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

DESCRIPTION OF BUSINESS, ORGANIZATION AND SIGNIFICANT CONCENTRATIONS AND RISKS (Tables)

v2.4.0.6
DESCRIPTION OF BUSINESS, ORGANIZATION AND SIGNIFICANT CONCENTRATIONS AND RISKS (Tables)
12 Months Ended
Mar. 31, 2013
Net revenues | Customer concentration risk
 
Significant Concentrations and Risks  
Schedule of significant concentrations and risks

Net revenues from customers that individually exceeded 10% of the Group’s net revenues are as follows:

 

 

 

Year Ended March 31,

 

 

 

2011

 

2012

 

2013

 

 

 

RMB

 

%

 

RMB

 

%

 

RMB

 

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Securities Association of China

 

115,742,065

 

38.1

%

 

131,404,013

 

37.3

%

 

84,244,267

 

23.0

%

 

China Banking Association

 

51,681,348

 

17.0

%

 

36,971,719

 

10.5

%

 

60,573,979

 

16.5

%

 

The Chinese Institute of Certified Public Accountants

 

 

 

 

 

 

 

54,255,662

 

14.8

%

 

Accounts receivable | Credit concentration risk, customers and financial institutions
 
Significant Concentrations and Risks  
Schedule of significant concentrations and risks

 

Accounts receivable, net from customers, that individually exceeded 10% of the Group’s accounts receivable are as follows:

 

 

 

March 31,

 

 

 

2012

 

2013

 

 

 

RMB

 

%

 

RMB

 

%

 

Securities Association of China

 

25,579,897

 

31.3

%

 

19,643,518

 

38.4

%

 

China Customs Education and Training Center

 

9,863,856

 

12.1

%

 

7,927,308

 

15.5

%

 

 

Cash | Concentration of balances held at financial institutions
 
Significant Concentrations and Risks  
Schedule of significant concentrations and risks

 

 

 

 

March 31,

 

 

 

2012

 

2013

 

 

 

RMB

 

RMB

 

Financial institutions in the mainland of the PRC

 

 

 

 

 

— Denominated in Renminbi (“RMB”)

 

208,631,163

 

248,284,360

 

— Denominated in United Stated Dollars (“USD”)

 

719

 

719

 

 

 

 

 

 

 

Total cash balances held at mainland PRC financial institutions

 

208,631,882

 

248,285,079

 

 

 

 

 

 

 

Financial institutions in HKSAR of the PRC

 

 

 

 

 

— Denominated in RMB

 

45,917,908

 

16,662,994

 

— Denominated in Hong Kong Dollar

 

437,435

 

3,172,392

 

— Denominated in USD

 

2,177,482

 

21,909,250

 

 

 

 

 

 

 

Total cash balances held at HKSAR financial institutions

 

48,532,825

 

41,744,636

 

 

 

 

 

 

 

Total cash balances held at financial institutions

 

257,164,707

 

290,029,715