XML 71 R44.htm IDEA: XBRL DOCUMENT v3.3.1.900
Segment Reporting (Tables)
12 Months Ended
Dec. 31, 2015
Segment Reporting [Abstract]  
Summarized financial information for reportable segments

  Years Ended 
  December 31, 2015 
  Orient Paper  Orient Paper  Not Attributable  Elimination  Enterprise-wide, 
  HB  Shengde  to Segments  of Inter-segment  consolidated 
                
Revenues $134,927,208  $375,965  $-  $-  $135,303,173 
Gross Profit (Loss)  28,104,243   (243,638)  -   -   27,860,605 
Depreciation and amortization  10,623,900   2,775,090   -   -   13,398,990 
Interest income  68,752   1,567   -   -   70,319 
Interest expense  3,157,524   -   -   -   3,157,524 
Income tax expense(benefit)  4,334,168   (211,203)  -   -   4,122,965 
Net Income (Loss)  13,108,044   (738,844)  (826,995)  -   11,542,205 
Total Assets  205,117,348   33,500,731   8,840   -   238,626,919 

 

  Years Ended 
  December 31, 2014 
  Orient Paper  Orient Paper  Not Attributable  Elimination  Enterprise-wide, 
  HB  Shengde  to Segments  of Inter-segment  consolidated 
                
Revenues $133,967,031  $4,829,046  $-  $(1,754,630) $137,041,447 
Gross Profit  20,401,820   2,376,328   -   -   22,778,148 
Depreciation and amortization  5,467,593   2,821,727   -   -   8,289,320 
Interest income  145,590   4,193   -   -   149,783 
Interest expense  1,446,439   -   -   -   1,446,439 
Income tax expense  4,337,424   95,080   -   -   4,432,504 
Net Income (Loss)  11,299,155   1,900,145   (1,492,940)  -   11,706,360 
Total Assets  201,518,707   38,160,199   88,679   -   239,767,585 

 

  Year Ended 
  December 31, 2013 
  Orient Paper  Orient Paper  Not Attributable  Elimination  Enterprise-wide, 
  HB  Shengde  to Segments  of Inter-segment  consolidated 
                
Revenues $120,747,633  $4,969,997  $-  $-  $125,717,630 
Gross Profit  22,318,739   1,006,860   -   -   23,325,599 
Depreciation and amortization  6,828,970   965,773   -   -   7,794,743 
Interest income  86,168   4,009   83   -   90,260 
Interest expense  995,694       -   -   995,694 
Income tax expense  4,845,970   248,565   -   -   5,094,535 
Net Income (Loss)  14,604,244   638,031   (2,227,627)  -   13,014,648