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Consolidated Balance Sheets (USD $)
Sep. 30, 2012
Dec. 31, 2011
CURRENT ASSETS:    
Cash and cash equivalents $ 955,405 $ 1,152,607
Restricted cash    314,233
Notes receivable 165,772 53,420
Accounts receivable, net of allowance for doubtful accounts 10,533,490 7,087,958
Inventories, net of reserve for obsolete inventory 6,220,634 4,276,090
Advances to suppliers 847,216 219,347
Prepaid VAT on purchases 675,448 1,512,213
Prepaid expenses and other 179,826 110,670
Total Current Assets 19,577,791 14,726,538
PROPERTY AND EQUIPMENT - net 65,965,819 64,042,079
OTHER ASSETS:    
Land use rights, net 3,769,058 3,820,536
Total Assets 89,312,668 82,589,153
CURRENT LIABILITIES:    
Short-term bank loans 2,683,928 2,356,749
Bank acceptance notes payable    314,233
Accounts payable 6,329,876 4,997,109
Accrued expenses 725,423 771,597
Capital lease obligations- current portion 249,597 244,747
Advances from customers 1,840,352 1,166,942
Income taxes payable 884,003 592,202
Total Current Liabilities 12,713,179 10,443,579
OTHER LIABILITIES:    
Capital lease obligations - net of current portion 174,123 381,235
Total Liabilities 12,887,302 10,824,814
STOCKHOLDERS' EQUITY:    
Preferred stock $0.001 par value (30,000,000 shares authorized, all of which were designated as series A convertible preferred, 0 and 10,995,807 shares issued and outstanding at September 30, 2012 and December 31, 2011, respectively)    10,996
Common stock ($0.001 par value; 50,000,000 shares authorized; 2,667,017 and 2,101,849 shares issued and outstanding at September 30, 2012 and December 31, 2011, respectively) 2,667 2,102
Additional paid-in capital 28,089,776 27,489,600
Retained earnings 38,128,307 34,618,341
Statutory reserve 2,283,852 2,064,551
Accumulated other comprehensive gain - foreign currency translation adjustment 7,920,764 7,578,749
Total Stockholders' Equity 76,425,366 71,764,339
Total Liabilities and Stockholders' Equity $ 89,312,668 $ 82,589,153