10-Q Filing

Greenland Technologies Holding Corp. CIK: 1735041 Q2 2021

Filing Information

Form Type	10-Q
Accession Number	`0001213900-21-041724`
Period End Date	20210630
Filing Date	20210811
Fiscal Year	2021
Fiscal Period	Q2
XBRL Instance	f10q0621_greenlandtech_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 92 Income Statement 92 Cash Flow Statement 100 Stockholders Equity 28

Balance Sheet 92 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, net of allowance for doubtful accounts (in Dollars)	`AccountsReceivableNetOfAllowanceForDoubtfulAccounts`	$986.53K	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts (in Dollars)	`AccountsReceivableNetOfAllowanceForDoubtfulAccounts`	$996.98K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$7.16M	USD	Point-in-time
Ordinary shares, par value (in Dollars per share)	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$10.76M	USD	Point-in-time
Ordinary shares, par value (in Dollars per share)	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$9.77M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$2.24M	USD	Point-in-time
Ordinary shares, issued	`CommonStockSharesIssued`	10.23M	shares	Point-in-time
Notes receivables	`AccountsAndOtherReceivablesNetCurrent`	$30.80M	USD	Point-in-time
Ordinary shares, issued	`CommonStockSharesIssued`	11.45M	shares	Point-in-time
Notes receivables	`AccountsAndOtherReceivablesNetCurrent`	$33.11M	USD	Point-in-time
Ordinary shares, outstanding	`CommonStockSharesOutstanding`	10.23M	shares	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $996,984 and $986,532, respectively	`AccountsReceivableNetCurrent`	$12.41M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $996,984 and $986,532, respectively	`AccountsReceivableNetCurrent`	$20.52M	USD	Point-in-time
Ordinary shares, outstanding	`CommonStockSharesOutstanding`	11.45M	shares	Point-in-time
Inventories	`InventoryNet`	$17.73M	USD	Point-in-time
Inventories	`InventoryNet`	$15.38M	USD	Point-in-time
Due from related parties-current	`DueFromRelatedPartiesCurrent`	$38.95M	USD	Point-in-time
Due from related parties-current	`DueFromRelatedPartiesCurrent`	$38.54M	USD	Point-in-time
Advance to suppliers	`AdvanceToSuppliers`	$447.90K	USD	Point-in-time
Advance to suppliers	`AdvanceToSuppliers`	$732.02K	USD	Point-in-time
Prepayments and other current assets	`OtherAssetsCurrent`	$542.88K	USD	Point-in-time
Prepayments and other current assets	`OtherAssetsCurrent`	$664.93K	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$132.11M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$107.64M	USD	Point-in-time
Property, plant, equipment and construction in progress, net	`PropertyPlantAndEquipmentNet`	$20.14M	USD	Point-in-time
Property, plant, equipment and construction in progress, net	`PropertyPlantAndEquipmentNet`	$19.53M	USD	Point-in-time
Land use rights, net	`OperatingLeaseRightOfUseAsset`	$4.04M	USD	Point-in-time
Land use rights, net	`OperatingLeaseRightOfUseAsset`	$4.03M	USD	Point-in-time
Other intangible assets	`OtherIntangibleAssetsNet`	-	USD	Point-in-time
Other intangible assets	`OtherIntangibleAssetsNet`	-	USD	Point-in-time
Due from related parties non-current	`DueFromRelatedPartiesNoncurrent`	-	USD	Point-in-time
Due from related parties non-current	`DueFromRelatedPartiesNoncurrent`	-	USD	Point-in-time
Deferred tax assets	`DeferedTaxAssets`	$158.70K	USD	Point-in-time
Deferred tax assets	`DeferedTaxAssets`	$158.46K	USD	Point-in-time
Goodwill	`Goodwill`	$3.89K	USD	Point-in-time
Goodwill	`Goodwill`	$3.89K	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$158.46K	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$41.86K	USD	Point-in-time
Total non-current assets	`AssetsNoncurrent`	$23.77M	USD	Point-in-time
Total non-current assets	`AssetsNoncurrent`	$24.34M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$155.88M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$131.98M	USD	Point-in-time
Short-term bank loans	`ShortTermBorrowings`	$18.49M	USD	Point-in-time
Short-term bank loans	`ShortTermBorrowings`	$11.90M	USD	Point-in-time
Notes payable-bank acceptance notes	`NotesPayableToBankCurrent`	$38.20M	USD	Point-in-time
Notes payable-bank acceptance notes	`NotesPayableToBankCurrent`	$25.89M	USD	Point-in-time
Accounts payable	`TaxesPayables`	$22.01M	USD	Point-in-time
Accounts payable	`TaxesPayables`	$28.30M	USD	Point-in-time
Customer deposits	`ContractWithCustomerLiabilityCurrent`	$163.44K	USD	Point-in-time
Customer deposits	`ContractWithCustomerLiabilityCurrent`	$366.03K	USD	Point-in-time
Due to related parties	`DueToRelatedPartiesCurrent`	$7.90M	USD	Point-in-time
Due to related parties	`DueToRelatedPartiesCurrent`	$9.05M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$2.21M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$1.48M	USD	Point-in-time
Long-term payable- current portion	`LoansPayableCurrent`	$584.00K	USD	Point-in-time
Long-term payable- current portion	`LoansPayableCurrent`	$797.18K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$78.81M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$88.53M	USD	Point-in-time
Long-term payables	`LongTermLoansPayable`	-	USD	Point-in-time
Long-term payables	`LongTermLoansPayable`	$166.29K	USD	Point-in-time
Other long-term liabilities	`OtherLongTermDebtNoncurrent`	$2.24M	USD	Point-in-time
Other long-term liabilities	`OtherLongTermDebtNoncurrent`	$2.34M	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$2.51M	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$2.24M	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$81.32M	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$90.77M	USD	Point-in-time
COMMITMENTS AND CONTINGENCIES	`CommitmentsAndContingencies`	-	USD	Point-in-time
COMMITMENTS AND CONTINGENCIES	`CommitmentsAndContingencies`	-	USD	Point-in-time
Ordinary shares, no par value, unlimited shares authorized; 11,448,327 and 10,225,142 shares issued and outstanding as of June 30, 2021 and December 31, 2020.	`CommonStockValue`	-	USD	Point-in-time
Ordinary shares, no par value, unlimited shares authorized; 11,448,327 and 10,225,142 shares issued and outstanding as of June 30, 2021 and December 31, 2020.	`CommonStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.37M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$21.98M	USD	Point-in-time
Statutory reserves	`StatutoryAccountingPracticesStatutoryCapitalAndSurplusRequired`	$4.52M	USD	Point-in-time
Statutory reserves	`StatutoryAccountingPracticesStatutoryCapitalAndSurplusRequired`	$3.84M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$32.31M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$26.73M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$339.46K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-62.92K	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$44.89M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$58.48M	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$5.77M	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$6.63M	USD	Point-in-time
TOTAL EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$54.76M	USD	Point-in-time
TOTAL EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$47.54M	USD	Point-in-time
TOTAL EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$46.03M	USD	Point-in-time
TOTAL EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$50.66M	USD	Point-in-time
TOTAL EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$46.96M	USD	Point-in-time
TOTAL EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$65.11M	USD	Point-in-time
TOTAL LIABILITIES AND SHAREHOLDERS EQUITY	`LiabilitiesAndStockholdersEquity`	$155.88M	USD	Point-in-time
TOTAL LIABILITIES AND SHAREHOLDERS EQUITY	`LiabilitiesAndStockholdersEquity`	$131.98M	USD	Point-in-time

Income Statement 92 line items

Line Item	Tag	Value	Unit	Period
REVENUES	`Revenues`	$28.20M	USD	1 Quarter
REVENUES	`Revenues`	$52.82M	USD	2 Qtrs
REVENUES	`Revenues`	$16.58M	USD	1 Quarter
REVENUES	`Revenues`	$26.45M	USD	2 Qtrs
COST OF GOODS SOLD	`CostOfRevenue`	$42.01M	USD	2 Qtrs
COST OF GOODS SOLD	`CostOfRevenue`	$21.64M	USD	2 Qtrs
COST OF GOODS SOLD	`CostOfRevenue`	$22.50M	USD	1 Quarter
COST OF GOODS SOLD	`CostOfRevenue`	$13.69M	USD	1 Quarter
GROSS PROFIT	`GrossProfit`	$2.88M	USD	1 Quarter
GROSS PROFIT	`GrossProfit`	$10.81M	USD	2 Qtrs
GROSS PROFIT	`GrossProfit`	$4.81M	USD	2 Qtrs
GROSS PROFIT	`GrossProfit`	$5.71M	USD	1 Quarter
Selling expenses	`SellingExpense`	$304.54K	USD	1 Quarter
Selling expenses	`SellingExpense`	$874.69K	USD	2 Qtrs
Selling expenses	`SellingExpense`	$521.38K	USD	2 Qtrs
Selling expenses	`SellingExpense`	$495.46K	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$1.66M	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$1.52M	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$443.48K	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$752.21K	USD	1 Quarter
Research and development expenses	`ResearchAndDevelopmentExpense`	$1.01M	USD	1 Quarter
Research and development expenses	`ResearchAndDevelopmentExpense`	$475.65K	USD	1 Quarter
Research and development expenses	`ResearchAndDevelopmentExpense`	$1.96M	USD	2 Qtrs
Research and development expenses	`ResearchAndDevelopmentExpense`	$1.04M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$2.25M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$3.08M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$4.50M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$1.22M	USD	1 Quarter
INCOME FROM OPERATIONS	`OperatingIncomeLoss`	$6.31M	USD	2 Qtrs
INCOME FROM OPERATIONS	`OperatingIncomeLoss`	$1.66M	USD	1 Quarter
INCOME FROM OPERATIONS	`OperatingIncomeLoss`	$3.45M	USD	1 Quarter
INCOME FROM OPERATIONS	`OperatingIncomeLoss`	$1.73M	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$75.83K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$9.43K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$4.83K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$42.52K	USD	1 Quarter
Interest expense	`InterestExpense`	$221.66K	USD	1 Quarter
Interest expense	`InterestExpense`	$389.07K	USD	1 Quarter
Interest expense	`InterestExpense`	$401.85K	USD	2 Qtrs
Interest expense	`InterestExpense`	$710.76K	USD	2 Qtrs
Other income	`OtherOperatingIncomeLoss`	$852.83K	USD	2 Qtrs
Other income	`OtherOperatingIncomeLoss`	$598.09K	USD	2 Qtrs
Other income	`OtherOperatingIncomeLoss`	$255.58K	USD	1 Quarter
Other income	`OtherOperatingIncomeLoss`	$311.11K	USD	1 Quarter
INCOME BEFORE INCOME TAX	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$3.55M	USD	1 Quarter
INCOME BEFORE INCOME TAX	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.94M	USD	2 Qtrs
INCOME BEFORE INCOME TAX	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$6.51M	USD	2 Qtrs
INCOME BEFORE INCOME TAX	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.57M	USD	1 Quarter
INCOME TAX	`IncomeTaxExpenseBenefit`	$916.77K	USD	2 Qtrs
INCOME TAX	`IncomeTaxExpenseBenefit`	$145.16K	USD	2 Qtrs
INCOME TAX	`IncomeTaxExpenseBenefit`	$95.97K	USD	1 Quarter
INCOME TAX	`IncomeTaxExpenseBenefit`	$394.16K	USD	1 Quarter
NET INCOME	`ProfitLoss`	$1.80M	USD	2 Qtrs
NET INCOME	`ProfitLoss`	$1.47M	USD	1 Quarter
NET INCOME	`ProfitLoss`	$5.60M	USD	2 Qtrs
NET INCOME	`ProfitLoss`	$3.15M	USD	1 Quarter
LESS: NET INCOME ATTRIBUTABLE TO NONCONTROLLING INTEREST	`NetIncomeLossAttributableToNoncontrollingInterest`	$283.83K	USD	2 Qtrs
LESS: NET INCOME ATTRIBUTABLE TO NONCONTROLLING INTEREST	`NetIncomeLossAttributableToNoncontrollingInterest`	$686.24K	USD	2 Qtrs
LESS: NET INCOME ATTRIBUTABLE TO NONCONTROLLING INTEREST	`NetIncomeLossAttributableToNoncontrollingInterest`	$212.41K	USD	1 Quarter
LESS: NET INCOME ATTRIBUTABLE TO NONCONTROLLING INTEREST	`NetIncomeLossAttributableToNoncontrollingInterest`	$371.57K	USD	1 Quarter
NET INCOME ATTRIBUTABLE TO GREENLAND TECHNOLOGIES HOLDING CORPORATION AND SUBSIDIARIES	`NetIncomeLoss`	$1.26M	USD	1 Quarter
NET INCOME ATTRIBUTABLE TO GREENLAND TECHNOLOGIES HOLDING CORPORATION AND SUBSIDIARIES	`NetIncomeLoss`	$1.52M	USD	2 Qtrs
NET INCOME ATTRIBUTABLE TO GREENLAND TECHNOLOGIES HOLDING CORPORATION AND SUBSIDIARIES	`NetIncomeLoss`	$4.91M	USD	2 Qtrs
NET INCOME ATTRIBUTABLE TO GREENLAND TECHNOLOGIES HOLDING CORPORATION AND SUBSIDIARIES	`NetIncomeLoss`	$2.78M	USD	1 Quarter
OTHER COMPREHENSIVE INCOME (LOSS):	`OtherComprehensiveIncomeLossTaxPortionAttributableToParent1`	$-575.73K	USD	2 Qtrs
OTHER COMPREHENSIVE INCOME (LOSS):	`OtherComprehensiveIncomeLossTaxPortionAttributableToParent1`	$-58.84K	USD	1 Quarter
OTHER COMPREHENSIVE INCOME (LOSS):	`OtherComprehensiveIncomeLossTaxPortionAttributableToParent1`	$-833.96K	USD	1 Quarter
OTHER COMPREHENSIVE INCOME (LOSS):	`OtherComprehensiveIncomeLossTaxPortionAttributableToParent1`	$1.25M	USD	2 Qtrs
Unrealized foreign currency translation income (loss) attributable to Greenland technologies holding corporation and subsidiaries	`UnrealizedForeignCurrencyTranslationIncomelossAttributableToGreenlandTechnologiesHoldin`	$45.18K	USD	1 Quarter
Unrealized foreign currency translation income (loss) attributable to Greenland technologies holding corporation and subsidiaries	`UnrealizedForeignCurrencyTranslationIncomelossAttributableToGreenlandTechnologiesHoldin`	$591.48K	USD	1 Quarter
Unrealized foreign currency translation income (loss) attributable to Greenland technologies holding corporation and subsidiaries	`UnrealizedForeignCurrencyTranslationIncomelossAttributableToGreenlandTechnologiesHoldin`	$402.38K	USD	2 Qtrs
Unrealized foreign currency translation income (loss) attributable to Greenland technologies holding corporation and subsidiaries	`UnrealizedForeignCurrencyTranslationIncomelossAttributableToGreenlandTechnologiesHoldin`	$-559.81K	USD	2 Qtrs
Unrealized foreign currency translation income (loss) attributable to Noncontrolling interest	`UnrealizedForeignCurrencyTranslationIncomeAttributableToNoncontrollingInterest`	$242.48K	USD	1 Quarter
Unrealized foreign currency translation income (loss) attributable to Noncontrolling interest	`UnrealizedForeignCurrencyTranslationIncomeAttributableToNoncontrollingInterest`	$-687.11K	USD	2 Qtrs
Unrealized foreign currency translation income (loss) attributable to Noncontrolling interest	`UnrealizedForeignCurrencyTranslationIncomeAttributableToNoncontrollingInterest`	$173.35K	USD	2 Qtrs
Unrealized foreign currency translation income (loss) attributable to Noncontrolling interest	`UnrealizedForeignCurrencyTranslationIncomeAttributableToNoncontrollingInterest`	$13.65K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$3.37M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$5.31M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$1.30M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$955.95K	USD	2 Qtrs
Noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$859.59K	USD	2 Qtrs
Noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$226.07K	USD	1 Quarter
Noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-403.28K	USD	2 Qtrs
Noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$614.05K	USD	1 Quarter
Basic and diluted (in Shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	10.02M	shares	1 Quarter
Basic and diluted (in Shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	10.57M	shares	2 Qtrs
Basic and diluted (in Shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	10.02M	shares	2 Qtrs
Basic and diluted (in Shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	10.81M	shares	1 Quarter
Basic and diluted (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.26	USD	1 Quarter
Basic and diluted (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.46	USD	2 Qtrs
Basic and diluted (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.15	USD	2 Qtrs
Basic and diluted (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.13	USD	1 Quarter

Cash Flow Statement 100 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$1.80M	USD	2 Qtrs
Net income	`ProfitLoss`	$1.47M	USD	1 Quarter
Net income	`ProfitLoss`	$5.60M	USD	2 Qtrs
Net income	`ProfitLoss`	$3.15M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.25M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.16M	USD	2 Qtrs
Loss on disposal of property and equipment	`IncreaseDecreaseLossOnDisposalOfPropertyAndEquipment`	$959.00	USD	2 Qtrs
Loss on disposal of property and equipment	`IncreaseDecreaseLossOnDisposalOfPropertyAndEquipment`	-	USD	2 Qtrs
Increase in allowance for doubtful accounts	`ProvisionForDoubtfulAccounts`	$127.67K	USD	2 Qtrs
Increase in allowance for doubtful accounts	`ProvisionForDoubtfulAccounts`	-	USD	2 Qtrs
Increase (Decrease) in allowance for notes receivable	`IncreaseDecreaseInAllowanceForNotesReceivable`	$11.23K	USD	2 Qtrs
Increase (Decrease) in allowance for notes receivable	`IncreaseDecreaseInAllowanceForNotesReceivable`	-	USD	2 Qtrs
Increase (Decrease) in provision for inventory	`IncreaseInProvisionForInventory`	$44.44K	USD	2 Qtrs
Increase (Decrease) in provision for inventory	`IncreaseInProvisionForInventory`	-	USD	2 Qtrs
Deferred tax assets	`IncreaseDecreaseInDerivativeAssets`	$-1.43K	USD	2 Qtrs
Deferred tax assets	`IncreaseDecreaseInDerivativeAssets`	$27.50K	USD	2 Qtrs
Stock based compensation expense	`ShareBasedCompensation`	$42.80K	USD	2 Qtrs
Stock based compensation expense	`ShareBasedCompensation`	$51.00K	USD	2 Qtrs
Loss on prepayment of financing lease obligations	`IncreaseDecreaseLossOnPrepaymentOfFinancingLeaseObligations`	$-52.68K	USD	2 Qtrs
Loss on prepayment of financing lease obligations	`IncreaseDecreaseLossOnPrepaymentOfFinancingLeaseObligations`	-	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$2.87M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$7.97M	USD	2 Qtrs
Notes receivable	`IncreaseDecreaseInNotesReceivableCurrent`	$76.38K	USD	2 Qtrs
Notes receivable	`IncreaseDecreaseInNotesReceivableCurrent`	$1.98M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$2.18M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$33.55K	USD	2 Qtrs
Advance to suppliers	`IncreaseDecreaseInAdvanceToSuppliers`	$278.92K	USD	2 Qtrs
Advance to suppliers	`IncreaseDecreaseInAdvanceToSuppliers`	$15.62K	USD	2 Qtrs
Other current and noncurrent assets	`IncreaseDecreaseOtherCurrentAndNoncurrentAssets`	$128.88K	USD	2 Qtrs
Other current and noncurrent assets	`IncreaseDecreaseOtherCurrentAndNoncurrentAssets`	$105.61K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$3.74M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$6.05M	USD	2 Qtrs
Customer deposits	`IncreaseDecreaseInContractWithCustomerAsset`	$-248.95K	USD	2 Qtrs
Customer deposits	`IncreaseDecreaseInContractWithCustomerAsset`	$206.14K	USD	2 Qtrs
Other current liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$-604.81K	USD	2 Qtrs
Other current liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$121.78K	USD	2 Qtrs
Income tax payable	`IncreaseDecreaseInAccruedTaxesPayable`	-	USD	2 Qtrs
Income tax payable	`IncreaseDecreaseInAccruedTaxesPayable`	$118.93K	USD	2 Qtrs
Due to related parties	`IncreaseDecreaseInDueToRelatedParties`	$316.78K	USD	2 Qtrs
Due to related parties	`IncreaseDecreaseInDueToRelatedParties`	$-391.34K	USD	2 Qtrs
Long-term payables-unamortized deferred financing costs	`LongtermPayablesunamortizedDeferredFinancingCosts`	$2.47K	USD	2 Qtrs
Long-term payables-unamortized deferred financing costs	`LongtermPayablesunamortizedDeferredFinancingCosts`	$-185.56K	USD	2 Qtrs
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-116.09K	USD	2 Qtrs
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-248.80K	USD	2 Qtrs
NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$4.83M	USD	2 Qtrs
NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$-778.42K	USD	2 Qtrs
Purchases of Long term assets	`PaymentsToAcquireLandHeldForUse`	$439.87K	USD	2 Qtrs
Purchases of Long term assets	`PaymentsToAcquireLandHeldForUse`	$425.86K	USD	2 Qtrs
Proceeds from government grants for construction	`ProceedsFromGovernmentGrantsForConstruction`	$-122.48K	USD	2 Qtrs
Proceeds from government grants for construction	`ProceedsFromGovernmentGrantsForConstruction`	$-242.96K	USD	2 Qtrs
NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	$-196.92K	USD	2 Qtrs
NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	$-303.38K	USD	2 Qtrs
Proceeds from short-term bank loans	`ProceedsFromShortTermDebt`	$773.14K	USD	2 Qtrs
Proceeds from short-term bank loans	`ProceedsFromShortTermDebt`	$3.26M	USD	2 Qtrs
Repayments of short-term bank loans	`RepaymentsOfOtherShortTermDebt`	$7.55M	USD	2 Qtrs
Repayments of short-term bank loans	`RepaymentsOfOtherShortTermDebt`	-	USD	2 Qtrs
Repayments of long-term bank loans	`RepaymentsOfOtherDebt`	-	USD	2 Qtrs
Repayments of long-term bank loans	`RepaymentsOfOtherDebt`	-	USD	2 Qtrs
Notes payable	`ProceedsFromRepaymentsOfNotesPayable`	$-3.64M	USD	2 Qtrs
Notes payable	`ProceedsFromRepaymentsOfNotesPayable`	$12.02M	USD	2 Qtrs
Proceeds from related parties	`ProceedsFromRelatedParties`	$625.72K	USD	2 Qtrs
Proceeds from related parties	`ProceedsFromRelatedParties`	$422.32K	USD	2 Qtrs
Repayment of loans from related parties	`RepaymentsOfRelatedPartyDebt`	$496.63K	USD	2 Qtrs
Repayment of loans from related parties	`RepaymentsOfRelatedPartyDebt`	$1.28M	USD	2 Qtrs
Repayment of loans from third parties	`RepaymentsOfOtherLongTermDebt`	$309.26K	USD	2 Qtrs
Repayment of loans from third parties	`RepaymentsOfOtherLongTermDebt`	$4.97M	USD	2 Qtrs
Proceeds from third parties	`ProceedsFromThirdParties`	$4.33M	USD	2 Qtrs
Proceeds from third parties	`ProceedsFromThirdParties`	$154.63K	USD	2 Qtrs
Dividend paid	`PaymentsOfDividends`	$13.45K	USD	2 Qtrs
Dividend paid	`PaymentsOfDividends`	-	USD	2 Qtrs
Proceeds received from financing lease obligation	`ProceedsReceivedFromFinancingLeaseObligation`	-	USD	2 Qtrs
Proceeds received from financing lease obligation	`ProceedsReceivedFromFinancingLeaseObligation`	$-1.42M	USD	2 Qtrs
Prepayment of lease-financing obligations	`PrepaymentOfLeasefinancingObligations`	-	USD	2 Qtrs
Prepayment of lease-financing obligations	`PrepaymentOfLeasefinancingObligations`	$2.28M	USD	2 Qtrs
Payment of principal on financing lease obligation	`PaymentOfPrincipalOnFinancingLeaseObligation`	$1.31M	USD	2 Qtrs
Payment of principal on financing lease obligation	`PaymentOfPrincipalOnFinancingLeaseObligation`	$386.57K	USD	2 Qtrs
Proceeds from equity and debt finaning	`ProceedsFromIssuanceOfDebt`	$8.23M	USD	2 Qtrs
Proceeds from equity and debt finaning	`ProceedsFromIssuanceOfDebt`	-	USD	2 Qtrs
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$-3.06M	USD	2 Qtrs
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$12.07M	USD	2 Qtrs
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS AND RESTRICTED CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$1.57M	USD	2 Qtrs
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS AND RESTRICTED CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$10.99M	USD	2 Qtrs
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$134.00K	USD	2 Qtrs
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-574.06K	USD	2 Qtrs
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH AT BEGINNING OF YEAR	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$6.71M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH AT BEGINNING OF YEAR	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$5.72M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH AT BEGINNING OF YEAR	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$20.52M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH AT BEGINNING OF YEAR	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$9.40M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$6.71M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$5.72M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$20.52M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$9.40M	USD	Point-in-time
Bank balances and cash	`BankBalancesAndCash`	$4.53M	USD	2 Qtrs
Bank balances and cash	`BankBalancesAndCash`	$10.76M	USD	2 Qtrs
Bank balances and cash included in assets classified as restricted cash	`BankBalancesAndCashIncludedInAssetsClassifiedAsRestrictedCash`	$2.19M	USD	2 Qtrs
Bank balances and cash included in assets classified as restricted cash	`BankBalancesAndCashIncludedInAssetsClassifiedAsRestrictedCash`	$9.77M	USD	2 Qtrs
Income taxes paid	`IncomeTaxesPaidNet`	$209.78K	USD	2 Qtrs
Income taxes paid	`IncomeTaxesPaidNet`	$782.60K	USD	2 Qtrs
Interest paid	`InterestPaidNet`	$408.58K	USD	2 Qtrs
Interest paid	`InterestPaidNet`	$638.21K	USD	2 Qtrs

Stockholders Equity 28 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$54.76M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$47.54M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$46.03M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$50.66M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$46.96M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$65.11M	USD	Point-in-time
Restricted stock grants	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	$51.00K	USD	1 Quarter
Restricted stock grants	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	$42.80K	USD	1 Quarter
Sale of stock and warrants	`StockIssuedDuringPeriodValueNewIssues`	$6.37M	USD	1 Quarter
Sale of stock and warrants	`StockIssuedDuringPeriodValueNewIssues`	$1.86M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$1.47M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$2.44M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$3.15M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$328.08K	USD	1 Quarter
Transfer to statutory reserve	`TransferToStatutoryReserve`	-	USD	1 Quarter
Transfer to statutory reserve	`TransferToStatutoryReserve`	-	USD	1 Quarter
Transfer to statutory reserve	`TransferToStatutoryReserve`	-	USD	1 Quarter
Dividend	`StockIssuedDuringPeriodValueStockDividend`	$13.45K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$833.96K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$58.84K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.31M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-258.23K	USD	1 Quarter
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$54.76M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$47.54M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$46.03M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$50.66M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$46.96M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$65.11M	USD	Point-in-time

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