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CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY - USD ($)
Common stock
IPO
Common stock
Additional Paid-in capital
IPO
Additional Paid-in capital
Treasury stock
Retained Earnings (Deficit)
Accumulated Other Comprehensive (Loss) income
Noncontrolling interests
IPO
Total
Balance at the beginning of the year at Mar. 31, 2017   $ 4,292   $ 13,285,717   $ 11,759,100 $ (1,544,753)     $ 23,504,356
Balance at the beginning of the year (in shares) at Mar. 31, 2017   42,921,600                
CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY                    
Proceeds from issuance of shares $ 504   $ 43,273,198           $ 43,273,702  
Proceeds from issuance of shares (in shares) 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 (loss) 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                
CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY                    
Impact on adoption of ASC 606           189,686       189,686
Adjusted Balance on April 1, 2018   $ 4,796   58,417,971   77,430,759 4,379,229     140,232,755
Share-based compensation       6,585,386           6,585,386
Exercise of share options   $ 113   1,156,510           1,156,623
Exercise of share options (in shares)   1,127,853                
Exercise of RSU   $ 54   (54)            
Exercise of RSU (in shares)   538,900                
Dividends to shareholders       (6,352,948)   (13,194,584)       (19,547,532)
Repurchase of ordinary shares         $ (1,320,468)         (1,320,468)
Repurchase of ordinary shares (in shares)         (421,220)          
Net income (loss) for the year           5,532,581       5,532,581
Foreign currency translation adjustment             (6,136,187)     (6,136,187)
Balance at the end of the year at Mar. 31, 2019   $ 4,963   59,806,865 $ (1,320,468) 69,768,756 (1,756,958)     $ 126,503,158
Balance at the end of the year (in shares) at Mar. 31, 2019   49,625,303     (421,220)         49,204,083
CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY                    
Share-based compensation       347,466           $ 347,466
Exercise of share options   $ 32   281,585           281,617
Exercise of share options (in shares)   320,020                
Exercise of RSU   $ 4   (4)            
Exercise of RSU (in shares)   38,900                
Repurchase of ordinary shares         $ (2,667,902)         (2,667,902)
Repurchase of ordinary shares (in shares)         (744,663)          
Net income (loss) for the year           (71,198,379)       (71,198,379)
Shareholder's contribution       123,671           123,671
Foreign currency translation adjustment             (5,288,742)     (5,288,742)
Balance at the end of the year at Mar. 31, 2020   $ 4,999   $ 60,559,583 $ (3,988,370) $ (1,429,623) $ (7,045,700)     $ 48,100,889
Balance at the end of the year (in shares) at Mar. 31, 2020   49,984,223     (1,165,883)         48,818,340