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SEGMENT INFORMATION
 12 Months Ended
Dec. 31, 2013
SEGMENT INFORMATION [Abstract]  
SEGMENT INFORMATION

19. SEGMENT INFORMATION

 

The Group's chief operating decision maker has been identified as the chief executive officer, who reviews consolidated results when making decisions about allocating resources and assessing performance of the Group. Following the further expansion of module business and entering into the wafer business in 2011, the Group operated and viewed its performance in three segments. However, on September 28, 2012, the module business was disposed (see Note 3). Therefore, only two segments remained in 2012 and 2013 and the segment information in prior years was restated to be consistent with the current year reportable segments. The following tables summarized the Company's revenue and cost generated from different revenue streams. Substantially all of its revenues are derived in the PRC. The Group's long-lived assets and operations are substantially all located in the PRC.

 

The following table summarizes the Group's revenue by segment:

 

Year ended December 31, 2011   Polysilicon     Wafer     Elimination     Total  
Revenue - External   $ 218,915,487     $ 13,254,092     $ -     $ 232,169,579  
Revenue - Intersegment     1,696,573       -       (1,696,573 )     -  
Total revenue     220,612,060       13,254,092       (1,696,573 )     232,169,579  
Total Cost     125,962,033       20,680,565       (1,696,573 )     144,946,025  
Gross profit (loss)   $ 94,650,027     $ (7,426,473 )   $ -     $ 87,223,554  

 

Year ended December 31, 2012   Polysilicon     Wafer     Elimination     Total  
Revenue - External   $ 73,450,807     $ 13,407,594     $       $ 86,858,401  
Revenue - Intersegment     6,067,339       -       (6,067,339 )     -  
Total revenue     79,518,146       13,407,594       (6,067,339 )     86,858,401  
Total Cost     110,243,043       20,114,680       (6,067,339 )     124,290,384  
Gross profit (loss)   $ (30,724,897 )   $ (6,707,086 )   $ -     $ (37,431,983 )

 

Year ended December 31, 2013   Polysilicon     Wafer     Elimination     Total  
Revenue - External   $ 76,721,105     $ 32,278,700     $ -     $ 108,999,805  
Revenue - Intersegment     13,195,838       -       (13,195,838 )     -  
Total revenue     89,916,943       32,278,700       (13,195,838 )     108,999,805  
Total Cost     98,684,325       49,614,921       (13,195,838 )     135,103,408  
Gross profit (loss)   $ (8,767,382 )   $ (17,336,221 )   $ -     $ (26,103,603 )

 

The following customers accounted for 10% or more of revenues:

 

    Year ended December 31,  
    2011     2012     2013  
Customer A   $ 28,219,079     $ 21,749,284     $ *  
Customer B   $ 27,214,590     $ *     $ *  
Customer D   $ 33,140,475     $ *     $ *  
Customer G   $ 28,570,338     $ *     $ *  
Customer I   $ *     $ *     $ 19,644,488  
Customer L   $ *     $ *     $ 13,471,873  

 

 
*   Represents less than 10%