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Consolidated Statements of Stockholders' Equity - USD ($) | Total | Common stock | Paid in capital | Statutory reserves | Other comprehensive income (loss) | Retained earning | Noncontrolling interest
--- | --- | --- | --- | --- | --- | --- | ---
Balance at Dec. 31, 2015 | $ 213,493,182 | $ 8,310 | $ 111,789,166 | $ 13,823,789 | $ 3,210,315 | $ 84,661,602 | $ 213,611
Balance, shares at Dec. 31, 2015 |  | 8,310,198 |  |  |  |  |
Net income for year | 1,827,171 |  |  |  |  | 1,827,171 | (347,136)
Transfer to statutory reserves |  |  |  | 650,135 |  | (650,135) |
Foreign currency translation loss | (13,754,741) |  |  |  | (13,754,741) |  | 1,094
Balance at Dec. 31, 2016 | 201,565,612 | $ 8,310 | 111,789,166 | 14,473,924 | (10,544,426) | 85,838,638 | (132,431)
Balance, shares at Dec. 31, 2016 |  | 8,310,198 |  |  |  |  |
Net income for year | (8,998,259) |  |  |  |  | (8,998,259) | (327,147)
Stock options issued | 7,647 |  | 7,647 |  |  |  |
Transfer to statutory reserves |  |  |  | 259,437 |  | (259,437) |
Foreign currency translation loss | 12,179,053 |  |  |  | 12,179,053 |  | (19,059)
Balance at Dec. 31, 2017 | $ 204,754,053 | $ 8,310 | $ 111,796,813 | $ 14,733,361 | $ 1,634,627 | $ 76,580,942 | $ (478,637)
Balance, shares at Dec. 31, 2017 |  | 8,310,198 |  |  |  |  |

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