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SEGMENT INFORMATION | 12 Months Ended
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Mar. 31, 2018
Segment Reporting [Abstract] |
SEGMENT INFORMATION |
| 15. | 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, |
|  | 2016 |  |  | 2017 |  |  | 2018 |
|  | $ |  |  | $ |  |  | $ |
Net sales: |  |  |  |  |  |  |  |  |  |  |  |
Metal stamping and Mechanical OEM |  |  | 10,268 |  |  |  | 8,323 |  |  |  | 9,638 |
Electric OEM |  |  | 12,667 |  |  |  | 11,280 |  |  |  | 9,528 |
Total net sales |  |  | 22,935 |  |  |  | 19,603 |  |  |  | 19,166 |
Operating income: |  |  |  |  |  |  |  |  |  |  |  |
Metal stamping and Mechanical OEM |  |  | 738 |  |  |  | 267 |  |  |  | 955 |
Electric OEM |  |  | 916 |  |  |  | 646 |  |  |  | 1,123 |
Corporate |  |  | (138 | ) |  |  | (152 | ) |  |  | (140 | )
Total operating income |  |  | 1,516 |  |  |  | 761 |  |  |  | 1,938 |
Depreciation and amortization expense: |  |  |  |  |  |  |  |  |  |  |  |
Metal stamping and Mechanical OEM |  |  | 137 |  |  |  | 107 |  |  |  | 160 |
Electric OEM |  |  | 180 |  |  |  | 159 |  |  |  | 159 |
Total depreciation and amortization |  |  | 317 |  |  |  | 266 |  |  |  | 319 |
Capital expenditure: |  |  |  |  |  |  |  |  |  |  |  |
Metal stamping and Mechanical OEM |  |  | 226 |  |  |  | 88 |  |  |  | 136 |
Electric OEM |  |  | 298 |  |  |  | 109 |  |  |  | 135 |
Total capital expenditure |  |  | 524 |  |  |  | 197 |  |  |  | 271 |
|  | As of March 31, |
|  | 2017 |  |  | 2018 |
|  | $ |  |  | $ |
Total assets: |  |  |  |  |  |  |  |
Metal stamping and Mechanical OEM |  |  | 7,374 |  |  |  | 8,402 |
Electric OEM |  |  | 8,597 |  |  |  | 9,535 |
Corporate |  |  | 1,581 |  |  |  | 193 |
Total assets |  |  | 17,552 |  |  |  | 18,130 |
|  | As of March 31, |
|  | 2017 |  |  | 2018 |
|  | $ |  |  | $ |
Property, plant and equipment: |  |  |  |  |  |  |  |
Metal stamping and Mechanical OEM |  |  | 412 |  |  |  | 391 |
Electric OEM |  |  | 542 |  |  |  | 379 |
Total property, plant and equipment |  |  | 954 |  |  |  | 770 |
All of the Group’s sales are coordinated 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, |
|  | 2016 |  |  | 2017 |  |  | 2018 |
|  | $ |  |  | $ |  |  | $ |
Net sales: |  |  |  |  |  |  |  |  |  |  |  |
Hong Kong and China |  |  | 5,662 |  |  |  | 4,700 |  |  |  | 4,086 |
Europe |  |  | 16,342 |  |  |  | 14,037 |  |  |  | 14,446 |
Other Asian countries |  |  | 134 |  |  |  | 31 |  |  |  | 46 |
North America |  |  | 797 |  |  |  | 835 |  |  |  | 588 |
|  |  | 22,935 |  |  |  | 19,603 |  |  |  | 19,166 |
All of the Group’s property, plant and equipment are located in Hong Kong, China and Myanmar.

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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