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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Mar. 31, 2014
Cash flows from operating activities      
Net (loss) / income $ 2,871,000 $ 1,110,000 $ (221,000)
Adjustments to reconcile net (loss) / income to net cash provided by operating activities:      
Depreciation 1,047,000 1,082,000 1,086,000
Amortization 288,000 294,000 289,000
Gain on disposal of property, plant and equipment (718,000) (98,000) (3,595,000)
Gain on disposal of intangible assets (519,000)
Write-down of inventories 30,000 687,000 874,000
Write off of property, plant and equipment 192,000 1,511,000
Change in cash surrender value of life insurance contract (4,000) (5,000) (4,000)
Change in fair value of financial instruments (46,000) (132,000) 419,000
Compensation expense for stock options granted 801,000
Changes in assets and liabilities:      
Trade receivables 393,000 1,174,000 279,000
Other receivables, deposits and prepayments 336,000 380,000 (166,000)
Receivable from affiliated party (166,000)
Repayment from affiliated party 166,000
Inventories 1,268,000 3,737,000 (2,959,000)
Income tax recoverable 39,000
Accounts payable (2,290,000) (5,622,000) 2,620,000
Accrued charges and deposits 36,000 520,000 268,000
Payable to affiliated parties 13,000 56,000 10,000
Income tax liabilities 310,000 (894,000)
Net cash provided by operating activities 3,855,000 2,647,000 245,000
Cash flows from investing activities      
Proceeds from disposal of property, plant and equipment 805,000 314,000 40,000
Acquisition of property, plant and equipment (823,000) (1,105,000) (2,778,000)
Proceeds from disposal of intangible assets 342,000
Acquisition of financial instruments at fair value (134,000) (390,000)
Proceeds from sale of financial instruments at fair value 391,000
Acquisition of fixed deposits (1,049,000)
Proceeds from maturity of fixed deposits 1,049,000 1,014,000
Net cash (used in) / generated from investing activities 581,000 (132,000) (2,773,000)
Cash flows from financing activities      
Capital lease payments (31,000) (24,000) (28,000)
Advance from notes payable 4,370,000 6,275,000 7,313,000
Repayment of notes payable (4,963,000) (6,972,000) (7,062,000)
Advance from bank overdrafts 630,000
Repayment of bank overdrafts (630,000) (180,000)
Advance from bank loans 2,927,000 963,000
Repayment of bank loans (2,870,000) (1,871,000)
Advance from affiliated party 538,000
Payment to affiliated party (134,000) (67,000)
Stock repurchase (99,000)
Net cash generated from / (used in) financing activities (3,727,000) 176,000 1,636,000
Net (decrease) / increase in cash and cash equivalents 709,000 2,691,000 (892,000)
Effect of exchange rate changes on cash and cash equivalents (189,000) 220,000 (132,000)
Cash and cash equivalents, beginning of year 3,027,000 116,000 1,140,000
Cash and cash equivalents, end of year 3,547,000 3,027,000 116,000
Cash paid during the year for:      
Interest 113,000 273,000 136,000
Income tax 13,000
Income tax refund received 39,000 165,000
Non-cash investing activities:      
Property plant and equipment acquired under capital lease $ 116,000 $ 120,000