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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
Mar. 31, 2012
Dec. 31, 2011
Current Assets:    
Cash and cash equivalents $ 3,319,806 $ 4,050,854
Banker's acceptances 365,285 83,512
Trade accounts receivable, less allowance for doubtful accounts of $3,876,469 and $3,536,405, respectively 73,546,111 69,695,556
Other receivables, less allowance for doubtful accounts of $41,106 and $38,921, respectively 75,604 55,039
Advances to suppliers 4,871,928 5,778,841
Inventory 34,323,345 30,378,658
Deferred tax assets 617,753 566,226
Total Current Assets 117,119,832 110,608,686
Advances for purchases of property and equipment 171,402 170,323
Advances for purchases of intangible assets 37,212,570 36,194,494
Property and equipment, net of accumulated depreciation of $3,624,697 and $3,391,124, respectively 6,170,744 6,334,817
Intangible assets, net of accumulated amortization of $3,213,631 and $3,041,804, respectively 2,949,625 3,082,671
TOTAL ASSETS 163,624,173 156,390,991
Current Liabilities:    
Trade accounts payable 5,853,875 3,112,385
Accrued expenses 145,212 184,017
Accrued taxes payable 3,544,878 3,082,353
Other payables 890,698 784,697
Advances from customers 2,015,380 1,784,474
Other payables related parties 861,563 899,314
Short-term notes payable 3,956,642 3,931,745
Total Current Liabilities 17,268,248 13,778,985
Long-term deferred tax liability 143,407 128,909
Total Liabilities 17,411,655 13,907,894
Stockholders Equity:    
Preferred stock, $0.001 par value; 5,000,000 shares authorized; no shares issued or outstanding 0 0
Common stock, $0.001 par value; 95,000,000 shares authorized; 43,529,557 shares and 43,529,557 shares outstanding, respectively 43,530 43,530
Additional paid in capital 23,505,022 23,448,534
Retained earnings 107,093,025 104,286,666
Accumulated other comprehensive income 15,570,941 14,704,367
Total Stockholders Equity 146,212,518 142,483,097
TOTAL LIABILITIES AND STOCKHOLDERS EQUITY $ 163,624,173 $ 156,390,991