v3.5.0.1

DESCRIPTION OF BUSINESS, ORGANIZATION AND SIGNIFICANT CONCENTRATIONS AND RISKS (Details 2) | 12 Months Ended |  |  |
--- | --- | --- | --- | ---
Mar. 31, 2016 USD ($) | Mar. 31, 2016 CNY (¥) | Mar. 31, 2015 CNY (¥) | Mar. 31, 2014 CNY (¥) | Mar. 31, 2016 HKD | Mar. 31, 2016 USD ($) | Mar. 31, 2016 CNY (¥) | Mar. 31, 2015 USD ($) | Mar. 31, 2015 CNY (¥) | Mar. 31, 2013 CNY (¥)
Significant Concentrations and Risks |  |  |  |  |  |  |  |  |  |
Net revenue | $ 64,692,923 | ¥ 417,139,969 | ¥ 350,157,824 | ¥ 384,668,378 |  |  |  |  |  |
Accounts receivable, net |  |  |  |  |  | $ 7,839,956 | ¥ 50,552,034 |  | ¥ 48,150,046 |
Cash and cash equivalents balances |  |  |  | 311,947,098 |  | $ 38,410,009 | 247,667,737 | $ 37,266,652 | 240,295,371 | ¥ 290,029,715
PRC | Maximum |  |  |  |  |  |  |  |  |  |
Significant Concentrations and Risks |  |  |  |  |  |  |  |  |  |
Amount insured by government authority |  |  |  |  |  |  | 500,000 |  |  |
HKSAR | Maximum |  |  |  |  |  |  |  |  |  |
Significant Concentrations and Risks |  |  |  |  |  |  |  |  |  |
Amount insured by government authority | HKD |  |  |  |  | HKD 500,000 |  |  |  |  |
Net revenues | Customer concentration risk | Chinese government controlled entities |  |  |  |  |  |  |  |  |  |
Significant Concentrations and Risks |  |  |  |  |  |  |  |  |  |
Service fees |  | ¥ 301,500,000 | ¥ 246,200,000 | ¥ 250,300,000 |  |  |  |  |  |
Percentage of concentration of risk | 72.30% | 72.30% | 70.30% | 65.10% |  |  |  |  |  |
Net revenues | Customer concentration risk | The Chinese Institute of Certified Public Accountants |  |  |  |  |  |  |  |  |  |
Significant Concentrations and Risks |  |  |  |  |  |  |  |  |  |
Net revenue |  | ¥ 76,485,306 | ¥ 64,944,327 | ¥ 61,654,948 |  |  |  |  |  |
Percentage of concentration of risk | 18.30% | 18.30% | 18.50% | 16.00% |  |  |  |  |  |
Net revenues | Customer concentration risk | Securities Association of China |  |  |  |  |  |  |  |  |  |
Significant Concentrations and Risks |  |  |  |  |  |  |  |  |  |
Net revenue |  | ¥ 67,045,689 | ¥ 66,847,350 | ¥ 64,057,268 |  |  |  |  |  |
Percentage of concentration of risk | 16.10% | 16.10% | 19.10% | 16.70% |  |  |  |  |  |
Net revenues | Customer concentration risk | China Banking Association |  |  |  |  |  |  |  |  |  |
Significant Concentrations and Risks |  |  |  |  |  |  |  |  |  |
Net revenue |  | ¥ 61,190,087 | ¥ 64,169,577 | ¥ 67,516,046 |  |  |  |  |  |
Percentage of concentration of risk | 14.70% | 14.70% | 18.30% | 17.60% |  |  |  |  |  |
Accounts receivable, net | Credit concentration risk, customers or financial institutions | Asset Management Association of China |  |  |  |  |  |  |  |  |  |
Significant Concentrations and Risks |  |  |  |  |  |  |  |  |  |
Percentage of concentration of risk | 26.20% | 26.20% |  |  |  |  |  |  |  |
Accounts receivable, net |  |  |  |  |  |  | 13,243,230 |  |  |
Accounts receivable, net | Credit concentration risk, customers or financial institutions | The Chinese Institute of Certified Public Accountants |  |  |  |  |  |  |  |  |  |
Significant Concentrations and Risks |  |  |  |  |  |  |  |  |  |
Percentage of concentration of risk | 12.00% | 12.00% |  |  |  |  |  |  |  |
Accounts receivable, net |  |  |  |  |  |  | 6,069,096 |  |  |
Accounts receivable, net | Credit concentration risk, customers or financial institutions | Securities Association of China |  |  |  |  |  |  |  |  |  |
Significant Concentrations and Risks |  |  |  |  |  |  |  |  |  |
Percentage of concentration of risk |  |  | 44.90% |  |  |  |  |  |  |
Accounts receivable, net |  |  |  |  |  |  |  |  | 21,601,986 |
Cash and cash equivalent | Credit concentration risk, customers or financial institutions |  |  |  |  |  |  |  |  |  |
Significant Concentrations and Risks |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents balances |  |  |  |  |  |  | 247,667,737 |  | 240,295,371 |
Cash and cash equivalent | Credit concentration risk, customers or financial institutions | PRC |  |  |  |  |  |  |  |  |  |
Significant Concentrations and Risks |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents balances |  |  |  |  |  |  | 236,843,844 |  | 190,965,075 |
Cash and cash equivalent | Credit concentration risk, customers or financial institutions | PRC | Denominated in Renminbi ("RMB") |  |  |  |  |  |  |  |  |  |
Significant Concentrations and Risks |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents balances |  |  |  |  |  |  | 236,843,121 |  | 190,964,354 |
Cash and cash equivalent | Credit concentration risk, customers or financial institutions | PRC | Denominated in United Stated Dollars ("USD") |  |  |  |  |  |  |  |  |  |
Significant Concentrations and Risks |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents balances |  |  |  |  |  |  | 723 |  | 721 |
Cash and cash equivalent | Credit concentration risk, customers or financial institutions | HKSAR |  |  |  |  |  |  |  |  |  |
Significant Concentrations and Risks |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents balances |  |  |  |  |  |  | 10,823,893 |  | 49,330,296 |
Cash and cash equivalent | Credit concentration risk, customers or financial institutions | HKSAR | Denominated in Renminbi ("RMB") |  |  |  |  |  |  |  |  |  |
Significant Concentrations and Risks |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents balances |  |  |  |  |  |  |  |  | 43,214,291 |
Cash and cash equivalent | Credit concentration risk, customers or financial institutions | HKSAR | Denominated in Hong Kong Dollar |  |  |  |  |  |  |  |  |  |
Significant Concentrations and Risks |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents balances |  |  |  |  |  |  | 20,873 |  | 33,442 |
Cash and cash equivalent | Credit concentration risk, customers or financial institutions | HKSAR | Denominated in United Stated Dollars ("USD") |  |  |  |  |  |  |  |  |  |
Significant Concentrations and Risks |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents balances |  |  |  |  |  |  | 10,502,056 |  | 5,973,846 |
Cash and cash equivalent | Credit concentration risk, customers or financial institutions | HKSAR | Denominated in Great Britain Pound |  |  |  |  |  |  |  |  |  |
Significant Concentrations and Risks |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents balances |  |  |  |  |  |  | ¥ 300,964 |  | ¥ 108,717 |

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