v3.26.1
PROPERTY AND EQUIPMENT, NET
 6 Months Ended
Sep. 30, 2025
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT, NET

NOTE 7 — PROPERTY AND EQUIPMENT, NET

 

   As of
March 31,		   As of
September 30,		 
   2025   2025 
   RMB   RMB 
Office real estate   20,995    20,995 
Furniture and equipment   10,768    10,768 
Production and other machineries   47,845    47,888 
Total   79,608    79,651 
Less: accumulated depreciation   (31,059)   (34,018)
Less: impairment   (8,950)   (8,950)
Property and equipment, net   39,599    36,683 

 

Depreciation charged to expense amounted to RMB3.0 million and RMB 3.0 million for the six months ended September 30, 2024 and 2025, respectively.

 

The accumulated impairment of RMB8.95 million represents impairment losses recognized in prior periods. No additional impairment losses were recognized during the fiscal year ended March 31, 2025 or the six months ended September 30, 2025.

 

 

UTIME LIMITED
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
(Amounts in thousands, except share data and per share data, or otherwise noted)