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

INCOME TAXES - Deferred Taxes (Details)

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INCOME TAXES - Deferred Taxes (Details)
Dec. 31, 2017
USD ($)
Dec. 31, 2017
CNY (¥)
Mar. 31, 2017
CNY (¥)
Mar. 31, 2016
CNY (¥)
Mar. 31, 2015
CNY (¥)
Deferred income tax assets:          
Tax loss carryforwards   ¥ 38,262,815 ¥ 28,887,161    
Share of losses of equity method investments   3,193,339 3,193,339    
Impairment loss of long-term investments   8,049,843 8,049,843    
Accrued expenses and other payables   5,375,538 4,292,260    
Property and equipment, net   552,743 276,921    
Funding support   335,815      
Total gross deferred income tax assets   55,770,093 44,699,524    
Less: valuation allowance   (53,555,854) (41,179,348) ¥ (20,028,588) ¥ (3,882,555)
Total deferred income tax assets, net   2,214,239 3,520,176    
Deferred income tax liabilities:          
Deferred tax liabilities, withholding tax related to distributable earnings   22,797,747 22,620,872    
Total gross deferred income tax liabilities   22,901,124 22,752,288    
Net deferred income tax assets   2,110,862 3,388,760    
Net deferred income tax liabilities $ 3,503,950 22,797,747 22,620,872    
Customer relationships          
Deferred income tax liabilities:          
Deferred tax liabilities, intangible assets acquired   85,764 97,952    
Training platform          
Deferred income tax liabilities:          
Deferred tax liabilities, intangible assets acquired   ¥ 17,613 ¥ 33,464