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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
Sep. 30, 2013
Dec. 31, 2012
Current assets    
Cash and cash equivalents $ 11,274,002 $ 1,625,705
Restricted cash 69,327,486 9,173,002
Accounts receivable, net 40,187,445 18,220,089
Inventories, net 37,670,456 9,302,913
Advances to suppliers 17,257,774 16,387,613
Deposits for land use rights 4,628,121 698,291
Prepaid expense and other current assets 3,854,409 558,505
Deferred tax assets 672,848 840,540
Total current assets 184,872,541 56,806,658
Property, plant and equipment, net 51,958,090 40,880,091
Construction in progress 1,477,866 12,860,195
Equity investment 1,332,824 0
Intangible assets, net 9,392,615 8,953,602
Goodwill 1,245,594 1,213,036
Total assets 250,279,530 120,713,582
Current liabilities    
Short-term bank borrowings 27,703,540 9,314,247
Bank note payable 117,880,190 19,679,104
Accounts payable and accrued liabilities 24,540,298 8,367,697
Advances from customers 3,588,015 8,472,233
Loan from third parties 2,365,393 9,413,436
Related party loans payable 2,985,843 509,255
Taxes payable 6,642,679 2,719,517
Other liabilities 3,736,206 1,777,089
Total current liabilities 189,442,163 60,252,578
Warrant liability 363,225 0
Commitments and contingencies      
Equity    
Common stock, $0.001 par value; 50,000,000 shares authorized; 9,860,159 and 9,610,159 shares issued; 9,768,967 and 9,518,967 shares outstanding as of September 30, 2013, and December 31, 2012,respectively 9,860 9,610
Treasury stock, at cost; 91,192 shares (497,693) (497,693)
Additional paid-in capital 30,503,899 29,888,556
Accumulated other comprehensive income 5,358,724 4,297,827
Retained earnings 18,637,401 19,513,573
Statutory reserve 4,010,828 3,421,960
Total stockholders' equity of the Company 58,023,019 56,633,833
Noncontrolling interest 2,451,123 3,827,171
Total equity 60,474,142 60,461,004
Total liabilities and equity $ 250,279,530 $ 120,713,582