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Segment Information (Tables)
12 Months Ended
Mar. 31, 2014
Segment Reporting [Abstract]  
Operating Financial Information of Four Reportable Segments and Discontinued Segments
(a) The following table provides operating financial information for the two reportable segments and discontinued segments:

 

     Home
    Appliance#    
    Electronic
    Components    
        EMS#             Others             Corporate             Combined      
     US$     US$     US$     US$     US$     US$  

As of or for the fiscal year ended March 31, 2014

  

 

Revenues from external customers

     —          60,574,912        2,922,127        2,117,989        —          65,615,028   
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Capital expenditure

     —          5,836,735        32,682        148,269        2,477        6,020,163   

Interest income

     —          —          —          —          822,826        822,826   

Interest expense

     —          (129,775     —          —          (7,913     (137,688

Depreciation and amortization

     —          1,154,231        1,198,844        379,122        1,328,884        4,061,081   

Segment profit (loss)

     —          (1,107,157     (5,547,024 )*      (1,502,779     (2,398,597     (10,555,557

Total assets

     —          42,999,530        52,202        1,160,087        55,456,124        99,667,943   
            

As of or for the fiscal year ended March 31, 2013

  

       

Revenues from external customers

     —         65,188,724        14,256,314        1,638,346        —          81,083,384   
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Capital expenditure

     —         6,484,577        767,186        358,813        3,055        7,613,631   

Interest income

     —         —         —          —          1,663,714        1,663,714   

Interest expense

     —         (109,749     —          —          (49,799     (159,548

Depreciation and amortization

     —         554,337        1,336,208        223,915        1,328,267        3,442,727   

Segment profit (loss)

     725,773        3,687,547        (3,314,836     (1,182,894     (1,878,891     (1,963,301

Total assets

     34        29,618,065        16,203,482        1,114,654        61,289,608        108,225,843   
            

As of or for the fiscal year ended March 31, 2012

  

       

Revenues from external customers

     53,885,407        54,431,519        14,439,926        781,260        —          123,538,112   
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Capital expenditure

     240,763        226,277        273,926        73,281        —          814,247   

Interest income

     —         —         —          —          377,075        377,075   

Interest expense

     (2,402     (104,517     —          321       (177,402     (284,000

Depreciation and amortization

     1,522,962        594,746        1,268,736        76,809        98,577        3,561,830   

Segment profit (loss)

     1,374,342     2,885,762        221,655        (640,020     (2,431,062     1,410,677   

Total assets

     313,033        34,554,319        11,614,176        739,106        61,819,375        109,040,009   

Net Sales Including Net Sales of Discontinued Operations by Geographic Area
  (b) Net sales including net sales of discontinued operations by geographic area based on the location of customers are as follows:

 

     2014      2013      2012  
     US$      US$      US$  

Australia

     307,996         533,077         501,665   

Europe

     139,694         326,298         4,469,428   

North America

     23,735         49,423         47,969,847   

Asia

     65,143,603         80,174,586         70,596,126   

Other regions

     —          —           1,046   
  

 

 

    

 

 

    

 

 

 
     65,615,028         81,083,384         123,538,112   
  

 

 

    

 

 

    

 

 

 
Net Sales Including Net Sales of Discontinued Operations by Product/Service Type
  (c) Net sales including net sales of discontinued operations by product/service type

 

     2014      2013      2012  
     US$      US$      US$  

Floor care products

     —          —           51,056,019   

Kitchen appliances

     307,996         533,077         755,607   

CCMs

     59,795,999         63,913,523         53,094,225   

Cellular phone assembly services

     2,922,127         14,256,314         14,439,927   

Others

     2,588,906         2,380,470         4,192,334   
  

 

 

    

 

 

    

 

 

 
     65,615,028         81,083,384         123,538,112   
  

 

 

    

 

 

    

 

 

 
Schedule of Long-Lived Assets
  (d) Long-lived assets*

 

     March 31,
2014
     March 31,
2013
 
     US$      US$  

Hong Kong

     91,792         150,734   

Mainland China

     29,148,590         29,404,484   
  

 

 

    

 

 

 
     29,240,382         29,555,218   
  

 

 

    

 

 

 

 

* Long-lived assets represent land use rights and property, plant and equipment.
Schedule of Net Sales from Major Customers

Customers accounting for 10% or more of the Company’s combined net sales are as follows:

 

     2014      2013      2012  
     US$      US$      US$  

From continuing operations:

        

Lenovo Mobile Communication Technology Ltd. (“Lenovo”)

     21,688,510         26,799,405         11,698,569   

Wingtech Group (“Wingtech”)

     8,000,133         4,477,345         225   

From discontinued operations:

        

Electrolux S.A. and subsidiaries (“Electrolux”)

     —          —          52,339,623