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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2015
Mar. 31, 2015
Current Assets:    
Cash and cash equivalents $ 65,206 $ 85,171
Restricted cash 110,703 145,906
Accounts receivable, net of allowance of $1,197 and $1,824, respectively 24,024 15,405
Inventories 86,926 87,754
Due from related parties 17 2,629
Prepaid income tax 2,606 0
Receivable from disposal of subsidiaries 1,156 6,726
Deferred tax assets 11,707 12,267
Prepayments, tax receivables and others 39,974 27,012
Total current assets 342,319 382,870
Property, plant and equipment, net 275,017 187,085
Land use rights, net 8,549 8,657
Intangible assets, net 2,577 2,588
Restricted cash 113,419 78,799
Due from related parties 529 2,139
Deferred tax assets 376 298
Long-term loan receivable 9,240 0
Other non-current assets 5,019 2,449
TOTAL ASSETS 757,045 664,885
Current Liabilities:    
Short-term debt 98,677 145,639
Long-term debt due within one year 74,985 130,426
Accounts payable 62,381 47,764
Income taxes payable 0 1,233
Due to related parties 242 130
Advances from customers 22,705 14,844
Other current liabilities 50,045 46,790
Total current liabilities 309,035 386,826
Long-term debt 300,323 144,627
Deferred government subsidy 4,756 3,816
Capital lease obligations 7,305 7,806
Other long-term liabilities 6,427 7,241
Total liabilities 627,846 550,316
Equity:    
Common stock, $.0001 par value: 250,000 authorized; 57,301 issued and 56,837 outstanding at December 31, 2015, 57,301 and 57,301 issued and outstanding at March 31, 2015, respectively 6 6
Additional paid-in capital 135,319 135,440
Accumulated deficit (14,906) (35,046)
Accumulated other comprehensive income 8,930 11,526
Noncontrolling shareholders' contribution receivable (3,735) 0
Total common stockholders' equity 125,614 111,926
Noncontrolling interest 3,585 2,643
Total equity 129,199 114,569
TOTAL LIABILITIES AND EQUITY $ 757,045 $ 664,885