| PROPERTY, PLANT AND EQUIPMENT, NET |
| 7. | PROPERTY, PLANT AND EQUIPMENT, NET |
Property, plant and equipment, net,
consisted of the following:
| | |
As of March 31, | |
| | |
2026 | | |
2025 | |
| Machinery equipment | |
$ | 3,012,197 | | |
$ | 2,606,707 | |
| Land (1) | |
| 557,266 | | |
| 523,654 | |
| Office equipment | |
| 507,809 | | |
| 447,411 | |
| Leasehold improvements | |
| 418,773 | | |
| 414,389 | |
| Motor vehicle | |
| 157,637 | | |
| 154,598 | |
| Furniture | |
| 22,297 | | |
| 22,971 | |
| Subtotal | |
| 4,675,979 | | |
| 4,169,730 | |
| Less: accumulated depreciation | |
| (3,638,198 | ) | |
| (3,330,713 | ) |
| Property, plant and equipment, net | |
| 1,037,781 | | |
| 839,017 | |
| | |
| | | |
| | |
| Construction in progress (2) | |
| 942,983 | | |
| 14,942 | |
| Total property, plant and equipment, net | |
$ | 1,980,764 | | |
$ | 853,959 | |
| (1) | In June 2024, CCSC Technology Serbia signed a purchase agreement on real estate to purchase 4 lots of land located in Serbia for construction of its European production center. | | (2) | In November 2025, the Group entered into a fixed-price construction contract for the manufacturing plant located in Serbia. The construction project is expected to be completed and ready for operational use in December 2026. |
Depreciation expenses were $202,944,
$197,532 and $163,120 for the years ended March 31, 2026, 2025 and 2024, respectively.
|