10-Q Filing

LIANDI CLEAN TECHNOLOGY INC. CIK: 1353386 Q2 2012

Filing Information

Form Type	10-Q
Accession Number	`0001144204-12-063846`
Period End Date	20120930
Filing Date	20121119
Fiscal Year	2012
Fiscal Period	Q2
XBRL Instance	lndt-20120930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 84 Income Statement 174 Cash Flow Statement 114 Stockholders Equity 11

Balance Sheet 84 line items

Line Item	Tag	Value	Unit	Period
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`	$40.98M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$79.69M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$41.27M	USD	Point-in-time
Preferred stock, share authorized	`TemporaryEquitySharesAuthorized`	25.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$86.00M	USD	Point-in-time
Preferred stock, share authorized	`TemporaryEquitySharesAuthorized`	25.00M	shares	Point-in-time
Preferred stock, par value (in dollars per share)	`TemporaryEquityParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$3.89M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$3.53M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`TemporaryEquityParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Accounts receivable, net of $nil allowance	`AccountsReceivableNetCurrent`	$30.16M	USD	Point-in-time
Preferred stock, share issued	`TemporaryEquitySharesIssued`	0.00	shares	Point-in-time
Accounts receivable, net of $nil allowance	`AccountsReceivableNetCurrent`	$20.09M	USD	Point-in-time
Preferred stock, share issued	`TemporaryEquitySharesIssued`	0.00	shares	Point-in-time
Inventories	`InventoryNet`	$5.20M	USD	Point-in-time
Preferred stock, share outstanding	`TemporaryEquitySharesOutstanding`	0.00	shares	Point-in-time
Inventories	`InventoryNet`	$4.22M	USD	Point-in-time
Preferred stock, share outstanding	`TemporaryEquitySharesOutstanding`	0.00	shares	Point-in-time
Prepayments to suppliers	`AdvancesOnInventoryPurchases`	$13.17M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Prepayments to suppliers	`AdvancesOnInventoryPurchases`	$6.92M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Prepaid expenses and deposits	`PrepaidExpensesAndDeposits`	$452.65K	USD	Point-in-time
Common stock, share authorized	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Common stock, share authorized	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Prepaid expenses and deposits	`PrepaidExpensesAndDeposits`	$581.59K	USD	Point-in-time
Common Stock, Shares, Issued	`CommonStockSharesIssued`	36.44M	shares	Point-in-time
Common Stock, Shares, Issued	`CommonStockSharesIssued`	36.44M	shares	Point-in-time
Other receivables, net of $nil allowance	`OtherReceivablesNetCurrent`	$8.20M	USD	Point-in-time
Other receivables, net of $nil allowance	`OtherReceivablesNetCurrent`	$6.47M	USD	Point-in-time
Pledged trading securities	`MarketableSecuritiesEquitySecuritiesCurrent`	$7.08K	USD	Point-in-time
Common stock, share outstanding	`CommonStockSharesOutstanding`	36.44M	shares	Point-in-time
Pledged trading securities	`MarketableSecuritiesEquitySecuritiesCurrent`	$7.08K	USD	Point-in-time
Common stock, share outstanding	`CommonStockSharesOutstanding`	36.44M	shares	Point-in-time
Due from related party	`RelatedPartyTransactionDueFromToRelatedPartyCurrent`	$401.82K	USD	Point-in-time
Due from related party	`RelatedPartyTransactionDueFromToRelatedPartyCurrent`	-	USD	Point-in-time
Total current assets	`AssetsCurrent`	$128.45M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$140.54M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$908.85K	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$178.63K	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$3.97M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$4.32M	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`	$40.38M	USD	Point-in-time
Total assets	`Assets`	$185.07M	USD	Point-in-time
Total assets	`Assets`	$173.65M	USD	Point-in-time
Short term bank loans	`ShortTermBorrowings`	$12.92M	USD	Point-in-time
Short term bank loans	`ShortTermBorrowings`	$9.52M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.74M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$7.60M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$2.21M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$2.20M	USD	Point-in-time
Other payables and accrued expenses	`AccruedLiabilitiesCurrentExcludingPreferredStockDividendsPayable`	$7.19M	USD	Point-in-time
Other payables and accrued expenses	`AccruedLiabilitiesCurrentExcludingPreferredStockDividendsPayable`	$6.63M	USD	Point-in-time
Provision for income tax	`AccruedIncomeTaxesCurrent`	$4.21M	USD	Point-in-time
Provision for income tax	`AccruedIncomeTaxesCurrent`	$3.50M	USD	Point-in-time
Due to shareholders	`DueToOfficersOrStockholdersCurrent`	$8.66M	USD	Point-in-time
Due to shareholders	`DueToOfficersOrStockholdersCurrent`	$9.46M	USD	Point-in-time
Preferred stock dividend payable	`DividendsPayableCurrent`	$922.41K	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`	$43.15M	USD	Point-in-time
Deferred tax liability	`DeferredTaxLiabilitiesNoncurrent`	$7.80M	USD	Point-in-time
Deferred tax liability	`DeferredTaxLiabilitiesNoncurrent`	$7.83M	USD	Point-in-time
Total liabilities	`Liabilities`	$50.98M	USD	Point-in-time
Total liabilities	`Liabilities`	$42.35M	USD	Point-in-time
Commitments and Contingencies (Notes 17 and 24)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies (Notes 17 and 24)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock (par value: $0.001 per share; 50,000,000 shares authorized; 36,444,850 shares issued and outstanding at September 30, 2012 and March 31, 2012)	`CommonStockValue`	$36.45K	USD	Point-in-time
Common stock (par value: $0.001 per share; 50,000,000 shares authorized; 36,444,850 shares issued and outstanding at September 30, 2012 and March 31, 2012)	`CommonStockValue`	$36.45K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$38.56M	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`	$90.18M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$86.59M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$4.12M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$4.93M	USD	Point-in-time
Total LianDi Clean stockholders equity	`StockholdersEquity`	$134.09M	USD	Point-in-time
Total LianDi Clean stockholders equity	`StockholdersEquity`	$131.31M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$185.07M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$173.65M	USD	Point-in-time

Income Statement 174 line items

Line Item	Tag	Value	Unit	Period
Sales and installation of equipment	`SalesAndInstallationOfEquipment`	$20.41M	USD	1 Quarter
Sales and installation of equipment	`SalesAndInstallationOfEquipment`	$20.93M	USD	2 Qtrs
Sales and installation of equipment	`SalesAndInstallationOfEquipment`	$22.39M	USD	2 Qtrs
Sales and installation of equipment	`SalesAndInstallationOfEquipment`	$18.35M	USD	1 Quarter
Sales of software	`SalesOfSoftware`	-	USD	2 Qtrs
Sales of software	`SalesOfSoftware`	$3.62M	USD	1 Quarter
Sales of software	`SalesOfSoftware`	-	USD	1 Quarter
Sales of software	`SalesOfSoftware`	$8.89M	USD	2 Qtrs
Services	`SalesRevenueServicesNet`	$2.11M	USD	1 Quarter
Services	`SalesRevenueServicesNet`	$12.39K	USD	1 Quarter
Services	`SalesRevenueServicesNet`	$2.35M	USD	2 Qtrs
Services	`SalesRevenueServicesNet`	$2.23M	USD	2 Qtrs
Sales of industrial chemicals (Note 25)	`SaleOfIndustrialChemicals`	-	USD	2 Qtrs
Sales of industrial chemicals (Note 25)	`SaleOfIndustrialChemicals`	-	USD	1 Quarter
Sales of industrial chemicals (Note 25)	`SaleOfIndustrialChemicals`	$4.87M	USD	1 Quarter
Sales of industrial chemicals (Note 25)	`SaleOfIndustrialChemicals`	$12.03M	USD	2 Qtrs
Total net revenues	`SalesRevenueNet`	$28.95M	USD	1 Quarter
Total net revenues	`SalesRevenueNet`	$23.15M	USD	2 Qtrs
Total net revenues	`SalesRevenueNet`	$20.42M	USD	1 Quarter
Total net revenues	`SalesRevenueNet`	$45.66M	USD	2 Qtrs
Cost of equipment sold	`CostOfEquipmentSold`	$18.57M	USD	2 Qtrs
Cost of equipment sold	`CostOfEquipmentSold`	$15.58M	USD	2 Qtrs
Cost of equipment sold	`CostOfEquipmentSold`	$15.21M	USD	1 Quarter
Cost of equipment sold	`CostOfEquipmentSold`	$15.35M	USD	1 Quarter
Amortization of intangibles	`CostOfSoftwareCopyrightAmortization`	$160.99K	USD	1 Quarter
Amortization of intangibles	`CostOfSoftwareCopyrightAmortization`	$158.99K	USD	1 Quarter
Amortization of intangibles	`CostOfSoftwareCopyrightAmortization`	$315.89K	USD	2 Qtrs
Amortization of intangibles	`CostOfSoftwareCopyrightAmortization`	$322.71K	USD	2 Qtrs
Cost of software	`CostOfSoftware`	-	USD	2 Qtrs
Cost of software	`CostOfSoftware`	-	USD	1 Quarter
Cost of software	`CostOfSoftware`	$1.67M	USD	2 Qtrs
Cost of software	`CostOfSoftware`	-	USD	1 Quarter
Cost of services	`CostOfServices`	-	USD	1 Quarter
Cost of services	`CostOfServices`	$1.37M	USD	2 Qtrs
Cost of services	`CostOfServices`	-	USD	1 Quarter
Cost of services	`CostOfServices`	-	USD	2 Qtrs
Cost of industrial chemicals (Note 25)	`CostOfIndustrialChemicalsSold`	$11.16M	USD	2 Qtrs
Cost of industrial chemicals (Note 25)	`CostOfIndustrialChemicalsSold`	$4.72M	USD	1 Quarter
Cost of industrial chemicals (Note 25)	`CostOfIndustrialChemicalsSold`	-	USD	2 Qtrs
Cost of industrial chemicals (Note 25)	`CostOfIndustrialChemicalsSold`	-	USD	1 Quarter
Total cost of revenue	`CostOfRevenue`	$20.09M	USD	1 Quarter
Total cost of revenue	`CostOfRevenue`	$17.27M	USD	2 Qtrs
Total cost of revenue	`CostOfRevenue`	$31.71M	USD	2 Qtrs
Total cost of revenue	`CostOfRevenue`	$15.51M	USD	1 Quarter
Gross profit	`GrossProfit`	$8.86M	USD	1 Quarter
Gross profit	`GrossProfit`	$13.95M	USD	2 Qtrs
Gross profit	`GrossProfit`	$5.89M	USD	2 Qtrs
Gross profit	`GrossProfit`	$4.91M	USD	1 Quarter
Selling expenses	`SellingExpense`	$510.83K	USD	2 Qtrs
Selling expenses	`SellingExpense`	$471.27K	USD	1 Quarter
Selling expenses	`SellingExpense`	$1.07M	USD	2 Qtrs
Selling expenses	`SellingExpense`	$247.54K	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$606.05K	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$1.55M	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$1.07M	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$702.70K	USD	1 Quarter
Research and development cost	`ResearchAndDevelopmentExpense`	$164.91K	USD	2 Qtrs
Research and development cost	`ResearchAndDevelopmentExpense`	$114.12K	USD	1 Quarter
Research and development cost	`ResearchAndDevelopmentExpense`	$101.60K	USD	1 Quarter
Research and development cost	`ResearchAndDevelopmentExpense`	$222.20K	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$955.20K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$1.29M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$2.83M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$1.75M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$11.12M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$4.14M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$7.57M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$3.96M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$22.35K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$435.61K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$13.85K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$287.92K	USD	1 Quarter
Interest and bank charges	`InterestExpense`	$365.75K	USD	2 Qtrs
Interest and bank charges	`InterestExpense`	$445.84K	USD	1 Quarter
Interest and bank charges	`InterestExpense`	$219.81K	USD	1 Quarter
Interest and bank charges	`InterestExpense`	$737.64K	USD	2 Qtrs
Exchange losses, net	`ForeignCurrencyTransactionGainLossBeforeTax`	$-166.55K	USD	1 Quarter
Exchange losses, net	`ForeignCurrencyTransactionGainLossBeforeTax`	$-867.21K	USD	2 Qtrs
Exchange losses, net	`ForeignCurrencyTransactionGainLossBeforeTax`	$-245.62K	USD	2 Qtrs
Exchange losses, net	`ForeignCurrencyTransactionGainLossBeforeTax`	$-501.03K	USD	1 Quarter
Value added tax refund	`ValueAddedTaxRefund`	$139.17K	USD	2 Qtrs
Value added tax refund	`ValueAddedTaxRefund`	-	USD	1 Quarter
Value added tax refund	`ValueAddedTaxRefund`	-	USD	2 Qtrs
Value added tax refund	`ValueAddedTaxRefund`	-	USD	1 Quarter
Gain on deconsolidation of subsidiary	`DeconsolidationGainOrLossAmount`	$30.41M	USD	1 Quarter
Gain on deconsolidation of subsidiary	`DeconsolidationGainOrLossAmount`	$30.41M	USD	2 Qtrs
Gain on deconsolidation of subsidiary	`DeconsolidationGainOrLossAmount`	$30.41M	USD	Point-in-time
Gain on deconsolidation of subsidiary	`DeconsolidationGainOrLossAmount`	-	USD	1 Quarter
Gain on deconsolidation of subsidiary	`DeconsolidationGainOrLossAmount`	-	USD	2 Qtrs
Other	`OtherNonoperatingIncome`	-	USD	2 Qtrs
Other	`OtherNonoperatingIncome`	$50.86K	USD	1 Quarter
Other	`OtherNonoperatingIncome`	-	USD	1 Quarter
Other	`OtherNonoperatingIncome`	$118.24K	USD	2 Qtrs
Total other income (expenses), net	`NonoperatingIncomeExpense`	$-324.46K	USD	1 Quarter
Total other income (expenses), net	`NonoperatingIncomeExpense`	$-408.48K	USD	2 Qtrs
Total other income (expenses), net	`NonoperatingIncomeExpense`	$29.75M	USD	1 Quarter
Total other income (expenses), net	`NonoperatingIncomeExpense`	$29.32M	USD	2 Qtrs
Income before income tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$3.73M	USD	2 Qtrs
Income before income tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$40.43M	USD	2 Qtrs
Income before income tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$3.63M	USD	1 Quarter
Income before income tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$37.32M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$615.03K	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$765.11K	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$8.94M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$8.50M	USD	1 Quarter
Income before equity in earnings of equity method affiliate	`IncomeLossFromContinuingOperationsAfterIncomeTaxesBeforeMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$28.83M	USD	1 Quarter
Income before equity in earnings of equity method affiliate	`IncomeLossFromContinuingOperationsAfterIncomeTaxesBeforeMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$31.49M	USD	2 Qtrs
Income before equity in earnings of equity method affiliate	`IncomeLossFromContinuingOperationsAfterIncomeTaxesBeforeMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$3.02M	USD	1 Quarter
Income before equity in earnings of equity method affiliate	`IncomeLossFromContinuingOperationsAfterIncomeTaxesBeforeMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$2.97M	USD	2 Qtrs
Gain from stock transaction of equity method affiliate, net of income tax	`GainFromStockTransactionOfEquityMethodAffiliateNetOfIncomeTax`	-	USD	1 Quarter
Gain from stock transaction of equity method affiliate, net of income tax	`GainFromStockTransactionOfEquityMethodAffiliateNetOfIncomeTax`	-	USD	2 Qtrs
Gain from stock transaction of equity method affiliate, net of income tax	`GainFromStockTransactionOfEquityMethodAffiliateNetOfIncomeTax`	$263.44K	USD	2 Qtrs
Gain from stock transaction of equity method affiliate, net of income tax	`GainFromStockTransactionOfEquityMethodAffiliateNetOfIncomeTax`	$263.44K	USD	1 Quarter
Equity in earnings / (losses) of equity method affiliate	`IncomeLossFromEquityMethodInvestments`	$-91.54K	USD	2 Qtrs
Equity in earnings / (losses) of equity method affiliate	`IncomeLossFromEquityMethodInvestments`	$219.19K	USD	1 Quarter
Equity in earnings / (losses) of equity method affiliate	`IncomeLossFromEquityMethodInvestments`	$359.12K	USD	2 Qtrs
Equity in earnings / (losses) of equity method affiliate	`IncomeLossFromEquityMethodInvestments`	$139.93K	USD	1 Quarter
Equity in earnings / (losses) of equity method affiliate	`IncomeLossFromEquityMethodInvestments`	$-91.54K	USD	1 Quarter
NET INCOME	`ProfitLoss`	$3.59M	USD	2 Qtrs
NET INCOME	`ProfitLoss`	$3.50M	USD	1 Quarter
NET INCOME	`ProfitLoss`	$28.74M	USD	1 Quarter
NET INCOME	`ProfitLoss`	$31.40M	USD	2 Qtrs
Losses attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-80.82K	USD	2 Qtrs
Losses attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	2 Qtrs
Losses attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Losses attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-126.13K	USD	1 Quarter
Net income attributable to LianDi Clean stockholders	`NetIncomeLoss`	$28.86M	USD	1 Quarter
Net income attributable to LianDi Clean stockholders	`NetIncomeLoss`	$31.48M	USD	2 Qtrs
Net income attributable to LianDi Clean stockholders	`NetIncomeLoss`	$3.50M	USD	1 Quarter
Net income attributable to LianDi Clean stockholders	`NetIncomeLoss`	$3.59M	USD	2 Qtrs
Preferred stock dividend	`ContigentlyRedeemablePreferredStockDividends`	$351.64K	USD	1 Quarter
Preferred stock dividend	`ContigentlyRedeemablePreferredStockDividends`	-	USD	1 Quarter
Preferred stock dividend	`ContigentlyRedeemablePreferredStockDividends`	$715.58K	USD	2 Qtrs
Preferred stock dividend	`ContigentlyRedeemablePreferredStockDividends`	-	USD	2 Qtrs
Net income available to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$3.50M	USD	1 Quarter
Net income available to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$30.76M	USD	2 Qtrs
Net income available to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$28.51M	USD	1 Quarter
Net income available to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$3.59M	USD	2 Qtrs
Net income attributable to LianDi Clean stockholders	`NetIncomeLoss`	$28.86M	USD	1 Quarter
Net income attributable to LianDi Clean stockholders	`NetIncomeLoss`	$31.48M	USD	2 Qtrs
Net income attributable to LianDi Clean stockholders	`NetIncomeLoss`	$3.50M	USD	1 Quarter
Net income attributable to LianDi Clean stockholders	`NetIncomeLoss`	$3.59M	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-281.39K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$2.31M	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$1.56M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-801.97K	USD	2 Qtrs
Comprehensive income attributable to LianDi Clean stockholders	`ComprehensiveIncomeNetOfTax`	$2.79M	USD	2 Qtrs
Comprehensive income attributable to LianDi Clean stockholders	`ComprehensiveIncomeNetOfTax`	$30.42M	USD	1 Quarter
Comprehensive income attributable to LianDi Clean stockholders	`ComprehensiveIncomeNetOfTax`	$33.79M	USD	2 Qtrs
Comprehensive income attributable to LianDi Clean stockholders	`ComprehensiveIncomeNetOfTax`	$3.22M	USD	1 Quarter
Comprehensive (losses) income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	-	USD	2 Qtrs
Comprehensive (losses) income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Comprehensive (losses) income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$113.69K	USD	1 Quarter
Comprehensive (losses) income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-9.53K	USD	2 Qtrs
TOTAL COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$3.22M	USD	1 Quarter
TOTAL COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$30.30M	USD	1 Quarter
TOTAL COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$33.80M	USD	2 Qtrs
TOTAL COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$2.79M	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.98	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.91	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.10	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.10	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.10	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.79	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.86	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.10	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	36.44M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	31.35M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	36.44M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	31.46M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	36.44M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	36.44M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	36.44M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	36.44M	shares	1 Quarter

Cash Flow Statement 114 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$3.59M	USD	2 Qtrs
Net income	`ProfitLoss`	$3.50M	USD	1 Quarter
Net income	`ProfitLoss`	$28.74M	USD	1 Quarter
Net income	`ProfitLoss`	$31.40M	USD	2 Qtrs
Depreciation of property, plant and equipment	`Depreciation`	$246.05K	USD	1 Quarter
Depreciation of property, plant and equipment	`Depreciation`	$594.51K	USD	2 Qtrs
Depreciation of property, plant and equipment	`Depreciation`	$38.79K	USD	1 Quarter
Depreciation of property, plant and equipment	`Depreciation`	$83.19K	USD	2 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$343.99K	USD	2 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$174.21K	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$325.35K	USD	2 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$161.28K	USD	1 Quarter
Loss on disposal of fixed assets	`GainLossOnDispositionOfAssets`	$-2.31K	USD	2 Qtrs
Loss on disposal of fixed assets	`GainLossOnDispositionOfAssets`	-	USD	2 Qtrs
Deferred tax liability	`DeferredIncomeTaxExpenseBenefit`	$87.81K	USD	1 Quarter
Deferred tax liability	`DeferredIncomeTaxExpenseBenefit`	$7.57M	USD	2 Qtrs
Deferred tax liability	`DeferredIncomeTaxExpenseBenefit`	$7.58M	USD	1 Quarter
Deferred tax liability	`DeferredIncomeTaxExpenseBenefit`	$87.81K	USD	2 Qtrs
Gain from stock transaction of equity method affiliate, net of income tax	`GainFromStockTransactionOfEquityMethodAffiliateNetOfIncomeTax`	-	USD	1 Quarter
Gain from stock transaction of equity method affiliate, net of income tax	`GainFromStockTransactionOfEquityMethodAffiliateNetOfIncomeTax`	-	USD	2 Qtrs
Gain from stock transaction of equity method affiliate, net of income tax	`GainFromStockTransactionOfEquityMethodAffiliateNetOfIncomeTax`	$263.44K	USD	2 Qtrs
Gain from stock transaction of equity method affiliate, net of income tax	`GainFromStockTransactionOfEquityMethodAffiliateNetOfIncomeTax`	$263.44K	USD	1 Quarter
Equity in (earnings) / losses of equity method affiliate	`IncomeLossFromEquityMethodInvestments`	$-91.54K	USD	2 Qtrs
Equity in (earnings) / losses of equity method affiliate	`IncomeLossFromEquityMethodInvestments`	$219.19K	USD	1 Quarter
Equity in (earnings) / losses of equity method affiliate	`IncomeLossFromEquityMethodInvestments`	$359.12K	USD	2 Qtrs
Equity in (earnings) / losses of equity method affiliate	`IncomeLossFromEquityMethodInvestments`	$139.93K	USD	1 Quarter
Equity in (earnings) / losses of equity method affiliate	`IncomeLossFromEquityMethodInvestments`	$-91.54K	USD	1 Quarter
Gain on deconsolidation of subsidiary	`DeconsolidationGainOrLossAmount`	$30.41M	USD	1 Quarter
Gain on deconsolidation of subsidiary	`DeconsolidationGainOrLossAmount`	$30.41M	USD	2 Qtrs
Gain on deconsolidation of subsidiary	`DeconsolidationGainOrLossAmount`	$30.41M	USD	Point-in-time
Gain on deconsolidation of subsidiary	`DeconsolidationGainOrLossAmount`	-	USD	1 Quarter
Gain on deconsolidation of subsidiary	`DeconsolidationGainOrLossAmount`	-	USD	2 Qtrs
Share-based payments	`ShareBasedCompensation`	-	USD	2 Qtrs
Share-based payments	`ShareBasedCompensation`	$95.75K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$10.19M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$15.99M	USD	2 Qtrs
Notes receivable	`IncreaseDecreaseInNotesReceivableCurrent`	-	USD	2 Qtrs
Notes receivable	`IncreaseDecreaseInNotesReceivableCurrent`	$161.38K	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$325.31K	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$604.63K	USD	2 Qtrs
Prepayments to suppliers	`IncreaseDecreaseInAdvancesOnInventoryPurchasesCurrent`	$31.11M	USD	2 Qtrs
Prepayments to suppliers	`IncreaseDecreaseInAdvancesOnInventoryPurchasesCurrent`	$6.26M	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$5.06M	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$579.22K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$5.87M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$3.22M	USD	2 Qtrs
Deferred revenue, other payables and accruals	`IncreaseDecreaseInDeferredRevenueAndCustomerAdvancesAndDeposits`	$-119.52K	USD	2 Qtrs
Deferred revenue, other payables and accruals	`IncreaseDecreaseInDeferredRevenueAndCustomerAdvancesAndDeposits`	$-86.34K	USD	2 Qtrs
Income tax payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$1.32M	USD	2 Qtrs
Income tax payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$733.75K	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-38.78M	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-7.49M	USD	2 Qtrs
Purchase of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$8.91K	USD	2 Qtrs
Purchase of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$560.69K	USD	2 Qtrs
Payment for construction in progress	`PaymentsForConstructionInProcess`	$4.43M	USD	2 Qtrs
Payment for construction in progress	`PaymentsForConstructionInProcess`	-	USD	2 Qtrs
Cash outflow due to deconsolidation of Anhui Jucheng	`CashDivestedFromDeconsolidation`	$5.36M	USD	2 Qtrs
Cash outflow due to deconsolidation of Anhui Jucheng	`CashDivestedFromDeconsolidation`	-	USD	2 Qtrs
Payment of deposit for land use rights	`PaymentOfDepositForLandUseRights`	-	USD	2 Qtrs
Payment of deposit for land use rights	`PaymentOfDepositForLandUseRights`	$2.11M	USD	2 Qtrs
Advance to other entities	`AdvanceToOtherEntities`	-	USD	2 Qtrs
Advance to other entities	`AdvanceToOtherEntities`	$1.68M	USD	2 Qtrs
Repayment from other entities	`RepaymentFromAdvancesToOtherEntities`	-	USD	2 Qtrs
Repayment from other entities	`RepaymentFromAdvancesToOtherEntities`	$-332.10K	USD	2 Qtrs
Loan to a related party	`LoanToRelatedParty`	-	USD	2 Qtrs
Loan to a related party	`LoanToRelatedParty`	$18.89M	USD	2 Qtrs
Repayment from a related party	`RepaymentFromRelatedParties`	$18.89M	USD	2 Qtrs
Repayment from a related party	`RepaymentFromRelatedParties`	-	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.35M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-12.47M	USD	2 Qtrs
Decrease in restricted cash	`ProceedsFromRepaymentsOfRestrictedCashFinancingActivities`	$315.50K	USD	2 Qtrs
Decrease in restricted cash	`ProceedsFromRepaymentsOfRestrictedCashFinancingActivities`	$358.23K	USD	2 Qtrs
Repayment of short term bank loans	`RepaymentsOfShortTermDebt`	$48.16K	USD	2 Qtrs
Repayment of short term bank loans	`RepaymentsOfShortTermDebt`	$695.39K	USD	2 Qtrs
Proceeds from new short term bank loans	`NewBankLoans`	$3.45M	USD	2 Qtrs
Proceeds from new short term bank loans	`NewBankLoans`	$3.20M	USD	2 Qtrs
Proceeds from new short term loan from unrelated party	`ProceedsFromShortTermLoanFromUnrelatedParty`	$18.89M	USD	2 Qtrs
Proceeds from new short term loan from unrelated party	`ProceedsFromShortTermLoanFromUnrelatedParty`	-	USD	2 Qtrs
Repayment of short term loan from unrelated party	`RepaymentOfShortTermLoanFromUnrelatedParty`	$18.89M	USD	2 Qtrs
Repayment of short term loan from unrelated party	`RepaymentOfShortTermLoanFromUnrelatedParty`	-	USD	2 Qtrs
Capital contributions received in advance from new shareholders of Anhui Jucheng	`CapialContributionReceivedInAdvanceFromNewShareholders`	-	USD	2 Qtrs
Capital contributions received in advance from new shareholders of Anhui Jucheng	`CapialContributionReceivedInAdvanceFromNewShareholders`	$22.23M	USD	2 Qtrs
Repayment to noncontrolling interests	`RepaymentToNoncontrollingInterests`	-	USD	2 Qtrs
Repayment to noncontrolling interests	`RepaymentToNoncontrollingInterests`	$151.60K	USD	2 Qtrs
Repayment to shareholders	`AdvanceFromRepaymentToShareholders`	$790.82K	USD	2 Qtrs
Repayment to shareholders	`AdvanceFromRepaymentToShareholders`	$569.89K	USD	2 Qtrs
Repayment to other entities	`RepaymentToOtherEntities`	$6.13M	USD	2 Qtrs
Repayment to other entities	`RepaymentToOtherEntities`	-	USD	2 Qtrs
Payment of preferred stock dividend	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	$414.27K	USD	2 Qtrs
Payment of preferred stock dividend	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	-	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$2.97M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$17.79M	USD	2 Qtrs
Effect of foreign currency translation on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-432.42K	USD	2 Qtrs
Effect of foreign currency translation on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$1.49M	USD	2 Qtrs
Decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-6.31M	USD	2 Qtrs
Decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-31.97M	USD	2 Qtrs
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$59.24M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$73.24M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$40.98M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$79.69M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$41.27M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$86.00M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, end of period	`CashAndCashEquivalentsAtCarryingValue`	$59.24M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, end of period	`CashAndCashEquivalentsAtCarryingValue`	$73.24M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, end of period	`CashAndCashEquivalentsAtCarryingValue`	$40.98M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, end of period	`CashAndCashEquivalentsAtCarryingValue`	$79.69M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, end of period	`CashAndCashEquivalentsAtCarryingValue`	$41.27M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, end of period	`CashAndCashEquivalentsAtCarryingValue`	$86.00M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$133.66K	USD	2 Qtrs
Cash paid for interest	`InterestPaidNet`	$567.08K	USD	2 Qtrs
Cash paid for income tax	`IncomeTaxesPaidNet`	$31.36K	USD	2 Qtrs
Cash paid for income tax	`IncomeTaxesPaidNet`	$49.80K	USD	2 Qtrs
Common stock issued for conversion of preferred stock	`CommonStockIssuedForConversionOfPreferredStock`	$1.48M	USD	2 Qtrs
Common stock issued for conversion of preferred stock	`CommonStockIssuedForConversionOfPreferredStock`	-	USD	2 Qtrs

Stockholders Equity 11 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$76.83M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$134.09M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$131.31M	USD	Point-in-time
Net income for the period	`ProfitLoss`	$3.59M	USD	2 Qtrs
Net income for the period	`ProfitLoss`	$3.50M	USD	1 Quarter
Net income for the period	`ProfitLoss`	$28.74M	USD	1 Quarter
Net income for the period	`ProfitLoss`	$31.40M	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-801.97K	USD	2 Qtrs
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$76.83M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$134.09M	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.