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Consolidated Balance Sheets - USD ($)
Jun. 30, 2018
Dec. 31, 2017
CURRENT ASSETS    
Cash and equivalents $ 51,138,316 $ 49,830,243
Notes receivable 906,810 979,462
Accounts receivable 13,203,156 13,369,655
Current portion of investment in sales-type leases, net 14,234,089 13,076,516
Interest receivable on sales type leases 10,295,813 9,869,357
Prepaid expenses 147,598 739,423
Other receivables 4,735,493 3,064,451
Total current assets 94,661,275 90,929,107
NON-CURRENT ASSETS    
Investment in sales-type leases, net 95,238,937 100,628,588
Long term investment 488,249 514,896
Long term deposit 16,566 16,775
Property and equipment, net 9,766 11,957
Construction in progress 95,616,923 95,165,973
Total non-current assets 191,370,441 196,338,189
TOTAL ASSETS 286,031,716 287,267,296
CURRENT LIABILITIES    
Accounts payable 3,581,825 3,229,163
Taxes payable 2,770,023 2,423,780
Accrued liabilities and other payables 1,598,871 1,618,316
Due to related parties 41,152 43,623
Interest payable on entrusted loans 11,895,849 8,131,256
Current portion of entrusted loan payable 50,176,828 50,825,375
Total current liabilities 70,064,548 66,271,513
NONCURRENT LIABILITIES    
Income tax payable 6,998,625 6,998,625
Deferred tax liability, net 8,115,286 8,635,151
Refundable deposit from customers for systems leasing 1,073,059 1,086,591
Total noncurrent liabilities 16,186,970 16,720,367
Total liabilities 86,251,518 82,991,880
CONTINGENCIES AND COMMITMENTS
STOCKHOLDERS' EQUITY    
Common stock, $0.001 par value; 20,000,000 shares authorized 8,310 8,310
Additional paid in capital 111,796,813 111,796,813
Statutory reserve 14,791,889 14,733,361
Accumulated other comprehensive income (952,416) 1,634,627
Retained earnings 74,788,797 76,580,942
Total Company stockholders' equity 200,433,393 204,754,053
Noncontrolling interest (653,195) (478,637)
Total equity 199,780,198 204,275,416
TOTAL LIABILITIES AND EQUITY $ 286,031,716 $ 287,267,296