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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
Mar. 31, 2013
Dec. 31, 2012
Current Assets:    
Cash and cash equivalents $ 4,750,468 $ 4,029,708
Banker's acceptances 1,180,864 101,570
Trade accounts receivable, less allowance for doubtful accounts of $4,333,411 and $4,429,945, respectively 62,697,675 66,175,570
Other receivables, less allowance for doubtful accounts of $50,592 and $49,881, respectively 255,292 80,799
Advances to suppliers 5,119,729 4,816,354
Inventory, less allowance for obsolescence of $1,779,729 and $1,769,984, respectively 33,260,226 36,359,516
Deferred tax assets 954,980 967,671
Total Current Assets 108,219,234 112,531,188
Advances for purchases of intangible assets 39,462,268 39,263,977
Property and equipment, net of accumulated depreciation of $4,511,658 and $4,273,373, respectively 9,288,259 9,031,894
Intangible assets, net of accumulated amortization of $3,097,224 and $2,944,726, respectively 2,289,851 2,412,854
TOTAL ASSETS 159,259,612 163,239,913
Current Liabilities:    
Trade accounts payable 2,978,636 2,841,862
Accrued expenses 240,003 202,185
Accrued taxes payable 514,245 2,426,826
Other payables 1,014,647 1,094,886
Advances from customers 1,735,917 1,945,984
Other payables - related parties 1,354,567 1,354,567
Short-term notes payable 4,787,285 4,761,073
Total Current Liabilities 12,625,300 14,627,383
Long-term deferred tax liability 110,286 95,963
Total Liabilities 12,735,586 14,723,346
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 43,579,557 shares outstanding, respectively 43,580 43,580
Additional paid-in capital 23,590,204 23,590,204
Retained earnings 106,092,017 108,904,325
Accumulated other comprehensive income 16,798,225 15,978,458
Total Stockholders' Equity 146,524,026 148,516,567
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 159,259,612 $ 163,239,913