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CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2020
Dec. 31, 2019
Current Assets    
Cash $ 94,222,538 $ 100,301,986
Accounts receivable 6,521,798 4,877,106
Inventories, net 419,609 690,087
Prepayments and deposits 6,146,461 1,332,970
Prepaid land leases 0 0
Other receivables 559 559
Total Current Assets 107,310,965 107,202,708
Non-Current Assets    
Property, plant and equipment, net 148,947,689 137,994,949
Finance lease right-of-use assets 186,272 179,526
Operating lease right-of-use assets 8,868,661 8,817,884
Prepaid land leases, net of current portion 10,134,004 9,115,276
Deferred tax assets 18,590,227 15,940,642
Total Non-Current Assets 186,726,853 172,048,277
Total Assets 294,037,818 279,250,985
Current Liabilities    
Payable and accrued expenses 5,081,701 1,106,048
Retention payable 0 3,805,483
Taxes payable-current 1,326,179 779,623
Finance lease liability, current portion 217,070 198,506
Operating lease liabilities, current portion 477,350 416,604
Total Current Liabilities 7,102,300 6,306,264
Non-Current Liabilities    
Finance lease liability, net of current portion 1,888,903 1,905,772
Operating lease liabilities, net of current portion 8,022,342 7,931,849
Total Non-Current Liabilities 9,911,245 9,837,621
Total Liabilities 17,013,545 16,143,885
Commitment and 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; 10,043,307and 9,563,257 shares issued; and 9,997,477 and 9,517,427 shares outstanding as of December 31, 2020 and December 31, 2019 24,139 23,904
Treasury stock; 45,830 and 45,830 shares as of December 31, 2020 and December 31, 2019 at cost (510,329) (510,329)
Additional paid-in capital 97,435,316 95,043,388
Retained earnings unappropriated 151,388,356 159,808,400
Retained earnings appropriated 24,233,544 24,233,544
Accumulated other comprehensive loss 4,453,247 (15,491,807)
Total Stockholders' Equity 277,024,273 263,107,100
Total Liabilities and Stockholders' Equity $ 294,037,818 $ 279,250,985