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CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)
3 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Cash Flows From Operating Activities:    
Net income $ 3,927,628 $ 1,575,535
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization of plant, property and equipment 287,248 176,525
Amortization of intangible assets 309,948 282,974
Amortization of prepaid leases 210,588 237,807
Issuance of common shares for services   10,609
Stock-based compensation expenses   101,026
Deferred taxes 167,355 (18,630)
Gain on disposal of acer truncatum bunge plants (573,092)  
Changes in operating assets and liabilities:    
Change in advance payment to vendors 655,130  
Change in inventory 2,315,657 (12,762)
Change in accounts receivable 1,080,011 88,876
Change in cancellation of lease 55,932  
Change in taxes payable (908,641) 195,296
Change in purchase deposit and accounts payable to related party, net (2,014,308) 109,922
Change in accounts payable and accrued expenses 40,790 (45,457)
Net cash provided by operating activities 5,554,246 2,701,721
Cash Flows From Investing Activities:    
Acquisition of property, plant and equipment (2,080,416) (639,877)
Proceeds from disposal of acer truncatum bunge plants 2,084,706  
Development cost of acer truncatum bunge planting (1,215,128) (474,608)
Net cash used in investing activities (1,210,838) (1,114,485)
Effect of exchange rate changes on cash and cash equivalents 240,841 (219,655)
Net increase in cash and cash equivalents 4,584,249 1,367,581
Cash and cash equivalents at beginning of period 10,308,622 7,639,084
Cash and cash equivalents at end of period 14,892,871 9,006,665
Cash paid during the periods for:    
Interest
Income taxes $ 1,389,829 $ 531,488