v3.5.0.1

Consolidated Statements of Comprehensive Income | 12 Months Ended
--- | ---
Mar. 31, 2016 USD ($) $ / shares | Mar. 31, 2016 CNY (¥) ¥ / shares | Mar. 31, 2015 CNY (¥) ¥ / shares | Mar. 31, 2014 CNY (¥) ¥ / shares
Consolidated Statements of Comprehensive Income |  |  |  |
Net revenues | $ 64,692,923 | ¥ 417,139,969 | ¥ 350,157,824 | ¥ 384,668,378
Cost of revenues | 32,260,733 | 208,017,208 | 172,539,260 | 188,480,346
Gross profit | 32,432,190 | 209,122,761 | 177,618,564 | 196,188,032
Operating expenses: |  |  |  |
Research and development | 5,665,190 | 36,529,145 | 36,836,338 | 27,673,298
Sales and marketing | 6,613,784 | 42,645,682 | 45,186,175 | 47,259,273
General and administrative | 12,149,685 | 78,341,173 | 64,759,122 | 71,605,616
Impairment of intangible assets |  | 0 | 310,153 | 12,009,457
Provision for (reversal of) doubtful accounts | (19,828) | (127,852) | 845,965 | (3,738,232)
Total operating expenses | 24,408,831 | 157,388,148 | 147,937,753 | 154,809,412
Other operating income |  |  | 2,077,500 | 1,072,453
Income from operations | 8,023,359 | 51,734,613 | 31,758,311 | 42,451,073
Other income (loss): |  |  |  |
Share of net loss of equity method investments | (1,369,283) | (8,829,140) | (2,196,750) |
Interest income | 554,080 | 3,572,711 | 4,136,454 | 4,770,024
Foreign currency exchange losses, net | (233,486) | (1,505,518) | (1,067,149) | (49,200)
Total other income (loss), net | (1,048,689) | (6,761,947) | 872,555 | 4,720,824
Earnings before income taxes | 6,974,670 | 44,972,666 | 32,630,866 | 47,171,897
Income tax expense | 2,934,473 | 18,921,479 | 9,575,146 | 19,895,462
Net income | 4,040,197 | 26,051,187 | 23,055,720 | 27,276,435
Other comprehensive income (loss): |  |  |  |
Foreign currency translation adjustment, net of nil income taxes | 310,570 | 2,002,553 | (30,753) | (766,783)
Comprehensive income | $ 4,350,767 | ¥ 28,053,740 | ¥ 23,024,967 | ¥ 26,509,652
Basic earnings per common share (in CNY and dollars per share) | (per share) | $ 0.09 | ¥ 0.57 | ¥ 0.49 | ¥ 0.59
Diluted earnings per common share (in CNY and dollars per share) | (per share) | $ 0.09 | ¥ 0.57 | ¥ 0.49 | ¥ 0.59

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