XML 16 R6.htm IDEA: XBRL DOCUMENT v3.10.0.1
Consolidated Statements of Cash Flows - USD ($)
6 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Net Cash Provided by (Used in) Operating Activities    
Net Income (Loss) $ 8,832,453 $ 6,233,244
Adjustments to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities    
Depreciation and amortization of plant, property and equipment 682,403 615,112
Amortization of intangible assets 644,301 628,768
Amortization of prepaid lease 446,857 431,644
Stock-based compensation expenses 41,000 0
Deferred taxes 797 278,054
Gain on disposal of acer truncatum bunge plants 0 (573,092)
Changes in operating assets and liabilities:    
Change in purchase deposit to vendors 0 664,506
Change in inventory 241,332 3,230,636
Change in accounts receivable 39,087 1,158,886
Cash received from cancellation of lease 0 56,732
Change in prepaid expenses 0 (279,239)
Change in prepaid expenses (1,398,241) 0
Change in taxes payable 1,069,603 (1,155,471)
Change in purchase deposit and accounts payable to related party, net 5,526 (686,806)
Increase (Decrease) in Accounts Payable and Accrued Liabilities (243,253) 24,034
Change in advance from customers (425,147) 113,615
Net Cash Provided by (Used in) Operating Activities, Continuing Operations 9,936,718 10,740,623
Net Cash Provided by (Used in) Investing Activities    
Acquisition of property, plant and equipment (68,483) (2,110,189)
Proceeds from disposal of acer truncatum bunge plants 0 2,114,541
Development cost of acer truncatum bunge planting (713,375) (2,420,741)
Net Cash Provided by (Used in) Investing Activities (781,858) (2,416,389)
Effect of exchange rate changes on cash and cash equivalents (2,559,334) 558,074
Cash and Cash Equivalents, Period Increase (Decrease) 6,595,526 8,882,308
Cash and Cash Equivalents, at Carrying Value, Beginning Balance 25,353,360 10,308,622
Cash and Cash Equivalents, at Carrying Value, Ending Balance 31,948,886 19,190,930
Supplemental Cash Flow Information    
Interest Paid, Including Capitalized Interest, Operating and Investing Activities 0 0
Income Taxes Paid, Net $ 1,966,462 $ 2,790,002