XML 39 R27.htm IDEA: XBRL DOCUMENT v3.6.0.2
Segment Information
 3 Months Ended
Dec. 31, 2016
Segment Information [Text Block]
21.

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.

After the disposal of BAK International and its subsidiaries (see Note 1), the Company focused on producing high-power lithium battery cells. Net revenues for the three months ended December 31, 2015 and 2016 were as follows:

Net revenues by product:

      Three months ended December 31,  
      2015     2016  
  High power lithium batteries used in:            
   Electric vehicles $ 3,664,924   $ 687,182  
   Light electric vehicles   91,724     208,531  
   Uninterruptable supplies   1,743,941     2,604,803  
  Total $ 5,500,589   $ 3,500,516  

Net revenues by geographic area:

      Three months ended December 31,  
      2015     2016  
  Mainland China $ 5,390,127   $ 3,215,912  
  Taiwan   109,468     -  
  France   -     120,916  
  Israel   -     108,995  
  USA   -     54,693  
  Others   994     -  
  Total $ 5,500,589   $ 3,500,516  

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