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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Cash Flows from Operating Activities:    
Net income. $ 4,566,277 $ 10,172,692
Depreciation and amortization 729,167 890,895
Stock based compensation 141,721 81,965
Bad debt expense (benefit). 553,237 (109,276)
Deferred income taxes (55,634) 16,391
Derivative gain. 0 (934,260)
Changes in assets and liabilities:    
Trade accounts receivable (3,756,396) (2,632,631)
Other receivables (26,505) (15,559)
Advances to suppliers. 1,873,778 110,882
Inventory. (4,552,918) (3,086,326)
Trade accounts payable. 1,768,420 (2,204,755)
Accrued expenses. 46,311 266,666
Accrued taxes payable. 161,533 905,113
Other payables. 46,552 (8,947)
Advances from customers. 398,842 154,239
Net Cash Provided by Operating Activities 1,894,385 3,607,089
Cash Flows from Investing Activities:    
Net investment in banker's acceptances 0 (234,921)
Advances for purchases of property and equipment and intangible assets (1,270,399) (2,434,004)
Purchase of property and equipment (67,722) (223,769)
Net Cash Used in Investing Activities (1,338,121) (2,892,694)
Cash Flows from Financing Activity:    
Proceeds from related party loan 293,004 187,919
Net Cash Provided by Financing Activity 293,004 187,919
Effect of Exchange Rate Changes on Cash (28,571) 93,257
Net Increase in Cash and Cash Equivalents 820,697 995,571
Cash and Cash Equivalents at Beginning of Period 4,050,854 3,692,086
Cash and Cash Equivalents at End of Period 4,871,551 4,687,657
Supplemental Cash Flow Information:    
Cash paid for interest 151,667 118,347
Cash paid for income taxes 588,661 617,544
Supplemental Noncash Investing and Financing Activities:    
Accounts payable for purchases of property and equipment 144,153 145,777
Accounts receivable collected with bankers acceptances 2,026,928 0
Advances to suppliers paid with bankers acceptances 402,338 0
Inventory purchased with banker's acceptances $ 1,248,820 $ 0