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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
Jun. 30, 2011
Dec. 31, 2010
Current Assets    
Cash and cash equivalents $ 6,279,126 $ 11,348,108
Notes receivable   308,539
Accounts receivable (net of allowance for doubtfulaccounts of $58,264 and $37,535 as of June 30, 2011 and December 31, 2010, respectively) 2,912,431 1,839,235
Inventories 6,152,227 7,422,518
Prepayments and other current assets 548,807 184,723
Total current assets 15,892,591 21,103,123
Prepayment on property, plant and equipment 7,117,438 6,957,258
Property, Plant, and Equipment, net 109,762,035 87,445,960
Total Assets 132,772,064 115,506,341
Current Liabilities    
Short-term bank loans 2,939,811 2,873,650
Current portion of long-term debt   2,008,530
Loan from related parties 2,088,813 2,041,804
Accounts payable 1,390,304 413,468
Accrued payroll and employee benefits 362,620 336,932
Other payables and accrued liabilities 1,480,589 2,363,686
Income taxes payable 1,914,248 1,717,127
Total current liabilities 10,176,385 11,755,197
Loan from credit union 5,593,378  
Loan from related parties 2,259,928 2,209,068
Total liabilities 18,029,691 13,964,265
Commitments and Contingencies    
Stockholders' Equity    
Common stock, 500,000,000 shares authorized, $0.001 par value per share, 18,350,191 and 18,344,811 sharesissued and outstanding as of June 30, 2011 andDecember 31, 2010, respectively 18,350 18,345
Additional paid-in capital 45,758,020 45,727,656
Statutory earnings reserve 5,661,587 5,661,587
Accumulated other comprehensive income 9,594,287 7,138,233
Retained earnings 53,710,129 42,996,255
Total stockholders' equity 114,742,373 101,542,076
Total Liabilities and Stockholders' Equity $ 132,772,064 $ 115,506,341