10-Q Filing

SHARING ECONOMY INTERNATIONAL INC. CIK: 819926 Q2 2014

Filing Information

Form Type	10-Q
Accession Number	`0001213900-14-005757`
Period End Date	20140630
Filing Date	20140814
Fiscal Year	2014
Fiscal Period	Q2
XBRL Instance	cws-20140630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 82 Income Statement 92 Cash Flow Statement 79

Balance Sheet 82 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.25M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.11M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.45M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.77M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$357.42K	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$687.35K	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Notes receivable	`NotesAndLoansReceivableNetCurrent`	$703.72K	USD	Point-in-time
Notes receivable	`NotesAndLoansReceivableNetCurrent`	$100.71K	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Accounts receivable, net of allowance for doubtful accounts	`AccountsReceivableNetCurrent`	$13.66M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts	`AccountsReceivableNetCurrent`	$15.23M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	3.86M	shares	Point-in-time
Inventories, net of reserve for obsolete inventories	`InventoryNet`	$7.92M	USD	Point-in-time
Inventories, net of reserve for obsolete inventories	`InventoryNet`	$4.73M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	3.50M	shares	Point-in-time
Advances to suppliers	`Supplies`	$695.25K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	3.50M	shares	Point-in-time
Advances to suppliers	`Supplies`	$675.37K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	3.86M	shares	Point-in-time
Prepaid VAT on purchases	`PrepaidTaxes`	$489.30K	USD	Point-in-time
Prepaid VAT on purchases	`PrepaidTaxes`	$112.23K	USD	Point-in-time
Deferred tax assets - current portion	`DeferredTaxAssetsNetCurrent`	$251.33K	USD	Point-in-time
Deferred tax assets - current portion	`DeferredTaxAssetsNetCurrent`	$253.17K	USD	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$74.03K	USD	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$260.35K	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$23.99M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$25.10M	USD	Point-in-time
PROPERTY AND EQUIPMENT, net	`PropertyPlantAndEquipmentNet`	$70.60M	USD	Point-in-time
PROPERTY AND EQUIPMENT, net	`PropertyPlantAndEquipmentNet`	$72.83M	USD	Point-in-time
Deferred tax assets - net of current portion	`DeferredTaxAssetsNetNoncurrent`	$1.21M	USD	Point-in-time
Deferred tax assets - net of current portion	`DeferredTaxAssetsNetNoncurrent`	$1.22M	USD	Point-in-time
Equipment held for operating lease, net	`DisposalGroupIncludingDiscontinuedOperationPropertyPlantAndEquipment`	$4.75M	USD	Point-in-time
Equipment held for operating lease, net	`DisposalGroupIncludingDiscontinuedOperationPropertyPlantAndEquipment`	$4.55M	USD	Point-in-time
Land use rights, net	`FiniteLivedIntangibleAssetsNet`	$3.79M	USD	Point-in-time
Land use rights, net	`FiniteLivedIntangibleAssetsNet`	$3.71M	USD	Point-in-time
Total Assets	`Assets`	$107.40M	USD	Point-in-time
Total Assets	`Assets`	$104.34M	USD	Point-in-time
Short-term bank loans	`ShortTermBankLoansAndNotesPayable`	$3.11M	USD	Point-in-time
Short-term bank loans	`ShortTermBankLoansAndNotesPayable`	$3.09M	USD	Point-in-time
Bank acceptance notes payable	`NotesPayableToBankCurrent`	$357.42K	USD	Point-in-time
Bank acceptance notes payable	`NotesPayableToBankCurrent`	$687.35K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$4.96M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$5.03M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$513.70K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$899.82K	USD	Point-in-time
Advances from customers	`CustomerAdvancesCurrent`	$386.99K	USD	Point-in-time
Advances from customers	`CustomerAdvancesCurrent`	$1.46M	USD	Point-in-time
VAT and service taxes payable	`TaxesPayableCurrent`	$126.35K	USD	Point-in-time
VAT and service taxes payable	`TaxesPayableCurrent`	$164.16K	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$460.47K	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$1.62M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$12.86M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$10.00M	USD	Point-in-time
Total Liabilities	`Liabilities`	$12.86M	USD	Point-in-time
Total Liabilities	`Liabilities`	$10.00M	USD	Point-in-time
Preferred stock ($0.001 par value; 10,000,000 shares authorized; 0 share issued and outstanding at June 30, 2014 and December 31, 2013)	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock ($0.001 par value; 10,000,000 shares authorized; 0 share issued and outstanding at June 30, 2014 and December 31, 2013)	`PreferredStockValue`	-	USD	Point-in-time
Common stock ($0.001 par value; 50,000,000 shares authorized; 3,859,986 and 3,503,502 shares issued and outstanding at June 30, 2014 and December 31, 2013, respectively)	`CommonStockValue`	$3.50K	USD	Point-in-time
Common stock ($0.001 par value; 50,000,000 shares authorized; 3,859,986 and 3,503,502 shares issued and outstanding at June 30, 2014 and December 31, 2013, respectively)	`CommonStockValue`	$3.86K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$31.53M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$33.52M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$50.45M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$46.32M	USD	Point-in-time
Statutory reserve	`StatutoryAccountingPracticesStatutoryCapitalAndSurplusRequired`	$3.23M	USD	Point-in-time
Statutory reserve	`StatutoryAccountingPracticesStatutoryCapitalAndSurplusRequired`	$2.74M	USD	Point-in-time
Accumulated other comprehensive income - foreign currency translation adjustment	`AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax`	$10.20M	USD	Point-in-time
Accumulated other comprehensive income - foreign currency translation adjustment	`AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax`	$10.87M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$97.40M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$91.48M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$104.34M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$107.40M	USD	Point-in-time

Income Statement 92 line items

Line Item	Tag	Value	Unit	Period
REVENUES	`Revenues`	$17.21M	USD	1 Quarter
REVENUES	`Revenues`	$35.16M	USD	2 Qtrs
REVENUES	`Revenues`	$31.10M	USD	2 Qtrs
REVENUES	`Revenues`	$17.53M	USD	1 Quarter
COST OF REVENUES	`CostOfRevenue`	$13.44M	USD	1 Quarter
COST OF REVENUES	`CostOfRevenue`	$13.24M	USD	1 Quarter
COST OF REVENUES	`CostOfRevenue`	$24.00M	USD	2 Qtrs
COST OF REVENUES	`CostOfRevenue`	$26.81M	USD	2 Qtrs
GROSS PROFIT	`GrossProfit`	$8.36M	USD	2 Qtrs
GROSS PROFIT	`GrossProfit`	$7.10M	USD	2 Qtrs
GROSS PROFIT	`GrossProfit`	$3.97M	USD	1 Quarter
GROSS PROFIT	`GrossProfit`	$4.08M	USD	1 Quarter
Depreciation	`DepreciationNonproduction`	$351.89K	USD	2 Qtrs
Depreciation	`DepreciationNonproduction`	$228.27K	USD	2 Qtrs
Depreciation	`DepreciationNonproduction`	$244.67K	USD	1 Quarter
Depreciation	`DepreciationNonproduction`	$118.41K	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$1.82M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$620.15K	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$1.36M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$935.72K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$1.05M	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$2.05M	USD	2 Qtrs
Total Operating Expenses	`OperatingExpenses`	$1.71M	USD	2 Qtrs
Total Operating Expenses	`OperatingExpenses`	$864.82K	USD	1 Quarter
INCOME FROM OPERATIONS	`OperatingIncomeLoss`	$3.11M	USD	1 Quarter
INCOME FROM OPERATIONS	`OperatingIncomeLoss`	$3.03M	USD	1 Quarter
INCOME FROM OPERATIONS	`OperatingIncomeLoss`	$6.31M	USD	2 Qtrs
INCOME FROM OPERATIONS	`OperatingIncomeLoss`	$5.39M	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$3.90K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$688.00	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$1.17K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$9.14K	USD	2 Qtrs
Interest expense	`InterestExpense`	$60.10K	USD	1 Quarter
Interest expense	`InterestExpense`	$64.53K	USD	1 Quarter
Interest expense	`InterestExpense`	$169.65K	USD	2 Qtrs
Interest expense	`InterestExpense`	$117.83K	USD	2 Qtrs
Grant income	`RevenueFromGrants`	$32.09K	USD	2 Qtrs
Grant income	`RevenueFromGrants`	-	USD	2 Qtrs
Grant income	`RevenueFromGrants`	-	USD	1 Quarter
Grant income	`RevenueFromGrants`	$199.00	USD	1 Quarter
Foreign currency transaction gain (loss)	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	$5.98K	USD	2 Qtrs
Foreign currency transaction gain (loss)	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	$5.98K	USD	1 Quarter
Foreign currency transaction gain (loss)	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	$-1.27K	USD	1 Quarter
Foreign currency transaction gain (loss)	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	$-1.27K	USD	2 Qtrs
Other income	`OtherSalesRevenueNet`	$33.87K	USD	2 Qtrs
Other income	`OtherSalesRevenueNet`	$8.15K	USD	1 Quarter
Other income	`OtherSalesRevenueNet`	$33.87K	USD	1 Quarter
Other income	`OtherSalesRevenueNet`	$37.08K	USD	2 Qtrs
Total Other Income (Expense), net	`NonoperatingIncomeExpense`	$-20.86K	USD	1 Quarter
Total Other Income (Expense), net	`NonoperatingIncomeExpense`	$-61.66K	USD	1 Quarter
Total Other Income (Expense), net	`NonoperatingIncomeExpense`	$-41.46K	USD	2 Qtrs
Total Other Income (Expense), net	`NonoperatingIncomeExpense`	$-137.38K	USD	2 Qtrs
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$3.05M	USD	1 Quarter
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$6.26M	USD	2 Qtrs
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$3.01M	USD	1 Quarter
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$5.26M	USD	2 Qtrs
INCOME TAXES	`IncomeTaxExpenseBenefit`	$1.31M	USD	2 Qtrs
INCOME TAXES	`IncomeTaxExpenseBenefit`	$791.55K	USD	1 Quarter
INCOME TAXES	`IncomeTaxExpenseBenefit`	$723.98K	USD	1 Quarter
INCOME TAXES	`IncomeTaxExpenseBenefit`	$1.65M	USD	2 Qtrs
NET INCOME	`IncomeLossAttributableToParent`	$2.22M	USD	1 Quarter
NET INCOME	`IncomeLossAttributableToParent`	$4.61M	USD	2 Qtrs
NET INCOME	`IncomeLossAttributableToParent`	$2.32M	USD	1 Quarter
NET INCOME	`IncomeLossAttributableToParent`	$3.95M	USD	2 Qtrs
NET INCOME	`ComprehensiveIncomeNetOfTax`	$2.32M	USD	1 Quarter
NET INCOME	`ComprehensiveIncomeNetOfTax`	$2.22M	USD	1 Quarter
NET INCOME	`ComprehensiveIncomeNetOfTax`	$4.61M	USD	2 Qtrs
NET INCOME	`ComprehensiveIncomeNetOfTax`	$3.95M	USD	2 Qtrs
Unrealized foreign currency translation gain (loss)	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-675.48K	USD	2 Qtrs
Unrealized foreign currency translation gain (loss)	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$1.22M	USD	1 Quarter
Unrealized foreign currency translation gain (loss)	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$1.65M	USD	2 Qtrs
Unrealized foreign currency translation gain (loss)	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$106.31K	USD	1 Quarter
COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$5.59M	USD	2 Qtrs
COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$3.94M	USD	2 Qtrs
COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$3.54M	USD	1 Quarter
COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$2.32M	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$1.35	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$0.61	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.79	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$1.29	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$1.29	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$1.35	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.79	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.61	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	3.63M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	2.96M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	2.93M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	3.57M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	3.63M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	2.96M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	3.57M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	2.93M	shares	2 Qtrs

Cash Flow Statement 79 line items

Line Item	Tag	Value	Unit	Period
Net income	`IncomeLossAttributableToParent`	$2.22M	USD	1 Quarter
Net income	`IncomeLossAttributableToParent`	$4.61M	USD	2 Qtrs
Net income	`IncomeLossAttributableToParent`	$2.32M	USD	1 Quarter
Net income	`IncomeLossAttributableToParent`	$3.95M	USD	2 Qtrs
Depreciation	`Depreciation`	$2.12M	USD	1 Quarter
Depreciation	`Depreciation`	$1.65M	USD	1 Quarter
Depreciation	`Depreciation`	$3.22M	USD	2 Qtrs
Depreciation	`Depreciation`	$4.08M	USD	2 Qtrs
Amortization of land use rights	`AmortizationOfIntangibleAssets`	$23.80K	USD	1 Quarter
Amortization of land use rights	`AmortizationOfIntangibleAssets`	$48.14K	USD	2 Qtrs
Amortization of land use rights	`AmortizationOfIntangibleAssets`	$47.31K	USD	2 Qtrs
Amortization of land use rights	`AmortizationOfIntangibleAssets`	$23.98K	USD	1 Quarter
Decrease in allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivablePeriodIncreaseDecrease`	-	USD	2 Qtrs
Decrease in allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivablePeriodIncreaseDecrease`	$-312.41K	USD	1 Quarter
Decrease in allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivablePeriodIncreaseDecrease`	$-312.41K	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$181.11K	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$132.96K	USD	2 Qtrs
Notes receivable	`IncreaseDecreaseInNotesReceivableCurrent`	$-599.39K	USD	2 Qtrs
Notes receivable	`IncreaseDecreaseInNotesReceivableCurrent`	$264.58K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-1.46M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-555.64K	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-518.19K	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$3.22M	USD	2 Qtrs
Prepaid value-added taxes on purchases	`IncreaseDecreaseInPrepaidExpense`	$-374.45K	USD	2 Qtrs
Prepaid value-added taxes on purchases	`IncreaseDecreaseInPrepaidExpense`	$192.84K	USD	2 Qtrs
Prepaid and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$60.24K	USD	2 Qtrs
Prepaid and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$5.55K	USD	2 Qtrs
Advances to suppliers	`IncreaseDecreaseInDeferredCharges`	$473.78K	USD	2 Qtrs
Advances to suppliers	`IncreaseDecreaseInDeferredCharges`	$-14.86K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-1.74M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-283.74K	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-409.48K	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-381.67K	USD	2 Qtrs
VAT and service taxes payable	`IncreaseDecreaseInPropertyAndOtherTaxesPayable`	$38.82K	USD	2 Qtrs
VAT and service taxes payable	`IncreaseDecreaseInPropertyAndOtherTaxesPayable`	$-34.23K	USD	2 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-1.15M	USD	2 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-63.58K	USD	2 Qtrs
Advances from customers	`IncreaseDecreaseInCustomerAdvances`	$-1.06M	USD	2 Qtrs
Advances from customers	`IncreaseDecreaseInCustomerAdvances`	$300.21K	USD	2 Qtrs
NET CASH PROVIDED BY OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$5.17M	USD	2 Qtrs
NET CASH PROVIDED BY OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$5.31M	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$5.82M	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$6.28M	USD	2 Qtrs
NET CASH USED IN INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	$-6.28M	USD	2 Qtrs
NET CASH USED IN INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	$-5.82M	USD	2 Qtrs
Principal payments on capital lease	`RepaymentsOfLongTermCapitalLeaseObligations`	-	USD	2 Qtrs
Principal payments on capital lease	`RepaymentsOfLongTermCapitalLeaseObligations`	$130.63K	USD	2 Qtrs
Proceeds from bank loans	`ProceedsFromOtherShortTermDebt`	$2.28M	USD	2 Qtrs
Proceeds from bank loans	`ProceedsFromOtherShortTermDebt`	$3.04M	USD	2 Qtrs
Repayments of bank loans	`RepaymentsOfOtherShortTermDebt`	$2.28M	USD	2 Qtrs
Repayments of bank loans	`RepaymentsOfOtherShortTermDebt`	$2.24M	USD	2 Qtrs
Decrease (increase) in restricted cash	`ProceedsFromRepaymentsOfRestrictedCashFinancingActivities`	$-1.31M	USD	2 Qtrs
Decrease (increase) in restricted cash	`ProceedsFromRepaymentsOfRestrictedCashFinancingActivities`	$325.75K	USD	2 Qtrs
(Decrease) increase in bank acceptance notes payable	`ProceedsFromBankDebt`	$-325.75K	USD	2 Qtrs
(Decrease) increase in bank acceptance notes payable	`ProceedsFromBankDebt`	$1.31M	USD	2 Qtrs
Net proceeds from sale of common stock	`ProceedsFromIssuanceOfCommonStock`	$1.62M	USD	2 Qtrs
Net proceeds from sale of common stock	`ProceedsFromIssuanceOfCommonStock`	$1.77M	USD	2 Qtrs
NET CASH PROVIDED BY FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$2.44M	USD	2 Qtrs
NET CASH PROVIDED BY FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$1.62M	USD	2 Qtrs
EFFECT OF EXCHANGE RATE ON CASH AND CASH EQUIVALENTS	`EffectOfExchangeRateOnCashAndCashEquivalents`	$27.35K	USD	2 Qtrs
EFFECT OF EXCHANGE RATE ON CASH AND CASH EQUIVALENTS	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-2.34K	USD	2 Qtrs
NET INCREASE IN CASH AND CASH EQUIVALENTS	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$1.81M	USD	2 Qtrs
NET INCREASE IN CASH AND CASH EQUIVALENTS	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$651.78K	USD	2 Qtrs
CASH AND CASH EQUIVALENTS - beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$3.25M	USD	Point-in-time
CASH AND CASH EQUIVALENTS - beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.11M	USD	Point-in-time
CASH AND CASH EQUIVALENTS - beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.45M	USD	Point-in-time
CASH AND CASH EQUIVALENTS - beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.77M	USD	Point-in-time
CASH AND CASH EQUIVALENTS - end of period	`CashAndCashEquivalentsAtCarryingValue`	$3.25M	USD	Point-in-time
CASH AND CASH EQUIVALENTS - end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.11M	USD	Point-in-time
CASH AND CASH EQUIVALENTS - end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.45M	USD	Point-in-time
CASH AND CASH EQUIVALENTS - end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.77M	USD	Point-in-time
Interest	`InterestPaid`	$169.65K	USD	2 Qtrs
Interest	`InterestPaid`	$117.83K	USD	2 Qtrs
Income taxes	`IncomeTaxesPaid`	$2.80M	USD	2 Qtrs
Income taxes	`IncomeTaxesPaid`	$1.37M	USD	2 Qtrs
Property and equipment acquired on credit as payable	`IncreaseInPropertyInExchangeForIncreaseInPayable`	$390.06K	USD	2 Qtrs
Property and equipment acquired on credit as payable	`IncreaseInPropertyInExchangeForIncreaseInPayable`	$840.28K	USD	2 Qtrs
Common stock issued for future service	`CommonStockIssuedForFutureServiceNonCash`	-	USD	2 Qtrs
Common stock issued for future service	`CommonStockIssuedForFutureServiceNonCash`	$181.11K	USD	2 Qtrs

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.