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Consolidated Balance Sheets - USD ($)
Dec. 31, 2018
Mar. 31, 2018
Current Assets    
Cash and cash equivalents $ 35,962,549 $ 25,353,360
Accounts receivable 180,894 174,558
Inventories 3,579,491 2,383,382
Purchase deposit to related party 1,195,399 1,412,864
Prepaid leases - current portion 858,659 741,583
Total current assets 41,776,992 30,065,747
Prepaid expenses 1,107,793 641,349
Development cost of acer truncatum bunge planting 45,442,082 48,984,881
Plant, property, and equipment, net 14,492,277 16,793,413
Intangible assets, net 9,939,499 11,862,017
Deferred tax assets 85,620 200,387
Security deposit to related party 1,457,046 1,590,305
Total assets 114,301,309 110,138,099
Current liabilities:    
Accounts payable and other accrued expenses 107,701 372,782
Advance from customers 0 445,829
Taxes payable 2,073,578 1,164,198
Total current liabilities 2,181,279 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 107,356,757 94,447,937
Accumulated other comprehensive income (loss) (4,647,776) 4,455,017
Total stockholders' equity attributable to the Company 108,953,612 105,106,585
Noncontrolling interest 3,166,418 3,048,705
Total stockholders' deficit 112,120,030 108,155,290
Total liabilities and stockholders' deficit $ 114,301,309 $ 110,138,099