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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Cash flows from operating activities    
Net loss $ (5,141,507) $ (6,013,521)
Adjustments to reconcile net loss to net cash (used in) provided by operating activities:    
Depreciation and amortization 1,396,313 1,122,341
(Recovery of) Provision for doubtful debts 323,938 (14,690)
Write-down of inventories 557,668 1,199
Share-based compensation 36,641 154,855
Loss on disposal of property, plant and equipment 271,700
Changes in operating assets and liabilities:    
Trade accounts and bills receivable 6,425,690 25,756,828
Inventories 378,742 (1,067,131)
Prepayments and other receivables 2,140,805 (364,489)
Trade accounts and bills payable (10,467,403) (8,118,997)
Accrued expenses and other payables 660,102 (191,226)
Trade receivable from and payables to former subsidiaries (1,474,867) (6,460,523)
Net cash provided by (used in) operating activities (4,892,178) 4,804,646
Cash flows from investing activities    
Purchases of property, plant and equipment and construction in progress (1,406,484) (7,492,193)
Net cash used in investing activities (1,406,484) (7,492,193)
Cash flows from financing activities    
Capital injection from non-controlling interests 88,591 6,045
Proceeds from bank borrowings 23,450,876
Repayment of bank borrowings (3,585,946) (19,916,752)
Borrowings from unrelated parties 6,380,157
Borrowings from shareholders (note 12) 4,126,689
Borrowings from related parties 436,496 10,613,605
Repayment of borrowings from related parties (586,294) (8,419,793)
Repayment of earnest money to shareholders (note 1) (769,298)
Net cash provided by financing activities 6,090,395 5,733,981
Effect of exchange rate changes on cash and cash equivalents, and restricted cash 42,036 (296,673)
Net increase (decrease) in cash and cash equivalents, and restricted cash (166,231) 2,749,761
Cash and cash equivalents, and restricted cash at the beginning of period 17,689,493 10,748,713
Cash and cash equivalents, and restricted cash at the end of period 17,523,262 13,498,474
Non-cash transactions:    
Transfer of construction in progress to property, plant and equipment 5,263,777 4,412,939
Issuance of common stock to investors - offset short-term borrowings from unrelated parties 10,926,495
Cash paid during the period for:    
Income taxes
Interest, net of amounts capitalized $ 756,469 $ 354,603