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CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME (USD $)
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
NET REVENUE $ 853,766,541 $ 637,093,439 $ 370,531,685
Cost of sales (764,218,167) (561,379,767) (308,429,530)
GROSS PROFIT 89,548,374 75,713,672 62,102,155
Selling expenses (2,954,460) (2,485,978) (2,058,323)
General and administrative expenses (8,621,494) (6,650,142) (5,747,178)
Income from operations 77,972,420 66,577,552 54,296,654
Other income (expenses):      
Interest income 547,679 522,722 253,964
Interest expenses 0 (143,779) (131,106)
Foreign exchange differences 109,638 234,763 (112,443)
Gain on extinguishment of warrant liabilities 73,291 88,777 186,897
Change in fair value of warrants (124,000) 3,062,575 (1,448,819)
Other income (expenses) 93,819 114,623 (79,596)
Total other income (expenses) 700,427 3,879,681 (1,331,103)
Income before income taxes 78,672,847 70,457,233 52,965,551
Provision for income taxes (20,730,844) (17,323,700) (14,499,576)
NET INCOME 57,942,003 53,133,533 38,465,975
OTHER COMPREHENSIVE INCOME:      
Foreign currency translation adjustments 659,754 9,152,577 4,626,336
COMPREHENSIVE INCOME $ 58,601,757 $ 62,286,110 $ 43,092,311
Net income per share      
Basic $ 1.94 $ 1.78 $ 1.38
Diluted $ 1.93 $ 1.77 $ 1.34
Weighted average number of shares outstanding      
Basic 29,815,943 29,816,871 27,956,451
Diluted 29,965,811 30,076,130 28,671,363