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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
Mar. 31, 2012
Dec. 31, 2011
Current Assets    
Cash and cash equivalents $ 5,626,620 $ 4,165,446
Accounts receivable (net of allowance for doubtful accounts of $73,491 and $76,752 as of March 31, 2012 and December 31, 2011, respectively) 3,748,005 3,820,696
Inventories 7,897,958 10,007,928
Prepayments and other current assets 4,648,076 5,071,215
Total current assets 21,920,659 23,065,285
Prepayment on property, plant and equipment 7,280,209 7,241,472
Property, plant, and equipment, net 120,667,946 114,651,107
Total Assets 149,868,814 144,957,864
Current Liabilities    
Short-term bank loans 2,769,645 2,833,619
Loan from related parties 2,311,611 2,499,312
Accounts payable 99,397 2,766,554
Accrued payroll and employee benefits 260,000 308,290
Other payables and accrued liabilities 2,003,114 1,589,541
Income taxes payable 3,449,060 1,744,253
Total current liabilities 10,892,827 11,741,569
Loans from credit union 5,721,295 5,690,852
Total liabilities 16,614,122 17,432,421
Commitments and Contingencies      
Stockholders' Equity    
Common stock, 500,000,000 shares authorized, $0.001 par value per share, 18,459,775 and 18,350,191 shares issued and outstanding as of March 31, 2012 and December 31, 2011, respectively 18,460 18,350
Additional paid-in capital 46,135,975 45,758,020
Statutory earnings reserve 5,863,442 5,863,442
Accumulated other comprehensive income 12,112,060 11,442,567
Retained earnings 69,124,755 64,443,064
Total stockholders' equity 133,254,692 127,525,443
Total Liabilities and Stockholders' Equity $ 149,868,814 $ 144,957,864