v2.4.0.6
PROPERTY, PLANT AND EQUIPMENT
|
12 Months Ended |
|
Property, Plant and Equipment [Abstract] |
|
Property, Plant and Equipment Disclosure [Text Block] |
10. |
PROPERTY, PLANT AND EQUIPMENT |
Property, plant and equipment, net, consisted of the following:
|
|
March 31, 2012 |
|
|
March 31, 2011 |
|
|
|
|
|
|
|
|
Building |
|
$ |
44,754,344 |
|
|
$ |
12,047,068 |
|
Plant and machinery |
|
|
23,963,145 |
|
|
|
51,430,868 |
|
Leasehold improvements |
|
|
1,814,783 |
|
|
|
1,750,615 |
|
Office equipment |
|
|
4,220,655 |
|
|
|
4,007,571 |
|
Motor vehicles |
|
|
543,569 |
|
|
|
445,632 |
|
Construction in progress |
|
|
13,217,574 |
|
|
|
1,762,970 |
|
|
|
|
88,514,070 |
|
|
|
71,444,724 |
|
Less: Accumulated depreciation |
|
|
(16,433,738 |
) |
|
|
(12,302,168 |
) |
|
|
$ |
72,080,332 |
|
|
$ |
59,142,556 |
|
For the years ended March 31, 2012 and 2011, depreciation expense amounted to $3,672,224 and $4,591,402, respectively.
At March 31, 2012, construction in progress consisted primarily of Phase 2 construction of a research and development center and other ancillary facilities in Qingpu. At March 31, 2011, construction in progress consisted of Phase 1 construction of a research and development center and other ancillary facilities in Qingpu, and an office building, which is used as our corporate headquarters.
At March 31, 2012, the corporate headquarters office building was pledged to banks as a guarantee for a total of loans of $3,165,308 (RMB 20,000,000, see Note 12). The net book value of the building was $8,919,818. |
X |
- Details
Name: |
us-gaap_PropertyPlantAndEquipmentAbstract |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:stringItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- Definition
The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6360339&loc=d3e1361-107760
Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.13-14)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682
Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Principles Board Opinion (APB)
-Number 12
-Paragraph 5
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.
Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229
Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6391110&loc=d3e2921-110230
+ Details
Name: |
us-gaap_PropertyPlantAndEquipmentDisclosureTextBlock |
Namespace Prefix: |
us-gaap_ |
Data Type: |
nonnum:textBlockItemType |
Balance Type: |
na |
Period Type: |
duration |
|
|