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

INCOME TAXES (Details 4)

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INCOME TAXES (Details 4)
Mar. 31, 2013
USD ($)
Mar. 31, 2013
CNY
Mar. 31, 2012
CNY
Deferred income tax assets:      
Tax loss carryforwards   2,876,488 479,411
Property and equipment, net   1,709,276 1,859,136
Allowance for doubtful accounts   1,592,868 912,399
Write-down of inventories   317,163 579,644
Accrued expenses and other payables   3,796,164 4,021,629
Total gross deferred income tax assets   10,291,959 7,852,219
Less: valuation allowance   (921,751) (1,657,524)
Net deferred income tax assets   9,370,208 6,194,695
Intangible assets acquired in JDX acquisition:      
Customer relationships   195,452 241,494
Total gross deferred income tax liabilities   195,452 241,494
Net deferred income tax assets   9,174,756 5,953,201
Deferred income tax assets      
Current deferred income tax assets, included in prepaid expenses and other current assets   7,524,161 4,233,996
Non-current deferred income tax assets, included in other assets   1,709,276 1,859,136
Non-current deferred income tax liabilities (9,448) (58,681) (139,931)
Net deferred income tax assets   9,174,756 5,953,201