v3.26.1
Leases (Tables)
12 Months Ended
Mar. 31, 2026
Leases [Abstract]  
Schedule of Operating Leases All of the Company’s leases qualify as operating leases.
   As of
March 31,
   As of
March 31,
 
   2025   2026 
   RMB   RMB 
         
Assets        
Operating lease right-of-use assets   3,084    3,739 
           
Liabilities          
Operating lease liabilities, current   1,714    1,070 
Operating lease liabilities, non-current   851    2,273 
Total operating lease liabilities   2,565    3,343 
Weighted average remaining lease term (years)   1.42    2.91 
Weighted average discount rate   4.59%   3.35%

 

Information related to operating lease activity during the years ended March 31, 2024, 2025 and 2026 are as follows:

 

   Year ended
March 31,
2024
   Year ended
March 31,
2025
   Year ended
March 31,
2026
 
   RMB   RMB   RMB 
             
Operating lease right-of-use assets obtained in exchange for lease obligations  4,545   3,635   4,369 
                
Operating lease related expenses               
Amortization of right-of-use assets   17,948    9,502    2,690 
Interest of lease liabilities   199    318    87 
    18,147    9,820    2,777 

 

   Year ended
March 31,
2024
   Year ended
March 31,
2025
   Year ended
March 31,
2026
 
   RMB   RMB   RMB 
                
Operating lease payments (included in measurement of lease liabilities)   17,977    10,114    2,702 
Schedule of Maturities of Lease Liabilities

Maturities of lease liabilities were as follows:

   Year ended
March 31,
2026
 
   RMB 
For the year ending March 31,    
2027   1,441 
2028   1,147 
2029   1,055 
2030 and thereafter   154 
Total lease payments   3,797 
Less: imputed interest   (454)
Total   3,343