Property, plant and equipment, net

12 Months Ended

Mar. 31, 2016

Property, plant and equipment

Property, plant and equipment, net

4 Property, plant and equipment, net

During the fiscal years ended March 31, 2014, 2015 and 2016, depreciation expenses charged to the consolidated statements of operations amounted to approximately $1,086,000, $1,082,000 and $1,047,000 respectively.  As at March 31, 2015 and 2016, fully depreciated assets that were still in use by the Company amounted to $9,550,000 and $9,195,000, respectively.

Property, plant and equipment in Shenzhen and Xinxing were assessed for impairment according to the policy described in note 1(h).  The Company concluded that no impairment to property, plant and equipment in Shenzhen and Xinxing were required for the fiscal years ended March 31, 2015 and 2016.