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Condensed Consolidated Balance Sheets (USD $)
Aug. 31, 2011
May 31, 2011
Current assets  
Cash and cash equivalents$ 4,040,665$ 4,580,189
Inventories6,7006,679
Accounts receivable191,260644,642
Tax recoverable45,776107,308
Other receivables and deposits304,643441,351
Total current assets4,589,0445,780,169
Property, plant and equipment, net2,829,1442,936,979
Intangible assets, net1,766,1961,798,397
Goodwill610,386610,386
Available-for-sale investments627,849308,734
Amount due from a related company1,762,3741,182,200
Total assets12,184,99312,616,865
Current liabilities  
Deferred income2,367,8791,841,152
Accounts payable172,790939,932
Accrued expenses and other payables179,403422,837
Amount due to a related company66,992101,818
Taxes payable158,981120,484
Total current liabilities2,946,0453,426,223
Deferred tax liabilities(3,281)47,927
Total liabilities2,991,4903,474,150
Stockholders' equity  
Common stock, US$0.0001 par value , 300,000,000 shares authorized; 282,315,325 shares issued and outstanding, respectively28,23228,232
Additional paid in capital7,726,8937,726,893
Retained earnings755,215787,825
Accumulated other comprehensive income683,163599,765
Total stockholders' equity9,193,5039,142,715
Total liabilities and stockholders' equity$ 12,184,993$ 12,616,865