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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Sales $ 85,587,711 $ 70,354,331
Cost of sales 34,043,435 24,461,575
Gross profit 51,544,276 45,892,756
Operating expenses    
Selling expenses 1,227,670 1,950,688
General and administrative expenses 11,328,013 7,853,195
Research and development expenses 1,094,723 1,342,322
Income from operations 37,893,870 34,746,551
Other income (expenses)    
Equity in loss of an equity method investee (216,315) (95,067)
Interest income 1,751,140 1,376,847
Interest expense (88,550) (756,821)
Total other income, net 1,446,275 524,959
Earnings before income tax expense 39,340,145 35,271,510
Income tax expense 6,607,103 5,616,150
Net income 32,733,042 29,655,360
Less: Net income attributable to noncontrolling interest 6,535,787 6,492,888
Net income attributable to China Biologic Products, Inc. $ 26,197,255 $ 23,162,472
Net income per share of common stock:    
Basic $ 0.96 $ 0.91
Diluted $ 0.94 $ 0.87
Weighted average shares used in computation:    
Basic 26,585,926 24,816,877
Diluted 27,126,838 26,066,786
Net income $ 32,733,042 $ 29,655,360
Other comprehensive income:    
Foreign currency translation adjustment, net of nil income taxes 2,569,752 (854,362)
Comprehensive income 35,302,794 28,800,998
Less: Comprehensive income attributable to noncontrolling interest 6,978,683 6,455,112
Comprehensive income attributable to China Biologic Products, Inc. $ 28,324,111 $ 22,345,886