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Consolidated Balance Sheets (USD $)
Dec. 31, 2013
Dec. 31, 2012
Current Assets    
Cash and cash equivalents $ 3,131,163 $ 13,140,288
Restricted cash 2,454,108 1,585,138
Accounts receivable (net of allowance for doubtful accounts of $67,592 and $57,643 as of December 31, 2013 and 2012, respectively) 3,327,494 2,836,335
Inventories 11,428,405 15,104,101
Prepayments and other current assets 1,068,031 5,401,705
Assets held for sale 4,130,590  
Deferred tax assets - current 413,537   
Total current assets 25,953,328 38,067,567
Prepayment on property, plant and equipment 1,492,098 1,445,645
Property, plant, and equipment, net 178,535,259 122,391,456
Recoverable VAT 3,277,188   
Deferred tax asset - non-current 268,329 941,656
Total Assets 209,526,202 162,846,324
Current Liabilities    
Short-term bank loans 6,544,288 3,962,844
Current portion of long-term loan from credit union 1,660,613 4,168,912
Current obligations under capital lease 8,264,795   
Accounts payable 926,571 1,012,906
Notes payable 4,908,216 3,170,276
Security deposit from a related party 1,636,072 1,075,606
Due to a related party 64,546   
Accrued payroll and employee benefits 498,010 292,638
Other payables and accrued liabilities 2,651,472 1,262,284
Income taxes payable 1,218,140 1,255,457
Total current liabilities 28,372,723 16,200,923
Loan from credit union 4,253,788 1,561,361
Loan from a related party 2,389,633 2,315,239
Deferred gain on sale-leaseback 1,160,271   
Long-term obligations under capital lease 12,296,639   
Total liabilities 48,473,054 20,077,523
Commitments and Contingencies      
Stockholders' Equity    
Common stock, 500,000,000 shares authorized, $0.001 par value per share, 18,753,900 and 18,459,775 shares issued and outstanding as of December 31, 2013 and 2012, respectively 18,754 18,460
Additional paid-in capital 46,909,543 46,135,975
Statutory earnings reserve 6,038,406 5,963,960
Accumulated other comprehensive income 17,146,308 12,327,439
Retained earnings 90,940,137 78,322,967
Total stockholders' equity 161,053,148 142,768,801
Total Liabilities and Stockholders' Equity $ 209,526,202 $ 162,846,324