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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
Jun. 30, 2012
Dec. 31, 2011
Current Assets:    
Cash and cash equivalents $ 4,871,551 $ 4,050,854
Banker's acceptances 460,276 83,512
Trade accounts receivable, less allowance for doubtful accounts of $4,107,021 and $3,536,405, respectively 71,360,940 69,695,556
Other receivables, less allowance for doubtful accounts of $47,175 and $38,921, respectively 81,958 55,039
Advances to suppliers 4,346,246 5,778,841
Inventory 36,399,386 30,378,658
Deferred tax assets 653,266 566,226
Total Current Assets 118,173,623 110,608,686
Advances for purchases of property and equipment 171,516 170,323
Advances for purchases of intangible assets 37,719,641 36,194,494
Property and equipment, net of accumulated depreciation of $3,839,492 and $3,391,124, respectively 6,022,326 6,334,817
Intangible assets, net of accumulated amortization of $3,368,430 and $3,041,804, respectively 2,798,916 3,082,671
TOTAL ASSETS 164,886,022 156,390,991
Current Liabilities:    
Trade accounts payable 4,904,523 3,112,385
Accrued expenses 161,761 184,017
Accrued taxes payable 3,265,640 3,082,353
Other payables 922,849 784,697
Advances from customers 2,196,244 1,784,474
Other payables - related parties 1,154,567 899,314
Short-term notes payable 3,959,267 3,931,745
Total Current Liabilities 16,564,851 13,778,985
Long-term deferred tax liability 157,192 128,909
Total Liabilities 16,722,043 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; 43,579,557 shares and 43,529,557 shares outstanding, respectively 43,580 43,530
Additional paid-in capital 23,590,204 23,448,534
Retained earnings 108,852,943 104,286,666
Accumulated other comprehensive income 15,677,252 14,704,367
Total Stockholders Equity 148,163,979 142,483,097
TOTAL LIABILITIES AND STOCKHOLDERS EQUITY $ 164,886,022 $ 156,390,991