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

LONG-TERM INVESTMENTS (Tables)

v3.7.0.1
LONG-TERM INVESTMENTS (Tables)
12 Months Ended
Mar. 31, 2017
LONG-TERM INVESTMENTS  
Schedule of long-term investments

 

 

 

March 31,

 

 

 

2016

 

2017

 

 

 

RMB

 

RMB

 

Equity method investments

 

48,747,486

 

8,893,440

 

Cost method investments

 

 

69,621,700

 

Available-for-sale investment

 

1,938,360

 

10,376,547

 

 

 

 

 

 

 

Total long-term investments

 

50,685,846

 

88,891,687

 

 

 

 

 

 

 

 

Schedule of equity method investments by investee and summarized financial information of the equity method investments

 

 

 

March 31,

 

 

 

2016

 

2017

 

 

 

RMB

 

RMB

 

Beijing Zhishang Education Technology Ltd.

 

7,701,753

 

2,740,234

 

Master Mind Education Company

 

27,534,547

 

 

Beijing Satech Internet Educational Technology Ltd.

 

4,520,146

 

 

Brilent Inc.

 

8,991,040

 

6,153,206

 

 

 

 

 

 

 

Total equity method investments

 

48,747,486

 

8,893,440

 

 

 

 

 

 

 

 

 

 

Zhishang

 

 

 

March 31,

 

 

 

2016

 

2017

 

 

 

RMB

 

RMB

 

Current assets

 

16,915,455

 

7,193,920

 

Non-current assets

 

1,519,523

 

1,107,731

 

Current liabilities

 

1,319,972

 

1,513,637

 

Non-controlling interests

 

 

698,605

 

Net assets attributable to Zhishang’s shareholders

 

17,115,006

 

6,089,409

 

 

 

 

Master Mind

 

Satech

 

 

 

March 31,

 

March 31,

 

 

 

2016

 

2017

 

2016

 

2017

 

 

 

RMB

 

RMB

 

RMB

 

RMB

 

Current assets

 

17,275,584

 

2,818,796

 

896,029

 

1,091,944

 

Non-current assets

 

421,415

 

342,833

 

166,704

 

142,408

 

Current liabilities

 

1,848,431

 

3,161,629

 

1,543,959

 

2,037,788

 

Equity

 

15,848,568

 

 

(481,226

)

(803,436

)

 

 

 

Zhishang

 

 

 

Year ended March 31,

 

 

 

2015

 

2016

 

2017

 

 

 

RMB

 

RMB

 

RMB

 

Net revenue

 

 

5,910

 

486,711

 

Cost and operating expenses

 

2,577,214

 

11,813,664

 

12,442,948

 

Loss before income taxes

 

(2,451,723

)

(10,433,271

)

(11,160,739

)

Net loss

 

(2,451,723

)

(10,433,271

)

(11,160,739

)

Net loss attributable to Zhishang’s shareholders

 

(2,451,723

)

(10,433,271

)

(11,025,597

)

 

 

 

Master Mind

 

Satech

 

 

 

Year ended March 31,

 

Year ended March 31,

 

 

 

2015

 

2016

 

2017

 

2015

 

2016

 

2017

 

 

 

RMB

 

RMB

 

RMB

 

RMB

 

RMB

 

RMB

 

Net revenue

 

143,100

 

592,961

 

609,837

 

 

9,674

 

326,188

 

Cost and operating expenses

 

2,824,687

 

13,662,672

 

17,350,165

 

1,056,987

 

8,367,416

 

10,716,073

 

Loss before income taxes

 

(2,675,180

)

(13,012,346

)

(15,848,568

)

(1,053,332

)

(8,345,933

)

(10,380,733

)

Net loss

 

(2,675,180

)

(13,012,346

)

(15,848,568

)

(1,053,332

)

(8,345,933

)

(10,380,733

)

 

Schedule of cost method investments by investee

 

 

 

March 31,

 

 

 

2016

 

2017

 

 

 

RMB

 

RMB

 

Beijing Empower Education Online Co., Ltd.

 

 

32,500,000

 

Medicine (Beijing) Education Technology Ltd.

 

 

5,100,000

 

ApplySquare Education & Technology Co., Ltd.

 

 

19,721,700

 

Beijing GlobalWisdom Information Technology Co., Ltd.

 

 

12,300,000

 

Total cost method investments

 

 

69,621,700

 

 

Schedule of reconciliation of available-for-sale securities from cost basis to fair value

 

 

 

 

 

 

 

 

 

Foreign

 

 

 

 

 

Aggregate

 

 

 

Unrealized

 

currency

 

Aggregate

 

 

 

cost

 

Interest

 

holding

 

translation

 

fair

 

 

 

basis

 

income

 

loss

 

adjustment

 

value

 

 

 

RMB

 

RMB

 

RMB

 

RMB

 

RMB

 

Convertible note

 

9,895,800

 

568,320

 

(553,870

)

466,297

 

10,376,547