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Segment Information | 12 Months Ended
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Mar. 31, 2020
Segment Reporting [Abstract] |
SEGMENT INFORMATION |
| 19. | SEGMENT INFORMATION
The Group's chief operating decision maker, who has been identified as the Company's Chief Executive Officer, 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 focus 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. Corporate represented expenses that are not allocated to reportable segments and other corporate items. A summary of the revenue from contracts with customers, profitability information and asset information by segment and geographical areas is shown below:
|  | Year ended March 31, |
|  | 2018 |  |  | 2019 |  |  | 2020 |
|  | $ |  |  | $ |  |  | $ |
Revenue from contracts with customers: |  |  |  |  |  |  |  |  |
Metal stamping and Mechanical OEM |  |  | 9,638 |  |  |  | 7,717 |  |  |  | 6,929 |
Electric OEM |  |  | 9,528 |  |  |  | 6,560 |  |  |  | 5,629 |
Total revenue from contracts with customers |  |  | 19,166 |  |  |  | 14,277 |  |  |  | 12,558 |
Operating income (loss): |  |  |  |  |  |  |  |  |  |  |  |
Metal stamping and Mechanical OEM |  |  | 955 |  |  |  | (405 | ) |  |  | 458 |
Electric OEM |  |  | 1,123 |  |  |  | (250 | ) |  |  | 355 |
Corporate |  |  | (140 | ) |  |  | (100 | ) |  |  | (66 | )
Total operating income (loss) |  |  | 1,938 |  |  |  | (755 | ) |  |  | 747 |
Depreciation expense: |  |  |  |  |  |  |  |  |  |  |  |
Metal stamping and Mechanical OEM |  |  | 160 |  |  |  | 133 |  |  |  | 83 |
Electric OEM |  |  | 159 |  |  |  | 128 |  |  |  | 62 |
Total depreciation |  |  | 319 |  |  |  | 261 |  |  |  | 145 |
Capital expenditure: |  |  |  |  |  |  |  |  |  |  |  |
Metal stamping and Mechanical OEM |  |  | 136 |  |  |  | 398 |  |  |  | 53 |
Electric OEM |  |  | 135 |  |  |  | 297 |  |  |  | 38 |
Total capital expenditure |  |  | 271 |  |  |  | 695 |  |  |  | 91 |
|  | As of March 31, |
|  | 2019 |  |  | 2020 |
|  | $ |  |  | $ |
Total assets: |  |  |  |  |  |
Metal stamping and Mechanical OEM |  |  | 8,084 |  |  |  | 9,753 |
Electric OEM |  |  | 7,000 |  |  |  | 8,248 |
Corporate |  |  | 166 |  |  |  | 168 |
Total assets |  |  | 15,250 |  |  |  | 18,169 |
|  | As of March 31, |
|  | 2019 |  |  | 2020 |
|  | $ |  |  | $ |
Property, plant and equipment, net: |  |  |  |  |  |
Metal stamping and Mechanical OEM |  |  | 513 |  |  |  | 520 |
Electric OEM |  |  | 373 |  |  |  | 358 |
Total property, plant and equipment, net |  |  | 886 |  |  |  | 878 |
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, |
|  | 2018 |  |  | 2019 |  |  | 2020 |
|  | $ |  |  | $ |  |  | $ |
Revenue from contracts with customers: |  |  |  |  |  |  |  |  |
Hong Kong and China |  |  | 4,086 |  |  |  | 2,794 |  |  |  | 2,186 |
Europe |  |  | 14,446 |  |  |  | 10,901 |  |  |  | 9,790 |
Other Asian countries |  |  | 46 |  |  |  | 128 |  |  |  | - |
North America |  |  | 588 |  |  |  | 454 |  |  |  | 582 |
Total revenue from contracts with customers |  |  | 19,166 |  |  |  | 14,277 |  |  |  | 12,558 |
All of the Group's property, plant and equipment are located in Hong Kong, China and Myanmar. The breakdown by geographic area is as follows:
|  | As of March 31, |
|  | 2019 |  |  | 2020 |
|  | $ |  |  | $ |
Property, plant and equipment, net: |  |  |  |  |  |
Hong Kong and China |  |  | 147 |  |  |  | 127 |
Myanmar |  |  | 739 |  |  |  | 751 |
Total property, plant and equipment, net |  |  | 886 |  |  |  | 878 |

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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/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8924-108599 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8981-108599 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9031-108599 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9054-108599 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8657-108599 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8721-108599 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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