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Condensed consolidated balance sheets (USD $)
Mar. 31, 2013
Sep. 30, 2012
Current assets    
Cash and cash equivalents $ 7,203,680 $ 9,271,633
Pledged deposits 8,980,474 5,510,198
Trade accounts receivable, net 56,441,533 77,449,591
Inventories, net 54,646,193 65,383,829
Prepayments and other receivables 8,090,656 7,707,546
Recoverable from loan guarantee 3,135,685 0
Deferred tax assets, net 0 4,000,043
Total current assets 138,498,221 169,322,840
Property, plant and equipment, net 246,703,702 238,757,895
Prepaid land use rights, net 32,752,536 32,503,861
Intangible assets, net 226,790 628,063
Deferred tax assets, net 0 1,736,981
Total assets 418,181,249 442,949,640
Current liabilities    
Short-term bank loans 162,786,110 156,154,525
Accounts and bills payable 136,487,809 143,745,009
Accrued expenses and other payables 31,283,128 25,960,431
Total current liabilities 330,557,047 325,859,965
Long-term bank loans, less current maturities 15,899,446 18,883,720
Other long-term loans 15,930,182 7,586,776
Deferred revenue 7,625,876 7,699,842
Other long-term payables 21,875,756 10,364,372
Deferred tax liabilities 768,948 759,394
Total liabilities 392,657,255 371,154,069
Commitments and contingencies 0 0
Shareholders' equity    
Common stock US$ 0.001 par value; 20,000,000 authorized; 12,763,803 issued and outstanding as of September 30, 2012 and March 31, 2013 12,763 12,763
Donated shares 14,101,689 14,101,689
Additional paid-in capital 127,208,995 126,990,611
Statutory reserves 7,786,157 7,786,157
Accumulated deficit (158,212,616) (110,358,489)
Accumulated other comprehensive income 38,693,616 37,329,450
Stockholders' Equity before Treasury Stock 29,590,604 75,862,181
Less: Treasury shares (4,066,610) (4,066,610)
Total shareholders' equity 25,523,994 71,795,571
Total liabilities and shareholders' equity $ 418,181,249 $ 442,949,640