Consolidated Balance sheets - USD ($)	Mar. 31, 2021	Mar. 31, 2020
CURRENT ASSETS
Cash and cash equivalents	$ 22,045,628	$ 16,176,318
Restricted cash	12,627,016	14,806,288
Financial assets available for sale	91,472	157,159
Notes receivable	39,392	57,005
Trade accounts receivable	13,423,728	9,770,656
Inventories	16,972,965	12,247,004
Other receivables, net	5,051,960	5,069,442
Advances to suppliers	421,963	1,174,800
Other current assets	1,560,119	1,528,540
Total current assets	72,234,243	60,987,212
PROPERTY AND EQUIPMENT, net	6,549,035	7,633,740
OTHER ASSETS
Long-term investment	3,981,986	2,544,451
Farmland assets	835,427	742,347
Long term deposits	1,546,764	1,456,384
Other noncurrent assets	856,391	1,046,763
Operating lease right-of-use assets	16,778,729	21,711,376
Intangible assets, net	3,528,056	3,393,960
Total other assets	27,527,353	30,895,281
Total assets	106,310,631	99,516,233
CURRENT LIABILITIES
Short-term bank loan	762,270	1,410,130
Accounts payable, trade	29,895,830	21,559,494
Notes payable	25,663,633	26,605,971
Other payables	2,940,000	2,522,330
Other payables - related parties	445,305	490,218
Customer deposits	1,146,247	708,140
Taxes payable	197,733	119,247
Accrued liabilities	501,111	753,612
Long-term loan payable-current portion	2,557,634	2,287,742
Current portion of operating lease liabilities	788,171	981,090
Total current liabilities	64,897,934	57,437,974
Long-term loan payable	1,892,269	4,115,958
Long term operating lease liabilities	15,118,083	19,049,575
Employee Deposits		70,507
Purchase option and warrants liability		64,090
Total liabilities	81,908,286	80,738,104
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS’ EQUITY
Common stock; $0.001 par value; 250,000,000 shares authorized; 41,751,790 and 32,936,786 shares issued and outstanding as of March 31, 2021 and March 31, 2020	41,752	32,937
Preferred stock; $0.001 par value; 10,000,000 shares authorized; nil issued and outstanding as of March 31, 2021 and March 31, 2020
Additional paid-in capital	66,516,033	54,209,301
Statutory reserves	1,309,109	1,309,109
Accumulated deficit	(44,942,374)	(36,400,837)
Accumulated other comprehensive income	2,818,185	1,440,424
Total stockholders’ equity	25,742,705	20,590,934
Noncontrolling interests	(1,340,360)	(1,812,805)
Total equity	24,402,345	18,778,129
Total liabilities and stockholders’ equity	$ 106,310,631	$ 99,516,233

CHINA JO-JO DRUGSTORES, INC. 10-K