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CONDENSED CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME (Unaudited) (USD $)
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
NET REVENUE        
Net revenue $ 32,935,277 $ 24,530,332 $ 88,291,753 $ 79,653,852
OPERATING INCOME /EXPENSES        
Cost of net revenue (22,006,256) (17,099,890) (63,251,929) (55,605,423)
Sales, marketing and other operating expenses (25,378) (20,327) (70,796) (60,800)
Research and development cost (33,198) (28,478) (105,380) (133,802)
Write-off/Impairment on property, plant and equipment (214) (130,143) (214) (1,042,138)
General and administrative expenses (1,962,496) (1,707,863) (6,354,165) (5,190,934)
Gain on relocation of factory 1,877,779 0 1,877,779 0
Other operating income 107,006 85,250 489,695 218,428
Total Costs and Expenses (22,042,757) (18,901,451) (67,415,010) (61,814,669)
INCOME FROM OPERATIONS 10,892,520 5,628,881 20,876,743 17,839,183
OTHER INCOME (EXPENSE)        
Interest expense (50,643) (50,896) (157,232) (159,563)
Interest income 86,296 64,557 238,568 248,362
INCOME BEFORE TAXES 10,928,173 5,642,542 20,958,079 17,927,982
INCOME TAXES (2,818,444) (1,529,326) (5,609,486) (4,838,985)
NET INCOME 8,109,729 4,113,216 15,348,593 13,088,997
COMPREHENSIVE INCOME:        
Net income 8,109,729 4,113,216 15,348,593 13,088,997
OTHER COMPREHENSIVE INCOME        
Foreign currency translation adjustments 1,524,122 (721,067) 6,590,396 (1,759,171)
COMPREHENSIVE INCOME $ 9,633,851 $ 3,392,149 $ 21,938,989 $ 11,329,826
EARNINGS PER SHARE:        
BASIC $ 0.21 $ 0.12 $ 0.4 $ 0.38
DILUTED $ 0.21 $ 0.12 $ 0.4 $ 0.37
WEIGHTED AVERAGE NUMBER OF SHARES:        
BASIC 38,368,267 34,560,743 38,368,267 34,560,743
DILUTED 38,963,154 34,699,989 38,685,610 34,957,219