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Leases (Tables)
12 Months Ended
Mar. 31, 2025
Leases [Abstract]  
Schedule of Supplemental Information Related to Operating Leases Impairment loss was recognized as the adverse changes in the business climate negatively impact the Group’s business operations. No impairment of ROU assets was recognized during the years ended March 31, 2023 and 2025.
   2023   2024   2025 
   $   $   $ 
             
Operating lease cost   888*   696*   689*
Weighted Average Remaining Lease Term - Operating leases   8.15 years    8.77 years     8.75 years 
Weighted Average Discount Rate - Operating leases   7.56%^    8.06%^    8.14%^ 

 

*Included unconditional government subsidy $247, $nil and $nil for factory space and dormitories located in Shenzhen in 2023, 2024 and 2025 respectively.

 

^The interest rate used to determine the present value of the future lease payments is the Group’s incremental borrowing rate (“IBR”), because the interest rate implicit in most of the Group’s leases is not readily determinable. The IBR is a hypothetical rate based on the Group’s understanding of what its credit rating would be to borrow and resulting interest the Group would pay to borrow an amount equal to the lease payments in a similar economic environment over the lease term on a collateralized basis.
Schedule of Maturities of Lease Liabilities

The following is a schedule, by years, of maturities of lease liabilities as of March 31, 2025:

 

   Operating leases 
   $ 
Year ending March 31,    
2026   641 
2027   42 
2028   
-
 
2029   
-
 
2030   
-
 
Thereafter   1,213 
Total undiscounted cash flows   1,896 
Less: imputed interest   (1,086)
Present value of lease liabilities   810