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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Sep. 30, 2021
Dec. 31, 2020
Current Assets    
Cash $ 98,880,826 $ 94,222,538
Accounts receivable 13,433,116 6,521,798
Inventories, net 489,502 419,609
Prepayments and deposits 5,116,702 6,146,461
Other receivable 559 559
Total Current Assets 117,920,705 107,310,965
Non-Current Assets    
Property, plant and equipment, net 150,414,047 148,947,689
Finance lease right-of use assets 183,118 186,272
Operating lease right-of –use assets 8,328,584 8,868,661
Prepaid land leases, net of current portion 10,194,743 10,134,004
Deferred tax assets 17,397,924 18,590,227
Total non-current assets 186,518,416 186,726,853
Total Assets 304,439,121 294,037,818
Current Liabilities    
Accounts , other payable and accrued expenses 10,227,804 5,081,701
Taxes payable-current 2,223,200 1,326,179
Finance lease liability, current portion 191,719 217,070
Operating lease liabilities, current portion 474,695 477,350
Total Current Liabilities 13,117,418 7,102,300
Non-Current Liabilities    
Finance lease liability, net of current portion 1,740,499 1,888,903
Operating lease liabilities, net of current portion 7,357,483 8,022,342
Total Non-Current Liabilities 9,097,982 9,911,245
Total Liabilities 22,215,400 17,013,545
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; 10,515,307 and 10,043,307 shares issued; 10,469,477 and 9,997,477 shares outstanding as of September 30, 2021 and December 31, 2020, respectively 24,375 24,139
Treasury stock; 45,830 and 45,830  shares as of September 30, 2021 and December 31, 2020 at cost (510,329) (510,329)
Additional paid-in capital 100,569,160 97,435,316
Retained earnings unappropriated 151,576,627 151,388,356
Retained earnings appropriated 24,233,544 24,233,544
Accumulated other comprehensive loss 6,330,344 4,453,247
Total Stockholders’ Equity 282,223,721 277,024,273
Total Liabilities and Stockholders’ Equity $ 304,439,121 $ 294,037,818