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Operating lease liability | 12 Months Ended
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Mar. 31, 2023
Operating lease liability |
Operating lease liability | 16.Operating lease liability ​ Operating lease liabilities consisted of the following: ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | As of
​ | ​ | March 31, | ​ | March 31,
​ | ​ | 2023 | ​ | 2022
Shenzhen Wan |  | $ | 138,492 |  | $ | —
Longcheng Car | ​ | ​ | 86,330 | ​ | ​ | —
Total | ​ | ​ | 224,822 | ​ | ​ | —
​ Analyzed for reporting purposes as: ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | As of
​ | ​ | March 31, | ​ | March 31,
​ | ​ | 2023 | ​ | 2022
Operating Lease Liability-noncurrent |  | $ | — |  | $ | —
Operating Lease Liability-current | ​ |  | 224,822 | ​ |  | —
Total | ​ |  | 224,822 | ​ |  | —
​ The operating lease liabilities is the net present value of the remaining lease payments as of March 31,2023 and March 31, 2022, and the Company paid $136,256 and nil for the year ended March 31, 2023 and March 31, 2022. The discount rates used for Shenzhen Wan was 3.6500%. The weighted average remaining lease terms for operating leases was 1 year. The incremental borrowing rate for the Company ranged from 3.6500%. The discount rates used for Longcheng Car was 3.6500%. The weighted average remaining lease terms for operating leases was 9 months. The incremental borrowing rate for the Company ranged from 3.6500%. For the year ended March 31, 2023 and 2022, the amortized expense were $138,272 and nil, respectively. For the year ended March 31, 2023 and 2022, the total operating lease expenses were $235,069 and $ 90,748. Maturity analysis of operating lease liabilities as of March 31, 2023 is as follows: ​
​ | ​ | ​ | ​ | ​
Discount rate at commencement |  | $ | 3.6500 | %
One year | ​ |  | 228,022 | ​
Two years | ​ |  | — | ​
Total undiscounted cash flows | ​ |  | 228,022 | ​
Total operating lease liabilities | ​ |  | 224,822 | ​
Difference between undiscounted cash flows and discounted cash flows | ​ | $ | 3,200 | ​
​

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- Definition The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -URI https://asc.fasb.org/subtopic&trid=77888251 + Details
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- References No definition available. + Details
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