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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (USD $)
Sep. 30, 2011
Dec. 31, 2010
Cash and cash equivalents$ 4,852,740$ 3,692,086
Banker's acceptances132,170 
Trade accounts receivable, less allowance for doubtful accounts of $3,221,726 and $3,317,017, respectively68,715,90961,947,737
Other receivables, less allowance for doubtful accounts of $39,070 and $15,669, respectively64,03765,019
Advances to suppliers5,265,6505,311,896
Inventory26,621,90220,388,935
Deferred tax assets518,906528,684
Total Current Assets106,171,31491,934,357
Advances for purchases of property and equipment and intangible assets6,133,6554,395,331
Property and equipment, net of accumulated depreciation of $3,436,182 and $2,695,840, respectively6,209,6186,372,487
Intangible assets, net of accumulated amortization of $4,974,907 and $2,342,081, respectively30,330,50529,048,766
Long-term deferred tax assets274,157 
TOTAL ASSETS149,119,249131,750,941
Trade accounts payable3,121,8054,937,781
Accrued expenses136,68498,206
Accrued taxes payable3,295,0152,386,019
Other payables413,69692,077
Advances from customers1,667,8481,208,988
Other payables - related parties651,563303,644
Short-term notes payable3,913,2633,781,119
Total Current Liabilities13,199,87412,807,834
Long-term deferred tax liability 71,673
Derivative warrant liability 934,260
Total Liabilities13,199,87413,813,767
Preferred stock, $0.001 par value; 5,000,000 shares authorized; no shares issued or outstanding  
Common stock, $0.001 par value; 95,000,000 shares authorized; 43,529,557 shares and 43,404,557 shares outstanding, respectively43,53043,405
Additional paid-in capital23,391,42523,252,476
Retained earnings98,481,50185,017,024
Accumulated other comprehensive income14,002,9199,624,269
Total Stockholders' Equity135,919,375117,937,174
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY$ 149,119,249$ 131,750,941