XML 20 R6.htm IDEA: XBRL DOCUMENT v3.21.2
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Mar. 31, 2019
Cash flows from operating activities      
Net (loss) / income $ 1,771 $ 398 $ (463)
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation 812 841 859
Amortization 269 264 275
(Gain) / loss on disposal of property, plant and equipment (237) 3 (5)
Write-down of inventories 108 87 73
Change in cash surrender value of life insurance contract (5) (5) (4)
Change in fair value of financial instruments (17) 5 (4)
Dividend income from financial instruments at fair value (4) (4) (1)
Coupons received from financial instruments at amortized cost (48) (79) 0
(Gain) / loss from sale of financial instruments at fair value (6) 1 (16)
Loss from redemption of financial instruments at amortized cost 0 4 0
Interest expense 125 114 116
Changes in assets and liabilities:      
Trade receivables (462) (230) 166
Other receivables, deposits and prepayments 214 (203) (586)
Inventories 62 (513) 18
Right-of-use assets 90 (308) 0
Deferred tax asset (779) 0 0
Accounts payable (248) 379 (407)
Contract liabilities 305 (5) 17
Accrued charges and deposits (28) 20 4
Refund liabilities 40 69 0
Payable to affiliated parties 1 24 (23)
Income tax liabilities 165 0 0
Lease liabilities (90) 308 0
Long-term deposit received 54 (45) (46)
Long-term loan (26) 33 42
Net cash provided by operating activities 1,984 1,158 15
Cash flows from investing activities      
Proceeds from disposal of property, plant and equipment 909 32 5
Acquisition of property, plant and equipment (700) (260) (578)
Acquisition of financial instruments at fair value (613) (68) (226)
 Acquisition of financial instruments at amortized cost 0 (1,007) 0
 Coupons received from financial instruments at amortized cost 48 59 0
Proceeds from sale of financial instruments at fair value 188 110 223
  Proceeds from redemption of financial instruments at amortized cost 0 500 0
Dividends received from financial instruments at fair value 4 4 1
Net cash used in investing activities (164) (630) (575)
Cash flows from financing activities      
Finance lease payments (5) (28) (28)
Advance from notes payable 52 14 237
Repayment of notes payable (27) (14) (336)
Advance from bank loans 0 1,769 641
Repayment of bank loans (970) (278) (196)
Payment to affiliated party 0 0 (67)
Stock repurchase (190) (119) (364)
 Proceeds from options exercised 0 323 0
Net cash (used in) / generated from financing activities (1,140) 1,667 (113)
Net increase / (decrease) in cash and cash equivalents 680 2,195 (673)
Effect of exchange rate changes on cash and cash equivalents 269 (611) (551)
Cash and cash equivalents, beginning of year 9,111 7,527 8,751
Cash and cash equivalents, end of year 10,060 9,111 7,527
Cash paid during the year for:      
Interest 33 64 23
Income tax $ 0 $ 0 $ 0