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Consolidated Balance Sheets (USD $)
Mar. 31, 2013
Dec. 31, 2012
CURRENT ASSETS:    
Cash and cash equivalents $ 1,151,418 $ 1,445,728
Restricted cash 955,171   
Notes receivable 221,843 88,029
Accounts receivable, net of allowance for doubtful accounts 9,470,017 10,078,623
Inventories, net of reserve for obsolete inventory 6,653,981 5,897,555
Advances to suppliers 1,341,777 593,104
Prepaid VAT on purchases 646,322 542,032
Prepaid expenses and other 417,300 428,326
Total Current Assets 20,857,829 19,073,397
PROPERTY AND EQUIPMENT - net 60,923,316 59,436,100
OTHER ASSETS:    
Deferred tax asset 554,921 551,890
Equipment held for sale 7,157,652 7,118,555
Land use rights, net 3,753,446 3,756,342
Total Assets 93,247,164 89,936,284
CURRENT LIABILITIES:    
Short-term bank loans 3,024,707 2,216,558
Bank acceptance notes payable 955,171   
Accounts payable 5,300,010 5,474,479
Accrued expenses 478,956 986,824
Capital lease obligation - current portion 255,125 251,413
Advances from customers 2,412,457 1,851,987
VAT and service taxes payable 96,560 206,527
Income taxes payable 633,748 822,082
Total Current Liabilities 13,156,734 11,809,870
OTHER LIABILITIES:    
Capital lease obligation - net of current portion 45,732 132,756
Total Liabilities 13,202,466 11,942,626
STOCKHOLDERS' EQUITY:    
Preferred stock ($0.001 par value; 10,000,000 shares authorized; 0 share issued and outstanding at March 31, 2013 and December 31, 2012)      
Common stock ($0.001 par value; 50,000,000 shares authorized; 2,894,586 shares issued and outstanding at March 31, 2013 and December 31, 2012) 2,894 2,894
Additional paid-in capital 28,987,128 28,987,128
Retained earnings 39,950,365 38,401,734
Statutory reserve 2,553,707 2,479,738
Accumulated other comprehensive gain - foreign currency translation adjustment 8,550,604 8,122,164
Total Stockholders' Equity 80,044,698 77,993,658
Total Liabilities and Stockholders' Equity $ 93,247,164 $ 89,936,284