v3.26.1
PROPERTY AND EQUIPMENT, NET
 12 Months Ended
Mar. 31, 2026
Property, Plant, and Equipment [Abstract]  
PROPERTY AND EQUIPMENT, NET

NOTE 9 — PROPERTY AND EQUIPMENT, NET

 

Property and equipment, net, consists of the following:

 

   March 31,   March 31, 
   2026   2025 
Electric equipment  $66,708   $58,055 
Machinery and equipment   1,349,380    1,154,638 
Office furniture   62,900    59,831 
Motor vehicles   394,094    269,668 
Leasehold improvement   281,651    267,911 
Subtotal   2,154,733    1,810,103 
Less: accumulated depreciation   (1,754,830)   (1,424,688)
Property and equipment, net  $399,903   $385,415 

 

Depreciation expense was $265,634, $301,916 and $387,779 for the years ended March 31, 2026, 2025 and 2024, respectively.

 

Machinery and Equipment represent the equipment on operating lease, and the accumulated depreciation were as follows:

 

   March 31,   March 31, 
   2026   2025 
Equipment on operating lease  $1,349,380   $1,154,638 
Less: accumulated depreciation   (1,102,679)   (888,849)
Equipment on operating lease, net  $246,701   $265,789