ACQUISITION (Details) |
1 Months Ended | 7 Months Ended | |||||
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Sep. 12, 2016
CNY (¥)
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Sep. 30, 2016
CNY (¥)
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Mar. 31, 2017
CNY (¥)
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Mar. 31, 2017
USD ($)
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Mar. 31, 2017
CNY (¥)
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Mar. 31, 2016
CNY (¥)
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Mar. 31, 2015
CNY (¥)
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| Fair value of identifiable assets acquired and liabilities assumed: | |||||||
| Goodwill | $ 4,725,125 | ¥ 32,523,983 | ¥ 31,011,902 | ¥ 31,011,902 | |||
| Puhua Technology | |||||||
| Acquisition | |||||||
| Percentage of equity interest acquired | 60.00% | 60.00% | |||||
| Cash consideration | ¥ 2,000,000 | ¥ 2,000,000 | |||||
| Net revenue contributed to the Company | ¥ 71,349 | ||||||
| Net loss contributed to the Company | ¥ 633,513 | ||||||
| Fair value of consideration transferred: | |||||||
| Cash paid | 2,000,000 | ||||||
| Fair value of non-controlling interests | 1,333,333 | ||||||
| Fair value of identifiable assets acquired and liabilities assumed: | |||||||
| Cash | 2,411,583 | ||||||
| Other receivables and prepayments | 746,009 | ||||||
| Other non-current assets | 16,848 | ||||||
| Total assets acquired | 3,174,440 | ||||||
| Other liabilities | (1,353,188) | ||||||
| Amount of identifiable net assets | 1,821,252 | ||||||
| Goodwill | ¥ 1,512,081 | ||||||
| X | ||||||||||
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
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- Definition Percentage of voting equity interests acquired at the acquisition date in the business combination. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition This element represents the fair value of the noncontrolling interest in the acquiree at the acquisition date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of consideration transferred, consisting of acquisition-date fair value of assets transferred by the acquirer, liabilities incurred by the acquirer, and equity interest issued by the acquirer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- References No definition available.
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- Definition This element represents the amount of earnings or loss of the acquiree since the acquisition date included in the consolidated income statement for the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition This element represents the amount of revenue of the acquiree since the acquisition date included in the consolidated income statement for the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of assets acquired at the acquisition date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of currency on hand as well as demand deposits with banks or financial institutions, acquired at the acquisition date. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of asset related to consideration paid in advance for costs that provide economic benefits in future periods, and amount of other assets that are expected to be realized or consumed within one year or the normal operating cycle, if longer, acquired at the acquisition date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of liabilities assumed at the acquisition date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount recognized as of the acquisition date for the identifiable assets acquired in excess of (less than) the aggregate liabilities assumed. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- References No definition available.
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- Definition Amount of other assets expected to be realized or consumed after one year or the normal operating cycle, if longer, acquired at the acquisition date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount after accumulated impairment loss of an asset representing future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The cash outflow associated with the acquisition of business during the period. The cash portion only of the acquisition price. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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