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Condensed Consolidated Balance Sheets (Unaudited) (USD $)
Jun. 30, 2013
Dec. 31, 2012
CURRENT ASSETS    
Cash and cash equivalents $ 16,136,753 $ 9,365,958
Accounts receivable 49,748,625 68,513,893
Inventories 56,697,298 46,038,456
Value added tax receivable 4,107,991 2,866,018
Other receivables and prepaid expenses 1,478,315 1,910,383
Advances on inventory purchases 5,313,877 3,596,860
Amounts due from related parties 2,405,039 8,680
Total Current Assets 135,887,898 132,300,248
LAND USE RIGHT, NET 2,823,135 2,801,472
PROPERTY AND EQUIPMENT, NET 17,352,513 16,068,735
TOTAL ASSETS 156,063,546 151,170,455
CURRENT LIABILITIES    
Bank loans 44,823,302 46,919,680
Payable to officers and employees    2,341,574
Accounts payable 41,120,018 49,700,392
Accounts payable and other payables - related parties 3,374,320 3,158,814
Other payables and accrued liabilities 10,839,202 10,547,190
Value added and other taxes payable 4,198,504 4,189,211
Income tax payable 581,282 952,652
Deferred tax liabilities 3,731,695 3,109,095
Derivative liability    294,000
Total Current Liabilities 108,668,323 121,212,608
COMMITMENTS AND CONTINGENCIES      
Stockholders' equity of the Company:    
Preferred stock ($.001 par value, authorized 5,000,000 shares, no shares issued and outstanding      
Common stock ($.001 par value, authorized 50,000,000 shares, 14,777,610 and 14,772,270 shares issued and outstanding as of June 30, 2013 and December 31, 2012, respectively 14,777 14,772
Additional paid-in capital 3,562,243 3,552,166
Retained earnings 52,588,291 46,774,001
Statutory reserve 6,317,715 6,317,715
Accumulated other comprehensive income 8,031,562 6,873,170
Amounts due from related party (23,119,365) (33,573,977)
Total Stockholders' Equity 47,395,223 29,957,847
TOTAL LIABILITIES AND EQUITY $ 156,063,546 $ 151,170,455