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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (USD $)
9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 14,989,553 $ 15,348,593
Adjustments to reconcile net income to net cash provided by operating activities:    
Interest on capital lease obligation 153,630 156,644
Amortization of prepaid land leases 435,642 419,180
Depreciation and amortization 20,602,061 20,568,172
Write-off/Impairment loss on property, plant and equipment 673,705 214
Loss from disposal of property, plant and equipment 9,866 0
Currency translation adjustment on inter-company balances (237,028) 556,325
Gain on relocation of factory 0 (1,877,779)
Demolition expenditure net off against gain on relocation of factory 0 (733,379)
Stock-based compensation expense 30,000 536,400
Changes in assets and liabilities:    
Accounts receivable (3,830,608) (4,801,147)
Inventories (22,314) 309,538
Prepayments and deposits (249,255) (9,375)
Accounts payable and accrued expenses 747,789 (310,091)
Retention payable 113,936 (1,287,006)
Taxes payable (940,835) 2,512,686
Net cash provided by operating activities 32,476,141 31,388,975
CASH FLOWS USED IN INVESTING ACTIVITIES    
Additions of prepaid land leases (664,106) (638,076)
Proceeds from sales of property, plant and equipment 21,514 143
Purchase of property, plant and equipment (6,459,250) (6,072)
Construction in progress 0 (307,635)
Net cash used in investing activities (7,101,842) (951,640)
CASH FLOWS USED IN FINANCING ACTIVITIES    
Repayment of capital lease obligation (304,806) (302,497)
Net cash used in financing activities (304,806) (302,497)
EFFECTS OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS (1,031,745) 1,828,730
NET INCREASE IN CASH AND CASH EQUIVALENTS 24,037,748 31,963,568
CASH AND CASH EQUIVALENTS - BEGINNING OF PERIOD 107,828,800 65,241,035
CASH AND CASH EQUIVALENTS - END OF PERIOD 131,866,548 97,204,603
Cash paid during the period for:    
Income taxes 5,865,449 3,348,327
SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES    
Issuance of common stock upon cashless exercise of options $ 73 $ 0