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

EARNINGS PER COMMON SHARE (Details)

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EARNINGS PER COMMON SHARE (Details)
12 Months Ended
Mar. 31, 2013
USD ($)
Mar. 31, 2013
CNY
Mar. 31, 2012
CNY
Mar. 31, 2011
CNY
Numerator:        
Net earnings $ 3,736,716 23,207,990 55,841,470 19,754,016
Less: Dividends paid to participating securities   (525,049) (1,476,269)  
Net earnings attributable to participating securities       (162,360)
Net earnings available to common shareholders   22,682,941 54,365,201 19,591,656
Denominator for basic earnings per share:        
Weighted average common shares outstanding 44,967,823 44,967,823 44,713,418 44,469,182
Plus: Incremental shares issuable upon exercise of share options 147,794 147,794 951,469  
Denominator for diluted earnings per share 45,115,617 45,115,617 45,664,887 44,469,182
Basic earnings per common share $ 0.08 0.50 1.22 0.44
Diluted earnings per common share $ 0.08 0.50 1.19 0.44
Shares issuable under share options 1,134,742 1,134,742 100,000 3,262,650