XML 34 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed interim consolidated balance sheets (USD $)
Dec. 31, 2011
Sep. 30, 2011
Current assets    
Cash and cash equivalents $ 5,874,778 $ 24,858,239
Pledged deposits 4,982,895 5,725,587
Trade accounts receivable, net 109,241,526 88,261,267
Inventories, net 55,493,017 67,140,968
Prepayments and other receivables 6,762,289 5,242,418
Deferred tax assets, net 3,987,419 6,000,450
Total current assets 186,341,924 197,228,929
Property, plant and equipment, net 240,351,919 243,238,114
Lease prepayments, net 32,883,679 32,730,707
Intangible assets, net 738,223 295,136
Deferred tax assets, net 1,731,500 1,749,045
Total assets 462,047,245 475,241,931
Current liabilities    
Short-term bank loans 130,889,802 139,706,153
Current maturities of long-term bank loans 7,929,460 23,495,136
Accounts and bills payable 119,801,246 118,423,415
Accrued expenses and other payables 25,890,005 20,975,742
Total current liabilities 284,510,513 302,600,446
Long-term bank loans, less current maturities 20,156,274 14,975,142
Other long-term loan 2,487,979 2,457,309
Deferred revenue 7,485,410 7,455,790
Other long-term payables 11,149,422 11,731,738
Deferred tax liabilities 756,997 747,666
Total liabilities 326,546,595 339,968,091
Commitments and contingencies 0 0
Shareholders' equity    
Common stock US$ 0.001 par value; 100,000,000 authorized; 63,816,276 issued and outstanding as of September 30, 2011 and December 31, 2011 63,817 63,817
Donated shares 14,101,689 14,101,689
Additional paid-in capital 126,390,949 126,135,472
Statutory reserves 7,786,157 7,645,303
Accumulated deficit (46,370,848) (44,410,240)
Accumulated other comprehensive income 37,595,496 35,804,409
Shareholder's equity before treasury stock 139,567,260 139,340,450
Less: Treasury shares (4,066,610) (4,066,610)
Total shareholders' equity 135,500,650 135,273,840
Total liabilities and shareholders' equity $ 462,047,245 $ 475,241,931