v3.25.2
Intangible Assets, Net
 12 Months Ended
Mar. 31, 2024
Intangible Assets, Net [Abstract]  
Intangible assets, net
10.Intangible assets, net

 

Intangible assets of the Company were mainly as follows:

 

   As of
March 31,		   As of
March 31,		 
   2023   2024 
   RMB   RMB 
         
Cost:        
Trademark   486    474 
License   3,530    3,530 
Dealership   31,717    31,717 
Total cost   35,733    35,721 
Less: Accumulated amortization   (14,139)   (17,811)
Intangible assets, net   21,594    17,910 

 

License and dealership resulting from the business combinations completed during the year ended March 31,2021 have been allocated to the single reporting unit of the Company. The total carrying amount of intangible assets resulting from the business combinations were RMB 21.6 million and RMB 17.9 million as of March 31, 2023 and 2024, respectively.

 

The total amortization expenses of the intangible assets charged to the consolidated statements of operations and comprehensive loss amounted to approximately RMB4.0 million, RMB4.0 million and RMB3.7 million for the years ended March 31, 2022, 2023 and 2024, respectively.

 

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

 

   As of March 31, 
   2025   2026   2027   2028   2029 
Amortization expenses   3,247    3,211    3,208    3,193    3,178