XML 77 R11.htm IDEA: XBRL DOCUMENT
v2.4.0.6

Prepayments and Other Receivables and Recoverable from Loan Guarantee | 6 Months Ended
--- | ---
Mar. 31, 2013
Prepayments and Other Receivables and Recoverable from Loan Guarantee [Text Block] | 5. Prepayments and Other Receivables and Recoverable from Loan Guarantee (a) Prepayments and other receivables as of September 30, 2012 and March 31, 2013 consisted of the following:
|  |  | September 30, |  |  | March 31, |
|  |  | 2012 |  |  | 2013 |
| Prepayments for raw materials and others | $ | 4,458,058 |  | $ | 3,023,049 |
| Staff advances |  | 1,014,814 |  |  | 863,383 |
| Obsolete asset disposal |  | 1,005,409 |  |  | 1,018,059 |
| Prepaid operating expenses |  | 1,176,592 |  |  | 1,095,565 |
| Advances to third parties |  | - |  |  | 1,729,471 |
| Advances to related parties |  | - |  |  | 238,078 |
| Value added taxes recoverable |  | 1,263,544 |  |  | 1,093,391 |
| Others |  | 94,458 |  |  | 346,938 |
|  |  | 9,012,875 |  |  | 9,407,934 |
| Less: Allowance for doubtful accounts |  | (1,305,329 | ) |  | (1,317,278 | )
|  | $ | 7,707,546 |  | $ | 8,090,656 |
Advances to unrelated third parties were interest-free, unsecured and repayable on demand.
As of March 31, 2013 and September 30, 2012, the Company advances to three related companies with common shareholder of Mr Xianqian Li, the Company’s CEO. These loans to related companies were interest-free, unsecured and repayable on demand.
An analysis of the allowance for staff advances and obsolete asset disposal is as follows:
| Balance at October 1, 2012 | $ | 1,305,329 |
| Recoveries for the period |  | (4,453 | )
| Foreign exchange adjustment |  | 16,402 |
| Balance at March 31, 2013 | $ | 1,317,278 |
(b) Recoverable from loan guarantee As further mentioned in Note 16 (iii), the Company has paid a defaulted payment in respect of the guarantee to Shenzhen Langjin Technology Co., Ltd (“Shenzhen Langjin”). As of March 31, 2013, the Company expected to recover at least $4.6 million from Shenzhen Langjin, of which $1,529,029 had been received. On April 28, 2013, the Company received a further indemnification amount of $3,135,685.

X
- Definition Prepayments and Other Receivables and Recoverable from Loan Guarantee + References No definition available. + Details
Name: | cbak_PrepaymentsAndOtherReceivablesAndRecoverableFromLoanGuaranteeTextBlock
Namespace Prefix: | cbak_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration