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Condensed Consolidated Balance Sheets (USD $)
Jun. 30, 2012
Dec. 31, 2011
ASSETS    
Cash $ 26,040,774 $ 9,037,550
Restricted cash 253 253
Accounts receivable 102,805 115,163
Inventories 41,319,371 54,336,501
Other receivables 15,700,725 11,991,134
Prepaid expenses 5,154,254 6,085,379
Advances to suppliers 7,141,023 10,160,552
Deferred income tax assets 2,960,318 2,972,570
Total current assets 98,419,523 94,699,102
Property, plant and equipment, net 42,417,556 43,042,136
Land use rights, net 733,962 748,410
Goodwill 26,671,404 26,346,942
Other assets 461,345 520,559
Total assets 168,703,790 165,357,149
LIABILITIES AND SHAREHOLDERS' EQUITY    
Short-term loans 7,911,768 10,998,162
Accounts payable 27,678,472 28,417,894
Cash card and coupon liabilities 16,327,419 16,024,437
Customer deposits received 441,362 931,604
Accrued expenses and other payables 19,733,594 14,328,656
Income taxes payable 174,273 227,016
Total current liabilities 72,266,888 70,927,769
Total liabilities 72,266,888 70,927,769
Shareholders' equity    
Common stock, $0.001 par value per share, authorized 100,000,000 shares, issued and outstanding 10,527,637 and 10,448,197 shares at June 30, 2012 and December 31, 2011, respectively 10,527 [1] 10,448 [1]
Series A convertible preferred stock, par value $0.01, authorized 10,000,000 shares, issued and outstanding 5,457,960 and 5,694,549 at June 30, 2012 and December 31, 2011, respectively 54,580 56,945
Additional paid-in capital 91,828,974 91,610,531
Retained earnings - appropriated 7,282,560 7,282,560
Retained earnings (14,918,204) (15,758,416)
Accumulated other comprehensive income 12,178,465 11,227,312
Total shareholders' equity 96,436,902 94,429,380
Total liabilities and shareholders' equity $ 168,703,790 $ 165,357,149
[1] The number of shares of common stock has been retroactively restated to reflect the Reverse Stock Split effected on June 11, 2012.