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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Cash Flows from Operating Activities:    
Net income $ (4,086,276) $ 1,707,869
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 3,730,585 3,615,359
Loss from disposal of property, plant and equipment 10,376
Allowance for bad debts (22,297) (16,112)
Share-based compensation expenses
Deferred tax (538,969) (578,139)
Changes in operating assets and liabilities:    
Accounts receivable 1,114,843 805,599
Prepayments and other current assets (2,535,170) (3,939,630)
Inventories (202,692) (2,358,426)
Accounts payable (129,770) (69,194)
Advance from customers (29,079)
Notes payable (2,374,507) 3,634,936
Due to a related party 39,575 36,349
Accrued payroll and employee benefits 66,867 127,180
Other payables and accrued liabilities 69,841 (1,228,505)
Income taxes payable (345,594)
Net Cash (Used in) Provided by Operating Activities (4,857,594) 1,362,613
Cash Flows from Investing Activities:    
Purchases of property, plant and equipment (707,162) (5,258,905)
Net Cash Used in Investing Activities (707,162) (5,258,905)
Cash Flows from Financing Activities:    
Proceeds from related party loans 4,749,015
Repayments of related party loans (9,498,029)
Proceeds from short term bank loans 9,972,931 9,887,026
Repayment of bank loans (4,432,414)
Payment of capital lease obligation (63,613)
Net Cash Provided by Financing Activities 791,503 9,823,413
Effect of Exchange Rate Changes on Cash and Cash Equivalents 471,899 23,654
Net (Decrease) Increase in Cash and Cash Equivalents (4,301,354) 5,950,775
Cash, Cash Equivalents and Restricted Cash - Beginning of Period 9,017,427 4,494,964
Cash, Cash Equivalents and Restricted Cash - End of Period 4,716,073 10,445,739
Supplemental Disclosure of Cash Flow Information:    
Cash paid for interest, net of capitalized interest cost 787,353 713,199
Cash paid for income taxes 1,467,016
Cash and bank balances 740,309 4,648,049
Restricted cash 3,975,764 5,797,690
Total cash, cash equivalents and restricted cash shown in the statement of cash flows $ 4,716,073 $ 10,445,739