v3.26.1
Earnings Per Share
12 Months Ended
Mar. 31, 2026
Earnings Per Share [Abstract]  
EARNINGS PER SHARE

NOTE 25 — EARNINGS PER SHARE

 

The Company computes earnings per share of Class A Ordinary Shares and Class B Ordinary Shares using the two-class method. Except as voting rights as discussed in Note 11, all other rights, including the liquidation and dividend rights, of the holders of Class A Ordinary Shares and Class B Ordinary Shares are identical. As a result, the undistributed earnings for each year is allocated based on the contractual participation rights of the Class A Ordinary Shares and Class B Ordinary Shares as if the earnings for the year had been distributed. As the liquidation and dividend rights are identical, the undistributed earnings are allocated on a proportionate basis.

The allocation of net income between Class A and Class B ordinary shares are as follows: 

 

   2026 
   US$ 
     
Net income   171,407 
      
Weighted average ordinary shares     
Class A ordinary shares   16,600,000 
Class B ordinary shares   4,500,000 
Total   21,100,000 
      
Allocation ratio:     
Class A   78.67%
Class B   22.33%
      
Allocated income:     
Class A   134,845 
Class B   36,562