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Consolidated Statements of Income and Comprehensive Income (Loss) - USD ($)
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Revenues $ 47,665,674 $ 58,829,900
Cost of revenues 34,121,894 41,947,684
Gross Profit 13,543,780 16,882,216
Operating expenses    
Selling expenses 750,450 859,200
General and administrative expenses 6,018,486 4,723,707
Research and development expenses 479,353 1,084,867
Total operating expenses 7,248,289 6,667,774
Income from operations 6,295,491 10,214,442
Other income (expenses)    
Interest income 678 82,712
Interest expense (480,149) (412,358)
Government subsidy income 52,597 326,018
Other income, net 106,346 1,093,654
Total other income (expenses) (320,528) 1,090,026
Income before income taxes 5,974,963 11,304,468
Provision for income taxes 1,367,270 2,377,715
Net income 4,607,693 8,926,753
Less: Net income attributable to the noncontrolling interest (308,442) (487,928)
Net income attributable to common stockholders 4,299,251 8,438,825
Net income 4,607,693 8,926,753
Other comprehensive income:    
Foreign currency translation losses (5,448,209) (3,977,179)
Comprehensive income (loss) (840,516) 4,949,574
Less: Comprehensive income attributable to noncontrolling interest (70,029) (289,069)
Comprehensive income (loss) attributable to common stockholders $ (910,545) $ 4,660,505
Earnings Per share -Basic and Diluted $ 0.19 $ 0.4
Weighted Average Shares Outstanding - Basic and diluted 23,019,185 21,240,548