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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
Sep. 30, 2011
Dec. 31, 2010
ASSETS  
Cash and cash equivalents$ 2,600,907$ 5,923,386
Accounts receivable-less allowance for doubtful accounts of $90,546 and $87,555 at September 30, 2011 and December 31, 2010, respectively15,032,5299,112,077
Other receivables3,705,8093,164,423
Prepayment and other current assets8,372,6335,300,825
Inventories, net6,436,7646,374,363
Tax receivable4,789,3183,518,919
Total Current Assets40,937,96033,393,993
Property and equipment, net3,366,2663,488,947
Total Assets44,304,22636,882,940
LIABILITIES AND EQUITY  
Short-term borrowings1,566,3501,514,620
Accounts payable38,75029,318
Advances from customers465,848269,189
Accrued expenses and other current liabilities357,501330,601
Tax payable11,356,6528,327,708
Warranty obligation311,760301,464
Due to officer02,358
Total Current Liabilities14,096,86110,775,258
OTHER LIABILITIES  
Warrants liability140,751318,109
Total Liabilities14,237,61211,093,367
Commitments and Contingency  
Equity  
Common shares, $0.002731 par value, 18,307,038 shares authorized, 4,510,000 and 4,500,000 shares issued and outstanding at September 30, 2011 and December 31, 2010, respectively12,31712,290
Additional paid in capital13,196,35713,137,085
Retained earnings13,161,1989,838,452
Accumulated other comprehensive income2,312,5241,474,455
Total Dehaier Medical Systems Limited shareholders' equity28,682,39624,462,282
Non-controlling interest1,384,2181,327,291
Total equity30,066,61425,789,573
Total liabilities and equity$ 44,304,226$ 36,882,940