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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Cash flows from operating activities      
Net income $ 115,111 $ 1,009,171 $ 466,753
Adjustments to reconcile net income to net cash used in operating activities:      
Depreciation and amortization expense 364,170 256,104 266,534
Bad debt provision 18,201
Deferred income tax liability (8,581) (127) 15,513
Loss on disposal of property, plant and equipment 1,783 7,410
Changes in operating assets and liabilities:      
Accounts receivable (971,831) (609,099) 336,193
Accounts receivable - related party (10,817)
Inventories (2,658,359) (3,316,762) (2,136,489)
Due to related parties 5,920
Advances to suppliers 121,360 (610,215) 492,800
Prepayments and other current assets 18,197 (223,632) 167,519
Accounts payable 1,174,363 1,321,954 (482,510)
Accounts payable - related parties 32,440
Notes payable (127,275) 284,510 32,109
Taxes payable (115,219) (85,139) 139,153
Advances from customers (601,855) 513,456 (92,736)
Advances from customers - related party 7,241
Other current liabilities (39,785) (29,339) 87,013
Net cash used in operating activities (2,674,936) (1,489,118) (700,738)
Cash flows from investing activities      
Payments to acquire property, plant and equipment (227,900) (9,002) (231,939)
Proceeds from disposal of property, plant and equipment 2,012
Payments to acquire land use rights (103,596)
Loans to related parties (533,242) (2,543,946) (5,941,665)
Repayments from related parties 15,443 3,400,799 5,790,092
Change in restricted cash (541,426) 96,337 73,851
Net cash provided by (used in) investing activities (1,388,709) 944,188 (309,661)
Cash flows from financing activities      
Proceeds from issuance of common shares 5,542,047 3,759,423 10
Collection of stock subscription receivable 827,730
Capital distribution in connection with acquisition of a subsidiary (2,880,000)
Proceeds from related parties 1,073,961 3,503,190 971,575
Repayments to related parties (1,767,391) (3,310,849) (56)
Proceeds from short term loans 2,077,219 1,806,411 3,243,000
Repayments of short term loans (2,494,793) (1,806,411) (2,713,203)
Net cash provided by financing activities 5,258,773 1,071,764 1,501,326
Effect of exchange rate changes on cash and cash equivalents 5,878 (33,411) (29,581)
Net change in cash and cash equivalents 1,201,006 493,423 461,346
Cash and cash equivalents, beginning of the year 1,145,103 651,680 190,334
Cash and cash equivalents, end of the year 2,346,109 1,145,103 651,680
Supplemental cash flow information      
Interest paid 82,234 102,274 117,366
Income taxes paid 59,927 102,036 103,436
Non-cash investing and financial activities      
Operating expenses paid by related parties 85,837 68,679 84,842
Property, plant and equipment transferred from construction in progress 34,721 44,819
Liabilities assumed in connection with purchase of property, plant and equipment 133,229 295,280 46,786
Liabilities assumed in connection with acquisition of a subsidiary 91,826
Accounts payable settled with loans to related parties 490,388
Receivables from related parties settled with payables to related parties 169,906 92,402
Debt paid by the related party in lieu of repayment to the Company $ 125,225