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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2018
Cash flows from operating activities:      
Net Income $ 4,940,441 $ 5,908,479 $ 5,202,609
Adjustments to reconcile net income to net cash provided by (used in) operating activities:      
Amortization of the Right-of-use assets 62,410    
Depreciation and amortization 1,105,588 1,188,173 1,254,098
Loss from disposal of property and equipment     4,389
Provision of doubtful accounts 188,095 (9,301) 8,329
Inventory reserve (290,968) 67,719 201,053
Deferred tax expense (86,495) 48,656 15,799
Investment income (57,984) (89,197) (8,303)
Changes in operating assets and liabilities:      
Accounts receivable (660,667) 706,582 (1,072,933)
Bank acceptance notes receivable (5,583,925) (2,171,300) (2,989,921)
Inventories 1,402,620 (3,492,342) 2,812,032
Advances to suppliers 498,378 653,028 (156,114)
Advances to suppliers - related parties, net     239,250
Other current assets 125,261 (29,853) (32,169)
Accounts payable 613,339 (46,999) (822,019)
Accounts payable - related parties   (3,042) (2,526)
Advance from customers 1,461,407 (2,232,858) (267,520)
Advance from customers - related parties 29,973 2,254 (11,694)
Deferred revenue (314,238) (319,982) (385,118)
Tax payables 988,423 (834,183) 648,173
Accrued expenses and other payables 722,284 73,969 (199,400)
Operating lease liabilities (67,928)    
Net cash provided by (used in) operating activities 5,076,014 (580,197) 4,438,015
Cash flows from investing activities:      
Purchase of property and equipment (449,766) (616,388) (1,117,175)
Purchase of intangible assets (8,798) (635)  
Proceeds from (Payment made for) long term investment 82,972 (64,165) (253,596)
Investments made for marketable securities   14,559 (15,309)
Net cash used in investing activities (375,592) (666,629) (1,386,080)
Cash flows from financing activities:      
Proceeds from bank loan 7,135,009 5,089,651 (1,529,052)
Repayment of bank loans (4,994,506) (3,635,465)  
Repayment of bank notes payable   (581,674) (1,100,917)
Capital contribution from shareholders     247,700
Cash dividend paid     (733,944)
Payment for deferred offering costs   (365,310)  
Acquisition of non-controlling interest   (133,552)  
Net cash provided by financing activities 2,140,503 373,650 (3,116,213)
Effect of exchange rate change on Cash 431,765 (157,163) (181,798)
Net increase (decrease) in cash and cash equivalents 7,272,690 (1,030,339) (246,076)
Cash and cash equivalents at beginning of year 4,594,440 5,624,779 5,870,855
Cash and cash equivalents at end of year 11,867,130 4,594,440 5,624,779
Supplemental cash flow information      
Cash paid for interest 280,169 210,588 223,773
Cash paid for income taxes 275,607 $ 1,109,655 658,409
Operating lease right of use assets obtained in exchange of lease liabilities $ 143,443    
Stock dividend appropriation to shareholders     $ 4,403,670