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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Cash flows from operating activities:      
Net income $ 26,133,088 $ 57,620,552 $ 47,083,424
Adjustments to reconcile net income to net cash (used in) / provided by operating activities:      
Depreciation of property, plant and equipment 10,899,049 7,994,638 3,149,314
(Gain)/Loss on disposal of property, plant and equipment (56,107) 12,726   
Amortization of land use right 330,244 322,638 259,438
Stock-based compensation 3,705,109      
Warrant compensation expense    5,700,000   
Changes in assets and liabilities:      
Accounts receivable, net 4,126,206 (2,046,819) 721,098
Notes receivable, net 139,228 (554,789)   
Inventories 1,929,773 (16,712,453) (1,043,397)
Prepaid expenses 6,435 621,611 (914,841)
Prepaid purchases (29,666,016) (16,284,440) (11,361,129)
Other receivable (142,305) (697,676) 224,051
Accounts payable (5,813,580) 5,168,689 (4,967,264)
Income tax payable (369,983) 1,078,582 334,361
Customers deposit (11,856,194) 12,911,217 1,539,833
Accrued liabilities and other payables (1,466,919) 1,113,651 1,452,762
Net cash (used in) / provided by operating activities (2,101,972) 56,248,127 36,477,650
Cash flows from investing activities:      
Cash paid for property, plant and equipment (30,561,916) (29,816,858) (65,063,864)
Proceeds from disposal of property, plant and equipment 59,517 9,655   
Payment of purchases of land use right    (9,073,284) (1,903,656)
Payment of acquisition of future land use right (11,112,875) (10,213,261) (2,093,071)
Cash deposit - potential business initiative program - related party    (5,000,000)   
Cash deposit refunded - related party    5,000,000   
Advance to unrelated third parties (4,017,304) (3,415,724)   
Advance from unrelated third party 1,587,554      
Repayment of advance to unrelated third parties 5,252,326      
Investment in certificates of deposit (16,193,047) (3,101,978)   
Changes in restricted cash (25,788,547) (47,212,098) (29,032,134)
Changes in prepaid machinery deposits       13,973,966
Net cash used in investing activities (80,774,292) (102,823,548) (84,118,759)
Cash flows from financing activities:      
Repayment of term loans (50,484,204) (45,831,718) (45,984,848)
Proceeds from term loans 63,184,632 43,815,432 56,093,042
Proceeds from notes payable, net 51,992,380 111,733,230 45,213,650
Proceeds received from common stock issued and warrant conversion, net       28,682,613
Proceeds received from exercise of warrants    66,473,875   
Warrant compensation expense    (5,700,000)   
Purchase of treasury stock (1,554,674) (4,516,744)   
Net cash provided by financing activities 63,138,134 165,974,075 84,004,457
Net (decrease) / increase in cash (19,738,130) 119,398,654 36,363,348
Effect on change of exchange rates 1,998,222 7,724,965 3,506,581
Cash as of January 1 246,600,917 119,477,298 79,607,369
Cash as of December 31 228,861,009 246,600,917 119,477,298
Cash paid during the year for:      
Interest paid 8,322,263 6,254,304 3,927,906
Income tax paid $ 12,267,157 $ 20,883,046 $ 15,738,892