11,467,054us-gaap_Assets
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= us-gaap_VariableInterestEntityPrimaryBeneficiaryAggregatedDisclosureMember

^[1]

11,467,054us-gaap_Assets
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryAggregatedDisclosureMember

^[1]

6,175,646us-gaap_Assets
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryAggregatedDisclosureMember

^[1]

TOTAL LIABILITIES

4,478,205us-gaap_Liabilities
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryAggregatedDisclosureMember

^[1]

4,478,205us-gaap_Liabilities
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryAggregatedDisclosureMember

^[1]

781,126us-gaap_Liabilities
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryAggregatedDisclosureMember

^[1]

Revenue

7,639,171us-gaap_Revenues
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryAggregatedDisclosureMember

2,882,195us-gaap_Revenues
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryAggregatedDisclosureMember

10,775,557us-gaap_Revenues
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryAggregatedDisclosureMember

4,814,573us-gaap_Revenues
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryAggregatedDisclosureMember

Net income

1,167,667us-gaap_NetIncomeLoss
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryAggregatedDisclosureMember

^[2]

398,663us-gaap_NetIncomeLoss
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryAggregatedDisclosureMember

^[2]

1,603,796us-gaap_NetIncomeLoss
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryAggregatedDisclosureMember

^[2]

687,211us-gaap_NetIncomeLoss
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryAggregatedDisclosureMember

^[2]

Net cash provided by operating activities

1,552,236us-gaap_NetCashProvidedByUsedInOperatingActivities
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryAggregatedDisclosureMember

1,265,516us-gaap_NetCashProvidedByUsedInOperatingActivities
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryAggregatedDisclosureMember

Net cash (used in) investing activities

(9,694)us-gaap_NetCashProvidedByUsedInInvestingActivities
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryAggregatedDisclosureMember

(852)us-gaap_NetCashProvidedByUsedInInvestingActivities
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryAggregatedDisclosureMember

Net cash provided by financing activities

46,312us-gaap_NetCashProvidedByUsedInFinancingActivities
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryAggregatedDisclosureMember

26,880us-gaap_NetCashProvidedByUsedInFinancingActivities
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryAggregatedDisclosureMember

Effect of exchange rate changes on cash

(19,240)us-gaap_EffectOfExchangeRateOnCash
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryAggregatedDisclosureMember

15,875us-gaap_EffectOfExchangeRateOnCash
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryAggregatedDisclosureMember

Net increase in cash

$ 1,569,615us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryAggregatedDisclosureMember

$ 1,307,419us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryAggregatedDisclosureMember

[1]	(1) Total assets and liabilities of the VIE are reported net of intercompany balances that have been eliminated with the VIE consolidation.
[2]	(2) Under the Exclusive Technical Service and Business Consulting Agreement, 95% of the net income is to be remitted to WFOE.

- Definition

Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events.

+ References

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-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.18)

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-Name Regulation S-X (SX)

-Number 210

-Section 03

-Paragraph 12

-Article 7

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Amount of increase (decrease) in cash and cash equivalents. Cash and cash equivalents are the amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Includes effect from exchange rate changes.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 24

-URI http://asc.fasb.org/extlink&oid=56944662&loc=d3e3521-108585

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-Paragraph 1

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Amount of effect of exchange rate changes on cash balances held in foreign currencies. Excludes cash equivalents.

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- Definition

Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future.

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Amount of cash inflow (outflow) from financing activities, including discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit.

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Amount of cash inflow (outflow) from investing activities, including discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets.

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The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

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Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss).

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China Tianfeihong Wine Inc 10-Q