SEGMENT DATA AND RELATED INFORMATION

12 Months Ended

Dec. 31, 2013

Segment Reporting [Abstract]

SEGMENT DATA AND RELATED INFORMATION

NOTE 22 SEGMENT DATA AND RELATED INFORMATION

The Company operates in one business segment, the manufacturing and sale of refined copper rod and copper anode, as well as copper clad aluminum (CCA) wire and copper wire produced from refined copper rod. The Company also operates in only one geographical segment – China, as all of the Company’s products are sold to customers located in China and the Company’s manufacturing operations are located in China.

The Company’s major product categories are (1) wire manufacturing, consisting of (a) CCA fine and superfine wire, which is an electrical conductor consisting of an outer sleeve of copper that is metallurgically bonded to a solid aluminum core, and (b) copper fine and superfine wire, manufactured from recycled copper rod; (2) refined copper rod; and (3) refined copper anode, the latter two of which are fire refined from scrap copper.

Management evaluates performance based on several factors, of which net revenue and gross profit by product are the primary financial measures:

	Year ended December 31,
	2013		2012		2011
Net revenue from unaffiliated customers:
Copper wire	$	170,903,382	$	188,810,251	$	124,062,182
Superfine copper wire		135,328,792		144,337,762		149,808,595
CCA wire		53,284,353		60,634,148		61,703,257
Copper anode		472,042,033		381,114,304		287,269,353
Refined copper rod		69,168,398		78,870,076		14,250,052
	$	900,726,958	$	853,766,541	$	637,093,439
Gross profit:
Copper wire	$	9,727,112	$	11,462,253	$	8,399,703
Superfine copper wire		15,469,518		16,820,626		19,947,147
CCA wire		16,359,209		19,602,531		21,375,471
Copper anode		41,693,682		37,667,562		25,224,807
Refined copper rod		3,149,697		3,995,402		766,544
	$	86,399,218	$	89,548,374	$	75,713,672