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Consolidated Statements of Comprehensive Loss (USD $)
3 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Net revenues    
Manufacture of batteries $ 41,205,646 $ 63,732,361
Property lease and management 1,164,831 0
Total Revenues 42,370,477 63,732,361
Cost of revenues    
Manufacture of batteries (38,559,570) (67,971,371)
Property lease and management (309,021) 0
Cost of revenues (38,868,591) (67,971,371)
Gross (loss)/ profit 3,501,886 (4,239,010)
Operating expenses:    
Research and development expenses (1,284,446) (1,545,036)
Sales and marketing expenses (1,452,964) (2,188,015)
General and administrative expenses (4,206,179) (3,767,086)
(Provision for) recovery of doubtful accounts 1,556,922 (6,200,065)
Total operating expenses (5,386,667) (13,700,202)
Operating loss (1,884,781) (17,939,212)
Finance costs, net (3,893,077) (2,734,119)
Government grant income 32,672 18,242
Loss arising from loan guarantees 0 (7,360,706)
Other (expenses) income 479,618 (117,948)
Loss before income taxes (5,265,568) (28,133,743)
Provision for income tax (16,474) (32,006)
Net loss (5,282,042) (28,165,749)
Other comprehensive income    
- Foreign currency translation adjustment (127,023) 931,440
Comprehensive loss $ (5,409,065) $ (27,234,309)
- Basic 12,619,597 12,619,597
- Diluted 12,619,597 12,619,597
Net loss per share:    
- Basic $ (0.42) $ (2.23)
- Diluted $ (0.42) $ (2.23)