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CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME (USD $)
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3 Months Ended | |
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Mar. 31, 2015
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Mar. 31, 2014
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| Net revenue | ||
| Normal inventory | $ 32,208,047deyu_SalesRevenueGoodsNormalInventory | $ 12,152,145deyu_SalesRevenueGoodsNormalInventory |
| Damaged corn | 3,421,175deyu_SalesRevenueGoodsDamagedCorn | |
| Total Net Revenue | 32,208,047us-gaap_SalesRevenueGoodsNet | 15,573,320us-gaap_SalesRevenueGoodsNet |
| Cost of goods sold | ||
| Normal inventory | (30,459,475)us-gaap_CostOfGoodsSoldDirectMaterials | (11,553,198)us-gaap_CostOfGoodsSoldDirectMaterials |
| Damaged corn | 0us-gaap_CostOfGoodsSoldDepletion | (9,328,942)us-gaap_CostOfGoodsSoldDepletion |
| Total Cost of Goods Sold | (30,459,475)us-gaap_CostOfGoodsSold | (20,882,140)us-gaap_CostOfGoodsSold |
| Gross Profit (loss) | 1,748,572us-gaap_GrossProfit | (5,308,820)us-gaap_GrossProfit |
| Selling expenses | (2,900,531)us-gaap_SellingExpense | (1,098,652)us-gaap_SellingExpense |
| General and administrative expenses | (1,125,862)us-gaap_GeneralAndAdministrativeExpense | (2,678,029)us-gaap_GeneralAndAdministrativeExpense |
| Total Operating Expenses | (4,026,393)us-gaap_OperatingExpenses | (3,776,681)us-gaap_OperatingExpenses |
| Operating income (loss) | (2,277,821)us-gaap_OperatingIncomeLoss | (9,085,501)us-gaap_OperatingIncomeLoss |
| Interest income | 2,393us-gaap_InvestmentIncomeInterest | 1,080us-gaap_InvestmentIncomeInterest |
| Interest expense | (187,971)us-gaap_InterestExpense | (195,653)us-gaap_InterestExpense |
| Non-operating income (loss) | 128,468us-gaap_NonoperatingIncomeExpense | 47,265us-gaap_NonoperatingIncomeExpense |
| Total Other Expenses | (57,110)us-gaap_OtherExpenses | (147,308)us-gaap_OtherExpenses |
| Income (loss) before income taxes | (2,334,931)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest | (9,232,809)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest |
| Income taxes | (56,448)us-gaap_IncomeTaxExpenseBenefit | (83,249)us-gaap_IncomeTaxExpenseBenefit |
| Income before extraordinary items | (2,391,379)us-gaap_IncomeLossBeforeExtraordinaryItemsAndCumulativeEffectOfChangeInAccountingPrinciple | (9,316,058)us-gaap_IncomeLossBeforeExtraordinaryItemsAndCumulativeEffectOfChangeInAccountingPrinciple |
| Net income | (2,391,379)us-gaap_ProfitLoss | (9,316,058)us-gaap_ProfitLoss |
| Net income (loss) attributable to noncontrolling interest | 36us-gaap_NetIncomeLossAttributableToNoncontrollingInterest | 159us-gaap_NetIncomeLossAttributableToNoncontrollingInterest |
| Net income (loss) attributable to Deyu Agriculture Corp. | (2,391,343)us-gaap_NetIncomeLoss | (9,315,899)us-gaap_NetIncomeLoss |
| Preferred stock dividends | (107,807)us-gaap_PreferredStockDividendsIncomeStatementImpact | (102,349)us-gaap_PreferredStockDividendsIncomeStatementImpact |
| Net income (loss) available to common stockholders | (2,499,150)us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic | (9,418,248)us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic |
| Foreign currency translation gain (loss) | (1,358,387)us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent | (1,445,198)us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent |
| Comprehensive income (loss) | (3,857,537)us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest | (10,863,446)us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest |
| Other comprehensive income (loss) attributable to noncontrolling interests | 756us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest | (81)us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest |
| Comprehensive income (loss) attributable to Deyu Agriculture Corp. | $ (3,856,781)us-gaap_ComprehensiveIncomeNetOfTax | $ (10,863,527)us-gaap_ComprehensiveIncomeNetOfTax |
| Net income (loss) attributable to common stockholders per share - basic (in dollars per share) | $ (0.23)us-gaap_IncomeLossFromContinuingOperationsPerBasicShare | $ (0.87)us-gaap_IncomeLossFromContinuingOperationsPerBasicShare |
| Net income (loss) attributable to common stockholders per share - diluted (in dollars per share) | $ (0.23)us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare | $ (0.87)us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare |
| Weighted average number of common shares outstanding - basic (in shares) | 11,044,328us-gaap_WeightedAverageNumberOfSharesOutstandingBasic | 10,793,738us-gaap_WeightedAverageNumberOfSharesOutstandingBasic |
| Weighted average number of common shares outstanding - diluted (in shares) | 11,044,328us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding | 10,793,738us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding |
| X | ||||||||||
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- Definition
Aggregate revenue during the period from the sale of damaged corn goods in the normal course of business No definition available.
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- Definition
Aggregate revenue during the period from the sale of normal inventory goods in the normal course of business No definition available.
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- Definition
Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income, attributable to parent entity. Excludes changes in equity resulting from investments by owners and distributions to owners. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income (loss) and other comprehensive income (loss), attributable to noncontrolling interests. Excludes changes in equity resulting from investments by owners and distributions to owners. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income. Excludes changes in equity resulting from investments by owners and distributions to owners. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Total costs related to goods produced and sold during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The expense recognized in the current period that recognizes the reduction in the quantity of resources (for example, coal, oil, minerals, gas) that are held as assets on the statement of financial position. This element applies only to assets used in the production of goods sold. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Cost of materials used in goods produced and sold during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Aggregate revenue less cost of goods and services sold or operating expenses directly attributable to the revenue generation activity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Income or Loss from continuing operations, net of taxes, including net Income or Loss from discontinued operations but before extraordinary items. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
This element represents the income or loss from continuing operations attributable to the economic entity which may also be defined as revenue less expenses from ongoing operations, after income or loss from equity method investments, but before income taxes, extraordinary items, and noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The amount of net income (loss) from continuing operations per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The amount of net income (loss) derived from continuing operations during the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of the cost of borrowed funds accounted for as interest expense. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount before accretion (amortization) of purchase discount (premium) of interest income on nonoperating securities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of Net Income (Loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Net income after adjustments for dividends on preferred stock (declared in the period) and/or cumulative preferred stock (accumulated for the period). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The aggregate amount of income or expense from ancillary business-related activities (that is to say, excluding major activities considered part of the normal operations of the business). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense. No definition available.
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- Definition
The net result for the period of deducting operating expenses from operating revenues. No definition available.
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- Definition
Amount after tax and reclassification adjustments of gain (loss) on foreign currency translation adjustments, foreign currency transactions designated and effective as economic hedges of a net investment in a foreign entity and intra-entity foreign currency transactions that are of a long-term-investment nature, attributable to parent entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
This element represents a sum total of expenses not separately reflected on the income statement for the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The amount of preferred stock dividends that is an adjustment to net income apportioned to common stockholders. No definition available.
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- Definition
The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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| X | ||||||||||
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- Definition
Aggregate revenue during the period from the sale of goods in the normal course of business, after deducting returns, allowances and discounts. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Expenses recognized in the period that are directly related to the selling and distribution of products or services. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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