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Consolidated Balance Sheets (Unaudited) - 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 16,042,004 15,858,804
Current portion of investment in sales-type leases, net 10,304,074 11,531,745
Interest receivable on sales type leases 8,784,273 9,619,278
Prepaid expenses 32,320 739,423
Other receivables 1,350,886 1,169,660
Total current assets 88,066,748 89,728,615
NON-CURRENT ASSETS    
Investment in sales-type leases, net 38,969,098 46,110,374
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 136,710,782 141,819,975
TOTAL ASSETS 224,777,530 231,548,590
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 525,434 2,157,414
Refundable deposit from customers for systems leasing 1,032,097 1,086,591
Total noncurrent liabilities 9,582,919 10,242,630
Total liabilities 82,153,813 76,514,143
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 14,525,712 14,525,712
Accumulated other comprehensive income (loss) (7,230,147) 860,553
Retained earnings 24,239,540 28,321,696
Total Company stockholders' equity 143,340,228 155,513,084
Noncontrolling interest (716,511) (478,637)
Total equity 142,623,717 155,034,447
TOTAL LIABILITIES AND EQUITY $ 224,777,530 $ 231,548,590