XML 46 R17.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONCENTRATIONS
12 Months Ended
Dec. 31, 2012
Notes to Financial Statements  
Note 11. CONCENTRATIONS

The Company did not have concentrations of customers constituting more than 10% of our sales in 2012 and 2011, respectively.

      

   

Years Ended

December 31,

 
    2012     2011  
Sales            
-  Shaanxi Jiedong Commerce Co., Ltd.     7.22 %     6.0 %
-  Shaanxi Zhongdian Import and Export Co., Ltd.     7.78 %     5.1 %
                 
Accounts Receivable                
-  Shaanxi Jiedong Commerce Co., Ltd.     6.6 %     9.3 %
-  Shaanxi Zhongdian Import and Export Co., Ltd.     7.3 %     7.8 %

 

Sales to our five largest customers accounted for approximately 29% and 21% of our net sales during the years ended December 31, 2012 and 2011, respectively.

 

The Company changed its packing glass bottle supplier in 2011.  The largest packing glass bottle supplier for our fruit beverages accounted for 14% and 13% of our total purchases in 2012 and 2011, respectively.   Except the packing glass bottle supplier, we did not have concentrations of business with other vendors constituting more than 10% of the Company’s total purchases in 2012 and 2011.