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Condensed consolidated statements of operations and comprehensive loss (USD $)
3 Months Ended 9 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Net revenues $ 47,994,846 $ 45,598,726 $ 122,039,250 $ 153,397,578
Cost of revenues (43,675,974) (46,986,217) (112,558,168) (162,576,588)
Gross (loss) profit 4,318,872 (1,387,491) 9,481,082 (9,179,010)
Operating expenses:        
Research and development expenses (1,469,263) (1,135,371) (3,981,130) (3,995,011)
Sales and marketing expenses (1,807,268) (1,710,001) (4,504,284) (5,812,595)
General and administrative expenses (3,920,264) (4,654,653) (11,912,505) (13,743,951)
Recovery of (provision for) doubtful accounts (729,415) 4,387,805 639,390 5,087,650
Impairment charge on property, plant and equipment 0 (3,207,649) 0 (14,603,998)
Total operating expenses (7,926,210) (6,319,869) (19,758,529) (33,067,905)
Operating loss (3,607,338) (7,707,360) (10,277,447) (42,246,915)
Finance costs, net (6,193,187) (3,454,229) (16,785,103) (7,893,537)
Recovery of loss (loss) arising from loan guarantees 0 808,950 0 (2,002,089)
Government grant income 22,413 112,796 74,532 131,073
Other income (expense) (51,318) 27,167 636,343 (29,063)
Loss before income tax and continuing operations (9,829,430) (10,212,676) (26,351,675) (52,040,531)
Income tax expenses 0 (58,005) (16,474) (6,084,277)
Net loss profit from continuing operations, net of tax (9,829,430) (10,270,681) (26,368,149) (58,124,808)
Income from discontinued operations, net of tax 46,936,251 0 48,928,143 0
Net loss (profit) 37,106,821 (10,270,681) 22,559,994 (58,124,808)
Other comprehensive income        
Release of foreign currency translation adjustment upon disposal of subsidiaries (39,008,449) 0 (39,008,449) 0
Foreign currency translation adjustment (182,152) 871,823 1,102,650 2,235,990
Total Other comprehensive income (39,190,601) 871,823 (37,905,799) 2,235,990
Comprehensive loss $ (2,083,780) $ (9,398,858) $ (15,345,805) $ (55,888,818)
(Loss) earnings per share - Basic and diluted        
- From continuing operations $ (0.78) $ (0.81) $ (2.09) $ (4.61)
- From discontinued operations $ 3.72 $ 0.00 $ 3.88 $ 0.00
(Loss) earnings per share - Basic and diluted $ 2.94 $ (0.81) $ 1.79 $ (4.61)
Weighted average number of shares of common stock:        
- Basic 12,619,597 12,619,597 12,619,597 12,619,597
- Diluted 12,619,597 12,619,597 12,619,597 12,619,597