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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME      
Sales $ 503,744,922 $ 466,877,569 $ 370,406,840
Cost of sales 174,666,544 146,787,236 125,517,021
Gross profit 329,078,378 320,090,333 244,889,819
Operating expenses      
Selling expenses 80,319,448 95,575,830 34,843,935
General and administrative expenses 73,376,457 68,817,340 67,683,667
Research and development expenses 11,734,590 9,524,412 6,503,712
Income from operations 163,647,883 146,172,751 135,858,505
Other income (expenses)      
Equity in income of an equity method investee 1,587,067 2,368,995 3,509,071
Interest income 21,322,239 13,706,750 7,623,624
Interest expense (557,597) (338,136) (583,432)
Other income, net 5,494,119 4,092,935 0
Total other income, net 27,845,828 19,830,544 10,549,263
Income before income tax expense 191,493,711 166,003,295 146,407,768
Income tax expense 28,098,525 18,036,180 64,171,809
Net income 163,395,186 147,967,115 82,235,959
Less: Net income attributable to noncontrolling interest 24,587,438 19,910,813 14,292,924
Net income attributable to China Biologic Products Holdings, Inc. $ 138,807,748 $ 128,056,302 $ 67,943,035
Earnings per share of ordinary share:      
Basic $ 3.55 $ 3.54 $ 2.40
Diluted $ 3.53 $ 3.53 $ 2.38
Weighted average shares used in computation:      
Basic 38,657,553 35,304,294 27,361,561
Diluted 38,897,964 35,432,959 27,605,623
Net income $ 163,395,186 $ 147,967,115 $ 82,235,959
Other comprehensive (losses)/income:      
Other comprehensive income (20,376,586) (60,783,829) 36,861,394
Comprehensive income 143,018,600 87,183,286 119,097,353
Less: Comprehensive income attributable to noncontrolling interest 21,694,640 12,794,989 17,876,743
Comprehensive income attributable to China Biologic Products Holdings, Inc. $ 121,323,960 $ 74,388,297 $ 101,220,610