XML 51 R5.htm IDEA: XBRL DOCUMENT v3.20.1
Consolidation Statemnets of Changes in Equity - USD ($)
Ordinary Shares
Additional Paid-in Capital
Statutory Reserve
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Shareholders' Equity
Non-controlling Interest
Total
Beginning Balance at Mar. 31, 2016 $ 32,000 $ 217,395 $ 5,873,003 $ (148,490) $ 5,973,908 $ (7,474) $ 5,966,434
Beginning Balance, Shares at Mar. 31, 2016 [1] 3,200,000              
Capital contribution 65,302 65,302
Net income for the year 572,701 572,701 44,530 617,231
Appropriation of statutory reserve 64,190 (64,190)
Foreign currency translation gain/ loss (396,362) (396,362) (561) (396,923)
Ending Balance at Mar. 31, 2017 $ 32,000 217,395 64,190 6,381,514 (544,852) 6,150,247 101,797 6,252,044
Ending Balance, Shares at Mar. 31, 2017 [1] 3,200,000              
Capital contribution 41,119 41,119
Net income for the year 1,144,603 1,144,603 58,874 1,203,477
Appropriation of statutory reserve 152,811 (152,811)
Foreign currency translation gain/ loss 660,867 660,867 15,806 676,673
Ending Balance at Mar. 31, 2018 $ 32,000 217,395 217,001 7,373,306 116,015 7,955,717 217,596 8,173,313
Ending Balance, Shares at Mar. 31, 2018 [1] 3,200,000              
Capital contribution 65,168 65,168
Net income for the year (946,183) (946,183) (72,344) (1,018,527)
Appropriation of statutory reserve 5,179 (5,179)  
Foreign currency translation gain/ loss (523,184) (523,184) 933 (522,251)
Ending Balance at Mar. 31, 2019 $ 32,000 $ 217,395 $ 222,180 $ 6,421,944 $ (407,169) $ 6,486,350 $ 211,353 $ 6,697,703
Ending Balance, Shares at Mar. 31, 2019 [1] 3,200,000              
[1] Retrospectively restated for effect of stock split and reorganization