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Consolidated Balance Sheets (USD $)
Mar. 31, 2014
Dec. 31, 2013
CURRENT ASSETS:    
Cash and cash equivalents $ 2,001,106 $ 1,114,873
Restricted cash 405,719 687,353
Notes receivable 76,275 703,718
Accounts receivable, net of allowance for doubtful accounts 13,679,677 15,234,863
Inventories, net of reserve for obsolete inventories 6,106,615 4,733,558
Advances to suppliers 611,547 695,254
Prepaid VAT on purchases 118,415 489,302
Deferred tax assets - current portion 251,057 253,173
Prepaid expenses and other 86,958 74,030
Total Current Assets 23,337,369 23,986,124
PROPERTY AND EQUIPMENT - net 71,166,982 70,595,138
OTHER ASSETS:    
Deferred tax assets - net of current portion 1,212,001 1,222,216
Equipment held for operating lease 4,711,496 4,751,206
Land use rights, net 3,730,424 3,786,051
Total Assets 104,158,272 104,340,735
CURRENT LIABILITIES:    
Short-term bank loans 3,083,465 3,109,453
Bank acceptance notes payable 405,719 687,353
Accounts payable 4,591,665 4,961,555
Accrued expenses 469,834 899,816
Advances from customers 1,124,627 1,455,740
VAT and service taxes payable 73,457 126,349
Income taxes payable 1,318,069 1,623,603
Total Current Liabilities 11,066,836 12,863,869
Total Liabilities 11,066,836 12,863,869
STOCKHOLDERS' EQUITY:    
Preferred stock ($0.001 par value; 10,000,000 shares authorized; 0 share issued and outstanding at March 31, 2014 and December 31, 2013, respectively)      
Common stock ($0.001 par value; 50,000,000 shares authorized; 3,503,502 and 3,503,502 shares issued and outstanding at March 31,2014 and December 31, 2013, respectively 3,503 3,503
Additional paid-in capital 31,532,308 31,532,308
Retained earnings 48,601,672 46,322,329
Statutory reserve 2,861,735 2,744,720
Accumulated other comprehensive gain - foreign currency translation adjustment 10,092,218 10,874,006
Total Stockholders' Equity 93,091,436 91,476,866
Total Liabilities and Stockholders' Equity $ 104,158,272 $ 104,340,735