Consolidated Balance Sheets (In thousands, except for number of shares and per share data) (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2012
Dec. 31, 2011
Current assets:    
Cash and cash equivalents $ 8,964 $ 10,695
Accounts receivable, net 7,623 4,444
Other receivables, net 5,844 3,631
Prepayment and deposit to suppliers 13,718 15,360
Due from related parties 278 324
Contingent consideration receivables 160 159
Other current assets 153 129
Deferred tax assets-current 222  
Total current assets 36,962 34,742
Investment in and advance to equity investment affiliates 1,212 1,396
Property and equipment, net 1,775 1,902
Intangible assets, net 7,941 8,151
Goodwill 11,068 10,999
Deferred tax assets-non current 196 92
Total Assets 59,154 57,282
Current liabilities:    
Accounts payable * 214 [1] 268 [1]
Advances from customers * 1,890 [1] 724 [1]
Accrued payroll and other accruals * 485 [1] 616 [1]
Due to equity investment affiliate * 538 [1] 220 [1]
Due to related parties * 84 [1] 161 [1]
Payable for acquisition * 553 [1] 550 [1]
Taxes payable * 5,701 [1] 5,040 [1]
Other payables * 158 [1] 114 [1]
Dividend payable   5
Total current liabilities 9,623 7,698
Long-term liabilities:    
Deferred tax liability-non current * 1,850 [1] 1,893 [1]
Long-term borrowing from director 138 137
Total Liabilities 11,611 9,728
Equity:    
Common stock (US$0.001 par value; authorized 50,000,000 shares; issued and outstanding 22,186,540 shares and 22,146,540 shares at March 31, 2012 and December 31, 2011, respectively) 22 22
Additional paid-in capital 20,764 20,747
Statutory reserves 2,117 2,117
Retained earnings 16,322 16,688
Accumulated other comprehensive income 2,358 2,132
Total ChinaNet Online Holdings, Inc.’s stockholders’ equity 41,583 41,706
Noncontrolling interests 5,960 5,848
Total equity 47,543 47,554
Total Liabilities and Equity $ 59,154 $ 57,282
[1] All of the VIEs' assets can be used to settle obligations of its primary beneficiary. Liabilities recognized as a result of consolidating these VIEs do not represent additional claims on the Company's general assets (Note 2)