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CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY - USD ($)
Ordinary shares
Private placement offering
Ordinary shares
IPO offering
Ordinary shares
Additional paid-in capital
Private placement offering
Additional paid-in capital
IPO offering
Additional paid-in capital
Retained earnings
Accumulated other comprehensive income
Non-controlling interest
Private placement offering
IPO offering
Total
Balance at the beginning of the year at Mar. 31, 2015     $ 4,208     $ 3,683,182 $ (350,171) $ 17,366       $ 3,354,585
Balance at the beginning of the year (in shares) at Mar. 31, 2015 [1]     42,080,000                  
CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY                        
Shareholders' contribution           7,601,048           7,601,048
Net income for the year             3,538,407         3,538,407
Foreign currency translation adjustment               (482,083)       (482,083)
Balance at the end of the year at Mar. 31, 2016     $ 4,208     11,284,230 3,188,236 (464,717)       14,011,957
Balance at the end of the year (in shares) at Mar. 31, 2016 [1]     42,080,000                  
CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY                        
Procceds from issuance of shares $ 84     $ 2,000,000           $ 2,000,084    
Procceds from issuance of shares (in shares) [1] 841,600                      
Shareholders' contribution           1,487           1,487
Net income for the year             8,570,864         8,570,864
Foreign currency translation adjustment               (1,080,036)       (1,080,036)
Balance at the end of the year at Mar. 31, 2017     $ 4,292     13,285,717 11,759,100 (1,544,753)       $ 23,504,356
Balance at the end of the year (in shares) at Mar. 31, 2017     42,921,600 [1]                 42,921,600
CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY                        
Procceds from issuance of shares   $ 504     $ 43,273,198           $ 43,273,702  
Procceds from issuance of shares (in shares) [1]   5,036,950                    
Share-based compensation           1,828,868           $ 1,828,868
Capital contribution from non-controlling interest ("NCI")                 $ 4,507,205     4,507,205
Net income for the year             65,481,973   28,652     65,510,625
Foreign currency translation adjustment               5,923,982 104,161     6,028,143
Purchase of shares from NCI           30,188     $ (4,640,018)     (4,609,830)
Balance at the end of the year at Mar. 31, 2018     $ 4,796     $ 58,417,971 $ 77,241,073 $ 4,379,229       $ 140,043,069
Balance at the end of the year (in shares) at Mar. 31, 2018     47,958,550 [1]                 47,958,550
[1] The shares are presented on a retroactive basis to reflect the nominal share issuance. See Note 15.