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SEGMENT REPORTING (Tables)
12 Months Ended
Sep. 30, 2022
SEGMENT REPORTING  
Schedule of segment information

For the year ended September 30, 2022

Oxytetracycline 

& Licorice 

Heparin 

products and 

products and

TCMD

Fertilizer

Sausage casing

Total

Revenue

    

$

40,305,988

    

$

1,088,570

    

$

23,460,467

    

$

64,855,025

Cost of revenue

 

36,210,950

 

760,030

 

21,656,748

 

58,627,728

Gross profit

$

4,095,038

$

328,540

$

1,803,719

$

6,227,297

Depreciation and amortization

$

963,457

$

48,804

$

212,412

$

1,224,673

Capital expenditures

$

1,882,198

$

91,029

$

1,259,042

$

3,232,269

For the year ended September 30, 2021

Oxytetracycline 

& Licorice 

Heparin 

products and 

products and 

TCMD

Fertilizer

Sausage casing

Total

Revenue

    

$

33,451,159

    

$

486,171

    

$

23,162,554

    

$

57,099,884

Cost of revenue

 

28,362,016

 

463,738

 

22,635,600

 

51,461,354

Gross profit

$

5,089,143

$

22,433

$

526,954

$

5,638,530

Depreciation and amortization

$

951,015

$

47,194

$

203,020

$

1,201,229

Capital expenditures

$

3,321,629

$

46,169

$

125,576

$

3,493,374

For the year ended September 30, 2020

Oxytetracycline 

& Licorice 

Heparin 

products and 

products and 

TCMD

Fertilizer

Sausage casing

Total

Revenue

    

$

32,602,384

    

$

701,701

    

$

16,729,115

    

$

50,033,200

Cost of revenue

 

25,004,712

 

304,670

 

17,184,665

 

42,494,047

Gross profit

$

7,597,672

$

397,031

$

(455,550)

$

7,539,153

Depreciation and amortization

$

886,323

$

38,792

$

180,473

$

1,105,588

Capital expenditures

$

377,953

$

33,914

$

37,898

$

449,765

    

September 30, 

    

September 30, 

2022

2021

Total Assets

 

  

 

  

Oxytetracycline & Licorice products and TCMD

$

50,690,503

$

60,786,870

Fertilizer

$

2,613,859

$

2,540,189

Heparin products and Sausage casing

$

11,222,255

$

12,026,204

Total

$

64,526,617

$

75,353,263