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CONSOLIDATED BALANCE SHEETS - USD ($)
Jun. 30, 2015
Dec. 31, 2014
CURRENT ASSETS    
Cash and equivalents $ 53,383,712 $ 35,871,030
Accounts receivable 7,360,639 16,330
Current portion of investment in sales-type leases, net 6,665,583 6,561,984
Interest receivable on sales type leases 597,466 974,526
Prepaid expenses 160,711 951,180
Other receivables 2,320,372 1,196,684
Total current assets 70,488,483 45,571,734
NON-CURRENT ASSETS    
Investment in sales-type leases, net 144,936,493 174,458,615
Long term investment 924,439 821,205
Long term deposit 60,578 60,525
Property and equipment, net 23,594 25,116
Construction in progress 145,648,634 154,340,627
Total non-current assets 291,593,738 329,706,088
TOTAL ASSETS 362,082,221 375,277,822
CURRENT LIABILITIES    
Accounts payable 154,411 1,140,181
Notes payable - bank acceptances 2,617,116 163,425
Taxes payable 3,658,276 2,614,311
Accrued liabilities and other payables 3,648,446 3,250,744
Due to related parties 44,059 40,954
Deferred tax liability 1,310,267 1,035,337
Loans payable - current 8,150,680 15,729,694
Interest payable on entrusted loans 259,553 285,257
Current portion of long term payable 0 2,401,405
Total current liabilities 19,842,808 26,661,308
NONCURRENT LIABILITIES    
Deferred tax liability, net 11,600,217 13,302,537
Refundable deposit from customers for systems leasing 1,652,054 1,650,597
Loans payable 42,752,225 63,114,888
Entrusted loan payable 62,483,643 62,428,501
Total noncurrent liabilities 118,488,139 140,496,523
Total liabilities $ 138,330,947 $ 167,157,831
CONTINGENCIES AND COMMITMENTS    
STOCKHOLDERS' EQUITY    
Common stock, $0.001 par value; 100,000,000 shares authorized, 83,084,035 and 83,009,035 shares issued and outstanding as of June 30, 2015 and December 31, 2014, respectively $ 83,084 $ 83,009
Additional paid in capital 111,718,266 111,517,578
Shares to be issued 0 187,500
Statutory reserve 13,487,737 11,888,170
Accumulated other comprehensive income 16,206,173 15,987,138
Retained earnings 82,015,146 68,199,797
Total Company stockholders' equity 223,510,406 207,863,192
Noncontrolling interest 240,868 256,799
Total equity 223,751,274 208,119,991
TOTAL LIABILITIES AND EQUITY $ 362,082,221 $ 375,277,822