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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Sep. 30, 2022
Dec. 31, 2021
Statement of Financial Position [Abstract]    
Cash and cash equivalents $ 4,045,329 $ 7,357,875
Pledged deposits 37,591,281 18,996,749
Trade and bills receivable, net 21,902,180 49,907,129
Inventories 52,709,868 30,133,340
Prepayments and other receivables 5,457,532 12,746,990
Receivables from former subsidiary 6,341,988 2,263,955
Amount due from non-controlling interest, current 112,424 125,883
Amount due from related party 210,796 472,061
Income tax recoverable 56,251 47,189
Investment in sales-type lease, net 815,013 790,516
Total current assets 129,242,662 122,841,687
Property, plant and equipment, net 88,154,577 90,042,773
Construction in progress 15,839,191 27,343,092
Long-term investments, net 917,768 712,930
Prepaid land use right- non current 12,081,968 13,797,230
Intangible assets, net 1,383,789 1,961,739
Operating lease right-of-use assets, net 571,851 1,968,032
Investment in sales-type lease, net 317,279 838,528
Amount due from non-controlling interest, non-current 56,212 62,941
Deferred tax assets, net 1,175,624 1,403,813
Goodwill 1,470,904 1,645,232
Total assets 251,211,825 262,617,997
Liabilities    
Trade and bills payable 70,532,360 65,376,212
Short -term bank loans 17,573,866 8,811,820
Other short-term loans 3,482,583 4,679,122
Accrued expenses and other payables 19,602,212 22,963,700
Payables to former subsidiaries, net 368,772 326,507
Deferred government grants, current 1,613,838 3,834,481
Product warranty provisions 104,053 127,837
Operating lease liability, current 304,574 801,797
Finance lease liability, current 1,173,589
Warrants liability 1,147,000 5,846,000
Total current liabilities 115,902,847 112,767,476
Deferred government grants, non-current 5,809,485 6,189,196
Operating lease liability, non-current 120,101 876,323
Product warranty provision 1,776,912 1,900,429
Total liabilities 123,609,345 121,733,424
Commitments and contingencies
Shareholders’ equity    
Common stock $0.001 par value; 500,000,000 authorized; 88,849,222 issued and 88,705,016 outstanding as of December 31, 2021, 89,135,064 issued and 88,990,858 outstanding as of September 30, 2022 89,135 88,849
Donated shares 14,101,689 14,101,689
Additional paid-in capital 243,053,288 241,946,362
Statutory reserves 1,230,511 1,230,511
Accumulated deficit (121,248,906) (122,498,259)
Accumulated other comprehensive income (loss) (12,382,483) 2,489,017
Stockholders' equity (deficit) before Treasury Stock 124,843,234 137,358,169
Less: Treasury shares (4,066,610) (4,066,610)
Total shareholders’ equities 120,776,624 133,291,559
Non-controlling interests 6,825,856 7,593,014
Total of equities 127,602,480 140,884,573
Total liabilities and shareholders’ equity $ 251,211,825 $ 262,617,997