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Segment Information
6 Months Ended
Mar. 31, 2016
Segment Information [Text Block]
21.

Segment Information

   
 

The Company engages in one business segment, the manufacture, commercialization and distribution of a wide variety of standard and customized rechargeable batteries for use in a wide array of applications. The Company used to manufacture 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 were sold to packing plants operated by third parties primarily for use in mobile phones and other electronic devices. After the disposal of BAK International, the Company focused on producing high-power lithium battery cells. Net revenues for the three and six months ended March 31, 2015 and 2016 were as follows:

   
 

Net revenues by product:


      Three months ended March 31,     Six months ended March 31,  
      2015     2016     2015     2016  
  High power lithium batteries used in:                        
   Electric vehicles $   -   $ 2,742,955   $   -   $ 6,407,879  
   Light electric vehicles   -     53,367     -     145,091  
   Uninterruptable supplies   3,066,307     402,591     6,145,414     2,146,532  
    $ 3,066,307   $ 3,198,913   $ 6,145,414   $ 8,699,502  

Net revenues by geographic area:

      Three months ended March 31,     Six months ended March 31,  
      2015     2016     2015     2016  
  PRC Mainland $ 3,066,307   $ 2,771,540   $ 6,145,414   $ 8,161,667  
  Europe   -     251,206     -     251,206  
  PRC Taiwan   -     176,058           285,526  
  Others   -     109     -     1,103  
    $ 3,066,307   $ 3,198,913   $ 6,145,414   $ 8,699,502  

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