SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 6) |
12 Months Ended | |||||
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Mar. 31, 2016
USD ($)
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Mar. 31, 2016
CNY (¥)
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Mar. 31, 2015
CNY (¥)
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Mar. 31, 2014
CNY (¥)
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Mar. 31, 2016
CNY (¥)
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May 19, 2015
CNY (¥)
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Assets and liabilities | ||||||
Accounts receivable, net | $ 7,839,956 | ¥ 48,150,046 | ¥ 50,552,034 | |||
Prepayment and other current assets | 1,850,534 | 24,505,249 | 11,932,244 | |||
Amounts due from related parties | 1,550,868 | 10,000,000 | ||||
Total current assets | 49,651,367 | 312,950,666 | 320,152,015 | |||
Equity method investments | 35,729,848 | 48,747,486 | ||||
Property and equipment, net | 8,875,578 | 62,720,375 | 57,229,727 | |||
Other assets | 1,648,689 | 11,887,740 | 10,630,745 | |||
Total assets | 72,962,334 | 455,244,300 | 470,461,130 | |||
Accrued expenses and other payables | 8,954,657 | 54,415,425 | 57,739,627 | |||
Deferred revenues | 2,576,328 | 21,742,735 | 16,612,164 | |||
Total current liabilities and total liabilities | 11,822,354 | 77,921,892 | ¥ 76,230,542 | |||
Net revenue and net income (loss) | ||||||
Net revenue | 64,692,923 | ¥ 417,139,969 | 350,157,824 | ¥ 384,668,378 | ||
Net income | 4,040,197 | 26,051,187 | 23,055,720 | 27,276,435 | ||
Cash flows | ||||||
Net cash provided by operating activities | 10,003,840 | 64,504,771 | 45,852,235 | 37,343,760 | ||
Net cash used in investing activities | (5,707,422) | (36,801,464) | (52,759,443) | (13,959,185) | ||
Net cash used in financing activities | $ (3,149,873) | ¥ (20,310,382) | (63,660,710) | (700,409) | ||
VIE | ||||||
Assets and liabilities | ||||||
Cash | 18,397,974 | |||||
Accounts receivable, net | 23,145,899 | |||||
Prepayment and other current assets | 5,228,560 | |||||
Amounts due from related parties | 25,159 | |||||
Total current assets | 46,797,592 | |||||
Equity method investments | 35,729,848 | |||||
Property and equipment, net | 562,021 | |||||
Other assets | 8,171,895 | |||||
Total assets | 91,261,356 | |||||
Accrued expenses and other payables | 15,011,489 | |||||
Amounts due to related parties | 19,436,997 | |||||
Deferred revenues | 731,490 | |||||
Total current liabilities and total liabilities | 35,179,976 | |||||
Net revenue and net income (loss) | ||||||
Net revenue | 154,454,044 | 100,204,186 | ||||
Net income | 21,951,065 | 13,224,130 | ||||
Cash flows | ||||||
Net cash provided by operating activities | 22,655,696 | 21,829,320 | ||||
Net cash used in investing activities | ¥ (37,956,001) | ¥ (249,904) | ||||
Assets pledged or collateralized | ¥ 0 |
X | ||||||||||
- References No definition available.
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- References No definition available.
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X | ||||||||||
- Definition Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Carrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. 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. Includes other kinds of accounts that have the general characteristics of demand deposits. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The carrying amount of consideration received or receivable as of the balance sheet date on potential earnings that were not recognized as revenue in conformity with GAAP, and which are expected to be recognized as such within one year or the normal operating cycle, if longer, including sales, license fees, and royalties, but excluding interest income. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The aggregate amount of receivables to be collected from related parties where one party can exercise control or significant influence over another party; including affiliates, owners or officers and their immediate families, pension trusts, and so forth, at the financial statement date. which are usually due within one year (or one business cycle). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Carrying amount as of the balance sheet date of obligations due all related parties. For classified balance sheets, represents the current portion of such liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition This item represents the carrying amount on the entity's balance sheet of its investment in common stock of an equity method investee. This is not an indicator of the fair value of the investment, rather it is the initial cost adjusted for the entity's share of earnings and losses of the investee, adjusted for any distributions (dividends) and other than temporary impairment (OTTI) losses recognized. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of cash inflow (outflow) of financing activities, excluding discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of cash inflow (outflow) of investing activities, excluding discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of cash inflow (outflow) from operating activities, excluding discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Aggregate carrying amount, as of the balance sheet date, of noncurrent assets not separately disclosed in the balance sheet. Noncurrent assets are expected to be realized or consumed after one year (or the normal operating cycle, if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The carrying amount, as of the date of the latest financial statement presented, of all assets that are pledged as collateral for the payment of the related debt obligation primarily arising from secured borrowings, repurchase agreements or other current or potential obligations, where the secured party does not have the right by contract or custom to sell or re-pledge the collateral and therefore are not reclassified and separately reported in the statement of financial position. 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. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Total revenue from sale of goods and services rendered during the reporting period, in the normal course of business, reduced by sales returns and allowances, and sales discounts. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- References No definition available.
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- Details
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