XML 16 R2.htm IDEA: XBRL DOCUMENT v3.3.1.900
Consolidated balance sheets - USD ($)
Sep. 30, 2015
Sep. 30, 2014
Current assets    
Cash and cash equivalents $ 6,762,745 $ 991,519
Pledged deposits 1,519,601 0
Trade accounts and bills receivable, net 4,771,958 1,013,641
Inventories 3,057,575 2,648,098
Prepayments and other receivables 2,552,658 589,864
Receivable from former subsidiaries, net 686,514 7,261,089
Prepaid land use rights, current portion 176,764 183,048
Deferred tax assets, current portion 43,175 0
Total current assets 19,570,990 12,687,259
Property, plant and equipment, net 22,274,820 124,255
Construction in progress 13,039,373 22,187,315
Prepaid land use rights, non-current 8,455,231 8,969,352
Intangible assets, net 26,818 0
Total assets 63,367,232 43,968,181
Current liabilities    
Trade accounts and bills payable 4,910,717 0
Taxes payable 5,108,878 0
Short-term bank loans 12,585,740 4,887,426
Other short-term loans 184,755 5,552,117
Accrued expenses and other payables 11,569,981 13,427,130
Deferred government grants, current 181,510 24,437,131
Total current liabilities 34,541,581 48,303,804
Deferred government grants, non-current 7,014,114 0
Deferred tax liabilities, non-current 142,650 0
Total liabilities 41,698,345 48,303,804
Commitments and contingencies 0 0
Shareholders' (deficit) equity    
Common stock $0.001 par value; 500,000,000 (2014: 20,000,000) authorized; 12,856,301 (2014: 12,763,803) issued and 12,712,095 (2014: 12,619,597) outstanding as of September 30, 2015 12,856 12,763
Donated shares 14,101,689 14,101,689
Additional paid-in capital 138,036,080 127,438,362
Accumulated deficit (125,922,270) (141,796,196)
Accumulated other comprehensive loss (492,858) (25,631)
Stockholders' Equity Before Treasury Shares 25,735,497 (269,013)
Less: Treasury shares (4,066,610) (4,066,610)
Total shareholders' (deficit) equity 21,668,887 (4,335,623)
Total liabilities and shareholder's equity $ 63,367,232 $ 43,968,181