XML 89 R26.htm IDEA: XBRL DOCUMENT v3.2.0.727
Segment Information
9 Months Ended
Jun. 30, 2015
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 and until June 30, 2014, the Company was also engaged in the business segment of property lease and management (see Note 1). Net revenues from continuing operations for the three and nine months ended June 30, 2014 and 2015 were as follows:

Net revenues by product:

      Three months ended June 30,     Nine months ended June 30,  
      2014     2015     2014     2015  
  Prismatic cells                        
    Aluminum-case cells $ 3,361,596   $   -   $ 24,486,486   $   -  
    Battery packs   29,050,554     -     61,800,144     -  
  Cylindrical cells   3,341,239     -     9,277,848     -  
  Lithium polymer cells   9,963,279     -     17,145,636     -  
  High-power lithium battery cells   2,278,178     2,452,692     9,329,136     8,598,106  
    $ 47,994,846   $ 2,452,692   $ 122,039,250   $ 8,598,106  

Net revenues by geographic area:

      Three months ended June 30,     Nine months ended June 30,  
      2014     2015     2014     2015  
  PRC Mainland $ 44,300,448   $ 2,452,692   $ 105,513,367   $ 8,598,106  
  PRC Taiwan   644,796     -     2,952,745     -  
  Hong Kong, China   1,431,131     -     5,337,486     -  
  India   822,849     -     1,978,668     -  
  Others   795,622     -     6,256,984     -  
    $ 47,994,846   $ 2,452,692   $ 122,039,250   $ 8,598,106  

Substantially all of the Company’s long-lived assets are located in the PRC.