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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Cash Flows from Operating Activities:    
Net income $ 65,502 $ (5,381,244)
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 11,547,650 10,873,536
Loss from disposal and impairment of property, plant and equipment 10,026
Allowance for bad debts (339) (11,444)
Gain on acquisition of a subsidiary (30,518)
Deferred tax (1,853,728) (1,629,706)
Changes in operating assets and liabilities:    
Accounts receivable 16,894 572,184
Prepayments and other current assets 185,780 (3,528,818)
Inventories (4,307,754) 3,562,834
Accounts payable 254,749 (354,689)
Advance from customers 85,993
Notes payable (3,648,250) (2,294,280)
Related parties 367,277 114,714
Accrued payroll and employee benefits 33,334 (35,419)
Other payables and accrued liabilities 726,564 437,532
Income taxes payable 1,155,880 (525,502)
Net Cash Provided by Operating Activities 4,599,034 1,809,724
Cash Flows from Investing Activities:    
Purchases of property, plant and equipment (4,917,650) (1,812,280)
Acquisition of a subsidiary (1,531,531)
Net Cash Used in Investing Activities (6,449,181) (1,812,280)
Cash Flows from Financing Activities:    
Proceeds from related party loans 4,588,559
Repayments of related party loans (9,177,118)
Proceeds from short term bank loans 3,940,110 9,635,974
Proceeds from credit union loans 2,334,880
Repayment of bank loans (11,499,285) (4,282,655)
Net Cash (Used in) Provided by Financing Activities (5,224,295) 764,760
Effect of Exchange Rate Changes on Cash and Cash Equivalents (237,122) (677,172)
Net (Decrease) Increase in Cash and Cash Equivalents (7,311,564) 85,032
Cash, Cash Equivalents and Restricted Cash - Beginning of Period 12,117,425 9,017,427
Cash, Cash Equivalents and Restricted Cash - End of Period 4,805,861 9,102,459
Supplemental Disclosure of Cash Flow Information:    
Cash paid for interest, net of capitalized interest cost 659,613 1,409,695
Cash paid for income taxes 888,881 522,547
Cash and bank balances 4,805,861 5,468,315
Restricted cash 3,634,144
Total cash, cash equivalents and restricted cash shown in the statement of cash flows $ 4,805,861 $ 9,102,459