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Consolidated balance sheets (USD $)
Sep. 30, 2012
Sep. 30, 2011
Current assets    
Cash and cash equivalents $ 9,271,633 $ 24,858,239
Pledged deposits 5,510,198 5,725,587
Trade accounts receivable, net 77,449,591 88,261,267
Inventories, net 65,383,829 67,140,968
Prepayments and other receivables 7,707,546 5,242,418
Deferred tax assets, net 4,000,043 6,000,450
Total current assets 169,322,840 197,228,929
Property, plant and equipment, net 238,757,895 243,238,114
Lease prepayments, net 32,503,861 32,730,707
Intangible assets, net 628,063 295,136
Deferred tax assets, net 1,736,981 1,749,045
Total assets 442,949,640 475,241,931
Current liabilities    
Short-term bank loans 151,381,787 139,706,153
Current maturities of long-term bank loans 0 23,495,136
Accounts and bills payable 143,745,009 118,423,415
Accrued expenses and other payables 25,960,431 20,975,742
Total current liabilities 321,087,227 302,600,446
Long-term bank loans, less current maturities 23,656,458 14,975,142
Other long-term loan 7,586,776 2,457,309
Deferred revenue 7,699,842 7,455,790
Other long-term payables 10,364,372 11,731,738
Deferred tax liabilities 759,394 747,666
Total liabilities 371,154,069 339,968,091
Commitments and contingencies 0 0
Shareholders' equity    
Ordinary shares US$ 0.001 par value; 20,000,000 authorized; 12,763,269 issued and outstanding as of September 30, 2011 and 2012 respectively* 12,763 [1] 12,763 [1]
Donated shares 14,101,689 14,101,689
Additional paid-in capital 126,990,611 [1] 126,186,526 [1]
Statutory reserves 7,786,157 7,645,303
Accumulated deficit (110,358,489) (44,410,240)
Accumulated other comprehensive income 37,329,450 35,804,409
Stockholder's Equity before Treasury Stock 75,862,181 139,340,450
Less: Treasury shares (4,066,610) (4,066,610)
Total shareholders' equity 71,795,571 135,273,840
Total liabilities and shareholders' equity $ 442,949,640 $ 475,241,931
[1] *Post one-for-five reverse stock split effective on October 26, 2012