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v3.10.0.1

Segment Reporting (Details) - USD ($) | 3 Months Ended | 9 Months Ended |
--- | --- | --- | ---
Sep. 30, 2018 | Sep. 30, 2017 | Sep. 30, 2018 | Sep. 30, 2017 | Dec. 31, 2017
Summarized financial information for reportable segments |  |  |  |  |
Revenues | $ 26,723,657 | $ 33,507,053 | $ 61,761,041 | $ 81,584,395 |
Gross profit (loss) | 1,259,343 | 7,221,288 | 3,579,457 | 16,339,874 |
Depreciation and amortization | 3,462,703 | 3,729,002 | 10,873,536 | 10,928,502 |
Gain Loss from disposal of property, plant and equipment | 237 | (1,653,039) | (10,026) | (1,665,140) |
Interest income | 5,222 | 5,503 | 32,641 | 29,259 |
Interest expense | 372,276 | 647,963 | 1,183,269 | 2,023,577 |
Income tax expense(benefit) | (538,231) | 505,165 | (1,626,222) | 1,105,928 |
Net income (loss) | (1,404,962) | 1,572,335 | (5,381,244) | 3,296,121 |
Total assets | 200,906,424 |  | 200,906,424 |  | $ 218,989,481
Dongfang Paper [Member] |  |  |  |  |
Summarized financial information for reportable segments |  |  |  |  |
Revenues | 26,723,863 | 33,507,053 | 61,747,219 | 81,584,395 |
Gross profit (loss) | 1,259,143 | 7,221,288 | 3,582,830 | 16,339,874 |
Depreciation and amortization | 3,285,570 | 3,497,635 | 10,315,762 | 10,247,936 |
Gain Loss from disposal of property, plant and equipment | (237) | (1,653,039) | 10,026 | (1,665,140) |
Interest income | 5,155 | 3,548 | 32,323 | 25,767 |
Interest expense | 329,889 | 604,351 | 1,050,837 | 1,953,379 |
Income tax expense(benefit) | (483,685) | 579,232 | (1,447,963) | 1,402,558 |
Net income (loss) | (1,312,465) | 1,916,821 | (4,522,387) | 4,350,831 |
Total assets | 177,647,537 |  | 177,647,537 |  | 192,620,887
Baoding Shengde [Member] |  |  |  |  |
Summarized financial information for reportable segments |  |  |  |  |
Revenues | (206) |  | 13,822 |  |
Gross profit (loss) | 200 |  | (3,373) |  |
Depreciation and amortization | 177,133 | 231,367 | 557,774 | 680,566 |
Gain Loss from disposal of property, plant and equipment |  |  |  |  |
Interest income | 67 | 1,955 | 318 | 3,492 |
Interest expense | 42,387 | 43,612 | 132,432 | 70,198 |
Income tax expense(benefit) | (54,546) | (74,067) | (178,259) | (296,630) |
Net income (loss) | (167,199) | (225,778) | (541,885) | (516,705) |
Total assets | 23,235,074 |  | 23,235,074 |  | 26,363,435
Not Attributable to Segments [Member] |  |  |  |  |
Summarized financial information for reportable segments |  |  |  |  |
Revenues |  |  |  |  |
Gross profit (loss) |  |  |  |  |
Depreciation and amortization |  |  |  |  |
Gain Loss from disposal of property, plant and equipment |  |  |  |  |
Interest income |  |  |  |  |
Interest expense |  |  |  |  |
Income tax expense(benefit) |  |  |  |  |
Net income (loss) | 74,702 | (118,708) | (316,972) | (538,005) |
Total assets | 23,813 |  | 23,813 |  | 5,159
Elimination of Inter-segment [Member] |  |  |  |  |
Summarized financial information for reportable segments |  |  |  |  |
Revenues |  |  |  |  |
Gross profit (loss) |  |  |  |  |
Depreciation and amortization |  |  |  |  |
Gain 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 | 26,723,657 | 33,507,053 | 61,761,041 | 81,584,395 |
Gross profit (loss) | 1,259,343 | 7,221,288 | 3,579,457 | 16,339,874 |
Depreciation and amortization | 3,462,703 | 3,729,002 | 10,873,536 | 10,928,502 |
Gain Loss from disposal of property, plant and equipment | (237) | (1,653,039) | 10,026 | (1,665,140) |
Interest income | 5,222 | 5,503 | 32,641 | 29,259 |
Interest expense | 372,276 | 647,963 | 1,183,269 | 2,023,577 |
Income tax expense(benefit) | (538,231) | 505,165 | (1,626,222) | 1,105,928 |
Net income (loss) | (1,404,962) | $ 1,572,335 | (5,381,244) | $ 3,296,121 |
Total assets | $ 200,906,424 |  | $ 200,906,424 |  | $ 218,989,481

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