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Consolidated Balance Sheets - USD ($)
Jun. 30, 2018
Mar. 31, 2018
Current Assets    
Cash and cash equivalents $ 27,863,079 $ 25,353,360
Accounts receivable 364,809 174,558
Inventories 3,164,358 2,383,382
Purchase deposit to related party 1,208,005 1,412,864
Prepaid leases - current portion 633,732 741,583
Total current assets 33,233,983 30,065,747
Prepaid expenses 457,876 641,349
Development cost of acer truncatum bunge planting 46,730,621 48,984,881
Plant, property, and equipment, net 15,687,813 16,793,413
Intangible assets, net 10,952,043 11,862,017
Deferred tax assets 169,314 200,387
Security deposit to related party 1,511,350 1,590,305
Total assets 108,743,000 110,138,099
Current liabilities:    
Accounts payable and other accrued expenses 135,556 372,782
Advance from customers 0 445,829
Taxes payable 1,321,890 1,164,198
Total current liabilities 1,457,446 1,982,809
Stockholders' Equity    
Preferred shares 22,500 22,500
Common shares 29,839 29,789
Additional paid-in capital 4,363,788 4,322,838
Statutory reserve 1,828,504 1,828,504
Retained earnings 98,935,764 94,447,937
Accumulated other comprehensive income (loss) (916,224) 4,455,017
Total stockholders' equity attributable to the Company 104,264,171 105,106,585
Noncontrolling interest 3,021,383 3,048,705
Total stockholders' deficit 107,285,554 108,155,290
Total liabilities and stockholders' deficit $ 108,743,000 $ 110,138,099