10-K Filing

IT TECH PACKAGING, INC. CIK: 1358190 FY 2013

Filing Information

Form Type	10-K
Accession Number	`0001144204-14-017612`
Period End Date	20131231
Filing Date	20140325
Fiscal Year	2013
Fiscal Period	FY
XBRL Instance	onp-20131231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 89 Income Statement 83 Cash Flow Statement 118 Stockholders Equity 31

Balance Sheet 89 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$37.53K	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$76.75K	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$57.64K	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$67.59K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.13M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.17M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$13.14M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$11.35M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	18.46M	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$1.59M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$2.45M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	18.75M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	18.46M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	18.75M	shares	Point-in-time
Accounts receivable (net of allowance for doubtful accounts of $67,592 and $57,643 as of December 31, 2013 and 2012, respectively)	`AccountsReceivableNet`	$2.84M	USD	Point-in-time
Accounts receivable (net of allowance for doubtful accounts of $67,592 and $57,643 as of December 31, 2013 and 2012, respectively)	`AccountsReceivableNet`	$3.33M	USD	Point-in-time
Inventories	`InventoryNet`	$15.10M	USD	Point-in-time
Inventories	`InventoryNet`	$11.43M	USD	Point-in-time
Prepayments and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$5.40M	USD	Point-in-time
Prepayments and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$1.07M	USD	Point-in-time
Assets held for sale	`AssetsHeldForSaleCurrent`	$4.13M	USD	Point-in-time
Deferred tax assets - current	`DeferredTaxAssetsLiabilitiesNetCurrent`	-	USD	Point-in-time
Deferred tax assets - current	`DeferredTaxAssetsLiabilitiesNetCurrent`	$413.54K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$38.07M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$25.95M	USD	Point-in-time
Prepayment on property, plant and equipment	`PrepaidExpenseOtherNoncurrent`	$1.49M	USD	Point-in-time
Prepayment on property, plant and equipment	`PrepaidExpenseOtherNoncurrent`	$1.45M	USD	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$122.39M	USD	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$178.54M	USD	Point-in-time
Recoverable VAT	`ValueAddedTaxReceivableNoncurrent`	-	USD	Point-in-time
Recoverable VAT	`ValueAddedTaxReceivableNoncurrent`	$3.28M	USD	Point-in-time
Deferred tax asset - non-current	`DeferredTaxAssetsLiabilitiesNetNoncurrent`	$268.33K	USD	Point-in-time
Deferred tax asset - non-current	`DeferredTaxAssetsLiabilitiesNetNoncurrent`	$941.66K	USD	Point-in-time
Total Assets	`Assets`	$209.53M	USD	Point-in-time
Total Assets	`Assets`	$162.85M	USD	Point-in-time
Short-term bank loans	`ShortTermBankLoansAndNotesPayable`	$6.54M	USD	Point-in-time
Short-term bank loans	`ShortTermBankLoansAndNotesPayable`	$3.96M	USD	Point-in-time
Current portion of long-term loan from credit union	`LongTermDebtCurrent`	$4.17M	USD	Point-in-time
Current portion of long-term loan from credit union	`LongTermDebtCurrent`	$1.66M	USD	Point-in-time
Current obligations under capital lease	`CapitalLeaseObligationsCurrent`	-	USD	Point-in-time
Current obligations under capital lease	`CapitalLeaseObligationsCurrent`	$8.26M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.01M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$926.57K	USD	Point-in-time
Notes payable	`NotesPayableCurrent`	$3.17M	USD	Point-in-time
Notes payable	`NotesPayableCurrent`	$4.91M	USD	Point-in-time
Security deposit from a related party	`SecurityDepositFromRelatedParty`	$1.64M	USD	Point-in-time
Security deposit from a related party	`SecurityDepositFromRelatedParty`	$1.08M	USD	Point-in-time
Due to a related party	`DueToRelatedPartiesCurrent`	$64.55K	USD	Point-in-time
Due to a related party	`DueToRelatedPartiesCurrent`	-	USD	Point-in-time
Accrued payroll and employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$498.01K	USD	Point-in-time
Accrued payroll and employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$292.64K	USD	Point-in-time
Other payables and accrued liabilities	`OtherAccountsPayableAndAccruedLiabilities`	$1.26M	USD	Point-in-time
Other payables and accrued liabilities	`OtherAccountsPayableAndAccruedLiabilities`	$2.65M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$1.26M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$1.22M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$28.37M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$16.20M	USD	Point-in-time
Loan from credit union	`OtherLoansPayableLongTerm`	$4.25M	USD	Point-in-time
Loan from credit union	`OtherLoansPayableLongTerm`	$1.56M	USD	Point-in-time
Loan from a related party	`DueToRelatedPartiesNoncurrent`	$2.39M	USD	Point-in-time
Loan from a related party	`DueToRelatedPartiesNoncurrent`	$2.32M	USD	Point-in-time
Deferred gain on sale-leaseback	`SaleLeasebackTransactionDeferredGainNet`	-	USD	Point-in-time
Deferred gain on sale-leaseback	`SaleLeasebackTransactionDeferredGainNet`	$1.16M	USD	Point-in-time
Long-term obligations under capital lease	`LongTermDebtAndCapitalLeaseObligations`	-	USD	Point-in-time
Long-term obligations under capital lease	`LongTermDebtAndCapitalLeaseObligations`	$12.30M	USD	Point-in-time
Total liabilities	`Liabilities`	$48.47M	USD	Point-in-time
Total liabilities	`Liabilities`	$20.08M	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, 500,000,000 shares authorized, $0.001 par value per share, 18,753,900 and 18,459,775 shares issued and outstanding as of December 31, 2013 and 2012, respectively	`CommonStockValue`	$18.75K	USD	Point-in-time
Common stock, 500,000,000 shares authorized, $0.001 par value per share, 18,753,900 and 18,459,775 shares issued and outstanding as of December 31, 2013 and 2012, respectively	`CommonStockValue`	$18.46K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$46.14M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$46.91M	USD	Point-in-time
Statutory earnings reserve	`RetainedEarningsAppropriated`	$6.04M	USD	Point-in-time
Statutory earnings reserve	`RetainedEarningsAppropriated`	$5.96M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$12.33M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$17.15M	USD	Point-in-time
Retained earnings	`RetainedEarningsUnappropriated`	$78.32M	USD	Point-in-time
Retained earnings	`RetainedEarningsUnappropriated`	$90.94M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$142.77M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$127.53M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$161.05M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$101.54M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$162.85M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$209.53M	USD	Point-in-time

Income Statement 83 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	$150.75M	USD	Annual
Revenues	`Revenues`	$34.41M	USD	1 Quarter
Revenues	`Revenues`	$35.25M	USD	1 Quarter
Revenues	`Revenues`	$125.72M	USD	Annual
Revenues	`Revenues`	$35.52M	USD	1 Quarter
Revenues	`Revenues`	$37.69M	USD	1 Quarter
Revenues	`Revenues`	$33.04M	USD	1 Quarter
Revenues	`Revenues`	$37.65M	USD	1 Quarter
Revenues	`Revenues`	$43.53M	USD	1 Quarter
Revenues	`Revenues`	$19.75M	USD	1 Quarter
Revenues	`Revenues`	$151.12M	USD	Annual
Cost of sales	`CostOfGoodsSold`	$117.80M	USD	Annual
Cost of sales	`CostOfGoodsSold`	$102.39M	USD	Annual
Cost of sales	`CostOfGoodsSold`	$124.06M	USD	Annual
Gross Profit	`GrossProfit`	$5.79M	USD	1 Quarter
Gross Profit	`GrossProfit`	$6.82M	USD	1 Quarter
Gross Profit	`GrossProfit`	$1.63M	USD	1 Quarter
Gross Profit	`GrossProfit`	$7.16M	USD	1 Quarter
Gross Profit	`GrossProfit`	$7.75M	USD	1 Quarter
Gross Profit	`GrossProfit`	$32.95M	USD	Annual
Gross Profit	`GrossProfit`	$23.33M	USD	Annual
Gross Profit	`GrossProfit`	$8.44M	USD	1 Quarter
Gross Profit	`GrossProfit`	$27.06M	USD	Annual
Gross Profit	`GrossProfit`	$6.70M	USD	1 Quarter
Gross Profit	`GrossProfit`	$6.10M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$4.57M	USD	Annual
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$2.52M	USD	Annual
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$3.36M	USD	Annual
Loss on impairment of assets	`GainLossOnSalesOfAssetsAndAssetImpairmentCharges`	-	USD	Annual
Loss on impairment of assets	`GainLossOnSalesOfAssetsAndAssetImpairmentCharges`	$-2.76M	USD	Annual
Loss on impairment of assets	`GainLossOnSalesOfAssetsAndAssetImpairmentCharges`	-	USD	Annual
Gain (Loss) from disposal of property, plant and equipment, net	`GainLossOnSaleOfPropertyPlantEquipment`	$-321.20K	USD	Annual
Gain (Loss) from disposal of property, plant and equipment, net	`GainLossOnSaleOfPropertyPlantEquipment`	$45.29K	USD	Annual
Gain (Loss) from disposal of property, plant and equipment, net	`GainLossOnSaleOfPropertyPlantEquipment`	$84.97K	USD	Annual
Income from Operations	`OperatingIncomeLoss`	$5.21M	USD	1 Quarter
Income from Operations	`OperatingIncomeLoss`	$743.07K	USD	1 Quarter
Income from Operations	`OperatingIncomeLoss`	$5.33M	USD	1 Quarter
Income from Operations	`OperatingIncomeLoss`	$20.98M	USD	Annual
Income from Operations	`OperatingIncomeLoss`	$3.01M	USD	1 Quarter
Income from Operations	`OperatingIncomeLoss`	$5.10M	USD	1 Quarter
Income from Operations	`OperatingIncomeLoss`	$30.11M	USD	Annual
Income from Operations	`OperatingIncomeLoss`	$18.84M	USD	Annual
Income from Operations	`OperatingIncomeLoss`	$6.71M	USD	1 Quarter
Income from Operations	`OperatingIncomeLoss`	$6.16M	USD	1 Quarter
Income from Operations	`OperatingIncomeLoss`	$7.56M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$90.26K	USD	Annual
Interest income	`InvestmentIncomeInterest`	$36.44K	USD	Annual
Interest income	`InvestmentIncomeInterest`	$30.67K	USD	Annual
Subsidy income	`SubsidyIncome`	-	USD	Annual
Subsidy income	`SubsidyIncome`	-	USD	Annual
Subsidy income	`SubsidyIncome`	$171.12K	USD	Annual
Interest expense	`InterestExpense`	$995.69K	USD	Annual
Interest expense	`InterestExpense`	$871.83K	USD	Annual
Interest expense	`InterestExpense`	$699.89K	USD	Annual
Income before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$20.14M	USD	Annual
Income before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$18.11M	USD	Annual
Income before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$29.45M	USD	Annual
Provision for Income Taxes	`IncomeTaxExpenseBenefit`	$7.80M	USD	Annual
Provision for Income Taxes	`IncomeTaxExpenseBenefit`	$5.09M	USD	Annual
Provision for Income Taxes	`IncomeTaxExpenseBenefit`	$5.46M	USD	Annual
Net income	`NetIncomeLoss`	$3.66M	USD	1 Quarter
Net income	`NetIncomeLoss`	$2.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$3.52M	USD	1 Quarter
Net income	`NetIncomeLoss`	$4.38M	USD	1 Quarter
Net income	`NetIncomeLoss`	$13.01M	USD	Annual
Net income	`NetIncomeLoss`	$21.65M	USD	Annual
Net income	`NetIncomeLoss`	$14.67M	USD	Annual
Net income	`NetIncomeLoss`	$303.06K	USD	1 Quarter
Net income	`NetIncomeLoss`	$3.61M	USD	1 Quarter
Net income	`NetIncomeLoss`	$4.68M	USD	1 Quarter
Net income	`NetIncomeLoss`	$5.53M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$4.30M	USD	Annual
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$884.87K	USD	Annual
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$4.82M	USD	Annual
Total Comprehensive Income	`ComprehensiveIncomeNetOfTax`	$17.83M	USD	Annual
Total Comprehensive Income	`ComprehensiveIncomeNetOfTax`	$15.56M	USD	Annual
Total Comprehensive Income	`ComprehensiveIncomeNetOfTax`	$25.95M	USD	Annual
Basic and Fully Diluted Earnings per Share	`EarningsPerShareBasicAndDiluted`	$0.71	USD	Annual
Basic and Fully Diluted Earnings per Share	`EarningsPerShareBasicAndDiluted`	$1.18	USD	Annual
Basic and Fully Diluted Earnings per Share	`EarningsPerShareBasicAndDiluted`	$0.79	USD	Annual
Weighted Average Number of Shares Outstanding - Basic and Fully Diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	18.46M	shares	Annual
Weighted Average Number of Shares Outstanding - Basic and Fully Diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	18.46M	shares	Annual
Weighted Average Number of Shares Outstanding - Basic and Fully Diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	18.35M	shares	Annual

Cash Flow Statement 118 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$3.66M	USD	1 Quarter
Net income	`NetIncomeLoss`	$2.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$3.52M	USD	1 Quarter
Net income	`NetIncomeLoss`	$4.38M	USD	1 Quarter
Net income	`NetIncomeLoss`	$13.01M	USD	Annual
Net income	`NetIncomeLoss`	$21.65M	USD	Annual
Net income	`NetIncomeLoss`	$14.67M	USD	Annual
Net income	`NetIncomeLoss`	$303.06K	USD	1 Quarter
Net income	`NetIncomeLoss`	$3.61M	USD	1 Quarter
Net income	`NetIncomeLoss`	$4.68M	USD	1 Quarter
Net income	`NetIncomeLoss`	$5.53M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$4.42M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$8.38M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$7.79M	USD	Annual
(Gain) Loss from impairment and disposal of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-321.20K	USD	Annual
(Gain) Loss from impairment and disposal of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$45.29K	USD	Annual
(Gain) Loss from impairment and disposal of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$84.97K	USD	Annual
Allowance for (Recovery from) bad debts	`AllowanceForLoanAndLeaseLossRecoveryOfBadDebts`	$19.63K	USD	Annual
Allowance for (Recovery from) bad debts	`AllowanceForLoanAndLeaseLossRecoveryOfBadDebts`	$-37.09K	USD	Annual
Allowance for (Recovery from) bad debts	`AllowanceForLoanAndLeaseLossRecoveryOfBadDebts`	$-7.99K	USD	Annual
Stock-based expense for service received	`ShareBasedCompensation`	$773.86K	USD	Annual
Stock-based expense for service received	`ShareBasedCompensation`	$378.06K	USD	Annual
Stock-based expense for service received	`ShareBasedCompensation`	$30.37K	USD	Annual
Deferred tax	`DeferredIncomeTaxExpenseBenefit`	$409.67K	USD	Annual
Deferred tax	`DeferredIncomeTaxExpenseBenefit`	-	USD	Annual
Deferred tax	`DeferredIncomeTaxExpenseBenefit`	$-941.21K	USD	Annual
Accounts and notes receivable	`IncreaseDecreaseInAccountsReceivable`	$-1.03M	USD	Annual
Accounts and notes receivable	`IncreaseDecreaseInAccountsReceivable`	$1.60M	USD	Annual
Accounts and notes receivable	`IncreaseDecreaseInAccountsReceivable`	$402.71K	USD	Annual
Prepayments and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-1.21M	USD	Annual
Prepayments and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$4.80M	USD	Annual
Prepayments and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$295.76K	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$5.02M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$-4.11M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$2.25M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-1.77M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-117.31K	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$2.30M	USD	Annual
Notes payable	`IncreaseDecreaseInNotesPayableCurrent`	-	USD	Annual
Notes payable	`IncreaseDecreaseInNotesPayableCurrent`	$3.17M	USD	Annual
Notes payable	`IncreaseDecreaseInNotesPayableCurrent`	$1.61M	USD	Annual
Accrued payroll and employee benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$194.79K	USD	Annual
Accrued payroll and employee benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-17.31K	USD	Annual
Accrued payroll and employee benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-39.47K	USD	Annual
Other payables and accrued liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$453.55K	USD	Annual
Other payables and accrued liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$1.60M	USD	Annual
Other payables and accrued liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-1.40M	USD	Annual
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-500.64K	USD	Annual
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-200.09K	USD	Annual
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-42.34K	USD	Annual
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$18.63M	USD	Annual
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$22.23M	USD	Annual
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$29.92M	USD	Annual
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$384.79K	USD	Annual
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$13.52M	USD	Annual
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$25.42M	USD	Annual
Payment for construction in progress	`PaymentForConstructionInProgressExpenditures`	$2.76M	USD	Annual
Payment for construction in progress	`PaymentForConstructionInProgressExpenditures`	$64.18M	USD	Annual
Payment for construction in progress	`PaymentForConstructionInProgressExpenditures`	$2.30M	USD	Annual
Refund of prepayment for purchase of property, plant and equipment	`RefundOfPrepaymentForPurchaseOfPropertyPlantAndEquipment`	-	USD	Annual
Refund of prepayment for purchase of property, plant and equipment	`RefundOfPrepaymentForPurchaseOfPropertyPlantAndEquipment`	-	USD	Annual
Refund of prepayment for purchase of property, plant and equipment	`RefundOfPrepaymentForPurchaseOfPropertyPlantAndEquipment`	$3.11M	USD	Annual
Security deposit from a related party	`ProceedsFromSecurityDepositFromRelatedParty`	$1.08M	USD	Annual
Security deposit from a related party	`ProceedsFromSecurityDepositFromRelatedParty`	$1.61M	USD	Annual
Security deposit from a related party	`ProceedsFromSecurityDepositFromRelatedParty`	-	USD	Annual
Proceeds from disposal of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$175.59K	USD	Annual
Proceeds from disposal of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$271.51K	USD	Annual
Proceeds from disposal of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$2.59M	USD	Annual
Net Cash Used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-27.45M	USD	Annual
Net Cash Used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-60.36M	USD	Annual
Net Cash Used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-11.92M	USD	Annual
Proceeds from related party loans	`ProceedsFromRepaymentsOfRelatedPartyDebt`	$1.03M	USD	Annual
Proceeds from related party loans	`ProceedsFromRepaymentsOfRelatedPartyDebt`	$1.39M	USD	Annual
Proceeds from related party loans	`ProceedsFromRepaymentsOfRelatedPartyDebt`	$200.00K	USD	Annual
Repayments of related party loans	`RepaymentsOfRelatedPartyDebt`	$1.39M	USD	Annual
Repayments of related party loans	`RepaymentsOfRelatedPartyDebt`	$2.09M	USD	Annual
Repayments of related party loans	`RepaymentsOfRelatedPartyDebt`	$1.23M	USD	Annual
Proceeds from bank loans	`ProceedsFromBankDebt`	$10.70M	USD	Annual
Proceeds from bank loans	`ProceedsFromBankDebt`	$5.94M	USD	Annual
Proceeds from bank loans	`ProceedsFromBankDebt`	$8.39M	USD	Annual
Proceeds from sale-leaseback financing	`SaleLeasebackTransactionNetProceeds`	-	USD	Annual
Proceeds from sale-leaseback financing	`SaleLeasebackTransactionNetProceeds`	$24.22M	USD	Annual
Proceeds from sale-leaseback financing	`SaleLeasebackTransactionNetProceeds`	-	USD	Annual
Payment of capital lease obligation	`RepaymentsOfLongTermCapitalLeaseObligations`	-	USD	Annual
Payment of capital lease obligation	`RepaymentsOfLongTermCapitalLeaseObligations`	-	USD	Annual
Payment of capital lease obligation	`RepaymentsOfLongTermCapitalLeaseObligations`	$5.41M	USD	Annual
Repayments of bank loans	`RepaymentsOfBankDebt`	$5.00M	USD	Annual
Repayments of bank loans	`RepaymentsOfBankDebt`	$4.83M	USD	Annual
Repayments of bank loans	`RepaymentsOfBankDebt`	$8.28M	USD	Annual
Restricted cash	`ProceedsFromRepaymentsOfRestrictedCashFinancingActivities`	$-1.58M	USD	Annual
Restricted cash	`ProceedsFromRepaymentsOfRestrictedCashFinancingActivities`	-	USD	Annual
Restricted cash	`ProceedsFromRepaymentsOfRestrictedCashFinancingActivities`	$-807.19K	USD	Annual
Dividend paid	`PaymentsOfDividendsCommonStock`	$323.03K	USD	Annual
Dividend paid	`PaymentsOfDividendsCommonStock`	$692.24K	USD	Annual
Dividend paid	`PaymentsOfDividendsCommonStock`	-	USD	Annual
Net Cash Provided by (Used in) Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$20.10M	USD	Annual
Net Cash Provided by (Used in) Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.37M	USD	Annual
Net Cash Provided by (Used in) Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$1.50M	USD	Annual
Effect of Exchange Rate Changes on Cash and Cash Equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$141.90K	USD	Annual
Effect of Exchange Rate Changes on Cash and Cash Equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$330.73K	USD	Annual
Effect of Exchange Rate Changes on Cash and Cash Equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$26.13K	USD	Annual
Net (Decrease) Increase in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-7.18M	USD	Annual
Net (Decrease) Increase in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$8.97M	USD	Annual
Net (Decrease) Increase in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-10.01M	USD	Annual
Cash and Cash Equivalents - Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$3.13M	USD	Point-in-time
Cash and Cash Equivalents - Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$4.17M	USD	Point-in-time
Cash and Cash Equivalents - Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$13.14M	USD	Point-in-time
Cash and Cash Equivalents - Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$11.35M	USD	Point-in-time
Cash and Cash Equivalents - End of Period	`CashAndCashEquivalentsAtCarryingValue`	$3.13M	USD	Point-in-time
Cash and Cash Equivalents - End of Period	`CashAndCashEquivalentsAtCarryingValue`	$4.17M	USD	Point-in-time
Cash and Cash Equivalents - End of Period	`CashAndCashEquivalentsAtCarryingValue`	$13.14M	USD	Point-in-time
Cash and Cash Equivalents - End of Period	`CashAndCashEquivalentsAtCarryingValue`	$11.35M	USD	Point-in-time
Cash paid for interest, net of capitalized interest cost	`InterestPaid`	$708.09K	USD	Annual
Cash paid for interest, net of capitalized interest cost	`InterestPaid`	$486.28K	USD	Annual
Cash paid for interest, net of capitalized interest cost	`InterestPaid`	$689.87K	USD	Annual
Cash paid for income taxes	`IncomeTaxesPaid`	$6.91M	USD	Annual
Cash paid for income taxes	`IncomeTaxesPaid`	$4.88M	USD	Annual
Cash paid for income taxes	`IncomeTaxesPaid`	$7.84M	USD	Annual

Stockholders Equity 31 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquity`	$142.77M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$127.53M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$161.05M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$101.54M	USD	Point-in-time
Issuance of shares to officer and directors	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$30.37K	USD	Annual
Issuance of shares to officer and directors	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$790.02K	USD	Annual
Issuance of shares to officer and directors	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$378.06K	USD	Annual
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$4.30M	USD	Annual
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$884.87K	USD	Annual
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$4.82M	USD	Annual
Transfer to statutory earnings reserve	`TransferToRetainedEarningsAppropriatedForLegalReserve`	-	USD	Annual
Transfer to statutory earnings reserve	`TransferToRetainedEarningsAppropriatedForLegalReserve`	-	USD	Annual
Transfer to statutory earnings reserve	`TransferToRetainedEarningsAppropriatedForLegalReserve`	-	USD	Annual
Cash dividend paid	`DividendsCommonStockCash`	$-323.03K	USD	Annual
Cash dividend paid	`DividendsCommonStockCash`	$-692.24K	USD	Annual
Cancellation of certain director compensation shares	`StockCancelledDuringPeriodValueShareBasedCompensationGross`	$-16.16K	USD	Annual
Net income	`NetIncomeLoss`	$3.66M	USD	1 Quarter
Net income	`NetIncomeLoss`	$2.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$3.52M	USD	1 Quarter
Net income	`NetIncomeLoss`	$4.38M	USD	1 Quarter
Net income	`NetIncomeLoss`	$13.01M	USD	Annual
Net income	`NetIncomeLoss`	$21.65M	USD	Annual
Net income	`NetIncomeLoss`	$14.67M	USD	Annual
Net income	`NetIncomeLoss`	$303.06K	USD	1 Quarter
Net income	`NetIncomeLoss`	$3.61M	USD	1 Quarter
Net income	`NetIncomeLoss`	$4.68M	USD	1 Quarter
Net income	`NetIncomeLoss`	$5.53M	USD	1 Quarter
Balance	`StockholdersEquity`	$142.77M	USD	Point-in-time
Balance	`StockholdersEquity`	$127.53M	USD	Point-in-time
Balance	`StockholdersEquity`	$161.05M	USD	Point-in-time
Balance	`StockholdersEquity`	$101.54M	USD	Point-in-time

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