| Dec'17 | Dec'16 | |||||
|---|---|---|---|---|---|---|
ASSETS | ||||||
CURRENT ASSETS: | ||||||
Cash and cash equivalents | ||||||
2,346 | 1,145 | |||||
Restricted cash, current | ||||||
797 | 707 | |||||
Accounts receivable | ||||||
1,932 | 865 | |||||
Advances to suppliers | ||||||
633 | 711 | |||||
Inventories | ||||||
9,135 | 5,973 | |||||
Due from related parties | ||||||
361 | 35 | |||||
Prepayments and other current assets | ||||||
371 | 383 | |||||
Total current assets | ||||||
15,579 | 9,822 | |||||
NON-CURRENT ASSETS: | ||||||
Restricted cash, non-current | ||||||
500 | 0 | |||||
Property, plant and equipment, net | ||||||
3,520 | 3,306 | |||||
Land use rights, net | ||||||
211 | 110 | |||||
Total non-current assets | ||||||
4,231 | 3,417 | |||||
Total assets | ||||||
19,810 | 13,239 | |||||
LIABILITIES AND STOCKHOLDERS' EQUITY | ||||||
CURRENT LIABILITIES: | ||||||
Accounts payable | ||||||
4,734 | 3,262 | |||||
Account payable - related parties | ||||||
152 | 111 | |||||
Notes payable | ||||||
1,377 | 1,414 | |||||
Advances from customers | ||||||
231 | 802 | |||||
Advances from customers - related party | ||||||
7 | 0 | |||||
Short term loans | ||||||
1,402 | 1,728 | |||||
Taxes payable | ||||||
13 | 124 | |||||
Due to related parties | ||||||
345 | 1,120 | |||||
Other current liabilities | ||||||
392 | 409 | |||||
Total current liabilities | ||||||
8,656 | 8,973 | |||||
NON-CURRENT LIABILITIES: | ||||||
Deferred tax liabilities | ||||||
5 | 13 | |||||
Total liabilities | ||||||
8,662 | 8,987 | |||||
STOCKHOLDERS' EQUITY | ||||||
Common stock ($0.001 par value; 200,000,000 shares authorized; 9,423,750 and 7,900,000 shares issued and outstanding at December 31, 2017 and 2016) | ||||||
9 | 7 | |||||
Additional paid-in capital | ||||||
9,947 | 4,406 | |||||
Stock subscription receivable | ||||||
100 | 927 | |||||
Statutory reserves | ||||||
160 | 140 | |||||
Retained earnings | ||||||
823 | 727 | |||||
Accumulated other comprehensive income (loss) | ||||||
308 | -102 | |||||
Total stockholders' equity | ||||||
11,148 | 4,252 | |||||
Total liabilities and stockholders' equity | ||||||
19,810 | 13,239 | |||||