PROPERTY, PLANT AND EQUIPMENT, NET |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Mar. 31, 2026 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Property, Plant, and Equipment [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| PROPERTY, PLANT AND EQUIPMENT, NET | NOTE 6 — PROPERTY, PLANT AND EQUIPMENT, NET
Depreciation charged to expense amounted to RMB5.7 million, RMB5.6 million and RMB5.5 million for the years ended March 31, 2024, 2025 and 2026, respectively.
Based on testing of the future economic benefits derived from the property, plant and equipment, the Company had identified indications of impairment in these assets. Impairment for property, plant and equipment was recorded RMB 9.0 million for the years ended March 31, 2025. No such impairment was recorded for the year ended March 31, 2026.
UTIME LIMITED NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Amounts in thousands, except share data and per share data, or otherwise noted)
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