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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Mar. 31, 2018
Cash flows from operating activities      
Net income / (loss) $ 398 $ (463) $ 4
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation 841 859 1,099
Amortization 264 275 277
Loss / (gain) on disposal of property, plant and equipment 3 (5) 12
Write-down of inventories 72 73 569
Write off of property, plant and equipment 0 0 2
Change in cash surrender value of life insurance contract (5) (4) (5)
Change in fair value of financial instruments 5 (4) 7
Dividend income from financial instruments at fair value (4) (1) (4)
Coupons received from financial instruments at amortized cost (79) 0 0
(Gain) / loss from sale of financial instruments at fair value 1 (16) (58)
Loss from redemption of financial instruments at amortized cost 4 0 0
Interest expense 114 116 62
Changes in assets and liabilities:      
Trade receivables (230) 166 498
Other receivables, deposits and prepayments (203) (586) 965
Right-of-use assets (308) 0 0
Lease liabilities 308 0 0
Inventories (498) 18 (563)
Accounts payable 379 (407) (419)
Contract liabilities (5) 17 0
Accrued charges and deposits 20 4 122
Refund liabilities 69 0 0
Payable to affiliated parties 24 (23) 19
Income tax liabilities 0 0 (539)
Long-term deposit received (45) (46) 738
Long-term loan 33 42 0
Net cash provided by operating activities 1,158 15 2,786
Cash flows from investing activities      
Proceeds from disposal of property, plant and equipment 32 5 4
Acquisition of property, plant and equipment (260) (578) (364)
Acquisition of financial instruments at fair value (68) (226) (517)
 Acquisition of financial instruments at amortized cost (1,007) 0 0
 Coupons received from financial instruments at amortized cost 59 0 0
Proceeds from sale of financial instruments at fair value 110 223 657
  Proceeds from redemption of financial instruments at amortized cost 500 0 0
Dividends received from financial instruments at fair value 4 1 4
Net cash used in investing activities (630) (575) (216)
Cash flows from financing activities      
Capital lease payments (28) (28) (44)
Advance from notes payable 14 237 467
Repayment of notes payable (14) (336) (502)
Advance from bank loans 1,769 641 0
Repayment of bank loans (278) (196) (143)
Payment to affiliated party 0 (67) (135)
Stock repurchase (119) (364) (572)
 Proceeds from options exercised 323 0 0
Advance from long-term loan 0 0 2,465
Net cash generated from / (used in) financing activities 1,667 (113) 1,536
Net increase / (decrease) in cash and cash equivalents 2,195 (673) 4,106
Effect of exchange rate changes on cash and cash equivalents (611) (551) 900
Cash and cash equivalents, beginning of year 7,527 8,751 3,745
Cash and cash equivalents, end of year 9,111 7,527 8,751
Cash paid during the year for:      
Interest 64 23 10
Income tax $ 0 $ 0 $ 562