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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Cash Flows from Operating Activities:    
Net income $ 1,659,788 $ 7,312,976
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 14,633,780 15,287,509
Loss from impairment and disposal of property, plant and equipment 3,968,289 178,306
(Recovery from) Allowance for bad debts (45,309) 44,938
Share-based compensation expenses 1,417,395
Deferred tax (3,010,577) (1,959,494)
Changes in operating assets and liabilities:    
Accounts receivable 2,265,428 (2,246,882)
Prepayments and other current assets (79,264) 1,410,080
Inventories (2,417,942) 3,112,465
Accounts payable (166,464) 336,507
Advance from customers (29,663) 26,173
Notes payable 3,707,933 (11,273,279)
Due to a related party (300,621)
Accrued payroll and employee benefits 8,111 (300,275)
Other payables and accrued liabilities (1,503,275) 1,509,196
Income taxes payable (839,047) 722,528
Net Cash Provided by Operating Activities 18,151,788 15,277,522
Cash Flows from Investing Activities:    
Purchases of property, plant and equipment (9,380,702) (11,586,214)
Proceeds from sale of property, plant and equipment 59,066 41,185
Net Cash Used in Investing Activities (9,321,636) (11,545,029)
Cash Flows from Financing Activities:    
Proceeds from related party loans 3,020,208
Repayments of related party loans (6,026,416)
Proceeds from short term bank loans 12,903,609 6,463,347
Proceeds from credit union loans 2,373,077
Repayment of bank loans (11,153,463) (14,730,418)
Payment of capital lease obligation (9,040,260) (675,139)
(Increase in) Release of restricted cash (3,707,933) 8,267,072
Net Cash Used in Financing Activities (8,624,970) (3,681,346)
Effect of Exchange Rate Changes on Cash and Cash Equivalents 357,962 (360,418)
Net Increase (Decrease) in Cash and Cash Equivalents 563,144 (309,271)
Cash and Cash Equivalents - Beginning of Year 2,332,646 2,641,917
Cash and Cash Equivalents - End of Year 2,895,790 2,332,646
Supplemental Disclosure of Cash Flow Information:    
Cash paid for interest, net of capitalized interest cost 2,103,340 2,414,458
Cash paid for income taxes 4,512,453 4,351,538
Cash and bank balances 2,895,790 2,332,646
Restricted cash 6,121,637 2,162,318
Total cash, cash equivalents and restricted cash shown in the statement of cash flows $ 9,017,427 $ 4,494,964