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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
Jun. 30, 2019
Dec. 31, 2018
Current Assets    
Cash $ 160,354,069 $ 178,998,935
Accounts receivable 6,714,820 0
Inventories, net 453,664 0
Prepayments and deposits 1,364,457 8,096,636
Prepaid land leases 176,264 235,459
Other receivable 10,886 12,506
Total Current Assets 169,074,160 187,343,536
Non-Current Assets    
Property, plant and equipment, net 121,296,991 82,282,630
Finance lease right-of use assets 184,875 250,757
Operating lease right-of-use assets 9,198,933 0
Prepaid land leases, net of current portion 9,077,501 9,639,009
Deferred tax assets 20,731,267 19,030,858
Total non-current assets 160,489,567 111,203,254
Total Assets 329,563,727 298,546,790
Current Liabilities    
Payable and accrued expenses 27,360,782 905,258
Retention Payable 2,006,764 332,416
Taxes payable-current 1,954,023 1,188,687
Finance lease liability, current portion 132,178 197,480
Operating lease liabilities, current portion 474,363 0
Total Current Liabilities 31,928,110 2,623,841
Non-Current Liabilities    
Finance lease liability, net of current portion 1,933,958 2,069,545
Operating lease liabilities, net of current portion 7,859,840 0
Total Non-Current Liabilities 9,793,798 2,069,545
Total Liabilities 41,721,908 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; 47,812,221 and 47,502,940 shares issued; and 47,583,072 and 46,803,791 shares outstanding as of June 30, 2019 and December 31, 2018 23,904 23,525
Treasury stock; 229,149 and 249,149 shares as of June 30, 2019 and December 31, 2018 at cost (510,329) (554,870)
Additional paid-in capital 95,043,388 95,020,808
Retained earnings unappropriated 179,966,601 185,608,445
Retained earnings appropriated 24,233,544 24,233,544
Accumulated other comprehensive loss (10,915,289) (10,478,048)
Total Stockholders Equity 287,841,819 293,853,404
Total Liabilities and Stockholders Equity $ 329,563,727 $ 298,546,790