Property, plant and equipment, net

12 Months Ended

Mar. 31, 2019

Property, Plant and Equipment [Abstract]

Property, plant and equipment, net

4 Property, plant and equipment, net

Property, plant and equipment, net, consisted of the following:

	March 31,
	2018			2019
	$ in thousands			$ in thousands
Cost
Buildings		17,863			16,890
Construction-in-progress		260			597
Plant and machinery		9,932			9,838
Furniture, fixtures and equipment		1,468			1,475
Motor vehicles		643			636
		30,166			29,436
Less: accumulated depreciation		(19,732	)		(19,845	)
		10,434			9,591

During the fiscal years ended March 31, 2017, 2018 and 2019, depreciation expenses charged to the consolidated statements of operations amounted to approximately $1,046,000, $1,099,000 and $859,000, respectively. As at March 31, 2018 and 2019, fully depreciated assets that were still in use by the Company amounted to $9,853,000 and $15,749,000, respectively.

Property, plant and equipment in 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 Xinxing was required as at March 31, 2019.