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

5. PROPERTY AND EQUIPMENT, NET

 

Property and equipment, net consists of the following:

 

    As of March 31,  
    2026     2025  
    US$     US$  
Leasehold improvement     528,676       724,398  
Furniture and fixtures     245,257       163,499  
Machinery and equipment     426,253       242,953  
Motor vehicle     251,078       253,017  
Total     1,451,264       1,383,867  
Less: accumulated depreciation     (844,363 )     (883,814 )
Net carrying value     606,901       500,053  

 

Depreciation expenses recognized for the years ended March 31, 2026, 2025 and 2024 were US$216,074, US$263,454, and US$391,704 respectively.

 

As of March 31, 2026 and 2025, a motor vehicle with a carrying amount of nil and US$138,301 was under a finance lease, respectively (Note 9).