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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
Mar. 31, 2020
Dec. 31, 2019
Current Assets    
Cash $ 93,632,690 $ 100,301,986
Accounts receivable 620,669 4,877,106
Inventories, net 674,978 690,087
Prepayments and deposits 1,278,330 1,332,970
Other receivable 559 559
Total Current Assets 96,207,226 107,202,708
Non-Current Assets    
Property, plant and equipment, net 136,032,828 137,994,949
Finance lease right-of use assets 175,463 179,526
Operating lease right-of-use assets 8,551,066 8,817,884
Prepaid land leases, net of current portion 9,342,440 9,115,276
Deferred tax assets 16,804,875 15,940,642
Total non-current assets 170,906,672 172,048,277
Total Assets 267,113,898 279,250,985
Current Liabilities    
Accounts and other payable and accrued expenses 1,054,101 1,106,048
Retention payable 0 3,805,483
Taxes payable-current 767,656 779,623
Finance lease liability, current portion 230,190 198,506
Operating lease liabilities, current portion 424,354 416,604
Total Current Liabilities 2,476,301 6,306,264
Non-Current Liabilities    
Finance lease liability, net of current portion 1,876,522 1,905,772
Operating lease liabilities, net of current portion 7,709,092 7,931,849
Total Non-Current Liabilities 9,585,614 9,837,621
Total Liabilities 12,061,915 16,143,885
Commitment and Loss Contingencies
Stockholders Equity    
PREFERRED STOCK; $0.001 par value; 1,000,000 shares authorized; none outstanding 0 0
COMMON STOCK; $0.0005 par value; 80,000,000 shares authorized; 9,563,257 and 9,563,257 shares issued; and 9,517,427 and 9,517,427 shares outstanding as of March 31, 2020 and December 31, 2019, respectively 23,904 23,904
Treasury stock; 45,830 and 45,830 shares as of March 31, 2020 and December 31, 2019 at cost (510,329) (510,329)
Additional paid-in capital 95,043,388 95,043,388
Retained earnings unappropriated 156,268,642 159,808,400
Retained earnings appropriated 24,233,544 24,233,544
Accumulated other comprehensive loss (20,007,166) (15,491,807)
Total Stockholders' Equity 255,051,983 263,107,100
Total Liabilities and Stockholders' Equity $ 267,113,898 $ 279,250,985