10-K Filing

LIANDI CLEAN TECHNOLOGY INC. CIK: 1353386 FY 2011

Filing Information

Form Type	10-K
Accession Number	`0001144204-12-039399`
Period End Date	20120331
Filing Date	20120713
Fiscal Year	2011
Fiscal Period	FY
XBRL Instance	lndt-20120331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 96 Income Statement 84 Cash Flow Statement 86 Stockholders Equity 24

Balance Sheet 96 line items

Line Item	Tag	Value	Unit	Period
Allowance for accounts receivable (in dollars)	`AllowanceForDoubtfulAccountsReceivablesExcludingAllowanceForOtherReceivablesCurrent`	-	USD	Point-in-time
Allowance for accounts receivable (in dollars)	`AllowanceForDoubtfulAccountsReceivablesExcludingAllowanceForOtherReceivablesCurrent`	-	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$59.24M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$73.24M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$86.00M	USD	Point-in-time
Allowance for other receivables (in dollars)	`AllowanceForDoubtfulOtherReceivablesCurrent`	-	USD	Point-in-time
Allowance for other receivables (in dollars)	`AllowanceForDoubtfulOtherReceivablesCurrent`	-	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$4.12M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$3.89M	USD	Point-in-time
Notes receivable	`NotesAndLoansReceivableNetCurrent`	-	USD	Point-in-time
Notes receivable	`NotesAndLoansReceivableNetCurrent`	$545.52K	USD	Point-in-time
Accounts receivable, net of $nil allowance	`AccountsReceivableNetCurrent`	$12.29M	USD	Point-in-time
Accounts receivable, net of $nil allowance	`AccountsReceivableNetCurrent`	$20.09M	USD	Point-in-time
Inventories	`InventoryNet`	$5.92M	USD	Point-in-time
Inventories	`InventoryNet`	$4.22M	USD	Point-in-time
Prepayments to suppliers	`AdvancesOnInventoryPurchases`	$6.92M	USD	Point-in-time
Prepayments to suppliers	`AdvancesOnInventoryPurchases`	$9.47M	USD	Point-in-time
Prepaid expenses and deposits	`PrepaidExpensesAndDeposits`	$452.65K	USD	Point-in-time
Prepaid expenses and deposits	`PrepaidExpensesAndDeposits`	$1.61M	USD	Point-in-time
Other receivables, net of $nil allowance	`OtherReceivablesNetCurrent`	$462.35K	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Other receivables, net of $nil allowance	`OtherReceivablesNetCurrent`	$6.47M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, share authorized	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Pledged trading securities	`MarketableSecuritiesEquitySecuritiesCurrent`	$7.08K	USD	Point-in-time
Pledged trading securities	`MarketableSecuritiesEquitySecuritiesCurrent`	$11.59K	USD	Point-in-time
Common stock, share authorized	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Due from a related party	`RelatedPartyTransactionDueFromToRelatedPartyCurrent`	$401.82K	USD	Point-in-time
Common stock, share issued	`CommonStockSharesIssued`	36.44M	shares	Point-in-time
Common stock, share issued	`CommonStockSharesIssued`	30.93M	shares	Point-in-time
Due from a related party	`RelatedPartyTransactionDueFromToRelatedPartyCurrent`	-	USD	Point-in-time
Common stock, share outstanding	`CommonStockSharesOutstanding`	36.44M	shares	Point-in-time
Prepaid land use rights - current portion	`PrepaidLandUseRightCurrentPortion`	-	USD	Point-in-time
Prepaid land use rights - current portion	`PrepaidLandUseRightCurrentPortion`	$47.90K	USD	Point-in-time
Common stock, share outstanding	`CommonStockSharesOutstanding`	30.93M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$107.73M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$128.45M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentOther`	$11.31M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentOther`	$908.85K	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$4.32M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$4.79M	USD	Point-in-time
Investment in and advance to equity method affiliate	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$39.97M	USD	Point-in-time
Investment in and advance to equity method affiliate	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	-	USD	Point-in-time
Prepaid land use rights - non-current portion	`PrepaidLandUseRightNonCurrentPortion`	$1.83M	USD	Point-in-time
Prepaid land use rights - non-current portion	`PrepaidLandUseRightNonCurrentPortion`	-	USD	Point-in-time
Deposit for land use rights	`DepositsForLandUseRights`	$1.36M	USD	Point-in-time
Deposit for land use rights	`DepositsForLandUseRights`	-	USD	Point-in-time
Construction in progress	`ConstructionInProgressGross`	-	USD	Point-in-time
Construction in progress	`ConstructionInProgressGross`	$860.74K	USD	Point-in-time
Goodwill	`Goodwill`	-	USD	Point-in-time
Goodwill	`Goodwill`	$365.53K	USD	Point-in-time
Total assets	`Assets`	$128.24M	USD	Point-in-time
Total assets	`Assets`	$173.65M	USD	Point-in-time
Short term bank loans	`ShortTermBorrowings`	$9.52M	USD	Point-in-time
Short term bank loans	`ShortTermBorrowings`	$2.68M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.74M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$4.05M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$2.21M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$1.26M	USD	Point-in-time
Other payables and accrued expenses	`AccruedLiabilitiesCurrentExcludingPreferredStockDividendsPayable`	$7.19M	USD	Point-in-time
Other payables and accrued expenses	`AccruedLiabilitiesCurrentExcludingPreferredStockDividendsPayable`	$15.44M	USD	Point-in-time
Provision for income tax	`AccruedIncomeTaxesCurrent`	$635.14K	USD	Point-in-time
Provision for income tax	`AccruedIncomeTaxesCurrent`	$3.50M	USD	Point-in-time
Due to shareholders	`DueToOfficersOrStockholdersCurrent`	$8.05M	USD	Point-in-time
Due to shareholders	`DueToOfficersOrStockholdersCurrent`	$9.46M	USD	Point-in-time
Due to noncontrolling interests	`DueToOtherRelatedPartiesClassifiedCurrent`	$4.14M	USD	Point-in-time
Due to noncontrolling interests	`DueToOtherRelatedPartiesClassifiedCurrent`	-	USD	Point-in-time
Preferred stock dividend payable	`DividendsPayableCurrent`	$416.70K	USD	Point-in-time
Preferred stock dividend payable	`DividendsPayableCurrent`	$922.41K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$34.55M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$36.66M	USD	Point-in-time
Deferred tax liability	`DeferredTaxLiabilitiesNoncurrent`	$7.80M	USD	Point-in-time
Deferred tax liability	`DeferredTaxLiabilitiesNoncurrent`	$675.26K	USD	Point-in-time
Total liabilities	`Liabilities`	$42.35M	USD	Point-in-time
Total liabilities	`Liabilities`	$37.34M	USD	Point-in-time
Commitments and Contingencies (Notes 20 and 27)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies (Notes 20 and 27)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock (par value: $0.001 per share; 50,000,000 shares authorized; 36,444,850 and 30,926,880 shares issued and outstanding at March 31, 2012 and 2011, respectively)	`CommonStockValue`	$36.45K	USD	Point-in-time
Common stock (par value: $0.001 per share; 50,000,000 shares authorized; 36,444,850 and 30,926,880 shares issued and outstanding at March 31, 2012 and 2011, respectively)	`CommonStockValue`	$30.93K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$24.29M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$38.56M	USD	Point-in-time
Statutory reserves	`StatutoryAccountingPracticesRetainedEarningsNotAvailableForDividends`	$1.19M	USD	Point-in-time
Statutory reserves	`StatutoryAccountingPracticesRetainedEarningsNotAvailableForDividends`	$1.19M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$86.59M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$43.51M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$4.93M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$1.88M	USD	Point-in-time
Total LianDi Clean stockholders' equity	`StockholdersEquity`	$70.90M	USD	Point-in-time
Total LianDi Clean stockholders' equity	`StockholdersEquity`	$131.31M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	-	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$5.93M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$76.83M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$46.37M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$131.31M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$128.24M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$173.65M	USD	Point-in-time

Income Statement 84 line items

Line Item	Tag	Value	Unit	Period
Sales and installation of equipment	`SalesAndInstallationOfEquipment`	$103.39M	USD	Annual
Sales and installation of equipment	`SalesAndInstallationOfEquipment`	$94.56M	USD	Annual
Sales of software	`SalesOfSoftware`	$17.47M	USD	Annual
Sales of software	`SalesOfSoftware`	$14.67M	USD	Annual
Services	`SalesRevenueServicesNet`	$215.18K	USD	Annual
Services	`SalesRevenueServicesNet`	$3.62M	USD	Annual
Sales of industrial chemicals	`SaleOfIndustrialChemicals`	$12.03M	USD	Annual
Sales of industrial chemicals	`SaleOfIndustrialChemicals`	$22.57M	USD	Annual
Total net revenues	`SalesRevenueNet`	$140.84M	USD	Annual
Total net revenues	`SalesRevenueNet`	$127.68M	USD	Annual
Cost of equipment sold	`CostOfEquipmentSold`	$-84.08M	USD	Annual
Cost of equipment sold	`CostOfEquipmentSold`	$-80.61M	USD	Annual
Amortization of intangibles	`CostOfSoftwareCopyrightAmortization`	$-607.95K	USD	Annual
Amortization of intangibles	`CostOfSoftwareCopyrightAmortization`	$-638.17K	USD	Annual
Cost of software	`CostOfSoftware`	$-4.48M	USD	Annual
Cost of software	`CostOfSoftware`	$-5.49M	USD	Annual
Cost of industrial chemicals	`CostOfIndustrialChemicalsSold`	$-20.88M	USD	Annual
Cost of industrial chemicals	`CostOfIndustrialChemicalsSold`	$-11.16M	USD	Annual
Cost of Revenue	`CostOfRevenue`	$-96.89M	USD	Annual
Cost of Revenue	`CostOfRevenue`	$-111.06M	USD	Annual
Gross profit	`GrossProfit`	$30.79M	USD	Annual
Gross profit	`GrossProfit`	$29.78M	USD	Annual
Selling expenses	`SellingExpense`	$-2.59M	USD	Annual
Selling expenses	`SellingExpense`	$-2.30M	USD	Annual
General and administrative expenses	`GeneralAndAdministrativeExpense`	$-3.30M	USD	Annual
General and administrative expenses	`GeneralAndAdministrativeExpense`	$-3.73M	USD	Annual
Research and development cost	`ResearchAndDevelopmentExpense`	$-258.30K	USD	Annual
Research and development cost	`ResearchAndDevelopmentExpense`	$-346.52K	USD	Annual
Total operating expenses	`OperatingExpenses`	$-6.24M	USD	Annual
Total operating expenses	`OperatingExpenses`	$-6.29M	USD	Annual
Income from operations	`OperatingIncomeLoss`	$24.55M	USD	Annual
Income from operations	`OperatingIncomeLoss`	$23.50M	USD	Annual
Interest income	`InvestmentIncomeInterest`	$122.40K	USD	Annual
Interest income	`InvestmentIncomeInterest`	$43.46K	USD	Annual
Interest and bank charges	`InterestExpense`	$597.65K	USD	Annual
Interest and bank charges	`InterestExpense`	$604.39K	USD	Annual
Exchange losses, net	`ForeignCurrencyTransactionGainLossBeforeTax`	$-598.43K	USD	Annual
Exchange losses, net	`ForeignCurrencyTransactionGainLossBeforeTax`	$-887.19K	USD	Annual
Value added tax refund	`ValueAddedTaxRefund`	-	USD	Annual
Value added tax refund	`ValueAddedTaxRefund`	$1.94M	USD	Annual
Gain on deconsolidation of subsidiary	`DeconsolidationGainOrLossAmount`	-	USD	Annual
Gain on deconsolidation of subsidiary	`DeconsolidationGainOrLossAmount`	$30.41M	USD	Annual
Other	`OtherNonoperatingIncome`	$131.80K	USD	Annual
Other	`OtherNonoperatingIncome`	$603.53K	USD	Annual
Total other income (expenses), net	`NonoperatingIncomeExpense`	$29.10M	USD	Annual
Total other income (expenses), net	`NonoperatingIncomeExpense`	$1.46M	USD	Annual
Income before income tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$53.65M	USD	Annual
Income before income tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$24.96M	USD	Annual
Income tax expense	`IncomeTaxExpenseBenefit`	$-10.66M	USD	Annual
Income tax expense	`IncomeTaxExpenseBenefit`	$-519.72K	USD	Annual
Income before equity in earnings of equity method affiliate	`IncomeLossFromContinuingOperationsAfterIncomeTaxesBeforeMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$24.44M	USD	Annual
Income before equity in earnings of equity method affiliate	`IncomeLossFromContinuingOperationsAfterIncomeTaxesBeforeMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$42.99M	USD	Annual
Equity in earnings of equity method affiliate	`IncomeLossFromEquityMethodInvestments`	$1.28M	USD	Annual
Equity in earnings of equity method affiliate	`IncomeLossFromEquityMethodInvestments`	-	USD	Annual
NET INCOME	`ProfitLoss`	$44.27M	USD	Annual
NET INCOME	`ProfitLoss`	$24.44M	USD	Annual
Loss (income) attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-80.82K	USD	Annual
Loss (income) attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$295.28K	USD	Annual
Net income attributable to LianDi Clean stockholders	`NetIncomeLoss`	$24.14M	USD	Annual
Net income attributable to LianDi Clean stockholders	`NetIncomeLoss`	$44.35M	USD	Annual
Preferred stock deemed dividend	`TemporaryEquityDividendsAdjustment`	$-4.01M	USD	Annual
Preferred stock deemed dividend	`TemporaryEquityDividendsAdjustment`	-	USD	Annual
Preferred stock dividend	`ContigentlyRedeemablePreferredStockDividends`	$-1.82M	USD	Annual
Preferred stock dividend	`ContigentlyRedeemablePreferredStockDividends`	$-1.27M	USD	Annual
Net income available to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$18.31M	USD	Annual
Net income available to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$43.09M	USD	Annual
Net income attributable to LianDi Clean stockholders	`NetIncomeLoss`	$24.14M	USD	Annual
Net income attributable to LianDi Clean stockholders	`NetIncomeLoss`	$44.35M	USD	Annual
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$3.05M	USD	Annual
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$1.81M	USD	Annual
Comprehensive income attributable to LianDi Clean stockholders	`ComprehensiveIncomeNetOfTax`	$47.40M	USD	Annual
Comprehensive income attributable to LianDi Clean stockholders	`ComprehensiveIncomeNetOfTax`	$25.96M	USD	Annual
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-482.46K	USD	Annual
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-9.53K	USD	Annual
TOTAL COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$26.44M	USD	Annual
TOTAL COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$47.41M	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.61	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.35	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.22	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.61	USD	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	29.94M	shares	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	31.94M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	30.18M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	36.44M	shares	Annual

Cash Flow Statement 86 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$44.27M	USD	Annual
Net income	`ProfitLoss`	$24.44M	USD	Annual
Depreciation of property, plant and equipment	`Depreciation`	$654.27K	USD	Annual
Depreciation of property, plant and equipment	`Depreciation`	$958.33K	USD	Annual
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$670.92K	USD	Annual
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$658.31K	USD	Annual
Loss on disposal of fixed assets	`GainLossOnDispositionOfAssets`	$-2.33K	USD	Annual
Loss on disposal of fixed assets	`GainLossOnDispositionOfAssets`	-	USD	Annual
Deferred tax liability	`DeferredIncomeTaxesAndTaxCredits`	$7.57M	USD	Annual
Deferred tax liability	`DeferredIncomeTaxesAndTaxCredits`	$-40.51K	USD	Annual
Changes in fair value of pledged trading securities	`IncreaseDecreaseInFairValueOfPledgedTradingSecurities`	-	USD	Annual
Changes in fair value of pledged trading securities	`IncreaseDecreaseInFairValueOfPledgedTradingSecurities`	$4.52K	USD	Annual
Equity in earnings of equity method affiliate	`IncomeLossFromEquityMethodInvestments`	$1.28M	USD	Annual
Equity in earnings of equity method affiliate	`IncomeLossFromEquityMethodInvestments`	-	USD	Annual
Gain on deconsolidation of subsidiary	`DeconsolidationGainOrLossAmount`	-	USD	Annual
Gain on deconsolidation of subsidiary	`DeconsolidationGainOrLossAmount`	$30.41M	USD	Annual
Share-based payments	`ShareBasedCompensation`	$406.00K	USD	Annual
Share-based payments	`ShareBasedCompensation`	$201.91K	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$7.25M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$11.58M	USD	Annual
Notes receivable	`IncreaseDecreaseInNotesReceivableCurrent`	$202.89K	USD	Annual
Notes receivable	`IncreaseDecreaseInNotesReceivableCurrent`	$155.78K	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$3.12M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$3.76M	USD	Annual
Prepayments to suppliers	`IncreaseDecreaseInAdvancesOnInventoryPurchasesCurrent`	$4.86M	USD	Annual
Prepayments to suppliers	`IncreaseDecreaseInAdvancesOnInventoryPurchasesCurrent`	$6.65M	USD	Annual
Deferred costs, prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.03M	USD	Annual
Deferred costs, prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$3.90M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$3.09M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$-47.51K	USD	Annual
Deferred revenue, other payables and accruals	`IncreaseDecreaseInDeferredRevenueAndCustomerAdvancesAndDeposits`	$2.39M	USD	Annual
Deferred revenue, other payables and accruals	`IncreaseDecreaseInDeferredRevenueAndCustomerAdvancesAndDeposits`	$328.03K	USD	Annual
Income tax payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$2.99M	USD	Annual
Income tax payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$561.96K	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$12.86M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$2.06M	USD	Annual
Purchase of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.18M	USD	Annual
Purchase of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$105.83K	USD	Annual
Payment for construction in progress	`PaymentsForConstructionInProcess`	-	USD	Annual
Payment for construction in progress	`PaymentsForConstructionInProcess`	$2.93M	USD	Annual
Cash outflow due to deconsolidation of Anhui Jucheng (note1)	`CashDivestedFromDeconsolidation`	$5.36M	USD	Annual
Cash outflow due to deconsolidation of Anhui Jucheng (note1)	`CashDivestedFromDeconsolidation`	-	USD	Annual
Acquisition of subsidiaries, net of cash and cash equivalents acquired (note 1)	`CashAcquiredFromAcquisition`	-	USD	Annual
Acquisition of subsidiaries, net of cash and cash equivalents acquired (note 1)	`CashAcquiredFromAcquisition`	$2.39M	USD	Annual
Payment of deposit for land use rights	`PaymentOfDepositForLandUseRights`	$1.26M	USD	Annual
Payment of deposit for land use rights	`PaymentOfDepositForLandUseRights`	$2.11M	USD	Annual
Advance to related parties	`RepaymentFromAdvancesToRelatedParties`	-	USD	Annual
Advance to related parties	`RepaymentFromAdvancesToRelatedParties`	$395.60K	USD	Annual
Advance to other entities	`RepaymentFromAdvancesToOtherEntities`	$1.62M	USD	Annual
Advance to other entities	`RepaymentFromAdvancesToOtherEntities`	$5.63M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.68M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-16.54M	USD	Annual
Decrease (increase) in restricted cash	`ProceedsFromRepaymentsOfRestrictedCashFinancingActivities`	$-1.11M	USD	Annual
Decrease (increase) in restricted cash	`ProceedsFromRepaymentsOfRestrictedCashFinancingActivities`	$274.70K	USD	Annual
Repayment of short term bank loans	`RepaymentsOfShortTermDebt`	$5.31M	USD	Annual
Repayment of short term bank loans	`RepaymentsOfShortTermDebt`	$596.03K	USD	Annual
New short term bank loans	`NewBankLoans`	-	USD	Annual
New short term bank loans	`NewBankLoans`	$14.19M	USD	Annual
Capital contributions received in advance from new shareholders of Anhui Jucheng (note 1)	`CapitalContributionsReceivedInAdvanceFromNewShareholdersOfAnhuiJucheng`	-	USD	Annual
Capital contributions received in advance from new shareholders of Anhui Jucheng (note 1)	`CapitalContributionsReceivedInAdvanceFromNewShareholdersOfAnhuiJucheng`	$22.23M	USD	Annual
Repayment to noncontrolling interests	`RepaymentToNoncontrollingInterests`	$194.15K	USD	Annual
Repayment to noncontrolling interests	`RepaymentToNoncontrollingInterests`	$826.22K	USD	Annual
Advance from (repayment to) shareholders	`AdvanceFromRepaymentToShareholders`	$45.85K	USD	Annual
Advance from (repayment to) shareholders	`AdvanceFromRepaymentToShareholders`	$-1.38M	USD	Annual
(Repayment to) advance from other entities	`RepaymentToOtherEntities`	$6.19M	USD	Annual
(Repayment to) advance from other entities	`RepaymentToOtherEntities`	$-5.91M	USD	Annual
Payment of preferred stock dividend	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	$1.59M	USD	Annual
Payment of preferred stock dividend	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	$760.17K	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$25.62M	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.75M	USD	Annual
Effect of foreign currency translation on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$1.62M	USD	Annual
Effect of foreign currency translation on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$1.07M	USD	Annual
Increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$14.00M	USD	Annual
Increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$12.76M	USD	Annual
Cash and cash equivalents, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$59.24M	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$73.24M	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$86.00M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, end of year	`CashAndCashEquivalentsAtCarryingValue`	$59.24M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, end of year	`CashAndCashEquivalentsAtCarryingValue`	$73.24M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, end of year	`CashAndCashEquivalentsAtCarryingValue`	$86.00M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$291.43K	USD	Annual
Cash paid for interest	`InterestPaidNet`	$138.43K	USD	Annual
Cash paid for income tax	`IncomeTaxesPaidNet`	$55.90K	USD	Annual
Cash paid for income tax	`IncomeTaxesPaidNet`	$17.67K	USD	Annual
Common stock issued for conversion of preferred stock	`CommonStockIssuedForConversionOfPreferredStock`	$4.00M	USD	Annual
Common stock issued for conversion of preferred stock	`CommonStockIssuedForConversionOfPreferredStock`	$14.07M	USD	Annual

Stockholders Equity 24 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$76.83M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$46.37M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$131.31M	USD	Point-in-time
Noncontrolling equity interests in acquired subsidiary	`NoncontrollingInterestIncreaseFromBusinessCombination`	$5.45M	USD	Annual
Net income for the year	`ProfitLoss`	$44.27M	USD	Annual
Net income for the year	`ProfitLoss`	$24.44M	USD	Annual
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease`	$3.14M	USD	Annual
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease`	$2.00M	USD	Annual
Share-based payments to independent directors	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationToIndependentDirectors`	$61.90K	USD	Annual
Share-based payments to independent directors	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationToIndependentDirectors`	$14.79K	USD	Annual
Share-based payments to consultancy services provider	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationToConsultants`	$80.97K	USD	Annual
Share-based payments to consultancy services provider	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationToConsultants`	$344.10K	USD	Annual
Share-based payments to an investor	`AdjustmentsToAdditionalPaidInCapitalShareBasedPaymentsToInvestor`	$106.16K	USD	Annual
Transfer to statutory reserve	`TransferToStatutoryReserve`	-	USD	Annual
Preferred stock converted into common stock	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$4.00M	USD	Annual
Preferred stock converted into common stock	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$14.07M	USD	Annual
Preferred stock dividend	`ContigentlyRedeemablePreferredStockDividends`	$-1.82M	USD	Annual
Preferred stock dividend	`ContigentlyRedeemablePreferredStockDividends`	$-1.27M	USD	Annual
Preferred stock deemed dividend	`TemporaryEquityDividendsAdjustment`	$-4.01M	USD	Annual
Preferred stock deemed dividend	`TemporaryEquityDividendsAdjustment`	-	USD	Annual
Deconsolidation of Anhui Jucheng	`NoncontrollingInterestDecreaseFromDeconsolidation`	$-5.94M	USD	Annual
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$76.83M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$46.37M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$131.31M	USD	Point-in-time

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