Ever-Glory International (EVKG) 10-Q 13 Nov 15 2015 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2015	Nov. 11, 2015
Document and Entity Information [Abstract]
Entity Registrant Name	Ever-Glory International Group, Inc.
Entity Central Index Key	943,184
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Document Type	10-Q
Document Period End Date	Sep. 30, 2015
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	Q3
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		14,785,868

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Unaudited) - USD ($)	Sep. 30, 2015	Dec. 31, 2014
CURRENT ASSETS
Cash and cash equivalents	$ 26,874,321	$ 34,134,239
Accounts receivable	78,908,425	91,874,693
Inventories	77,231,656	70,270,213
Value added tax receivable	4,341,491	2,697,080
Other receivables and prepaid expenses	3,388,198	3,523,862
Advances on inventory purchases	8,503,660	3,916,913
Amounts due from related parties	373,132	1,651,987
Total Current Assets	199,620,883	208,068,987
INTANGIBLE ASSETS	6,345,191	4,041,284
PROPERTY AND EQUIPMENT, NET	21,311,149	20,102,976
TOTAL ASSETS	227,277,223	232,213,247
CURRENT LIABILITIES
Bank loans	51,316,567	60,216,950
Accounts payable	63,064,814	58,923,234
Accounts payable and other payables - related parties	1,547,343	3,895,578
Other payables and accrued liabilities	20,921,111	20,911,191
Value added and other taxes payable	4,712,780	6,217,081
Income tax payable	5,957,767	5,523,173
Deferred tax liabilities	1,912,315	3,874,594
Total Current Liabilities	149,432,697	159,561,801
TOTAL LIABILITIES	$ 149,432,697	$ 159,561,801
COMMITMENTS AND CONTINGENCIES
Stockholders' equity of the Company:
Preferred stock ($.001 par value, authorized 5,000,000 shares, no shares issued and outstanding)
Common stock ($.001 par value, authorized 50,000,000 shares, 14,785,868 and 14,784,094 shares issued and outstanding as of September 30, 2015 and December 31, 2014, respectively)	$ 14,786	$ 14,784
Additional paid-in capital	3,597,193	3,587,195
Retained earnings	76,464,975	67,659,920
Statutory reserve	12,536,641	12,536,641
Accumulated other comprehensive income	5,343,499	8,277,248
Amounts due from related party	(20,146,900)	(19,424,342)
Total Stockholders' Equity	77,810,194	$ 72,651,446
Noncontrolling interest	34,332
Total Equity	77,844,526	$ 72,651,446
TOTAL LIABILITIES AND EQUITY	$ 227,277,223	$ 232,213,247

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Unaudited) (Parenthetical) - $ / shares	Sep. 30, 2015	Dec. 31, 2014
Condensed Consolidated Balance Sheets [Abstract]
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, shares authorized	5,000,000	5,000,000
Preferred stock, shares issued
Preferred stock, shares outstanding
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares authorized	50,000,000	50,000,000
Common stock, shares issued	14,785,868	14,784,094
Common stock, shares outstanding	14,785,868	14,784,094

Condensed Consolidated Statemen

Condensed Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Condensed Consolidated Statements of Comprehensive Income [Abstract]
NET SALES	$ 118,601,207	$ 139,949,325	$ 292,231,167	$ 331,632,274
COST OF SALES	86,258,066	106,118,870	199,232,245	242,671,071
GROSS PROFIT	32,343,141	33,830,455	92,998,922	88,961,203
OPERATING EXPENSES
Selling expenses	19,198,576	17,806,645	57,036,238	48,332,603
General and administrative expenses	9,335,443	9,699,667	23,855,462	23,634,073
Total Operating Expenses	28,534,019	27,506,312	80,891,700	71,966,676
INCOME FROM OPERATIONS	3,809,122	6,324,143	12,107,222	16,994,527
OTHER INCOME (EXPENSES)
Interest income	212,134	327,031	750,889	904,778
Interest expense	(571,883)	(914,480)	(2,064,170)	(2,396,288)
Other income	341,182	1,006,019	1,113,879	1,918,242
Total Other Income (Expenses)	(18,567)	418,570	(199,402)	426,732
INCOME BEFORE INCOME TAX EXPENSE	3,790,555	6,742,713	11,907,820	17,421,259
Income tax expense	(1,065,946)	(1,606,015)	(3,269,910)	(4,364,689)
NET INCOME	2,724,609	$ 5,136,698	8,637,910	$ 13,056,570
Net loss attributable to the non-controlling interest	86,751		167,145
NET INCOME ATTRIBUTABLE TO THE COMPANY	2,811,360	$ 5,136,698	8,805,055	$ 13,056,570
NET INCOME	2,724,609	5,136,698	8,637,910	13,056,570
Foreign currency translation loss	(3,265,584)	(121,307)	(2,936,691)	(464,689)
COMPREHENSIVE (LOSS) INCOME	(540,975)	$ 5,015,391	5,701,219	$ 12,591,881
Comprehensive loss attributable to the non-controlling interest	89,528		170,088
COMPREHENSIVE (LOSS) INCOME ATTRIBUTABLE TO THE COMPANY	$ (451,447)	$ 5,015,391	$ 5,871,307	$ 12,591,881
EARNINGS PER SHARE ATTRIBUTABLE TO THE COMPANY'S STOCKHOLDERS
Basic and diluted	$ 0.19	$ 0.35	$ 0.60	$ 0.88
Weighted average number of shares outstanding
Basic and diluted	14,785,309	14,782,668	14,784,503	14,781,722

Condensed Consolidated Stateme5

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)	9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
CASH FLOWS FROM OPERATING ACTIVITIES
Net income	$ 8,637,910	$ 13,056,570
Adjustments to reconcile net income to cash provided by operating activities:
Depreciation and amortization	6,825,638	5,330,152
Loss (gain) on sale of property and equipment	(27,779)	$ 123,312
Provision for doubtful accounts	2,296
Deferred income tax	$ (1,884,699)	$ (2,536,929)
Stock-based compensation		15,041
Changes in operating assets and liabilities
Accounts receivable	$ 10,591,818	(13,570,634)
Inventories	(9,507,310)	(15,939,969)
Value added tax receivable	(1,790,507)	(4,385,162)
Other receivables and prepaid expenses	12,884	(1,780,015)
Advances on inventory purchases	(4,866,182)	(1,989,012)
Amounts due from related parties	1,998,255	27,024
Accounts payable	6,360,987	12,217,725
Accounts payable and other payables- related parties	(3,789,075)	1,162,450
Other payables and accrued liabilities	752,105	2,904,418
Value added and other taxes payable	(1,329,515)	1,089,052
Income tax payable	644,049	4,921,589
Net cash provided by operating activities	12,630,875	645,612
CASH FLOWS FROM INVESTING ACTIVITIES
Purchase of property and equipment	(8,716,898)	(6,870,602)
Proceeds from sale of property and equipment	49,210	16,680
Purchase of intangible assets	(1,720,587)	$ (1,311,394)
Acquisition of Yiduo net of cash acquired	(456,776)
Net cash used in investing activities	(10,845,051)	$ (8,165,316)
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from bank loans	86,296,938	93,577,978
Repayment of bank loans	(93,556,930)	(97,488,790)
Advances to related party	(3,104,640)	(5,040,600)
Repayment of advances from related party	$ 2,425,500	3,542,404
Interest income received from related party		1,300,800
Net cash used in financing activities	$ (7,939,132)	(4,108,208)
EFFECT OF EXCHANGE RATE CHANGES ON CASH	(1,106,610)	(159,412)
NET DECREASE IN CASH AND CASH EQUIVALENTS	(7,259,918)	(11,787,324)
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD	34,134,239	27,772,878
CASH AND CASH EQUIVALENTS AT END OF PERIOD	26,874,321	15,985,554
Cash paid during the period for:
Interest	2,064,170	2,396,288
Income taxes	4,510,651	$ 1,997,638
SUPPLEMENTAL INFORMATION OF NONCASH INVESTING ACTIVITIES
Increase in intangible assets and non-controlling interests	$ 232,947

Summary of Business and Basis o

Summary of Business and Basis of Presentation	9 Months Ended
	Sep. 30, 2015
Summary of Business and Basis of Presentation [Abstract]
SUMMARY OF BUSINESS AND BASIS OF PRESENTATION	NOTE 1 SUMMARY OF BUSINESS AND BASIS OF PRESENTATION Organization and business Ever-Glory International Group, Inc. (the “Company”), together with its subsidiaries, is an apparel manufacturer, supplier and retailer in The People's Republic of China ("China or "PRC"), with a wholesale segment and a retail segment. The Company’s wholesale business consists of recognized brands for department and specialty stores located in China, Europe, Japan and the United States. The Company’s retail business consists of flagship stores and store-in-stores for the Company’s own-brand products. The Company’s wholesale operations are provided primarily through the Company’s wholly-owned PRC subsidiaries, Goldenway Nanjing Garments Co. Ltd. (“Goldenway”), Nanjing Catch-Luck Garments Co. Ltd. (“Catch-Luck”), Nanjing New-Tailun Garments Co. Ltd (“New-Tailun”), Ever-Glory International Group Apparel Inc.(“Ever-Glory Apparel”), Chuzhou Huirui Garments Co. Ltd. (“Huirui”) and Nanjing Tai Xin Garments Trading Company Limited (“Tai Xin”), and the Company’s wholly-owned Samoa subsidiary, Ever-Glory International Group (HK) Ltd. (“Ever-Glory HK”). The Company’s retail operations are provided through its wholly- owned subsidiaries, Shanghai LA GO GO Fashion Company Limited (“Shanghai LA GO GO”), Jiangsu LA GO GO Fashion Company Limited (“Jiangsu LA GO GO”), Tianjin LA GO GO Fashion Company Limited (“Tianjin LA GO GO”), Shanghai Ya Lan Fashion Company Limited (“Ya Lan”), Xizang He Meida Trading Company Limited (“He Meida”) and 78% owned Shanghai Yiduo Fashion Company Limited (“Shanghai Yiduo”). On June 26, 2014, Shanghai LA GO GO entered into a contract with Shanghai Yiduo Fashion Company Limited (“Shanghai Yiduo”) to acquire 78% of the shares of Shanghai Yiduo for $0.75 million (RMB4.6 million). The last $0.08 million was paid by the Company to Shanghai Yiduo on March 27, 2015 when Shanghai Yiduo collected all the accounts receivable from Mecox Lane. The Company gained effective control of Shanghai Yiduo by the end of March 2015 and Shanghai Yiduo was consolidated on March 31, 2015. Management made a preliminary valuation of Shanghai Yiduo, including the value of the designer team and other marketing related intangibles and recorded $852,925 as intangible assets in the consolidated balance sheet as of March 31, 2015. During the three months ended June 30, 2015, the Company made a $1,062,800 (RMB6.5 million) capital contribution to Shanghai Yiduo as required by the acquisition agreement. As a result, the value of Shanghai Yiduo recorded as intangible assets, and the non-controlling interest increased by $232,947. Management believes that the acquisition will improve the Company’s design and product development ability. In the opinion of management, the accompanying unaudited condensed consolidated financial statements of the Company and its subsidiaries contain all adjustments, consisting of normal recurring adjustments, considered necessary for a fair presentation of the condensed consolidated balance sheet as of September 30, 2015, the condensed consolidated statements of comprehensive income for the three and nine months ended September 30, 2015 and 2014, and the condensed consolidated statements of cash flows for the nine months ended September 30, 2015 and 2014. The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial information and the instructions to Rule 10-01 of Regulation S-X of the Securities and Exchange Commission (the “SEC”). Accordingly, they have been condensed and do not include all of the information and footnotes required by GAAP for completed consolidated financial statements. Wholesale revenues are generally higher in the third and fourth fiscal quarters, while retail revenues are generally higher in the first and fourth fiscal quarters. The results of operations for the three and nine months ended September 30, 2015 are not necessarily indicative of the results of operations to be expected for the full fiscal year. These condensed consolidated financial statements should be read in conjunction with the Company’s Annual Report on Form 10-K for the year ended December 31, 2014, and Form 10-Q for the three and nine months ended September 30, 2014.

Significant Accounting Policies

Significant Accounting Policies	9 Months Ended
	Sep. 30, 2015
Significant Accounting Policies [Abstract]
SIGNIFICANT ACCOUNTING POLICIES	NOTE 2 SIGNIFICANT ACCOUNTING POLICIES Financial Instruments Management has estimated that the carrying amounts of non-related party financial instruments approximate their fair values due to their short-term maturities. The fair value of amounts due from (to) related parties is not practicable to estimate due to the related party nature of the underlying transactions. Accounts Receivable The Company extends unsecured credit to its customers in the ordinary course of business but mitigates the associated risks by performing credit checks and actively pursuing past due accounts. An allowance for doubtful accounts is established and recorded based on management’s assessment of the credit history of its customers and current relationships with them. The Company writes off accounts receivable when amounts are deemed uncollectible. Fair Value Accounting Accounting Standards Codification (“ASC”) 820 “ Fair Value Measurements and Disclosures Level 1 Unadjusted quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities; Level 2 Quoted prices in markets that are not active, or inputs that are observable, either directly or indirectly, for substantially the full term of the asset or liability; Level 3 Prices or valuation techniques that require inputs that are both significant to the fair value measurement and unobservable (supported by little or no market activity). At September 30, 2015, the Company’s financial assets (all Level 1) consist of cash placed with financial institutions that management considers to be of a high quality. At December 31, 2014, the Company had an outstanding forward foreign exchange option contract subject to recurring fair value measurement (Level 3) with the change in fair value recognized in earnings (Note 5). Foreign Currency Translation and Other Comprehensive Income The reporting currency of the Company is the U.S. dollar. The functional currency of Ever-Glory, Perfect Dream and Ever-Glory HK is the U.S. dollar. The functional currency of Goldenway, New Tailun, Catch-luck, Ever-Glory Apparel, Shanghai LA GO GO, Jiangsu LA GO GO, Tianjin LA GO GO, Shanghai Yiduo, Ya Lan, He Meida, Huirui and Taixin is the Chinese RMB. For subsidiaries whose functional currency is the RMB, all assets and liabilities were translated at the exchange rate at the balance sheet date; equity was translated at historical rates and items in the statement of comprehensive income were translated at the average rate for the period. Translation adjustments resulting from this process are included in accumulated other comprehensive income. The resulting translation gains and losses that arise from exchange rate fluctuations on transactions denominated in a currency other than the functional currency are included in the results of operations as incurred. Items in the cash flow statement are translated at the average exchange rate for the period. Recently Issued Accounting Pronouncements In May 2014, the Financial Accounting Standards Board (“FASB”) issued ASU No. 2014-09, Revenue from Contracts from Customers In September 2015, FASB issued ASU No. 2015-16 “Business Combinations (Topic 805): Simplifying the Accounting for Measurement-Period Adjustments”. The amendments in ASU 2015-16 require that an acquirer recognize adjustments to provisional amounts that are identified during the measurement period in the reporting period in which the adjustment amounts are determined. The amendments are effective for fiscal years beginning after December 15, 2015, including interim periods within those fiscal years. The amendments should be applied prospectively to adjustments to provisional amounts that occur after the effective date of this update with earlier application permitted for financial statements that have not been issued. The Company assessed that there is no significant impact to the financial statements on this update. The Company reviews new accounting standards as issued. Management has not identified any other new standards that it believes will have a significant impact on the Company’s condensed consolidated financial statements.

Inventories

Inventories	9 Months Ended
	Sep. 30, 2015
Inventories [Abstract]
INVENTORIES	NOTE 3 INVENTORIES Inventories at September 30, 2015 and December 31, 2014 consisted of the following: September 30, 2015 December 31, Raw materials $ 2,822,234 $ 2,779,719 Work-in-progress 23,366,461 15,197,489 Finished goods 67,221,533 69,168,169 93,410,228 87,145,377 Less: allowance for obsolete inventories (16,178,572 ) (16,875,164 ) Total inventories $ 77,231,656 $ 70,270,213

Bank Loans

Bank Loans	9 Months Ended
	Sep. 30, 2015
Bank Loans [Abstract]
BANK LOANS	NOTE 4 BANK LOANS Bank loans represent amounts due to various banks and are generally due on demand or within one year. These loans can be renewed with the banks. Bank loans consisted of the following at September 30, 2015 and December 31, 2014: Bank September 30, December 31, Nanjing Bank $ 13,949,359 $ 17,357,412 Industrial and Commercial Bank of China 12,552,000 11,375,000 HSBC 9,576,997 6,766,960 China Everbright Bank 6,031,863 - Pin An Bank 3,244,148 3,867,605 Bank of Communications 3,138,000 13,021,612 China Citic Bank 2,824,200 - China Minsheng Banking - 3,250,000 Shanghai Pudong Development Bank - 3,250,000 Bank of China - 1,328,361 $ 51,316,567 $ 60,216,950 In June 2014, Goldenway entered into a line of credit agreement with Nanjing Bank, which allows the Company to borrow up to approximately $7.85 million (RMB50 million). These loans are guaranteed by Mr. Kang and Jiangsu Ever-Glory International Group Corp. (“Jiangsu Ever-Glory”), an entity controlled by Mr. Kang, the Company’s Chairman and Chief Executive Officer. These loans are also collateralized by the Company’s property and equipment. As of September 30, 2015, Goldenway had borrowed $3.14 million (RMB20 million) under this line of credit with an annual interest rate of 6.1% and due on various dates from Jan to March 2016. At September 30, 2015, approximately $4.71 million was unused and available under this line of credit. In July 2015, Ever-Glory Apparel entered into a line of credit agreement for approximately $9.41 million (RMB60 million) with Nanjing Bank and guaranteed by Jiangsu Ever-Glory, Mr. Kang and Goldenway. As of September 30, 2015, Ever-Glory Apparel had borrowed $3.14 million (RMB20 million) from Nanjing Bank with annual interest rates ranging from 5.5% to 6.1% and due on various dates from November to December 2015. Ever-Glory Apparel had also borrowed $6.10 million from Nanjing Bank with annual interest rate of 1.7% and due on various dates from October to December 2015, and collateralized by approximately $7.6 million of accounts receivable from wholesale customers. At September 30, 2015, approximately $0.17 million was unused and available under this line of credit. In July 2014, LA GO GO entered into a revolving line of credit agreement with Nanjing Bank, which allows the Company to borrow up to approximately $3.14 million (RMB20 million). The line of credit is guaranteed by Mr. Kang and Goldenway. As of September 30, 2015, LA GO GO had borrowed $1.57 million (RMB10 million) under this line of credit with an annual interest rate of 5.9% and due in January 2016. At September 30, 2015, approximately $1.57 million (RMB10 million) was unused and available under this line of credit. In January 2014, Goldenway entered into a line of credit agreement with Industrial and Commercial Bank of China, which allows the Company to borrow up to approximately $9.41 million (RMB60 million). These loans are collateralized by the Company’s property and equipment. As of September 30, 2015, Goldenway had borrowed $6.28 million (RMB40 million) under this line of credit with an annual interest rates ranging from 5.5% - 5.8% and due on various dates from November 2015 to February 2016. At September 30, 2015, approximately $3.13 million was unused and available under this line of credit. In September 2015, Ever-Glory Apparel entered into a line of credit agreement for approximately $18.83 million (RMB120 million) with Industrial and Commercial Bank of China and collateralized by assets of Jiangsu Ever-Glory’s equity investee, Nanjing Knitting, under a collateral agreement executed among the Company, Nanjing Knitting and the bank. As of September 30, 2015, Ever-Glory Apparel had borrowed $6.28 million (RMB 40 million) under this line of credit with an annual interest rates ranging from 5.1% - 5.4% and due on various dates from October to December 2015. At September 30, 2015, approximately $12.55 million was unused and available under this line of credit. In January 2015, Ever-Glory Apparel and Goldenway collectively entered into a secured banking facility agreement for a combined revolving import facility, letter of credit, invoice financing facilities and a credit line for treasury products of up to $12.57 million with the Nanjing Branch of HSBC (China) Company Limited (“HSBC”). This agreement is guaranteed by the Company and Mr. Kang. As of September 30, 2015, Ever-Glory Apparel had borrowed $9.58 million from HSBC with an annual interest rate of 5.8%, due in December 2015, and collateralized by approximately $11.9 million of accounts receivable from wholesale customers. These bank loans are to be repaid upon receipt of payments from customers. At September 30, 2015, approximately $2.99 million was unused and available under this line of credit. In July 2015, Ever-Glory Apparel entered into a line of credit agreement for approximately $6.28 million (RMB40 million) with China Everbright Bank and guaranteed by Goldenway and Mr. Kang. These loans are also collateralized by Jiangsu Ever-Glory’s property. As of September 30, 2015, Ever-Glory Apparel had borrowed $6.03 million under this line of credit with an annual interest rates ranging from 4.0% - 4.8% and due on various dates from October 2015 to Jan 2016, and collateralized by approximately $7.5 million of accounts receivable from wholesale customers. In July 2015, Ever-Glory Apparel entered into a line of credit agreement for approximately $9.41 million (RMB60 million) with Ping An Bank. As of September 30, 2015, Ever-Glory Apparel had borrowed $3.24 million from Ping An Bank, with annual interest rates ranging from 4.83% to 5.6% and due on various dates from November 2015 to August 2016, and collateralized by approximately $3.33 million of accounts receivable from wholesale customers. At September 30, 2015, approximately $6.17 million was unused and available under this line of credit. In July 2013, LA GO GO entered into a line of credit agreement for approximately $5.18 million (RMB33 million) with the Bank of Communications and guaranteed by Jiangsu Ever-Glory, Ever-Glory Apparel and Mr. Kang. As of September 30, 2015, LA GO GO had borrowed $3.14 million (RMB20 million) from the Bank of Communications with annual interest rate at 5.3% and due on various dates from June to August 2016. At September 30, 2015, approximately $2.04 million was unused and available under this line of credit. In December 2014, LA GO GO entered into a line of credit agreement for approximately $5.65 million (RMB36 million) with the China Citic Bank and guaranteed by Jiangsu Ever-Glory, Ever-Glory Apparel and Mr. Kang. As of September 30, 2015, LA GO GO had borrowed $2.82 million (RMB 18.0 million) from the China Citic Bank with annual interest rate of 5.88% and due on various dates from December 2015 to September 2016. At September 30, 2015, approximately $2.83 million was unused and available under this line of credit. All loans have been repaid before or at maturity date. Total interest expense on bank loans amounted to $571,883, $2,064,170, $914,480, $2,396,288 for the three and nine months ended September 30, 2015 and 2014, respectively.

Derivatives Liability

Derivatives Liability	9 Months Ended
	Sep. 30, 2015
Derivatives Liability [Abstract]
DERIVATIVES LIABILITY	NOTE 5 DERIVATIVES LIABILITY In October 2014, we entered into a forward foreign exchange option contract (sell EUR dollars for RMB), with a notional amount of EUR $60,000, that expired in March 2015. The fair value of this contract at December 31, 2014 was not significant.

Income Tax

Income Tax	9 Months Ended
	Sep. 30, 2015
Income Tax [Abstract]
INCOME TAX	NOTE 6 INCOME TAX The Company’s operating subsidiaries are governed by the Income Tax Law of the PRC concerning Foreign Investment Enterprises and Foreign Enterprises and various local income tax laws (“the Income Tax Laws”). All PRC subsidiaries, except for He Meida, are subject to income tax at the 25% statutory rate. He Meida incorporated in Xizang (Tibet) Autonomous Region is subject to income tax at 15% statutory rate. The local government has implemented an income tax reduction from 15% to 9% valid through December 31, 2017. Perfect Dream was incorporated in the British Virgin Islands (BVI), and under the current laws of the BVI dividends and capital gains arising from the Company’s investments in the BVI are not subject to income taxes. Ever-Glory HK was incorporated in Samoa, and under the current laws of Samoa has no liabilities for income taxes. Although the Company’s parent entity is a US entity, the Company’s primary operations are through subsidiaries located in China, certain apparel manufacturing is performed outside of China in Southeast Asia, and sales are made globally. Therefore, the Company uses significant judgment to calculate and provide for income taxes in each of the tax jurisdictions in which it operates. In the ordinary course of the Company’s business, there are transactions and calculations undertaken whose ultimate tax outcome cannot be certain. Some of these uncertainties arise as a consequence of transfer pricing for transactions with the Company’s subsidiaries, potential challenges to nexus, value added estimates, and similar matters. In September 2009, the Company formed its subsidiary, Ever-Glory HK, domiciled in Samoa, in order to engage in certain limited import and export of apparel, fabric and accessories, as well as to efficiently address currency exchange matters with international transactions. Over the past few years, the operational matters handled by this subsidiary have expanded with respect to sub-contracting of certain manufacturing work outside of China, as well as to other operational matters with non-PRC customers and vendors. Additionally, over this time period, tax guidance, rules and positions taken by the PRC with respect to transfer pricing issues have evolved, and in certain cases, become more standardized. As part of the Company’s on-going process of evaluating our tax positions, the Company considered various factors as they relate to its Samoan subsidiary and as related to intercompany transactions. This evaluation resulted in a change in the Company’s estimate of exposure to potential unfavorable outcomes related to these uncertainties, and the Company recorded a tax liability of approximately $3,186,000 as of December 31, 2013 based on the probability for such outcomes. The Company and the PRC Tax Bureau have agreed that payments on the tax liability $ 3,186,000 will be made by the Company prospectively over the next two to three years period. Approximately $487,319 was paid as of September 30, 2015. Beginning January 1, 2014, all net income generated from Ever-Glory HK has been reported as a taxable income at 25% tax rate in PRC. The PRC’s Enterprise Income Tax Law imposes a 10% withholding income tax for dividends distributed by a foreign invested enterprise in PRC to its immediate holding company outside China; such distributions were exempted under the previous income tax law and regulations. A lower withholding tax rate will be applied if there is a tax treaty arrangement between mainland China and the jurisdiction of the foreign holding company. The foreign invested enterprise became subject to the withholding tax starting from January 1, 2008. Given that the undistributed profits of the Company's subsidiaries in China are intended to be retained in China for business development and expansion purposes, no withholding tax accrual has been made. The pre-tax income for the three and nine months ended September 30, 2015 and 2014 was taxable in the following jurisdictions: Three months ended Nine months ended September 30, September 30, 2015 2014 2015 2014 PRC $ 3,793,055 $ 6,782,398 $ 12,006,319 $ 17,495,879 BVI - (42,144 ) (90,999 ) (67,079 ) Others (2,500 ) 2,459 (7,500 ) (7,541 ) 　 $ 3,790,555 $ 6,742,713 $ 11,907,820 $ 17,421,259 The following table reconciles the PRC statutory rates to the Company’s effective tax rate for the three and nine months ended September 30, 2015 and 2014, respectively: Three months ended Nine months ended September 30, September 30, 2015 2014 2015 2014 PRC statutory rate 25.0 % 25.0 % 25.0 % 25.0 % Preferential tax treatment - (2.3 ) (0.3 ) (0.9 ) Effect of foreign income tax rates - 0.2 0.2 0.1 Other 3.1 0.9 2.6 0.9 Effective income tax rate 28.1 % 23.8 % 27.5 % 25.1 % Income tax expense for the three and nine months ended September 30, 2015 and 2014 is as follows: Three months ended Nine months ended September 30, September 30, 2015 2014 2015 2014 Current $ 3,047,787 $ 1,736,690 $ 5,232,189 $ 6,952,708 Deferred (1,981,841 ) (130,675 ) (1,962,279 ) (2,588,019 ) Income tax expense $ 1,065,946 $ 1,606,015 $ 3,269,910 $ 4,364,689 The Company has not recorded U.S. deferred income taxes of approximately $76,464,975 of its non-U.S. subsidiaries’ undistributed earnings because such amounts are intended to be reinvested outside the United States indefinitely. If these earnings were repatriated to the United States, the Company would be required to accrue and pay U.S. federal income taxes and foreign withholding taxes, as adjusted for foreign tax credits. Determination of the amount of any unrecognized deferred income tax liability on these earnings is not practicable.

Earnings Per Share

Earnings Per Share	9 Months Ended
	Sep. 30, 2015
Earnings Per Share [Abstract]
EARNINGS PER SHARE	NOTE 7 EARNINGS PER SHARE The following demonstrates the calculation for earnings per share for the Company’s stockholders for the three and nine months ended September 30, 2015 and 2014: Three months ended Nine months ended September 30, September 30, 2015 2014 2015 2014 Weighted average number of common shares – Basic and diluted 14,785,309 14,782,668 14,784,503 14,781,722 Earnings per share – Basic and diluted $ 0.19 $ 0.35 $ 0.60 $ 0.88

Stockholders' Equity

Stockholders' Equity	9 Months Ended
	Sep. 30, 2015
Stockholders' Equity [Abstract]
STOCKHOLDERS' EQUITY	NOTE 8 STOCKHOLDERS’ EQUITY On August 15, 2014, the Company issued an aggregate of 2,055 shares of its common stock to three of the Company’s independent directors as compensation for their services in the third and fourth quarters of 2013. The shares were valued at $4.91 per share, which was the average market price of the common stock for the five days before the grant date. On August 15, 2014, the Company issued an aggregate of 798 shares of its common stock to two of the Company’s independent directors as compensation for their services in the first and second quarters of 2014. The shares were valued at $6.22 per share, which was the average market price of the common stock for the five days before the grant date. On July 29, 2015, the Company issued an aggregate of 854 shares of its common stock to three of the Company’s independent directors as compensation for their services in the third and fourth quarters of 2014. The shares were valued at $5.91 per share, which was the average market price of the common stock for the five days before the grant date. On July 29, 2015, the Company issued an aggregate of 920 shares of its common stock to two of the Company’s independent directors as compensation for their services in the first and second quarters of 2015. The shares were valued at $5.39 per share, which was the average market price of the common stock for the five days before the grant date.

Related Party Transactions

Related Party Transactions	9 Months Ended
	Sep. 30, 2015
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	NOTE 9 RELATED PARTY TRANSACTIONS Mr. Kang is the Company’s Chairman and Chief Executive Officer. Ever-Glory Enterprises (HK) Ltd. (Ever-Glory Enterprises) is the Company’s major shareholder. Mr. Xiaodong Yan was Ever-Glory Enterprises’ sole shareholder and sole director. Mr. Huake Kang, Mr. Kang’s son, acquired 83% interest of Ever-Glory Enterprises and became its sole director in 2014. All transactions associated with the following companies controlled by Mr. Kang or his son are considered to be related party transactions, and it is possible that the terms of these transactions may not be the same as those that would result from transactions between unrelated parties. All related party outstanding balances are short-tem in nature and are expected to be settled in cash. Other income from Related Parties JiangsuWubijia trading company limited (“JiangsuWubijia”) is an entity engaged in high-grade home goods sales and is controlled by Mr. Kang. JiangsuWubijia has sold their home goods on consignment in some Company’s retail stores since the third quarter of 2014. During three months ended September 30, 2014, the Company received other income $11,175 from the customers and paid $8,965 to Wubijia through the consignment, respectively. During the three and nine months ended September 30, 2015, the Company received other income $14,065 and $23,851 from the customers and paid $11,283 and $20,383 to Wubijia through the consignment, respectively. The net profit of $2,782 and $3,468 was recorded as other income during three and nine months ended September 30, 2015, respectively. Nanjing Knitting company limited (“Nanjing Knitting”) is an entity engaged in knitted fabric products and knitting underwear sales and is controlled by Mr. Kang. Nanjing Knitting has sold their knitting underwear on consignment in some Company’s retail stores since the third quarter of 2015. During the three months ended September 30, 2015, the Company received other income $52,945 from the customers and paid $42,770 to Nanjing Knitting through the consignment, respectively. The net profit of $10,175 was recorded as other income during three months ended September 30, 2015. Other expenses due to Related Parties Included in other expenses for the three and nine months ended September 30, 2015 and 2014 are rent costs due to entities controlled by Mr. Kang under operating lease agreements as follows: Three months ended Nine months ended September 30, September 30, 2015 2014 2015 2014 Jiangsu Ever-Glory $ 12,505 $ 12,717 $ 38,080 $ 38,277 Chuzhou huarui 181,913 - 181,913 - Kunshan Enjin 11,902 10,465 36,244 31,525 Total $ 206,320 $ 23,182 $ 256,237 $ 69,802 The Company leases Jiangsu Ever-Glory's factory as the factory is in a location where there is a good supply of experienced workers. The Company leases Chuzhou huarui and Kunshan Enjin's warehouse space because the location is convenient for transportation and distribution. Purchases from, and Sub-contracts with Related Parties For the three and nine months ended September 30, 2015 and 2014, the Company purchased raw materials of $70,925, $756,768, $730,413, $1,614,483, respectively, from Nanjing Knitting. In addition, the Company provided raw materials to the sub-contractors and was charged a fixed fee for labor provided by the sub-contractors. Sub-contracts with related parties included in cost of sales for the three and nine months ended September 30, 2015 and 2014 are as follows: Three Months Ended Nine Months Ended 2015 2014 2015 2014 Chuzhou huarui $ 785,980 $ - $ 3,278,891 $ - Fengyang huarui 513,826 - 1,249,661 - Nanjing Ever-Kyowa 227,376 405,957 813,959 1,267,927 Ever-Glory Vietnam 2,366,881 2,370,471 7,254,631 7,335,355 Ever-Glory Cambodia 1,189,563 1,628,047 1,561,624 4,585,237 EsCeLav 20,357 - 22,366 - Shanghai Weiwen - 102,462 - 1,605,247 Shanghai Sea to Sky - 161,369 258,741 539,162 Jiangsu Ever-Glory 35,260 23,962 61,171 49,246 $ 5,139,243 $ 4,692,268 $ 14,501,044 $ 15,382,174 Accounts Payable – Related Parties Accounts payable to related parties at September 30, 2015 and December 31, 2014 are as follows: September 30, 2015 December 31, Fengyang huarui $ - 622,060 Ever-Glory Vietnam 477,682 1,883,556 Nanjing Ever-Kyowa 454,835 479,032 Chuzhou huarui 368,424 414,583 Nanjing Knitting - 199,766 JiangsuWubijia 8,798 5,460 EsCeLav 6,998 - Ever-Glory Cambodia 230,606 291,121 Total $ 1,547,343 $ 3,895,578 Amounts Due From Related Parties The amounts due from related parties at September 30, 2015 and December 31, 2014 are as follows: September 30, 2015 December 31, 2014 Nanjing Eight-One-Five Hi-tech (M&E) Co., Ltd. $ - $ 20,558 Fengyang huarui 106,952 - Sea to sky - 48,750 Nanjing Knitting 88,613 - Jiangsu Ever-Glory 177,567 1,582,679 Total $ 373,132 $ 1,651,987 The Company had prepaid $88,613 and $106,952 to the sub-contractors, Nanjing Knitting and Fengyang huarui, respectively, for the next period’s subcontracting fees. Jiangsu Ever-Glory is an entity engaged in importing/exporting, apparel-manufacture, real-estate development, car sales and other activities. Jiangsu Ever-Glory is controlled by Mr. Kang. During nine months ended September 30, 2015 and 2014, the Company and Jiangsu Ever-Glory purchased raw materials on behalf of each other in order to obtain cheaper purchase prices. The Company purchased raw materials on Jiangsu Ever-Glory’s behalf and sold to Jiangsu Ever-Glory at cost for $3.9 million and $1.1 million during the nine month period ended September 30, 2015 and 2014, respectively. Jiangsu Ever-Glory purchased raw materials on the Company’s behalf and sold to the Company at cost for $61,171 and $19,221 during the nine months ended September 30, 2015 and 2014, respectively. Amounts Due From Related Party under Counter Guarantee Agreement In March 2012, in consideration of the guarantees and collateral provided by Jiangsu Ever-Glory and Nanjing Knitting, the Company agreed to provide Jiangsu Ever-Glory a counter guarantee in the form of cash of not less than 70% of the maximum aggregate lines of credit obtained by the Company. Jiangsu Ever-Glory is obligated to return the full amount of the counter-guarantee funds provided upon expiration or termination of the underlying lines of credit and is to pay annual interest at the rate of 6.0% of amounts provided. As of September 30, 2015 and December 31, 2014, Jiangsu Ever-Glory has provided guarantees for approximately $53.19 million (RMB 339 million) and $40.62 million (RMB 250 million) of lines of credit obtained by the Company. Jiangsu Ever-Glory and Nanjing Knitting have also provided their assets as collateral for certain of these lines of credit. The value of the collateral, as per appraisals obtained by the banks in connection with these lines of credit is approximately $23.3 million (RMB 148 million) and $22.3 million (RMB 136 million) as of September 30, 2015 and December 31, 2014. Mr. Kang has also provided a personal guarantee for $37.5 million (RMB 239 million). At December 31, 2014, $17.36 million (RMB 107 million) was outstanding due from Jiangsu Ever-Glory under the counter guarantee agreement. During the nine months ended September 30, 2015, an additional US$3.01 million (RMB19.2 million) was provided to and repayment of $2.35 million (RMB 15 million) was received from Jiangsu Ever-Glory under the counter-guarantee. As of September 30, 2015, the amount of the counter-guarantee was $17.4 million (RMB 111.0 million) (the difference represents currency exchange adjustment of $0.62 million), which was 32.8% of the aggregate amount of lines of credit. This amount plus accrued interest of $2.72 million have been classified as a reduction of equity, consistent with the guidance of SEC Staff Accounting Bulletins 4E and 4G. At September 30, 2015 and December 31, 2014, the amount classified as a reduction of equity was $20.15 million and $19.42 million, respectively. Interest of 0.5% is charged on net amounts due from Jiangsu Ever-Glory at each month end. From April 1, 2015, interest rate change to 0.41% as the bank benchmark interest rate decreased. Interest income for the three and nine months ended September 30, 2015 and 2014 was approximately $0.2 million, $0.7 million, $0.3 million and $0.9 million, respectively.

Concentrations and Risks

Concentrations and Risks	9 Months Ended
	Sep. 30, 2015
Concentrations and Risks [Abstract]
CONCENTRATIONS AND RISKS	NOTE 10 CONCENTRATIONS AND RISKS The Company extends unsecured credit to its customers in the normal course of business and generally does not require collateral. As a result, management performs ongoing credit evaluations, and the Company maintains an allowance for potential credit losses based upon its loss history and its aging analysis. Based on management’s assessment of the amount of probable credit losses, if any, in existing accounts receivable. The allowance for doubtful accounts at September 30, 2015 and December 31, 2014 was $1,727,918 and $1,787,282, respectively. Management reviews the allowance for doubtful accounts each reporting period based on a detailed analysis of accounts receivable. In the analysis, management primarily considers the age of the customer’s receivable and also considers the credit worthiness of the customer, the economic conditions in the customer’s industry, and general economic conditions and trends, among other factors. If any of these factors change, the Company may also change its original estimates, which could impact the level of the Company’s future allowance for doubtful accounts. If judgments regarding the collectability of accounts receivables are incorrect, adjustments to the allowance may be required, which would reduce profitability. For the nine-month period ended September 30, 2015, the Company had one wholesale customer that represented approximately 11% of the Company’s revenues. For the three-month period ended September 30, 2015, the Company had one wholesale customer that represented approximately 16% of the Company’s revenues. For the nine-month period ended September 30, 2014, the Company had one wholesale customer that represented approximately 10% of the Company’s revenues, and one customer represented more than 10% of the Company’s revenues for the three-month period ended September 30, 2014. For the Company’s wholesale business during the three and nine months ended September 30, 2015 and 2014, no supplier represented more than 10% of the total raw materials purchased. For the Company’s retail business, the Company had no supplier that represented more than 10% of raw materials purchases during the three and nine months ended September 30, 2015 and 2014. For the wholesale business, during the nine months ended September 30, 2015, the Company relied on one manufacturer for 19.5% of purchased finished goods. For the wholesale business, during the nine months ended September 30, 2014, the Company relied on one manufacturer for 14% of purchased finished goods. During the three months ended September 30, 2015, the Company relied on one manufacturer for 15% of purchased finished goods. During the three months ended September 30, 2014, the Company relied on one manufacturer for 11% of purchased finished goods. For the retail business, the Company had no supplier that represented more than 10% of finished goods purchases during the three and nine months ended September 30, 2015. The Company had no supplier that represented more than 10% of finished goods purchases during the three and nine months ended September 30, 2014. The Company’s revenues for the three and nine months ended September 30, 2015 and 2014 were earned in the following geographic areas: Three months ended Nine months ended 2015 2014 2015 2014 The People’s Republic of China $ 33,397,435 $ 34,637,418 $ 61,704,923 $ 62,164,662 Germany 3,147,247 9,134,418 10,414,417 20,958,370 United Kingdom 6,811,289 6,708,804 13,792,005 18,351,165 Europe-Other 14,043,852 18,316,496 22,742,582 26,833,816 Japan 5,424,737 6,175,302 11,288,601 14,850,015 United States 8,495,575 5,079,986 14,443,572 12,730,466 Total wholesale business 71,320,135 80,052,424 134,386,100 155,888,494 Retail business 47,281,072 59,896,901 157,845,067 175,743,780 Total $ 118,601,207 $ 139,949,325 $ 292,231,167 $ 331,632,274

Segments

Segments	9 Months Ended
	Sep. 30, 2015
Segments [Abstract]
SEGMENTS	NOTE 11 SEGMENTS The Company reports financial and operating information in the following two segments: (a) Wholesale segment (b) Retail segment Wholesale Retail Total Nine months ended September 30, 2015 Segment profit or loss: Net revenue from external customers $ 134,386,100 $ 157,845,067 $ 292,231,167 Income from operations $ 6,469,137 $ 5,638,085 $ 12,107,222 Interest income $ 690,697 $ 60,192 $ 750,889 Interest expense $ 1,559,896 $ 504,274 $ 2,064,170 Depreciation and amortization $ 849,328 $ 5,976,310 $ 6,825,638 Income tax expense $ 1,447,905 $ 1,822,005 $ 3,269,910 　 　 　 Nine months ended September 30, 2014 　 　 　 Segment profit or loss: 　 　 　 Net revenue from external customers $ 155,888,494 $ 175,743,780 $ 331,632,274 Income from operations $ 8,302,107 $ 8,692,420 $ 16,994,527 Interest income $ 866,099 $ 38,679 $ 904,778 Interest expense $ 1,971,165 $ 425,123 $ 2,396,288 Depreciation and amortization $ 774,220 $ 4,555,932 $ 5,330,152 Income tax expense $ 1,902,965 $ 2,461,724 $ 4,364,689 Wholesale Retail Total Three months ended September 30, 2015 Segment profit or loss: Net revenue from external customers $ 71,320,135 $ 47,281,072 $ 118,601,207 Income from operations $ 2,884,445 $ 924,677 $ 3,809,122 Interest income $ 189,517 $ 22,617 $ 212,134 Interest expense $ 443,301 $ 128,582 $ 571,883 Depreciation and amortization $ 252,016 $ 1,895,396 $ 2,147,412 Income tax expense $ 576,942 $ 489,004 $ 1,065,946 　 　 　 Three months ended September 30, 2014 　 　 　 Segment profit or loss: 　 　 　 Net revenue from external customers $ 80,052,424 $ 59,896,901 $ 139,949,325 Income from operations $ 4,347,676 $ 1,976,467 $ 6,324,143 Interest income $ 314,834 $ 12,197 $ 327,031 Interest expense $ 771,547 $ 142,933 $ 914,480 Depreciation and amortization $ 258,447 $ 1,609,577 $ 1,868,024 Income tax expense $ 956,847 $ 649,168 $ 1,606,015

Significant Accounting Polici17

Significant Accounting Policies (Policies)	9 Months Ended
	Sep. 30, 2015
Significant Accounting Policies [Abstract]
Financial Instruments	Financial Instruments Management has estimated that the carrying amounts of non-related party financial instruments approximate their fair values due to their short-term maturities. The fair value of amounts due from (to) related parties is not practicable to estimate due to the related party nature of the underlying transactions.
Accounts receivable	Accounts Receivable The Company extends unsecured credit to its customers in the ordinary course of business but mitigates the associated risks by performing credit checks and actively pursuing past due accounts. An allowance for doubtful accounts is established and recorded based on management’s assessment of the credit history of its customers and current relationships with them. The Company writes off accounts receivable when amounts are deemed uncollectible.
Fair Value Accounting	Fair Value Accounting Accounting Standards Codification (“ASC”) 820 “ Fair Value Measurements and Disclosures Level 1 Unadjusted quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities; Level 2 Quoted prices in markets that are not active, or inputs that are observable, either directly or indirectly, for substantially the full term of the asset or liability; Level 3 Prices or valuation techniques that require inputs that are both significant to the fair value measurement and unobservable (supported by little or no market activity). At September 30, 2015, the Company’s financial assets (all Level 1) consist of cash placed with financial institutions that management considers to be of a high quality. At December 31, 2014, the Company had an outstanding forward foreign exchange option contract subject to recurring fair value measurement (Level 3) with the change in fair value recognized in earnings (Note 5).
Foreign Currency Translation and Other Comprehensive Income	Foreign Currency Translation and Other Comprehensive Income The reporting currency of the Company is the U.S. dollar. The functional currency of Ever-Glory, Perfect Dream and Ever-Glory HK is the U.S. dollar. The functional currency of Goldenway, New Tailun, Catch-luck, Ever-Glory Apparel, Shanghai LA GO GO, Jiangsu LA GO GO, Tianjin LA GO GO, Shanghai Yiduo, Ya Lan, He Meida, Huirui and Taixin is the Chinese RMB. For subsidiaries whose functional currency is the RMB, all assets and liabilities were translated at the exchange rate at the balance sheet date; equity was translated at historical rates and items in the statement of comprehensive income were translated at the average rate for the period. Translation adjustments resulting from this process are included in accumulated other comprehensive income. The resulting translation gains and losses that arise from exchange rate fluctuations on transactions denominated in a currency other than the functional currency are included in the results of operations as incurred. Items in the cash flow statement are translated at the average exchange rate for the period.
Recently Issued Accounting Pronouncements	Recently Issued Accounting Pronouncements In May 2014, the Financial Accounting Standards Board (“FASB”) issued ASU No. 2014-09, Revenue from Contracts from Customers In September 2015, FASB issued ASU No. 2015-16 “Business Combinations (Topic 805): Simplifying the Accounting for Measurement-Period Adjustments”. The amendments in ASU 2015-16 require that an acquirer recognize adjustments to provisional amounts that are identified during the measurement period in the reporting period in which the adjustment amounts are determined. The amendments are effective for fiscal years beginning after December 15, 2015, including interim periods within those fiscal years. The amendments should be applied prospectively to adjustments to provisional amounts that occur after the effective date of this update with earlier application permitted for financial statements that have not been issued. The Company assessed that there is no significant impact to the financial statements on this update. The Company reviews new accounting standards as issued. Management has not identified any other new standards that it believes will have a significant impact on the Company’s condensed consolidated financial statements.

Inventories (Tables)

Inventories (Tables)	9 Months Ended
	Sep. 30, 2015
Inventories [Abstract]
Schedule of inventories	September 30, 2015 December 31, Raw materials $ 2,822,234 $ 2,779,719 Work-in-progress 23,366,461 15,197,489 Finished goods 67,221,533 69,168,169 93,410,228 87,145,377 Less: allowance for obsolete inventories (16,178,572 ) (16,875,164 ) Total inventories $ 77,231,656 $ 70,270,213

Bank Loans (Tables)

Bank Loans (Tables)	9 Months Ended
	Sep. 30, 2015
Bank Loans [Abstract]
Schedule of bank loans	Bank September 30, December 31, Nanjing Bank $ 13,949,359 $ 17,357,412 Industrial and Commercial Bank of China 12,552,000 11,375,000 HSBC 9,576,997 6,766,960 China Everbright Bank 6,031,863 - Pin An Bank 3,244,148 3,867,605 Bank of Communications 3,138,000 13,021,612 China Citic Bank 2,824,200 - China Minsheng Banking - 3,250,000 Shanghai Pudong Development Bank - 3,250,000 Bank of China - 1,328,361 $ 51,316,567 $ 60,216,950

Income Tax (Tables)

Income Tax (Tables)	9 Months Ended
	Sep. 30, 2015
Income Tax [Abstract]
Summary of pre-tax income in jurisdictions	Three months ended Nine months ended September 30, September 30, 2015 2014 2015 2014 PRC $ 3,793,055 $ 6,782,398 $ 12,006,319 $ 17,495,879 BVI - (42,144 ) (90,999 ) (67,079 ) Others (2,500 ) 2,459 (7,500 ) (7,541 ) 　 $ 3,790,555 $ 6,742,713 $ 11,907,820 $ 17,421,259
Summary of reconciliation of PRC statutory rates to the Company's effective tax rate	Three months ended Nine months ended September 30, September 30, 2015 2014 2015 2014 PRC statutory rate 25.0 % 25.0 % 25.0 % 25.0 % Preferential tax treatment - (2.3 ) (0.3 ) (0.9 ) Effect of foreign income tax rates - 0.2 0.2 0.1 Other 3.1 0.9 2.6 0.9 Effective income tax rate 28.1 % 23.8 % 27.5 % 25.1 %
Schedule of components of income tax expense	Three months ended Nine months ended September 30, September 30, 2015 2014 2015 2014 Current $ 3,047,787 $ 1,736,690 $ 5,232,189 $ 6,952,708 Deferred (1,981,841 ) (130,675 ) (1,962,279 ) (2,588,019 ) Income tax expense $ 1,065,946 $ 1,606,015 $ 3,269,910 $ 4,364,689

Earnings Per Share (Tables)

Earnings Per Share (Tables)	9 Months Ended
	Sep. 30, 2015
Earnings Per Share [Abstract]
Summary of Basic and diluted earnings per share	Three months ended Nine months ended September 30, September 30, 2015 2014 2015 2014 Weighted average number of common shares – Basic and diluted 14,785,309 14,782,668 14,784,503 14,781,722 Earnings per share – Basic and diluted $ 0.19 $ 0.35 $ 0.60 $ 0.88

Related Party Transactions (Tab

Related Party Transactions (Tables)	9 Months Ended
	Sep. 30, 2015
Related Party Transactions [Abstract]
Summary of other expenses due to related parties	Three months ended Nine months ended September 30, September 30, 2015 2014 2015 2014 Jiangsu Ever-Glory $ 12,505 $ 12,717 $ 38,080 $ 38,277 Chuzhou huarui 181,913 - 181,913 - Kunshan Enjin 11,902 10,465 36,244 31,525 Total $ 206,320 $ 23,182 $ 256,237 $ 69,802
Summary of sub-contracts with related parties	Three Months Ended Nine Months Ended 2015 2014 2015 2014 Chuzhou huarui $ 785,980 $ - $ 3,278,891 $ - Fengyang huarui 513,826 - 1,249,661 - Nanjing Ever-Kyowa 227,376 405,957 813,959 1,267,927 Ever-Glory Vietnam 2,366,881 2,370,471 7,254,631 7,335,355 Ever-Glory Cambodia 1,189,563 1,628,047 1,561,624 4,585,237 EsCeLav 20,357 - 22,366 - Shanghai Weiwen - 102,462 - 1,605,247 Shanghai Sea to Sky - 161,369 258,741 539,162 Jiangsu Ever-Glory 35,260 23,962 61,171 49,246 $ 5,139,243 $ 4,692,268 $ 14,501,044 $ 15,382,174
Summary of accounts payable - related parties	September 30, 2015 December 31, Fengyang huarui $ - 622,060 Ever-Glory Vietnam 477,682 1,883,556 Nanjing Ever-Kyowa 454,835 479,032 Chuzhou huarui 368,424 414,583 Nanjing Knitting - 199,766 JiangsuWubijia 8,798 5,460 EsCeLav 6,998 - Ever-Glory Cambodia 230,606 291,121 Total $ 1,547,343 $ 3,895,578
Summary of amounts due from related party	September 30, 2015 December 31, 2014 Nanjing Eight-One-Five Hi-tech (M&E) Co., Ltd. $ - $ 20,558 Fengyang huarui 106,952 - Sea to sky - 48,750 Nanjing Knitting 88,613 - Jiangsu Ever-Glory 177,567 1,582,679 Total $ 373,132 $ 1,651,987

Concentrations and Risks (Table

Concentrations and Risks (Tables)	9 Months Ended
	Sep. 30, 2015
Concentrations and Risks [Abstract]
Company's revenues as per geographic areas	Three months ended Nine months ended 2015 2014 2015 2014 The People’s Republic of China $ 33,397,435 $ 34,637,418 $ 61,704,923 $ 62,164,662 Germany 3,147,247 9,134,418 10,414,417 20,958,370 United Kingdom 6,811,289 6,708,804 13,792,005 18,351,165 Europe-Other 14,043,852 18,316,496 22,742,582 26,833,816 Japan 5,424,737 6,175,302 11,288,601 14,850,015 United States 8,495,575 5,079,986 14,443,572 12,730,466 Total wholesale business 71,320,135 80,052,424 134,386,100 155,888,494 Retail business 47,281,072 59,896,901 157,845,067 175,743,780 Total $ 118,601,207 $ 139,949,325 $ 292,231,167 $ 331,632,274

Segments (Tables)

Segments (Tables)	9 Months Ended
	Sep. 30, 2015
Segments [Abstract]
Company's financial and operating information	Wholesale Retail Total Nine months ended September 30, 2015 Segment profit or loss: Net revenue from external customers $ 134,386,100 $ 157,845,067 $ 292,231,167 Income from operations $ 6,469,137 $ 5,638,085 $ 12,107,222 Interest income $ 690,697 $ 60,192 $ 750,889 Interest expense $ 1,559,896 $ 504,274 $ 2,064,170 Depreciation and amortization $ 849,328 $ 5,976,310 $ 6,825,638 Income tax expense $ 1,447,905 $ 1,822,005 $ 3,269,910 　 　 　 Nine months ended September 30, 2014 　 　 　 Segment profit or loss: 　 　 　 Net revenue from external customers $ 155,888,494 $ 175,743,780 $ 331,632,274 Income from operations $ 8,302,107 $ 8,692,420 $ 16,994,527 Interest income $ 866,099 $ 38,679 $ 904,778 Interest expense $ 1,971,165 $ 425,123 $ 2,396,288 Depreciation and amortization $ 774,220 $ 4,555,932 $ 5,330,152 Income tax expense $ 1,902,965 $ 2,461,724 $ 4,364,689 Wholesale Retail Total Three months ended September 30, 2015 Segment profit or loss: Net revenue from external customers $ 71,320,135 $ 47,281,072 $ 118,601,207 Income from operations $ 2,884,445 $ 924,677 $ 3,809,122 Interest income $ 189,517 $ 22,617 $ 212,134 Interest expense $ 443,301 $ 128,582 $ 571,883 Depreciation and amortization $ 252,016 $ 1,895,396 $ 2,147,412 Income tax expense $ 576,942 $ 489,004 $ 1,065,946 　 　 　 Three months ended September 30, 2014 　 　 　 Segment profit or loss: 　 　 　 Net revenue from external customers $ 80,052,424 $ 59,896,901 $ 139,949,325 Income from operations $ 4,347,676 $ 1,976,467 $ 6,324,143 Interest income $ 314,834 $ 12,197 $ 327,031 Interest expense $ 771,547 $ 142,933 $ 914,480 Depreciation and amortization $ 258,447 $ 1,609,577 $ 1,868,024 Income tax expense $ 956,847 $ 649,168 $ 1,606,015

Summary of Business and Basis25

Summary of Business and Basis of Presentation (Details Textual) ¥ in Millions	Mar. 27, 2015USD ($)	Jun. 26, 2014USD ($)	Jun. 26, 2014CNY (¥)	Sep. 30, 2015USD ($)	Sep. 30, 2015CNY (¥)	Sep. 30, 2015USD ($)	Mar. 31, 2015USD ($)	Dec. 31, 2014USD ($)
Summary of Business and Basis of Presentation [Abstract]
Percentage of acquisition		78.00%	78.00%
Cash paid to Shanghai La Go Go		$ 750,000	¥ 4.6
Cash paid to Shanghai Yiduo	$ 80,000
Intangible assets				$ 6,345,191		$ 6,345,191	$ 852,925	$ 4,041,284
Capital contribution				$ 1,062,800	¥ 6.5
Increase in intangible assets, and the non-controlling interest						$ 232,947

Inventories (Details)

Inventories (Details) - USD ($)	Sep. 30, 2015	Dec. 31, 2014
Schedule of inventory
Raw materials	$ 2,822,234	$ 2,779,719
Work-in-progress	23,366,461	15,197,489
Finished goods	67,221,533	69,168,169
Inventory gross	93,410,228	87,145,377
Less: allowance for obsolete inventories	(16,178,572)	(16,875,164)
Total inventories	$ 77,231,656	$ 70,270,213

Bank Loans (Details)

Bank Loans (Details) - USD ($)	Sep. 30, 2015	Dec. 31, 2014
Schedule of bank loans
Bank loans	$ 51,316,567	$ 60,216,950
Nanjing Bank [Member]
Schedule of bank loans
Bank loans	13,949,359	17,357,412
Industrial and Commercial Bank of China [Member]
Schedule of bank loans
Bank loans	12,552,000	11,375,000
HSBC [Member]
Schedule of bank loans
Bank loans	9,576,997	$ 6,766,960
China Everbright Bank [Member]
Schedule of bank loans
Bank loans	6,031,863
Ping An Bank [Member]
Schedule of bank loans
Bank loans	3,244,148	$ 3,867,605
Bank of Communications [Member]
Schedule of bank loans
Bank loans	3,138,000	$ 13,021,612
China Citic Bank [Member]
Schedule of bank loans
Bank loans	$ 2,824,200
China Minsheng Banking [Member]
Schedule of bank loans
Bank loans		$ 3,250,000
Shanghai Pudong Development Bank [Member]
Schedule of bank loans
Bank loans		3,250,000
Bank of China [Member]
Schedule of bank loans
Bank loans		$ 1,328,361

Bank Loans (Details Textual)

Bank Loans (Details Textual) ¥ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2015USD ($)	Sep. 30, 2014USD ($)	Sep. 30, 2015USD ($)	Sep. 30, 2014USD ($)	Sep. 30, 2015CNY (¥)	Jul. 31, 2015USD ($)	Jul. 31, 2015CNY (¥)	Jan. 31, 2015USD ($)	Dec. 31, 2014USD ($)	Dec. 31, 2014CNY (¥)	Jul. 31, 2014USD ($)	Jul. 31, 2014CNY (¥)	Jun. 30, 2014USD ($)	Jun. 30, 2014CNY (¥)	Jan. 31, 2014USD ($)	Jan. 31, 2014CNY (¥)	Jul. 31, 2013USD ($)	Jul. 31, 2013CNY (¥)
Bank Loans (Textual)
Total interest expense	$ 571,883	$ 914,480	$ 2,064,170	$ 2,396,288
Nanjing Bank [Member] | Goldenway [Member]
Bank Loans (Textual)
Revolving line of credit agreement, maximum borrowing capacity													$ 7,850,000	¥ 50
Revolving line of credit agreement, amount borrowed	3,140,000		3,140,000		¥ 20
Revolving line of credit agreement, unused capacity	4,710,000		$ 4,710,000
Due date of additional borrowing			Jan to March 2016.
Line of credit interest rate on additional borrowing			6.10%
Nanjing Bank [Member] | Ever Glory Apparel [Member]
Bank Loans (Textual)
Revolving line of credit agreement, maximum borrowing capacity						$ 9,410,000	¥ 60
Revolving line of credit agreement, amount borrowed	3,140,000		$ 3,140,000		20
Revolving line of credit agreement, borrowed	6,100,000		$ 6,100,000
Due date of revolving line of credit agreement			November to December 2015.
Revolving line of credit agreement, unused capacity	170,000		$ 170,000
Due date of additional borrowing			October to December 2015
Line of credit interest rate on additional borrowing			1.70%
Revolving line of credit agreement, collateral amount			$ 7,600,000
Nanjing Bank [Member] | Ever Glory Apparel [Member] | Minimum [Member]
Bank Loans (Textual)
Effective interest rate during the period			5.50%
Nanjing Bank [Member] | Ever Glory Apparel [Member] | Maximum [Member]
Bank Loans (Textual)
Effective interest rate during the period			6.10%
Nanjing Bank [Member] | La Go Go [Member]
Bank Loans (Textual)
Revolving line of credit agreement, maximum borrowing capacity											$ 3,140,000	¥ 20
Revolving line of credit agreement, amount borrowed	1,570,000		$ 1,570,000		10
Effective interest rate during the period			5.90%
Revolving line of credit agreement, unused capacity	1,570,000		$ 1,570,000		10
Due date of additional borrowing			January 2,016
Industrial and Commercial Bank of China [Member] | Goldenway [Member]
Bank Loans (Textual)
Revolving line of credit agreement, maximum borrowing capacity															$ 9,410,000	¥ 60
Revolving line of credit agreement, amount borrowed	6,280,000		$ 6,280,000		40
Due date of revolving line of credit agreement			November 2015 to February 2016
Revolving line of credit agreement, unused capacity	3,130,000		$ 3,130,000
Industrial and Commercial Bank of China [Member] | Goldenway [Member] | Minimum [Member]
Bank Loans (Textual)
Effective interest rate during the period			5.50%
Industrial and Commercial Bank of China [Member] | Goldenway [Member] | Maximum [Member]
Bank Loans (Textual)
Effective interest rate during the period			5.80%
Industrial and Commercial Bank of China [Member] | Ever Glory Apparel [Member]
Bank Loans (Textual)
Revolving line of credit agreement, maximum borrowing capacity	18,830,000		$ 18,830,000		120
Revolving line of credit agreement, amount borrowed	6,280,000		$ 6,280,000		40
Due date of revolving line of credit agreement			October to December 2015
Revolving line of credit agreement, unused capacity	12,550,000		$ 12,550,000
Industrial and Commercial Bank of China [Member] | Ever Glory Apparel [Member] | Minimum [Member]
Bank Loans (Textual)
Effective interest rate during the period			5.10%
Industrial and Commercial Bank of China [Member] | Ever Glory Apparel [Member] | Maximum [Member]
Bank Loans (Textual)
Effective interest rate during the period			5.40%
Bank of Communications [Member] | La Go Go [Member]
Bank Loans (Textual)
Revolving line of credit agreement, maximum borrowing capacity																	$ 5,180,000	¥ 33
Revolving line of credit agreement, amount borrowed	3,140,000		$ 3,140,000		20
Effective interest rate during the period			5.30%
Due date of revolving line of credit agreement			June to August 2016
Revolving line of credit agreement, unused capacity	2,040,000		$ 2,040,000
HSBC [Member] | Ever-Glory Apparel and Perfect Dream [Member]
Bank Loans (Textual)
Revolving line of credit agreement, amount borrowed	9,580,000		$ 9,580,000
Effective interest rate during the period			5.80%
Due date of revolving line of credit agreement			December 2,015
Revolving line of credit agreement, collateral amount			$ 11,900,000
HSBC [Member] | Ever Glory Apparel And Goldenway [Member]
Bank Loans (Textual)
Revolving line of credit agreement, maximum borrowing capacity								$ 12,570,000
Revolving line of credit agreement, unused capacity	2,990,000		2,990,000
Ping An Bank [Member] | Ever Glory Apparel [Member]
Bank Loans (Textual)
Revolving line of credit agreement, maximum borrowing capacity	3,240,000		$ 3,240,000			9,410,000	60
Due date of revolving line of credit agreement			November 2015 to August 2016
Revolving line of credit agreement, unused capacity	6,170,000		$ 6,170,000
Revolving line of credit agreement, collateral amount			$ 3,330,000
Ping An Bank [Member] | Ever Glory Apparel [Member] | Minimum [Member]
Bank Loans (Textual)
Effective interest rate during the period			4.83%
Ping An Bank [Member] | Ever Glory Apparel [Member] | Maximum [Member]
Bank Loans (Textual)
Effective interest rate during the period			5.60%
China Citic Bank [Member] | La Go Go [Member]
Bank Loans (Textual)
Revolving line of credit agreement, maximum borrowing capacity									$ 5,650,000	¥ 36
Revolving line of credit agreement, amount borrowed	2,820,000		$ 2,820,000		¥ 18
Effective interest rate during the period			5.88%
Due date of revolving line of credit agreement			December 2015 to September 2016
Revolving line of credit agreement, unused capacity	2,830,000		$ 2,830,000
China Everbright Bank [Member] | Ever Glory Apparel [Member]
Bank Loans (Textual)
Revolving line of credit agreement, maximum borrowing capacity						$ 6,280,000	¥ 40
Revolving line of credit agreement, amount borrowed	6,030,000		$ 6,030,000
Due date of revolving line of credit agreement			October 2015 to Jan 2016
Revolving line of credit agreement, unused capacity	$ 250,000		$ 250,000
Revolving line of credit agreement, collateral amount			$ 7,500,000
China Everbright Bank [Member] | Ever Glory Apparel [Member] | Minimum [Member]
Bank Loans (Textual)
Effective interest rate during the period			4.00%
China Everbright Bank [Member] | Ever Glory Apparel [Member] | Maximum [Member]
Bank Loans (Textual)
Effective interest rate during the period			4.80%

Derivatives Liability (Details)

Derivatives Liability (Details)	1 Months Ended
	Oct. 31, 2014EUR (€)
Derivative Warrant Liability (Textual)
Derivative notional amount	€ 60,000
Warrants expiration date	Mar. 31, 2015

Income Tax (Details)

Income Tax (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Summary of Pre-tax income in jurisdictions
Pre-tax income	$ 3,790,555	$ 6,742,713	$ 11,907,820	$ 17,421,259
PRC [Member]
Summary of Pre-tax income in jurisdictions
Pre-tax income	$ 3,793,055	6,782,398	12,006,319	17,495,879
BVI [Member]
Summary of Pre-tax income in jurisdictions
Pre-tax income		(42,144)	(90,999)	(67,079)
Others [Member]
Summary of Pre-tax income in jurisdictions
Pre-tax income	$ (2,500)	$ 2,459	$ (7,500)	$ (7,541)

Income Tax (Details 1)

Income Tax (Details 1)	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Summary of Reconciliation of PRC statutory rates to the Company's effective tax rate
PRC statutory rate			15.00%
PRC [Member]
Summary of Reconciliation of PRC statutory rates to the Company's effective tax rate
PRC statutory rate	25.00%	25.00%	25.00%	25.00%
Preferential tax treatment		(2.30%)	(0.30%)	(0.90%)
Effect of foreign income tax rates		0.20%	0.20%	0.10%
Other	3.10%	0.90%	2.60%	0.90%
Effective income tax rate	28.10%	23.80%	27.50%	25.10%

Income Tax (Details 2)

Income Tax (Details 2) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Summary of Components of income tax expense
Current	$ 3,047,787	$ 1,736,690	$ 5,232,189	$ 6,952,708
Deferred	(1,981,841)	(130,675)	(1,884,699)	(2,536,929)
Income tax expense	$ 1,065,946	$ 1,606,015	$ 3,269,910	$ 4,364,689

Income Tax (Details Textual)

Income Tax (Details Textual) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014	Dec. 31, 2013
Income Tax (Textual)
PRC statutory rate			15.00%
Tax liability					$ 3,186,000
Tax Expiration			Dec. 31, 2017
U.S. deferred income taxes			$ 76,464,975
Maximum [Member]
Income Tax (Textual)
Effective income tax reduction, Percent			15.00%
Minimum [Member]
Income Tax (Textual)
Effective income tax reduction, Percent			9.00%
PRC [Member]
Income Tax (Textual)
PRC statutory rate	25.00%	25.00%	25.00%	25.00%
Tax liability	$ 3,186,000		$ 3,186,000
Income Taxes Paid, Net			$ 487,319
Income tax rate for dividends distribution			10.00%
HK [ Member]
Income Tax (Textual)
PRC statutory rate			25.00%

Earnings Per Share (Details)

Earnings Per Share (Details) - $ / shares	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Basic and diluted earnings per share
Weighted average number of common shares - Basic and diluted	14,785,309	14,782,668	14,784,503	14,781,722
Earnings per share - Basic and diluted	$ 0.19	$ 0.35	$ 0.60	$ 0.88

Stockholders' Equity (Details)

Stockholders' Equity (Details) - $ / shares	Aug. 15, 2014	Jul. 29, 2015
Three Independent Directors [Member]
Stockholders' Equity (Textual)
Common stock shares issued to independent directors	2,055	854
Common stock issued at five days average market price	$ 4.91	$ 5.91
Number of days used to calculation average market price of common stock	Five days before the grant date.	Five days before the grant date.
Two Independence Directors [Member]
Stockholders' Equity (Textual)
Common stock shares issued to independent directors	798	920
Common stock issued at five days average market price	$ 6.22	$ 5.39
Number of days used to calculation average market price of common stock	Five days before the grant date.	Five days before the grant date.

Related Party Transactions (Det

Related Party Transactions (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Summary of other expenses due to related parties
Total	$ 206,320	$ 23,182	$ 256,237	$ 69,802
Jiangsu Ever-Glory [Member]
Summary of other expenses due to related parties
Total	12,505	$ 12,717	38,080	$ 38,277
Chuzhou Huarui [Member]
Summary of other expenses due to related parties
Total	181,913		181,913
Kunshan Enjin [Member]
Summary of other expenses due to related parties
Total	$ 11,902	$ 10,465	$ 36,244	$ 31,525

Related Party Transactions (D37

Related Party Transactions (Details 1) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Summary of sub-contracts with related parties
Total	$ 5,139,243	$ 4,692,268	$ 14,501,044	$ 15,382,174
Chuzhou Huarui [Member]
Summary of sub-contracts with related parties
Total	785,980		3,278,891
Fengyang Huarui [Member]
Summary of sub-contracts with related parties
Total	513,826		1,249,661
Nanjing Ever-Kyowa [Member]
Summary of sub-contracts with related parties
Total	227,376	$ 405,957	813,959	$ 1,267,927
Ever-Glory Vietnam [Member]
Summary of sub-contracts with related parties
Total	2,366,881	2,370,471	7,254,631	7,335,355
Ever-Glory Cambodia [Member]
Summary of sub-contracts with related parties
Total	1,189,563	$ 1,628,047	1,561,624	$ 4,585,237
EsCeLav [Member]
Summary of sub-contracts with related parties
Total	$ 20,357		$ 22,366
Shanghai Weiwen [Member]
Summary of sub-contracts with related parties
Total		$ 102,462		$ 1,605,247
Shanghai Sea to Sky [Member]
Summary of sub-contracts with related parties
Total		161,369	$ 258,741	539,162
Jiangsu Ever-Glory [Member]
Summary of sub-contracts with related parties
Total	$ 35,260	$ 23,962	$ 61,171	$ 49,246

Related Party Transactions (D38

Related Party Transactions (Details 2) - USD ($)	Sep. 30, 2015	Dec. 31, 2014
Summary of accounts payable - related parties
Total	$ 1,547,343	$ 3,895,578
Fengyang Huarui [Member]
Summary of accounts payable - related parties
Total		622,060
Ever-Glory Vietnam [Member]
Summary of accounts payable - related parties
Total	$ 477,682	1,883,556
Nanjing Ever-Kyowa [Member]
Summary of accounts payable - related parties
Total	454,835	479,032
Chuzhou Huarui [Member]
Summary of accounts payable - related parties
Total	$ 368,424	414,583
Nanjing Knitting [Member]
Summary of accounts payable - related parties
Total		199,766
JiangsuWubijia [Member]
Summary of accounts payable - related parties
Total	$ 8,798	$ 5,460
EsCeLav [Member]
Summary of accounts payable - related parties
Total	6,998
Ever-Glory Cambodia [Member]
Summary of accounts payable - related parties
Total	$ 230,606	$ 291,121

Related Party Transactions (D39

Related Party Transactions (Details 3) - USD ($)	Sep. 30, 2015	Dec. 31, 2014
Summary of amounts due from related parties
Amounts due from related parties	$ 373,132	$ 1,651,987
Nanjing Eight-One-Five Hi-Tech (M&E) Co., Ltd. [Member]
Summary of amounts due from related parties
Amounts due from related parties		$ 20,558
Fengyang Huarui [Member]
Summary of amounts due from related parties
Amounts due from related parties	$ 106,952
Sea to sky [Member]
Summary of amounts due from related parties
Amounts due from related parties		$ 48,750
Nanjing Knitting [Member]
Summary of amounts due from related parties
Amounts due from related parties	88,613
Jiangsu Ever-Glory [Member]
Summary of amounts due from related parties
Amounts due from related parties	$ 177,567	$ 1,582,679

Related Party Transactions (D40

Related Party Transactions (Details Textual) ¥ in Millions	Mar. 31, 2012	Dec. 31, 2014USD ($)	Dec. 31, 2014CNY (¥)	Sep. 30, 2015USD ($)	Sep. 30, 2014USD ($)	Sep. 30, 2015USD ($)	Sep. 30, 2015CNY (¥)	Sep. 30, 2014USD ($)	Sep. 30, 2015CNY (¥)	Dec. 31, 2014CNY (¥)
Related Party Transactions (Textual)
Company sold raw materials						$ 3,900,000		$ 1,100,000
Interest income received from related party								(1,300,800)
Net (loss) profit				$ 2,724,609	$ 5,136,698	$ 8,637,910		13,056,570
Amounts due from related parties		$ 1,651,987		$ 373,132		$ 373,132
Ever-Glory Enterprises [Member]
Related Party Transactions (Textual)
Acquired interest						83.00%	83.00%
Jiangsu Ever-Glory [Member]
Related Party Transactions (Textual)
Company sold raw materials						$ 61,171		19,221
Guaranty on lines of credit		40,620,000	¥ 250			$ 53,190,000	¥ 339
Minimum percentage counter-guaranty on lines of credit	70.00%
Line of credit facility, Interest rate at expiration or termination	6.00%
Interest charged on net amounts due				0.41%		0.50%	0.50%
Interest income received from related party				$ 200,000	300,000	$ 700,000		900,000
Amount of Guarantee reduced						17,400,000	¥ 111
Currency exchange adjustment						70,000
Accrued interest						2,720,000
Counter guaranty provided by parent company on lines of credit		17,360,000		3,010,000		$ 3,010,000			¥ 19.2	¥ 107
Percentage of reduced guarantee						32.80%	32.80%
Value of equity redemption		19,420,000		20,150,000		$ 20,150,000
Amounts due from related parties		1,582,679		177,567		177,567
Repayment received under counter guarantee						2,350,000	¥ 15
Nanjing Knitting [Member]
Related Party Transactions (Textual)
Purchase of raw material				70,925	730,413	756,768		$ 1,614,483
Line of credit facility, collateral amount		22,300,000	¥ 136			$ 23,300,000	148
Other Income				52,945
Consignment received				42,770
Net (loss) profit				$ 10,175
Amounts due from related parties		20,558
Edward Yihua Kang [Member]
Related Party Transactions (Textual)
Guaranty on lines of credit						$ 37,500,000	¥ 239
Shanghai Sea to Sky [Member]
Related Party Transactions (Textual)
Amounts due from related parties		$ 48,750
Jiangsu Wubijia [Member]
Related Party Transactions (Textual)
Other Income				$ 14,065	11,175	23,851
Consignment received				11,283	$ 8,965	20,383
Net (loss) profit				2,782		3,468
Ever Glory Cambodia [Member]
Related Party Transactions (Textual)
Amounts due from related parties				88,613		88,613
Fengyang Huarui [Member]
Related Party Transactions (Textual)
Amounts due from related parties				$ 106,952		$ 106,952

Concentrations and Risks (Detai

Concentrations and Risks (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Company's revenues as per geographic areas
Net revenue	$ 118,601,207	$ 139,949,325	$ 292,231,167	$ 331,632,274
The People's Republic of China [Member]
Company's revenues as per geographic areas
Net revenue	33,397,435	34,637,418	61,704,923	62,164,662
Germany [Member]
Company's revenues as per geographic areas
Net revenue	3,147,247	9,134,418	10,414,417	20,958,370
United Kingdom [Member]
Company's revenues as per geographic areas
Net revenue	6,811,289	6,708,804	13,792,005	18,351,165
Europe-Other [Member]
Company's revenues as per geographic areas
Net revenue	14,043,852	18,316,496	22,742,582	26,833,816
Japan [Member]
Company's revenues as per geographic areas
Net revenue	5,424,737	6,175,302	11,288,601	14,850,015
United States [Member]
Company's revenues as per geographic areas
Net revenue	8,495,575	5,079,986	14,443,572	12,730,466
Wholesale Business [Member]
Company's revenues as per geographic areas
Net revenue	71,320,135	80,052,424	134,386,100	155,888,494
Retail business [Member]
Company's revenues as per geographic areas
Net revenue	$ 47,281,072	$ 59,896,901	$ 157,845,067	$ 175,743,780

Concentrations and Risks (Det42

Concentrations and Risks (Details Textual)	3 Months Ended		9 Months Ended
	Sep. 30, 2015USD ($)CustomerManufacturer	Sep. 30, 2014CustomerManufacturer	Sep. 30, 2015USD ($)CustomerManufacturer	Sep. 30, 2014CustomerManufacturer	Dec. 31, 2014USD ($)
Concentrations and Risks (Textual)
Allowance for doubtful accounts | $	$ 1,727,918		$ 1,727,918		$ 1,787,282
Wholesale Business [Member] | Raw Materials [Member]
Concentrations and Risks (Textual)
Concentration Risk, Percentage	10.00%	10.00%	10.00%	10.00%
Wholesale Business [Member] | Revenues [Member] | Customer [Member]
Concentrations and Risks (Textual)
Number of wholesale customer | Customer	1	1	1	1
Concentration Risk, Percentage	16.00%	10.00%	11.00%	10.00%
Wholesale Business [Member] | Purchase [Member] | Manufacturer [Member]
Concentrations and Risks (Textual)
Number of manufacturer	1	1	1	1
Concentration Risk, Percentage	15.00%	11.00%	19.50%	14.00%
Retail Business [Member] | Raw Materials [Member]
Concentrations and Risks (Textual)
Concentration Risk, Percentage	10.00%	10.00%	10.00%	10.00%
Retail Business [Member] | Finished Goods [Member] | Supplier [Member]
Concentrations and Risks (Textual)
Concentration Risk, Percentage	10.00%	10.00%	10.00%	10.00%

Segments (Details)

Segments (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Summary of segment profit or loss:
Net revenue from external customers	$ 118,601,207	$ 139,949,325	$ 292,231,167	$ 331,632,274
INCOME FROM OPERATIONS	3,809,122	6,324,143	12,107,222	16,994,527
Interest income	212,134	327,031	750,889	904,778
Interest expense	571,883	914,480	2,064,170	2,396,288
Depreciation and amortization	2,147,412	1,868,024	6,825,638	5,330,152
Income tax expense	1,065,946	1,606,015	3,269,910	4,364,689
Wholesale segment [Member]
Summary of segment profit or loss:
Net revenue from external customers	71,320,135	80,052,424	134,386,100	155,888,494
INCOME FROM OPERATIONS	2,884,445	4,347,676	6,469,137	8,302,107
Interest income	189,517	314,834	690,697	866,099
Interest expense	443,301	771,547	1,559,896	1,971,165
Depreciation and amortization	252,016	258,447	849,328	774,220
Income tax expense	576,942	956,847	1,447,905	1,902,965
Retail segment [Member]
Summary of segment profit or loss:
Net revenue from external customers	47,281,072	59,896,901	157,845,067	175,743,780
INCOME FROM OPERATIONS	924,677	1,976,467	5,638,085	8,692,420
Interest income	22,617	12,197	60,192	38,679
Interest expense	128,582	142,933	504,274	425,123
Depreciation and amortization	1,895,396	1,609,577	5,976,310	4,555,932
Income tax expense	$ 489,004	$ 649,168	$ 1,822,005	$ 2,461,724

Segments (Details Textual)

Segments (Details Textual)	9 Months Ended
	Sep. 30, 2015Segments
Segments (Textual)
Number of reportable segments	2