XML 93 R38.htm IDEA: XBRL DOCUMENT

Segment Reporting (Tables)

3 Months Ended

Mar. 31, 2015

Summarized financial information for reportable segments

	Three Months Ended
	March 31, 2015
	Orient Paper			Orient Paper			Not Attributable			Elimination		Enterprise-wide,
	HB			Shengde			to Segments			of Inter-segment		consolidated

Revenues	$	26,504,344		$	-		$	-		$	-	$	26,504,344
Gross Profit		4,986,733			-			-			-		4,986,733
Depreciation and amortization		2,262,688			252,196			-			-		2,514,884
Interest income		48,316			492			-			-		48,808
Interest expense		(648,218	)		-			-			-		(648,218	)
Income tax expense		(874,254	)		68,769			-			-		(805,485	)
Net Income (Loss)		2,638,118			(231,747	)		(300,882	)		-		2,105,489
Total Assets		198,799,547			38,556,591			30,284			-		237,386,422

	Three Months Ended
	March 31, 2014
	Orient Paper		Orient Paper		Not Attributable			Elimination		Enterprise-wide,
	HB		Shengde		to Segments			of Inter-segment		consolidated

Revenues	$	24,459,708	$	1,294,156	$	-		$	-	$	25,753,864
Gross Profit		4,314,871		355,965		-			-		4,670,836
Depreciation and amortization		1,270,737		668,057		-			-		1,938,794
Interest income		4,906		491		-			-		5,397
Interest expense		275,292		-		-			-		275,292
Income tax expense		870,365		88,366		-			-		958,731
Net Income (Loss)		2,645,585		229,793		(342,084	)		-		2,533,294

	Year Ended
	December 31, 2014
	Orient Paper		Orient Paper		Not Attributable		Elimination		Enterprise-wide,
	HB		Shengde		to Segments		of Inter-segment		consolidated

Total Assets	$	200,764,663	$	38,914,243	$	88,679	$	-	$	239,767,585

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References+ Details