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STATEMENTS OF CONSOLIDATED STOCKHOLDERS' EQUITY - USD ($)
Common Stock
Additional Paid-In Capital
Accumulated Other Comprehensive Income
Statutory Reserve
Retained Earnings
Total Stockholders' Equity
Non-controlling Interest
Total
Balance at Dec. 31, 2013 $ 11,760 $ 4,566,156 $ 5,187,009 $ 638,128 $ 13,608,987 $ 24,012,040 $ 0 $ 24,012,040
Balance (in shares) at Dec. 31, 2013 11,759,966              
Net income         (4,313,420) (4,313,420)   (4,313,420)
Foreign currency translation adjustment     (562,119)     (562,119)   (562,119)
Balance at Dec. 31, 2014 $ 11,760 4,566,156 4,624,890 638,128 9,295,567 19,136,501 0 19,136,501
Balance (in shares) at Dec. 31, 2014 11,759,966              
Issuance of shares for cash, shares 2,300,000              
Issuance of shares for cash, amount $ 2,300 7,541,700       7,544,000   7,544,000
Net income         2,476,265 2,476,265 (51,871) 2,424,394
Non-controlling interest             195,492 195,492
Foreign currency translation adjustment     (940,576)     (940,576) (839) (941,415)
Balance at Dec. 31, 2015 $ 14,060 $ 12,107,856 $ 3,684,314 $ 638,128 $ 11,771,832 $ 28,216,190 $ 142,782 $ 28,358,972
Balance (in shares) at Dec. 31, 2015 14,059,966