INCOME TAX EXPENSES (Tables)

9 Months Ended

Jul. 31, 2012

Income Tax Disclosure [Abstract]

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

The following table reconciles the U.S. statutory rates to the Company’s effective tax rate for the three and nine months ended July 31, 2012 and 2011:

	The three and nine months ended
	July 31,
		2012		2011
US statutory rates		34.00	%	34.00	%
Foreign tax rate difference		(9.0	)%	(9.0	)%
Income tax holiday		(10.0	)%	(10.0	)%
Tax per financial statements		15.00	%	15.00	%

Summary of Income Tax Holiday [Table Text Block]

If the Company did not have any tax exemption, the effects of the tax per share were as follows:

	For the three months ended July 31,				For the nine months ended July 31,
	2012		2011		2012		2011
	US$		US$		US$		US$
Tax savings		385,066		303,004		2,760,059		2,102,619
Benefit per share:
Basic		0.01		0.01		0.07		0.06
Diluted		0.01		0.01		0.07		0.06

Schedule Of Estimated Pro Forma Financial Statement [Table Text Block]

Had the tax exemption not been in place for the three and nine months ended July 31, 2012 and 2011, the Company estimates the following pro forma financial statement impact:

	For the three months ended July 31,						For the nine months ended July 31,
	2012			2011			2012			2011
	US$			US$			US$			US$
Net income		3,255,538			2,519,845			23,412,891			20,549,196
Less Tax savings		(385,066	)		(303,004	)		(2,760,059	)		(2,102,619	)
Proforma Net income		2,870,472			2,216,841			20,652,832			18,446,577
Proforma Net income per share:
Basic		0.08			0.06			0.55			0.50
Diluted		0.08			0.06			0.55			0.49