10-Q Filing

Greenland Technologies Holding Corp. CIK: 1735041 Q3 2023

Filing Information

Form Type	10-Q
Accession Number	`0001213900-23-088730`
Period End Date	20230930
Filing Date	20231120
Fiscal Year	2023
Fiscal Period	Q3
XBRL Instance	f10q0923_greenlandtech_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 99 Income Statement 108 Cash Flow Statement 110 Stockholders Equity 37

Balance Sheet 99 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, net of allowance for doubtful accounts (in Dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$1.09M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts (in Dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$762.33K	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
Ordinary shares, issued	`CommonStockSharesIssued`	13.59M	shares	Point-in-time
Ordinary shares, issued	`CommonStockSharesIssued`	12.98M	shares	Point-in-time
Ordinary shares, outstanding	`CommonStockSharesOutstanding`	12.98M	shares	Point-in-time
Ordinary shares, outstanding	`CommonStockSharesOutstanding`	13.59M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$21.54M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$16.30M	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`	$3.43M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$2.80M	USD	Point-in-time
Short Term Investment	`ShortTermInvestments`	$7.80M	USD	Point-in-time
Short Term Investment	`ShortTermInvestments`	$4.39M	USD	Point-in-time
Notes receivable	`AccountsAndOtherReceivablesNetCurrent`	$28.75M	USD	Point-in-time
Notes receivable	`AccountsAndOtherReceivablesNetCurrent`	$32.40M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $1,093,826 and $762,325, respectively	`AccountsReceivableNetCurrent`	$20.83M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $1,093,826 and $762,325, respectively	`AccountsReceivableNetCurrent`	$14.34M	USD	Point-in-time
Inventories	`InventoryNet`	$23.10M	USD	Point-in-time
Inventories	`InventoryNet`	$20.50M	USD	Point-in-time
Advance to suppliers	`Supplies`	$412.77K	USD	Point-in-time
Advance to suppliers	`Supplies`	$1.69M	USD	Point-in-time
Prepayments and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$90.73K	USD	Point-in-time
Prepayments and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$1.57M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$138.93M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$132.36M	USD	Point-in-time
Property, plant, equipment and construction in progress, net	`PropertyPlantAndEquipmentNet`	$15.59M	USD	Point-in-time
Property, plant, equipment and construction in progress, net	`PropertyPlantAndEquipmentNet`	$13.73M	USD	Point-in-time
Land use rights, net	`LandUseRightNet`	$3.64M	USD	Point-in-time
Land use rights, net	`LandUseRightNet`	$3.38M	USD	Point-in-time
Other intangible assets	`OtherIntangibleAssetsNet`	$147.47K	USD	Point-in-time
Other intangible assets	`OtherIntangibleAssetsNet`	$208.15K	USD	Point-in-time
Long term investment	`LongTermInvestments`	$250.00K	USD	Point-in-time
Long term investment	`LongTermInvestments`	$300.00K	USD	Point-in-time
Deferred tax assets	`DeferredTaxAssetsDeferredIncome`	$279.08K	USD	Point-in-time
Deferred tax assets	`DeferredTaxAssetsDeferredIncome`	$219.21K	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$2.25M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$2.63M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$253.76K	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$283.12K	USD	Point-in-time
Total non-current assets	`AssetsNoncurrent`	$20.40M	USD	Point-in-time
Total non-current assets	`AssetsNoncurrent`	$22.75M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$159.33M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$155.12M	USD	Point-in-time
Short-term bank loans	`ShortTermBankLoansAndNotesPayable`	10.00M	CNY	Point-in-time
Short-term bank loans	`ShortTermBankLoansAndNotesPayable`	$6.52M	USD	Point-in-time
Short-term bank loans	`ShortTermBankLoansAndNotesPayable`	$8.99M	USD	Point-in-time
Notes payable-bank acceptance notes	`NotesPayablebankAcceptanceNotes`	$30.71M	USD	Point-in-time
Notes payable-bank acceptance notes	`NotesPayablebankAcceptanceNotes`	$28.27M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$25.73M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$24.82M	USD	Point-in-time
Taxes payables	`TaxesPayableCurrent`	$192.48K	USD	Point-in-time
Taxes payables	`TaxesPayableCurrent`	$67.78K	USD	Point-in-time
Customer deposits	`CustomerDepositsCurrent`	$303.12K	USD	Point-in-time
Customer deposits	`CustomerDepositsCurrent`	$227.43K	USD	Point-in-time
Due to related parties	`DueToRelatedParties`	$4.08M	USD	Point-in-time
Due to related parties	`DueToRelatedParties`	$1.69M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$1.55M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$2.65M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$472.18K	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$485.21K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$66.21M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$70.56M	USD	Point-in-time
Long term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$2.18M	USD	Point-in-time
Long term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$1.81M	USD	Point-in-time
Other long-term liabilities	`OtherLongTermDebtNoncurrent`	$1.58M	USD	Point-in-time
Other long-term liabilities	`OtherLongTermDebtNoncurrent`	$1.81M	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$3.99M	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$3.38M	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$70.20M	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$73.95M	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; 13,594,530 and 12,978,504 shares issued and outstanding as of September 30, 2023 and December 31, 2022.	`CommonStockValue`	-	USD	Point-in-time
Ordinary shares, no par value, unlimited shares authorized; 13,594,530 and 12,978,504 shares issued and outstanding as of September 30, 2023 and December 31, 2022.	`CommonStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$32.96M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$32.96M	USD	Point-in-time
Statutory reserves	`StatutoryReserves`	$3.84M	USD	Point-in-time
Statutory reserves	`StatutoryReserves`	$3.84M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$37.23M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$40.19M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-2.83M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-3.55M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$71.20M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$73.43M	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$11.96M	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$13.72M	USD	Point-in-time
TOTAL EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$78.21M	USD	Point-in-time
TOTAL EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$85.39M	USD	Point-in-time
TOTAL EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$83.29M	USD	Point-in-time
TOTAL EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$74.84M	USD	Point-in-time
TOTAL EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$85.34M	USD	Point-in-time
TOTAL EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$87.69M	USD	Point-in-time
TOTAL EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$76.51M	USD	Point-in-time
TOTAL EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$84.92M	USD	Point-in-time
TOTAL LIABILITIES AND SHAREHOLDERS EQUITY	`LiabilitiesAndStockholdersEquity`	$159.33M	USD	Point-in-time
TOTAL LIABILITIES AND SHAREHOLDERS EQUITY	`LiabilitiesAndStockholdersEquity`	$155.12M	USD	Point-in-time

Income Statement 108 line items

Line Item	Tag	Value	Unit	Period
REVENUES	`Revenues`	$71.70M	USD	3 Qtrs
Diluted weighted average ordinary shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	12.22M	shares	1 Quarter
Diluted weighted average ordinary shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	11.63M	shares	3 Qtrs
REVENUES	`Revenues`	$67.56M	USD	3 Qtrs
Diluted weighted average ordinary shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	13.31M	shares	3 Qtrs
Diluted weighted average ordinary shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	13.59M	shares	1 Quarter
REVENUES	`Revenues`	$21.84M	USD	1 Quarter
REVENUES	`Revenues`	$21.79M	USD	1 Quarter
Diluted net income per ordinary share	`EarningsPerShareDiluted`	$0.39	USD	3 Qtrs
Diluted net income per ordinary share	`EarningsPerShareDiluted`	$0.10	USD	1 Quarter
COST OF GOODS SOLD	`CostOfRevenue`	$55.68M	USD	3 Qtrs
Diluted net income per ordinary share	`EarningsPerShareDiluted`	$-0.07	USD	1 Quarter
COST OF GOODS SOLD	`CostOfRevenue`	$16.97M	USD	1 Quarter
COST OF GOODS SOLD	`CostOfRevenue`	$15.57M	USD	1 Quarter
Diluted net income per ordinary share	`EarningsPerShareDiluted`	$0.22	USD	3 Qtrs
COST OF GOODS SOLD	`CostOfRevenue`	$48.84M	USD	3 Qtrs
GROSS PROFIT	`GrossProfit`	$16.02M	USD	3 Qtrs
GROSS PROFIT	`GrossProfit`	$4.81M	USD	1 Quarter
GROSS PROFIT	`GrossProfit`	$6.27M	USD	1 Quarter
GROSS PROFIT	`GrossProfit`	$18.72M	USD	3 Qtrs
Selling expenses	`SellingExpense`	$1.68M	USD	3 Qtrs
Selling expenses	`SellingExpense`	$1.57M	USD	3 Qtrs
Selling expenses	`SellingExpense`	$606.65K	USD	1 Quarter
Selling expenses	`SellingExpense`	$521.87K	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$3.72M	USD	3 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$1.19M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$4.77M	USD	3 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$1.61M	USD	1 Quarter
Research and development expenses	`ResearchAndDevelopmentExpense`	$1.25M	USD	1 Quarter
Research and development expenses	`ResearchAndDevelopmentExpense`	$1.02M	USD	1 Quarter
Research and development expenses	`ResearchAndDevelopmentExpense`	$2.97M	USD	3 Qtrs
Research and development expenses	`ResearchAndDevelopmentExpense`	$3.79M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$10.13M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$3.46M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$2.74M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$8.36M	USD	3 Qtrs
INCOME FROM OPERATIONS	`OperatingIncomeLoss`	$7.65M	USD	3 Qtrs
INCOME FROM OPERATIONS	`OperatingIncomeLoss`	$2.81M	USD	1 Quarter
INCOME FROM OPERATIONS	`OperatingIncomeLoss`	$8.59M	USD	3 Qtrs
INCOME FROM OPERATIONS	`OperatingIncomeLoss`	$2.07M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$4.24K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$35.24K	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$12.79K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$79.32K	USD	3 Qtrs
Interest expense	`InterestExpense`	$218.95K	USD	3 Qtrs
Interest expense	`InterestExpense`	$72.95K	USD	1 Quarter
Interest expense	`InterestExpense`	$125.98K	USD	1 Quarter
Interest expense	`InterestExpense`	$322.64K	USD	3 Qtrs
Loss on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-443.00	USD	3 Qtrs
Loss on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-204.00	USD	1 Quarter
Loss on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-301.00	USD	1 Quarter
Loss on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-695.00	USD	3 Qtrs
Other income(expense)	`OtherNonoperatingIncomeExpense`	$-1.37M	USD	3 Qtrs
Other income(expense)	`OtherNonoperatingIncomeExpense`	$655.84K	USD	1 Quarter
Other income(expense)	`OtherNonoperatingIncomeExpense`	$1.42M	USD	3 Qtrs
Other income(expense)	`OtherNonoperatingIncomeExpense`	$-1.66M	USD	1 Quarter
INCOME BEFORE INCOME TAX	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$2.62M	USD	1 Quarter
INCOME BEFORE INCOME TAX	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.07M	USD	1 Quarter
INCOME BEFORE INCOME TAX	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$7.07M	USD	3 Qtrs
INCOME BEFORE INCOME TAX	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$8.79M	USD	3 Qtrs
INCOME TAX	`IncomeTaxExpenseBenefit`	$518.93K	USD	1 Quarter
INCOME TAX	`IncomeTaxExpenseBenefit`	$878.92K	USD	1 Quarter
INCOME TAX	`IncomeTaxExpenseBenefit`	$1.48M	USD	3 Qtrs
INCOME TAX	`IncomeTaxExpenseBenefit`	$1.39M	USD	3 Qtrs
NET INCOME	`ProfitLoss`	$2.91M	USD	1 Quarter
NET INCOME	`ProfitLoss`	$2.10M	USD	1 Quarter
NET INCOME	`ProfitLoss`	$2.38M	USD	1 Quarter
NET INCOME	`ProfitLoss`	$2.94M	USD	1 Quarter
NET INCOME	`ProfitLoss`	$194.88K	USD	1 Quarter
NET INCOME	`ProfitLoss`	$7.39M	USD	3 Qtrs
NET INCOME	`ProfitLoss`	$2.46M	USD	1 Quarter
NET INCOME	`ProfitLoss`	$5.59M	USD	3 Qtrs
LESS: NET INCOME ATTRIBUTABLE TO NONCONTROLLING INTEREST	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.08M	USD	1 Quarter
LESS: NET INCOME ATTRIBUTABLE TO NONCONTROLLING INTEREST	`NetIncomeLossAttributableToNoncontrollingInterest`	$820.23K	USD	1 Quarter
LESS: NET INCOME ATTRIBUTABLE TO NONCONTROLLING INTEREST	`NetIncomeLossAttributableToNoncontrollingInterest`	$2.63M	USD	3 Qtrs
LESS: NET INCOME ATTRIBUTABLE TO NONCONTROLLING INTEREST	`NetIncomeLossAttributableToNoncontrollingInterest`	$2.84M	USD	3 Qtrs
NET INCOME(LOSS) ATTRIBUTABLE TO GREENLAND TECHNOLOGIES HOLDING CORPORATION AND SUBSIDIARIES	`NetIncomeLoss`	$-887.42K	USD	1 Quarter
NET INCOME(LOSS) ATTRIBUTABLE TO GREENLAND TECHNOLOGIES HOLDING CORPORATION AND SUBSIDIARIES	`NetIncomeLoss`	$4.55M	USD	3 Qtrs
NET INCOME(LOSS) ATTRIBUTABLE TO GREENLAND TECHNOLOGIES HOLDING CORPORATION AND SUBSIDIARIES	`NetIncomeLoss`	$1.28M	USD	1 Quarter
NET INCOME(LOSS) ATTRIBUTABLE TO GREENLAND TECHNOLOGIES HOLDING CORPORATION AND SUBSIDIARIES	`NetIncomeLoss`	$2.96M	USD	3 Qtrs
OTHER COMPREHENSIVE INCOME (LOSS):	`OtherComprehensiveIncomeLossNetOfTax`	$-4.44M	USD	1 Quarter
OTHER COMPREHENSIVE INCOME (LOSS):	`OtherComprehensiveIncomeLossNetOfTax`	$3.76M	USD	1 Quarter
OTHER COMPREHENSIVE INCOME (LOSS):	`OtherComprehensiveIncomeLossNetOfTax`	$-517.16K	USD	3 Qtrs
OTHER COMPREHENSIVE INCOME (LOSS):	`OtherComprehensiveIncomeLossNetOfTax`	$-8.14M	USD	3 Qtrs
Unrealized foreign currency translation income (loss) attributable to Greenland Technologies Holding Corporation and subsidiaries	`UnrealizedForeignCurrencyTranslationIncomelossAttributableToGreenlandTechnologiesHoldin`	$-5.45M	USD	3 Qtrs
Unrealized foreign currency translation income (loss) attributable to Greenland Technologies Holding Corporation and subsidiaries	`UnrealizedForeignCurrencyTranslationIncomelossAttributableToGreenlandTechnologiesHoldin`	$-2.97M	USD	1 Quarter
Unrealized foreign currency translation income (loss) attributable to Greenland Technologies Holding Corporation and subsidiaries	`UnrealizedForeignCurrencyTranslationIncomelossAttributableToGreenlandTechnologiesHoldin`	$-721.43K	USD	3 Qtrs
Unrealized foreign currency translation income (loss) attributable to Greenland Technologies Holding Corporation and subsidiaries	`UnrealizedForeignCurrencyTranslationIncomelossAttributableToGreenlandTechnologiesHoldin`	$2.25M	USD	1 Quarter
Unrealized foreign currency translation income (loss) attributable to Noncontrolling interest	`UnrealizedForeignCurrencyTranslationIncomeAttributableToNoncontrollingInterest`	$204.27K	USD	3 Qtrs
Unrealized foreign currency translation income (loss) attributable to Noncontrolling interest	`UnrealizedForeignCurrencyTranslationIncomeAttributableToNoncontrollingInterest`	$1.51M	USD	1 Quarter
Unrealized foreign currency translation income (loss) attributable to Noncontrolling interest	`UnrealizedForeignCurrencyTranslationIncomeAttributableToNoncontrollingInterest`	$-2.70M	USD	3 Qtrs
Unrealized foreign currency translation income (loss) attributable to Noncontrolling interest	`UnrealizedForeignCurrencyTranslationIncomeAttributableToNoncontrollingInterest`	$-1.47M	USD	1 Quarter
Comprehensive income (loss) attributable to Greenland Technologies Holding Corporation and subsidiaries	`ComprehensiveIncomeNetOfTax`	$2.24M	USD	3 Qtrs
Comprehensive income (loss) attributable to Greenland Technologies Holding Corporation and subsidiaries	`ComprehensiveIncomeNetOfTax`	$-894.20K	USD	3 Qtrs
Comprehensive income (loss) attributable to Greenland Technologies Holding Corporation and subsidiaries	`ComprehensiveIncomeNetOfTax`	$1.36M	USD	1 Quarter
Comprehensive income (loss) attributable to Greenland Technologies Holding Corporation and subsidiaries	`ComprehensiveIncomeNetOfTax`	$-1.70M	USD	1 Quarter
Noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$2.84M	USD	3 Qtrs
Noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$144.04K	USD	3 Qtrs
Noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-646.28K	USD	1 Quarter
Noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$2.59M	USD	1 Quarter
Basic and diluted (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	13.31M	shares	3 Qtrs
Basic and diluted (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	11.63M	shares	3 Qtrs
Basic and diluted (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	13.59M	shares	1 Quarter
Basic and diluted (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	12.22M	shares	1 Quarter
Basic and diluted (in Dollars per share)	`EarningsPerShareBasic`	$0.39	USD	3 Qtrs
Basic and diluted (in Dollars per share)	`EarningsPerShareBasic`	$-0.07	USD	1 Quarter
Basic and diluted (in Dollars per share)	`EarningsPerShareBasic`	$0.22	USD	3 Qtrs
Basic and diluted (in Dollars per share)	`EarningsPerShareBasic`	$0.10	USD	1 Quarter

Cash Flow Statement 110 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$2.91M	USD	1 Quarter
Net income	`ProfitLoss`	$2.10M	USD	1 Quarter
Net income	`ProfitLoss`	$2.38M	USD	1 Quarter
Net income	`ProfitLoss`	$2.94M	USD	1 Quarter
Net income	`ProfitLoss`	$194.88K	USD	1 Quarter
Net income	`ProfitLoss`	$7.39M	USD	3 Qtrs
Net income	`ProfitLoss`	$2.46M	USD	1 Quarter
Net income	`ProfitLoss`	$5.59M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.85M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.63M	USD	3 Qtrs
Amortization of deferred subsidy	`AmortizationOfDeferredLoanOriginationFeesNet`	$884.81K	USD	3 Qtrs
Amortization of deferred subsidy	`AmortizationOfDeferredLoanOriginationFeesNet`	$141.75K	USD	3 Qtrs
Loss on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-443.00	USD	3 Qtrs
Loss on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-204.00	USD	1 Quarter
Loss on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-301.00	USD	1 Quarter
Loss on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-695.00	USD	3 Qtrs
Increase in allowance for doubtful accounts	`IncreaseInAllowanceForDoubtfulAccount`	$4.97K	USD	3 Qtrs
Increase in allowance for doubtful accounts	`IncreaseInAllowanceForDoubtfulAccount`	$387.05K	USD	3 Qtrs
Increase(Decrease) in provision for inventory	`IncreaseInProvisionForInventory`	$22.85K	USD	3 Qtrs
Increase(Decrease) in provision for inventory	`IncreaseInProvisionForInventory`	$-108.72K	USD	3 Qtrs
Deferred tax assets	`DeferredIncomeTaxesAndTaxCredits`	$-74.53K	USD	3 Qtrs
Deferred tax assets	`DeferredIncomeTaxesAndTaxCredits`	-	USD	3 Qtrs
Non-cash lease expenses	`OtherNoncashExpense`	$198.59K	USD	3 Qtrs
Non-cash lease expenses	`OtherNoncashExpense`	$463.48K	USD	3 Qtrs
Loss on disposal of short term investment	`GainLossOnSaleOfInvestments`	-	USD	3 Qtrs
Loss on disposal of short term investment	`GainLossOnSaleOfInvestments`	$-25.32K	USD	3 Qtrs
Accrued interest income derived from loan to RP	`AccruedInterestIncomeDerivedFromLoanToRP`	-	USD	3 Qtrs
Accrued interest income derived from loan to RP	`AccruedInterestIncomeDerivedFromLoanToRP`	$5.33K	USD	3 Qtrs
Accrued expense	`AccruedExpense`	$818.84K	USD	3 Qtrs
Accrued expense	`AccruedExpense`	-	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$4.39M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$7.93M	USD	3 Qtrs
Notes receivable	`IncreaseDecreaseInNotesReceivableCurrent`	$-2.18M	USD	3 Qtrs
Notes receivable	`IncreaseDecreaseInNotesReceivableCurrent`	$5.42M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-1.34M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-1.34M	USD	3 Qtrs
Advance to suppliers	`IncreaseDecreaseinAdvanceToSuppliers`	$1.30M	USD	3 Qtrs
Advance to suppliers	`IncreaseDecreaseinAdvanceToSuppliers`	$307.85K	USD	3 Qtrs
Other current and noncurrent assets	`IncreaseDecreaseOtherCurrentAndNoncurrentAssets`	$-2.68M	USD	3 Qtrs
Other current and noncurrent assets	`IncreaseDecreaseOtherCurrentAndNoncurrentAssets`	$11.44M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-2.23M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$2.34M	USD	3 Qtrs
Customer deposits	`IncreaseDecreaseInCustomerDeposits`	$-162.26K	USD	3 Qtrs
Customer deposits	`IncreaseDecreaseInCustomerDeposits`	$91.34K	USD	3 Qtrs
Other current liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$776.50K	USD	3 Qtrs
Other current liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$396.75K	USD	3 Qtrs
Income tax payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-103.75K	USD	3 Qtrs
Income tax payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-118.43K	USD	3 Qtrs
Due to related parties	`IncreaseDecreaseInDueToRelatedParties`	-	USD	3 Qtrs
Due to related parties	`IncreaseDecreaseInDueToRelatedParties`	$21.43K	USD	3 Qtrs
Long-term payables-Unamortized deferred financing costs	`LongtermPayablesUnamortizedDeferredFinancingCosts`	$-190.03K	USD	3 Qtrs
Long-term payables-Unamortized deferred financing costs	`LongtermPayablesUnamortizedDeferredFinancingCosts`	-	USD	3 Qtrs
Lease liabilities	`IncreaseDecreaseInOperatingLeaseLiability`	$-445.23K	USD	3 Qtrs
Lease liabilities	`IncreaseDecreaseInOperatingLeaseLiability`	$-160.12K	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`	$441.45K	USD	3 Qtrs
Purchases of long term assets	`PaymentsToAcquireLandHeldForUse`	$592.41K	USD	3 Qtrs
Purchases of long term assets	`PaymentsToAcquireLandHeldForUse`	$363.54K	USD	3 Qtrs
Loan lend to third parties	`PaymentsToFundLongtermLoansToRelatedParties`	-	USD	3 Qtrs
Loan lend to third parties	`PaymentsToFundLongtermLoansToRelatedParties`	$426.48K	USD	3 Qtrs
Repayment of loans lend to third parties	`ProceedsFromCollectionOfLongtermLoansToRelatedParties`	-	USD	3 Qtrs
Repayment of loans lend to third parties	`ProceedsFromCollectionOfLongtermLoansToRelatedParties`	$1.85M	USD	3 Qtrs
Proceeds from government grants for construction	`Proceedsfromgovernmentgrantsforconstruction`	-	USD	3 Qtrs
Proceeds from government grants for construction	`Proceedsfromgovernmentgrantsforconstruction`	$719.63K	USD	3 Qtrs
Proceeds from sale of short term investment	`ProceedsFromSaleOfShortTermInvestments`	-	USD	3 Qtrs
Proceeds from sale of short term investment	`ProceedsFromSaleOfShortTermInvestments`	$444.15K	USD	3 Qtrs
Investment in a joint venture	`PaymentsToAcquireInterestInJointVenture`	-	USD	3 Qtrs
Investment in a joint venture	`PaymentsToAcquireInterestInJointVenture`	$50.00K	USD	3 Qtrs
NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	$1.22M	USD	3 Qtrs
NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	$356.08K	USD	3 Qtrs
Proceeds from short-term bank loans	`ProceedsFromShortTermDebt`	$6.77M	USD	3 Qtrs
Proceeds from short-term bank loans	`ProceedsFromShortTermDebt`	$10.85M	USD	3 Qtrs
Repayments of short-term bank loans	`RepaymentsOfShortTermDebt`	$9.92M	USD	3 Qtrs
Repayments of short-term bank loans	`RepaymentsOfShortTermDebt`	$8.81M	USD	3 Qtrs
Notes payable	`ProceedsFromRepaymentsOfNotesPayable`	$4.13M	USD	3 Qtrs
Notes payable	`ProceedsFromRepaymentsOfNotesPayable`	$-4.28M	USD	3 Qtrs
Proceeds from related parties	`PrepaymentOfLeasefinancingObligations`	$-210.94K	USD	3 Qtrs
Proceeds from related parties	`PrepaymentOfLeasefinancingObligations`	-	USD	3 Qtrs
Repayment of loans from related parties	`ProceedsFromRepaymentsOfRelatedPartyDebt`	$-1.91M	USD	3 Qtrs
Repayment of loans from related parties	`ProceedsFromRepaymentsOfRelatedPartyDebt`	-	USD	3 Qtrs
Dividend paid	`PaymentsOfDividends`	-	USD	3 Qtrs
Dividend paid	`PaymentsOfDividends`	$703.60K	USD	3 Qtrs
Payment of principal on financing lease obligation	`FinanceLeasePrincipalPayments`	$188.34K	USD	3 Qtrs
Payment of principal on financing lease obligation	`FinanceLeasePrincipalPayments`	-	USD	3 Qtrs
Proceeds from equity and debt financing	`ProceedsFromEquityAndDebtFinancing`	$9.20M	USD	3 Qtrs
Proceeds from equity and debt financing	`ProceedsFromEquityAndDebtFinancing`	-	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`	$1.39M	USD	3 Qtrs
NET INCREASE IN CASH AND CASH EQUIVALENTS AND RESTRICTED CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-1.80M	USD	3 Qtrs
NET INCREASE IN CASH AND CASH EQUIVALENTS AND RESTRICTED CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$3.05M	USD	3 Qtrs
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-969.31K	USD	3 Qtrs
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.57M	USD	3 Qtrs
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`	$24.35M	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`	$19.73M	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`	$24.35M	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`	$19.73M	USD	Point-in-time
Bank balances and cash	`CashAndCashEquivalentsAtCarryingValue`	$21.54M	USD	Point-in-time
Bank balances and cash	`CashAndCashEquivalentsAtCarryingValue`	$16.30M	USD	Point-in-time
Bank balances and cash	`CashAndCashEquivalentsAtCarryingValue`	$11.31M	USD	Point-in-time
Bank balances and cash included in assets classified as restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$3.72M	USD	Point-in-time
Bank balances and cash included in assets classified as restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$3.43M	USD	Point-in-time
Bank balances and cash included in assets classified as restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$2.80M	USD	Point-in-time
Income taxes paid	`IncomeTaxesPaidNet`	$615.63K	USD	3 Qtrs
Income taxes paid	`IncomeTaxesPaidNet`	$797.59K	USD	3 Qtrs
Interest paid	`InterestPaidNet`	$320.53K	USD	3 Qtrs
Interest paid	`InterestPaidNet`	$215.49K	USD	3 Qtrs

Stockholders Equity 37 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$78.21M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$85.39M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$83.29M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$74.84M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$85.34M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$87.69M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$76.51M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$84.92M	USD	Point-in-time
Sale of shares and warrants	`StockIssuedDuringPeriodValueNewIssues`	$9.12M	USD	1 Quarter
Sale of shares and warrants	`StockIssuedDuringPeriodValueNewIssues`	$77.07K	USD	1 Quarter
Net income	`ProfitLoss`	$2.91M	USD	1 Quarter
Net income	`ProfitLoss`	$2.10M	USD	1 Quarter
Net income	`ProfitLoss`	$2.38M	USD	1 Quarter
Net income	`ProfitLoss`	$2.94M	USD	1 Quarter
Net income	`ProfitLoss`	$194.88K	USD	1 Quarter
Net income	`ProfitLoss`	$7.39M	USD	3 Qtrs
Net income	`ProfitLoss`	$2.46M	USD	1 Quarter
Net income	`ProfitLoss`	$5.59M	USD	3 Qtrs
Dividend	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$703.60K	USD	1 Quarter
Cancellation of subsidiary	`NonControllingInterestCancellationOfSubsidiary`	$-3.90M	USD	1 Quarter
Cashless excercise of stock warrants	`StockIssuedDuringPeriodValueStockOptionsExercised`	-	USD	1 Quarter
Cashless excercise of stock warrants (in Shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	616,026.00	shares	Point-in-time
Cashless excercise of stock warrants (in Shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	616,026.00	shares	Point-in-time
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-4.44M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$317.33K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$373.91K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-4.59M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-4.08M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$3.76M	USD	1 Quarter
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$78.21M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$85.39M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$83.29M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$74.84M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$85.34M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$87.69M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$76.51M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$84.92M	USD	Point-in-time

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