GOODWILL AND OTHER INTANGIBLE ASSETS (Details)
|
12 Months Ended | |||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|
Mar. 31, 2014
USD ($)
|
Mar. 31, 2014
CNY
|
Mar. 31, 2013
CNY
|
Mar. 31, 2012
CNY
|
Mar. 31, 2014
ETS TOEIC license
CNY
|
Mar. 31, 2013
ETS TOEIC license
CNY
|
Mar. 31, 2014
Customer relationships
CNY
|
Mar. 31, 2013
Customer relationships
CNY
|
Mar. 31, 2014
Training platform
CNY
|
Mar. 31, 2014
Contracts in progress
CNY
|
Oct. 31, 2013
Contracts in progress
CNY
|
Mar. 31, 2014
Contracts in progress
Upon completion of the remaining contracts
CNY
|
|
Change in the carrying amount of goodwill | ||||||||||||
Balance at beginning of the year | 23,422,850 | |||||||||||
Acquisition of Xing Wei Group | 7,589,052 | |||||||||||
Balance at end of the year | 4,988,724 | 31,011,902 | 23,422,850 | |||||||||
Changes in the carrying amount of goodwill | 0 | 0 | ||||||||||
Intangible assets | ||||||||||||
Gross carrying amount | 27,074,786 | 25,426,706 | 24,126,706 | 24,126,706 | 1,300,000 | 1,300,000 | 422,700 | 1,225,380 | ||||
Accumulated amortization/deduction | (13,272,394) | (10,343,832) | (12,117,249) | (9,901,334) | (550,833) | (442,498) | (35,225) | (569,087) | ||||
Impairment | (1,931,899) | (12,009,457) | (12,009,457) | |||||||||
Net carrying amount | 1,792,935 | 15,082,874 | 14,225,372 | 749,167 | 857,502 | 387,475 | 656,293 | |||||
Weighted Average Amortization Period | 10 years | 10 years | 12 years | 12 years | 5 years | |||||||
Billing amount of contract | 735,000 | 1,911,000 | ||||||||||
Amortization expenses | 2,359,475 | 2,514,392 | 2,758,838 | |||||||||
Estimated amortization expense | ||||||||||||
2015 | 192,873 | |||||||||||
2016 | 192,873 | |||||||||||
2017 | 192,873 | |||||||||||
2018 | 192,873 | |||||||||||
2019 | 157,648 |