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Consolidated Balance Sheets - USD ($)
Dec. 31, 2016
Dec. 31, 2015
CURRENT ASSETS    
Cash and equivalents $ 47,752,353 $ 41,749,388
Restricted cash 1,130,344
Accounts receivable 12,593,340 15,399,778
Current portion of investment in sales-type leases, net 8,101,583 6,679,019
Interest receivable on sales type leases 4,621,491 555,451
Prepaid expenses 682,781 1,179,778
Other receivables 560,468 553,886
Total current assets 74,312,016 67,247,644
NON-CURRENT ASSETS    
Investment in sales-type leases, net 49,161,943 133,079,634
Long term investment 641,897 950,470
Long term deposit 61,564 57,033
Property and equipment, net 12,558 17,724
Construction in progress 86,493,182 115,522,068
Total non-current assets 136,371,144 249,626,929
TOTAL ASSETS 210,683,160 316,874,573
CURRENT LIABILITIES    
Accounts payable 1,506,924 427,732
Notes payable - bank acceptances 1,130,344
Taxes payable 1,202,677 1,058,417
Accrued liabilities and other payables 1,596,580 3,199,395
Due to related parties 44,059 44,059
Deferred tax liability, net 1,097,111 1,538,105
Loans payable - current 720,773 6,159,911
Interest payable on entrusted loans 224,090 268,801
Current portion of entrusted loan payable 47,570,996 43,119,379
Total current liabilities 53,963,210 56,946,143
NONCURRENT LIABILITIES    
Deferred tax liability, net 1,968,241 10,771,348
Refundable deposit from customers for systems leasing 1,023,497 1,555,378
Loans payable 18,187,138
Entrusted loan payable 288,309 15,707,773
Total noncurrent liabilities 3,280,047 46,221,637
Total liabilities 57,243,257 103,167,780
CONTINGENCIES AND COMMITMENTS
STOCKHOLDERS' EQUITY    
Common stock, $0.001 par value; 100,000,000 shares authorized, 8,310,198 shares issued and outstanding as of December 31, 2016 and 2015, respectively 8,310 8,310
Additional paid in capital 111,789,166 111,789,166
Statutory reserve 14,296,223 13,823,789
Accumulated other comprehensive income (loss) (8,415,101) 3,210,315
Retained earnings 35,893,736 84,661,602
Total Company stockholders' equity 153,572,334 213,493,182
Noncontrolling interest (132,431) 213,611
Total equity 153,439,903 213,706,793
TOTAL LIABILITIES AND EQUITY $ 210,683,160 $ 316,874,573