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SEGMENT INFORMATION
12 Months Ended
Dec. 31, 2015
SEGMENT INFORMATION [Abstract]  
SEGMENT INFORMATION

20. 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. Therefore, only two segments remained in 2013, 2014 and 2015. Furthermore, the Group's chief operating decision maker is not provided with asset information by segment. As such, no asset information by segment is presented. The following tables summarized the Group'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, 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 of revenue     98,684,325       49,614,921       (13,195,838 )     135,103,408  
Gross loss   $ (8,767,382 )   $ (17,336,221 )   $ -     $ (26,103,603 )

 

Year ended December 31, 2014 Polysilicon     Wafer     Elimination     Total  
Revenue - External   $ 127,692,325    
54,879,527    
-    
182,571,852  
Revenue - Intersegment     29,424,883       -       (29,424,883 )     -  
Total revenue     157,117,208       54,879,527       (29,424,883 )     182,571,852  
Total Cost of revenue     119,703,550       47,861,811       (28,256,850 )     139,308,511  
Gross Profit   $ 37,413,658
 
7,017,716
 
(1,168,033  
43,263,341

 

Year ended December 31, 2015 Polysilicon     Wafer     Elimination     Total  
Revenue – External   $ 125,916,457    
56,124,511    
-    
182,040,968  
Revenue - Intersegment     23,485,364       -       (23,485,364 )     -  
Total Revenue     149,401,821       56,124,511       (23,485,364 )     182,040,968  
Total Cost of revenue     121,193,840       46,763,308       (23,466,065 )     144,491,083  
Gross Profit   $ 28,207,981
 
9,361,203
 
(19,299  
37,549,885

 

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

 

  Year ended December 31,  
  2013     2014     2015  
Customer B   $ 19,644,488     $  23,882,302     $  18,125,773  
Customer C   $ *     $ 18,210,196     $ 19,595,911  
Customer D   $ 13,471,873     $ *     $ *  
Customer J   $ *     $ *     $ 35,094,472  
Customer K   $ *     $ *     $ 20,465,558  

 

 
*  
Represents less than 10%