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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
Sep. 30, 2019
Dec. 31, 2018
Current Assets    
Cash $ 105,218,569 $ 178,998,935
Accounts receivable 9,673,967 0
Inventories, net 680,650 0
Prepayments and deposits 1,375,450 8,096,636
Prepaid land leases 175,550 235,459
Other receivable 559 12,506
Total Current Assets 117,124,745 187,343,536
Non-Current Assets    
Property, plant and equipment, net 139,548,193 82,282,630
Finance lease right-of use assets 178,381 250,757
Operating lease right-of-use assets 8,817,327 0
Prepaid land leases, net of current portion 8,818,657 9,639,009
Deferred tax assets 13,459,527 19,030,858
Total non-current assets 170,822,085 111,203,254
Total Assets 287,946,830 298,546,790
Current Liabilities    
Payable and accrued expenses 3,870,516 905,258
Retention payable 3,753,447 332,416
Taxes payable-current 4,020,792 1,188,687
Finance lease liability, current portion 162,132 197,480
Operating lease liabilities, current portion 406,156 0
Total Current Liabilities 12,213,043 2,623,841
Non-Current Liabilities    
Finance lease liability, net of current portion 1,879,713 2,069,545
Operating lease liabilities, net of current portion 7,731,385 0
Total Non-Current Liabilities 9,611,098 2,069,545
Total Liabilities 21,824,141 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 47,052,940 shares issued; and 47,583,072 and 46,803,791 shares outstanding as of September 30, 2019 and December 31, 2018 23,904 23,525
Treasury stock; 229,149 and 249,149 shares as of September 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 166,937,574 185,608,445
Retained earnings appropriated 24,233,544 24,233,544
Accumulated other comprehensive loss (19,605,392) (10,478,048)
Total Stockholders' Equity 266,122,689 293,853,404
Total Liabilities and Stockholders' Equity $ 287,946,830 $ 298,546,790