10-Q Filing

Greenland Technologies Holding Corp. CIK: 1735041 Q2 2022

Filing Information

Form Type	10-Q
Accession Number	`0001213900-22-048065`
Period End Date	20220630
Filing Date	20220815
Fiscal Year	2022
Fiscal Period	Q2
XBRL Instance	f10q0622_greenlandtec_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 100 Income Statement 106 Cash Flow Statement 92 Stockholders Equity 29

Balance Sheet 100 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, net of allowance for doubtful accounts (in Dollars)	`AccountsReceivableNetOfAllowanceForDoubtfulAccounts`	$859.32K	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts (in Dollars)	`AccountsReceivableNetOfAllowanceForDoubtfulAccounts`	$822.48K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$11.06M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.22M	USD	Point-in-time
Ordinary shares, par value (in Dollars per share)	`CommonStockNoParValue`	-	USD	Point-in-time
Ordinary shares, par value (in Dollars per share)	`CommonStockNoParValue`	-	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$4.82M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$6.74M	USD	Point-in-time
Short Term Investment	`ShortTermInvestments`	$2.11M	USD	Point-in-time
Short Term Investment	`ShortTermInvestments`	$7.67M	USD	Point-in-time
Ordinary shares, issued	`CommonStockSharesIssued`	11.33M	shares	Point-in-time
Ordinary shares, issued	`CommonStockSharesIssued`	11.33M	shares	Point-in-time
Ordinary shares, outstanding	`CommonStockSharesOutstanding`	11.33M	shares	Point-in-time
Notes receivable	`AccountsAndOtherReceivablesNetCurrent`	$33.02M	USD	Point-in-time
Ordinary shares, outstanding	`CommonStockSharesOutstanding`	11.33M	shares	Point-in-time
Notes receivable	`AccountsAndOtherReceivablesNetCurrent`	$37.55M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $822,482 and $859,319, respectively	`AccountsReceivableNetCurrent`	$15.92M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $822,482 and $859,319, respectively	`AccountsReceivableNetCurrent`	$18.19M	USD	Point-in-time
Inventories	`InventoryNet`	$23.95M	USD	Point-in-time
Inventories	`InventoryNet`	$25.80M	USD	Point-in-time
Due from related parties-current	`DueFromRelatedPartiesCurrent`	$37.65M	USD	Point-in-time
Due from related parties-current	`DueFromRelatedPartiesCurrent`	$39.68M	USD	Point-in-time
Advance to suppliers	`AdvanceToSuppliers`	$703.15K	USD	Point-in-time
Advance to suppliers	`AdvanceToSuppliers`	$434.89K	USD	Point-in-time
Prepayments and other current assets	`OtherAssetsCurrent`	$89.40K	USD	Point-in-time
Prepayments and other current assets	`OtherAssetsCurrent`	$14.52K	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$139.31M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$129.31M	USD	Point-in-time
Property, plant, equipment and construction in progress, net	`PropertyPlantAndEquipmentNet`	$18.96M	USD	Point-in-time
Property, plant, equipment and construction in progress, net	`PropertyPlantAndEquipmentNet`	$17.00M	USD	Point-in-time
Land use rights, net	`LandUseRightNet`	$4.04M	USD	Point-in-time
Land use rights, net	`LandUseRightNet`	$3.79M	USD	Point-in-time
Other intangible assets	`OtherIntangibleAssetsNet`	-	USD	Point-in-time
Other intangible assets	`OtherIntangibleAssetsNet`	$30.29K	USD	Point-in-time
Deferred tax assets	`DeferedTaxAssets`	$141.62K	USD	Point-in-time
Deferred tax assets	`DeferedTaxAssets`	$134.74K	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`	$64.18K	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$80.68K	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$44.09K	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$44.34K	USD	Point-in-time
Total non-current assets	`AssetsNoncurrent`	$21.07M	USD	Point-in-time
Total non-current assets	`AssetsNoncurrent`	$23.26M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$162.57M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$150.39M	USD	Point-in-time
Short-term bank loans	`ShortTermBorrowings`	$9.08M	USD	Point-in-time
Short-term bank loans	`ShortTermBorrowings`	$8.76M	USD	Point-in-time
Notes payable-bank acceptance notes	`NotesPayablebankAcceptanceNotes`	$42.09M	USD	Point-in-time
Notes payable-bank acceptance notes	`NotesPayablebankAcceptanceNotes`	$33.75M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$25.84M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$29.06M	USD	Point-in-time
Taxes payables	`TaxesPayableCurrent`	$108.06K	USD	Point-in-time
Taxes payables	`TaxesPayableCurrent`	-	USD	Point-in-time
Customer deposits	`ContractWithCustomerLiabilityCurrent`	$272.14K	USD	Point-in-time
Customer deposits	`ContractWithCustomerLiabilityCurrent`	$387.92K	USD	Point-in-time
Due to related parties	`DueToRelatedPartiesCurrent`	$1.60M	USD	Point-in-time
Due to related parties	`DueToRelatedPartiesCurrent`	$3.62M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$1.20M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$1.28M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$34.33K	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$33.31K	USD	Point-in-time
Lease obligations - current	`LongTermDebtAndCapitalLeaseObligationsCurrent`	-	USD	Point-in-time
Lease obligations - current	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$197.91K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$71.86M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$85.46M	USD	Point-in-time
Lease obligations non-current	`LongTermLoansPayable`	-	USD	Point-in-time
Lease obligations non-current	`LongTermLoansPayable`	-	USD	Point-in-time
Long term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$47.61K	USD	Point-in-time
Long term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$30.20K	USD	Point-in-time
Other long-term liabilities	`OtherLongTermDebtNoncurrent`	$1.98M	USD	Point-in-time
Other long-term liabilities	`OtherLongTermDebtNoncurrent`	$2.21M	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$2.26M	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$2.01M	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$87.72M	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$73.87M	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; 11,329,530 and 11,329,530 shares issued and outstanding as of June 30, 2022 and December 31, 2021.	`CommonStockValue`	-	USD	Point-in-time
Ordinary shares, no par value, unlimited shares authorized; 11,329,530 and 11,329,530 shares issued and outstanding as of June 30, 2022 and December 31, 2021.	`CommonStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$23.76M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$23.84M	USD	Point-in-time
Statutory reserves	`StatutoryAccountingPracticesStatutoryCapitalAndSurplusRequired`	$3.84M	USD	Point-in-time
Statutory reserves	`StatutoryAccountingPracticesStatutoryCapitalAndSurplusRequired`	$3.84M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$36.94M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$33.67M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.46M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$1.01M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$63.16M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$62.28M	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$12.56M	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$13.35M	USD	Point-in-time
TOTAL EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$74.84M	USD	Point-in-time
TOTAL EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$76.51M	USD	Point-in-time
TOTAL EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$54.76M	USD	Point-in-time
TOTAL EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$65.11M	USD	Point-in-time
TOTAL EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$50.66M	USD	Point-in-time
TOTAL EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$78.21M	USD	Point-in-time
TOTAL LIABILITIES AND SHAREHOLDERS EQUITY	`LiabilitiesAndStockholdersEquity`	$162.57M	USD	Point-in-time
TOTAL LIABILITIES AND SHAREHOLDERS EQUITY	`LiabilitiesAndStockholdersEquity`	$150.39M	USD	Point-in-time

Income Statement 106 line items

Line Item	Tag	Value	Unit	Period
Basic and diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	11.33M	shares	1 Quarter
REVENUES	`Revenues`	$52.82M	USD	2 Qtrs
Basic and diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	10.81M	shares	1 Quarter
Basic and diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	11.33M	shares	2 Qtrs
REVENUES	`Revenues`	$28.20M	USD	1 Quarter
Basic and diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	10.57M	shares	2 Qtrs
REVENUES	`Revenues`	$49.91M	USD	2 Qtrs
REVENUES	`Revenues`	$20.60M	USD	1 Quarter
COST OF GOODS SOLD	`CostOfRevenue`	$38.70M	USD	2 Qtrs
COST OF GOODS SOLD	`CostOfRevenue`	$15.76M	USD	1 Quarter
COST OF GOODS SOLD	`CostOfRevenue`	$42.01M	USD	2 Qtrs
Basic and diluted (in Dollars per share)	`EarningsPerShareDiluted`	$0.26	USD	1 Quarter
Basic and diluted (in Dollars per share)	`EarningsPerShareDiluted`	$0.29	USD	2 Qtrs
COST OF GOODS SOLD	`CostOfRevenue`	$22.50M	USD	1 Quarter
Basic and diluted (in Dollars per share)	`EarningsPerShareDiluted`	$0.13	USD	1 Quarter
Basic and diluted (in Dollars per share)	`EarningsPerShareDiluted`	$0.46	USD	2 Qtrs
GROSS PROFIT	`GrossProfit`	$11.21M	USD	2 Qtrs
GROSS PROFIT	`GrossProfit`	$10.81M	USD	2 Qtrs
GROSS PROFIT	`GrossProfit`	$5.71M	USD	1 Quarter
GROSS PROFIT	`GrossProfit`	$4.84M	USD	1 Quarter
Selling expenses	`SellingExpense`	$1.16M	USD	2 Qtrs
Selling expenses	`SellingExpense`	$874.69K	USD	2 Qtrs
Selling expenses	`SellingExpense`	$495.46K	USD	1 Quarter
Selling expenses	`SellingExpense`	$518.09K	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$1.66M	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$2.52M	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$752.21K	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$1.24M	USD	1 Quarter
Research and development expenses	`ResearchAndDevelopmentExpense`	$1.96M	USD	2 Qtrs
Research and development expenses	`ResearchAndDevelopmentExpense`	$1.01M	USD	1 Quarter
Research and development expenses	`ResearchAndDevelopmentExpense`	$1.95M	USD	2 Qtrs
Research and development expenses	`ResearchAndDevelopmentExpense`	$862.53K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$5.63M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$2.63M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$4.50M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$2.25M	USD	1 Quarter
INCOME FROM OPERATIONS	`OperatingIncomeLoss`	$3.45M	USD	1 Quarter
INCOME FROM OPERATIONS	`OperatingIncomeLoss`	$5.58M	USD	2 Qtrs
INCOME FROM OPERATIONS	`OperatingIncomeLoss`	$2.21M	USD	1 Quarter
INCOME FROM OPERATIONS	`OperatingIncomeLoss`	$6.31M	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$22.45K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$9.43K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$4.83K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$9.89K	USD	1 Quarter
Interest expense	`InterestExpense`	$221.66K	USD	1 Quarter
Interest expense	`InterestExpense`	$91.65K	USD	1 Quarter
Interest expense	`InterestExpense`	$401.85K	USD	2 Qtrs
Interest expense	`InterestExpense`	$196.66K	USD	2 Qtrs
Loss on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$811.00	USD	1 Quarter
Loss on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-959.00	USD	2 Qtrs
Loss on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-394.00	USD	2 Qtrs
Loss on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$10.00	USD	1 Quarter
Other income	`OtherOperatingIncomeLoss`	$762.74K	USD	2 Qtrs
Other income	`OtherOperatingIncomeLoss`	$599.05K	USD	2 Qtrs
Other income	`OtherOperatingIncomeLoss`	$501.71K	USD	1 Quarter
Other income	`OtherOperatingIncomeLoss`	$310.30K	USD	1 Quarter
INCOME BEFORE INCOME TAX	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$2.63M	USD	1 Quarter
INCOME BEFORE INCOME TAX	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$3.55M	USD	1 Quarter
INCOME BEFORE INCOME TAX	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$6.17M	USD	2 Qtrs
INCOME BEFORE INCOME TAX	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$6.51M	USD	2 Qtrs
INCOME TAX	`IncomeTaxExpenseBenefit`	$873.80K	USD	2 Qtrs
INCOME TAX	`IncomeTaxExpenseBenefit`	$916.77K	USD	2 Qtrs
INCOME TAX	`IncomeTaxExpenseBenefit`	$254.43K	USD	1 Quarter
INCOME TAX	`IncomeTaxExpenseBenefit`	$394.16K	USD	1 Quarter
NET INCOME	`ProfitLoss`	$2.91M	USD	1 Quarter
NET INCOME	`ProfitLoss`	$5.29M	USD	2 Qtrs
NET INCOME	`ProfitLoss`	$2.38M	USD	1 Quarter
NET INCOME	`ProfitLoss`	$2.44M	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`	$892.16K	USD	1 Quarter
LESS: NET INCOME ATTRIBUTABLE TO NONCONTROLLING INTEREST	`NetIncomeLossAttributableToNoncontrollingInterest`	$686.24K	USD	2 Qtrs
LESS: NET INCOME ATTRIBUTABLE TO NONCONTROLLING INTEREST	`NetIncomeLossAttributableToNoncontrollingInterest`	$371.57K	USD	1 Quarter
LESS: NET INCOME ATTRIBUTABLE TO NONCONTROLLING INTEREST	`NetIncomeLossAttributableToNoncontrollingInterest`	$2.02M	USD	2 Qtrs
NET INCOME ATTRIBUTABLE TO GREENLAND TECHNOLOGIES HOLDING CORPORATION AND SUBSIDIARIES	`NetIncomeLoss`	$3.27M	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
NET INCOME ATTRIBUTABLE TO GREENLAND TECHNOLOGIES HOLDING CORPORATION AND SUBSIDIARIES	`NetIncomeLoss`	$1.49M	USD	1 Quarter
OTHER COMPREHENSIVE INCOME (LOSS):	`OtherComprehensiveIncomeLossNetOfTax`	$833.96K	USD	1 Quarter
OTHER COMPREHENSIVE INCOME (LOSS):	`OtherComprehensiveIncomeLossNetOfTax`	$-4.08M	USD	1 Quarter
OTHER COMPREHENSIVE INCOME (LOSS):	`OtherComprehensiveIncomeLossNetOfTax`	$575.73K	USD	2 Qtrs
OTHER COMPREHENSIVE INCOME (LOSS):	`OtherComprehensiveIncomeLossNetOfTax`	$-3.70M	USD	2 Qtrs
Unrealized foreign currency translation income (loss) attributable to Greenland Technologies Holding Corporation and subsidiaries	`UnrealizedForeignCurrencyTranslationIncomelossAttributableToGreenlandTechnologiesHoldin`	$-2.72M	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`	$-2.47M	USD	2 Qtrs
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 Noncontrolling interest	`UnrealizedForeignCurrencyTranslationIncomeAttributableToNoncontrollingInterest`	$242.48K	USD	1 Quarter
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`	$-1.30M	USD	2 Qtrs
Unrealized foreign currency translation income (loss) attributable to Noncontrolling interest	`UnrealizedForeignCurrencyTranslationIncomeAttributableToNoncontrollingInterest`	$-1.36M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$3.37M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$802.36K	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$-1.23M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$5.31M	USD	2 Qtrs
Noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$790.32K	USD	2 Qtrs
Noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$614.05K	USD	1 Quarter
Noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$859.59K	USD	2 Qtrs
Noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-463.25K	USD	1 Quarter
Basic and diluted (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	11.33M	shares	2 Qtrs
Basic and diluted (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	10.57M	shares	2 Qtrs
Basic and diluted (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	11.33M	shares	1 Quarter
Basic and diluted (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	10.81M	shares	1 Quarter
Basic and diluted (in Dollars per share)	`EarningsPerShareBasic`	$0.26	USD	1 Quarter
Basic and diluted (in Dollars per share)	`EarningsPerShareBasic`	$0.29	USD	2 Qtrs
Basic and diluted (in Dollars per share)	`EarningsPerShareBasic`	$0.13	USD	1 Quarter
Basic and diluted (in Dollars per share)	`EarningsPerShareBasic`	$0.46	USD	2 Qtrs

Cash Flow Statement 92 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$2.91M	USD	1 Quarter
Net income	`ProfitLoss`	$5.29M	USD	2 Qtrs
Net income	`ProfitLoss`	$2.38M	USD	1 Quarter
Net income	`ProfitLoss`	$2.44M	USD	1 Quarter
Net income	`ProfitLoss`	$5.60M	USD	2 Qtrs
Net income	`ProfitLoss`	$3.15M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.21M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.25M	USD	2 Qtrs
Loss on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$811.00	USD	1 Quarter
Loss on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-959.00	USD	2 Qtrs
Loss on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-394.00	USD	2 Qtrs
Loss on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$10.00	USD	1 Quarter
Increase in allowance for doubtful accounts	`IncreaseInAllowanceForDoubtfulAccounts`	$-5.07K	USD	2 Qtrs
Increase in allowance for doubtful accounts	`IncreaseInAllowanceForDoubtfulAccounts`	-	USD	2 Qtrs
Increase (Decrease) in provision for inventory	`IncreaseInProvisionForInventory`	$23.34K	USD	2 Qtrs
Increase (Decrease) in provision for inventory	`IncreaseInProvisionForInventory`	-	USD	2 Qtrs
Deferred tax assets	`DeferredTaxAsset`	-	USD	2 Qtrs
Deferred tax assets	`DeferredTaxAsset`	$1.43K	USD	2 Qtrs
Stock based compensation expense	`ShareBasedCompensation`	-	USD	2 Qtrs
Stock based compensation expense	`ShareBasedCompensation`	$51.00K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$7.97M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$3.15M	USD	2 Qtrs
Notes receivable	`IncreaseDecreaseInNotesReceivableCurrent`	$-2.79M	USD	2 Qtrs
Notes receivable	`IncreaseDecreaseInNotesReceivableCurrent`	$1.98M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-643.28K	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$2.18M	USD	2 Qtrs
Advance to suppliers	`AdvanceToSuppliersCost`	$-298.31K	USD	2 Qtrs
Advance to suppliers	`AdvanceToSuppliersCost`	$-278.92K	USD	2 Qtrs
Other current and noncurrent assets	`IncreaseDecreaseOtherCurrentAndNoncurrentAssets`	$128.88K	USD	2 Qtrs
Other current and noncurrent assets	`IncreaseDecreaseOtherCurrentAndNoncurrentAssets`	$-5.92M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-1.86M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$6.05M	USD	2 Qtrs
Customer deposits	`CustomerDeposit`	$-99.92K	USD	2 Qtrs
Customer deposits	`CustomerDeposit`	$-206.14K	USD	2 Qtrs
Other current liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$-604.81K	USD	2 Qtrs
Other current liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$332.44K	USD	2 Qtrs
Income tax payable	`IncreaseDecreaseInAccruedTaxesPayable`	$-105.98K	USD	2 Qtrs
Income tax payable	`IncreaseDecreaseInAccruedTaxesPayable`	-	USD	2 Qtrs
Due to related parties	`IncreaseDecreaseInDueToRelatedParties`	$-391.34K	USD	2 Qtrs
Due to related parties	`IncreaseDecreaseInDueToRelatedParties`	$147.17K	USD	2 Qtrs
Long-term payables-unamortized deferred financing costs	`LongtermPayablesunamortizedDeferredFinancingCost`	$-2.47K	USD	2 Qtrs
Long-term payables-unamortized deferred financing costs	`LongtermPayablesunamortizedDeferredFinancingCost`	$-194.10K	USD	2 Qtrs
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-438.17K	USD	2 Qtrs
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-250.71K	USD	2 Qtrs
NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$-1.67M	USD	2 Qtrs
NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$-778.42K	USD	2 Qtrs
Purchases of long-term assets	`PaymentsToAcquireLandHeldForUse`	$133.94K	USD	2 Qtrs
Purchases of long-term assets	`PaymentsToAcquireLandHeldForUse`	$425.86K	USD	2 Qtrs
Proceeds from government grants for construction	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$122.48K	USD	2 Qtrs
Proceeds from government grants for construction	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$312.07K	USD	2 Qtrs
NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	$-303.38K	USD	2 Qtrs
NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	$178.13K	USD	2 Qtrs
Proceeds from short-term bank loans	`ProceedsFromShortTermDebt`	$1.54M	USD	2 Qtrs
Proceeds from short-term bank loans	`ProceedsFromShortTermDebt`	$773.14K	USD	2 Qtrs
Repayments of short-term bank loans	`RepaymentsOfOtherDebt`	$769.50K	USD	2 Qtrs
Repayments of short-term bank loans	`RepaymentsOfOtherDebt`	$7.55M	USD	2 Qtrs
Notes payable	`ProceedsFromRepaymentsOfNotesPayable`	$12.02M	USD	2 Qtrs
Notes payable	`ProceedsFromRepaymentsOfNotesPayable`	$-6.49M	USD	2 Qtrs
Proceeds from related parties	`ProceedsFromRelatedParties`	$422.32K	USD	2 Qtrs
Proceeds from related parties	`ProceedsFromRelatedParties`	-	USD	2 Qtrs
Repayment of loans from related parties	`ProceedsFromRepaymentsOfRelatedPartyDebt`	$-1.95M	USD	2 Qtrs
Repayment of loans from related parties	`ProceedsFromRepaymentsOfRelatedPartyDebt`	$-1.28M	USD	2 Qtrs
Repayment of loans from third parties	`RepaymentsOfOtherLongTermDebt`	-	USD	2 Qtrs
Repayment of loans from third parties	`RepaymentsOfOtherLongTermDebt`	$309.26K	USD	2 Qtrs
Proceeds from third parties	`ProceedsFromThirdParties`	$154.63K	USD	2 Qtrs
Proceeds from third parties	`ProceedsFromThirdParties`	-	USD	2 Qtrs
Payment of principal on financing lease obligation	`PaymentOfPrincipalOnFinancingLeaseObligation`	$192.38K	USD	2 Qtrs
Payment of principal on financing lease obligation	`PaymentOfPrincipalOnFinancingLeaseObligation`	$386.57K	USD	2 Qtrs
Proceeds from equity and debt financing	`ProceedsFromEquityAndDebtFinaning`	$8.23M	USD	2 Qtrs
Proceeds from equity and debt financing	`ProceedsFromEquityAndDebtFinaning`	$77.07K	USD	2 Qtrs
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$12.07M	USD	2 Qtrs
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$-7.78M	USD	2 Qtrs
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS AND RESTRICTED CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-9.27M	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	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$134.00K	USD	2 Qtrs
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-491.54K	USD	2 Qtrs
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 BEGINNING OF YEAR	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$17.80M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH AT BEGINNING OF YEAR	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$8.04M	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
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$17.80M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$8.04M	USD	Point-in-time
Income taxes paid	`IncomeTaxesPaidNet`	$265.36K	USD	2 Qtrs
Income taxes paid	`IncomeTaxesPaidNet`	$782.60K	USD	2 Qtrs
Interest paid	`InterestPaidNet`	$224.55K	USD	2 Qtrs
Interest paid	`InterestPaidNet`	$408.58K	USD	2 Qtrs
Bank balances and cash	`BankBalancesAndCash`	$10.76M	USD	2 Qtrs
Bank balances and cash	`BankBalancesAndCash`	$3.22M	USD	2 Qtrs
Bank balances and cash included in assets classified as restricted cash	`BankBalancesAndCashIncludedInAssetsClassifiedAsRestrictedCash`	$4.82M	USD	2 Qtrs
Bank balances and cash included in assets classified as restricted cash	`BankBalancesAndCashIncludedInAssetsClassifiedAsRestrictedCash`	$9.77M	USD	2 Qtrs

Stockholders Equity 29 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$74.84M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$76.51M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$54.76M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$65.11M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$50.66M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$78.21M	USD	Point-in-time
Restricted share grants	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	$51.00K	USD	1 Quarter
Restricted share grants (in Shares)	`StockIssuedDuringPeriodSharesRestrictedStockAwardGross`	5,000.00	shares	Point-in-time
Restricted share grants (in Shares)	`StockIssuedDuringPeriodSharesRestrictedStockAwardGross`	1,250.00	shares	Point-in-time
Sale of shares and warrants	`StockIssuedDuringPeriodValueNewIssues`	$77.07K	USD	1 Quarter
Sale of shares and warrants	`StockIssuedDuringPeriodValueNewIssues`	$1.86M	USD	1 Quarter
Sale of shares and warrants	`StockIssuedDuringPeriodValueNewIssues`	$6.37M	USD	1 Quarter
Net income	`ProfitLoss`	$2.91M	USD	1 Quarter
Net income	`ProfitLoss`	$5.29M	USD	2 Qtrs
Net income	`ProfitLoss`	$2.38M	USD	1 Quarter
Net income	`ProfitLoss`	$2.44M	USD	1 Quarter
Net income	`ProfitLoss`	$5.60M	USD	2 Qtrs
Net income	`ProfitLoss`	$3.15M	USD	1 Quarter
Transfer to statutory reserve	`StockIssuedDuringPeriodValueOther`	-	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-4.08M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-258.23K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$833.96K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$373.91K	USD	1 Quarter
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$74.84M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$76.51M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$54.76M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$65.11M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$50.66M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$78.21M	USD	Point-in-time

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