v3.25.2
Summary of Significant Accounting Policies (Tables)
12 Months Ended
Mar. 31, 2025
Accounting Policies [Abstract]  
Summary of Movement of Allowance for Credit Losses

The following table summarized the movement of allowance for credit losses:

 

 

Year ended March 31,

 

 

 

2023

 

 

2024

 

 

2025

 

 

 

RMB

 

 

RMB

 

 

RMB

 

Balance at the beginning of year

 

 

(30,016

)

 

 

(30,605

)

 

 

(6,373

)

Cumulative effect of adoption of new accounting standard

 

 

 

 

 

(1,707

)

 

 

 

Reversals/(Provisions)

 

 

(648

)

 

 

(2,649

)

 

 

(7,344

)

Write-offs

 

 

59

 

 

 

28,588

 

 

 

161

 

Balance at the end of year

 

 

(30,605

)

 

 

(6,373

)

 

 

(13,556

)

Schedule of Estimated Useful Lives of Property and Equipment The estimated useful lives are as follows:

Building

 

20-46 years

Electronic equipment

 

3 years

Furniture and office equipment

 

5 years

Computer software

 

3-10 years

Vehicles

 

5 years

Leasehold improvements

 

Shorter of the expected use life or the lease term

Schedule of Estimated Useful Lives of Intangible Assets

The estimated useful lives of intangible assets are as follows:

Domain name

 

5-20 years

Trademarks

 

4-10 years

Insurance agency license

 

20 years

Broadcasting license

 

4-5 years

Buyer and customer relationship

 

5 years

Brand

 

2-8 years

Technology

 

2-5 years

Strategic business resources

 

3-5 years