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CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)
Common Stock
Treasury Stock
Additional Paid-In Capital
Retained Earnings Unappropriated
Retained Earnings Appropriated
Cumulative Translation Adjustment
Total
Begning Balance, Amount at Dec. 31, 2015 $ 23,139 $ (599,441) $ 94,124,065 $ 215,286,395 $ 20,340,436 $ 8,936,281 $ 338,110,875
Begning Balance, Number of shares issued at Dec. 31, 2015 46,276,269            
Begning Balance, Number of shares outstanding at Dec. 31, 2015 46,007,120            
Begning Balance, Number of shares treasury stock at Dec. 31, 2015 269,149            
Translation adjustment           (24,930,808) (24,930,808)
Common stock issued, Shares 10,000 (10,000)          
Common stock issued, Amount   $ 22,300 (7,300)       15,000
Cashless exercise of stock options, Amount $ 386   (386)        
Cashless exercise of stock options, Number of shares issued 776,671            
Cashless exercise of stock options, Number of shares outstanding 776,671            
Issuance of stock options to employees and directors     40,300       40,300
Net income for year ended       36,225,831     36,225,831
Transfer to statutory common reserve fund       (2,570,530) 2,570,530    
Ending Balance, Amount at Dec. 31, 2016 $ 23,525 $ (577,141) 94,156,679 248,941,696 22,910,966 (15,994,527) 349,461,198
Ending Balance, Number of shares issued at Dec. 31, 2016 47,052,940            
Ending Balance, Number of shares outstanding at Dec. 31, 2016 46,793,791            
Ending Balance, Number of shares treasury stock at Dec. 31, 2016 259,149            
Translation adjustment           24,157,485 24,157,485
Common stock issued, Shares 10,000 (10,000)          
Common stock issued, Amount   $ 22,271 (4,471)       17,800
Issuance of stock options to employees and directors     372,400       372,400
Net income for year ended       7,953,313     7,953,313
Transfer to statutory common reserve fund       (1,322,578) 1,322,578    
Ending Balance, Amount at Dec. 31, 2017 $ 23,525 $ (554,870) $ 94,524,608 $ 255,572,431 $ 24,233,544 $ 8,162,958 $ 381,962,196
Ending Balance, Number of shares issued at Dec. 31, 2017 47,052,940            
Ending Balance, Number of shares outstanding at Dec. 31, 2017 46,803,791            
Ending Balance, Number of shares treasury stock at Dec. 31, 2017 249,149