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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
Sep. 30, 2018
Dec. 31, 2017
CURRENT ASSETS:    
Cash $ 7,790,951 $ 6,086,044
Accounts receivable, net 12,836,682 14,700,854
Accounts receivable - related parties, net 1,572,100 1,586,420
Inventories, net 24,124,042 22,669,225
Advances to suppliers, net 1,258,374 1,042,554
Advances to suppliers - related parties, net 674,893 3,248,309
Notes receivable 3,323,962
Notes receivable - related parties, current 38,049
Other current assets 1,150,653 554,865
TOTAL CURRENT ASSETS 52,769,706 49,888,271
Property and equipment, net 22,324,572 21,709,467
Long term notes receivable 764,493
Long-term notes receivable - related parties 8,494,317 6,860,056
Other long-term assets 171,321 1,435,613
TOTAL ASSETS 83,759,916 80,657,900
CURRENT LIABILITIES:    
Lines of credit 12,494,146 11,894,146
Accounts payable 17,371,626 17,275,485
Accounts payable - related parties 3,147,470 4,075,927
Advance from customers 423,749 49,677
Advance from customers - related parties 349,721 1,350,296
Current portion of long-term debt, net 1,339,548 1,372,125
Current portion of obligations under capital leases 232,901 434,003
Income tax payable 512,415
Dividend payable 1,000,000
Accrued expenses 2,881,646 991,388
TOTAL CURRENT LIABILITIES 38,240,807 38,955,462
Long-term debt, net 13,381,574 14,249,579
Obligations under capital leases, non-current 0 118,535
Deferred tax liabilities 267,344 436,212
TOTAL LIABILITIES 51,889,725 53,759,788
Commitments and contingencies
EQUITY:    
Common Stock, $.0001 par value, 30,000,000 shares authorized , 22,167,486 and 19,969,831 common stock issued and outstanding as of September 30, 2018 and December 31, 2017, respectively 2,217 1,997
Additional paid-in capital 22,920,602 21,549,703
Retained earnings 8,187,789 4,255,213
Total shareholders' equity 31,110,608 25,806,913
Noncontrolling interest 759,583 1,091,199
TOTAL EQUITY 31,870,191 26,898,112
TOTAL LIABILITIES AND EQUITY $ 83,759,916 $ 80,657,900