10-Q Filing

Greenland Technologies Holding Corp. CIK: 1735041 Q3 2021

Filing Information

Form Type	10-Q
Accession Number	`0001213900-21-058775`
Period End Date	20210930
Filing Date	20211112
Fiscal Year	2021
Fiscal Period	Q3
XBRL Instance	f10q0921_greenlandtech_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 99 Income Statement 92 Cash Flow Statement 98 Stockholders Equity 38

Balance Sheet 99 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`	$999.03K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$9.02M	USD	Point-in-time
Ordinary shares, par value (in Dollars per share)	`CommonStockParOrStatedValuePerShare`	-	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
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$2.24M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$6.64M	USD	Point-in-time
Ordinary shares, issued	`CommonStockSharesIssued`	11.37M	shares	Point-in-time
Ordinary shares, issued	`CommonStockSharesIssued`	10.23M	shares	Point-in-time
Short term investment	`ShortTermInvestments`	$500.00K	USD	Point-in-time
Ordinary shares, outstanding	`CommonStockSharesOutstanding`	11.37M	shares	Point-in-time
Notes receivables	`AccountsAndOtherReceivablesNetCurrent`	$30.80M	USD	Point-in-time
Notes receivables	`AccountsAndOtherReceivablesNetCurrent`	$37.03M	USD	Point-in-time
Ordinary shares, outstanding	`CommonStockSharesOutstanding`	10.23M	shares	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $999,026 and $986,532, respectively	`AccountsReceivableNetCurrent`	$21.32M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $999,026 and $986,532, respectively	`AccountsReceivableNetCurrent`	$12.41M	USD	Point-in-time
Inventories	`InventoryNet`	$15.38M	USD	Point-in-time
Inventories	`InventoryNet`	$20.61M	USD	Point-in-time
Due from related parties-current	`DueFromRelatedPartiesCurrent`	$39.03M	USD	Point-in-time
Due from related parties-current	`DueFromRelatedPartiesCurrent`	$38.54M	USD	Point-in-time
Advance to suppliers	`AdvanceToSuppliers`	$207.37K	USD	Point-in-time
Advance to suppliers	`AdvanceToSuppliers`	$447.90K	USD	Point-in-time
Prepayments and other current assets	`OtherAssetsCurrent`	$664.93K	USD	Point-in-time
Prepayments and other current assets	`OtherAssetsCurrent`	$94.24K	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$134.44M	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`	$19.31M	USD	Point-in-time
Land use rights, net	`LandUseRightNet`	$4.01M	USD	Point-in-time
Land use rights, net	`LandUseRightNet`	$4.04M	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`	$158.43K	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
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$88.78K	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$158.46K	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$37.21K	USD	Point-in-time
Total non-current assets	`AssetsNoncurrent`	$24.34M	USD	Point-in-time
Total non-current assets	`AssetsNoncurrent`	$23.62M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$158.06M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$131.98M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$70.00K	USD	Point-in-time
Short-term bank loans	`ShortTermBorrowings`	$8.66M	USD	Point-in-time
Short-term bank loans	`ShortTermBorrowings`	$18.49M	USD	Point-in-time
Notes payable-bank acceptance notes	`NotesPayableToBankCurrent`	$42.63M	USD	Point-in-time
Notes payable-bank acceptance notes	`NotesPayableToBankCurrent`	$25.89M	USD	Point-in-time
Accounts payable	`TaxesPayables`	$28.29M	USD	Point-in-time
Accounts payable	`TaxesPayables`	$22.01M	USD	Point-in-time
Customer deposits	`ContractWithCustomerLiabilityCurrent`	$366.03K	USD	Point-in-time
Customer deposits	`ContractWithCustomerLiabilityCurrent`	$335.63K	USD	Point-in-time
Due to related parties	`DueToRelatedPartiesCurrent`	$7.51M	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`	$1.49M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$32.81K	USD	Point-in-time
Long-term payable- current portion	`LoansPayableCurrent`	$797.18K	USD	Point-in-time
Long-term payable- current portion	`LoansPayableCurrent`	$390.29K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$89.34M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$78.81M	USD	Point-in-time
Long term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$56.13K	USD	Point-in-time
Long-term payables	`LongTermLoansPayable`	$166.29K	USD	Point-in-time
Long-term payables	`LongTermLoansPayable`	-	USD	Point-in-time
Other long-term liabilities	`OtherLongTermDebtNoncurrent`	$2.18M	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`	$91.58M	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; 11,371,171 and 10,225,142 shares issued and outstanding as of September 30, 2021 and December 31, 2020.	`CommonStockValue`	-	USD	Point-in-time
Ordinary shares, no par value, unlimited shares authorized; 11,371,171 and 10,225,142 shares issued and outstanding as of September 30, 2021 and December 31, 2020.	`CommonStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$21.98M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.37M	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`	$26.73M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$33.34M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$418.35K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-62.92K	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$59.58M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$44.89M	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$5.77M	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$6.89M	USD	Point-in-time
TOTAL EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$65.11M	USD	Point-in-time
TOTAL EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$46.96M	USD	Point-in-time
TOTAL EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$46.03M	USD	Point-in-time
TOTAL EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$66.48M	USD	Point-in-time
TOTAL EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$50.66M	USD	Point-in-time
TOTAL EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$51.66M	USD	Point-in-time
TOTAL EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$47.54M	USD	Point-in-time
TOTAL EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$54.76M	USD	Point-in-time
TOTAL LIABILITIES AND SHAREHOLDERS EQUITY	`LiabilitiesAndStockholdersEquity`	$131.98M	USD	Point-in-time
TOTAL LIABILITIES AND SHAREHOLDERS EQUITY	`LiabilitiesAndStockholdersEquity`	$158.06M	USD	Point-in-time

Income Statement 92 line items

Line Item	Tag	Value	Unit	Period
REVENUES	`Revenues`	$23.08M	USD	1 Quarter
REVENUES	`Revenues`	$42.97M	USD	3 Qtrs
REVENUES	`Revenues`	$16.52M	USD	1 Quarter
REVENUES	`Revenues`	$75.90M	USD	3 Qtrs
COST OF GOODS SOLD	`CostOfRevenue`	$59.99M	USD	3 Qtrs
COST OF GOODS SOLD	`CostOfRevenue`	$34.76M	USD	3 Qtrs
COST OF GOODS SOLD	`CostOfRevenue`	$13.12M	USD	1 Quarter
COST OF GOODS SOLD	`CostOfRevenue`	$17.99M	USD	1 Quarter
GROSS PROFIT	`GrossProfit`	$15.91M	USD	3 Qtrs
GROSS PROFIT	`GrossProfit`	$5.10M	USD	1 Quarter
GROSS PROFIT	`GrossProfit`	$3.40M	USD	1 Quarter
GROSS PROFIT	`GrossProfit`	$8.20M	USD	3 Qtrs
Selling expenses	`SellingExpense`	$270.65K	USD	1 Quarter
Selling expenses	`SellingExpense`	$522.77K	USD	1 Quarter
Selling expenses	`SellingExpense`	$792.03K	USD	3 Qtrs
Selling expenses	`SellingExpense`	$1.40M	USD	3 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$1.84M	USD	3 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$2.81M	USD	3 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$324.07K	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$1.15M	USD	1 Quarter
Research and development expenses	`ResearchAndDevelopmentExpense`	$1.37M	USD	1 Quarter
Research and development expenses	`ResearchAndDevelopmentExpense`	$564.20K	USD	1 Quarter
Research and development expenses	`ResearchAndDevelopmentExpense`	$1.60M	USD	3 Qtrs
Research and development expenses	`ResearchAndDevelopmentExpense`	$3.34M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$1.16M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$4.24M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$3.05M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$7.55M	USD	3 Qtrs
INCOME FROM OPERATIONS	`OperatingIncomeLoss`	$8.36M	USD	3 Qtrs
INCOME FROM OPERATIONS	`OperatingIncomeLoss`	$2.05M	USD	1 Quarter
INCOME FROM OPERATIONS	`OperatingIncomeLoss`	$3.97M	USD	3 Qtrs
INCOME FROM OPERATIONS	`OperatingIncomeLoss`	$2.24M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$142.79K	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$14.16K	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$66.96K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$4.74K	USD	1 Quarter
Interest expense	`InterestExpense`	$508.36K	USD	3 Qtrs
Interest expense	`InterestExpense`	$942.52K	USD	3 Qtrs
Interest expense	`InterestExpense`	$106.51K	USD	1 Quarter
Interest expense	`InterestExpense`	$231.76K	USD	1 Quarter
Other income	`OtherOperatingIncomeLoss`	$-415.15K	USD	3 Qtrs
Other income	`OtherOperatingIncomeLoss`	$-1.27M	USD	1 Quarter
Other income	`OtherOperatingIncomeLoss`	$829.56K	USD	3 Qtrs
Other income	`OtherOperatingIncomeLoss`	$231.47K	USD	1 Quarter
INCOME BEFORE INCOME TAX	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$2.75M	USD	3 Qtrs
INCOME BEFORE INCOME TAX	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$806.50K	USD	1 Quarter
INCOME BEFORE INCOME TAX	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$2.18M	USD	1 Quarter
INCOME BEFORE INCOME TAX	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$8.69M	USD	3 Qtrs
INCOME TAX	`IncomeTaxExpenseBenefit`	$346.50K	USD	1 Quarter
INCOME TAX	`IncomeTaxExpenseBenefit`	$927.84K	USD	1 Quarter
INCOME TAX	`IncomeTaxExpenseBenefit`	$491.66K	USD	3 Qtrs
INCOME TAX	`IncomeTaxExpenseBenefit`	$1.84M	USD	3 Qtrs
NET INCOME	`ProfitLoss`	$2.26M	USD	3 Qtrs
NET INCOME	`ProfitLoss`	$6.85M	USD	3 Qtrs
NET INCOME	`ProfitLoss`	$1.25M	USD	1 Quarter
NET INCOME	`ProfitLoss`	$460.00K	USD	1 Quarter
LESS: NET INCOME ATTRIBUTABLE TO NONCONTROLLING INTEREST	`NetIncomeLossAttributableToNoncontrollingInterest`	$225.18K	USD	1 Quarter
LESS: NET INCOME ATTRIBUTABLE TO NONCONTROLLING INTEREST	`NetIncomeLossAttributableToNoncontrollingInterest`	$252.07K	USD	1 Quarter
LESS: NET INCOME ATTRIBUTABLE TO NONCONTROLLING INTEREST	`NetIncomeLossAttributableToNoncontrollingInterest`	$911.42K	USD	3 Qtrs
LESS: NET INCOME ATTRIBUTABLE TO NONCONTROLLING INTEREST	`NetIncomeLossAttributableToNoncontrollingInterest`	$535.90K	USD	3 Qtrs
NET INCOME ATTRIBUTABLE TO GREENLAND TECHNOLOGIES HOLDING CORPORATION AND SUBSIDIARIES	`NetIncomeLoss`	$207.93K	USD	1 Quarter
NET INCOME ATTRIBUTABLE TO GREENLAND TECHNOLOGIES HOLDING CORPORATION AND SUBSIDIARIES	`NetIncomeLoss`	$1.03M	USD	1 Quarter
NET INCOME ATTRIBUTABLE TO GREENLAND TECHNOLOGIES HOLDING CORPORATION AND SUBSIDIARIES	`NetIncomeLoss`	$1.72M	USD	3 Qtrs
NET INCOME ATTRIBUTABLE TO GREENLAND TECHNOLOGIES HOLDING CORPORATION AND SUBSIDIARIES	`NetIncomeLoss`	$5.94M	USD	3 Qtrs
OTHER COMPREHENSIVE INCOME (LOSS):	`OtherComprehensiveIncomeLossTaxPortionAttributableToParent1`	$-29.78K	USD	3 Qtrs
OTHER COMPREHENSIVE INCOME (LOSS):	`OtherComprehensiveIncomeLossTaxPortionAttributableToParent1`	$3.66M	USD	1 Quarter
OTHER COMPREHENSIVE INCOME (LOSS):	`OtherComprehensiveIncomeLossTaxPortionAttributableToParent1`	$2.41M	USD	3 Qtrs
OTHER COMPREHENSIVE INCOME (LOSS):	`OtherComprehensiveIncomeLossTaxPortionAttributableToParent1`	$-605.51K	USD	1 Quarter
Unrealized foreign currency translation income (loss) attributable to Greenland technologies holding corporation and subsidiaries	`UnrealizedForeignCurrencyTranslationIncomelossAttributableToGreenlandTechnologiesHoldin`	$2.86M	USD	1 Quarter
Unrealized foreign currency translation income (loss) attributable to Greenland technologies holding corporation and subsidiaries	`UnrealizedForeignCurrencyTranslationIncomelossAttributableToGreenlandTechnologiesHoldin`	$-433.69K	USD	1 Quarter
Unrealized foreign currency translation income (loss) attributable to Greenland technologies holding corporation and subsidiaries	`UnrealizedForeignCurrencyTranslationIncomelossAttributableToGreenlandTechnologiesHoldin`	$2.30M	USD	3 Qtrs
Unrealized foreign currency translation income (loss) attributable to Greenland technologies holding corporation and subsidiaries	`UnrealizedForeignCurrencyTranslationIncomelossAttributableToGreenlandTechnologiesHoldin`	$-31.31K	USD	3 Qtrs
Unrealized foreign currency translation income (loss) attributable to Noncontrolling interest	`UnrealizedForeignCurrencyTranslationIncomeAttributableToNoncontrollingInterest`	$1.53K	USD	3 Qtrs
Unrealized foreign currency translation income (loss) attributable to Noncontrolling interest	`UnrealizedForeignCurrencyTranslationIncomeAttributableToNoncontrollingInterest`	$-171.82K	USD	1 Quarter
Unrealized foreign currency translation income (loss) attributable to Noncontrolling interest	`UnrealizedForeignCurrencyTranslationIncomeAttributableToNoncontrollingInterest`	$107.05K	USD	3 Qtrs
Unrealized foreign currency translation income (loss) attributable to Noncontrolling interest	`UnrealizedForeignCurrencyTranslationIncomeAttributableToNoncontrollingInterest`	$794.16K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$4.03M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$3.07M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$594.65K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$5.91M	USD	3 Qtrs
Noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$53.36K	USD	1 Quarter
Noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$1.05M	USD	1 Quarter
Noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$642.95K	USD	3 Qtrs
Noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$912.95K	USD	3 Qtrs
Basic and diluted (in Shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	10.75M	shares	3 Qtrs
Basic and diluted (in Shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	10.02M	shares	3 Qtrs
Basic and diluted (in Shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	10.02M	shares	1 Quarter
Basic and diluted (in Shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	11.37M	shares	1 Quarter
Basic and diluted (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.55	USD	3 Qtrs
Basic and diluted (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.02	USD	1 Quarter
Basic and diluted (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.09	USD	1 Quarter
Basic and diluted (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.17	USD	3 Qtrs

Cash Flow Statement 98 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$2.26M	USD	3 Qtrs
Net income	`ProfitLoss`	$6.85M	USD	3 Qtrs
Net income	`ProfitLoss`	$1.25M	USD	1 Quarter
Net income	`ProfitLoss`	$460.00K	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.87M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.75M	USD	3 Qtrs
Loss on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$959.00	USD	3 Qtrs
Loss on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	-	USD	3 Qtrs
Increase in allowance for doubtful accounts	`ProvisionForDoubtfulAccounts`	-	USD	3 Qtrs
Increase in allowance for doubtful accounts	`ProvisionForDoubtfulAccounts`	$114.11K	USD	3 Qtrs
Increase (Decrease) in allowance for notes receivable	`IncreaseDecreaseInAllowanceForNotesReceivable`	-	USD	3 Qtrs
Increase (Decrease) in allowance for notes receivable	`IncreaseDecreaseInAllowanceForNotesReceivable`	$8.17K	USD	3 Qtrs
Increase (Decrease) in provision for inventory	`IncreaseInProvisionForInventory`	$59.56K	USD	3 Qtrs
Increase (Decrease) in provision for inventory	`IncreaseInProvisionForInventory`	-	USD	3 Qtrs
Deferred tax assets	`DeferredTaxAsset`	$-17.14K	USD	3 Qtrs
Deferred tax assets	`DeferredTaxAsset`	$2.02K	USD	3 Qtrs
Stock based compensation expense	`ShareBasedCompensation`	$66.20K	USD	3 Qtrs
Stock based compensation expense	`ShareBasedCompensation`	$42.80K	USD	3 Qtrs
Loss on prepayment of financing lease obligations	`LossOnPrepaymentOfFinancingLeaseObligations`	-	USD	3 Qtrs
Loss on prepayment of financing lease obligations	`LossOnPrepaymentOfFinancingLeaseObligations`	$53.13K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$3.41M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$8.72M	USD	3 Qtrs
Notes receivable	`IncreaseDecreaseInNotesReceivableCurrent`	$3.31M	USD	3 Qtrs
Notes receivable	`IncreaseDecreaseInNotesReceivableCurrent`	$5.81M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$2.20M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$5.02M	USD	3 Qtrs
Advance to suppliers	`AdvanceToSuppliersCost`	$-51.31K	USD	3 Qtrs
Advance to suppliers	`AdvanceToSuppliersCost`	$245.30K	USD	3 Qtrs
Other current and noncurrent assets	`IncreaseDecreaseOtherCurrentAndNoncurrentAssets`	$78.82K	USD	3 Qtrs
Other current and noncurrent assets	`IncreaseDecreaseOtherCurrentAndNoncurrentAssets`	$205.39K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$6.32M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$5.98M	USD	3 Qtrs
Customer deposits	`CustomerDeposit`	$-34.91K	USD	3 Qtrs
Customer deposits	`CustomerDeposit`	$197.28K	USD	3 Qtrs
Other current liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$-263.81K	USD	3 Qtrs
Other current liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$-559.80K	USD	3 Qtrs
Income tax payable	`IncreaseDecreaseInAccruedTaxesPayable`	$248.70K	USD	3 Qtrs
Income tax payable	`IncreaseDecreaseInAccruedTaxesPayable`	-	USD	3 Qtrs
Due to related parties	`IncreaseDecreaseInDueToRelatedParties`	$-319.06K	USD	3 Qtrs
Due to related parties	`IncreaseDecreaseInDueToRelatedParties`	$312.79K	USD	3 Qtrs
Long-term payables-unamortized deferred financing costs	`LongtermPayablesunamortizedDeferredFinancingCost`	$-196.66K	USD	3 Qtrs
Long-term payables-unamortized deferred financing costs	`LongtermPayablesunamortizedDeferredFinancingCost`	$199.74K	USD	3 Qtrs
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-184.02K	USD	3 Qtrs
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-298.78K	USD	3 Qtrs
NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$-5.86M	USD	3 Qtrs
NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$2.20M	USD	3 Qtrs
Purchases of Long term assets	`PaymentsToAcquireLandHeldForUse`	$852.27K	USD	3 Qtrs
Purchases of Long term assets	`PaymentsToAcquireLandHeldForUse`	$436.45K	USD	3 Qtrs
Proceeds from government grants for construction	`ProceedsFromGovernmentGrantsForConstruction`	$-166.51K	USD	3 Qtrs
Proceeds from government grants for construction	`ProceedsFromGovernmentGrantsForConstruction`	$-253.33K	USD	3 Qtrs
NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	$-183.12K	USD	3 Qtrs
NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	$-685.76K	USD	3 Qtrs
Proceeds from short-term bank loans	`ProceedsFromShortTermDebt`	$20.84M	USD	3 Qtrs
Proceeds from short-term bank loans	`ProceedsFromShortTermDebt`	$8.63M	USD	3 Qtrs
Repayments of short-term bank loans	`RepaymentsOfOtherDebt`	$17.55M	USD	3 Qtrs
Repayments of short-term bank loans	`RepaymentsOfOtherDebt`	$18.65M	USD	3 Qtrs
Notes payable	`ProceedsFromRepaymentsOfNotesPayable`	$20.65M	USD	3 Qtrs
Notes payable	`ProceedsFromRepaymentsOfNotesPayable`	$16.35M	USD	3 Qtrs
Proceeds from related parties	`ProceedsFromRelatedParties`	$-18.50M	USD	3 Qtrs
Proceeds from related parties	`ProceedsFromRelatedParties`	$418.86K	USD	3 Qtrs
Repayment of loans from related parties	`ProceedsFromRepaymentsOfRelatedPartyDebt`	$-1.75M	USD	3 Qtrs
Repayment of loans from related parties	`ProceedsFromRepaymentsOfRelatedPartyDebt`	$1.02M	USD	3 Qtrs
Repayment of loans from third parties	`RepaymentsOfOtherLongTermDebt`	$309.45K	USD	3 Qtrs
Repayment of loans from third parties	`RepaymentsOfOtherLongTermDebt`	$520.82K	USD	3 Qtrs
Proceeds from third parties	`ProceedsFromThirdParties`	$154.72K	USD	3 Qtrs
Proceeds from third parties	`ProceedsFromThirdParties`	$-5.72M	USD	3 Qtrs
Dividend paid	`DividendPaid`	-	USD	3 Qtrs
Dividend paid	`DividendPaid`	$4.38M	USD	3 Qtrs
Proceeds received from financing lease obligation	`ProceedsReceivedFromFinancingLeaseObligation`	$13.45K	USD	3 Qtrs
Proceeds received from financing lease obligation	`ProceedsReceivedFromFinancingLeaseObligation`	-	USD	3 Qtrs
Prepayment of lease-financing obligations	`PrepaymentOfLeasefinancingObligations`	$-1.43M	USD	3 Qtrs
Prepayment of lease-financing obligations	`PrepaymentOfLeasefinancingObligations`	-	USD	3 Qtrs
Payment of principal on financing lease obligation	`PaymentOfPrincipalOnFinancingLeaseObligation`	$386.57K	USD	3 Qtrs
Payment of principal on financing lease obligation	`PaymentOfPrincipalOnFinancingLeaseObligation`	$2.30M	USD	3 Qtrs
Proceeds from equity and debt finaning	`ProceedsFromEquityAndDebtFinaning`	$8.21M	USD	3 Qtrs
Proceeds from equity and debt finaning	`ProceedsFromEquityAndDebtFinaning`	$-1.51M	USD	3 Qtrs
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$2.20M	USD	3 Qtrs
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$12.67M	USD	3 Qtrs
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS AND RESTRICTED CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$4.21M	USD	3 Qtrs
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS AND RESTRICTED CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$6.12M	USD	3 Qtrs
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$134.38K	USD	3 Qtrs
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$1.26M	USD	3 Qtrs
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 BEGINNING OF YEAR	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$15.66M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH AT BEGINNING OF YEAR	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$11.19M	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 END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$9.40M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$15.66M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$11.19M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$5.72M	USD	Point-in-time
Bank balances and cash	`BankBalancesAndCash`	$10.42M	USD	3 Qtrs
Bank balances and cash	`BankBalancesAndCash`	$9.02M	USD	3 Qtrs
Bank balances and cash included in assets classified as restricted cash	`BankBalancesAndCashIncludedInAssetsClassifiedAsRestrictedCash`	$6.64M	USD	3 Qtrs
Bank balances and cash included in assets classified as restricted cash	`BankBalancesAndCashIncludedInAssetsClassifiedAsRestrictedCash`	$775.88K	USD	3 Qtrs
Income taxes paid	`IncomeTaxesPaidNet`	$1.17M	USD	3 Qtrs
Income taxes paid	`IncomeTaxesPaidNet`	$417.55K	USD	3 Qtrs
Interest paid	`InterestPaidNet`	$533.03K	USD	3 Qtrs
Interest paid	`InterestPaidNet`	$946.59K	USD	3 Qtrs

Stockholders Equity 38 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$65.11M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$46.96M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$46.03M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$66.48M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$50.66M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$51.66M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$47.54M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$54.76M	USD	Point-in-time
Restricted stock grants	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	$42.80K	USD	1 Quarter
Restricted stock grants	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	$51.00K	USD	1 Quarter
Restricted stock grants (in Shares)	`StockIssuedDuringPeriodSharesRestrictedStockAwardGross`	1,250.00	shares	Point-in-time
Restricted stock grants (in Shares)	`StockIssuedDuringPeriodSharesRestrictedStockAwardGross`	5,000.00	shares	Point-in-time
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`	$1.25M	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
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$1.47M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$460.00K	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`	$-258.23K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$114.22K	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`	$3.66M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.31M	USD	1 Quarter
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$65.11M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$46.96M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$46.03M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$66.48M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$50.66M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$51.66M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$47.54M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$54.76M	USD	Point-in-time

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