XML 69 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidated Balance Sheets (USD $)
Mar. 31, 2014
Sep. 30, 2013
Current assets    
Cash and cash equivalents $ 8,448,947 $ 13,998,626
Pledged deposits 11,926,592 8,137,687
Trade accounts receivable, net 46,336,235 49,875,701
Inventories 42,604,328 57,275,187
Prepayments and other receivables 19,731,630 17,765,844
Prepaid land use right, current portion 744,495 736,334
Total current assets 129,792,227 147,789,379
Property, plant and equipment, net 177,467,529 170,152,158
Prepaid land use rights, net 21,314,622 21,932,759
Intangible assets, net 642,107 730,884
Total assets 329,216,485 340,605,180
Current liabilities    
Short-term bank loans 65,312,163 151,404,677
Accounts and bills payable 96,047,968 124,507,846
Other short-term loans 126,745,719 28,282,322
Accrued expenses and other payables 64,637,475 47,680,439
Total current liabilities 352,743,325 351,875,284
Deferred revenue 7,274,000 7,560,386
Other long-term payables 23,692,220 22,946,463
Rental deposits 1,200,176 715,398
Deferred tax liabilities 767,872 779,814
Total liabilities 385,677,593 383,877,345
Commitments and contingencies 0 0
Shareholders' equity    
Common stock $0.001 par value;20,000,000 authorized; 12,763,803 issued as of September 30, 2013 and March 31, 2014, respectively; 12,619,597 outstanding as of September 30, 2013 and March 31, 2014, respectively 12,763 12,763
Donated shares 14,101,689 14,101,689
Additional paid-in capital 127,422,699 127,349,617
Statutory reserves 7,786,157 7,786,157
Accumulated deficit (240,913,545) (226,366,718)
Accumulated other comprehensive income 39,195,739 37,910,937
Shareholders equity before treasury stock (52,394,498) (39,205,555)
Less: Treasury shares (4,066,610) (4,066,610)
Total shareholders' equity (56,461,108) (43,272,165)
Total liabilities and shareholders' equity $ 329,216,485 $ 340,605,180