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Consolidated Statements of Equity - USD ($)
$ in Thousands
Common Stock
Additional paid-in capital
Retained Earnings, Unrestricted
Retained Earnings, Statutory reserve
Accumulated other Comprehensive income
Amounts due from related party
Total equity attributable to stockholders of the Company
Non-controlling Interest
Total
Balance at Dec. 31, 2016 $ 15 $ 3,602 $ 83,423 $ 17,107 $ (3,297) $ (15,936) $ 84,914 $ (612) $ 84,302
Balance, shares at Dec. 31, 2016 14,787,940                
Stock issued for compensation $ 8 18         18   18
Stock issued for compensation, shares 8,052                
Net income (loss)     12,459       12,459 (394) 12,065
Transfer to reserve     (687) 687          
Net cash paid to related party under counter guarantee agreement           487 487   487
Foreign currency translation gain (loss)         5,882   5,882 (56) 5,826
Balance at Dec. 31, 2017 $ 15 3,620 95,195 17,794 2,585 (15,449) 103,760 (1,062) 102,698
Balance, shares at Dec. 31, 2017 14,795,992                
Stock issued for compensation $ 2 7         7   7
Stock issued for compensation, shares 2,206                
Net income (loss)     12,008       12,008 (568) 11,440
Transfer to reserve     (1,289) 1,289          
Net cash paid to related party under counter guarantee agreement           5,095 5,095   5,095
Foreign currency translation gain (loss)         (6,163)   (6,163) 79 (6,084)
Balance at Dec. 31, 2018 $ 15 $ 3,627 $ 105,914 $ 19,083 $ (3,578) $ (10,354) $ 114,707 $ (1,551) $ 113,156
Balance, shares at Dec. 31, 2018 14,798,198