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

DESCRIPTION OF BUSINESS, ORGANIZATION AND SIGNIFICANT CONCENTRATIONS AND RISKS (Tables)

v3.7.0.1
DESCRIPTION OF BUSINESS, ORGANIZATION AND SIGNIFICANT CONCENTRATIONS AND RISKS (Tables)
12 Months Ended
Mar. 31, 2017
Net revenues | Customer concentration risk  
Significant Concentrations and Risks  
Schedule of significant concentrations and risks

 

 

 

Year Ended March 31,

 

 

 

2015

 

2016

 

2017

 

 

 

RMB

 

%

 

RMB

 

%

 

RMB

 

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

The Chinese Institute of Certified Public Accountants

 

64,944,327

 

18.5

%

76,485,306

 

18.3

%

90,455,936

 

19.1

%

Asset Management Association of China

 

 

 

23,183,787

 

5.6

%

87,661,832

 

18.6

%

China Banking Association

 

64,169,577

 

18.3

%

61,190,087

 

14.7

%

55,521,062

 

11.8

%

Securities Association of China

 

66,847,350

 

19.1

%

67,045,689

 

16.1

%

 

 

 

Accounts receivable | Credit concentration risk, customers or financial institutions  
Significant Concentrations and Risks  
Schedule of significant concentrations and risks

 

 

 

March 31,

 

 

 

2016

 

2017

 

 

 

RMB

 

%

 

RMB

 

%

 

Asset Management Association of China

 

13,243,230

 

26.2

%

10,836,559

 

19.3

%

The Chinese Institute of Certified Public Accountants

 

6,069,096

 

12.0

%

450,712

 

0.8

%

 

Cash, cash equivalents and restricted cash | Credit concentration risk, customers or financial institutions  
Significant Concentrations and Risks  
Schedule of significant concentrations and risks

 

 

 

March 31,

 

 

 

2016

 

2017

 

 

 

RMB

 

RMB

 

Financial institutions in the mainland of the PRC

 

 

 

 

 

— Denominated in Renminbi (“RMB”)

 

236,843,121

 

251,487,461

 

— Denominated in U.S. Dollar (“USD”)

 

723

 

723

 

 

 

 

 

 

 

 

 

 

 

 

 

Total cash, cash equivalents and restricted cash balances held at mainland PRC financial institutions

 

236,843,844

 

251,488,184

 

 

 

 

 

 

 

 

 

 

 

 

 

Financial institutions in Hong Kong Special Administrative Region (“HKSAR”) of the PRC

 

 

 

 

 

— Denominated in RMB

 

 

1

 

— Denominated in Hong Kong Dollar

 

20,873

 

263,216

 

— Denominated in USD

 

10,502,056

 

697,012

 

— Denominated in Great Britain Pound

 

300,964

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total cash balances held at HKSAR financial institutions

 

10,823,893

 

960,229

 

 

 

 

 

 

 

 

 

 

 

 

 

Total cash, cash equivalents and restricted cash balances held at financial institutions

 

247,667,737

 

252,448,413