10-Q Filing

Greenland Technologies Holding Corp. CIK: 1735041 Q3 2022

Filing Information

Form Type	10-Q
Accession Number	`0001213900-22-072196`
Period End Date	20220930
Filing Date	20221114
Fiscal Year	2022
Fiscal Period	Q3
XBRL Instance	f10q0922_greenlandtechn_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 102 Income Statement 107 Cash Flow Statement 93 Stockholders Equity 36

Balance Sheet 102 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, net of allowance for doubtful accounts (in Dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$774.45K	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts (in Dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$859.32K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$11.06M	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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$11.31M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$3.72M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$6.74M	USD	Point-in-time
Short Term Investment	`ShortTermInvestments`	$2.11M	USD	Point-in-time
Ordinary shares, issued	`CommonStockSharesIssued`	12.58M	shares	Point-in-time
Ordinary shares, issued	`CommonStockSharesIssued`	11.33M	shares	Point-in-time
Short Term Investment	`ShortTermInvestments`	$12.24M	USD	Point-in-time
Notes receivable	`AccountsAndOtherReceivablesNetCurrent`	$37.55M	USD	Point-in-time
Ordinary shares, outstanding	`CommonStockSharesOutstanding`	11.33M	shares	Point-in-time
Ordinary shares, outstanding	`CommonStockSharesOutstanding`	12.58M	shares	Point-in-time
Notes receivable	`AccountsAndOtherReceivablesNetCurrent`	$31.61M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $774,452 and $859,319, respectively	`AccountsReceivableNetCurrent`	$15.92M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $774,452 and $859,319, respectively	`AccountsReceivableNetCurrent`	$18.34M	USD	Point-in-time
Inventories	`InventoryNet`	$21.88M	USD	Point-in-time
Inventories	`InventoryNet`	$25.80M	USD	Point-in-time
Due from related parties-current	`DueFromRelatedPartiesCurrent`	$39.68M	USD	Point-in-time
Due from related parties-current	`DueFromRelatedPartiesCurrent`	$35.46M	USD	Point-in-time
Advance to suppliers	`AdvanceToSuppliers`	$676.82K	USD	Point-in-time
Advance to suppliers	`AdvanceToSuppliers`	$434.89K	USD	Point-in-time
Prepayments and other current assets	`OtherAssetsCurrent`	$96.32K	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`	$135.34M	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`	$15.50M	USD	Point-in-time
Land use rights, net	`LandUseRightNet`	$4.04M	USD	Point-in-time
Land use rights, net	`LandUseRightNet`	$3.55M	USD	Point-in-time
Other intangible assets	`OtherIntangibleAssetsNet`	-	USD	Point-in-time
Other intangible assets	`OtherIntangibleAssetsNet`	$157.15K	USD	Point-in-time
Deferred tax assets	`DeferedTaxAssets`	$126.87K	USD	Point-in-time
Deferred tax assets	`DeferedTaxAssets`	$141.62K	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`	$80.68K	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$2.75M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$44.09K	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$242.87K	USD	Point-in-time
Total non-current assets	`AssetsNoncurrent`	$23.26M	USD	Point-in-time
Total non-current assets	`AssetsNoncurrent`	$22.33M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$162.57M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$157.68M	USD	Point-in-time
Short-term bank loans	`ShortTermBorrowings`	$8.76M	USD	Point-in-time
Short-term bank loans	`ShortTermBorrowings`	$8.72M	USD	Point-in-time
Notes payable-bank acceptance notes	`NotesPayablebankAcceptanceNotes`	$33.72M	USD	Point-in-time
Notes payable-bank acceptance notes	`NotesPayablebankAcceptanceNotes`	$42.09M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$29.06M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$23.95M	USD	Point-in-time
Taxes payables	`TaxesPayableCurrent`	-	USD	Point-in-time
Taxes payables	`TaxesPayableCurrent`	$108.06K	USD	Point-in-time
Customer deposits	`ContractWithCustomerLiabilityCurrent`	$387.92K	USD	Point-in-time
Customer deposits	`ContractWithCustomerLiabilityCurrent`	$196.12K	USD	Point-in-time
Due to related parties	`DueToRelatedPartiesCurrent`	$1.59M	USD	Point-in-time
Due to related parties	`DueToRelatedPartiesCurrent`	$3.62M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$1.62M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$1.20M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$33.31K	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$462.37K	USD	Point-in-time
Long-term payables - current	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$197.91K	USD	Point-in-time
Long-term payables - current	`LongTermDebtAndCapitalLeaseObligationsCurrent`	-	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$85.46M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$70.26M	USD	Point-in-time
Long-term payables non-current	`LongTermLoansPayable`	-	USD	Point-in-time
Long-term payables non-current	`LongTermLoansPayable`	-	USD	Point-in-time
Long term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$2.29M	USD	Point-in-time
Long term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$47.61K	USD	Point-in-time
Other long-term liabilities	`OtherLongTermDebtNoncurrent`	$2.21M	USD	Point-in-time
Other long-term liabilities	`OtherLongTermDebtNoncurrent`	$1.83M	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$2.26M	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$4.12M	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$87.72M	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$74.38M	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; 12,579,530 and 11,329,530 shares issued and outstanding as of September 30, 2022 and December 31, 2021.	`CommonStockValue`	-	USD	Point-in-time
Ordinary shares, no par value, unlimited shares authorized; 12,579,530 and 11,329,530 shares issued and outstanding as of September 30, 2022 and December 31, 2021.	`CommonStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$32.96M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$23.76M	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`	$38.22M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$33.67M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-4.43M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$1.01M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$70.59M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$62.28M	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$12.70M	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$12.56M	USD	Point-in-time
TOTAL EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$54.76M	USD	Point-in-time
TOTAL EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$76.51M	USD	Point-in-time
TOTAL EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$74.84M	USD	Point-in-time
TOTAL EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$66.48M	USD	Point-in-time
TOTAL EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$83.29M	USD	Point-in-time
TOTAL EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$65.11M	USD	Point-in-time
TOTAL EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$78.21M	USD	Point-in-time
TOTAL EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$50.66M	USD	Point-in-time
TOTAL LIABILITIES AND SHAREHOLDERS EQUITY	`LiabilitiesAndStockholdersEquity`	$162.57M	USD	Point-in-time
TOTAL LIABILITIES AND SHAREHOLDERS EQUITY	`LiabilitiesAndStockholdersEquity`	$157.68M	USD	Point-in-time

Income Statement 107 line items

Line Item	Tag	Value	Unit	Period
REVENUES	`Revenues`	$23.08M	USD	1 Quarter
Basic and diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	11.33M	shares	1 Quarter
REVENUES	`Revenues`	$21.79M	USD	1 Quarter
REVENUES	`Revenues`	$71.70M	USD	3 Qtrs
Basic and diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	11.63M	shares	3 Qtrs
Basic and diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	10.72M	shares	3 Qtrs
REVENUES	`Revenues`	$75.90M	USD	3 Qtrs
Basic and diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	12.22M	shares	1 Quarter
COST OF GOODS SOLD	`CostOfRevenue`	$55.68M	USD	3 Qtrs
Basic and diluted (in Dollars per share)	`EarningsPerShareDiluted`	$0.10	USD	1 Quarter
Basic and diluted (in Dollars per share)	`EarningsPerShareDiluted`	$0.55	USD	3 Qtrs
COST OF GOODS SOLD	`CostOfRevenue`	$17.99M	USD	1 Quarter
COST OF GOODS SOLD	`CostOfRevenue`	$16.97M	USD	1 Quarter
Basic and diluted (in Dollars per share)	`EarningsPerShareDiluted`	$0.39	USD	3 Qtrs
COST OF GOODS SOLD	`CostOfRevenue`	$59.99M	USD	3 Qtrs
Basic and diluted (in Dollars per share)	`EarningsPerShareDiluted`	$0.09	USD	1 Quarter
GROSS PROFIT	`GrossProfit`	$5.10M	USD	1 Quarter
GROSS PROFIT	`GrossProfit`	$15.91M	USD	3 Qtrs
GROSS PROFIT	`GrossProfit`	$16.02M	USD	3 Qtrs
GROSS PROFIT	`GrossProfit`	$4.81M	USD	1 Quarter
Selling expenses	`SellingExpense`	$522.77K	USD	1 Quarter
Selling expenses	`SellingExpense`	$1.40M	USD	3 Qtrs
Selling expenses	`SellingExpense`	$521.87K	USD	1 Quarter
Selling expenses	`SellingExpense`	$1.68M	USD	3 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$3.72M	USD	3 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$2.81M	USD	3 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$1.15M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$1.19M	USD	1 Quarter
Research and development expenses	`ResearchAndDevelopmentExpense`	$2.97M	USD	3 Qtrs
Research and development expenses	`ResearchAndDevelopmentExpense`	$1.37M	USD	1 Quarter
Research and development expenses	`ResearchAndDevelopmentExpense`	$3.34M	USD	3 Qtrs
Research and development expenses	`ResearchAndDevelopmentExpense`	$1.02M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$8.36M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$2.74M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$7.55M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$3.05M	USD	1 Quarter
INCOME FROM OPERATIONS	`OperatingIncomeLoss`	$2.05M	USD	1 Quarter
INCOME FROM OPERATIONS	`OperatingIncomeLoss`	$2.07M	USD	1 Quarter
INCOME FROM OPERATIONS	`OperatingIncomeLoss`	$8.36M	USD	3 Qtrs
INCOME FROM OPERATIONS	`OperatingIncomeLoss`	$7.65M	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$14.16K	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$12.79K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$4.74K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$35.24K	USD	3 Qtrs
Interest expense	`InterestExpense`	$125.98K	USD	1 Quarter
Interest expense	`InterestExpense`	$508.36K	USD	3 Qtrs
Interest expense	`InterestExpense`	$322.64K	USD	3 Qtrs
Interest expense	`InterestExpense`	$106.51K	USD	1 Quarter
Loss on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-695.00	USD	3 Qtrs
Loss on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-959.00	USD	3 Qtrs
Loss on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-301.00	USD	1 Quarter
Other income	`OtherNonoperatingIncomeExpense`	$231.47K	USD	1 Quarter
Other income	`OtherNonoperatingIncomeExpense`	$655.84K	USD	1 Quarter
Other income	`OtherNonoperatingIncomeExpense`	$830.51K	USD	3 Qtrs
Other income	`OtherNonoperatingIncomeExpense`	$1.42M	USD	3 Qtrs
INCOME BEFORE INCOME TAX	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$2.62M	USD	1 Quarter
INCOME BEFORE INCOME TAX	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$2.18M	USD	1 Quarter
INCOME BEFORE INCOME TAX	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$8.79M	USD	3 Qtrs
INCOME BEFORE INCOME TAX	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$8.69M	USD	3 Qtrs
INCOME TAX	`IncomeTaxExpenseBenefit`	$1.39M	USD	3 Qtrs
INCOME TAX	`IncomeTaxExpenseBenefit`	$927.84K	USD	1 Quarter
INCOME TAX	`IncomeTaxExpenseBenefit`	$518.93K	USD	1 Quarter
INCOME TAX	`IncomeTaxExpenseBenefit`	$1.84M	USD	3 Qtrs
NET INCOME	`ProfitLoss`	$1.25M	USD	1 Quarter
NET INCOME	`ProfitLoss`	$2.10M	USD	1 Quarter
NET INCOME	`ProfitLoss`	$7.39M	USD	3 Qtrs
NET INCOME	`ProfitLoss`	$6.85M	USD	3 Qtrs
NET INCOME	`ProfitLoss`	$3.15M	USD	1 Quarter
NET INCOME	`ProfitLoss`	$2.44M	USD	1 Quarter
NET INCOME	`ProfitLoss`	$2.38M	USD	1 Quarter
NET INCOME	`ProfitLoss`	$2.91M	USD	1 Quarter
LESS: NET INCOME ATTRIBUTABLE TO NONCONTROLLING INTEREST	`NetIncomeLossAttributableToNoncontrollingInterest`	$2.84M	USD	3 Qtrs
LESS: NET INCOME ATTRIBUTABLE TO NONCONTROLLING INTEREST	`NetIncomeLossAttributableToNoncontrollingInterest`	$911.42K	USD	3 Qtrs
LESS: NET INCOME ATTRIBUTABLE TO NONCONTROLLING INTEREST	`NetIncomeLossAttributableToNoncontrollingInterest`	$225.18K	USD	1 Quarter
LESS: NET INCOME ATTRIBUTABLE TO NONCONTROLLING INTEREST	`NetIncomeLossAttributableToNoncontrollingInterest`	$820.23K	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`	$4.55M	USD	3 Qtrs
NET INCOME ATTRIBUTABLE TO GREENLAND TECHNOLOGIES HOLDING CORPORATION AND SUBSIDIARIES	`NetIncomeLoss`	$1.28M	USD	1 Quarter
NET INCOME ATTRIBUTABLE TO GREENLAND TECHNOLOGIES HOLDING CORPORATION AND SUBSIDIARIES	`NetIncomeLoss`	$5.94M	USD	3 Qtrs
OTHER COMPREHENSIVE INCOME (LOSS):	`OtherComprehensiveIncomeLossNetOfTax`	$-8.25M	USD	3 Qtrs
OTHER COMPREHENSIVE INCOME (LOSS):	`OtherComprehensiveIncomeLossNetOfTax`	$-605.51K	USD	1 Quarter
OTHER COMPREHENSIVE INCOME (LOSS):	`OtherComprehensiveIncomeLossNetOfTax`	$-4.55M	USD	1 Quarter
OTHER COMPREHENSIVE INCOME (LOSS):	`OtherComprehensiveIncomeLossNetOfTax`	$-29.78K	USD	3 Qtrs
Unrealized foreign currency translation income (loss) attributable to Greenland Technologies Holding Corporation and subsidiaries	`UnrealizedForeignCurrencyTranslationIncomelossAttributableToGreenlandTechnologiesHolding`	$-433.69K	USD	1 Quarter
Unrealized foreign currency translation income (loss) attributable to Greenland Technologies Holding Corporation and subsidiaries	`UnrealizedForeignCurrencyTranslationIncomelossAttributableToGreenlandTechnologiesHolding`	$-31.31K	USD	3 Qtrs
Unrealized foreign currency translation income (loss) attributable to Greenland Technologies Holding Corporation and subsidiaries	`UnrealizedForeignCurrencyTranslationIncomelossAttributableToGreenlandTechnologiesHolding`	$-2.97M	USD	1 Quarter
Unrealized foreign currency translation income (loss) attributable to Greenland Technologies Holding Corporation and subsidiaries	`UnrealizedForeignCurrencyTranslationIncomelossAttributableToGreenlandTechnologiesHolding`	$-5.45M	USD	3 Qtrs
Unrealized foreign currency translation income (loss) attributable to Noncontrolling interest	`UnrealizedForeignCurrencyTranslationIncomeAttributableToNoncontrollingInterest`	$-2.81M	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`	$-1.58M	USD	1 Quarter
Unrealized foreign currency translation income (loss) attributable to Noncontrolling interest	`UnrealizedForeignCurrencyTranslationIncomeAttributableToNoncontrollingInterest`	$-171.82K	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-1.70M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$594.65K	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-894.20K	USD	3 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$5.91M	USD	3 Qtrs
Noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$32.95K	USD	3 Qtrs
Noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$912.95K	USD	3 Qtrs
Noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-757.38K	USD	1 Quarter
Noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$53.36K	USD	1 Quarter
Basic and diluted (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	11.33M	shares	1 Quarter
Basic and diluted (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	11.63M	shares	3 Qtrs
Basic and diluted (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	10.72M	shares	3 Qtrs
Basic and diluted (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	12.22M	shares	1 Quarter
Basic and diluted (in Dollars per share)	`EarningsPerShareBasic`	$0.09	USD	1 Quarter
Basic and diluted (in Dollars per share)	`EarningsPerShareBasic`	$0.10	USD	1 Quarter
Basic and diluted (in Dollars per share)	`EarningsPerShareBasic`	$0.39	USD	3 Qtrs
Basic and diluted (in Dollars per share)	`EarningsPerShareBasic`	$0.55	USD	3 Qtrs

Cash Flow Statement 93 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$1.25M	USD	1 Quarter
Net income	`ProfitLoss`	$2.10M	USD	1 Quarter
Net income	`ProfitLoss`	$7.39M	USD	3 Qtrs
Net income	`ProfitLoss`	$6.85M	USD	3 Qtrs
Net income	`ProfitLoss`	$3.15M	USD	1 Quarter
Net income	`ProfitLoss`	$2.44M	USD	1 Quarter
Net income	`ProfitLoss`	$2.38M	USD	1 Quarter
Net income	`ProfitLoss`	$2.91M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.87M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.85M	USD	3 Qtrs
Loss on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-695.00	USD	3 Qtrs
Loss on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-959.00	USD	3 Qtrs
Loss on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-301.00	USD	1 Quarter
Increase in allowance for doubtful accounts	`IncreaseInAllowanceForDoubtfulAccounts`	$-4.97K	USD	3 Qtrs
Increase in allowance for doubtful accounts	`IncreaseInAllowanceForDoubtfulAccounts`	-	USD	3 Qtrs
Increase (Decrease) in provision for inventory	`IncreaseInProvisionForInventory`	$22.85K	USD	3 Qtrs
Increase (Decrease) in provision for inventory	`IncreaseInProvisionForInventory`	-	USD	3 Qtrs
Deferred tax assets	`DeferredTaxAsset`	$2.02K	USD	3 Qtrs
Deferred tax assets	`DeferredTaxAsset`	-	USD	3 Qtrs
Stock based compensation expense	`ShareBasedCompensation`	-	USD	3 Qtrs
Stock based compensation expense	`ShareBasedCompensation`	$66.20K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$4.39M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$8.72M	USD	3 Qtrs
Notes receivable	`IncreaseDecreaseInNotesReceivableCurrent`	$-2.18M	USD	3 Qtrs
Notes receivable	`IncreaseDecreaseInNotesReceivableCurrent`	$5.81M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-1.34M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$5.02M	USD	3 Qtrs
Advance to suppliers	`AdvanceToSuppliersCost`	$245.30K	USD	3 Qtrs
Advance to suppliers	`AdvanceToSuppliersCost`	$-307.85K	USD	3 Qtrs
Other current and noncurrent assets	`IncreaseDecreaseOtherCurrentAndNoncurrentAssets`	$78.82K	USD	3 Qtrs
Other current and noncurrent assets	`IncreaseDecreaseOtherCurrentAndNoncurrentAssets`	$-11.40M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$5.98M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-2.23M	USD	3 Qtrs
Customer deposits	`CustomerDeposit`	$-34.91K	USD	3 Qtrs
Customer deposits	`CustomerDeposit`	$-162.26K	USD	3 Qtrs
Other current liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$776.50K	USD	3 Qtrs
Other current liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$-559.80K	USD	3 Qtrs
Income tax payable	`IncreaseDecreaseInAccruedTaxesPayable`	$-103.75K	USD	3 Qtrs
Income tax payable	`IncreaseDecreaseInAccruedTaxesPayable`	-	USD	3 Qtrs
Due to related parties	`IncreaseDecreaseInDueToRelatedParties`	$21.43K	USD	3 Qtrs
Due to related parties	`IncreaseDecreaseInDueToRelatedParties`	$-319.06K	USD	3 Qtrs
Long-term payables-unamortized deferred financing costs	`LongtermPayablesunamortizedDeferredFinancingCost`	$-190.03K	USD	3 Qtrs
Long-term payables-unamortized deferred financing costs	`LongtermPayablesunamortizedDeferredFinancingCost`	$-196.66K	USD	3 Qtrs
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-884.81K	USD	3 Qtrs
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-300.70K	USD	3 Qtrs
NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$-6.12M	USD	3 Qtrs
NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$-5.86M	USD	3 Qtrs
Purchases of long-term assets	`PaymentsToAcquireLandHeldForUse`	$852.27K	USD	3 Qtrs
Purchases of long-term assets	`PaymentsToAcquireLandHeldForUse`	$363.54K	USD	3 Qtrs
Proceeds from government grants for construction	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$166.51K	USD	3 Qtrs
Proceeds from government grants for construction	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$719.63K	USD	3 Qtrs
NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	$-685.76K	USD	3 Qtrs
NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	$356.08K	USD	3 Qtrs
Proceeds from short-term bank loans	`ProceedsFromShortTermDebt`	$10.85M	USD	3 Qtrs
Proceeds from short-term bank loans	`ProceedsFromShortTermDebt`	$8.63M	USD	3 Qtrs
Repayments of short-term bank loans	`RepaymentsOfOtherDebt`	$9.92M	USD	3 Qtrs
Repayments of short-term bank loans	`RepaymentsOfOtherDebt`	$18.65M	USD	3 Qtrs
Notes payable	`ProceedsFromRepaymentsOfNotesPayable`	$16.35M	USD	3 Qtrs
Notes payable	`ProceedsFromRepaymentsOfNotesPayable`	$-4.28M	USD	3 Qtrs
Proceeds from related parties	`ProceedsFromRelatedParties`	$210.94K	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`	$-1.91M	USD	3 Qtrs
Repayment of loans from third parties	`RepaymentsOfOtherLongTermDebt`	$309.45K	USD	3 Qtrs
Repayment of loans from third parties	`RepaymentsOfOtherLongTermDebt`	-	USD	3 Qtrs
Proceeds from third parties	`ProceedsFromThirdParties`	-	USD	3 Qtrs
Proceeds from third parties	`ProceedsFromThirdParties`	$154.72K	USD	3 Qtrs
Payment of principal on financing lease obligation	`PaymentOfPrincipalOnFinancingLeaseObligation`	$188.34K	USD	3 Qtrs
Payment of principal on financing lease obligation	`PaymentOfPrincipalOnFinancingLeaseObligation`	$386.57K	USD	3 Qtrs
Proceeds from equity and debt financing	`ProceedsFromEquityAndDebtFinaning`	$9.20M	USD	3 Qtrs
Proceeds from equity and debt financing	`ProceedsFromEquityAndDebtFinaning`	$8.21M	USD	3 Qtrs
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$3.96M	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`	$6.12M	USD	3 Qtrs
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS AND RESTRICTED CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-1.80M	USD	3 Qtrs
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$134.38K	USD	3 Qtrs
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-969.31K	USD	3 Qtrs
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`	$15.03M	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`	$15.66M	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`	$15.03M	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
Bank balances and cash	`BankBalancesAndCash`	$9.02M	USD	3 Qtrs
Bank balances and cash	`BankBalancesAndCash`	$11.31M	USD	3 Qtrs
Bank balances and cash included in assets classified as restricted cash	`BankBalancesAndCashIncludedInAssetsClassifiedAsRestrictedCash`	$3.72M	USD	3 Qtrs
Bank balances and cash included in assets classified as restricted cash	`BankBalancesAndCashIncludedInAssetsClassifiedAsRestrictedCash`	$6.64M	USD	3 Qtrs
Income taxes paid	`IncomeTaxesPaidNet`	$1.17M	USD	3 Qtrs
Income taxes paid	`IncomeTaxesPaidNet`	$615.63K	USD	3 Qtrs
Interest paid	`InterestPaidNet`	$320.53K	USD	3 Qtrs
Interest paid	`InterestPaidNet`	$533.03K	USD	3 Qtrs

Stockholders Equity 36 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$54.76M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$76.51M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$74.84M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$66.48M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$83.29M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$65.11M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$78.21M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$50.66M	USD	Point-in-time
Restricted share grants	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	$51.00K	USD	1 Quarter
Sale of shares and warrants	`StockIssuedDuringPeriodValueNewIssues`	$9.12M	USD	1 Quarter
Sale of shares and warrants	`StockIssuedDuringPeriodValueNewIssues`	$77.07K	USD	1 Quarter
Sale of shares and warrants	`StockIssuedDuringPeriodValueNewIssues`	$6.37M	USD	1 Quarter
Sale of shares and warrants	`StockIssuedDuringPeriodValueNewIssues`	$1.86M	USD	1 Quarter
Net income	`ProfitLoss`	$1.25M	USD	1 Quarter
Net income	`ProfitLoss`	$2.10M	USD	1 Quarter
Net income	`ProfitLoss`	$7.39M	USD	3 Qtrs
Net income	`ProfitLoss`	$6.85M	USD	3 Qtrs
Net income	`ProfitLoss`	$3.15M	USD	1 Quarter
Net income	`ProfitLoss`	$2.44M	USD	1 Quarter
Net income	`ProfitLoss`	$2.38M	USD	1 Quarter
Net income	`ProfitLoss`	$2.91M	USD	1 Quarter
Transfer to statutory reserve	`StockIssuedDuringPeriodValueOther`	-	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$373.91K	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`	$114.22K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-4.44M	USD	1 Quarter
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$54.76M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$76.51M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$74.84M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$66.48M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$83.29M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$65.11M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$78.21M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$50.66M	USD	Point-in-time

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