XML 32 R5.htm IDEA: XBRL DOCUMENT v3.3.1.900
Consolidated Statements of Changes in Stockholders' Equity - USD ($)
Total
Common Stock
Additional Paid-in Capital
Statutory Earnings Reserve
Accumulated Other Comprehensive Income
Retained Earnings
Balance at Dec. 31, 2012 $ 142,768,801 $ 18,460 $ 46,135,975 $ 5,963,960 $ 12,327,439 $ 78,322,967
Balance, Shares at Dec. 31, 2012   18,459,775        
Issuance of shares to officer and directors 790,020 $ 297 $ 789,723
Issuance of shares to officer and directors, Shares   297,000        
Foreign currency translation adjustment $ 4,818,869 $ 4,818,869
Transfer to statutory earnings reserve $ 74,446 $ (74,446)
Cancellation of certain 2011 director shares $ (16,158) $ (3) $ (16,155)
Cancellation of certain 2011 director shares, Shares   (2,875)        
Cash dividend paid (323,032) $ (323,032)
Net income 13,014,648 13,014,648
Balance at Dec. 31, 2013 161,053,148 $ 18,754 $ 46,909,543 $ 6,038,406 $ 17,146,308 $ 90,940,137
Balance, Shares at Dec. 31, 2013   18,753,900        
Issuance of shares 1,495,810 $ 1,562 1,494,248
Issuance of shares, Shares   1,562,500        
Issuance of warrants 815,191 $ 815,191
Foreign currency translation adjustment $ (125,143) $ (125,143)
Transfer to statutory earnings reserve $ 42,168 $ (42,168)
Net income $ 11,706,360 11,706,360
Balance at Dec. 31, 2014 174,945,366 $ 20,316 $ 49,218,982 $ 6,080,574 $ 17,021,165 $ 102,604,329
Balance, Shares at Dec. 31, 2014   20,316,400        
Foreign currency translation adjustment (10,678,146) $ (10,678,146)
Net income 11,542,205 $ 11,542,205
Balance at Dec. 31, 2015 $ 175,809,425 $ 20,316 $ 49,218,982 $ 6,080,574 $ 6,343,019 $ 114,146,534
Balance, Shares at Dec. 31, 2015   20,316,400