts, non-current (including amounts of the consolidated VIEs and VIEs' subsidiaries without recourse to the Company of RMB147,774 and RMB415,122 as of March 31, 2020 and 2021, respectively) 66,133 433,292 165,774
Amounts due to related parties, non-current (including amounts of the consolidated VIEs and VIEs' subsidiaries without recourse to the Company of RMB10,450 and nil as of March 31, 2020 and 2021, respectively)     11,521
Total non-current liabilities 80,942 530,322 246,409
Total liabilities 114,005 746,935 558,304
Commitments and contingencies (Note 28)
Mezzanine equity:      
Redeemable Non-controlling Interest, Equity, Carrying Amount  
Receivable for issuance of preferred shares (94,758)
Redeemable non-controlling interests 908 5,946
Total mezzanine equity 908 5,946 1,857,947
Shareholders' deficit:      
Common Stock Value
Additional paid-in capital 499,498 3,272,612
Statutory reserves 465 3,047 2,627
Accumulated other comprehensive loss (3,079) (20,172) 11,204
Accumulated deficit (421,240) (2,759,882) (2,016,758)
Receivable for issuance of ordinary shares (63,094) (413,377) (9)
Total shareholders' deficit 12,618 82,674 (2,002,797)
Non-controlling interests 6,871 45,019 43,741
Total shareholders' deficit 19,489 127,693 (1,959,056)
Total liabilities, mezzanine equity and shareholders' deficit 134,402 880,574 457,195
Ordinary Shares [Member]      
Shareholders' deficit:      
Common Stock Value     139
Total shareholders' deficit     139
Series A Redeemable Convertible Preferred Shares [Member]      
Mezzanine equity:      
Redeemable Non-controlling Interest, Equity, Carrying Amount     484,122
Series B Redeemable Convertible Preferred Shares [Member]      
Mezzanine equity:      
Redeemable Non-controlling Interest, Equity, Carrying Amount     527,682
Series C Redeemable Convertible Preferred Shares [Member]      
Mezzanine equity:      
Redeemable Non-controlling Interest, Equity, Carrying Amount     420,419
Series D Redeemable Convertible Preferred Shares [Member]      
Mezzanine equity:      
Redeemable Non-controlling Interest, Equity, Carrying Amount     188,183
Series D-1 Redeemable Convertible Preferred Shares [Member]      
Mezzanine equity:      
Redeemable Non-controlling Interest, Equity, Carrying Amount     164,282
Series D-2 Redeemable Convertible Preferred Shares [Member]      
Mezzanine equity:      
Redeemable Non-controlling Interest, Equity, Carrying Amount     89,464
Series E Redeemable Convertible Preferred Shares [Member]      
Mezzanine equity:      
Redeemable Non-controlling Interest, Equity, Carrying Amount     ¥ 78,553
Class A Ordinary Shares [Member]      
Shareholders' deficit:      
Common Stock Value 56 364  
Class A Ordinary Shares [Member] | Ordinary Shares [Member]      
Shareholders' deficit:      
Total shareholders' deficit   364  
Class B Ordinary Shares [Member]      
Shareholders' deficit:      
Common Stock Value $ 12 82  
Class B Ordinary Shares [Member] | Ordinary Shares [Member]      
Shareholders' deficit:      
Total shareholders' deficit   ¥ 82