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Consolidated Balance Sheets - USD ($)
Sep. 30, 2018
Mar. 31, 2018
Current Assets    
Cash and cash equivalents $ 31,948,886 $ 25,353,360
Accounts receivable 122,093 174,558
Inventories 1,947,262 2,383,382
Purchase deposit to related party 1,286,166 1,412,864
Prepaid leases - current portion 856,662 741,583
Total current assets 36,161,069 30,065,747
Prepaid expenses 1,319,382 641,349
Development cost of acer truncatum bunge planting 45,459,621 48,984,881
Plant, property, and equipment, net 14,761,960 16,793,413
Intangible assets, net 10,225,176 11,862,017
Deferred tax assets 182,405 200,387
Security deposit to related party 1,453,657 1,590,305
Total assets 109,563,270 110,138,099
Current liabilities:    
Accounts payable and other accrued expenses 107,582 372,782
Advance from customers 0 445,829
Taxes payable 2,089,423 1,164,198
Total current liabilities 2,197,005 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 103,015,416 94,447,937
Accumulated other comprehensive income (loss) (4,917,587) 4,455,017
Total stockholders' equity attributable to the Company 104,342,460 105,106,585
Noncontrolling interest 3,023,805 3,048,705
Total stockholders' deficit 107,366,265 108,155,290
Total liabilities and stockholders' deficit $ 109,563,270 $ 110,138,099