v3.26.1
SCHEDULE OF COMPREHENSIVE (LOSS)/INCOME (Details)
$ in Thousands
 6 Months Ended
Jan. 26, 2026
Nov. 11, 2025
Mar. 31, 2025
CNY (¥)
Sep. 30, 2025
USD ($)
Sep. 30, 2025
CNY (¥)
Sep. 30, 2024
CNY (¥)
Sep. 30, 2025
CNY (¥)
Mar. 31, 2024
CNY (¥)
Current assets                
Cash and Cash equivalents     ¥ 109,213,000 $ 41,198   ¥ 105,345,000 ¥ 293,290,000  
Prepaid expenses and other current assets     45,535,000 6,925     49,302,000  
Non-current assets                
Total assets     206,034,000 61,782     439,828,000  
Current liabilities                
Due to related parties     40,787,000       41,744,000  
Other payables and accrued liabilities     89,350,000 12,669     90,190,000  
Total liabilities     343,888,000 56,204     400,101,000  
Shareholders’ equity                
Subscription Receivables     (22,542)     (160,476,000)  
Accumulated deficit     (878,915,000) (122,100)     (869,600,000)  
Accumulated other comprehensive income     13,317,000 499     3,569,000  
Total shareholders' equity     (137,854,000) 5,578   379,585,000 39,727,000 ¥ 362,607,000
Total liabilities and shareholders' equity     ¥ 206,034,000 61,782     439,828,000  
Reverse share split     1-for-10          
Net (loss)/profit       1,300 ¥ 9,400,000 (127,317,000)    
Comprehensive loss attributable to UTime Limited       (57) (394,000) (126,086,000)    
Subsequent Event [Member]                
Shareholders’ equity                
Reverse share split 1-for-5 100-for-1            
Common Class A [Member]                
Shareholders’ equity                
Ordinary shares [1]     ¥ 26,000 101     719,000  
Reverse share split     1-for-10          
Common Class A [Member] | Subsequent Event [Member]                
Shareholders’ equity                
Reverse share split   100-for-1            
Common Class B [Member]                
Shareholders’ equity                
Ordinary shares [1]          
Parent Company [Member]                
Current assets                
Cash and Cash equivalents     2,000        
Prepaid expenses and other current assets     26,516,000       26,012,000  
Inter-company receivable     466,289,000       446,439,000  
Non-current assets                
Investment in subsidiary     (563,937,000)       (377,906,000)  
Total assets     (71,130,000)       94,545,000  
Current liabilities                
Inter-company payable     (324,000)       42,000  
Other payables and accrued liabilities     38,951,000       25,705,000  
Total liabilities     61,533,000       49,627,000  
Shareholders’ equity                
Additional paid-in capital     732,909,000       1,070,667,000  
Subscription Receivables           (160,476)  
Accumulated deficit     (878,915,000)       (869,561,000)  
Accumulated other comprehensive income     13,317,000       3,569,000  
Total shareholders' equity     (132,663,000)       44,918,000  
Total liabilities and shareholders' equity     (71,130,000)       94,545,000  
Loss from equity method investments         9,357,000 (15,582,000)    
Operating expenses         (3,000) (111,735,000)    
Net (loss)/profit         9,354,000 (127,317,000)    
Foreign currency translation difference         (9,748,000) 1,231,000    
Comprehensive loss attributable to UTime Limited         ¥ (394,000) ¥ (126,086,000)    
Parent Company [Member] | Common Class A [Member]                
Shareholders’ equity                
Ordinary shares [2]     26,000       719,000  
Parent Company [Member] | Common Class B [Member]                
Shareholders’ equity                
Ordinary shares            
Parent Company [Member] | Related Party [Member]                
Current liabilities                
Due to related parties     ¥ 22,906,000       ¥ 23,880,000  
[1] On March 31, 2025, the Company effected a 1-for-10 reverse share split of its ordinary shares; on November 11, 2025, the Company completed a 100-for-1 share consolidation of its Class A ordinary shares; and on January 26, 2026, the Company effected a 1-for-5 reverse share split of its Class A ordinary shares. All share and per share information presented in the accompanying condensed consolidated financial statements have been retrospectively adjusted to reflect these share consolidation events.
[2] On March 31, 2025, the Company effected a 1-for-10 reverse share split of its ordinary shares; on November 11, 2025, the Company completed a 100-for-1 share consolidation of its Class A ordinary shares; and on January 26, 2026, the Company effected a 1-for-5 reverse share split of its Class A ordinary shares. All share and per share information presented in the accompanying condensed consolidated financial statements have been retrospectively adjusted to reflect these share consolidation events.