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Property, Plant and Equipment, Net
12 Months Ended
Dec. 31, 2017
Property, Plant and Equipment, Net [Abstract]  
PROPERTY, PLANT AND EQUIPMENT, NET

Note 5 – PROPERTY, PLANT AND EQUIPMENT, NET

 

As of December 31, 2017 and 2016, property, plant and equipment consisted of the following:

 

    December 31,     December 31,  
    2017     2016  
Machinery equipment   $ 3,357,637     $ 3,095,665  
Electronic equipment     70,421       65,412  
Office equipment     229,978       201,533  
Vehicles     79,385       102,024  
Buildings     964,504       903,761  
Leasehold Improvement     262,648       -  
Total property, plant and equipment     4,964,573       4,368,395  
Less: accumulated depreciation     (1,444,200 )     (1,061,660 )
Property, plant and equipment, net   $ 3,520,373     $ 3,306,735  

 

Depreciation expense for the years ended December 31, 2017, 2016 and 2015 was $349,887, $252,957 and $263,177, respectively.

 

As of December 31, 2017 and 2016, a building with net book values of $555,070, and $533,935, respectively, was pledged as collateral under certain loan arrangements (see Note 7).