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CONSOLIDATED BALANCE SHEETS
¥ in Thousands, $ in Thousands
Mar. 31, 2023
CNY (¥)
Mar. 31, 2023
USD ($)
Mar. 31, 2022
CNY (¥)
Current assets:      
Cash and cash equivalents ¥ 92,700 $ 13,500 ¥ 128,021
Restricted cash 618 90 8,276
Accounts receivable, net 790 115 832
Inventory, net 110,900 16,147 426,257
Loans recognized as a result of payments under guarantees, net of provision for credit losses of RMB324,371 and RMB10,337 as of March 31, 2022 and 2023, respectively     54,888
Other receivables, net of provision for credit losses of RMB30,251 and RMB26,541 as of March 31, 2022 and 2023, respectively 15,345 2,234 166,006
Forward contract assets     36
Prepaid expenses and other current assets 61,390 8,939 90,012
Total current assets 281,749 41,025 874,328
Noncurrent assets:      
Property, equipment and software, net 63,725 9,279 34,531
Long-term investments 288,712 42,040 288,756
Other non-current assets     24,000
Right-of-use assets, net 84,461 12,298 29,584
Total noncurrent assets 436,898 63,617 376,871
Total assets 718,647 104,642 1,251,199
Current liabilities      
Accounts payable 80,668 11,746 92,534
Guarantee liabilities     179
Other payables and other current liabilities 344,502 50,163 674,333
Warrant liabilities 8 1 196,390
Short-term borrowing 20,000 2,912  
Current portion of long-term borrowing     233,000
Current portion of long-term debt 158,736 23,114 102,206
Total current liabilities 603,914 87,936 1,298,642
Noncurrent liabilities      
Consideration payable to Webank 58,559 8,527 107,642
Operating lease liabilities 77,462 11,279 10,866
Long-term borrowings 291,950 42,511  
Long-term debt 264,560 38,523 817,648
Total noncurrent liabilities 692,531 100,840 936,156
Total liabilities 1,296,445 188,776 2,234,798
Commitments
Mezzanine equity      
Senior convertible preferred shares (US$0.0001 par value, 1,000,000,000 and 1,720,000,000 shares authorized as of March 31, 2022 and 2023, respectively; 400,524,323 and 1,151,221,338 shares issued and outstanding as of March 31, 2022 and 2023, respectively) 1,245,721 181,391 526,484
Subscription receivable from shareholders (550,074) (80,097)  
Total Mezzanine equity 695,647 101,294 526,484
Shareholders' deficit      
Ordinary shares (US$0.0001 par value, 9,000,000,000 and 8,280,000,000 shares authorized as of March 31, 2022 and 2023, respectively; 1,146,044,859 Class A ordinary shares and 40,809,861 Class B ordinary shares issued and outstanding as of March 31, 2022; 1,370,016,554 Class A ordinary shares and 40,809,861 Class B ordinary shares issued and outstanding as of March 31, 2023) 806 117 782
Additional paid-in capital 15,451,803 2,249,957 14,254,109
Accumulated other comprehensive income 220,185 32,061 288,461
Accumulated deficit (16,900,000) (2,467,538) (16,053,272)
Total UXIN LIMITED shareholders' deficit (1,273,270) (185,403) (1,509,920)
Non-controlling interests (175) (25) (163)
Total shareholders' deficit (1,273,445) (185,428) (1,510,083)
Total liabilities, mezzanine equity and shareholders' deficit ¥ 718,647 $ 104,642 ¥ 1,251,199