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

8. PROPERTY, PLANT AND EQUIPMENT, NET

 

Property, plant and equipment consists of the following as of March 31, 2026 and 2025:

 

       
   As of March 31, 
   2025   2026 
   USD   USD 
         
Cost          
Machinery   665,657    665,657 
Motor vehicles   3,205    - 
Office Equipment   10,752    10,752 
Leasehold improvement   35,647    35,647 
Property, plant and equipment, cost   715,261    712,056 
           
Less: accumulated depreciation          
Machinery   505,120    633,027 
Motor vehicles   2,521    - 
Office Equipment   5,369    7,520 
Leasehold improvement   35,647    35,647 
Property, plant and equipment, accumulated depreciation   548,657    676,194 
           
Total property, plant and equipment, net   166,604    35,862 

 

Depreciation expenses recognized for the years ended March 31, 2026 and 2025 were US$130,485 and US$149,290 respectively. In 2026, US$38,376 of the depreciation expense was attributed to the cost of goods sold, and US$92,109 was allocated to general and administrative expense. Depreciation expense for idle machinery increased in fiscal 2026 due to a decrease in the number of projects. In 2025, US$133,772 of the depreciation expense was attributed to the cost of goods sold, and US$15,518 was allocated to general and administrative expense.