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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
Sep. 30, 2020
Dec. 31, 2019
Current Assets    
Cash $ 95,623,812 $ 100,301,986
Accounts receivable 7,328,182 4,877,106
Inventories, net 394,233 690,087
Prepayments and deposits 1,336,084 1,332,970
Other receivable 559 559
Total Current Assets 104,682,870 107,202,708
Non-Current Assets    
Property, plant and equipment, net 136,655,572 137,994,949
Finance lease right-of use assets 179,829 179,526
Operating lease right-of-use assets 8,630,239 8,817,884
Prepaid land leases, net of current portion 9,714,711 9,115,276
Deferred tax assets 18,033,402 15,940,642
Total Non-Current assets 173,213,753 172,048,277
Total Assets 277,896,623 279,250,985
Current Liabilities    
Accounts and other payable and accrued expenses 2,774,663 1,106,048
Retention payable 0 3,805,483
Taxes payable-current 1,501,816 779,623
Finance lease liability, current portion 175,253 198,506
Operating lease liabilities, current portion 452,067 416,604
Total Current Liabilities 4,903,799 6,306,264
Non-Current Liabilities    
Finance lease liability, net of current portion 1,809,777 1,905,772
Operating lease liabilities, net of current portion 7,595,807 7,931,849
Total Non-Current Liabilities 9,405,584 9,837,621
Total Liabilities 14,309,383 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; 10,043,307 and 9,563,257 shares issued; and 9,997,477 and 9,517,427 shares outstanding as of September 30, 2020 and December 31, 2019, respectively 24,139 23,904
Treasury stock; 45,830 and 45,830 shares as of September 30, 2020 and December 31, 2019 at cost (510,329) (510,329)
Additional paid-in capital 97,393,403 95,043,388
Retained earnings unappropriated 151,111,441 159,808,400
Retained earnings appropriated 24,233,544 24,233,544
Accumulated other comprehensive loss (8,664,958) (15,491,807)
Total Stockholders' Equity 263,587,240 263,107,100
Total Liabilities and Stockholders' Equity $ 277,896,623 $ 279,250,985