v3.26.1
Consolidated Statements of Cash Flows - USD ($)
 12 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Mar. 31, 2024
CASH FLOWS FROM OPERATING ACTIVITIES      
Net (loss) income $ (5,650,379) $ 3,182,565 $ 2,817,825
Adjustments to reconcile net income to cash used in operating activities:      
Expected credit loss allowance 1,389,992 1,308,589 1,118,634
Depreciation of property and equipment 30,393 22,203 14,465
Amortization of intangible assets 7,405 4,024 2,755
Amortization of operating lease right-of-use asset 408,061 281,006 125,902
Impairment loss on prepayments 53,132
Impairment of inventories 179,045 132,444
Impairment of long-lived assets 35,017
Gain on disposal of a subsidiary (60,622)
Share-based compensation 1,300,181
Changes in assets and liabilities      
Accounts receivable 4,178,425 (7,357,104) (7,082,779)
Prepayments, deposits and other receivables (5,636,781) (1,726,074) (1,046,756)
Inventories (976,595)    
Deferred tax assets (1,314,494) (196,288) (187,662)
Accounts payable (2,108,255) 7,050,519 1,757,876
Operating lease liabilities (370,726) (281,682) (122,460)
Income tax payable (10,231) 179,026 289,890
Accrued expenses and other payables 3,728,303 384,468 2,071,014
Warranty provision (1,340) (25,155) (26,750)
Contract liabilities 420,318 (288,656) 795,256
Prepayments (3,522,492) (4,347,391) (2,088,867)
Advances to shareholders (930,035) (415,590)
Repayments from a shareholder 239,734
Advances to related parties (177,888) (875,797)
Repayment from related parties 800,893
Advances from related parties 2,548 10,695
Repayment to related parties (10,350)
Net cash used in operating activities (8,966,396) (1,474,574) (2,075,626)
CASH FLOWS FROM INVESTING ACTIVITIES      
Purchase of property and equipment (83,006) (4,917) (66,745)
Purchase of intangible assets (8,947) (35,011) (5,381)
Disposal of a subsidiary (11,732)
Net cash used in investing activities (91,953) (51,660) (72,126)
CASH FLOWS FROM FINANCING ACTIVITIES      
Repayment to long-term loan from related party (185,969) (91,308)
Repayment to long-term other borrowings (205,812) (159,973)
Proceeds from long-term other borrowings 194,005
Proceeds from short-term loan from a shareholder 187,246
Proceeds from short-term bank loans 6,251,839 2,100,793 1,841,745
Repayment of short-term bank loans (2,154,350) (1,755,742) (725,536)
Repayment of long-term bank loans (342,423) (35,634) (63,700)
Proceeds from long-term bank loans 689,955 83,145 291,470
Advances from shareholders 562,247
Repayment to Shareholders (475,940) (926,771)
Proceeds from issuance of ordinary shares upon initial public offering, net of underwriting commissions, discounts and other offering costs of $949,205 7,028,258
Capital contribution from shareholders 690,878 1,970,098
Deferred IPO costs (216,998) (707,233)
Net cash provided by financing activities 10,791,527 1,436,725 1,616,038
Net increase (decrease) in cash and cash equivalents 1,733,178 (89,509) (531,714)
Effect of foreign currency translation on cash and cash equivalents 43,444 (7,933) (14,106)
Cash and cash equivalents at beginning of year 108,745 206,187 752,007
Cash and cash equivalents at end of year 1,885,367 108,745 206,187
Supplemental cash flow information:      
Income taxes paid 12,901 13,230
Interest paid 128,253 100,563 57,941
Listing fee paid 277,523 659,606
Deferred IPO Costs Charged Against Additional Paid-in Capital 909,557
Supplemental disclosure of non-cash activities:      
Operating lease right-of-use asset obtained in exchange for operating lease liability 415,561 497,325
Property and equipment acquired under installment financing arrangement secured by the related asset $ 52,085