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CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
Mar. 31, 2019
Dec. 31, 2018
Current Assets:    
Cash and cash equivalents $ 3,273,628 $ 256,450
Accounts receivable, net 8,861,975 8,213,015
Inventories 942,619 1,163,845
Other receivables 30,877 7,590
Prepayments 1,422,522 1,826,214
Amount due from related parties 52,460 149,811
Deferred expenses 298,326 291,104
Deposits for capital leases-current portion 72,700
Total current assets 14,882,407 11,980,729
Construction in progress 1,089,265 803,257
Property and equipment, net 21,402,779 37,723,969
Long term deferred expenses 1,189,334 1,238,455
Deposits for capital leases 931,886 720,306
Right-of-use assets 18,307,419
Total assets 57,803,090 52,466,716
Current Liabilities:    
Accounts payable 4,203,766 3,635,761
Notes payable 752,964 668,175
Deposits received 9,450 14,213
Amount due to related parties 115,638 109,147
Other payable 20,112 49,707
Deferred tax payable-current 107,365
Tax payable 41,156
Payroll payable 671,493 383,943
Lease obligation-current portion 4,146,091 2,161,977
Total current liabilities 9,919,514 7,171,444
Deferred tax payable 1,671,357 1,231,462
Lease obligation 19,980,531 19,380,209
Other capital lease payable 2,716,856 2,651,084
Total liabilities 34,288,258 30,434,199
Shareholders' equity    
Common stock; $0.001 par value, 100,000,000 shares authorized; 14,975,000 and 14,975,000 issued and outstanding at March 31, 2019 and December 31, 2018, respectively 14,975 14,975
Additional Paid-in capital 2,191,363 2,191,363
Retained earnings 13,582,500 12,913,912
Other comprehensive income (628,952) (983,109)
Total shareholders' equity of the Company 15,159,886 14,137,141
Non-controlling interest 8,354,946 7,895,376
Total shareholders' equity 23,514,832 22,032,517
Total liabilities and shareholders' equity $ 57,803,090 $ 52,466,716