10-Q Filing

SHARING ECONOMY INTERNATIONAL INC. CIK: 819926 Q3 2015

Filing Information

Form Type	10-Q
Accession Number	`0001213900-15-008513`
Period End Date	20150930
Filing Date	20151113
Fiscal Year	2015
Fiscal Period	Q3
XBRL Instance	cws-20150930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 80 Income Statement 96 Cash Flow Statement 76

Balance Sheet 80 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`	$7.84M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.71M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$18.67M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.11M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$582.33K	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$488.72K	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Notes receivable	`NotesAndLoansReceivableNetCurrent`	$114.03K	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Notes receivable	`NotesAndLoansReceivableNetCurrent`	$248.67K	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`	$17.16M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Accounts receivable, net of allowance for doubtful accounts	`AccountsReceivableNetCurrent`	$20.32M	USD	Point-in-time
Inventories, net of reserve for obsolete inventories	`InventoryNet`	$3.85M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	3.94M	shares	Point-in-time
Inventories, net of reserve for obsolete inventories	`InventoryNet`	$4.24M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	3.86M	shares	Point-in-time
Advances to suppliers	`Supplies`	$629.61K	USD	Point-in-time
Advances to suppliers	`Supplies`	$565.58K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	3.86M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	3.94M	shares	Point-in-time
Deferred tax assets	`DeferredTaxAssetsNetCurrent`	$363.01K	USD	Point-in-time
Deferred tax assets	`DeferredTaxAssetsNetCurrent`	$375.74K	USD	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$172.10K	USD	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$153.26K	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$34.09M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$41.68M	USD	Point-in-time
PROPERTY AND EQUIPMENT, net	`PropertyPlantAndEquipmentNet`	$61.30M	USD	Point-in-time
PROPERTY AND EQUIPMENT, net	`PropertyPlantAndEquipmentNet`	$69.63M	USD	Point-in-time
Equipment held for sale	`DisposalGroupIncludingDiscontinuedOperationPropertyPlantAndEquipment`	$408.22K	USD	Point-in-time
Equipment held for sale	`DisposalGroupIncludingDiscontinuedOperationPropertyPlantAndEquipment`	$422.54K	USD	Point-in-time
Land use rights, net	`FiniteLivedIntangibleAssetsNet`	$3.48M	USD	Point-in-time
Land use rights, net	`FiniteLivedIntangibleAssetsNet`	$3.67M	USD	Point-in-time
Total Assets	`Assets`	$106.87M	USD	Point-in-time
Total Assets	`Assets`	$107.81M	USD	Point-in-time
Short-term bank loans	`ShortTermBankLoansAndNotesPayable`	$3.10M	USD	Point-in-time
Short-term bank loans	`ShortTermBankLoansAndNotesPayable`	$3.15M	USD	Point-in-time
Bank acceptance notes payable	`NotesPayableToBankCurrent`	$488.72K	USD	Point-in-time
Bank acceptance notes payable	`NotesPayableToBankCurrent`	$582.33K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$4.01M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$4.32M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$556.35K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$1.06M	USD	Point-in-time
Advances from customers	`CustomerAdvancesCurrent`	$495.46K	USD	Point-in-time
Advances from customers	`CustomerAdvancesCurrent`	$837.41K	USD	Point-in-time
VAT and service taxes payable	`TaxesPayableCurrent`	$500.57K	USD	Point-in-time
VAT and service taxes payable	`TaxesPayableCurrent`	$169.91K	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	-	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$531.12K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$10.49M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$9.31M	USD	Point-in-time
Total Liabilities	`Liabilities`	$9.31M	USD	Point-in-time
Total Liabilities	`Liabilities`	$10.49M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock ($0.001 par value; 10,000,000 shares authorized; 0 share issued and outstanding at September 30, 2015 and December 31, 2014)	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock ($0.001 par value; 10,000,000 shares authorized; 0 share issued and outstanding at September 30, 2015 and December 31, 2014)	`PreferredStockValue`	-	USD	Point-in-time
Common stock ($0.001 par value; 50,000,000 shares authorized; 3,943,986 and 3,859,986 shares issued and outstanding at September 30, 2015 and December 31, 2014, respectively)	`CommonStockValue`	$3.86K	USD	Point-in-time
Common stock ($0.001 par value; 50,000,000 shares authorized; 3,943,986 and 3,859,986 shares issued and outstanding at September 30, 2015 and December 31, 2014, respectively)	`CommonStockValue`	$3.94K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$33.52M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$33.80M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$53.12M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$50.04M	USD	Point-in-time
Statutory reserve	`StatutoryAccountingPracticesStatutoryCapitalAndSurplusRequired`	$3.59M	USD	Point-in-time
Statutory reserve	`StatutoryAccountingPracticesStatutoryCapitalAndSurplusRequired`	$3.29M	USD	Point-in-time
Accumulated other comprehensive income - foreign currency translation adjustment	`AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax`	$7.05M	USD	Point-in-time
Accumulated other comprehensive income - foreign currency translation adjustment	`AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax`	$10.47M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$97.32M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$97.56M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$107.81M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$106.87M	USD	Point-in-time

Income Statement 96 line items

Line Item	Tag	Value	Unit	Period
REVENUES	`Revenues`	$55.41M	USD	3 Qtrs
REVENUES	`Revenues`	$42.86M	USD	3 Qtrs
REVENUES	`Revenues`	$20.25M	USD	1 Quarter
REVENUES	`Revenues`	$12.03M	USD	1 Quarter
COST OF REVENUES	`CostOfRevenue`	$35.09M	USD	3 Qtrs
COST OF REVENUES	`CostOfRevenue`	$15.57M	USD	1 Quarter
COST OF REVENUES	`CostOfRevenue`	$42.38M	USD	3 Qtrs
COST OF REVENUES	`CostOfRevenue`	$10.02M	USD	1 Quarter
GROSS PROFIT	`GrossProfit`	$13.03M	USD	3 Qtrs
GROSS PROFIT	`GrossProfit`	$4.68M	USD	1 Quarter
GROSS PROFIT	`GrossProfit`	$7.77M	USD	3 Qtrs
GROSS PROFIT	`GrossProfit`	$2.00M	USD	1 Quarter
Depreciation	`DepreciationNonproduction`	$148.37K	USD	1 Quarter
Depreciation	`DepreciationNonproduction`	$160.56K	USD	1 Quarter
Depreciation	`DepreciationNonproduction`	$672.66K	USD	3 Qtrs
Depreciation	`DepreciationNonproduction`	$376.64K	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$537.60K	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$825.38K	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$2.21M	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$2.59M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$87.45K	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$29.33K	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$81.19K	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$23.93K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$2.96M	USD	3 Qtrs
Total Operating Expenses	`OperatingExpenses`	$1.00M	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$722.10K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$3.05M	USD	3 Qtrs
INCOME FROM OPERATIONS	`OperatingIncomeLoss`	$9.98M	USD	3 Qtrs
INCOME FROM OPERATIONS	`OperatingIncomeLoss`	$4.81M	USD	3 Qtrs
INCOME FROM OPERATIONS	`OperatingIncomeLoss`	$3.67M	USD	1 Quarter
INCOME FROM OPERATIONS	`OperatingIncomeLoss`	$1.28M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$4.14K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$13.29K	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$30.15K	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$11.63K	USD	1 Quarter
Interest expense	`InterestExpense`	$60.49K	USD	1 Quarter
Interest expense	`InterestExpense`	$178.31K	USD	3 Qtrs
Interest expense	`InterestExpense`	$175.10K	USD	3 Qtrs
Interest expense	`InterestExpense`	$61.13K	USD	1 Quarter
Grant income	`RevenueFromGrants`	-	USD	1 Quarter
Grant income	`RevenueFromGrants`	$2.73K	USD	1 Quarter
Grant income	`RevenueFromGrants`	-	USD	3 Qtrs
Grant income	`RevenueFromGrants`	$34.82K	USD	3 Qtrs
Foreign currency transaction (loss)/gain	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	$2.00	USD	1 Quarter
Foreign currency transaction (loss)/gain	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	$-1.27K	USD	3 Qtrs
Foreign currency transaction (loss)/gain	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	USD	1 Quarter
Foreign currency transaction (loss)/gain	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	$11.00	USD	3 Qtrs
Other income	`OtherNonoperatingIncome`	-	USD	3 Qtrs
Other income	`OtherNonoperatingIncome`	-	USD	1 Quarter
Other income	`OtherNonoperatingIncome`	$67.67K	USD	3 Qtrs
Other income	`OtherNonoperatingIncome`	$33.80K	USD	1 Quarter
Total Other Income (Expense), net	`NonoperatingIncomeExpense`	$-19.81K	USD	1 Quarter
Total Other Income (Expense), net	`NonoperatingIncomeExpense`	$-61.27K	USD	3 Qtrs
Total Other Income (Expense), net	`NonoperatingIncomeExpense`	$-144.96K	USD	3 Qtrs
Total Other Income (Expense), net	`NonoperatingIncomeExpense`	$-49.50K	USD	1 Quarter
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.23M	USD	1 Quarter
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$9.92M	USD	3 Qtrs
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$3.65M	USD	1 Quarter
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$4.66M	USD	3 Qtrs
INCOME TAXES	`IncomeTaxExpenseBenefit`	$953.55K	USD	1 Quarter
INCOME TAXES	`IncomeTaxExpenseBenefit`	$2.60M	USD	3 Qtrs
INCOME TAXES	`IncomeTaxExpenseBenefit`	$326.36K	USD	1 Quarter
INCOME TAXES	`IncomeTaxExpenseBenefit`	$1.29M	USD	3 Qtrs
NET INCOME	`IncomeLossAttributableToParent`	$7.31M	USD	3 Qtrs
NET INCOME	`IncomeLossAttributableToParent`	$3.37M	USD	3 Qtrs
NET INCOME	`IncomeLossAttributableToParent`	$904.13K	USD	1 Quarter
NET INCOME	`IncomeLossAttributableToParent`	$2.70M	USD	1 Quarter
NET INCOME	`ComprehensiveIncomeNetOfTax`	$2.70M	USD	1 Quarter
NET INCOME	`ComprehensiveIncomeNetOfTax`	$904.13K	USD	1 Quarter
NET INCOME	`ComprehensiveIncomeNetOfTax`	$3.37M	USD	3 Qtrs
NET INCOME	`ComprehensiveIncomeNetOfTax`	$7.31M	USD	3 Qtrs
Unrealized foreign currency translation (loss)/gain	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$29.65K	USD	1 Quarter
Unrealized foreign currency translation (loss)/gain	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-4.22M	USD	1 Quarter
Unrealized foreign currency translation (loss)/gain	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-645.83K	USD	3 Qtrs
Unrealized foreign currency translation (loss)/gain	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-3.42M	USD	3 Qtrs
COMPREHENSIVE (LOSS) INCOME	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$6.67M	USD	3 Qtrs
COMPREHENSIVE (LOSS) INCOME	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$2.73M	USD	1 Quarter
COMPREHENSIVE (LOSS) INCOME	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-3.31M	USD	1 Quarter
COMPREHENSIVE (LOSS) INCOME	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-42.50K	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$1.99	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$0.23	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.86	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$0.70	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.86	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$1.99	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.23	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.70	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	3.94M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	3.86M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	3.67M	shares	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	3.94M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	3.94M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	3.67M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	3.86M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	3.94M	shares	1 Quarter

Cash Flow Statement 76 line items

Line Item	Tag	Value	Unit	Period
Net income	`IncomeLossAttributableToParent`	$7.31M	USD	3 Qtrs
Net income	`IncomeLossAttributableToParent`	$3.37M	USD	3 Qtrs
Net income	`IncomeLossAttributableToParent`	$904.13K	USD	1 Quarter
Net income	`IncomeLossAttributableToParent`	$2.70M	USD	1 Quarter
Depreciation	`Depreciation`	$2.16M	USD	1 Quarter
Depreciation	`Depreciation`	$6.25M	USD	3 Qtrs
Depreciation	`Depreciation`	$2.02M	USD	1 Quarter
Depreciation	`Depreciation`	$6.17M	USD	3 Qtrs
Amortization of land use rights	`AmortizationOfIntangibleAssets`	$71.97K	USD	3 Qtrs
Amortization of land use rights	`AmortizationOfIntangibleAssets`	$23.61K	USD	1 Quarter
Amortization of land use rights	`AmortizationOfIntangibleAssets`	$72.14K	USD	3 Qtrs
Amortization of land use rights	`AmortizationOfIntangibleAssets`	$24.00K	USD	1 Quarter
Amortization of prepaid expense	`AmortizationOfPrepaidExpenses`	$13.77K	USD	3 Qtrs
Amortization of prepaid expense	`AmortizationOfPrepaidExpenses`	-	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$271.66K	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$285.56K	USD	3 Qtrs
Notes receivable	`IncreaseDecreaseInNotesReceivableCurrent`	$-142.84K	USD	3 Qtrs
Notes receivable	`IncreaseDecreaseInNotesReceivableCurrent`	$461.46K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$2.55M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$729.43K	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$250.19K	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-2.96M	USD	3 Qtrs
Prepaid value-added taxes on purchases	`IncreaseDecreaseInPrepaidExpense`	-	USD	3 Qtrs
Prepaid value-added taxes on purchases	`IncreaseDecreaseInPrepaidExpense`	$256.69K	USD	3 Qtrs
Prepaid and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$21.11K	USD	3 Qtrs
Prepaid and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-11.28K	USD	3 Qtrs
Advances to suppliers	`IncreaseDecreaseInDeferredCharges`	$113.22K	USD	3 Qtrs
Advances to suppliers	`IncreaseDecreaseInDeferredCharges`	$-85.80K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-314.44K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-168.46K	USD	3 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-487.27K	USD	3 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-215.40K	USD	3 Qtrs
VAT and service taxes payable	`IncreaseDecreaseInPropertyAndOtherTaxesPayable`	$388.00	USD	3 Qtrs
VAT and service taxes payable	`IncreaseDecreaseInPropertyAndOtherTaxesPayable`	$-323.53K	USD	3 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-574.78K	USD	3 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-967.23K	USD	3 Qtrs
Advances from customers	`IncreaseDecreaseInCustomerAdvances`	$369.99K	USD	3 Qtrs
Advances from customers	`IncreaseDecreaseInCustomerAdvances`	$-1.22M	USD	3 Qtrs
NET CASH PROVIDED BY OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$9.79M	USD	3 Qtrs
NET CASH PROVIDED BY OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$11.30M	USD	3 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$12.57K	USD	3 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$10.82M	USD	3 Qtrs
NET CASH USED IN INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	$-10.82M	USD	3 Qtrs
NET CASH USED IN INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	$-12.57K	USD	3 Qtrs
Proceeds from bank loans	`ProceedsFromOtherShortTermDebt`	$3.09M	USD	3 Qtrs
Proceeds from bank loans	`ProceedsFromOtherShortTermDebt`	$4.55M	USD	3 Qtrs
Repayments of bank loans	`RepaymentsOfOtherShortTermDebt`	$4.38M	USD	3 Qtrs
Repayments of bank loans	`RepaymentsOfOtherShortTermDebt`	$3.09M	USD	3 Qtrs
(Increase) Decrease in restricted cash	`ProceedsFromRepaymentsOfRestrictedCashFinancingActivities`	$-113.62K	USD	3 Qtrs
(Increase) Decrease in restricted cash	`ProceedsFromRepaymentsOfRestrictedCashFinancingActivities`	$244.07K	USD	3 Qtrs
Increase (decrease) in bank acceptance notes payable	`ProceedsFromBankDebt`	$113.62K	USD	3 Qtrs
Increase (decrease) in bank acceptance notes payable	`ProceedsFromBankDebt`	$-244.07K	USD	3 Qtrs
Net proceeds from sale of common stock	`ProceedsFromIssuanceOfCommonStock`	$1.62M	USD	3 Qtrs
Net proceeds from sale of common stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	3 Qtrs
NET CASH PROVIDED BY FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$1.62M	USD	3 Qtrs
NET CASH PROVIDED BY FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$162.32K	USD	3 Qtrs
EFFECT OF EXCHANGE RATE ON CASH AND CASH EQUIVALENTS	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-2.58K	USD	3 Qtrs
EFFECT OF EXCHANGE RATE ON CASH AND CASH EQUIVALENTS	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-615.58K	USD	3 Qtrs
NET INCREASE IN CASH AND CASH EQUIVALENTS	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$592.43K	USD	3 Qtrs
NET INCREASE IN CASH AND CASH EQUIVALENTS	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$10.84M	USD	3 Qtrs
CASH AND CASH EQUIVALENTS - beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$7.84M	USD	Point-in-time
CASH AND CASH EQUIVALENTS - beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.71M	USD	Point-in-time
CASH AND CASH EQUIVALENTS - beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$18.67M	USD	Point-in-time
CASH AND CASH EQUIVALENTS - beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.11M	USD	Point-in-time
CASH AND CASH EQUIVALENTS - end of period	`CashAndCashEquivalentsAtCarryingValue`	$7.84M	USD	Point-in-time
CASH AND CASH EQUIVALENTS - end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.71M	USD	Point-in-time
CASH AND CASH EQUIVALENTS - end of period	`CashAndCashEquivalentsAtCarryingValue`	$18.67M	USD	Point-in-time
CASH AND CASH EQUIVALENTS - end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.11M	USD	Point-in-time
Interest	`InterestPaid`	$178.31K	USD	3 Qtrs
Interest	`InterestPaid`	$175.10K	USD	3 Qtrs
Income taxes	`IncomeTaxesPaid`	$3.57M	USD	3 Qtrs
Income taxes	`IncomeTaxesPaid`	$1.86M	USD	3 Qtrs
Property and equipment acquired on credit as payable	`IncreaseInPropertyInExchangeForIncreaseInPayable`	-	USD	3 Qtrs
Property and equipment acquired on credit as payable	`IncreaseInPropertyInExchangeForIncreaseInPayable`	$321.06K	USD	3 Qtrs
Common stock issued for future service	`CommonStockIssuedForFutureService`	$90.55K	USD	3 Qtrs
Common stock issued for future service	`CommonStockIssuedForFutureService`	-	USD	3 Qtrs

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