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UNAUDITED CONSOLIDATED BALANCE SHEETS - USD ($)
Sep. 30, 2015
Dec. 31, 2014
Current assets    
Cash and cash equivalents $ 31,145,108 $ 30,279,988
Restricted cash 14,262,450 4,195,114
Trade accounts receivable 41,142,978 58,806,466
Other receivables 12,670,630 8,183,485
Inventory 58,002,702 51,648,160
Advance to suppliers 33,473,757 42,479,437
Prepaid expenses and taxes 2,887,635 2,758,334
Security deposits and other assets 3,821,959 3,578,514
Total current assets 197,407,219 201,929,498
Non-current assets    
Investment 3,284,719 3,258,125
Property, plant and equipment, net 84,823,722 89,148,530
Construction in Progress, net 13,866,188 14,340,145
Intangible assets, net 16,652,212 17,537,868
Goodwill 9,955,983 10,327,553
TOTAL ASSETS 325,990,043 336,541,719
Current liabilities    
Short-term bank loans 36,839,015 41,645,100
Notes payable 3,053,465 6,005,430
Convertible promissory note 0 3,500,000
Long-term debt - current portion 34,925,487 19,226,094
Accounts payable 18,680,167 10,071,009
Taxes payable 3,511,059 4,320,470
Accrued liabilities and other payables 5,655,640 4,153,054
Related party payable 1,809,493 2,433,300
Deferred tax liabilities 19,204 70,545
Customers deposits 412,954 61,428
Capital lease - current portion 465,916 0
Total current liabilities 105,372,400 91,486,430
Long-term liabilities    
Long-term bank loans 567,112 2,707,587
Notes payable and debenture 11,009,160 32,581,249
Capital lease 831,595 0
TOTAL LIABILITIES 117,780,267 126,775,266
COMMITMENTS AND CONTINGENCIES 0 0
STOCKHOLDERS' EQUITY    
Preferred Stock, $0.001 par value, 5,000,000 shares authorized; 0 shares issued and outstanding at September 30, 2015 and December 31, 2014, respectively 0 0
Common Stock, $0.001 par value, 200,000,000 shares authorized; 38,259,490 shares and 34,916,714 shares issued and outstanding as of September 30, 2015 and December 31, 2014, respectively 38,259 34,917
Additional paid-in capital 57,844,419 53,853,089
Statutory reserves 23,038,917 23,038,917
Retained earnings 100,340,007 99,021,555
Accumulated other comprehensive income 15,838,394 20,796,420
Non-controlling interests 11,109,780 13,021,555
TOTAL STOCKHOLDER'S EQUITY 208,209,776 209,766,453
TOTAL LIABILITIES AND STOCKHOLDER'S EQUITY $ 325,990,043 $ 336,541,719