XML 50 R19.htm IDEA: XBRL DOCUMENT v3.19.1
ADVANCES FROM CUSTOMERS
12 Months Ended
Dec. 31, 2018
Revenue from Contract with Customer [Abstract]  
Revenue from Contract with Customer
10. ADVANCES FROM CUSTOMERS
 
Advances from customers represent prepayments from customers and are recognized as revenue in accordance with the Group's revenue recognition policy.
 
Advances from customers consist of the following and is analyzed as long-term and short-term portion respectively:
 
 
 
December 31,
 
 
 
2017
 
 
2018
 
Customer A
 
$
994,196
 
 
$
15,827,579
 
Customer B
 
 
-
 
 
 
1,017,427
 
Customer C
 
 
4,651,317
 
 
 
-
 
Customer D
 
 
2,856,363
 
 
 
-
 
Customer E
 
 
2,291,448
 
 
 
-
 
Others
 
 
5,584,200
 
 
 
637,934
 
Total
 
$
16,377,524
 
 
$
17,482,940
 
Less: Advances from customers – short-term portion
 
$
16,377,524
 
 
$
10,213,940
 
Advances from customers – long-term portion
 
$
-
 
 
$
7,269,000