v3.26.1
Consolidated Statements of Operations and Comprehensive (Loss) Income - USD ($)
12 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Mar. 31, 2024
REVENUES $ 43,269,569 $ 36,539,846 $ 36,598,667
COST OF REVENUES (34,009,809) (26,964,611) (28,636,850)
GROSS PROFIT 9,259,760 9,575,235 7,961,817
OPERATING EXPENSES      
Selling expenses (1,088,455) (782,523) (322,961)
General and administrative expenses (7,185,009) (2,250,827) (2,369,855)
Research and development expenses (7,811,079) (3,462,715) (2,286,141)
Total operating expenses (16,084,543) (6,496,065) (4,978,957)
OPERATING (LOSS) INCOME (6,824,783) 3,079,170 2,982,860
OTHER INCOME (EXPENSE), NET      
Interest income 471 270 696
Interest expense (130,207) (101,713) (57,941)
Other income 255,929 166,936 203,461
Other expense (263,613) (47,325) (201,629)
Disposal gain of a subsidiary 60,622
Total other (expense) income, net (137,420) 78,790 (55,413)
(LOSS) INCOME BEFORE INCOME TAXES (6,962,203) 3,157,960 2,927,447
Benefit from (provision for) income taxes 1,311,824 24,605 (109,622)
NET (LOSS) INCOME (5,650,379) 3,182,565 2,817,825
Less: net income (loss) attributable to non-controlling interests 44,633 57,903 (89)
Net (loss) income attributable to shareholders of the Company (5,695,012) 3,124,662 2,817,914
Other comprehensive income (loss)      
Foreign currency translation adjustment 528,634 (69,002) (187,115)
Total comprehensive (loss) income (5,121,745) 3,113,563 2,630,710
Less: comprehensive income (loss) attributable to non-controlling interests 44,633 57,903 (89)
Comprehensive (loss) income attributable to shareholders of the Company $ (5,166,378) $ 3,055,660 $ 2,630,799
Earning per share – basic (in Dollars per share) [1] $ (1.74) $ 1 $ 0.9
Earning per share – diluted (in Dollars per share) [1] $ (1.74) $ 1 $ 0.9
Basic weighted average shares outstanding (in Shares) [1] 3,273,867 3,125,000 3,125,000
Diluted weighted average shares outstanding (in Shares) [1] 3,273,867 3,125,000 3,125,000
Third Parties      
REVENUES $ 43,269,569 $ 36,539,846 $ 36,032,665
Related Party      
REVENUES $ 566,002
[1] All share numbers have been retroactively adjusted to reflect the 1-for-16 Share Consolidation, that became effective on June 22, 2026.