XML 59 R45.htm IDEA: XBRL DOCUMENT v3.20.2
Business segment information (Tables)
12 Months Ended
Mar. 31, 2020
Accounting Policies [Abstract]  
Percentage of net sales

The following table sets forth the percentage of net sales for each of the product lines mentioned above for the fiscal years ended March 31, 2018, 2019, and 2020:

 

    Year ended March 31,
Product Line   2018   2019   2020
Scales and Others     68 %     67 %     45 %
Pet Electronics Products     16 %     14 %     48 %
Rental and Management     16 %     19 %     7 %
Total     100 %     100 %     100 %
Business segment financial information
  (a) Summarized financial information by business segment as of March 31, 2018, 2019 and 2020 is as follows:

 

    Net sales   Costs of Revenue   Operating income / (loss)   Identifiable assets as of March 31   Depreciation and amortization   Capital expenditure
    $ in thousands   $ in thousands   $ in thousands   $ in thousands   $ in thousands   $ in thousands
2018                        
                         
Scales and Others     7,862       4,809       208       8,211       479       79  
Pet Electronics Products     1,861       1,139       49       1,944       113       19  
Rental and Management     1,800       1,010       (19 )     5,622       784       266  
                                                 
Total operating segments     11,523       6,958       238       15,777       1,376       364  
Corporate     —         —         —         8,978       —         —    
                                                 
Group     11,523       6,958       238       24,755       1,376       364  

 

                         
2019                        
                         
Scales and Others     6,686       4,340       (74 )     8,244       540       236  
Pet Electronics Products     1,410       915       (16 )     1,739       115       67  
Rental and Management     1,896       780       (450 )     4,716       479       289  
                                                 
Total operating segments     9,992       6,035       (540 )     14,699       1,134       592  
Corporate     —         —         —         7,787       —         —    
                                                 
Group     9,992       6,035       (540 )     22,486       1,134       592  

 

                         
2020                        
                         
Scales and Others     5,936       3,194       548       5,026       294       543  
Pet Electronics Products     6,259       1,757       767       5,298       310       572  
Rental and Management     901       739       (953 )     4,026       442       9  
                                                 
Total operating segments     13,096       5,690       362       14,350       1,046       1,124  
Corporate     —         —         —         9,851       —         —    
                                                 
Group     13,096       5,690       362       24,201       1,046       1,124  
Total property plant and equipment

Property, plant and equipment, net by geographical areas are as follows:

    March 31,   March 31,
    2019   2020
      $ in thousands       $ in thousands  
Hong Kong     845       797  
The PRC     8,746       8,642  
                 
Property, plant and equipment, net     9,591       9,439  
Geographic net export sales
  (c) The following is a summary of net revenue by geographical areas constituting 10% or more of total revenue of the Company for the years ended March 31, 2018, 2019 and 2020:

 

    Year ended March 31,
    2018   2019   2020
    $ in thousands   %   $ in thousands   %   $ in thousands   %
                         
United States     4,807       42       3,184       32       7,453       57  
Germany     3,621       31       3,760       38       3,613       28  
The PRC     2,054       18       2,265       23       1,288       10  
                                                 
      10,482       91       9,209       93       12,354       95  
Customer geographic net export sales
  (d) The following is a summary of net revenue by customers constituting 10% or more of total revenue of the Company for the years ended March 31, 2018, 2019 and 2020:

 

        Year Ended March 31,
        2018   2019   2020
Customers   Segment   $ in thousands   %   $ in thousands   %   $ in thousands   %
                             
Customer A   Scales     3,579       31       3,715       37       3,573       27  
Customer C   Scales     1,599       14       1,225       12       1,239       9  
Customer B   Scales and Pet Electronics Products     1,662       14       1,027       10       313       2  
Customer E   Rental and Management     1,050       9       996       10       —         —    
Customer D   Scales     1,115       10       21       —         —         —    
                                                     
          9,005       78       6,984       69       5,125       38