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v3.20.1

Segment Reporting (Tables) | 12 Months Ended
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Dec. 31, 2019
Segment Reporting [Abstract] |
Schedule of Segment Reporting Information, by Segment [Table Text Block] |
|  | Year Ended |
|  | December 31, 2019 |
|  | Dongfang |  |  | Hebei |  |  | Baoding |  |  | Not Attributable |  |  | Elimination |  |  | Enterprise-wide, |
|  | Paper |  |  | Tengsheng |  |  | Shengde |  |  | to Segments |  |  | of Inter-segment |  |  | consolidated |
Revenues |  | $ | 113,072,638 |  |  | $ | 4,541,099 |  |  | $ | 1,149 |  |  | $ | - |  |  | $ | - |  |  | $ | 117,614,886 |
Gross profit |  |  | 15,722,266 |  |  |  | (2,030,942 | ) |  |  | (11,806 | ) |  |  | - |  |  |  | - |  |  |  | 13,679,518 |
Depreciation and amortization |  |  | 8,812,363 |  |  |  | 6,491,653 |  |  |  | 23 |  |  |  | - |  |  |  | - |  |  |  | 15,304,039 |
Loss from impairment and disposal of property, plant and equipment |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Interest income |  |  | 64,313 |  |  |  | 108 |  |  |  | 296 |  |  |  | - |  |  |  | - |  |  |  | 64,717 |
Interest expense |  |  | 758,177 |  |  |  | - |  |  |  | 168,191 |  |  |  | - |  |  |  | - |  |  |  | 926,368 |
Income tax expense(benefit) |  |  | 2,769,607 |  |  |  | (1,632,012 | ) |  |  | (76,239 | ) |  |  | 14,747 |  |  |  | - |  |  |  | 1,076,103 |
Net income (loss) |  |  | 8,302,244 |  |  |  | (5,444,598 | ) |  |  | (157,607 | ) |  |  | (478,857 | ) |  |  |  |  |  |  | 2,221,182 |
Total Assets |  |  | 73,347,811 |  |  |  | 99,747,236 |  |  |  | 17,031,392 |  |  |  | 71,991 |  |  |  | - |  |  |  | 190,198,430 |
|  | Year Ended |
|  | December 31, 2018 |
|  | Dongfang |  |  | Hebei |  |  | Baoding |  |  | Not Attributable |  |  | Elimination |  |  | Enterprise-wide, |
|  | Paper |  |  | Tengsheng |  |  | Shengde |  |  | to Segments |  |  | of Inter-segment |  |  | consolidated |
Revenues |  | $ | 86,733,136 |  |  | $ | - |  |  | $ | 13,622 |  |  | $ | - |  |  | $ | - |  |  | $ | 86,746,758 |
Gross profit (loss) |  |  | 5,823,725 |  |  |  | - |  |  |  | (3,324 | ) |  |  | - |  |  |  | - |  |  |  | 5,820,401 |
Depreciation and amortization |  |  | 13,557,960 |  |  |  | - |  |  |  | 732,959 |  |  |  | - |  |  |  | - |  |  |  | 14,290,919 |
Loss from disposal of property, plant and equipment |  |  | 9,881 |  |  |  | - |  |  |  | 3,894,461 |  |  |  | - |  |  |  | - |  |  |  | 3,904,342 |
Interest income |  |  | 36,234 |  |  |  | - |  |  |  | 398 |  |  |  | - |  |  |  | - |  |  |  | 36,632 |
Interest expense |  |  | 1,318,252 |  |  |  | - |  |  |  | 173,867 |  |  |  | - |  |  |  | - |  |  |  | 1,492,119 |
Income tax expense(benefit) |  |  | (1,623,468 | ) |  |  | - |  |  |  | (235,649 | ) |  |  | 8,189 |  |  |  | - |  |  |  | (1,850,928 | )
Net income (loss) |  |  | (5,029,497 | ) |  |  | - |  |  |  | (4,612,001 | ) |  |  | (904,186 | ) |  |  | - |  |  |  | (10,545,684 | )
Total assets |  |  | 183,987,100 |  |  |  | - |  |  |  | 19,068,788 |  |  |  | 20,122 |  |  |  | - |  |  |  | 203,076,010 |

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=108376223&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8721-108599 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8906-108599 + Details
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