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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
3 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Cash Flows From Operating Activities:    
Net income $ 1,575,535 $ 3,004,445
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization of plant, property and equipment 176,525 153,219
Amortization of intangible assets 282,974 336,462
Amortization of prepaid leases 237,807 172,097
Issuance of common shares for services 10,609  
Stock-based compensation expenses 101,026  
Deferred taxes (18,630)  
Changes in operating assets and liabilities:    
Change in inventory (12,762) (1,421,332)
Change in accounts receivable 88,876 (75,125)
Change in taxes payable 195,296 (312,668)
Change in accounts payable and accrued expenses 64,465 (29,156)
Net cash provided by operating activities 2,701,721 1,827,942
Cash flows from investing activities:    
Acquisition of property, plant and equipment (639,877) (409,806)
Advance payment for construction   (241,818)
Development cost of acer truncatum bunge planting (474,608) (879,042)
Net cash used in investing activities (1,114,485) (1,530,666)
Effect of exchange rate changes on cash and cash equivalents (219,655) 61,532
Net increase in cash and cash equivalents 1,367,581 358,808
Cash and cash equivalents at beginning of period 7,639,084 13,083,532
Cash and cash equivalents at end of period 9,006,665 13,442,340
Cash paid during the periods for:    
Interest
Income taxes $ 531,488 $ 1,023,018