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Condensed Consolidated Statements of Comprehensive Loss (USD $)
3 Months Ended 6 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Mar. 31, 2014
Mar. 31, 2013
Net revenues $ 0 $ 0 $ 0 $ 0
Manufacture of batteries 32,838,758 44,066,491 74,044,404 107,798,852
Property lease and management 1,444,596 0 2,609,427 0
Revenues 34,283,354 44,066,491 76,653,831 107,798,852
Cost of revenues        
Manufacture of batteries (30,322,624) (47,619,000) (68,882,194) (115,590,371)
Property lease and management (308,514) 0 (617,535) 0
Cost of revenues (30,631,138) (47,619,000) (69,499,729) (115,590,371)
Gross profit (loss) 3,652,216 (3,552,509) 7,154,102 (7,791,519)
Operating expenses:        
Research and development expenses (1,227,421) (1,314,604) (2,511,867) (2,859,640)
Sales and marketing expenses (1,244,052) (1,914,579) (2,697,016) (4,102,594)
General and administrative expenses (3,786,061) (5,307,869) (7,992,240) (9,089,116)
Recovery of (provision for) bad debt provision (188,118) 6,899,731 1,368,804 699,665
Impairment charge on property, plant and equipment 0 (11,396,349) 0 (11,396,349)
Total operating expenses (6,445,652) (13,033,670) (11,832,319) (26,748,034)
Operating loss (2,793,436) (16,586,179) (4,678,217) (34,539,553)
Finance costs, net (6,698,839) (1,705,189) (10,591,916) (4,439,308)
Reversal of loss (loss) arising from loan guarantees 0 4,549,667 0 (2,811,039)
Government grant income 19,447 35 52,119 18,277
Other income (expenses) 208,043 47,555 687,661 (56,231)
Loss before income taxes (9,264,785) (13,694,111) (14,530,353) (41,827,854)
Provision for income tax 0 (5,994,266) (16,474) (6,026,273)
Net loss (9,264,785) (19,688,377) (14,546,827) (47,854,127)
Other comprehensive income        
- Foreign currency translation adjustment 1,411,825 432,726 1,284,802 1,364,166
Comprehensive loss $ (7,852,960) $ (19,255,651) $ (13,262,025) $ (46,489,961)
Net loss per share:        
- Basic $ (0.73) $ (1.56) $ (1.15) $ (3.79)
- Diluted $ (0.73) $ (1.56) $ (1.15) $ (3.79)
Weighted average number of shares of common stock:        
- Basic 12,619,597 12,619,597 12,619,597 12,619,597
- Diluted 12,619,597 12,619,597 12,619,597 12,619,597