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Consolidated Balance Sheets (Unaudited) - USD ($)
Mar. 31, 2018
Dec. 31, 2017
CURRENT ASSETS    
Cash and equivalents $ 53,208,386 $ 49,830,243
Notes receivable 620,219 979,462
Accounts receivable 13,892,910 13,369,655
Current portion of investment in sales-type leases, net 14,462,637 13,076,516
Interest receivable on sales type leases 10,871,828 9,869,357
Prepaid expenses 457,058 739,423
Other receivables 4,166,751 3,064,451
Total current assets 97,679,789 90,929,107
NON-CURRENT ASSETS    
Investment in sales-type leases, net 102,418,107 100,628,588
Long term investment 514,354 514,896
Long term deposit 17,431 16,775
Property and equipment, net 12,381 11,957
Construction in progress 99,746,555 95,165,973
Total non-current assets 202,708,828 196,338,189
TOTAL ASSETS 300,388,617 287,267,296
CURRENT LIABILITIES    
Accounts payable 3,244,223 3,229,163
Taxes payable 2,623,770 2,423,780
Accrued liabilities and other payables 1,716,649 1,618,316
Due to related parties 41,129 43,623
Interest payable on entrusted loans 10,472,162 8,131,256
Current portion of entrusted loan payable 52,798,143 50,825,375
Total current liabilities 70,896,076 66,271,513
NONCURRENT LIABILITIES    
Income tax payable 6,998,625 6,998,625
Deferred tax liability, net 9,025,026 8,635,151
Refundable deposit from customers for systems leasing 1,129,117 1,086,591
Total noncurrent liabilities 17,152,768 16,720,367
Total liabilities 88,048,844 82,991,880
CONTINGENCIES AND COMMITMENTS
STOCKHOLDERS' EQUITY    
Common stock, $0.001 par value; 20,000,000 shares authorized, 8,310,198 shares issued and outstanding as of March 31, 2018 and December 31, 2017, respectively 8,310 8,310
Additional paid in capital 111,796,813 111,796,813
Statutory reserve 14,830,811 14,733,361
Accumulated other comprehensive income 9,965,698 1,634,627
Retained earnings 76,329,958 76,580,942
Total Company stockholders' equity 212,931,590 204,754,053
Noncontrolling interest (591,817) (478,637)
Total equity 212,339,773 204,275,416
TOTAL LIABILITIES AND EQUITY $ 300,388,617 $ 287,267,296