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CONSOLIDATED STATEMENTS OF CHANGE IN EQUITY - USD ($)
Total
Common stock [Member]
Additional paid-in capital [Member]
Statutory and other reserves [Member]
Retained earnings [Member]
Accumulated other comprehensive income [Member]
Non-controlling interest [Member]
Balance at Dec. 31, 2016 $ 45,296,737 $ 1,511 $ 11,580,934 $ 4,992,463 $ 29,266,068 $ (873,582) $ 329,343
Balance (in shares) at Dec. 31, 2016   15,114,991          
Proceeds from exercise of stock options 802,691 $ 30 802,661 0 0 0 0
Proceeds from exercise of stock options (in shares)   294,667          
Foreign currency translation adjustments 4,234,078 $ 0 0 0 0 4,196,024 38,054
Share-based compensation expenses 326,171 $ 10 326,161 0 0 0 0
Share-based compensation expenses (in shares)   100,000          
Transfer to statutory and other reserves 0 $ 0 0 1,705,747 (1,705,747) 0 0
Net income 17,213,896 0 0 0 16,772,852 0 441,044
Deconsolidation of a subsidiary (661,388) 0 0 (148,395) 148,395 147,053 (808,441)
Balance at Dec. 31, 2017 67,212,185 $ 1,551 12,709,756 6,549,815 44,481,568 3,469,495 0
Balance (in shares) at Dec. 31, 2017   15,509,658          
Shares issued for legal case settlement 212,500 $ 5 212,495 0 0 0 0
Shares issued for legal case settlement (in shares)   50,000          
Foreign currency translation adjustments (4,264,330) $ 0 0 0 0 (4,264,330) 0
Share-based compensation expenses 941,031 $ 0 941,031 0 0 0 0
Share-based compensation expenses (in shares)   0          
Transfer to statutory and other reserves 0 $ 0 0 1,462,237 (1,462,237) 0 0
Net income 13,154,581 0 0 0 13,154,581 0 0
Balance at Dec. 31, 2018 $ 77,255,967 $ 1,556 $ 13,863,282 $ 8,012,052 $ 56,173,912 $ (794,835) $ 0
Balance (in shares) at Dec. 31, 2018   15,559,658