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Consolidated Statements of Cash Flows (USD $)
12 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Mar. 31, 2012
Cash flows from operating activities:      
Net income (loss) $ (10,663,601) $ (2,071,259) $ 1,417,336
Plus: (Income) Loss from discontinued operations, net of taxes 5,547,024 2,589,063 (1,595,997)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:      
Amortization 103,117 100,243 98,349
Depreciation 2,759,120 2,006,276 671,783
(Gain) Loss on disposal of property, plant and equipment (134,669) 43,311 86,015
Provision for impairment of property, plant and equipment 159,209    
Stock compensation expense 36,378 258,128 34,121
Shares issued to an employee   9,108  
Interest received from available-for-sale investments     (13)
Gain on disposal of available-for-sale investments (1,052)    
Realized gain on available-for-sale investments (13,980)    
Deferred tax   (21,861) (604)
Foreign exchange (36,077) 451,079 556,007
Changes in operating assets and liabilities:      
Accounts and bills receivable (5,406,403) 11,305,230 (9,311,452)
Prepaid expenses 43,768 (136,367) 137,046
Deposits and other assets (1,875,017) 37,744 (149,445)
Legal claims receivable     15,730
Amount due from a jointly-controlled entity     13,694
Inventories (2,096,040) 176,868 (324,961)
Accounts payable 5,481,337 (538,343) 1,573,952
Accrued salaries, allowances and other employee benefits 97,808 1,217,697 586,492
Other accrued liabilities 305,863 3,924,708 (623,168)
Accrual for loss contingencies     (19)
Amount due from a related party 6,272 (7,043)  
Income tax payable (423,781) (1,495,465) 663,564
Cash provided by (used in) operating activities - continuing operations (6,110,724) 17,849,117 (6,151,570)
Cash provided by (used in) operating activities - discontinued operations 427,326 (7,903,004) 19,469,954
Net cash provided by (used in) operations (5,683,398) 9,946,113 13,318,384
Cash flows from investing activities:      
Proceeds from disposal of property, plant and equipment 163,683 160  
Deposits paid for purchase of property, plant and equipment 68,940 (209,801) (49,134)
Purchases of property, plant and equipment (5,987,481) (6,846,445) (269,262)
Decrease (Increase) in time deposits (11,339,515)   1,567,786
Proceeds from disposal of available-for-sale investments 18,218 2,000,000 9,000,000
Purchases of available-for-sale investments     (8,999,987)
Cash provided by (used in) investing activities - continuing operations (17,076,155) (5,056,086) 1,249,403
Cash used in investing activities - discontinued operations (32,682) (260,517) (416,426)
Net cash provided by (used in) investing activities (17,108,837) (5,316,603) 832,977
Cash flows from financing activities:      
Receipts (Deposits) of restricted cash 10,738,758 (9,850,513) 15,420,274
Proceeds from short-term bank loans 2,478,656 757,941  
Settlements of short-term bank loans     (8,930,492)
Proceeds from exercise of stock options 14,250    
Cash dividend paid   (3,040,753)  
Cash provided by (used in) financing activities - continuing operations 13,231,664 (12,133,325) 6,489,782
Cash used in financing activities - discontinued operations 0 0 0
Net cash provided by (used in) financing activities 13,231,664 (12,133,325) 6,489,782
Effect of foreign exchange rate changes on cash (4,505) 96,458 (53,594)
Net increase (decrease) in cash and cash equivalents (9,565,076) (7,407,357) 20,587,549
Cash and cash equivalents at beginning of fiscal year 32,385,376 39,792,733 19,205,184
Cash and cash equivalents at end of fiscal year 22,820,300 32,385,376 39,792,733
Supplemental disclosure information:      
Cash paid for interest 137,688 109,749 106,599
Cash paid for taxes $ 169,526 $ 700,334 $ 569,645