Long-Term Investments (Tables)

12 Months Ended

Mar. 31, 2023

Long-term Investments and Receivables, Net [Abstract]

Summary of Long-Term Investment

The Company’s long-term investments consist of the following:

	As of March 31, 2022		As of March 31, 2023
	RMB		RMB
Equity method investments		6,783		7,494
Available-for-sale investments		74,866		68,011
Equity securities with readily determinable fair values		670		102
Total		82,319		75,607

Summary of Available-For-Sale Debt Investments

Available-for-sale debt investments

The following table summarizes the Company’s available-for-sale debt investments as of March 31, 2022:

	Cost		Gross unrealized gains		Gross unrealized losses			Disposal of Long-term investments		Fair value
Unlisted debt securities		76,000		—		(1,134	)		—		74,866

The following table summarizes the Company’s available-for-sale debt investments as of March 31, 2023:

	Cost		Gross unrealized gains		Gross unrealized losses			Disposal of Long-term investments			Fair value
Unlisted debt securities		76,000		—		(7,561	)		(428	)		68,011

Summary of Equity Securities With Readily Determinable Fair Values

Equity securities with readily determinable fair values

The following table summarizes the Company’s equity securities with readily determinable fair values as of March 31, 2022:

	Cost		Gross unrealized gains		Gross unrealized losses			Fair value
Listed company		1,292		—		(622	)		670

The following table summarizes the Company’s equity securities with readily determinable fair values as of March 31, 2023:

	Cost		Gross unrealized gains		Gross unrealized losses			Fair value
Listed company		1,292		—		(1,190	)		102