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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
Mar. 31, 2019
Dec. 31, 2018
Current Assets    
Cash $ 179,653,141 $ 178,998,935
Accounts receivable 20,508 0
Inventories, net 0 0
Prepayments and deposits 1,383,052 8,096,636
Prepaid land leases 186,888 235,459
Other receivable 11,103 12,506
Total Current Assets 181,254,692 187,343,536
Non-Current Assets    
Property, plant and equipment, net 89,963,658 82,282,630
Finance lease right-of use assets 190,128 250,757
Operating lease right-of-use assets 9,520,317 0
Prepaid land leases, net of current portion 9,255,159 9,639,009
Deferred tax assets 20,795,664 19,030,858
Goodwill 0  
Total non-current assets 129,724,926 111,203,254
Total Assets 310,979,618 298,546,790
Current Liabilities    
Accounts payable and accrued expenses 3,433,204 905,258
Retention Payable 299,724 332,416
Taxes payable-current 807,742 1,188,687
Finance lease liability, current portion 240,021 197,480
Operating lease liabilities, current portion 416,656 0
Total Current Liabilities 5,197,347 2,623,841
Non-Current Liabilities    
Finance lease liability, net of current portion 2,109,459 2,069,545
Operating lease liabilities, net of current portion 8,535,596 0
Total Non-Current Liabilities 10,645,055 2,069,545
Total Liabilities 15,842,402 4,693,386
Stockholders Equity    
PREFERRED STOCK; $0.001 par value; 1,000,000 shares authorized; none outstanding 0 0
COMMON STOCK; $0.0005 par value; 80,000,000 shares authorized; 47,149,909 and 47,502,940 shares issued; and 46,920,760 and 46,803,791 shares outstanding as of March 31, 2019 and December 31, 2018, respectively 23,573 23,525
Treasury stock; 229,149and 249,149 shares as of March 31, 2019 and December 31, 2018 at cost (510,329) (554,870)
Additional paid-in capital 94,997,819 95,020,808
Retained earnings unappropriated 180,704,307 185,608,445
Retained earnings appropriated 24,233,544 24,233,544
Accumulated other comprehensive loss (4,311,698) (10,478,048)
Total Stockholders Equity 295,137,216 293,853,404
Total Liabilities and Stockholders Equity $ 310,979,618 $ 298,546,790