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Consolidated Balance Sheets (USD $)
Mar. 31, 2012
Mar. 31, 2011
Current assets:    
Cash and cash equivalents $ 39,792,733 $ 19,205,184
Time Deposits Assets   1,534,204
Restricted cash 4,546,062 19,460,845
Available-for-sale investments 2,006,066 6,692
Accounts and bills receivable, net 30,273,062 35,632,294
Inventories 5,374,192 10,849,371
Prepaid expenses 149,558 282,391
Deposits and other assets 769,206 1,711,820
Legal claims receivable   15,681
Amount due from a related party 11,798 28,737
Amount due from a jointly-controlled entity   13,694
Total current assets 82,922,677 88,740,913
Interests in jointly-controlled entities      
Property, plant and equipment, net 21,933,787 25,013,340
Land use rights, net 3,083,128 3,060,555
Deposits paid for purchase of property, plant and equipment 66,617 112,126
Available-for-sale investments 1,033,800 3,009,200
Total assets 109,040,009 119,936,134
Current liabilities:    
Short term bank loans 4,000,000 12,585,054
Accounts payable 8,163,510 10,352,938
Bills payable   1,278,754
Customer deposits 860,779 821,288
Accrued salaries, allowances and other employee benefits 3,102,335 5,607,570
Accrual for loss contingencies   31,458
Other accrued liabilities 6,637,851 7,576,062
Income tax payable 6,157,885 5,318,002
Total current liabilities 28,922,360 43,571,126
Deferred tax liabilities 27,017 27,549
Total liabilities 28,949,377 43,598,675
Commitments and contingencies      
Shareholders' equity:    
Common stock, par value US$0.04 per share; 12,500,000 shares authorized; 3,229,314 shares issued as of March 31, 2012 and 2011 129,173 129,173
Preferred stock, par value US$0.04 per share; 250,000 shares authorized; no shares issued      
Additional paid-in capital 84,786,226 84,752,105
Accumulated deficit (9,690,526) (11,101,203)
Accumulated other comprehensive income 9,697,445 7,395,275
Less: Treasury stock, at cost, 189,587 shares as of March 31, 2012 and 2011 (4,663,321) (4,663,321)
Total Global-Tech Advanced Innovations Inc. shareholders' equity 80,258,997 76,512,029
Non-controlling interests (168,365) (174,570)
Total equity 80,090,632 76,337,459
Total liabilities and shareholders' equity $ 109,040,009 $ 119,936,134