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CONSOLIDATED BALANCE SHEETS (USD $)
Dec. 31, 2012
Dec. 31, 2011
Current Assets:    
Cash and cash equivalents $ 4,029,708 $ 4,050,854
Banker's acceptances 101,570 83,512
Trade accounts receivable, less allowance for doubtful accounts of $4,429,945 and $3,536,405, respectively 66,175,570 69,695,556
Other receivables, less allowance for doubtful accounts of $49,881 and $38,921, respectively 80,799 55,039
Advances to suppliers 4,816,354 5,778,841
Inventory: 36,359,516 30,378,658
Deferred tax assets 967,671 566,226
Total Current Assets 112,531,188 110,608,686
Advances for purchases of property and equipment 0 170,323
Advances for purchases of intangible assets: 39,263,977 36,194,494
Property and equipment, net of accumulated depreciation of $4,273,373 and $3,391,124, respectively 9,031,894 6,334,817
Intangible assets, net of accumulated amortization of $2,944,726 and $3,041,804, respectively 2,412,854 3,082,671
TOTAL ASSETS 163,239,913 156,390,991
Current Liabilities:    
Trade accounts payable 2,841,862 3,112,385
Accrued expenses 202,185 184,017
Accrued taxes payable 2,426,826 3,082,353
Other payables 1,094,886 822,448
Advances from customers 1,945,984 1,784,474
Other payables - related parties 1,354,567 861,563
Short-term notes payable 4,761,073 3,931,745
Total Current Liabilities 14,627,383 13,778,985
Long-term deferred tax liability 95,963 128,909
Total Liabilities 14,723,346 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 108,904,325 104,286,666
Accumulated other comprehensive income 15,978,458 14,704,367
Total Stockholders' Equity 148,516,567 142,483,097
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 163,239,913 $ 156,390,991