10-K Filing

IT TECH PACKAGING, INC. CIK: 1358190 FY 2014

Filing Information

Form Type	10-K
Accession Number	`0001213900-15-002051`
Period End Date	20141231
Filing Date	20150325
Fiscal Year	2014
Fiscal Period	FY
XBRL Instance	onp-20141231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 91 Income Statement 86 Cash Flow Statement 121 Stockholders Equity 32

Balance Sheet 91 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$57.64K	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$76.12K	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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.17M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$13.14M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.89M	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
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$2.45M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	18.75M	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$8.87M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	20.32M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	18.75M	shares	Point-in-time
Accounts receivable (net of allowance for doubtful accounts of $76,125 and $67,592 as of December 31, 2014 and 2013, respectively)	`AccountsReceivableNet`	$3.33M	USD	Point-in-time
Accounts receivable (net of allowance for doubtful accounts of $76,125 and $67,592 as of December 31, 2014 and 2013, respectively)	`AccountsReceivableNet`	$3.73M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	20.32M	shares	Point-in-time
Inventories	`InventoryNet`	$11.43M	USD	Point-in-time
Inventories	`InventoryNet`	$7.14M	USD	Point-in-time
Prepayments and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$2.92M	USD	Point-in-time
Prepayments and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$1.07M	USD	Point-in-time
Assets held for sale	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$4.13M	USD	Point-in-time
Assets held for sale	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	-	USD	Point-in-time
Deferred tax assets - current	`DeferredTaxAssetsLiabilitiesNetCurrent`	$413.54K	USD	Point-in-time
Deferred tax assets - current	`DeferredTaxAssetsLiabilitiesNetCurrent`	-	USD	Point-in-time
Total current assets	`AssetsCurrent`	$26.55M	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`	$1.49M	USD	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$178.54M	USD	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$208.21M	USD	Point-in-time
Recoverable VAT	`ValueAddedTaxReceivableNoncurrent`	$3.28M	USD	Point-in-time
Recoverable VAT	`ValueAddedTaxReceivableNoncurrent`	$3.23M	USD	Point-in-time
Deferred tax asset - non-current	`DeferredTaxAssetsLiabilitiesNetNoncurrent`	$281.01K	USD	Point-in-time
Deferred tax asset - non-current	`DeferredTaxAssetsLiabilitiesNetNoncurrent`	$268.33K	USD	Point-in-time
Total Assets	`Assets`	$239.77M	USD	Point-in-time
Total Assets	`Assets`	$4.33M	USD	Point-in-time
Short-term bank loans	`ShortTermBankLoansAndNotesPayable`	$9.81M	USD	Point-in-time
Short-term bank loans	`ShortTermBankLoansAndNotesPayable`	$6.54M	USD	Point-in-time
Current portion of long-term loan from credit union	`LineOfCredit`	$1.66M	USD	Point-in-time
Current portion of long-term loan from credit union	`LineOfCredit`	$147.08K	USD	Point-in-time
Current portion of long-term loan from a related party	`RelatedPartyTransactionDueFromToRelatedPartyCurrent`	$-2.39M	USD	Point-in-time
Current portion of long-term loan from a related party	`RelatedPartyTransactionDueFromToRelatedPartyCurrent`	-	USD	Point-in-time
Current obligations under capital lease	`CapitalLeaseObligationsCurrent`	$12.26M	USD	Point-in-time
Current obligations under capital lease	`CapitalLeaseObligationsCurrent`	$8.26M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$926.57K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	-	USD	Point-in-time
Notes payable	`NotesPayableCurrent`	$4.91M	USD	Point-in-time
Notes payable	`NotesPayableCurrent`	$16.11M	USD	Point-in-time
Security deposit from a related party	`SecurityDepositFromRelatedParty`	-	USD	Point-in-time
Security deposit from a related party	`SecurityDepositFromRelatedParty`	$1.64M	USD	Point-in-time
Due to a related party	`DueToRelatedPartiesCurrent`	$64.55K	USD	Point-in-time
Due to a related party	`DueToRelatedPartiesCurrent`	$227.90K	USD	Point-in-time
Accrued payroll and employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$498.01K	USD	Point-in-time
Accrued payroll and employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$492.76K	USD	Point-in-time
Other payables and accrued liabilities	`OtherAccountsPayableAndAccruedLiabilities`	$2.65M	USD	Point-in-time
Other payables and accrued liabilities	`OtherAccountsPayableAndAccruedLiabilities`	$2.40M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$637.14K	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$1.22M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$44.47M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$28.37M	USD	Point-in-time
Loan from credit union	`OtherLoansPayableLongTerm`	$4.25M	USD	Point-in-time
Loan from credit union	`OtherLoansPayableLongTerm`	$5.76M	USD	Point-in-time
Loan from a related party	`DueToRelatedPartiesNoncurrent`	$9.81M	USD	Point-in-time
Loan from a related party	`DueToRelatedPartiesNoncurrent`	$2.39M	USD	Point-in-time
Deferred gain on sale-leaseback	`SaleLeasebackTransactionDeferredGainNet`	$1.16M	USD	Point-in-time
Deferred gain on sale-leaseback	`SaleLeasebackTransactionDeferredGainNet`	$695.39K	USD	Point-in-time
Long-term obligations under capital lease	`LongTermDebtAndCapitalLeaseObligations`	$12.30M	USD	Point-in-time
Long-term obligations under capital lease	`LongTermDebtAndCapitalLeaseObligations`	$4.09M	USD	Point-in-time
Total liabilities	`Liabilities`	$48.47M	USD	Point-in-time
Total liabilities	`Liabilities`	$64.82M	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, 20,316,400 and 18,753,900 shares issued and outstanding as of December 31, 2014 and 2013, respectively	`CommonStockValue`	$20.32K	USD	Point-in-time
Common stock, 500,000,000 shares authorized, $0.001 par value per share, 20,316,400 and 18,753,900 shares issued and outstanding as of December 31, 2014 and 2013, respectively	`CommonStockValue`	$18.75K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$46.91M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$49.22M	USD	Point-in-time
Statutory earnings reserve	`RetainedEarningsAppropriated`	$6.04M	USD	Point-in-time
Statutory earnings reserve	`RetainedEarningsAppropriated`	$6.08M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$17.02M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$17.15M	USD	Point-in-time
Retained earnings	`RetainedEarningsUnappropriated`	$90.94M	USD	Point-in-time
Retained earnings	`RetainedEarningsUnappropriated`	$102.60M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$127.53M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$142.77M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$174.95M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$161.05M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$209.53M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$239.77M	USD	Point-in-time

Income Statement 86 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	$125.72M	USD	Annual
Revenues	`Revenues`	$40.75M	USD	1 Quarter
Revenues	`Revenues`	$33.04M	USD	1 Quarter
Revenues	`Revenues`	$32.70M	USD	1 Quarter
Revenues	`Revenues`	$35.25M	USD	1 Quarter
Revenues	`Revenues`	$25.75M	USD	1 Quarter
Revenues	`Revenues`	$137.04M	USD	Annual
Revenues	`Revenues`	$37.69M	USD	1 Quarter
Revenues	`Revenues`	$37.84M	USD	1 Quarter
Revenues	`Revenues`	$151.12M	USD	Annual
Revenues	`Revenues`	$19.75M	USD	1 Quarter
Cost of Sales	`CostOfGoodsSold`	$114.26M	USD	Annual
Cost of Sales	`CostOfGoodsSold`	$124.06M	USD	Annual
Cost of Sales	`CostOfGoodsSold`	$102.39M	USD	Annual
Gross Profit	`GrossProfit`	$1.63M	USD	1 Quarter
Gross Profit	`GrossProfit`	$8.44M	USD	1 Quarter
Gross Profit	`GrossProfit`	$6.41M	USD	1 Quarter
Gross Profit	`GrossProfit`	$7.16M	USD	1 Quarter
Gross Profit	`GrossProfit`	$6.12M	USD	1 Quarter
Gross Profit	`GrossProfit`	$5.58M	USD	1 Quarter
Gross Profit	`GrossProfit`	$27.06M	USD	Annual
Gross Profit	`GrossProfit`	$23.33M	USD	Annual
Gross Profit	`GrossProfit`	$6.10M	USD	1 Quarter
Gross Profit	`GrossProfit`	$22.78M	USD	Annual
Gross Profit	`GrossProfit`	$4.67M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$4.86M	USD	Annual
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$4.57M	USD	Annual
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$3.36M	USD	Annual
Loss on impairment of assets	`GainLossOnSalesOfAssetsAndAssetImpairmentCharges`	$-2.76M	USD	Annual
Loss on impairment of assets	`GainLossOnSalesOfAssetsAndAssetImpairmentCharges`	-	USD	Annual
Loss on impairment of assets	`GainLossOnSalesOfAssetsAndAssetImpairmentCharges`	-	USD	Annual
Gain from disposal of assets held for sale	`GainLossOnDispositionOfAssets1`	-	USD	Annual
Gain from disposal of assets held for sale	`GainLossOnDispositionOfAssets1`	$203.62K	USD	Annual
Gain from disposal of assets held for sale	`GainLossOnDispositionOfAssets1`	-	USD	Annual
(Loss) Gain from disposal of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-709.65K	USD	Annual
(Loss) Gain from disposal of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$45.29K	USD	Annual
(Loss) Gain from disposal of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$84.97K	USD	Annual
Income from Operations	`OperatingIncomeLoss`	$743.07K	USD	1 Quarter
Income from Operations	`OperatingIncomeLoss`	$20.98M	USD	Annual
Income from Operations	`OperatingIncomeLoss`	$3.59M	USD	1 Quarter
Income from Operations	`OperatingIncomeLoss`	$7.56M	USD	1 Quarter
Income from Operations	`OperatingIncomeLoss`	$4.93M	USD	1 Quarter
Income from Operations	`OperatingIncomeLoss`	$5.13M	USD	1 Quarter
Income from Operations	`OperatingIncomeLoss`	$17.41M	USD	Annual
Income from Operations	`OperatingIncomeLoss`	$3.76M	USD	1 Quarter
Income from Operations	`OperatingIncomeLoss`	$18.84M	USD	Annual
Income from Operations	`OperatingIncomeLoss`	$5.21M	USD	1 Quarter
Income from Operations	`OperatingIncomeLoss`	$5.33M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$30.67K	USD	Annual
Interest income	`InvestmentIncomeInterest`	$149.78K	USD	Annual
Interest income	`InvestmentIncomeInterest`	$90.26K	USD	Annual
Subsidy income	`SubsidyIncome`	-	USD	Annual
Subsidy income	`SubsidyIncome`	$171.12K	USD	Annual
Subsidy income	`SubsidyIncome`	$22.61K	USD	Annual
Interest expense	`InterestExpense`	$995.69K	USD	Annual
Interest expense	`InterestExpense`	$1.45M	USD	Annual
Interest expense	`InterestExpense`	$871.83K	USD	Annual
Income before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$18.11M	USD	Annual
Income before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$20.14M	USD	Annual
Income before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$16.14M	USD	Annual
Provision for Income Taxes	`IncomeTaxExpenseBenefit`	$5.09M	USD	Annual
Provision for Income Taxes	`IncomeTaxExpenseBenefit`	$5.46M	USD	Annual
Provision for Income Taxes	`IncomeTaxExpenseBenefit`	$4.43M	USD	Annual
Net income	`NetIncomeLoss`	$5.53M	USD	1 Quarter
Net income	`NetIncomeLoss`	$3.66M	USD	1 Quarter
Net income	`NetIncomeLoss`	$11.71M	USD	Annual
Net income	`NetIncomeLoss`	$2.23M	USD	1 Quarter
Net income	`NetIncomeLoss`	$3.37M	USD	1 Quarter
Net income	`NetIncomeLoss`	$2.53M	USD	1 Quarter
Net income	`NetIncomeLoss`	$13.01M	USD	Annual
Net income	`NetIncomeLoss`	$3.52M	USD	1 Quarter
Net income	`NetIncomeLoss`	$3.57M	USD	1 Quarter
Net income	`NetIncomeLoss`	$303.06K	USD	1 Quarter
Net income	`NetIncomeLoss`	$14.67M	USD	Annual
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$884.87K	USD	Annual
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-125.14K	USD	Annual
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$4.82M	USD	Annual
Total Comprehensive Income	`ComprehensiveIncomeNetOfTax`	$17.83M	USD	Annual
Total Comprehensive Income	`ComprehensiveIncomeNetOfTax`	$11.58M	USD	Annual
Total Comprehensive Income	`ComprehensiveIncomeNetOfTax`	$15.56M	USD	Annual
Basic and Fully Diluted Earnings per Share	`EarningsPerShareBasicAndDiluted`	$0.79	USD	Annual
Basic and Fully Diluted Earnings per Share	`EarningsPerShareBasicAndDiluted`	$0.61	USD	Annual
Basic and Fully Diluted Earnings per Share	`EarningsPerShareBasicAndDiluted`	$0.71	USD	Annual
Weighted Average Number of Shares Outstanding - Basic and Fully Diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	19.27M	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`	18.46M	shares	Annual

Cash Flow Statement 121 line items

Line Item	Tag	Value	Unit	Period
Net Income	`NetIncomeLoss`	$5.53M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$3.66M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$11.71M	USD	Annual
Net Income	`NetIncomeLoss`	$2.23M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$3.37M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$2.53M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$13.01M	USD	Annual
Net Income	`NetIncomeLoss`	$3.52M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$3.57M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$303.06K	USD	1 Quarter
Net Income	`NetIncomeLoss`	$14.67M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$8.38M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$8.29M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$7.79M	USD	Annual
Loss (Gain) from impairment and disposal of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-709.65K	USD	Annual
Loss (Gain) from impairment and disposal of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$45.29K	USD	Annual
Loss (Gain) from impairment and disposal of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$84.97K	USD	Annual
Gain from disposal of assets held for sale	`GainLossOnDispositionOfAssets1`	-	USD	Annual
Gain from disposal of assets held for sale	`GainLossOnDispositionOfAssets1`	$203.62K	USD	Annual
Gain from disposal of assets held for sale	`GainLossOnDispositionOfAssets1`	-	USD	Annual
Allowance for (Recovery from) bad debts	`AllowanceForLoanAndLeaseLossRecoveryOfBadDebts`	$-8.57K	USD	Annual
Allowance for (Recovery from) bad debts	`AllowanceForLoanAndLeaseLossRecoveryOfBadDebts`	$-7.99K	USD	Annual
Allowance for (Recovery from) bad debts	`AllowanceForLoanAndLeaseLossRecoveryOfBadDebts`	$19.63K	USD	Annual
Stock-based expense for service received	`ShareBasedCompensation`	$378.06K	USD	Annual
Stock-based expense for service received	`ShareBasedCompensation`	-	USD	Annual
Stock-based expense for service received	`ShareBasedCompensation`	$773.86K	USD	Annual
Deferred tax	`DeferredIncomeTaxExpenseBenefit`	$398.38K	USD	Annual
Deferred tax	`DeferredIncomeTaxExpenseBenefit`	$-941.21K	USD	Annual
Deferred tax	`DeferredIncomeTaxExpenseBenefit`	$409.67K	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-1.03M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$402.71K	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$413.16K	USD	Annual
Prepayments and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-1.21M	USD	Annual
Prepayments and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$295.76K	USD	Annual
Prepayments and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.80M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$5.02M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$-4.26M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$-4.11M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-1.77M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-117.31K	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-921.58K	USD	Annual
Notes payable	`IncreaseDecreaseInNotesPayableCurrent`	$1.61M	USD	Annual
Notes payable	`IncreaseDecreaseInNotesPayableCurrent`	$11.16M	USD	Annual
Notes payable	`IncreaseDecreaseInNotesPayableCurrent`	$3.17M	USD	Annual
Accrued payroll and employee benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-4.95K	USD	Annual
Accrued payroll and employee benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-17.31K	USD	Annual
Accrued payroll and employee benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$194.79K	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`	$-299.93K	USD	Annual
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-200.09K	USD	Annual
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-500.64K	USD	Annual
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-577.16K	USD	Annual
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$22.23M	USD	Annual
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$29.92M	USD	Annual
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$32.31M	USD	Annual
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$16.28M	USD	Annual
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$64.57M	USD	Annual
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$39.21M	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
Proceeds from sale of assets held for sale	`ProceedsFromSaleOfPropertyHeldForSale`	$1.08M	USD	Annual
Proceeds from sale of assets held for sale	`ProceedsFromSaleOfPropertyHeldForSale`	$2.68M	USD	Annual
Proceeds from sale of assets held for sale	`ProceedsFromSaleOfPropertyHeldForSale`	$1.61M	USD	Annual
Proceeds from disposal of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$175.59K	USD	Annual
Proceeds from disposal of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$241.71K	USD	Annual
Proceeds from disposal of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$2.59M	USD	Annual
Net Cash Used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-11.92M	USD	Annual
Net Cash Used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-60.36M	USD	Annual
Net Cash Used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-36.28M	USD	Annual
Proceeds from issuing of common stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	Annual
Proceeds from issuing of common stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	Annual
Proceeds from issuing of common stock	`ProceedsFromIssuanceOfCommonStock`	$2.31M	USD	Annual
Proceeds from related party loans	`ProceedsFromRelatedPartyDebt`	$1.39M	USD	Annual
Proceeds from related party loans	`ProceedsFromRelatedPartyDebt`	$10.56M	USD	Annual
Proceeds from related party loans	`ProceedsFromRelatedPartyDebt`	$1.03M	USD	Annual
Repayment of related party loans	`RepaymentsOfRelatedPartyDebt`	$793.50K	USD	Annual
Repayment of related party loans	`RepaymentsOfRelatedPartyDebt`	$1.23M	USD	Annual
Repayment of related party loans	`RepaymentsOfRelatedPartyDebt`	$1.39M	USD	Annual
Proceeds from bank loans	`ProceedsFromBankDebt`	$5.94M	USD	Annual
Proceeds from bank loans	`ProceedsFromBankDebt`	$10.70M	USD	Annual
Proceeds from bank loans	`ProceedsFromBankDebt`	$11.37M	USD	Annual
Proceeds from sale-leaseback financing	`SaleLeasebackTransactionNetProceedsInvestingActivities`	-	USD	Annual
Proceeds from sale-leaseback financing	`SaleLeasebackTransactionNetProceedsInvestingActivities`	-	USD	Annual
Proceeds from sale-leaseback financing	`SaleLeasebackTransactionNetProceedsInvestingActivities`	$24.22M	USD	Annual
Repayments of bank loans	`RepaymentsOfBankDebt`	$8.28M	USD	Annual
Repayments of bank loans	`RepaymentsOfBankDebt`	$4.83M	USD	Annual
Repayments of bank loans	`RepaymentsOfBankDebt`	$8.11M	USD	Annual
Payment of capital lease obligation	`RepaymentsOfLongTermCapitalLeaseObligations`	$5.41M	USD	Annual
Payment of capital lease obligation	`RepaymentsOfLongTermCapitalLeaseObligations`	-	USD	Annual
Payment of capital lease obligation	`RepaymentsOfLongTermCapitalLeaseObligations`	$4.20M	USD	Annual
Restricted cash	`ProceedsFromRepaymentsOfRestrictedCashFinancingActivities`	$-807.19K	USD	Annual
Restricted cash	`ProceedsFromRepaymentsOfRestrictedCashFinancingActivities`	$-6.40M	USD	Annual
Restricted cash	`ProceedsFromRepaymentsOfRestrictedCashFinancingActivities`	$-1.58M	USD	Annual
Dividend Paid	`PaymentsOfDividendsCommonStock`	$692.24K	USD	Annual
Dividend Paid	`PaymentsOfDividendsCommonStock`	$323.03K	USD	Annual
Dividend Paid	`PaymentsOfDividendsCommonStock`	-	USD	Annual
Net Cash Provided by (Used in) Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.37M	USD	Annual
Net Cash Provided by (Used in) Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$4.73M	USD	Annual
Net Cash Provided by (Used in) Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$20.10M	USD	Annual
Effect of Exchange Rate Changes on Cash and Cash Equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-5.77K	USD	Annual
Effect of Exchange Rate Changes on Cash and Cash Equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$26.13K	USD	Annual
Effect of Exchange Rate Changes on Cash and Cash Equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$330.73K	USD	Annual
Net Increase (Decrease) in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$8.97M	USD	Annual
Net Increase (Decrease) in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-10.01M	USD	Annual
Net Increase (Decrease) in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$760.31K	USD	Annual
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`	$3.89M	USD	Point-in-time
Cash and Cash Equivalents - Beginning 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`	$3.89M	USD	Point-in-time
Cash and Cash Equivalents - End of Period	`CashAndCashEquivalentsAtCarryingValue`	$3.13M	USD	Point-in-time
Cash paid for interest, net of capitalized interest cost	`InterestPaid`	$486.28K	USD	Annual
Cash paid for interest, net of capitalized interest cost	`InterestPaid`	$1.83M	USD	Annual
Cash paid for interest, net of capitalized interest cost	`InterestPaid`	$708.09K	USD	Annual
Cash paid for income taxes	`IncomeTaxesPaid`	$4.61M	USD	Annual
Cash paid for income taxes	`IncomeTaxesPaid`	$6.91M	USD	Annual
Cash paid for income taxes	`IncomeTaxesPaid`	$4.88M	USD	Annual

Stockholders Equity 32 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquity`	$127.53M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$142.77M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$174.95M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$161.05M	USD	Point-in-time
Issuance of shares	`StockIssuedDuringPeriodValueNewIssues`	$1.50M	USD	Annual
Issuance of warrants	`AdjustmentsToAdditionalPaidInCapitalWarrantIssued`	$815.19K	USD	Annual
Issuance of shares to officer and directors	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$378.06K	USD	Annual
Issuance of shares to officer and directors	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$378.06K	USD	Point-in-time
Issuance of shares to officer and directors	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$790.02K	USD	Annual
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$884.87K	USD	Annual
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-125.14K	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
Cancellation of certain director compensation shares	`StockIssuedDuringPeriodValueShareBasedCompensationForfeited`	$-16.16K	USD	Annual
Cash dividend paid	`DividendsCommonStockCash`	$-692.24K	USD	Annual
Cash dividend paid	`DividendsCommonStockCash`	$-323.03K	USD	Annual
Net Income	`NetIncomeLoss`	$5.53M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$3.66M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$11.71M	USD	Annual
Net Income	`NetIncomeLoss`	$2.23M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$3.37M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$2.53M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$13.01M	USD	Annual
Net Income	`NetIncomeLoss`	$3.52M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$3.57M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$303.06K	USD	1 Quarter
Net Income	`NetIncomeLoss`	$14.67M	USD	Annual
Balance	`StockholdersEquity`	$127.53M	USD	Point-in-time
Balance	`StockholdersEquity`	$142.77M	USD	Point-in-time
Balance	`StockholdersEquity`	$174.95M	USD	Point-in-time
Balance	`StockholdersEquity`	$161.05M	USD	Point-in-time

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