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Condensed Consolidated Statements of Changes in Equity - USD ($)
Preferred Stock
Common Stock
Additional Paid-in Capital
Treasury Stock
Statutory Reserve
Retained Earnings
Accumulated Other Comprehensive Gain (Loss)
Noncontrolling interest
Total
Balance at Mar. 31, 2022 $ 12,334 $ 22,517,346 $ 379,323 $ 46,268,110 $ 127,145 $ 69,304,258
Balance (in Shares) at Mar. 31, 2022 12,334,318              
Stock-based compensation expense for the restricted stock units issued under stock incentive plan 294,822 294,822
Issuance of common stocks upon vesting of restricted stock units $ 200 (200)  
Issuance of common stocks upon vesting of restricted stock units (in Shares) 200,000              
Net income (loss) 1,721,382 1,721,382
Dividend payment (616,716) (616,716)
Foreign currency translation loss (117,660) (117,660)
Balance at Jun. 30, 2022 $ 12,534 22,811,968 379,323 47,372,776 9,485 70,586,086
Balance (in Shares) at Jun. 30, 2022 12,534,318              
Balance at Mar. 31, 2023 $ 12,534 22,931,046 (1,169,046) 410,847 46,172,082 (123,229) 68,234,234
Balance (in Shares) at Mar. 31, 2023 12,534,318              
Stock-based compensation expense for the restricted stock units issued under stock incentive plan 240,802 240,802
Allocation of J&B shares 31,365 31,365
Net income (loss) 496,526 (1,411) 495,115
Dividend payment (614,742) (614,742)
Foreign currency translation loss (94,659) (94,659)
Balance at Jun. 30, 2023 $ 12,534 $ 23,171,848 $ (1,169,046) $ 410,847 $ 46,053,866 $ (217,888) $ 29,954 $ 68,292,115
Balance (in Shares) at Jun. 30, 2023 12,534,318