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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 16,998,804 15,858,804
Current portion of investment in sales-type leases, net 12,220,921 11,531,745
Interest receivable on sales type leases 9,845,608 9,619,278
Prepaid expenses 147,598 739,423
Other receivables 1,338,442 1,169,660
Total current assets 92,596,499 89,728,615
NON-CURRENT ASSETS    
Investment in sales-type leases, net 42,241,411 46,110,374
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 138,372,915 141,819,975
TOTAL ASSETS 230,969,414 231,548,590
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 1,500,680 2,157,414
Refundable deposit from customers for systems leasing 1,073,059 1,086,591
Total noncurrent liabilities 9,572,364 10,242,630
Total liabilities 79,636,912 76,514,143
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 14,561,911 14,525,712
Accumulated other comprehensive income (1,119,916) 860,553
Retained earnings 26,738,579 28,321,696
Total Company stockholders' equity 151,985,697 155,513,084
Noncontrolling interest (653,195) (478,637)
Total equity 151,332,502 155,034,447
TOTAL LIABILITIES AND EQUITY $ 230,969,414 $ 231,548,590