Property, plant and equipment, net

12 Months Ended

Mar. 31, 2021

Property, Plant and Equipment [Abstract]

Property, plant and equipment, net

4 Property, plant and equipment, net

Property, plant and equipment, net, consisted of the following:

	March 31,
	2020			2021
	$ in thousands			$ in thousands
Cost
Buildings		16,857			17,278
Construction-in-progress		604			1,041
Plant and machinery		9,642			9,829
Furniture, fixtures and equipment		1,544			1,879
Motor vehicles		577			586
		29,224			30,613
Less: accumulated depreciation		(19,785	)		(21,113	)
		9,439			9,500

 During the fiscal years ended March 31, 2019, 2020 and 2021, depreciation expenses charged to the consolidated statements of operations amounted to approximately $859,000, $841,000 and $814,000, respectively. As at March 31, 2020 and 2021 fully depreciated assets that were still in use by the Company amounted to approximately $15,800,000 and $15,875,000, respectively. As at March 31, 2020 and 2021, property, plant and equipment, net that were leased out amounted to approximately $2,750,000 and $2,714,000, respectively.

Property, plant and equipment in Xinxing were assessed for impairment according to the policy described in note 1(h).