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CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2012
Mar. 31, 2011
ASSETS    
Cash and cash equivalents $ 5,575 $ 6,864
Restricted cash (note 7) 643 643
Accounts receivable, net of allowances for doubtful accounts of nil and nil as of March 31, 2011 and 2012, respectively 3,724 4,797
Inventories (note 4) 3,970 4,236
Amount due from an equity method investee 174 0
Prepaid expenses and other current assets 424 417
Total current assets 14,510 16,957
Property, plant and equipment, net (note 5) 2,027 2,411
Deposit for purchase of property, plant and equipment 42 0
Investments in equity method investees (note 6) 0 31
TOTAL ASSETS 16,579 19,399
LIABILITIES AND EQUITY    
Accounts payable 2,547 3,581
Short-term borrowings (note 7) 0 280
Long-term loans - current portion (note 8) 262 253
Obligations under capital leases - current portion (note 9) 3 41
Accrued expenses and other liabilities (note 10) 1,324 2,057
Income tax payable 153 71
Total current liabilities 4,289 6,283
Obligations under capital leases - net of current portion (note 9) 0 3
Deferred income taxes (note 3) 180 173
Long-term loans - net of current portion (note 8) 112 375
Total liabilities 4,581 6,834
Commitments and contingencies (note 11)      
Shareholders' equity:    
Common shares, $0.01 par value (Authorized: 20,000,000 shares; 3,780,874 shares and 3,783,874 shares issued and outstanding as of March 31, 2011 and 2012, respectively) 38 38
Additional paid-in capital 11,340 11,335
Retained profits 634 1,206
Treasury shares, at cost - 5,049 shares as of March 31, 2011 and 2012 (note 12) (14) (14)
Total Equity 11,998 12,565
TOTAL LIABILITIES AND EQUITY $ 16,579 $ 19,399