XML 33 R2.htm IDEA: XBRL DOCUMENT  v2.3.0.11
CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
Jun. 30, 2011
Dec. 31, 2010
Current Assets    
Cash and cash equivalents $ 20,378,813 $ 13,211,443
Accounts receivable 32,589,618 28,535,712
Inventories 1,669,686 351,682
Prepaid expenses and other receivables 1,296,010 1,251,397
Total Current Assets 55,934,127 43,350,234
Deposits 6,962,711 7,713,482
Property and equipment, net 5,960,352 5,958,636
Intangible assets, net 10,910,846 11,064,591
Total Assets 79,768,036 68,086,943
Current Liabilities    
Accounts and other payables 5,722,790 3,991,071
Value-added tax payable 1,078,415 1,509,173
Income tax payable 1,895,432 2,086,702
Short term bank loan 773,635  
Due to a shareholder 334,957  
Total Current Liabilities 9,805,229 7,586,946
Commitment and contingencies 0 0
Stockholders' Equity    
Common stock, $.001 par value, 100,000,000 shares authorized, 27,417,436 and 27,387,436 shares issued and outstanding at June 30, 2011 and December 31, 2010 27,417 27,387
Additional paid-in capital 22,199,832 20,706,667
Statutory reserve 4,666,381 4,666,381
Retained earnings 40,000,688 33,124,540
Accumulated other comprehensive income 3,068,489 1,975,022
Total Stockholders' Equity 69,962,807 60,499,997
Total Liabilities and Stockholders' Equity $ 79,768,036 $ 68,086,943