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CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) (USD $)
Mar. 31, 2013
Dec. 31, 2012
Current assets:    
Cash and cash equivalents $ 14,892,735 $ 40,425,310
Restricted cash 1,465,359 8,081,061
Trade receivables, net of allowance for doubtful accounts of $1,459,309 and $1,454,741, as of March 31, 2013 and December 31, 2012, respectively 18,952,195 24,535,601
Notes and loans receivable, net of allowance for doubtful accounts of $3,350,056, as of March 31, 2013 and December 31, 2012, respectively      
Due from related parties 24,075 20,191
Advances to suppliers 12,956,338 14,805,607
Inventories, net 29,137,477 30,838,292
Prepayments and other current assets 37,352 43,779
Recoverable value-added taxes 1,393,997 1,269,443
Loans and advances to third parties 60,879,155 30,473,435
Consideration receivable 75,907,867 78,274,528
Deferred tax assets 3,425,598 3,425,598
Investment in mutual funds - available-for-sale 119,483 117,210
Assets held for sale 2,416,333 2,408,770
Total current assets 221,607,964 234,718,825
Investments:    
Investment at cost 289,821 288,914
Investments 289,821 288,914
Property, plant and equipment:    
Property, plant and equipment, net 113,265,430 114,990,808
Construction in progress 21,021,622 17,996,885
Property Plant and Equipment Including Construction in Progress 134,287,052 132,987,693
Other assets:    
Advances to suppliers - non-current 11,989,369 10,149,090
Long term loan receivables 79,266,427 79,018,330
Deferred tax assets - non-current 730,163 2,568,642
Prepaid leases for land use rights 16,429,133 16,524,390
Total assets 464,599,929 476,255,884
Current liabilities:    
Notes payable   7,996,533
Short term bank loans 61,828,779 63,240,345
Accounts payable 41,237,423 41,115,131
Accrued expenses 10,779,092 14,193,225
Income tax payable 2,393,860 2,128,545
Advances from customers 16,225,424 15,092,328
Due to related parties 138,524 55,276
Advances from employees 80,023 225,835
Employee benefits and salary payable 10,668,699 9,758,312
Other payables 25,464,200 38,683,732
Current portion of long term bank loans 6,023,349 6,004,497
Current portion of capital lease obligation 139,973 137,722
Total current liabilities 174,979,346 198,631,481
Capital lease obligation, net of current portion 301,756 296,856
Other long term loans 59,222,577 59,222,577
Unrecognized tax benefits - non-current 12,193,729 12,026,563
Deferred income 4,254,460 4,320,779
Total liabilities 250,951,868 274,498,256
Commitments and contingencies (see Note 21)      
Equity    
Common stock (US$0.001 par value, 50,000,000 shares authorized; 19,784,291 shares issued and outstanding as of March 31, 2013 and December 31, 2012) 19,784 19,784
Additional paid-in capital 61,762,731 61,284,217
Common stock warrants 1,774,151 1,774,151
Statutory reserves 13,450,739 13,450,739
Accumulated other comprehensive income 46,343,337 45,487,528
Retained earnings 90,297,319 79,741,209
Total shareholders' equity 213,648,061 201,757,628
Total liabilities and equity $ 464,599,929 $ 476,255,884