Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 5)

v2.4.0.8
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 5)
12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended
Mar. 31, 2014
USD ($)
Mar. 31, 2014
CNY
Mar. 31, 2013
CNY
Mar. 31, 2012
CNY
Mar. 31, 2014
ATA Online
CNY
Mar. 31, 2013
ATA Online
CNY
Mar. 31, 2012
ATA Online
CNY
Mar. 31, 2014
Mr. Kevin Xiaofeng Ma
Mar. 31, 2014
ATA Online
Mar. 31, 2014
ATA Online
Loan on October 27, 2006
Mar. 31, 2014
ATA Online
Loan on July 7, 2009
Mar. 31, 2014
ATA Online
Technical support agreement and strategic consulting service agreement
CNY
Mar. 31, 2013
ATA Online
Technical support agreement and strategic consulting service agreement
CNY
Mar. 31, 2012
ATA Online
Technical support agreement and strategic consulting service agreement
CNY
Mar. 31, 2014
ATA Online
Technical support agreement
Mar. 31, 2014
ATA Online
Strategic consulting service agreement
Mar. 31, 2014
ATA Online
Call option and cooperation agreement
Mar. 31, 2014
ATA Online
Equity holders: Mr. Kevin Xiaofeng Ma and Mr. Walter Lin Wang
CNY
Mar. 31, 2014
ATA Online
Equity holders: Mr. Kevin Xiaofeng Ma and Mr. Walter Lin Wang
Loan agreements
CNY
Oct. 27, 2006
ATA Online
Equity holders: Mr. Kevin Xiaofeng Ma and Mr. Walter Lin Wang
Loan on October 27, 2006
CNY
Jul. 07, 2009
ATA Online
Equity holders: Mr. Kevin Xiaofeng Ma and Mr. Walter Lin Wang
Loan on July 7, 2009
CNY
Mar. 31, 2014
ATA Online
Equity holders: Mr. Kevin Xiaofeng Ma and Mr. Walter Lin Wang
Equity pledge agreement
Variable Interest Entity                                            
Legal ownership interest (as a percent)                 0.00%                          
Equity investment by co-founders in Variable Interest Entity                                   10,000,000        
Percentage of equity interest that can be acquired as per exclusive purchase option                 100.00%                          
Interest free loans to VIE's equity holders for the sole purpose of investing in VIE                                     10,000,000 1,000,000 9,000,000  
Term of agreement                             10 years 20 years     10 years      
Remaining term of agreement                   2 years 7 months 6 days 5 years 3 months 18 days       2 years 7 months 6 days 12 years 7 months 6 days           12 years 7 months 6 days
Automatic renewal term of the agreement                             1 year 1 year            
Notice period prior to expiration of agreement                             30 days 30 days 30 days          
Amount billed                       8,000,000 12,600,000 0                
Amount collected                       0 12,600,000 0                
Percentage of total common shares issued and outstanding held               11.30%                            
Assets and liabilities                                            
Cash         33,698,280 12,118,865                                
Accounts receivable, net 10,995,604 68,353,075 51,114,718   19,564,392 11,441,392                                
Prepayment and other current assets 2,427,880 15,092,674 13,625,663   1,455,916 3,395,536                                
Amounts due from related parties         3,815,811 29,562                                
Total current assets 64,039,130 398,092,847 354,770,096   58,534,399 26,985,355                                
Property and equipment, net 8,978,538 55,814,182 61,310,690   894,182 1,277,283                                
Total assets 79,022,702 491,236,724 457,818,481   59,428,581 28,262,638                                
Accrued expenses and other payables 11,062,052 68,766,143 72,191,260   14,280,824 5,058,492                                
Amounts due to related parties         9,708,450 1,804,678                                
Deferred revenues 1,348,582 8,383,327 7,376,527   1,308,993 493,284                                
Total liabilities 12,763,794 79,344,852 82,270,762   25,298,267 7,356,454                                
Net revenue and net income (loss)                                            
Net revenue 61,879,605 384,668,378 366,675,495 352,085,560 100,204,186 24,960,260 49,782,361                              
Net income (loss) 4,387,817 27,276,435 23,207,990 55,841,470 13,224,130 (10,495,582) 25,782,832                              
Cash flows                                            
Net cash provided by (used in) operating activities 6,007,296 37,343,760 67,777,743 59,352,866 21,829,320 (13,227,174) 16,468,040                              
Net cash used in investing activities (2,245,541) (13,959,185) (7,966,826) (5,347,008) (249,904) (1,128,140) (75,285)                              
Net cash used in financing activities (112,671) (700,409) (26,574,151) (61,967,086)     (6,255,300)                              
Assets pledged or collateralized         0