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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Cash Flows from Operating Activities:    
Net income $ (3,976,282) $ 1,723,786
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 7,410,833 7,199,500
Loss from disposal of property, plant and equipment 10,263 12,101
(Recovery from) Allowance for bad debts 19,075 (34,779)
Share-based compensation expenses
Deferred tax (1,091,557) (1,288,588)
Changes in operating assets and liabilities:    
Accounts receivable (953,735) 1,738,942
Prepayments and other current assets (2,319,121) (2,362,865)
Inventories 4,468,468 (4,609,040)
Accounts payable (291,710) (224,074)
Advance from customers (29,152)
Notes payable (2,348,520) 3,643,943
Due to related parties 78,284 72,879
Accrued payroll and employee benefits (4,929) 12,772
Other payables and accrued liabilities 684,864 (1,383,446)
Income taxes payable (537,772) (732,440)
Net Cash Provided by Operating Activities 1,148,161 3,739,539
Cash Flows from Investing Activities:    
Purchases of property, plant and equipment (1,233,667) (5,900,335)
Proceeds from sale of property, plant and equipment 24,522
Net Cash Used in Investing Activities (1,233,667) (5,875,813)
Cash Flows from Financing Activities:    
Proceeds from related party loans 4,697,041
Repayments of related party loans (9,394,082)
Proceeds from short term bank loans 9,863,786 9,911,525
Repayment of bank loans (4,383,905)
Proceeds from credit union loans 2,332,124
Payment of capital lease obligation (2,030,900)
Net Cash Provided by Financing Activities 782,840 10,212,749
Effect of Exchange Rate Changes on Cash and Cash Equivalents (191,101) 287,083
Net Increase in Cash and Cash Equivalents 506,233 8,363,558
Cash, Cash Equivalents and Restricted Cash - Beginning of Period 9,017,427 4,494,964
Cash, Cash Equivalents and Restricted Cash - End of Period 9,523,660 12,858,522
Supplemental Disclosure of Cash Flow Information:    
Cash paid for interest, net of capitalized interest cost 1,110,879 1,034,757
Cash paid for income taxes 534,901 2,621,791
Cash and bank balances 5,745,284 6,953,940
Restricted cash 3,778,376 5,904,582
Total cash, cash equivalents and restricted cash shown in the statement of cash flows $ 9,523,660 $ 12,858,522