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

Consolidated Statements of Comprehensive Income

v2.4.0.8
Consolidated Statements of Comprehensive Income
12 Months Ended
Mar. 31, 2014
USD ($)
Mar. 31, 2014
CNY
Mar. 31, 2013
CNY
Mar. 31, 2012
CNY
Consolidated Statements of Comprehensive Income        
Net revenues $ 61,879,605 384,668,378 366,675,495 352,085,560
Cost of revenues 30,319,855 188,480,346 188,831,873 158,818,041
Gross profit 31,559,750 196,188,032 177,843,622 193,267,519
Operating expenses:        
Research and development 4,451,660 27,673,298 21,846,305 18,402,166
Sales and marketing 7,602,354 47,259,273 49,394,470 46,345,286
General and administrative 11,518,824 71,605,616 70,449,357 61,683,088
Impairment of intangible assets 1,931,899 12,009,457    
Provision for (reversal of) doubtful accounts (601,350) (3,738,232) 9,140,062 2,350,990
Total operating expenses 24,903,387 154,809,412 150,830,194 128,781,530
Income from operations 6,656,363 41,378,620 27,013,428 64,485,989
Other income:        
Interest income 767,329 4,770,024 3,122,304 2,061,020
Foreign currency exchange gains (losses), net (7,915) (49,200) 77,240 3,633,543
Other income 172,520 1,072,453    
Total other income, net 931,934 5,793,277 3,199,544 5,694,563
Earnings before income taxes 7,588,297 47,171,897 30,212,972 70,180,552
Income tax expense 3,200,480 19,895,462 7,004,982 14,339,082
Net income 4,387,817 27,276,435 23,207,990 55,841,470
Other comprehensive income:        
Foreign currency translation adjustment, net of nil income taxes (123,348) (766,783) (374,747) (3,787,210)
Comprehensive income $ 4,264,469 26,509,652 22,833,243 52,054,260
Basic earnings per common share (in CNY and dollars per share) $ 0.10 0.59 0.50 1.22
Diluted earnings per common share (in CNY and dollars per share) $ 0.10 0.59 0.50 1.19