v3.25.2
Intangible Assets, Net (Tables)
12 Months Ended
Mar. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Intangible Assets

The following table summarizes the Group’s intangible assets, net:

 

As of March 31, 2024

 

 

Gross
carrying
amount

 

 

Accumulated
amortization

 

 

Accumulated
impairment
amount

 

 

Net carrying
amount

 

 

RMB

 

 

RMB

 

 

RMB

 

 

RMB

 

Domain name

 

 

12,789

 

 

 

(3,635

)

 

 

(8,921

)

 

 

233

 

Trademarks

 

 

1,481

 

 

 

(765

)

 

 

 

 

 

716

 

Insurance agency license

 

 

2,848

 

 

 

(748

)

 

 

(2,100

)

 

 

 

Broadcasting license

 

 

86,667

 

 

 

(47,977

)

 

 

(38,690

)

 

 

 

Buyer and customer relationship(1)

 

 

39,500

 

 

 

(14,562

)

 

 

(24,938

)

 

 

 

Technology(1)

 

 

9,900

 

 

 

(3,660

)

 

 

(6,240

)

 

 

 

Total

 

 

153,185

 

 

 

(71,347

)

 

 

(80,889

)

 

 

949

 

 

 

As of March 31, 2025

 

 

Gross
carrying
amount

 

 

Accumulated
amortization

 

 

Accumulated
impairment
amount

 

 

Net carrying
amount

 

 

RMB

 

 

RMB

 

 

RMB

 

 

RMB

 

Domain name

 

 

12,904

 

 

 

(3,775

)

 

 

(8,921

)

 

 

208

 

Trademarks

 

 

1,482

 

 

 

(972

)

 

 

 

 

 

510

 

Insurance agency license

 

 

2,848

 

 

 

(748

)

 

 

(2,100

)

 

 

 

Broadcasting license

 

 

86,667

 

 

 

(47,977

)

 

 

(38,690

)

 

 

 

Buyer and customer relationship(1)

 

 

39,500

 

 

 

(14,562

)

 

 

(24,938

)

 

 

 

Technology(1)

 

 

9,900

 

 

 

(3,660

)

 

 

(6,240

)

 

 

 

Total

 

 

153,301

 

 

 

(71,694

)

 

 

(80,889

)

 

 

718

 

 

(1)
Buyer and customer relationship and technology were acquired through the Group’s acquisitions with Ruisha Technology during the year ended March 31, 2022, which were measured at fair value upon the completion of acquisition.
Schedule of Amortization Expense

As of March 31, 2025, amortization expense related to the intangible assets for future periods are estimated to be as follows:

 

For the years ended March 31,

 

RMB

 

2026

 

 

176

 

2027

 

 

156

 

2028

 

 

127

 

2029

 

 

102

 

2030

 

 

59

 

Thereafter

 

 

98

 

 

 

718