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SEGMENT INFORMATION
 12 Months Ended
Mar. 31, 2014
Segment Reporting [Abstract]  
Segment Reporting Disclosure [Text Block]
17.
SEGMENT INFORMATION
 
The Group's chief operating decision maker evaluates segment performance and allocates resources based on several factors, of which the primary financial measure is operating income.
 
The Group operates in two segments, Metal stamping and mechanical OEM segment and Electric OEM segment. The Metal stamping and mechanical OEM segment focuses on manufacturing and sale of metal parts and components. The Electric OEM segment focuses on manufacturing and sale of plastic and electronic parts and components.
 
 
Intersegment sales arise from transfer of goods between segments. These sales are generally at price consistent with what the Group would charge third parties for similar goods. A summary of the net sales, profitability information and asset information by segment and geographical areas is shown below:
 
 
 
Year ended March 31,
 
 
 
2012
 
2013
 
2014
 
 
 
$
 
$
 
$
 
 
 
 
 
 
 
 
 
Net sales:
 
 
 
 
 
 
 
Metal stamping and Mechanical OEM:
 
 
 
 
 
 
 
Unaffiliated customers
 
14,689
 
14,646
 
13,820
 
Intersegment sales
 
8,585
 
-
 
-
 
 
 
 
 
 
 
 
 
 
 
23,274
 
14,646
 
13,820
 
 
 
 
 
 
 
 
 
Electric OEM:
 
 
 
 
 
 
 
Unaffiliated customers
 
10,681
 
7,287
 
9,116
 
Intersegment sales
 
11,914
 
-
 
-
 
 
 
 
 
 
 
 
 
 
 
22,595
 
7,287
 
9,116
 
 
 
 
 
 
 
 
 
Intersegment eliminations
 
(20,499)
 
-
 
-
 
 
 
 
 
 
 
 
 
Total net sales
 
25,370
 
21,933
 
22,936
 
 
 
 
 
 
 
 
 
Operating income:
 
 
 
 
 
 
 
Metal stamping and Mechanical OEM
 
428
 
319
 
527
 
Electric OEM
 
71
 
142
 
352
 
Corporate
 
(269)
 
(106)
 
(86)
 
 
 
 
 
 
 
 
 
Total operating income
 
230
 
355
 
793
 
 
 
 
 
 
 
 
 
Interest expense:
 
 
 
 
 
 
 
Metal stamping and Mechanical OEM
 
14
 
6
 
1
 
Electric OEM
 
10
 
3
 
-
 
 
 
 
 
 
 
 
 
Total interest expense
 
24
 
9
 
1
 
 
 
 
 
 
 
 
 
Depreciation and amortization expense:
 
 
 
 
 
 
 
Metal stamping and Mechanical OEM
 
393
 
353
 
306
 
Electric OEM
 
277
 
233
 
251
 
 
 
 
 
 
 
 
 
Total depreciation and amortization
 
670
 
586
 
557
 
 
 
 
 
 
 
 
 
Capital expenditure:
 
 
 
 
 
 
 
Metal stamping and Mechanical OEM
 
323
 
210
 
44
 
Electric OEM
 
32
 
109
 
29
 
 
 
 
 
 
 
 
 
Total capital expenditure
 
355
 
319
 
73
 
 
 
 
As of March 31,
 
 
 
2013
 
2014
 
 
 
$
 
$
 
 
 
 
 
 
 
Total assets:
 
 
 
 
 
Metal stamping and Mechanical OEM
 
10,022
 
10,452
 
Electric OEM
 
5,228
 
4,859
 
Corporate
 
102
 
465
 
 
 
 
 
 
 
Total assets
 
15,352
 
15,776
 
 
 
 
As of March 31,
 
 
 
2013
 
2014
 
 
 
$
 
$
 
 
 
 
 
 
 
Long-lived assets:
 
 
 
 
 
Metal stamping and Mechanical OEM
 
1,142
 
796
 
Electric OEM
 
627
 
417
 
 
 
 
 
 
 
Total long-lived assets
 
1,769
 
1,213
 
 
All of the Group's sales are co-ordinated through its head office in Hong Kong. The Group considers revenues to be generated by geographic area based on the physical location of customers. the breakdown by geographic area is as follows:
 
 
Year ended March 31,
 
 
 
2012
 
2013
 
2014
 
 
 
$
 
$
 
$
 
Net sales:
 
 
 
 
 
 
 
Hong Kong and China
 
5,933
 
6,148
 
5,086
 
Other Asian countries
 
995
 
1,415
 
1,489
 
Europe
 
14,030
 
13,503
 
15,564
 
North America
 
4,412
 
867
 
797
 
 
 
 
 
 
 
 
 
 
 
25,370
 
21,933
 
22,936
 
All of the Group's long-lived assets are located in Hong Kong and China.