XML 55 R53.htm IDEA: XBRL DOCUMENT v3.20.1

INCOME TAX (Tables)

6 Months Ended

Dec. 31, 2019

INCOME TAX

Schedule of income (loss) before provision for income taxes

Income (loss) before provision for income taxes consisted of:

		June 30,			December 31,			December 31,
		2019			2019			2019
		RMB			RMB			U.S. Dollars
Outside China areas		¥	(28,447,953)		¥	(7,624,668)		$	(1,094,242)
China			3,064,024			904,020			129,739
Total		¥	(25,383,929)		¥	(6,720,648)		$	(964,503)

Schedule of deferred tax asset, net

Deferred tax asset, net is composed of the following:

		June 30,			December 31,			December 31,
		2019			2019			2019
		RMB			RMB			U.S. Dollars
Allowance for doubtful receivables		¥	832,515		¥	841,096		$	120,708
Impairment loss from investment in unconsolidated entity			605,660			605,660			86,920
Net operating loss carryforwards			7,456,198			8,202,780			1,177,208
Less: Valuation allowance			(8,894,373)			(9,649,536)			(1,384,836)
Deferred income tax assets, net		¥	—		¥	—		$	—

Schedule of company's income tax expense

The Company’s income tax expense is composed of the following:

		For the six months ended December 31,
		2018			2019			2019
		RMB			RMB			U.S. Dollars
Current income tax provision		¥	2,002		¥	316,799		$	45,465
Income tax expenses		¥	2,002		¥	316,799		$	45,465

X

- References

No definition available.

+ Details

Name:	us-gaap_IncomeTaxDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 9
-URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32639-109319

+ Details

Name:	us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32537-109319

+ Details

Name:	us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of income before income tax between domestic and foreign jurisdictions.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(h)(1)(i))
-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

+ Details

Name:	us-gaap_ScheduleOfIncomeBeforeIncomeTaxDomesticAndForeignTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration