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Consolidated Balance Sheets - USD ($)
Sep. 30, 2015
Jun. 30, 2015
Current assets:    
Cash and cash equivalents $ 11,496,586 $ 11,822,620
Accounts receivable 8,013,939 5,464,182
Other receivables, net 223,982 143,384
Inventories, net 1,959,188 2,281,667
Prepaid expenses and other current assets 55,387 60,339
Prepaid income taxes 1,055,788 1,055,788
Deferred tax assets, current 206,902 206,902
Advance payments to vendors 120,609 62,321
Total current assets 23,132,381 21,097,203
Property and equipment, net 264,789 314,492
Intangible assets, net 937,582 1,042,281
Deferred tax assets, non-current 1,860,347 1,860,347
Goodwill 273,285 273,285
Other assets 147,877 129,859
TOTAL ASSETS 26,616,261 24,717,467
Current liabilities    
Accounts payable 8,746,179 7,362,075
Advance payments from customers 1,246,430 693,317
Accrued liabilities 202,009 238,619
Income tax payable 5,065 0
Short-term borrowings 148,295 148,295
Total current liabilities 10,347,978 8,442,306
Total liabilities $ 10,347,978 $ 8,442,306
Commitments and contingencies (Note 8)
Parent Company stockholders' equity:    
Preferred stock, par value $0.001 per share, authorized 10,000,000 shares; No preferred stock issued and outstanding as of September 30, 2015 and June 30, 2015 $ 0 $ 0
Common stock, par value $0.001 per share, authorized 50,000,000 shares; 10,533,869 shares issued and outstanding as of September 30, 2015 and June 30, 2015 13,806 13,806
Additional paid-in capital 7,293,267 7,305,767
Retained earnings 13,379,038 13,361,091
Treasury stock, 3,342,286 shares as of September 30, 2015 and June 30, 2015 (4,279,479) (4,279,479)
Accumulated other comprehensive loss (696,584) (664,722)
Total Parent Company stockholders' equity 15,710,048 15,736,463
Non-controlling interests 558,235 538,698
Total Stockholders' Equity 16,268,283 16,275,161
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 26,616,261 $ 24,717,467