v3.26.1
Unaudited Condensed Consolidated Statements of Cash Flows
¥ in Thousands, $ in Thousands
6 Months Ended
Mar. 31, 2026
USD ($)
Mar. 31, 2026
CNY (¥)
Mar. 31, 2025
CNY (¥)
Operating activities:      
Net loss $ (2,596) ¥ (17,908) ¥ (677,712)
Adjustments to reconcile net loss to net cash used in operating activities:      
Accretion of interest expenses 1,504 10,374 17,151
Operating lease right of use assets 11 76 143
Allowance for credit losses 32 220
Impairment of goodwill 644,908
Changes in operating assets and liabilities:      
Accounts receivable 71 493 14,578
Advance to supplier (424) (2,918) (1,273)
Other current assets 53 363 6,270
Accounts payable 111 764 (11,527)
Tax payable (318)
Advance from customer 14 94
Accrued expenses and other current liabilities 3 20
Lease liabilities (11) (79) (168)
Net cash used in operating activities (1,232) (8,501) (7,948)
Investing activities:      
Proceeds from disposal of property and equipment 1 6
Purchase of short-term investments (581) (4,010)
Proceeds of sale of short-term investment 520 3,590 330
Purchase in acquisition of a subsidiary (1,107)
Cash and restricted cash acquired in acquisition of a subsidiary 476
Net cash used in investing activities (60) (414) (301)
Financing activities:      
Proceeds from short-term debt 228 1,572 65,073
Proceeds from borrowing from related parties 1,060
Repayment of notes payable (60,231)
Net cash provided by financing activities 228 1,572 5,902
Effect of foreign exchange rate changes 131 905 (848)
Net decrease in cash and cash equivalents and restricted cash (933) (6,438) (3,195)
Cash, cash equivalents and restricted cash at the beginning of the period 2,302 15,879 13,085
Cash, cash equivalents and restricted cash at the end of the period 1,369 9,441 9,890
Supplemental Cash Flow Information      
Cash paid for income tax 236
Non-cash Investing and Financing activities      
Short-term debt settled by ordinary shares ¥ (61,808)