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Prepaid Land Use Rights, net | 9 Months Ended
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Jun. 30, 2015
Prepaid Land Use Rights, net [Text Block] |
8. | Prepaid Land Use Rights, net
Prepaid land use rights as of September 30, 2014 and June 30, 2015 consisted of the followings:
|  |  | September 30, |  |  | June 30, |
|  |  | 2014 |  |  | 2015 |
| Prepaid land use rights | $ | 9,152,400 |  | $ | 9,062,926 |
| Accumulated amortization |  | - |  |  | (158,602 | )
|  | $ | 9,152,400 |  | $ | 8,904,324 |
| Less: Classified as current assets |  | (183,048 | ) |  | (181,258 | )
|  | $ | 8,969,352 |  | $ | 8,723,066 |
Pursuant to a land use rights acquisition agreement dated August 10, 2014, the Company acquired the rights to use a piece of land with an area of 153,832 m 2 in Dalian Economic Zone for 50 years up to August 9, 2064, at a total consideration of $8,561,334 (RMB53.1 million). Other incidental costs incurred totaled $501,592 (RMB3.1 million). Amortization expenses of the prepaid land use rights were $150,712 and $45,284 for the three months ended June 30, 2014 and 2015 and $418,720 and $158,688 for the nine months ended June 30, 2014 and 2015, respectively.

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- Definition Prepaid Land Use Rights, net and Assets and Liabilities Held For Sale + References No definition available. + Details
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Namespace Prefix: | cbak_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration