Income Tax Benefits (Tables)

12 Months Ended

Mar. 31, 2024

Income Tax Benefits [Abstract]

Schedule of Deferred Components of Income Taxes

The current and deferred components of income taxes appearing in the consolidated statements of comprehensive loss are as follows:

	Year ended March 31,
	2023			2024
	RMB			RMB
Current tax expenses		-			-
Deferred tax benefit		(171	)		(171	)
Total income tax benefits		(171	)		(171	)

Schedule of Deferred Tax Assets and Liabilities

The principal components of the deferred tax assets and liabilities are as follows:

	As of March 31,
	2023			2024
	RMB			RMB
Deferred income tax assets (liabilities) :
Impairment on receivables		450			111
Inventories		1,889			1,784
Deferred revenue		2,174			-
Accrued expenses and employee benefits		3,258			2,399
Equity method investment and others		-			-
Net operating loss carry forwards		27,977			24,562
Total gross deferred tax assets		35,748			28,796
Less: valuation allowances		(32,490	)		(26,457	)
Total deferred tax assets, net of valuation allowance		3,258			2,399
Prepaid expenses and other current assets		(3,258	)		(2,399	)
Unrealized foreign exchange difference and others		-			-
Amortisation & impairment of intangible asset		(295	)		(125	)
Deferred tax liabilities, net		(295	)		(125	)

Schedule of Income Tax Expenses

Reconciliation between total income tax expenses and the amount computed by applying the statutory income tax rate to income before taxes is as follows:

	Year ended March 31,
	2023			2024
	%			%
Statutory rate in PRC		25			25
Effect of preferential tax treatment		(1	)		(4	)
Effect of different tax jurisdiction		(19	)		(7	)
Effect of permanence differences		-			-
Research and development super-deduction		2			2
Changes in valuation allowance		(7	)		(15	)
Under provision in prior year
Total income tax provision		-			-