XML 83 R13.htm IDEA: XBRL DOCUMENT
v2.4.0.6

Short-term Bank Loans | 6 Months Ended
--- | ---
Mar. 31, 2013
Short-term Bank Loans [Text Block] | 7. Short-term Bank Loans As of September 30, 2012 and March 31, 2013, the Company had several short-term bank loans and current maturities of long term loans with aggregate outstanding balances of $156,154,525 and $162,786,110, respectively. The loans were primarily obtained for general working capital, carried at interest rates ranging from 4.4% to 6.9% per annum, and had maturity dates ranging from 6 to 12 months. The loans are guaranteed by Mr. Xiangqian Li, who did not receive any compensation for acting as a guarantor. These facilities were also secured by the Company’s assets with the following carrying values:
|  |  | September 30, |  |  | March 31, |
|  |  | 2012 |  |  | 2013 |
| For short- term bank loans |  |  |  |  |  |
| Inventories | $ | 23,863,691 |  | $ | 24,163,958 |
| Machinery and equipment, net |  | 47,255,604 |  |  | 44,076,028 |
| Land use rights, buildings and construction in |  |  |  |  |  |
| progress of BAK Industrial Park |  | 107,140,980 |  |  | 105,336,168 |
| Land use rights #1 of Tianjin Industrial Park Zone |  | 23,970,502 |  |  | 23,907,306 |
|  |  | 202,230,777 |  |  | 197,483,460 |
| For long- term bank loans (Note 8) |  |  |  |  |  |
| Land use right and construction in progress of |  | 34,796,887 |  |  | 40,723,035 |
| Research and Development Test Centre |  |  |  |  |  |
| For other long- term loans |  |  |  |  |  |
| Land use rights #2 of Tianjin Industrial Park Zone |  | 9,566,555 |  |  | 9,577,458 |
|  | $ | 246,594,219 |  | $ | 247,783,953 |

X
- Definition The entire disclosure for short-term debt. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03.13) -URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 13 -Article 9 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 19 -Article 5 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 16 -Article 7 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03.16) -URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910 + Details
Name: | us-gaap_ShortTermDebtTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration