Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Changes in Shareholders' Equity

v2.4.1.9
Consolidated Statements of Changes in Shareholders' Equity (USD $)
Total
Ordinary Shares
Additional paid-in capital
Retained Earnings (Accumulated Deficit)
Statutory reserves
Accumulated other comprehensive income
Balance at Dec. 31, 2011 $ 284,428,406us-gaap_StockholdersEquity $ 77,215us-gaap_StockholdersEquity
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
$ 135,427,182us-gaap_StockholdersEquity
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AdditionalPaidInCapitalMember
$ 113,945,830us-gaap_StockholdersEquity
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
$ 16,897,465us-gaap_StockholdersEquity
/ us-gaap_StatementEquityComponentsAxis
= pme_StatutoryReservesMember
$ 18,080,714us-gaap_StockholdersEquity
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AccumulatedOtherComprehensiveIncomeMember
Balance (in shares) at Dec. 31, 2011   77,215,000us-gaap_SharesOutstanding
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
       
Net income 108,774,696us-gaap_NetIncomeLoss     108,774,696us-gaap_NetIncomeLoss
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
   
Appropriation to statutory reserves          (2,523,552)us-gaap_StatutoryAccountingPracticesStatutoryNetIncomeAmount
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
2,523,552us-gaap_StatutoryAccountingPracticesStatutoryNetIncomeAmount
/ us-gaap_StatementEquityComponentsAxis
= pme_StatutoryReservesMember
  
Foreign currency translation adjustment 4,112,882us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax             4,112,882us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AccumulatedOtherComprehensiveIncomeMember
Balance at Dec. 31, 2012 397,315,984us-gaap_StockholdersEquity 77,215us-gaap_StockholdersEquity
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
135,427,182us-gaap_StockholdersEquity
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AdditionalPaidInCapitalMember
220,196,974us-gaap_StockholdersEquity
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
19,421,017us-gaap_StockholdersEquity
/ us-gaap_StatementEquityComponentsAxis
= pme_StatutoryReservesMember
22,193,596us-gaap_StockholdersEquity
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AccumulatedOtherComprehensiveIncomeMember
Balance (in shares) at Dec. 31, 2012   77,215,000us-gaap_SharesOutstanding
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
       
Net income 99,046,456us-gaap_NetIncomeLoss     99,046,456us-gaap_NetIncomeLoss
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
   
Recapitalization of company 3,589,337pme_StockIssuedDuringPeriodValueRecapitalizationOfCompany 1,840pme_StockIssuedDuringPeriodValueRecapitalizationOfCompany
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
3,587,497pme_StockIssuedDuringPeriodValueRecapitalizationOfCompany
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AdditionalPaidInCapitalMember
        
Recapitalization of company (in shares)   1,840,053pme_StockIssuedDuringPeriodShareRecapitalizationOfCompany
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
       
Appropriation to statutory reserves          (3,024,131)us-gaap_StatutoryAccountingPracticesStatutoryNetIncomeAmount
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
3,024,131us-gaap_StatutoryAccountingPracticesStatutoryNetIncomeAmount
/ us-gaap_StatementEquityComponentsAxis
= pme_StatutoryReservesMember
  
Foreign currency translation adjustment 8,195,045us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax             8,195,045us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AccumulatedOtherComprehensiveIncomeMember
Disposal of China Dredging Group Co., Ltd. (54,974,593)us-gaap_AdjustmentsToAdditionalPaidInCapitalOther    117,525,377us-gaap_AdjustmentsToAdditionalPaidInCapitalOther
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AdditionalPaidInCapitalMember
(130,557,629)us-gaap_AdjustmentsToAdditionalPaidInCapitalOther
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
(16,032,256)us-gaap_AdjustmentsToAdditionalPaidInCapitalOther
/ us-gaap_StatementEquityComponentsAxis
= pme_StatutoryReservesMember
(25,910,085)us-gaap_AdjustmentsToAdditionalPaidInCapitalOther
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AccumulatedOtherComprehensiveIncomeMember
Acquisition of fishing vessels from related party (388,330,794)us-gaap_StockIssuedDuringPeriodValueAcquisitions    (139,014,679)us-gaap_StockIssuedDuringPeriodValueAcquisitions
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AdditionalPaidInCapitalMember
(249,316,115)us-gaap_StockIssuedDuringPeriodValueAcquisitions
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
     
Balance at Dec. 31, 2013 64,841,435us-gaap_StockholdersEquity 79,055us-gaap_StockholdersEquity
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
117,525,377us-gaap_StockholdersEquity
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AdditionalPaidInCapitalMember
(63,654,445)us-gaap_StockholdersEquity
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
6,412,892us-gaap_StockholdersEquity
/ us-gaap_StatementEquityComponentsAxis
= pme_StatutoryReservesMember
4,478,556us-gaap_StockholdersEquity
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AccumulatedOtherComprehensiveIncomeMember
Balance (in shares) at Dec. 31, 2013   79,055,053us-gaap_SharesOutstanding
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
       
Net income 85,760,705us-gaap_NetIncomeLoss     85,760,705us-gaap_NetIncomeLoss
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
   
Dividend declared (790,550)us-gaap_StockIssuedDuringPeriodValueStockDividend       (790,550)us-gaap_StockIssuedDuringPeriodValueStockDividend
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
     
Foreign currency translation adjustment (552,656)us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax             (552,656)us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AccumulatedOtherComprehensiveIncomeMember
Balance at Dec. 31, 2014 $ 149,258,934us-gaap_StockholdersEquity $ 79,055us-gaap_StockholdersEquity
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
$ 117,525,377us-gaap_StockholdersEquity
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AdditionalPaidInCapitalMember
$ 21,315,710us-gaap_StockholdersEquity
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
$ 6,412,892us-gaap_StockholdersEquity
/ us-gaap_StatementEquityComponentsAxis
= pme_StatutoryReservesMember
$ 3,925,900us-gaap_StockholdersEquity
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AccumulatedOtherComprehensiveIncomeMember
Balance (in shares) at Dec. 31, 2014   79,055,053us-gaap_SharesOutstanding
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember