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v3.10.0.1

Segment Reporting (Details) - USD ($) | 3 Months Ended | 6 Months Ended |
--- | --- | --- | ---
Jun. 30, 2018 | Jun. 30, 2017 | Jun. 30, 2018 | Jun. 30, 2017 | Dec. 31, 2017
Summarized financial information for reportable segments |  |  |  |  |
Revenues | $ 33,149,190 | $ 22,787,683 | $ 35,037,384 | $ 48,077,342 |
Gross profit | 3,015,422 | 3,464,666 | 2,320,114 | 9,118,586 |
Depreciation and amortization | 3,680,248 | 3,584,141 | 7,410,833 | 7,199,500 |
Loss from disposal of property, plant and equipment | 113 | (12,101) | (10,263) | (12,101) |
Interest income | (17,344) | 5,811 | 27,419 | 23,756 |
Interest expense | 407,182 | 696,530 | 810,993 | 1,375,614 |
Income tax expense(benefit) | (549,022) | 57,481 | (1,087,991) | 600,763 |
Net income (loss) | 109,994 | 15,917 | (3,976,282) | 1,723,786 |
Total Assets | 210,789,243 |  | 210,789,243 |  | $ 218,989,481
Dongfang Paper [Member] |  |  |  |  |
Summarized financial information for reportable segments |  |  |  |  |
Revenues | 33,135,162 | 22,787,683 | 35,023,356 | 48,077,342 |
Gross profit | 3,018,995 | 3,464,666 | 2,323,687 | 9,118,586 |
Depreciation and amortization | 3,492,033 | 3,359,013 | 7,030,192 | 6,750,301 |
Loss from disposal of property, plant and equipment | (113) |  | 10,263 |  |
Interest income | (17,447) | 4,510 | 27,168 | 22,219 |
Interest expense | 362,158 | 669,944 | 720,948 | 1,349,028 |
Income tax expense(benefit) | (491,642) | 135,756 | (964,278) | 823,326 |
Net income (loss) | 340,468 | 411,396 | (3,209,922) | 2,434,010 |
Total Assets | 185,996,162 |  | 185,996,162 |  | 192,620,887
Baoding Shengde [Member] |  |  |  |  |
Summarized financial information for reportable segments |  |  |  |  |
Revenues | 14,028 |  | 14,028 |  |
Gross profit | (3,573) |  | (3,573) |  |
Depreciation and amortization | 188,215 | 225,128 | 380,641 | 449,199 |
Loss from disposal of property, plant and equipment |  |  |  |  |
Interest income | 103 | 1,301 | 251 | 1,537 |
Interest expense | 45,024 | 26,586 | 90,045 | 26,586 |
Income tax expense(benefit) | (57,380) | (78,275) | (123,713) | (222,563) |
Net income (loss) | (175,962) | (193,304) | (374,686) | (290,927) |
Total Assets | 24,786,027 |  | 24,786,027 |  | 26,363,435
Not Attributable to Segments [Member] |  |  |  |  |
Summarized financial information for reportable segments |  |  |  |  |
Revenues |  |  |  |  |
Gross profit |  |  |  |  |
Depreciation and amortization |  |  |  |  |
Loss from disposal of property, plant and equipment |  |  |  |  |
Interest income |  |  |  |  |
Interest expense |  |  |  |  |
Income tax expense(benefit) |  |  |  |  |
Net income (loss) | (54,512) | (202,175) | (391,674) | (419,297) |
Total Assets | 7,054 |  | 7,054 |  | 5,159
Elimination of Inter-segment [Member] |  |  |  |  |
Summarized financial information for reportable segments |  |  |  |  |
Revenues |  |  |  |  |
Gross profit |  |  |  |  |
Depreciation and amortization |  |  |  |  |
Loss from disposal of property, plant and equipment |  |  |  |  |
Interest income |  |  |  |  |
Interest expense |  |  |  |  |
Income tax expense(benefit) |  |  |  |  |
Net income (loss) |  |  |  |  |
Total Assets |  |  |  |  |
Enterprise-wide, consolidated [Member] |  |  |  |  |
Summarized financial information for reportable segments |  |  |  |  |
Revenues | 33,149,190 | 22,787,683 | 35,037,384 | 48,077,342 |
Gross profit | 3,015,422 | 3,464,666 | 2,320,114 | 9,118,586 |
Depreciation and amortization | 3,680,248 | 3,584,141 | 7,410,833 | 7,199,500 |
Loss from disposal of property, plant and equipment | (113) |  | 10,263 |  |
Interest income | (17,344) | 5,811 | 27,419 | 23,756 |
Interest expense | 407,182 | 696,530 | 810,993 | 1,375,614 |
Income tax expense(benefit) | (549,022) | 57,481 | (1,087,991) | 600,763 |
Net income (loss) | 109,994 | $ 15,917 | (3,976,282) | $ 1,723,786 |
Total Assets | $ 210,789,243 |  | $ 210,789,243 |  | $ 218,989,481

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