XML 73 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONSOLIDATED BALANCE SHEETS
Dec. 31, 2013
USD ($)
Dec. 31, 2013
CNY
Dec. 31, 2012
CNY
Current assets      
Cash (note 2) $ 85,497,679 521,270,799 610,692,645
Restricted cash (2012: note 14 (i), (ii); 2013: note 14 (vi), (vii)) 6,895,417 42,040,667 75,000,000
Available-for-sale securities (note 4) 2,752,853 16,783,869  
Trade accounts receivable, net of allowance for doubtful accounts of RMB nil and RMB nil, as of December 31, 2012 and 2013, respectively (note 5) 58,794,382 358,463,468 302,779,899
Inventories (note 6) 57,932,084 353,206,120 138,280,880
Advance to suppliers (note 7) 45,309,097 276,245,034 67,828,505
Other receivables (note 8) 9,596,707 58,510,165 34,880,868
Prepaid expenses 619,000 3,773,980 6,039,816
Deferred income tax assets (note 17) 40,793 248,712  
Total current assets 267,438,012 1,630,542,814 1,235,502,613
Property, plant and equipment, net (note 9) 187,590,846 1,143,722,628 1,047,934,015
Land use rights, net (note 10) 22,789,328 138,944,251 56,432,887
Intangible assets, net (note 11) 1,582,570 9,648,771 13,475,014
Long-term deferred expenses (note 15) 1,754,615 10,697,712  
Other non-current assets (note 12)     89,648,135
Total assets 481,155,371 2,933,556,176 2,442,992,664
Current liabilities      
Trade accounts payable 4,801,166 29,272,232 12,605,132
Accrued expenses and other payables (note 13) 17,480,045 106,574,084 63,942,736
Income taxes payable 1,495,720 9,119,258 6,661,771
Short-term borrowings (note 14) 101,723,827 620,200,000 842,200,000
Current portion of long-term borrowings (note 14) 3,936,427 24,000,000  
Total current liabilities 129,437,185 789,165,574 925,409,639
Long-term borrowings (note 14) 7,872,853 48,000,000  
Bonds payable (note 15) 82,008,890 500,000,000  
Total liabilities 219,318,928 1,337,165,574 925,409,639
Commitments and contingencies (note 18)         
Shareholders' equity      
Ordinary share-par value of RMB 0.0068259; 25,725,000 shares authorized, issued and outstanding as of December 31, 2012 and 2013, respectively 25,725 175,596 175,596
Additional paid-in capital 76,782,002 468,132,187 468,132,187
Retained earnings-appropriated (note 2) 20,724,635 126,356,029 118,401,996
Retained earnings-unappropriated 164,496,931 1,002,921,340 931,347,064
Accumulated other comprehensive loss (192,850) (1,194,550) (473,818)
Total shareholders' equity 261,836,443 1,596,390,602 1,517,583,025
Total liabilities and shareholders' equity $ 481,155,371 2,933,556,176 2,442,992,664