CHANGE IN FISCAL YEAR END (Details) |
9 Months Ended | 12 Months Ended | |||
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Dec. 31, 2017
CNY (¥)
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Dec. 31, 2018
USD ($)
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Dec. 31, 2018
CNY (¥)
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Dec. 31, 2017
CNY (¥)
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Mar. 31, 2017
CNY (¥)
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CHANGE IN FISCAL YEAR END | |||||
Net revenues | ¥ 5,185,822 | $ 194,690 | ¥ 1,338,592 | ¥ 7,389,371 | ¥ 8,831,390 |
Cost of revenues | 3,785,865 | 618,348 | 4,251,451 | 4,957,647 | 4,407,274 |
Gross profit (loss) | 1,399,957 | (423,658) | (2,912,859) | 2,431,724 | 4,424,116 |
Operating expenses | 60,087,962 | 9,988,002 | 68,672,509 | 74,104,081 | 61,228,551 |
Other operating income, net | 551,730 | 3,793,418 | |||
Loss from continuing operations | (58,688,005) | (9,859,930) | (67,791,950) | (71,672,357) | (56,804,435) |
Other loss, net | (261,524) | (16,427,003) | |||
Loss from continuing operations before income taxes | (74,912,949) | (9,897,967) | (68,053,474) | (88,099,360) | (58,222,793) |
Income tax benefit | (2,109,096) | (591,290) | 1,517,806 | ||
Loss from continuing operations, net of income taxes | (72,803,853) | (9,897,967) | (68,053,474) | (87,508,070) | (59,740,599) |
Income from discontinued operations, net of income taxes | 100,640,933 | 133,612,825 | 918,654,979 | 61,431,845 | 49,771,192 |
Net income (loss) | ¥ 27,837,080 | $ 123,714,858 | ¥ 850,601,505 | ¥ (26,076,225) | ¥ (9,969,407) |
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- References No definition available.
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- Definition The aggregate cost of goods produced and sold and services rendered during the reporting period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Aggregate revenue less cost of goods and services sold or operating expenses directly attributable to the revenue generation activity. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount after tax of income (loss) from continuing operations including portion attributable to the noncontrolling interest. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount after tax of income (loss) from a discontinued operation including the portion attributable to the noncontrolling interest. Includes, but is not limited to, the income (loss) from operations during the phase-out period, gain (loss) on disposal, gain (loss) for reversal of write-down (write-down) to fair value, less cost to sell, and adjustments to a prior period gain (loss) on disposal. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense. No definition available.
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- Definition The net result for the period of deducting operating expenses from operating revenues. No definition available.
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- Definition Amount of income (expense) related to nonoperating activities, classified as other. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The total amount of other operating income, the components of which are not separately disclosed on the income statement, from items that are associated with the entity's normal revenue producing operation. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount, excluding tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value added and excise. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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