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Segment Information
6 Months Ended
Mar. 31, 2014
Segment Information [Text Block]

19. Segment Information

The Company used to engage in one business segment, the manufacture, commercialization and distribution of a wide variety of standard and customized lithium ion rechargeable batteries for use in a wide array of applications. The Company manufactured five types of Li-ion rechargeable batteries: aluminum-case cell, battery pack, cylindrical cell, lithium polymer cell and high-power lithium battery cell. The Company's products are sold to packing plants operated by third parties primarily for use in mobile phones and other electronic devices. Starting from the three months ended December 31, 2013, the Company is also engaged in the business segment of property lease and management on its Research and Development Centre in Shenzhen, which was completed in July 2013. Net revenues for the three and six months ended March 31, 2013 and 2014 were as follows:

Net revenues from manufacture of batteries by-products:

    Three Months Ended March 31,     Six Months Ended March 31,  
    2013     2014     2013     2014  
Prismatic cells                        
  Aluminum-case cell $ 8,986,832   $ 8,000,449   $ 18,303,369   $ 21,124,890  
  Battery pack   17,384,183     15,591,339     39,820,973     32,749,590  
Cylindrical cells   10,692,127     486,376     30,291,672     5,936,609  
Lithium polymer cells   2,916,123     5,582,513     9,851,606     7,182,357  
High-power lithium battery cells   4,087,226     3,178,081     9,531,232     7,050,958  
Total $ 44,066,491   $ 32,838,758   $ 107,798,852   $ 74,044,404  

Net revenues from manufacture of batteries by geographical areas:

    Three Months Ended March 31,     Six Months Ended March 31,  
    2013     2014     2013     2014  
PRC Mainland $ 35,508,879   $ 27,688,156   $ 84,503,460   $ 61,212,919  
PRC Taiwan   1,384,986     327,020     7,193,954     2,307,949  
India   2,010,943     899,638     5,066,831     1,155,819  
Hong Kong, China   2,333,305     1,407,001     6,330,677     3,906,355  
Others   2,828,378     2,516,943     4,703,930     5,461,362  
Total $ 44,066,491   $ 32,838,758   $ 107,798,852   $ 74,044,404  
    Three Months Ended       Six Months Ended  
    March 31,     March 31,  
    2013     2014     2013     2014  
Revenues                        
   Manufacture of lithium ion rechargeable batteries $ 44,066,491   $ 32,838,758   $ 107,798,852   $ 74,044,404  
   Property lease and management   -     1,444,596     -     2,609,427  
Total $ 44,066,491   $ 34,283,354   $ 107,798,852   $ 76,653,831  
Depreciation                        
   Manufacture of lithium ion rechargeable batteries $ 4,440,471   $ 2,408,074   $ 9,358,241   $ 4,667,757  
   Property lease and management   -     308,514     -     617,535  
Total $ 4,440,471   $ 2,716,588   $ 9,358,241   $ 5,285,292  
Prepaid land use right amortization                        
   Manufacture of lithium ion rechargeable batteries $ 391,519   $ 133,285   $ 577,454   $ 268,008  
   Property lease and management   -     -     -     -  
Total $ 391,519   $ 133,285   $ 577,454   $ 268,008  
Intangible assets amortization                        
   Manufacture of lithium ion rechargeable batteries $ 54,149   $ 46,279   $ 86,817   $ 95,061  
   Property lease and management   -     -     -     -  
Total $ 54,149   $ 46,279   $ 86,817   $ 95,061  
Interest expense, net of amounts capitalized                        
   Manufacture of lithium ion rechargeable batteries $ 1,874,722   $ 6,754,067   $ 4,346,894   $ 10,811,323  
   Property lease and management   -     -     -     -  
Total $ 1,874,722   $ 6,754,067   $ 4,346,894   $ 10,811,323  
Net income (loss)                        
   Manufacture of lithium ion rechargeable batteries $ (19,688,377 ) $ (10,400,867 ) $ (47,854,127 ) $ (16,538,719 )
   Property lease and management   -     1,136,082     -     1,991,892  
  $ (19,688,377 ) $ (9,264,785 ) $ (47,854,127 ) $ (14,546,827 )
Expenditures for identifiable long-lived tangible assets                        
   Manufacture of lithium ion rechargeable batteries $ 10,237,895   $ 4,435,633   $ 20,800,251   $ 4,612,709  
   Property lease and management   -     -     -     3,226,332  
Total $ 10,237,895   $ 4,435,633   $ 20,800,251   $ 7,839,041  
    September 30,     March 31,  
    2013     2014  
Total assets            
Manufacture of lithium ion rechargeable batteries $ 307,849,307   $ 283,667,983  
             
   Property lease and management   32,755,873     45,548,502  
Total $ 340,605,180   $ 329,216,485