XML 136 R33.htm IDEA: XBRL DOCUMENT v2.4.0.8

INCOME TAX (Tables)

6 Months Ended

Jun. 30, 2013

Income Tax Disclosure [Abstract]

Reconciliation of U.S. Statutory Rates to Effective Tax Rate

The following table reconciles the U.S. statutory rates to the Company’s effective tax rate for six and three months ended June 30, 2013 and 2012, respectively:

		Six Months								Three Months
		2013				2012				2013				2012
U.S. statutory rates			34.0	%			34.0	%			34.0	%			34.0	%
Tax rate difference – current provision			(9.9)	%			(11.8)	%			(9.5)	%			(15.5)	%
Effective tax holiday			-	%			(9.4)	%			-	%			(12.5)	%
Non tax-deductible expense			-	%			0.3	%			-	%			11.0	%
Effect of tax rate change on deferred tax items			6.3	%			-	%			11.5	%			-	%
Valuation allowance on US NOL			3.5	%			8.1	%			2.0	%			8.1	%
Tax per financial statements			33.9	%			21.2	%			38.0	%			25.1	%

Provision for Income Tax Expenses

The provision for income taxes expense for the six and three months ended June 30, 2013 and 2012 consisted of the following:

		Six Months						Three Months
		2013			2012			2013			2012
Income tax expense – current		$	2,307,055		$	375,010		$	1,698,403		$	176,787
Income tax expense benefit - deferred			1,419,815			567,071			668,413			277,902
Total income tax expense		$	3,726,870		$	942,081		$	2,366,816		$	454,689

X

- Definition

Reconciliation Of United States Federal Statutory Income Tax Rate To Effective Tax Rate [Table Text Block]

+ References

No definition available.

+ Details

Name:	creg_ReconciliationOfUnitedStatesFederalStatutoryIncomeTaxRateToEffectiveTaxRateTableTextBlock
Namespace Prefix:	creg_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Details

Name:	us-gaap_IncomeTaxDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section 50

-Paragraph 9

-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32639-109319

+ Details

Name:	us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration