Market Capitalization Overview - New Oriental has a market capitalization of 14.065 billion [2] - TAL Education (好未来) has a market capitalization of 8.413 billion [2] - Miniso (名创优品) has a market capitalization of 5.728 billion [2] - JD.com (京东) has a market capitalization of 66.01 billion [2] - iQIYI (爱奇艺) has a market capitalization of 2.439 billion [3] Stock Performance - New Oriental's stock decreased by 0.15 (-0.77%) [2] - TAL Education's stock decreased by 0.21 (-1.20%) [2] - Miniso's stock increased by 1.24 (+2.61%) [2] - iQIYI's stock decreased by 0.05 (-0.48%) [3] - JD.com's stock increased by 0.39 (+3.92%) [3] Company Comparisons - New Oriental's market cap is significantly higher than that of TAL Education, which is about 60% of New Oriental's value [2] - Miniso's market cap is approximately 67% of TAL Education's market cap [2] - iQIYI's market cap is lower than that of Miniso, indicating a weaker market position [3] Industry Insights - The overall market performance shows a mixed trend with some companies experiencing gains while others face declines [2][3] - The education sector, represented by New Oriental and TAL Education, shows volatility with both companies experiencing stock price fluctuations [2] - E-commerce and entertainment sectors, represented by Miniso and iQIYI, also reflect varying market sentiments [2][3]

Market Capitalization Summary - New Oriental has a market capitalization of 13.696 billion [2] - TAL Education has a market capitalization of 8.011 billion [2] - Vipshop has a market capitalization of 8.175 billion [2] - 51Talk has a market capitalization of 7.533 billion [2] - Xunlei has a market capitalization of 6.438 billion [2] - 76.67 billion market capitalization for another unspecified company [2] - 56.88 billion market capitalization for another unspecified company [2] - 32.89 billion market capitalization for another unspecified company [2] - 16.27 billion market capitalization for another unspecified company [2] - 12.30 billion market capitalization for Lexin [2] - 9.91 billion market capitalization for Youdao [2] - 5.19 billion market capitalization for Dada [2] Stock Performance - New Oriental's stock increased by 0.09 (+0.50%) [2] - TAL Education's stock decreased by 0.01 (-0.28%) [2] - Vipshop's stock increased by 0.27 (+1.46%) [2] - 51Talk's stock decreased by 1.09 (-2.28%) [2] - Xunlei's stock increased by 0.16 (+1.11%) [2] - 76.67 billion market capitalization company increased by 0.13 (+1.24%) [2] - 56.88 billion market capitalization company decreased by 0.14 (-0.77%) [2] - 32.89 billion market capitalization company increased by 0.65 (+2.58%) [2] - 16.27 billion market capitalization company increased by 0.02 (+1.20%) [2] - Lexin's stock increased by 0.22 (+2.68%) [2] - Youdao's stock decreased by 0.11 (-1.21%) [2] - Dada's stock decreased by 0.06 (-1.58%) [2] Additional Company Insights - The market capitalization of various companies ranges significantly, with some exceeding 10 billion [2] - Companies like New Oriental and TAL Education show contrasting stock performance trends, indicating varying investor sentiment [2] - The overall market appears to be volatile, with both increases and decreases in stock prices across different companies [2]

Market Capitalization Summary - The market capitalizations of various companies are listed, with notable figures including 136.20 billion for a leading company and 88.05 billion for another significant player [2] - Companies like MINISO and VIPSHOP have market caps of 76.81 billion and 75.61 billion respectively, indicating strong positions in the market [2] - TAL Education and other firms show varying market caps, with TAL at 66.64 billion and others like Zai Auto and Huya at 35.18 billion and 29.68 billion respectively [2] Stock Performance Overview - Stock price changes are noted, with MINISO showing a slight increase of +0.07 (+0.41%) and VIPSHOP increasing by +0.24 (+1.70%) [2] - TAL Education's stock rose by +1.03 (+2.43%), while other companies like Dada and Yatsen experienced minor fluctuations [2] - Companies such as Lexin and Huya saw declines, with Lexin down by -0.49 (-5.71%) and Huya down by -0.19 (-4.24%) [2] Company Specific Insights - MINISO and VIPSHOP are highlighted as strong competitors in the retail sector, with significant market caps and positive stock performance [2] - TAL Education continues to show resilience with a notable market cap and stock price increase, reflecting investor confidence [2] - Companies like Dada and Yatsen are also mentioned, indicating a diverse range of players in the market with varying performance metrics [2]

Market Capitalization Overview - The market capitalization of TAL Education Group is 14.95 billion, while Vipshop Holdings has a market cap of 9.21 billion [2] - Other companies such as Miniso and Qifu Technology have market caps of 7.77 billion and 6.33 billion respectively [2] - The market cap of various companies shows a range from 5.22 million to 149.53 billion, indicating a diverse market landscape [2] Stock Performance - TAL Education Group's stock increased by 1.64 (+1.55%), while Vipshop's stock rose by 0.07 (+1.88%) [2] - Miniso's stock saw a significant increase of 1.24 (+6.99%), indicating strong market performance [2] - Companies like Huya and Yiren Digital experienced slight declines in their stock prices, with decreases of -0.03 (-0.81%) and -0.10 (-0.96%) respectively [2] Comparative Analysis - The comparison of market caps shows that TAL Education Group leads with 14.95 billion, followed by Vipshop and Miniso [2] - The performance of stocks varies significantly, with some companies like Miniso showing robust growth compared to others that faced declines [2] - The data indicates a competitive environment among these companies, with varying degrees of market success and stock performance [2]

118.82亿市值 84.81亿市值 72.54亿市值 85.34 3.75 44.36 -0.11(-0.25%) +5.12(+6.38%) +0.14(+4.03%) 降層時間 TALHAR 好未来 唯品会 唯品会 的品 69.89亿市值 65.78亿市值 65.04亿市值 16.72 12.78 10.74 +0.53(+3.27%) +0.48(+3.95%) +0.75(+7.51%) 再鼎医药 商富科技 SOU 名创优品 zai ... 53.26亿市值 51.93亿市值 35.82亿市值 32.53 37.96 16.60 +0.62(+3.88%) +2.47(+6.96%) +2.82(+9.49%) 陆金所控股 == CD 金山云 the m 21.41亿市值 32.72亿市值 31.82亿市值 2.47 27.63 11.69 +0.58(+2.16%) +0.69(+6.27%) +0.09(+3.78%) 雾芯科技 ion) 爱奇艺 G 微博 RELX 17.09亿市值 21.26亿市值 19.55亿市值 1.75 7.81 1.77 +0.01(+0.29%) +0.14(+1. ...

UNIO.COM UNIO.COM IN 10.COM @ JIN10.COM 金十数据 | 一个交易工具 金十图示：2025年04月08日（周二）热门中概股行情一览（美股盘中） 71.94亿市值 69.52亿市值 66.88亿市值 3.23 42.51 13.04 -0.36(-2.72%) -0.13(-3.87%) -0.07(-0.16%) tal 好未来 61.59亿市值 哔哩哔哩 ) 可富科技 的品 64.03亿市值 52.01亿市值 15.36 10.17 37.07 -0.27(-1.70%) -0.77(-7.04%) +0.99(+2.74%) 再鼎医药 金山云 SOS 名创优品 zai. 46.11亿市值 30.52亿市值 29.75亿市值 14.74 12.10 27.71 -1.08(-6.85%) -1.09(-3.80%) -0.47(-3.74%) 陆金所控股 雾芯科技 == ttp://www. RELX 23.27亿市值 21.45亿市值 29.50亿市值 2.48 1.83 24.62 -0.18(-0.73%) +0.02(+1.10%) -0.01(-0.20%) i ...

Revenue and Financial Performance - Revenue contributed by the VIEs accounted for 30.1%, 37.8%, and 33.5% of total revenues for the fiscal years 2022, 2023, and 2024, respectively[25]. - For the year ended March 31, 2023, MOGU Inc. reported third-party revenues of RMB 160,344 thousand, with a net loss of RMB 66,959 thousand[61]. - The total third-party revenues for the year ended March 31, 2024, were RMB 232,076 thousand, while the net loss attributable to ordinary shareholders was RMB 177,984 thousand[62]. - The company recorded net losses of RMB642.4 million, RMB186.4 million, and RMB67.0 million (US$9.3 million) for the years ended March 31, 2022, 2023, and 2024, respectively[97]. - Revenues decreased by 30.0% from RMB482.4 million in the year ended March 31, 2021, to RMB337.5 million in the year ended March 31, 2022, and further decreased by 31.2% to RMB232.1 million in the year ended March 31, 2023, and by 30.9% to RMB160.3 million (US$22.2 million) in the year ended March 31, 2024[101]. - The company incurred third-party costs and expenses of RMB 252,300 thousand for the year ended March 31, 2023[61]. - The share of loss from subsidiaries and VIEs was RMB 981,675,000, indicating significant financial strain from these investments[64]. - The company reported inter-company revenues of RMB 10,954 thousand for the year ended March 31, 2023[61]. - The total third-party other operating income for the year ended March 31, 2023, was RMB 12,784 thousand[61]. Business Operations and Strategy - The company operates a KOL-driven online fashion and lifestyle platform, Mogujie, enhancing user experience through live-streaming content[18]. - The acquisition of Ruisha Technology is expected to expand business operations and deepen cooperation with business customers[18]. - The company provides customized online branding solutions, focusing on fashion, beauty, healthcare, and grocery products[18]. - The company aims to improve operational efficiency by offering a wider range of products tailored to female users' consumption needs[18]. - The company plans to reduce service fees charged by variable interest entities, which were RMB 10.6 million, RMB 8.4 million, and RMB 5.8 million for the years ended March 31, 2022, 2023, and 2024, respectively[64]. - The company is exploring new products and services to diversify its offerings and enhance revenue sources in the future[105]. - The company aims to strengthen its brand and grow its user base in a cost-effective manner to achieve revenue growth[97]. - The company has expanded its product offerings beyond fashion apparel to include lifestyle and healthcare products, which may expose it to new risks and challenges[190]. Regulatory and Compliance Risks - The company faces risks related to evolving PRC laws, including potential regulatory actions that could adversely affect operations and the value of ADSs[45]. - The Anti-Monopoly Guidelines and the Anti-Monopoly Law impose stricter regulations on business practices, potentially increasing compliance costs[47]. - New data security regulations require cybersecurity reviews for network platform operators with over one million users, impacting future public offerings[48]. - The Holding Foreign Companies Accountable Act may lead to trading prohibitions if audit reports are not inspected by the PCAOB for two consecutive years[49]. - The PCAOB has secured access to inspect audit firms in mainland China, reducing the risk of being identified as a "Commission-Identified Issuer" under the HFCAA[50]. - The Consolidated Appropriations Act, 2023, reduces the non-inspection period from three years to two, increasing the urgency for compliance with PCAOB inspection requirements[53]. - The company faces significant risks related to its corporate structure, including potential penalties if the VIE structure does not comply with PRC regulations[90]. - The company must comply with evolving PRC laws on data privacy and cybersecurity, which may increase operational costs and regulatory scrutiny[155]. Financial Position and Assets - Cash and cash equivalents as of March 31, 2024, totaled RMB 358,787,000, indicating a strong liquidity position[66]. - Total assets as of March 31, 2024, were RMB 938,362,000, with significant investments in subsidiaries and variable interest entities[66]. - Total liabilities as of March 31, 2024, were RMB 323,908,000, reflecting a reduction in overall debt levels[66]. - The total shareholders' equity as of March 31, 2024, was RMB 614,454,000, showing a recovery in equity position[66]. - The company reported a total of RMB 1,169,306 thousand in liabilities, which includes a significant portion due to related parties and intercompany balances[68]. - The company has identified material weaknesses in its internal control over financial reporting as of March 31, 2024, which could impact the accuracy of its financial statements[209]. Market and Competitive Environment - The company faces intense competition from major e-commerce platforms and traditional retailers in China, which may impact its market share and user engagement[111]. - The company’s business model has negatively affected its ability to achieve growth and profitability over the last two years[101]. - The popularity of KOLs is crucial for user engagement, and any decline in their popularity could adversely affect user traffic and financial performance[120]. - The company generates a portion of revenues from marketing services, which depend on the development of the online marketing industry in China[130]. Cybersecurity and Data Privacy - The company faces risks related to cybersecurity, which could lead to significant legal and financial repercussions if breaches occur[123]. - The company generates and processes large amounts of data, facing challenges in data protection and compliance with applicable laws[154]. - Any failure to comply with data privacy laws could result in regulatory enforcement actions and damage to the company's reputation[168]. - The company has implemented measures to monitor products on its platform, but cannot guarantee complete prevention of intellectual property infringement by third parties[203]. Management and Operational Challenges - The company’s operations depend substantially on its management team, and losing key members could disrupt business and incur significant replacement costs[197]. - The company has not maintained effective internal control over financial reporting, which may lead to inaccuracies in financial reporting and increased scrutiny from independent auditors[210]. - The company faces potential intellectual property infringement claims that could disrupt operations and incur significant legal costs[201]. Future Outlook and Strategic Initiatives - The company intends to retain most, if not all, available funds and future earnings to operate and expand its business, with no plans to require PRC subsidiaries to distribute retained earnings[83]. - Future outlook includes continued focus on cash management policies to enhance operational efficiency and mitigate risks associated with cash flow[75]. - The company may engage in future acquisitions or strategic alliances that could require significant management attention and resources[196].

Financial Performance - Total revenues for the six months ended September 30, 2023 decreased by 27.5% to RMB83.3 million (US$11.4 million) from RMB114.8 million during the same period of the fiscal year 2023[3] - Gross merchandise value (GMV) for the six months ended September 30, 2023 was RMB2,196 million (US$301.0 million), a decrease of 22.3% year-on-year[3] - Live video broadcast (LVB) associated GMV for the six months ended September 30, 2023 decreased by 20.9% to RMB2,137 million (US$292.9 million)[3] - Loss from operations for the six months ended September 30, 2023 was RMB52.1 million (US$7.1 million), compared to a loss of RMB48.1 million in the same period of the fiscal year 2023[10] - Net loss attributable to MOGU Inc. for the six months ended September 30, 2023 was RMB35.4 million (US$4.9 million), compared to a net loss of RMB57.4 million in the same period of the fiscal year 2023[11] - Commission revenues for the six months ended September 30, 2023 decreased by 22.4% to RMB55.6 million (US$7.6 million) from RMB71.7 million in the same period of the fiscal year 2023[6] - Marketing services revenues for the six months ended September 30, 2023 decreased by 75.0% to RMB0.7 million (US$0.1 million) from RMB3.0 million in the same period of the fiscal year 2023[6] - Total revenues for the three months ended September 30, 2023, were RMB 83,302 thousand, down 27.5% from RMB 114,846 thousand in the same period of 2022[24] - The net loss for the three months ended September 30, 2023, was RMB 42,512 thousand, a reduction of 27.7% compared to a net loss of RMB 58,845 thousand in the same period of 2022[24] - MOGU's commission revenues for the three months ended September 30, 2023, were RMB 55,619 thousand, a decrease of 22.4% from RMB 71,700 thousand in the same period of 2022[24] - Net loss for the six months ended September 30, 2023, was RMB 42,512, compared to RMB 58,845 for the same period in 2022, representing a reduction of approximately 27.8%[28] Cash and Assets - Cash and cash equivalents, restricted cash, and short-term investments were RMB470.3 million (US$64.5 million) as of September 30, 2023, compared with RMB562.8 million as of March 31, 2023[12] - Cash and cash equivalents decreased to RMB 366,151 thousand as of September 30, 2023, from RMB 416,201 thousand as of March 31, 2023, reflecting a decline of 12.0%[22] - As of September 30, 2023, MOGU Inc. reported total assets of RMB 928,247 thousand, a decrease of 5.9% from RMB 986,148 thousand as of March 31, 2023[22] - The company’s total liabilities decreased to RMB 291,646 thousand as of September 30, 2023, from RMB 314,789 thousand as of March 31, 2023, a decline of 7.3%[22] - MOGU's total shareholders' equity as of September 30, 2023, was RMB 636,601 thousand, down from RMB 671,359 thousand as of March 31, 2023, representing a decrease of 5.2%[22] Operational Changes and Future Plans - The company plans to strengthen its e-commerce live streaming service capabilities and channels to generate new business growth points[2] - The company has restructured its platform to focus on professional services in various categories, including beauty and personal care, health, and food[2] Expenses and Impairments - Research and development expenses for the three months ended September 30, 2023, were RMB 13,879 thousand, down 33.6% from RMB 20,922 thousand in the same period of 2022[24] - The company reported an impairment of intangible assets of RMB 9,945 for the six months ended September 30, 2023, which was not present in the same period of 2022[28] - Share-based compensation expenses decreased to RMB 2,789 for the six months ended September 30, 2023, from RMB 8,836 in the same period of 2022, a reduction of approximately 68.4%[28] - Interest income decreased to RMB 7,142 for the six months ended September 30, 2023, down from RMB 9,013 in the same period of 2022, a decline of approximately 20.8%[28] - The company experienced a loss from investments, netting RMB (1,267) for the six months ended September 30, 2023, compared to a gain of RMB 19,431 in the same period of 2022[28] Adjusted Metrics - Adjusted EBITDA for the six months ended September 30, 2023, was RMB (33,990), compared to RMB (17,135) for the same period in 2022, indicating a decline in performance[28] - Adjusted net loss for the six months ended September 30, 2023, was RMB 32,800, slightly higher than RMB 31,813 for the same period in 2022[28] - EBITDA for the six months ended September 30, 2023, was RMB (45,961), compared to RMB (46,527) for the same period in 2022, showing a marginal improvement[28] - The company recorded depreciation of property and equipment of RMB 3,529 for the six months ended September 30, 2023, an increase from RMB 2,067 in the same period of 2022[28] - Income tax benefits for the six months ended September 30, 2023, were RMB (1,662), compared to RMB (1,086) for the same period in 2022, indicating an increase in tax benefits[28]

Revenue and Financial Performance - Revenue contributed by the VIEs accounted for 37.8% of total revenues for the fiscal year 2023, up from 30.1% in 2022 and 22.9% in 2021[23] - For the year ended March 31, 2023, total third-party revenues amounted to RMB 232,076 thousand, with beneficiaries of VIEs contributing RMB 170,811 thousand[58] - The net loss for MOGU Inc. for the same period was RMB 186,406 thousand, with a net loss attributable to ordinary shareholders of RMB 177,984 thousand[58] - The company reported third-party costs and expenses of RMB 426,791 thousand for the year ended March 31, 2023, indicating a significant operational cost burden[58] - The share of loss from subsidiaries and VIEs for the year ended March 31, 2023, was RMB 73,784 thousand, reflecting challenges in subsidiary performance[58] - MOGU Inc. recorded net losses of RMB328.0 million, RMB642.4 million, and RMB186.4 million (US$27.1 million) for the years ended March 31, 2021, 2022, and 2023, respectively[93] - Revenues decreased by 42.3% from RMB835.3 million in the year ended March 31, 2020 to RMB482.4 million in the year ended March 31, 2021, and further decreased by 31.2% to RMB232.1 million (US$33.8 million) in the year ended March 31, 2023[98] Business Operations and Strategy - The company has expanded its product portfolio to include healthcare products, groceries, household supplies, and food[18] - The acquisition of Ruisha Technology is expected to enhance business operations and deepen cooperation with business customers[18] - The company aims to provide customized online branding solutions to businesses through its KOL-driven platform Mogujie[18] - The company actively pursues higher operational efficiency by providing more products based on users' fashion and beauty consumption needs[18] - The company aims to diversify product and service offerings to enhance revenue sources in the future, responding to evolving buyer needs[100] - The company has implemented new business initiatives focusing on fashion content and live video broadcasts, but the effects on financial prospects are still uncertain[121] Regulatory and Compliance Risks - The company faces risks related to regulatory approvals, anti-monopoly actions, and cybersecurity oversight in China[41] - New anti-monopoly guidelines and laws may increase compliance costs and risks for the company[42] - The company’s legal counsel has indicated that future regulatory changes may impose additional compliance requirements, creating uncertainty for operations[54] - The PRC government has significant influence over the company's operations, which could limit its ability to conduct future offerings of securities[88] - The company may face legal sanctions from PRC authorities if it is found liable for illegal content on its platform, which could include suspension or revocation of necessary operating licenses[168] - The e-commerce industry in China is subject to evolving regulations, which may require the company to obtain additional licenses and approvals, impacting operations[137] VIE Structure and Legal Considerations - The company operates through its PRC subsidiaries and VIEs due to restrictions on foreign ownership in certain sectors[22] - The contractual arrangements with the VIEs enable the company to consolidate their financial results under U.S. GAAP[26] - The company has a controlling financial interest in the VIEs through various contractual agreements, despite not having equity ownership[24] - There are substantial uncertainties regarding future PRC laws that may affect the VIE structures and could lead to severe penalties[40] - The ability to enforce contractual agreements may be limited by evolving laws and regulations in China, impacting the company's operational capabilities[217] - The legal system in China presents challenges, as arbitration rulings are final and cannot be appealed, which may complicate the enforcement of contractual agreements[218] Financial Position and Assets - Total assets as of March 31, 2023, amounted to RMB 1,719,259 thousand, with MOGU Inc. holding RMB 1,096,230 thousand[62] - Total liabilities reached RMB 1,169,306 thousand, with MOGU Inc. liabilities at RMB 458,868 thousand[63] - Shareholders' equity for MOGU Inc. was reported at RMB 637,362 thousand, reflecting a significant increase from the previous year[63] - The total amount due from intercompany transactions was RMB 1,050,048 thousand, highlighting significant intercompany financial activities[63] - The company believes its current cash and cash equivalents and short-term investments will be sufficient to meet anticipated cash needs for the next 12 months[170] Market and Competitive Landscape - The company faces intense competition from major e-commerce platforms and traditional retailers, which may impact market share and financial performance[104] - The company may struggle to attract and retain users if major social networks change their features or discontinue support, impacting user growth[134] - The company is sensitive to changes in consumer confidence and spending in China, which may be adversely affected by economic downturns[199] - The growth rate of the Chinese economy has gradually slowed, and there is uncertainty regarding the long-term effects of monetary and fiscal policies[201] Cybersecurity and Data Privacy - Cybersecurity risks pose a significant threat, as breaches could lead to loss of user information and damage to reputation[116] - Compliance with PRC and international data privacy laws is essential, and any failure to protect data could have significant negative consequences[142] - The evolving regulatory landscape regarding data security in China may lead to increased compliance costs and operational challenges[143] Human Resources and Labor Costs - The company faces challenges in retaining and attracting talent due to rising labor costs and the inability to provide satisfactory wages and benefits[136] - Rising labor costs in China may adversely affect merchants' ability to offer competitive pricing, potentially leading to a loss of users and negatively impacting margins[135] Internal Controls and Governance - The company identified a material weakness in internal control over financial reporting as of March 31, 2023, due to insufficient competent financial reporting personnel[196] - The company plans to hire additional qualified financial and accounting staff and implement training programs to address the identified material weakness[196] Investment and Capital Management - The company may require additional capital due to changing business conditions or future developments, which could lead to dilution of existing shareholders if additional equity is sold[170] - The company has limited insurance coverage, which could expose it to significant costs and business disruption[198] Product and Service Development - The company has expanded its product offerings beyond fashion apparel to include lifestyle and healthcare products, which may introduce new risks and challenges[174] - New product categories may have lower profit margins, necessitating aggressive pricing strategies to gain market share[175] - The company may face product liability claims if products sold on its platform are defectively designed or manufactured, which could adversely affect its financial condition[176]

Financial Performance - Total revenues for the six months ended September 30, 2022 decreased by 32.2% to RMB114.8 million (US$16.1 million) from RMB169.5 million during the same period of the fiscal year 2022[4] - Gross Merchandise Value (GMV) for the six months ended September 30, 2022 was RMB2,828 million (US$397.6 million), a decrease of 48.1% period-over-period[4] - Live Video Broadcast (LVB) associated GMV for the six months ended September 30, 2022 decreased by 45.6% to RMB2,703 million (US$379.9 million), accounting for 95.6% of total GMV[4] - Commission revenues for the six months ended September 30, 2022 decreased by 38.6% to RMB71.7 million (US$10.1 million) from RMB116.8 million in the same period of the fiscal year 2022[7] - Marketing services revenues for the six months ended September 30, 2022 decreased by 77.1% to RMB3.0 million (US$0.4 million) from RMB13.0 million in the same period of the fiscal year 2022[7] - Technology service revenues for the six months ended September 30, 2022 increased by 170.8% to RMB28.1 million (US$3.9 million) from RMB10.4 million in the same period of fiscal year 2022[7] - Loss from operations for the six months ended September 30, 2022 was RMB48.1 million (US$6.8 million), compared to a loss from operations of RMB430.1 million in the same period of the fiscal year 2022[11] - Adjusted EBITDA for the six months ended September 30, 2022 was negative RMB17.1 million (US$2.4 million), compared to negative RMB72.7 million in the same period of the fiscal year 2022[11] - Net loss attributable to MOGU Inc. for the six months ended September 30, 2022, was RMB 57,438, compared to a net loss of RMB 411,926 for the same period in 2021[26] - Net loss for the six months ended September 30, 2022, was RMB 58,845, a significant decrease from RMB 414,017 in the same period of 2021[30] Cash and Assets - Cash and cash equivalents, restricted cash, and short-term investments were RMB604.8 million (US$85.0 million) as of September 30, 2022, compared with RMB636.3 million as of March 31, 2022[12] - Cash and cash equivalents decreased to RMB 392,970 as of September 30, 2022, from RMB 438,608 as of March 31, 2022, representing a decline of 10.4%[23] - Total current assets decreased to RMB 669,503 as of September 30, 2022, down 6.9% from RMB 718,912 as of March 31, 2022[23] - Cash and cash equivalents and restricted cash at the end of the period were RMB 393,779, down from RMB 507,855 at the beginning of the period[28] Expenses and Liabilities - Research and development expenses for the six months ended September 30, 2022, were RMB 20,922, a decrease of 53.7% from RMB 45,227 in the same period of 2021[26] - Total liabilities increased slightly to RMB 325,285 as of September 30, 2022, compared to RMB 334,825 as of March 31, 2022[23] - Share-based compensation expenses increased slightly to RMB 8,836 from RMB 7,915 year-over-year[30] - Interest expense for the six months ended September 30, 2022, was RMB 328, compared to no interest expense in the prior year[30] - Amortization of intangible assets decreased to RMB 20,022 from RMB 160,190 year-over-year[30] Investment and Gains - The company reported a gain from investments of RMB 19,431 in the current period, contrasting with a loss of RMB 7,822 in the prior year[30] Strategic Outlook - The company aims to enhance its market position through strategic initiatives and product development in the upcoming quarters[30]