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CHINA LOGISTICS GROUP, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (UNAUDITED) (USD $)
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Revenues:        
Sales $ 3,192,631 $ 6,349,846 $ 10,082,430 $ 17,917,318
Cost of sales 2,917,863 6,343,360 9,073,975 16,682,335
Gross profit 274,768 6,486 1,008,455 1,234,983
Operating expenses:        
Selling, general and administrative 288,291 254,258 907,969 769,870
Gain on disposal of property and equipment (3,362)   (3,362) (1,089)
Bad debt expenses 13,679 (2,877) 181,030 9,422
Total operating expenses 298,608 251,381 1,085,637 778,203
(Loss) income from operations (23,840) (244,895) (77,182) 456,780
Other income (expenses):        
Interest income 5,382 3,447 10,503 3,632
Interest expense (83,392)   (281,074)  
Foreign currency translation loss (4,206)   (38,662)  
Loss from change in fair value of derivative liability (31,802)   (60,642)  
Other (expense) income (1,075) 36,312 500 33,424
Total other (expenses) income, (net) (115,093) 39,759 (369,375) 37,056
(Loss) income before income taxes (138,933) (205,136) (446,557) 493,836
Benefit from (provision for) income taxes   161   (3,303)
Net (loss) income (138,933) (204,975) (446,557) 490,533
Less: net income attributable to the non-controlling interest (3,501) (94,685) (4,966) 261,242
Net (loss) income attributable to China Logistics Group, Inc. shareholders (135,432) (110,290) (441,591) 229,291
Comprehensive income:        
Net (loss) income (138,933) (204,975) (446,557) 490,533
Foreign currency translation adjustment 2,481 (67,092) 11,161 (28,263)
Comprehensive (loss) income (136,452) (272,067) (435,396) 462,270
Less: comprehensive (loss) income attributable to the non-controlling interest (2,285) (127,560) 503 247,393
Comprehensive (loss) income attributable to China Logistic Group, Inc. shareholders $ (134,167) $ (144,507) $ (435,899) $ 214,877
Net (loss) income per common share:        
Earnings Per Share - Basic $ (0.001) $ (0.002) $ (0.006) $ 0.006
Earnings Per Share - Diluted $ (0.001) $ (0.002) $ (0.006) $ 0.000
Weighted average number of shares outstanding:        
Weighted average number of shares outstanding - Basic 101,658,431 41,508,203 73,479,756 41,508,203
Weighted average number of shares outstanding - Diluted 101,658,431 41,508,203 73,479,756 46,008,203