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Condensed consolidated balance sheets - USD ($)
Jun. 30, 2015
Sep. 30, 2014
Current assets    
Cash and cash equivalents $ 11,554,163 $ 991,519
Trade accounts receivable, net 5,269,189 1,013,641
Inventories 4,004,479 2,648,098
Prepayments and other receivables 3,841,714 589,864
Receivable from former subsidiaries, net 0 7,261,089
Prepaid land use rights, current portion 181,258 183,048
Total current assets 24,850,803 12,687,259
Property, plant and equipment, net 12,152,968 124,255
Construction in progress 20,916,925 22,187,315
Prepaid land use rights, non-current 8,723,066 8,969,352
Total assets 66,643,762 43,968,181
Current liabilities    
Short-term bank loans 12,905,724 4,887,426
Other short-term loans 11,955,520 5,552,117
Accounts payable 487,931 0
Trade payable to a former subsidiary 2,555,860 0
Advance from a former subsidiary 77,134 0
Accrued expenses and other payables 12,092,200 13,427,130
Deferred government grants, current 186,125 24,437,131
Deferred tax liabilities, current 267,524 0
Total current liabilities 40,528,018 48,303,804
Deferred government grants, non-current 7,238,974 0
Deferred tax liabilities, non-current 5,499,994 0
Total liabilities 53,266,986 48,303,804
Commitments and contingencies 0 0
Shareholders' (deficit) equity    
Common stock $0.001 par value; 500,000,000 and 200,000,0000 authorized as of September 30, 2014 and June 30, 2015 ; 12,763,803 issued as of September 30, 2014 and June 30, 2015; 12,619,597 outstanding as of September 30, 2014 and June 30, 2015 12,763 12,763
Donated shares 14,101,689 14,101,689
Additional paid-in capital 127,630,791 127,438,362
Accumulated deficit (124,294,248) (141,796,196)
Accumulated other comprehensive income (7,609) (25,631)
Stockholder Equity before Treasury Stock 17,443,386 (269,013)
Less: Treasury shares (4,066,610) (4,066,610)
Total shareholders' (deficit) equity 13,376,776 (4,335,623)
Total liabilities and shareholder's (deficit) equity $ 66,643,762 $ 43,968,181