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Consolidated Balance Sheets - USD ($)
Sep. 30, 2018
Dec. 31, 2017
CURRENT ASSETS    
Cash and equivalents $ 50,942,655 $ 49,830,243
Notes receivable 610,536 979,462
Accounts receivable 11,629,259 13,369,655
Current portion of investment in sales-type leases, net 12,689,105 13,076,516
Interest receivable on sales type leases 9,315,463 9,869,357
Prepaid expenses 32,320 739,423
Other receivables 5,417,891 3,064,451
Total current assets 90,637,229 90,929,107
NON-CURRENT ASSETS    
Investment in sales-type leases, net 89,537,233 100,628,588
Long term investment 463,571 514,896
Long term deposit 15,933 16,775
Property and equipment, net 35,246,886 11,957
Construction in progress 62,015,294 95,165,973
Total non-current assets 187,278,917 196,338,189
TOTAL ASSETS 277,916,146 287,267,296
CURRENT LIABILITIES    
Accounts payable 6,443,191 3,229,163
Taxes payable 2,916,240 2,423,780
Accrued liabilities and other payables 1,577,166 1,618,316
Due to related parties 41,168 43,623
Interest payable on entrusted loans 13,331,704 8,131,256
Current portion of entrusted loan payable 48,261,425 50,825,375
Total current liabilities 72,570,894 66,271,513
NONCURRENT LIABILITIES    
Convertible note payable, net of unamortized OID and debt issuing costs 1,007,767
Accrued interest on convertible note 18,996
Income tax payable 6,998,625 6,998,625
Deferred tax liability, net 6,937,015 8,635,151
Refundable deposit from customers for systems leasing 1,032,097 1,086,591
Total noncurrent liabilities 15,994,500 16,720,367
Total liabilities 88,565,394 82,991,880
CONTINGENCIES AND COMMITMENTS
STOCKHOLDERS' EQUITY    
Common stock, $0.001 par value; 100,000,000 shares authorized, 8,310,198 shares issued and outstanding respectively 8,310 8,310
Additional paid in capital 111,796,813 111,796,813
Statutory reserve 14,777,497 14,733,361
Accumulated other comprehensive income (loss) (8,923,637) 1,634,627
Retained earnings 72,408,280 76,580,942
Total Company stockholders' equity 190,067,263 204,754,053
Noncontrolling interest (716,511) (478,637)
Total equity 189,350,752 204,275,416
TOTAL LIABILITIES AND EQUITY $ 277,916,146 $ 287,267,296