v3.25.1
Consolidated Balance Sheets
¥ in Thousands, $ in Thousands
Dec. 31, 2024
USD ($)
Dec. 31, 2024
CNY (¥)
Mar. 31, 2024
CNY (¥)
Current assets:      
Cash and cash equivalents $ 3,440 ¥ 25,100 ¥ 23,339
Restricted cash 105 767 594
Accounts receivable, net 569 4,150 2,089
Inventory, net 28,412 207,400 110,494
Loans recognized as a result of payments under guarantees, net of provision for credit losses of RMB10,337 and RMB7,995 as of March 31, 2023 and 2024, respectively
Other receivables, net of provision for credit losses of RMB26,541 and RMB22,739 as of March 31, 2023 and 2024, respectively 2,055 14,998 18,080
Prepaid expenses and other current assets 11,916 86,977 71,787
Total current assets 46,497 339,394 226,383
Non-current assets:      
Property, equipment and software, net 9,784 71,420 74,243
Long-term investments 279,300
Finance lease right-of-use assets, net 184,501 1,346,728 1,339,537
Operating lease right-of-use assets, net 26,631 194,388 168,418
Other non-current assets 268
Total non-current assets 220,916 1,612,536 1,861,766
Total assets 267,413 1,951,930 2,088,149
Current liabilities      
Accounts payable 11,177 81,584 80,745
Other payables and other current liabilities 41,975 306,391 370,802
Current portion of finance lease liabilities 25,188 183,852 51,160
Current portion of operating lease liabilities 1,995 14,563 12,310
Current portion of long-term debt and borrowing 291,950
Total current liabilities 104,394 762,006 885,148
Non-current liabilities      
Long-term borrowing 7,386 53,913
Consideration payable to WeBank 3,731 27,237
Finance lease liabilities 156,333 1,141,118 1,191,246
Operating lease liabilities 24,785 180,920 154,846
Total non-current liabilities 192,235 1,403,188 1,346,092
Total liabilities 296,629 2,165,194 2,231,240
Mezzanine equity      
Redeemable non-controlling interests 21,232 154,977 149,991
Total Mezzanine equity 21,232 154,977 149,991
Shareholders’ deficit      
Ordinary shares (US$0.0001 par value, 8,280,000,000 and 190,100,000,000 shares authorized as of March 31, 2023 and 2024, respectively; 1,370,016,554 Class A ordinary shares and 56,340,671,538 Class A ordinary shares issued and outstanding as of March 31, 2023 and 2024, respectively; 40,809,861 Class B ordinary shares issued and outstanding as of March 31, 2023 and 2024) 5,455 39,816 39,806
Additional paid-in capital 2,604,078 19,007,948 18,928,837
Subscription receivable from shareholders (8,284) (60,467) (107,879)
Accumulated other comprehensive income 31,198 227,718 225,090
Accumulated deficit (2,682,862) (19,600,000) (19,378,705)
Total Uxin Limited shareholders’ deficit (50,415) (368,002) (292,851)
Non-controlling interests (33) (239) (231)
Total shareholders’ deficit (50,448) (368,241) (293,082)
Total liabilities, mezzanine equity and shareholders’ deficit 267,413 1,951,930 2,088,149
Third Parties [Member]      
Current liabilities      
Short-term borrowing 23,922 174,616 71,181
Related Party [Member]      
Current liabilities      
Short-term borrowing $ 137 ¥ 1,000 ¥ 7,000