PROPERTY AND EQUIPMENT, NET (Tables)

9 Months Ended

Jul. 31, 2012

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment [Table Text Block]

Property and equipment and related accumulated depreciation as of July 31, 2012 and October 31, 2011 were as follows:

	July 31, 2012			October 31, 2011
	US$			US$
Machinery and equipment		3,739,492			3,710,282
Office Building		2,829,699			-
Office equipment and furnishings		66,874			66,352
Motor vehicles		57,206			56,759
Total:		6,693,271			3,833,393
Less: Accumulated depreciation		(2,438,296	)		(2,054,409	)
Net book value		4,254,975			1,778,984

Schedule Of Depreciation Expense Incurred And Recognized For Property Plants Equipment Table [Text Block]

The depreciation expense incurred and recognized on our condensed consolidated statements of income and comprehensive income during the three and nine months ended July 31, 2012 and 2011 were as follow:

	For the three months ended July 31,
	2012		2011
	US$		US$
Depreciation expenses in general and administrative		75,251		5,365
Depreciation expenses in cost of goods sold		94,418		92,283
Total depreciation expenses		169,669		97,648

	For the nine months ended July 31,
	2012		2011
	US$		US$
Depreciation expenses in general and administrative		84,185		12,899
Depreciation expenses in cost of goods sold		282,988		273,480
Total depreciation expenses		367,173		286,379