XML 60 R46.htm IDEA: XBRL DOCUMENT v3.21.2
Business segment information (Tables)
12 Months Ended
Mar. 31, 2021
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, 2019, 2020, and 2021:

    Year ended March 31,
Product Line   2019   2020   2021
Scales and Others     67 %     45 %     42 %
Pet Electronics Products     14 %     48 %     51 %
Rental and Management     19 %     7 %     7 %
Total     100 %     100 %     100 %
Business segment financial information

Summarized financial information by business segment as of March 31, 2019, 2020 and 2021 is as follows:

 

     Net sales   Cost 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
                         
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       325       543  
Pet Electronics Products     6,259       1,757       767       5,298       343       572  
Rental and Management     901       739       (953 )     4,026       437       9  
                                                 
Total operating segments     13,096       5,690       362       14,350       1,105       1,124  
Corporate     —         —         —         9,851       —         —    
                                                 
Group     13,096       5,690       362       24,201       1,105       1,124  
                                                 
2021                                                
Scales and Others     6,555       2,283       1,010       4,591       285       142  
Pet Electronics Products     8,002       2,834       1,118       5,700       354       176  
Rental and Management     1,033       823       (922 )     4,096       442       382  
                                                 
Total operating segments     15,590       5,940       1,206       14,387       1,081       700  
Corporate     —         —         —         11,255       —         —    
                                                 
Group     15,590       5,940       1,206       25,642       1,081       700  
                                                 

 

Total property plant and equipment

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

 

    March 31,   March 31,
    2020   2021
      $ in thousands       $ in thousands  
Hong Kong     797       750  
The PRC     8,642       8,750  
                 
Property, plant and equipment, net     9,439       9,500  
Geographic net export sales

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, 2019, 2020 and 2021:

 

    Year ended March 31,
    2019   2020   2021
    $ in thousands   %   $ in thousands   %   $ in thousands   %
                         
United States     3,184       32       7,453       57       9,732       62  
Germany     3,760       38       3,613       28       3,666       24  
The PRC     2,265       23       1,288       10       1,403       9  
                                                 
      9,209       93       12,354       95       14,801       95  

 

Customer geographic net export sales

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, 2019, 2020 and 2021:

 

        Year Ended March 31,
        2019   2020   2021
Customers   Segment   $ in thousands   %   $ in thousands   %   $ in thousands   %
Customer A   Scales     3,715       37       3,573       27       3,633       23  
Customer C   Scales     1,225       12       1,239       9       1,386       9  
Customer B   Scales and Pet Electronics Products     1,027       10       313       2       619       4  
Customer E   Rental and Management     996       10       —         —         —         —    
          ───────       ───       ───────       ───       ───────       ───  
          6,963       69       5,125       38       5,638       36  
          ═══════       ═══       ═══════       ═══       ═══════       ═══