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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Mar. 31, 2016
Dec. 31, 2015
Current Assets    
Cash and cash equivalents $ 180,116,752 $ 144,937,893
Time deposits 0 38,032,593
Accounts receivable, net of allowance for doubtful accounts 30,593,102 25,144,969
Inventories 130,877,257 126,395,312
Prepayments and other current assets, net of allowance for doubtful accounts 21,663,389 24,545,597
Deposits related to land use rights, current portion 10,307,682 10,056,200
Total Current Assets 373,558,182 369,112,564
Property, plant and equipment, net 115,500,723 105,364,251
Land use rights, net 24,932,269 23,576,300
Equity method investment 8,543,149 8,718,133
Loan receivable 46,431,000 39,834,173
Other non-current assets 3,199,391 4,861,075
Total Assets 572,164,714 551,466,496
Current Liabilities    
Accounts payable 5,994,820 9,681,835
Other payables and accrued expenses 42,626,588 57,462,563
Income tax payable 8,226,534 4,510,986
Total Current Liabilities 56,847,942 71,655,384
Deferred income 4,420,053 4,525,867
Other liabilities 6,703,382 8,323,446
Total Liabilities 67,971,377 84,504,697
Stockholders' Equity    
Common stock: par value $0.0001; 100,000,000 shares authorized; 28,845,678 and 28,835,053 shares issued at March 31, 2016 and December 31, 2015, respectively; 26,590,974 and 26,580,349 shares outstanding at March 31, 2016 and December 31, 2015, respectively 2,885 2,884
Additional paid-in capital 109,649,239 105,079,845
Treasury stock: 2,254,704 shares at March 31, 2016 and December 31, 2015, at cost (56,425,094) (56,425,094)
Retained earnings 359,901,349 333,704,094
Accumulated other comprehensive income 2,108,251 (18,605)
Total equity attributable to China Biologic Products, Inc. 415,236,630 382,343,124
Noncontrolling interest 88,956,707 84,618,675
Total Stockholders’ Equity $ 504,193,337 $ 466,961,799
Commitments and contingencies
Total Liabilities and Stockholders’ Equity $ 572,164,714 $ 551,466,496