Quarterly report pursuant to Section 13 or 15(d)

Unaudited Consolidated Statements of Changes in Shareholders' Equity

v3.19.3
Unaudited Consolidated Statements of Changes in Shareholders' Equity - USD ($)
Ordinary Shares
Additional Paid-in Capital
Retained Earnings
Statutory Reserve
Accumulated Other Comprehensive Loss
Non-controlling Interest
Total
Balance at Dec. 31, 2017 $ 79,055 $ 81,682,599 $ 40,349,189 $ 12,978,343 $ (5,731,889) $ 18,147,859 $ 147,505,156
Balance, Shares at Dec. 31, 2017 79,055,053            
Net income (loss) 872,293 112,395 984,688
Dividend declared (790,551) (790,551)
Foreign currency translation adjustment 5,155,694 448,214 5,603,908
Balance at Mar. 31, 2018 $ 79,055 81,682,599 40,430,931 12,978,343 (576,195) 18,708,468 153,303,201
Balance, Shares at Mar. 31, 2018 79,055,053            
Balance at Dec. 31, 2017 $ 79,055 81,682,599 40,349,189 12,978,343 (5,731,889) 18,147,859 147,505,156
Balance, Shares at Dec. 31, 2017 79,055,053            
Net income (loss)             18,056,832
Balance at Sep. 30, 2018 $ 79,055 81,682,599 54,398,379 12,978,343 (13,412,643) 19,115,990 154,841,723
Balance, Shares at Sep. 30, 2018 79,055,053            
Balance at Mar. 31, 2018 $ 79,055 81,682,599 40,430,931 12,978,343 (576,195) 18,708,468 153,303,201
Balance, Shares at Mar. 31, 2018 79,055,053            
Net income (loss) 2,945,484 389,775 3,335,259
Dividend declared (790,550) (790,550)
Foreign currency translation adjustment (7,042,577) (612,313) (7,654,890)
Balance at Jun. 30, 2018 $ 79,055 81,682,599 42,585,865 12,978,343 (7,618,772) 18,485,930 148,193,020
Balance, Shares at Jun. 30, 2018 79,055,053            
Net income (loss)     12,603,065     1,133,820 13,736,885
Dividend declared     (790,551)       (790,551)
Foreign currency translation adjustment (5,793,871) (503,760) (6,297,631)
Balance at Sep. 30, 2018 $ 79,055 81,682,599 54,398,379 12,978,343 (13,412,643) 19,115,990 154,841,723
Balance, Shares at Sep. 30, 2018 79,055,053            
Balance at Dec. 31, 2018 $ 79,055 81,682,599 49,593,069 14,760,112 (13,448,047) 18,892,322 151,559,110
Balance, Shares at Dec. 31, 2018 79,055,053            
Net income (loss) (1,887,239) (81,100) (1,968,339)
Dividend declared
Foreign currency translation adjustment 2,693,272 206,077 2,899,349
Balance at Mar. 31, 2019 $ 79,055 81,682,599 47,705,830 14,760,112 (10,754,775) 19,017,299 152,490,120
Balance, Shares at Mar. 31, 2019 79,055,053            
Balance at Dec. 31, 2018 $ 79,055 81,682,599 49,593,069 14,760,112 (13,448,047) 18,892,322 151,559,110
Balance, Shares at Dec. 31, 2018 79,055,053            
Net income (loss)             7,476,021
Balance at Sep. 30, 2019 $ 79,055 81,682,599 56,317,408 14,760,112 (17,884,517) 19,238,267 154,192,924
Balance, Shares at Sep. 30, 2019 79,055,053            
Balance at Mar. 31, 2019 $ 79,055 81,682,599 47,705,830 14,760,112 (10,754,775) 19,017,299 152,490,120
Balance, Shares at Mar. 31, 2019 79,055,053            
Net income (loss) 4,579,044 454,923 5,033,967
Dividend declared
Foreign currency translation adjustment (2,821,277) (245,516) (3,066,793)
Balance at Jun. 30, 2019 $ 79,055 81,682,599 52,284,874 14,760,112 (13,576,052) 19,226,706 154,457,294
Balance, Shares at Jun. 30, 2019 79,055,053            
Net income (loss) 4,032,534 377,859 4,410,393
Foreign currency translation adjustment (4,308,465) (366,298) (4,674,763)
Balance at Sep. 30, 2019 $ 79,055 $ 81,682,599 $ 56,317,408 $ 14,760,112 $ (17,884,517) $ 19,238,267 $ 154,192,924
Balance, Shares at Sep. 30, 2019 79,055,053