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Consolidated Statements of Cash Flows (USD $)
12 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Mar. 31, 2011
Cash flows from operating activities:      
Net income (loss) $ (2,071,259) $ 1,417,336 $ (4,187,999)
Plus: (Income) Loss from discontinued operations, net of taxes (725,773) (1,374,342) 1,775,879
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:      
Amortization 100,243 98,349 93,780
Depreciation 3,342,484 1,940,518 1,638,360
(Gain) Loss on disposal of property, plant and equipment 43,311 86,015 3,662
Allowance for doubtful accounts      768
Stock compensation expense 258,128 34,121 470,109
Shares issued to an employee 9,108   1,999
Interest received from available-for-sale investments   (13)  
Deferred tax (21,861) (604) 93,907
Foreign exchange 343,080 67,828 (390,511)
Changes in operating assets and liabilities:      
Accounts and bills receivable 10,832,906 (6,656,556) (3,974,939)
Prepaid expenses (141,709) 135,753 (74,341)
Deposits and other assets (4,403,866) (139,251) 22,616
Legal claims receivable   15,730 5,077,737
Amount due from a jointly-controlled entity   13,694 7,937
Inventories 58,655 (226,182) (1,040,759)
Accounts payable (538,503) 1,573,958 3,003,617
Discounted bills     (3,354,398)
Accrued salaries, allowances and other employee benefits 2,159,620 184,139 927,917
Other accrued liabilities 7,636,375 (542,056) 491,005
Accrual for loss contingencies   (19) (912,192)
Amount due from a related party (7,043)    
Income tax payable (1,495,465) 663,564 (458,708)
Cash provided by (used in) operating activities - continuing operations 15,378,431 (2,708,018) (784,554)
Cash provided by (used in) operating activities - discontinued operations (5,432,318) 16,078,896 (9,237,674)
Net cash provided by (used in) operations 9,946,113 13,370,878 (10,022,228)
Cash flows from investing activities:      
Proceeds from disposal of property, plant and equipment 160   1,458
Deposits paid for purchase of property, plant and equipment (209,801) (3,365)  
Purchases of property, plant and equipment (7,613,631) (543,188) (4,446,340)
Decrease (Increase) in time deposits   1,567,786 (1,494,953)
Proceeds from disposal of available-for-sale investments 2,000,000 9,000,000 15,986,532
Purchases of available-for-sale investments   (8,999,987) (3,000,000)
Cash provided by (used in) investing activities - continuing operations (5,823,272) 1,021,246 7,046,697
Cash provided by (used in) investing activities - discontinued operations 506,669 (240,763) (217,028)
Net cash provided by (used in) investing activities (5,316,603) 780,483 6,829,669
Cash flows from financing activities:      
Receipts (Deposits) of restricted cash (9,850,513) 15,420,274 (14,503,181)
Proceeds from short-term bank loans 757,941   21,479,662
Settlements of short-term bank loans   (8,930,492) (9,216,587)
Cash dividend paid (3,040,753)    
Cash provided by (used in) financing activities - continuing operations (12,133,325) 6,489,782 (2,240,106)
Cash used in financing activities - discontinued operations         
Net cash provided by (used in) financing activities (12,133,325) 6,489,782 (2,240,106)
Effect of foreign exchange rate changes on cash 96,458 (53,594) (170,747)
Net increase (decrease) in cash and cash equivalents (7,407,357) 20,587,549 (5,603,412)
Cash and cash equivalents at beginning of fiscal year 39,792,733 19,205,184 24,808,596
Cash and cash equivalents at end of fiscal year 32,385,376 39,792,733 19,205,184
Supplemental disclosure information:      
Cash paid for interest 109,749 106,599 270,823
Cash paid for taxes $ 700,334 $ 569,645 $ 623,151