Summary of Significant Accounting Policies (Details Textual)
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0 Months Ended | 12 Months Ended | ||||||||||
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May 03, 2012
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Dec. 31, 2014
USD ($)
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Dec. 31, 2014
CNY
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Dec. 31, 2013
USD ($)
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Dec. 31, 2013
CNY
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Dec. 31, 2012
USD ($)
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Dec. 31, 2012
CNY
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Dec. 31, 2011
USD ($)
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Dec. 31, 2014
CHINA
USD ($)
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Dec. 31, 2013
CHINA
USD ($)
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Dec. 31, 2014
HONG KONG
USD ($)
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Dec. 31, 2013
HONG KONG
USD ($)
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Significant Accounting Policies [Line Items] | ||||||||||||
Employee benefit costs | $ 1,172,444us-gaap_PensionAndOtherPostretirementBenefitExpense | $ 734,621us-gaap_PensionAndOtherPostretirementBenefitExpense | $ 0us-gaap_PensionAndOtherPostretirementBenefitExpense | |||||||||
Interest costs capitalized | 836,902us-gaap_InterestCostsCapitalized | 1,094,589us-gaap_InterestCostsCapitalized | 545,407us-gaap_InterestCostsCapitalized | |||||||||
Cumulative undistributed earnings | 172,900,000us-gaap_DeferredTaxLiabilitiesUndistributedForeignEarnings | 84,300,000us-gaap_DeferredTaxLiabilitiesUndistributedForeignEarnings | ||||||||||
Allowance for doubtful accounts | 1,174,121us-gaap_AllowanceForDoubtfulAccountsReceivable | |||||||||||
Advances from customers | 164,724us-gaap_CustomerAdvancesAndDepositsCurrent | 297,034us-gaap_CustomerAdvancesAndDepositsCurrent | ||||||||||
Deferred grant income | 520,045us-gaap_DeferredRevenueCurrent | |||||||||||
Advertising expenses | 20,000us-gaap_AdvertisingExpense | 0us-gaap_AdvertisingExpense | 0us-gaap_AdvertisingExpense | |||||||||
Cumulative translation adjustment and effect of exchange rate | (194,435)us-gaap_CumulativeTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease | 3,032,812us-gaap_CumulativeTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease | 1,726,785us-gaap_CumulativeTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease | |||||||||
Cash | 12,752,272us-gaap_CashAndCashEquivalentsAtCarryingValue | 8,156,599us-gaap_CashAndCashEquivalentsAtCarryingValue | 171,923,360us-gaap_CashAndCashEquivalentsAtCarryingValue | 114,204,340us-gaap_CashAndCashEquivalentsAtCarryingValue |
12,486,630us-gaap_CashAndCashEquivalentsAtCarryingValue / us-gaap_StatementGeographicalAxis = country_CN |
7,887,300us-gaap_CashAndCashEquivalentsAtCarryingValue / us-gaap_StatementGeographicalAxis = country_CN |
265,642us-gaap_CashAndCashEquivalentsAtCarryingValue / us-gaap_StatementGeographicalAxis = country_HK |
269,299us-gaap_CashAndCashEquivalentsAtCarryingValue / us-gaap_StatementGeographicalAxis = country_HK |
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Shipping and handling costs | 721,972us-gaap_ShippingHandlingAndTransportationCosts | 458,297us-gaap_ShippingHandlingAndTransportationCosts | 293,523us-gaap_ShippingHandlingAndTransportationCosts | |||||||||
Entitlement of net profit loss towards fishing vessels by entity, percentage | 100.00%pme_EntitlementOfNetProfitLossTowardsFishingVesselsByEntityPercentage | 100.00%pme_EntitlementOfNetProfitLossTowardsFishingVesselsByEntityPercentage | ||||||||||
Warrants to purchase common stock | 8,966,667pme_WarrantsToPurchaseCommonStock | 8,966,667pme_WarrantsToPurchaseCommonStock | 8,966,667pme_WarrantsToPurchaseCommonStock | 8,966,667pme_WarrantsToPurchaseCommonStock | 8,966,667pme_WarrantsToPurchaseCommonStock | 8,966,667pme_WarrantsToPurchaseCommonStock | ||||||
Foreign currency exchange rates | 1.00us-gaap_AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax | 6.1385us-gaap_AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax | 1.00us-gaap_AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax | 6.0537us-gaap_AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax | ||||||||
Average translation rates | $ 1.00us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax | 6.1432us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax | $ 1.00us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax | 6.1412us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax | $ 1.00us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax | 6.3116us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax | ||||||
Effective income tax rate on estimated profit | 25.00%us-gaap_EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes | 25.00%us-gaap_EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes | 25.00%us-gaap_EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes |
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- Definition
Percentage of net profit (loss) entitled towards fishing vessels by the entity. No definition available.
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- Details
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- Definition
Warrants to purchase common stock . No definition available.
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- Definition
Accumulated adjustment, net of tax, that results from the process of translating subsidiary financial statements and foreign equity investments into the reporting currency from the functional currency of the reporting entity, net of reclassification of realized foreign currency translation gains or losses. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount charged to advertising expense for the period, which are expenses incurred with the objective of increasing revenue for a specified brand, product or product line. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
For an unclassified balance sheet, a valuation allowance for receivables due a company that are expected to be uncollectible. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
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. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The increase (decrease) in cumulative translation adjustment before transfers included in determining net income. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The current portion of aggregate prepayments received from customers for goods or services to be provided in the future, as well as the current portion of money or property received from customers that are to be returned upon satisfactory contract completion or as partial prepayment for goods or services to be provided in the future. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition
The carrying amount of consideration received or receivable as of the balance sheet date on potential earnings that were not recognized as revenue in conformity with GAAP, and which are expected to be recognized as such within one year or the normal operating cycle, if longer, including sales, license fees, and royalties, but excluding interest income. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of deferred tax liability attributable to taxable temporary differences from undistributed earnings of subsidiaries and other recognized entities not within the country of domicile of the entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition
Percentage of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations applicable to state and local income tax expense (benefit), net of federal tax expense (benefit). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of interest capitalized during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition
Amount after tax, before reclassification adjustments of gain (loss) on foreign currency translation adjustments, foreign currency transactions designated and effective as economic hedges of a net investment in a foreign entity and intra-entity foreign currency transactions that are of a long-term-investment nature. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The amount of pension and other (such as medical, dental and life insurance) postretirement benefit costs recognized during the period for (1) defined benefit plans (periodic benefit costs include the following components: service cost, interest cost, expected return on plan assets, gain (loss) on assets, prior service cost or credit, transition asset or obligation, and gain (loss) due to settlements or curtailments) and for (2) defined contribution plans (to the extent that a plan's defined contributions to an individual's account are to be made for periods in which that individual renders services, the net cost for a period is the contribution called for in that period; if a plan calls for contributions for periods after an individual retires or terminates, the estimated cost is accrued during the employee's service period). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Cost incurred during the reporting period in transporting goods and services to customers. Includes freight-out costs. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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